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16 Balfour St

Lexington, MA 02421

4 bd 4 ba 2,688 sqft Built 1951 Lot 13,939 sqft single_family
Most recent sale
$1,465,000
Jun 5, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 5, 2023 Sold $1,465,000 MLSPIN
Mar 30, 2023 Listed $1,468,000 MLSPIN
Nov 22, 2022 Listing removed $1,550,000 MLSPIN
Nov 11, 2022 Listing removed $1,550,000 MLSPIN
Nov 5, 2022 Price changed $1,550,000 MLSPIN
Nov 2, 2022 Price changed $1,600,000 MLSPIN
Oct 20, 2022 Listed $1,675,000 MLSPIN
Jul 28, 2014 Sold $781,000 MLSPIN
Jun 4, 2014 Listed $795,000 MLSPIN
Oct 16, 1987 Sold $264,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $525,000 $735,000 $1,260,000 $15,410
2024 $468,000 $700,000 $1,168,000 $14,308
2023 $439,000 $637,000 $1,076,000 $13,988
2022 $380,000 $579,000 $959,000 $13,234
2021 $340,000 $551,000 $891,000 $12,821
2020 $333,000 $551,000 $884,000 $12,420
2019 $328,000 $525,000 $853,000 $12,044
2018 $324,000 $500,000 $824,000 $11,783
2017 $302,000 $476,000 $778,000 $11,273
2016 $313,000 $454,000 $767,000 $11,198
2015 $318,000 $412,000 $730,000 $10,848
2014 $238,000 $375,000 $613,000 $9,508
2006 $227,000 $407,000 $634,000 $7,044
2005 $229,000 $366,000 $595,000 $6,747
2004 $245,000 $344,000 $589,000 $6,167
2003 $212,000 $288,000 $500,000 $5,475

Property facts

Year built
1951
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,688 sqft
Lot size
13,939 sqft
ZIP code
02421
City
Lexington
Street
Balfour St
Coordinates
42.45151, -71.24797

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,795
Gross rental yield
6.38%
Implied cap rate
4.15%
Trend-extrapolated value

Frequently asked questions

When did 16 Balfour St last sell?
16 Balfour St most recently sold on Jun 5, 2023 for $1,465,000.
What is the current tax assessment for 16 Balfour St?
The most recent total assessment for 16 Balfour St (year 2025) is $1,260,000 with $15,410 in property tax.
How does 16 Balfour St's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $1,465,000.
When was 16 Balfour St built?
16 Balfour St was built in 1951.
How does 16 Balfour St compare to others on Balfour St?
We track 4 other properties on Balfour St. Browse the list under "Other properties on Balfour St" to compare beds, baths, and sale history.
What are the property facts for 16 Balfour St?
16 Balfour St is a 4 bed, 4 bath, 2,688 sqft, 13,939 sqft lot single_family.
Is 16 Balfour St a flip candidate?
No — 16 Balfour St does not appear in our flips dataset.
Is 16 Balfour St a tax-appeal candidate?
No — 16 Balfour St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q1
$2.69M
2026 Q2
$2.76M
ZIP 02421 — Median Price History + Forecast

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