Watermill Place 1 Watermill Place Unit 306 Arlington, MA 02476
Arlington Heights NeighborhoodEstimated Value: $579,000 - $635,000
2
Beds
2
Baths
1,034
Sq Ft
$556/mo
HOA Fee
Highlights
- Fitness Center
- Medical Services
- End Unit
- Peirce Elementary School Rated A-
- Property is near public transit
- Jogging Path
About This Home
As of March 2024Watermill Place is a premier one of Arlington's most sought-after condominium buildings. This charming home offers an open-concept living and dining area with an Atrium Door to a balcony and large windows that flood the space with natural light: spacious 2 BEDROOMS and 2 BATHROOMS, IN-UNIT laundry. The main suite offers a walk-in closet and an en-suite bathroom. Additional benefits include assigned garage parking, a building elevator, a well-equipped fitness room, a patio, and professionally landscaped grounds. Watermill Place is close to great recreation spots such as Mystic Lakes State Park and the Minuteman Bikeway. Convenient to Alewife and Harvard, this spectacular condo building is just minutes from shops and restaurants, including Arlington's Great Meadow; outdoor enthusiasts will love it here ~ BUYER and BUYER AGENT to DUE delingence.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,993
Year Built
- Built in 1988
Lot Details
- Near Conservation Area
- End Unit
HOA Fees
- $556 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,034 Sq Ft Home
- 1-Story Property
- Laundry in unit
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
Utilities
- Central Air
- Heat Pump System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number M:058.C B:0001 L:0306
Community Details
Overview
- Association fees include water, sewer, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 130 Units
Amenities
- Medical Services
- Shops
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Park
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2024
Closed on
Mar 29, 2024
Sold by
Lee Julia M
Bought by
Liu Caroline X
Seller's Agent
Mg Group
Century 21 North East
Buyer's Agent
Peter Cote
Redfin Corp.
List Price
$549,000
Sold Price
$557,000
Premium/Discount to List
$8,000
1.46%
Total Days on Market
7
Views
537
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,177
Avg. Annual Appreciation
8.10%
Original Mortgage
$445,600
Outstanding Balance
$440,869
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,308
Purchase Details
Closed on
Sep 25, 2002
Sold by
Nielsen Kirk T and Nielsen Kathleen L
Bought by
Lennox Mirian C and Worthington Annabel S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 26, 1999
Sold by
Welch Mary P
Bought by
Nielsen Kirk T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 1990
Sold by
Watermill Prop Inc
Bought by
Welch Mary P
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Similar Homes in Arlington, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liu Caroline X | $557,000 | None Available | |
| Lennox Mirian C | $315,000 | -- | |
| Nielsen Kirk T | $200,000 | -- | |
| Welch Mary P | $146,000 | -- | |
| Mary P Welch | $146,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liu Caroline X | $445,600 | |
| Previous Owner | Lennox Mirian C | $236,250 | |
| Previous Owner | Mary P Welch | $190,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $557,000 | +1.5% | $539 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 02/04/2024 02/04/24 | For Sale | $549,000 | -- | $531 / 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 | $6,566 | $609,700 | $0 | $609,700 |
| 2024 | $5,993 | $565,900 | $0 | $565,900 |
| 2023 | $6,075 | $541,900 | $0 | $541,900 |
| 2022 | $6,024 | $527,500 | $0 | $527,500 |
| 2021 | $5,900 | $520,300 | $0 | $520,300 |
| 2020 | $5,595 | $505,900 | $0 | $505,900 |
| 2019 | $5,326 | $473,000 | $0 | $473,000 |
| 2018 | $4,774 | $393,600 | $0 | $393,600 |
| 2017 | $4,611 | $367,100 | $0 | $367,100 |
| 2016 | $4,699 | $367,100 | $0 | $367,100 |
| 2015 | $4,515 | $333,200 | $0 | $333,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mg Group
M
Seller's Agent in 2024
Mg Group
Century 21 North East
(617) 389-1129
1 in this area
179 Total Sales
-
P
Buyer's Agent in 2024
Peter Cote
Redfin Corp.
(978) 380-0794
About Watermill Place
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73198962
APN: ARLI-000058C-000001-000306
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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