Seller's Agent in 2025
Amy Kirsch
Leading Edge Real Estate
(617) 306-9279
3 in this area
49 Total Sales
Watermill Place 1 Watermill Place Unit 527 Arlington, MA 02476
Arlington Heights Neighborhood
1
Bed
1.5
Baths
759
Sq Ft
$587/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- Medical Services
- Peirce Elementary School Rated A-
- Fitness Center
- No Units Above
About This Home
As of May 2025Skyline views with private roof deck oasis, this stunning corner penthouse delivers modern style and convenience. This 1 bed, 1.5 bath features an open concept living room/dining space with wood floors, updated kitchen with granite counters and stainless appliances. Spacious bedroom with ensuite bath, a bonus half bath for guests, and in unit laundry. Building amenities include fitness center, elevator, secured entry, meticulously maintained grounds, and professional management. Complete with carport garage w/ premium parking space right outside the door and dedicated private storage on the units same floor. This turnkey condo is also curated with designer modern paint and furniture that can be transfered if furnished is desired, this showcase penthouse presents a rare opportunity for instant sophisticated living. Enjoy easy access to Mass Ave dining, Minuteman Bikeway, and public transit, this sought-after space in Watermill Place won't last!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,201
Year Built
- Built in 1988
Lot Details
- Near Conservation Area
- No Units Above
- Landscaped Professionally
HOA Fees
- $587 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Assigned Parking
Interior Spaces
- 759 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Wood Flooring
- City Views
- Intercom
- Laundry on main level
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- 1 Cooling Zone
- 1 Heating Zone
- Heat Pump System
- Hot Water Heating System
- 200+ Amp Service
Additional Features
- Level Entry For Accessibility
- Energy-Efficient Thermostat
Listing and Financial Details
- Assessor Parcel Number M:058.C B:0001 L:0527,323074
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
- 130 Units
- Mid-Rise Condominium
Amenities
- Medical Services
- Shops
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Fitness Center
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Apr 30, 2025
Sold by
Liegl Bernhard
Bought by
Lam Lui R
Seller's Agent
Amy Kirsch
Leading Edge Real Estate
Buyer's Agent
Dave Ledwig
Gibson Sotheby's International Realty
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.23%
Purchase Details
Listed on
May 11, 2018
Closed on
Jun 19, 2018
Sold by
Tracy Charles L
Bought by
Tong Zhen
Seller's Agent
Demeo Realty Group
Coldwell Banker Realty - Newton
Buyer's Agent
Jian Ping Ge
Stonebridge Realty
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$345,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2005
Sold by
Hoyte James S and Dinnall Norma I
Bought by
Tracy Charles L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 1991
Sold by
Engelberg Michael
Bought by
Kaldis Maria
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $530,000 | None Available | |
| Condominium Deed | $530,000 | None Available | |
| Deed | $425,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | $310,000 | -- | |
| Deed | $310,000 | -- | |
| Deed | $135,000 | -- | |
| Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $392,000 | Purchase Money Mortgage | |
| Previous Owner | $332,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $337,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $75,000 | No Value Available | |
| Previous Owner | $215,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $262,006 | No Value Available | |
| Previous Owner | $248,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $530,000 | +6.2% | $698 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $499,000 | +1.8% | $657 / Sq Ft |
| 08/01/2022 08/01/22 | Sold | $490,000 | +2.1% | $646 / Sq Ft |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $479,900 | 0.0% | $632 / Sq Ft |
| 05/11/2022 05/11/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $479,900 | 0.0% | $632 / Sq Ft |
| 07/01/2021 07/01/21 | Rented | $2,100 | -4.5% | -- |
| 05/31/2021 05/31/21 | Under Contract | -- | -- | -- |
| 05/22/2021 05/22/21 | For Rent | $2,200 | 0.0% | -- |
| 06/19/2018 06/19/18 | Sold | $425,000 | -0.9% | $560 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 05/11/2018 05/11/18 | For Sale | $429,000 | -- | $565 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,201 | $482,900 | $0 | $482,900 |
| 2024 | $4,717 | $445,400 | $0 | $445,400 |
| 2023 | $4,765 | $425,100 | $0 | $425,100 |
| 2022 | $4,728 | $414,000 | $0 | $414,000 |
| 2021 | $4,631 | $408,400 | $0 | $408,400 |
| 2020 | $4,394 | $397,300 | $0 | $397,300 |
| 2019 | $3,864 | $343,200 | $0 | $343,200 |
| 2018 | $3,487 | $287,500 | $0 | $287,500 |
| 2017 | $3,463 | $275,700 | $0 | $275,700 |
| 2016 | $3,529 | $275,700 | $0 | $275,700 |
| 2015 | $3,409 | $251,600 | $0 | $251,600 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Kirsch
-
Dave Ledwig
Buyer's Agent in 2025
Dave Ledwig
Gibson Sotheby's International Realty
(781) 985-8750
10 in this area
53 Total Sales
-
Charles Ball
Seller's Agent in 2022
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 666-2121
1 in this area
64 Total Sales
-
Christine Ball
Seller Co-Listing Agent in 2022
Christine Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 893-0470
2 in this area
61 Total Sales
-
The Tabassi Team
Buyer's Agent in 2022
The Tabassi Team
RE/MAX
(978) 375-5834
7 in this area
539 Total Sales
-
Jian Ping Ge
Seller's Agent in 2021
Jian Ping Ge
Stonebridge Realty
(978) 846-7553
1 in this area
37 Total Sales
About Watermill Place
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73356965
APN: ARLI-000058C-000001-000527
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