$510,000
OPEN SAT 12PM - 1:30PM

Watermill Place 1 Watermill Place Unit 308 Floor 3 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated payment $3,527/month

1 Bed
1.5 Baths
722 Sq Ft
$706 Price per Sq Ft

Highlights

  • Fitness Center
  • Property is near public transit
  • Elevator
  • Peirce Elementary School Rated A-
  • Wood Flooring
  • Bay Window

About This Home

Located in the sought-after Arlington Heights neighborhood, this beautifully updated condominium is part of the highly desirable Watermill Place community. Freshly painted and featuring brand new hardwood floors, the home offers a bright, open-concept living and dining area accented by a charming bay window that fills the space with natural light. The spacious bedroom includes an en-suite bath and generous closet space, while a convenient half bath off the hallway adds additional comfort for guests. Additional highlights include in-unit laundry, nearby same-floor storage, and deeded garage parking for added ease. Residents of Watermill Place enjoy a welcoming, well-maintained community with easy access to the Minuteman Bike Path, public transportation, and the many shops, restaurants, and cafes along Massachusetts Avenue. Offering a wonderful combination of comfort, location, and convenience, this lovely home is ideal for anyone looking to enjoy all that Arlington Heights has to offer.

Listing Agent

Chetna Bhardwaj

Compass Listed on: 10/24/2025

Compass

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,733

Year Built

  • Built in 1988

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 722 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Wood Flooring
  • Intercom
  • Laundry on upper level
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • Bathtub with Shower

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:058.C B:0001 L:0308,323053

Community Details

Overview

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

Amenities

  • Shops
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,733

Year Built

Built in 1988

Lot Details

0

HOA Fees

$458 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Entry Level: 3
  • Year Built Details: Actual
  • Special Features: OpenHouse
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Above Grade Finished Sq Ft: 722
  • Living Area: 722
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Carport, Deeded, Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center
  • Association Fee: 458
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Bike Path
  • Senior Community YN: No

Fee Information

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

Lot Info

  • Parcel Number: M:058.C B:0001 L:0308,323053
  • Zoning: R7
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4733

Multi Family

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

Map

About Watermill Place

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,733 $439,500 $0 $439,500
2024 $4,277 $403,900 $0 $403,900
2023 $4,315 $384,900 $0 $384,900
2022 $4,283 $375,000 $0 $375,000
2021 $4,196 $370,000 $0 $370,000
2020 $3,983 $360,100 $0 $360,100
2019 $3,804 $337,800 $0 $337,800
2018 $3,434 $283,100 $0 $283,100
2017 $3,327 $264,900 $0 $264,900
2016 $3,391 $264,900 $0 $264,900
2015 $3,270 $241,300 $0 $241,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $510,000 +18.6% $706 / Sq Ft
10/03/2022 10/03/22 Sold $430,000 +0.2% $596 / Sq Ft View Prior Sale
08/12/2022 08/12/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $429,000 -2.3% $594 / Sq Ft
07/22/2022 07/22/22 Price Changed $439,000 -2.2% $608 / Sq Ft
07/06/2022 07/06/22 For Sale $449,000 +15.7% $622 / Sq Ft
02/20/2020 02/20/20 Sold $388,000 +0.8% $537 / Sq Ft View Prior Sale
01/16/2020 01/16/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $385,000 -- $533 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Condominium Deed $430,000 None Available
Not Resolvable $388,000 None Available
Deed $253,000 --
Deed $132,900 --
Deed $123,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,000 Purchase Money Mortgage
Previous Owner $323,000 New Conventional
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73447601

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000308

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 Watermill Place Unit 308, Arlington, MA

This home is located at 1 Watermill Place Unit 308, Arlington, MA 02476 and is currently priced at $510,000, approximately $706 per square foot. This property was built in 1988. 1 Watermill Place Unit 308 is a home located in Middlesex County with nearby schools including Peirce Elementary School, Ottoson Middle School, and Arlington High School.

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MLS Property Information Network (MLS PIN) 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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Listing Agent
Chetna Bhardwaj
Section Image
Compass