NOT LISTED FOR SALE

Watermill Place 1 Watermill Place Unit 204 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $526,000 - $528,000

1 Bed
1.5 Baths
777 Sq Ft
$404/mo HOA Fee

Last Sold August 27, 2023

Last sale price $500,000 $644 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,565/month

4 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Home Office
  • Peirce Elementary School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of August 2023

One of the largest 1 bedroom condos at desirable Watermill Place. This second floor condo has 1.5 baths, in-unit washer/dryer, Central AC, abundant closet space, covered parking and is situated in a serene setting with treetop views. An open concept floor plan with living and dining room open to the kitchen. Master suite with newer walk-in shower, office area, and generous bedroom. This beautiful unit also has a newer HVAC/compressor and kitchen/hallway flooring. A meticulously maintained building with many updates including roof, brick repointing, doors and windows. Amenities include storage on the same floor, garbage chute, deeded covered parking, and visitor parking. A professionally managed association with beautiful common areas, on-site fully equipped fitness center, 2 elevators and gorgeous grounds. Close to buses to Alewife and Harvard subway, Trader Joes, Starbucks, shops, restaurants, the Minuteman bike path, and so much more.

Last Agent to Sell the Property

Dave Ledwig

Gibson Sotheby's International Realty Listed on: 07/13/2023

Gibson Sotheby's International Realty

Co-Listed By

Kavitha Ledwig

Gibson Sotheby's International Realty

Last Buyer's Agent

Mary Lou McDonough

Barrett Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,422

Year Built

  • Built in 1988

Lot Details

  • Two or More Common Walls

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 777 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Home Office
  • Vinyl Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Linen Closet

Laundry

  • Laundry on upper level
  • Washer and Dryer

Home Security

  • Intercom
  • Door Monitored By TV

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Peirce Elementary School
  • Gibbs/Ottoson Middle School
  • Arlington High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 323051

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 130 Units
  • Mid-Rise Condominium
  • Watermill Place Community

Amenities

  • Common Area
  • Shops
  • Elevator

Recreation

  • Fitness Center
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,422

Year Built

Built in 1988

Lot Details

0

HOA Fees

$404 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Entry Level: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Closet, Closet - Linen, Entrance Foyer, Office
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer/Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Flooring - Vinyl
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Half, Flooring - Vinyl
  • Room Dining Room Features: Open Floorplan
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Open Floorplan
  • Room Office Level: Second
  • Room Office Features: Closet - Linen
  • Basement: N
  • Living Area: 777
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • MAIN SO: AN0538

Exterior Features

  • Common Walls: 2+ Common Walls
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Other (See Remarks), 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s), Fitness Center
  • Association Fee: 404
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Public School
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 323051
  • Zoning: R7
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4422

Multi Family

  • Number Of Units Total: 130
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Arlington
  • Elementary School: Peirce
  • Middle Or Junior School: Gibbs/Ottoson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 3, 2023
Sold by
Fratic Joseph
Bought by
Martin Eleanor R
Seller's Agent
Dave Ledwig
Gibson Sotheby's International Realty
Buyer's Agent
Mary Lou McDonough
Barrett Sotheby's International Realty
List Price
$449,000
Sold Price
$500,000
Premium/Discount to List
$51,000
11.36%
Views
40
Current Estimated Value
$526,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,798
Avg. Annual Appreciation
2.44%

Purchase Details

Listed on
Sep 6, 2013
Closed on
Nov 26, 2013
Sold by
Hodges Judith D
Bought by
Fratic Joseph
Seller's Agent
Leslie-Ann Krupnick
Cameron Real Estate Group
Buyer's Agent
Nancy Solomon
Coldwell Banker Realty - Arlington
List Price
$305,000
Sold Price
$283,000
Premium/Discount to List
-$22,000
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$85,200
Interest Rate
4.45%

Purchase Details

Closed on
Jan 6, 1989
Sold by
H J Winchester Tr
Bought by
Hodges Judith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Martin Eleanor R $500,000 None Available
Fratic Joseph $283,000 --
Hodges Judith D $141,500 --
Hodges Judith D $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodges Judith D $85,200
Previous Owner Hodges Judith D $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2023 08/27/23 Sold $500,000 +11.4% $644 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $449,000 +58.7% $578 / Sq Ft
11/26/2013 11/26/13 Sold $283,000 -5.0% $364 / Sq Ft View Prior Sale
11/12/2013 11/12/13 Pending -- -- --
10/24/2013 10/24/13 Price Changed $298,000 -2.3% $384 / Sq Ft
09/06/2013 09/06/13 For Sale $305,000 -- $393 / Sq Ft
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 $4,844 $449,800 $0 $449,800
2024 $4,381 $413,700 $0 $413,700
2023 $4,421 $394,400 $0 $394,400
2022 $4,388 $384,200 $0 $384,200
2021 $4,299 $379,100 $0 $379,100
2020 $4,080 $368,900 $0 $368,900
2019 $3,895 $345,900 $0 $345,900
2018 $3,514 $289,700 $0 $289,700
2017 $3,488 $277,700 $0 $277,700
2016 $3,555 $277,700 $0 $277,700
2015 $3,432 $253,300 $0 $253,300
Source: Public Records

Agents Affiliated with this Home

  • Dave Ledwig

    Seller's Agent in 2023

    Dave Ledwig

    Gibson Sotheby's International Realty

    (781) 985-8750

    10 in this area

    50 Total Sales

    Dave Ledwig
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kavitha Ledwig

    Gibson Sotheby's International Realty

    4 in this area

    6 Total Sales

    Kavitha Ledwig
    Section Image
  • Mary Lou McDonough

    Buyer's Agent in 2023

    Mary Lou McDonough

    Barrett Sotheby's International Realty

    (617) 947-9279

    2 in this area

    37 Total Sales

    Mary Lou McDonough
    Section Image

  • L

    Seller's Agent in 2013

    Leslie-Ann Krupnick

    Cameron Real Estate Group

    Section Image

  • N

    Buyer's Agent in 2013

    Nancy Solomon

    Coldwell Banker Realty - Arlington

See All Agents

About Watermill Place

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73135646

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000204

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 Watermill Place Unit 204, Arlington, MA

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