NOT LISTED FOR SALE

1 School St Unit 409 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $501,526 - $581,000

1 Bed
1 Bath
950 Sq Ft
2.3 Acres

Highlights

  • 100,000 Sq Ft lot
  • Property is near public transit
  • Park
  • Brackett Elementary School Rated A
  • Cooling Available
  • 1-minute walk to Cutter School Park

About This Home

As of July 2024

A-frame loft-style 1-bedroom on top floor of historic Cutter School with assigned parking, easy access to Rt 93 and Rt 128, plus Whole Foods and Trader Joe's just minutes away. Fully updated chef's kitchen, lots of closet space, exposed wooden beams, in-unit laundry, and extra basement storage. New skylights throughout and new wall heater / AC unit. Convenient to lots of restaurants, reliable #77 bus line, and Minuteman Bike Path. Located on lovely, tree-lined street with enclosed, shady park on same property. 3x rent to sign lease (first month, security deposit, broker fee).

Last Agent to Rent the Property

Jon Hindmarsh

Gibson Sotheby's International Realty Listed on: 07/07/2024

Gibson Sotheby's International Realty

Last Renter's Agent

Jon Hindmarsh

Gibson Sotheby's International Realty Listed on: 07/07/2024

Gibson Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,614

Year Built

  • Built in 1925

Lot Details

  • 2.3

Parking

  • 1 Car Parking Space

Home Design

  • 950 Sq Ft Home
  • Entry on the 4th floor

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Cooling Available

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 9/1/24
  • Rent includes heat, hot water, gas, water, sewer, trash collection, snow removal, gardener, garden area, parking
  • 12 Month Lease Term
  • Assessor Parcel Number M:128.A B:0001 L:0409,328008

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Common Area
  • Shops

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,614

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2300

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Entry Level: 4
  • CoOp Comp: co-broke
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 950
  • Spa YN: No
  • MAIN LO: BB5918
  • MAIN SO: BB5918

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park
  • Rent Includes: Heat, Hot Water, Gas, Water, Sewer, Trash Collection, Snow Removal, Gardener, Garden Area, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:128.A B:0001 L:0409,328008
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 100000
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
Apr 24, 2015
Sold by
Kowalski Karl G
Bought by
Covens-Nojechowicz Laurie and Nojechowicz Guillermo
Seller's Agent
Jon Hindmarsh
Gibson Sotheby's International Realty
Buyer's Agent
Claudette Hayes
Niello Realty Group,LLC
Sold Price
$1,750
Current Estimated Value
$553,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,632
Original Mortgage
$202,500
Outstanding Balance
$156,565
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$396,817

Purchase Details

Closed on
Aug 3, 2007
Sold by
Cutter 409 Rt and Kotyan Rajeev
Bought by
Kowalski Karl G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Murphy-Kotyan Carmel M and Kotyan Rajeev H
Bought by
Cutter409 Rt and Kotyan Rajeev

Purchase Details

Closed on
Apr 26, 1996
Sold by
Field William C
Bought by
Bell Leila K

Purchase Details

Closed on
Aug 25, 1994
Sold by
Pillsbury Lucille and Nigro Lauren
Bought by
Field William C

Purchase Details

Closed on
Apr 1, 1987
Sold by
Doherty Philip
Bought by
Pillsbury Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Covens-Nojechowicz Laurie $270,000 --
Kowalski Karl G $266,000 --
Cutter409 Rt -- --
Bell Leila K $123,500 --
Field William C $123,500 --
Pillsbury Robert $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covens-Nojechowicz Laurie $202,500
Previous Owner Pillsbury Robert $237,000
Previous Owner Kowalski Karl G $212,800
Previous Owner Pillsbury Robert $117,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2024 07/21/24 Rented $2,200 -4.3% --
07/13/2024 07/13/24 Under Contract -- -- --
07/07/2024 07/07/24 For Rent $2,300 +24.3% --
08/11/2021 08/11/21 Rented $1,850 0.0% --
08/09/2021 08/09/21 Under Contract -- -- --
08/02/2021 08/02/21 For Rent $1,850 -7.5% --
10/26/2020 10/26/20 Rented $2,000 +5.3% --
10/22/2020 10/22/20 Under Contract -- -- --
08/06/2020 08/06/20 For Rent $1,900 -2.6% --
06/03/2019 06/03/19 Rented $1,950 0.0% --
05/26/2019 05/26/19 Under Contract -- -- --
05/21/2019 05/21/19 For Rent $1,950 +11.4% --
03/30/2015 03/30/15 Rented $1,750 -2.8% --
03/30/2015 03/30/15 For Rent $1,800 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,614 $428,400 $0 $428,400
2024 $4,275 $403,700 $0 $403,700
2023 $4,343 $387,400 $0 $387,400
2022 $4,303 $376,800 $0 $376,800
2021 $4,213 $371,500 $0 $371,500
2020 $3,992 $360,900 $0 $360,900
2019 $3,706 $329,100 $0 $329,100
2018 $3,298 $271,900 $0 $271,900
2017 $3,176 $252,900 $0 $252,900
2016 $4,902 $383,000 $0 $383,000
2015 $4,183 $308,700 $0 $308,700
Source: Public Records

Agents Affiliated with this Home

  • Jon Hindmarsh

    Landlord's Agent in 2024

    Jon Hindmarsh

    Gibson Sotheby's International Realty

    (617) 416-4781

    3 in this area

    26 Total Sales

    Jon Hindmarsh
    Section Image

  • C

    Buyer's Agent in 2015

    Claudette Hayes

    Niello Realty Group,LLC

    (617) 731-1111

    5 Total Sales

    Claudette Hayes
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73260802

MLS Property Information Network (MLS PIN)

APN: ARLI-000128A-000001-000409

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 School St Unit 409, Arlington, MA

Not Listed for Sale

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