987 WALTHAM ST
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Location
987 WALTHAM ST
Mblu
5/ / 4B/ /
Acct#
Owner
LEXINGTON RIDGE- AVALON INC
Total Market Value
$61,271,000
PID
410
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$52,581,000$8,690,000$61,271,000

Owner of Record
OwnerLEXINGTON RIDGE- AVALON INC
Co-OwnerATTN: TAX DEPARTMENT
Address4040 WILSON BLVD STE 1000
ARLINGTON, VA 22203
Sale Price$4,000,000
Certificate
Book & Page 23919/0555
Sale Date11/04/1993

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
LEXINGTON RIDGE- AVALON INC$4,000,000 23919/055511/04/1993
TCR LEXINGTON LIMITED PARTNERSHIP$2,200,000 23387/050506/30/1993
LEXINGTON HEIGHTS REALTY TRUST$475,000 15391/054601/05/1984
FRASCA ROCCO$0 08839/033701/01/1956

Building Information
Building 1 : Section 1
Year Built: 1994
Living Area: 276,000
Replacement Cost: $71,056,060
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$52,581,000
Building Attributes
FieldDescription
Style:APARTMENTS
ModelCommercial
GradeC+
Stories:1
Occupancy1.00
Exterior Wall 1CDR/CPBD/HPLNK
Exterior Wall 2 
Roof StructureGABLE/HIP
Roof CoverASPH/FBGL/COMP
Interior Wall 1SKIM COAT PLST
Interior Wall 2 
Interior Floor 1HARDWOOD
Interior Floor 2 
Heating FuelOIL
Heating TypeNone
AC TypeNONE
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms424
Total Baths0
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall2.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 276,000 276,000
FGRGarage, Finished 6,400 0
   282,400 276,000

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1120
DescriptionAPT OVER 8 MDL-94  
ZoneRO
Neighborhood20
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)736305
Frontage1060
Depth0
Total Market Land$8,690,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$52,581,000$8,690,000$61,271,000
2025$43,257,000$8,712,000$51,969,000
2024$42,149,000$8,316,000$50,465,000
2023$38,598,000$7,564,000$46,162,000

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