NOT LISTED FOR SALE

Watermill Place 1 Watermill Place Unit 309 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $519,205 - $599,000

1 Bed
1.5 Baths
791 Sq Ft
$492/mo HOA Fee

Last Sold April 12, 2023

Last sale price $475,000 $601 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,756/month

4 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Property is near public transit
  • Peirce Elementary School Rated A-
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of April 2023

Imagine a close-knit community where neighbors become friends & every amenity you need is just minutes from your doorstep - you've envisioned Watermill Place. A quick elevator ride up will land you in the bright & airy unit known as #309. An open-concept floor plan & hardwood floors create a seamless flow between the dining & nicely proportioned living room. Glass doors will draw your eye to a spectacularly green, tree-top view overlooking the Mill, bike-path & courtyard. Relax to the sound of the babbling brook in your bedroom retreat which features an en-suite bath + fantastic closet space. A refreshed kitchen w/SS appliances, 1/2 bath & new washer/dryer In UNIT complete this offering. All of this + exclusive covered parking, on-site gym + additional storage! The perfect union of light, layout & location, just steps from Arlington Heights cafes, shops & restaurants + the 77 bus to Cambridge. Professionally managed association, recent improvements incl roof/windows/doors/repointing.

Last Agent to Sell the Property

Julie Gibson

Gibson Sotheby's International Realty Listed on: 03/16/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Terry Falcone McCarthy

Coldwell Banker Realty - Belmont

Coldwell Banker Realty - Belmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Landscaped Professionally
  • Sprinkler System
  • Garden

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Open Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 791 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • French Doors
  • Intercom
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water

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
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:058.C B:0001 L:0309,323033

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
  • Near Conservation Area

Amenities

  • Common Area
  • Shops
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,414

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$492 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
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Bathroom
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Washer,Dryer, Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Main
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Main
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Breakfast Bar / Nook, Remodeled, Stainless Steel Appliances
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood, Balcony - Interior, French Doors, Open Floorplan
  • Basement: Y
  • Living Area: 791
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: BB5918
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Garden, Professional Landscaping, Sprinkler System
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved, Exclusive Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Storage
  • Association Fee: 492
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

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:0309,323033
  • 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: 2022
  • Tax Annual Amount: 4414

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jun 9, 2023
Sold by
Bayers William F and Drinkwater Mary A
Bought by
William F Bayers 2017 T F and William Bayers
Seller's Agent
Julie Gibson
Gibson Sotheby's International Realty
Buyer's Agent
Terry Falcone McCarthy
Coldwell Banker Realty - Belmont
List Price
$435,000
Sold Price
$475,000
Premium/Discount to List
$40,000
9.2%
Views
44
Current Estimated Value
$544,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,801
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Patel Sneha B
Bought by
Pressman Peggy E

Purchase Details

Closed on
Jan 31, 2007
Sold by
Ghaffari Soheil
Bought by
Patel Sneha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1998
Sold by
Fowler Deborah A
Bought by
Ghaffari Soheil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
William F Bayers 2017 T F -- None Available
Pressman Peggy E $276,000 --
Patel Sneha B $260,000 --
Ghaffari Soheil $133,000 --
Ghaffari Soheil $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Sneha B $208,000
Previous Owner Ghaffari Soheil $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $475,000 +9.2% $601 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $435,000 -- $550 / 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 $4,872 $452,400 $0 $452,400
2024 $4,408 $416,200 $0 $416,200
2023 $4,448 $396,800 $0 $396,800
2022 $4,414 $386,500 $0 $386,500
2021 $4,325 $381,400 $0 $381,400
2020 $4,104 $371,100 $0 $371,100
2019 $3,918 $348,000 $0 $348,000
2018 $3,533 $291,300 $0 $291,300
2017 $3,507 $279,200 $0 $279,200
2016 $3,574 $279,200 $0 $279,200
2015 $3,451 $254,700 $0 $254,700
Source: Public Records

Agents Affiliated with this Home

  • Julie Gibson

    Seller's Agent in 2023

    Julie Gibson

    Gibson Sotheby's International Realty

    (781) 771-5760

    92 in this area

    241 Total Sales

    Julie Gibson
    Section Image
  • Terry Falcone McCarthy

    Buyer's Agent in 2023

    Terry Falcone McCarthy

    Coldwell Banker Realty - Belmont

    (617) 435-2001

    10 in this area

    103 Total Sales

    Terry Falcone McCarthy
    Section Image
See All Agents

About Watermill Place

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73088282

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000309

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 Watermill Place Unit 309, Arlington, MA

Not Listed for Sale

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.

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.

Nearby Homes