Seller's Agent in 2025
Steve McKenna
Gibson Sotheby's International Realty
(781) 645-0505
163 in this area
518 Total Sales
Watermill Place 1 Watermill Place Unit 320 Floor 3 Arlington, MA 02476
Arlington Heights Neighborhood
1
Bed
1.5
Baths
855
Sq Ft
$548/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Property is near public transit
- Peirce Elementary School Rated A-
- Landscaped Professionally
- Main Floor Primary Bedroom
About This Home
As of October 2025NEW PRICE! This charming one-bedroom condominium at the highly desirable Watermill Place blends convenience with comfort. Enjoy direct access to the Minuteman Bike Trail and easy proximity to Arlington Heights village, where you’ll find fun restaurants, shops, and access to transportation. The bright, open living space features large windows offering serene views of the bike trail, while the spacious bedroom includes an en-suite bath. A guest half bath adds to the convenience and makes this home perfect for both entertaining and working from home and has amazing closet space! Watermill place also boasts an exercise room, picturesque views of the brook, the historic Mill building, and beautifully landscaped gardens. Additional perks include in-unit laundry, extra storage space on the same floor as the unit, covered parking. Whether you're a first-time home buyer, or downsizing, or simply hoping to keep a pied-a-terre in town, this is a wonderful place to make your new home.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 04/04/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,060
Year Built
- Built in 1988 | Remodeled
HOA Fees
- $548 Monthly HOA Fees
Parking
- 1 Car Garage
- Carport
- Off-Street Parking
- Deeded Parking
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
- Frame Construction
- Rubber Roof
Interior Spaces
- 855 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Insulated Windows
- Bay Window
- Window Screens
Kitchen
- Range
- Dishwasher
- Upgraded Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Linen Closet
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Pierce Elementary School
- Gibbs/Ottoson Middle School
- AHS High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Hot Water Heating System
- Cable TV Available
Additional Features
- Landscaped Professionally
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 323081
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
- Common Area
- Shops
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
Oct 9, 2025
Sold by
Henize Beatrix
Bought by
Chang Myongjoon
Seller's Agent
Steve McKenna
Gibson Sotheby's International Realty
Buyer's Agent
Alexis Gratta
Conway - Dorchester
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Views
177
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.34%
Original Mortgage
$329,000
Outstanding Balance
$328,681
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$155,825
Purchase Details
Listed on
Sep 5, 2017
Closed on
Mar 30, 2018
Sold by
Mehta Shishir
Bought by
Henize Beatrix
Seller's Agent
Geoffrey Smith
GPS Real Estate, LLC
Buyer's Agent
Rambaud & Guardi Real Estate Team
Compass
List Price
$429,900
Sold Price
$385,000
Premium/Discount to List
-$44,900
-10.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Sep 19, 1997
Sold by
Samels Eileen M
Bought by
Mehta Shishir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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 | $470,000 | -- | |
| Quit Claim Deed | $385,000 | -- | |
| Deed | $116,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $329,000 | New Conventional | |
| Previous Owner | $104,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/09/2025 10/09/25 | Sold | $470,000 | -1.9% | $550 / Sq Ft | |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- | |
| 08/05/2025 08/05/25 | Price Changed | $479,000 | -2.0% | $560 / Sq Ft | |
| 07/21/2025 07/21/25 | For Sale | $489,000 | 0.0% | $572 / Sq Ft | |
| 06/13/2025 06/13/25 | Pending | -- | -- | -- | |
| 04/22/2025 04/22/25 | Price Changed | $489,000 | -3.9% | $572 / Sq Ft | |
| 04/04/2025 04/04/25 | For Sale | $509,000 | +32.2% | $595 / Sq Ft | |
| 03/30/2018 03/30/18 | Sold | $385,000 | -10.4% | $450 / Sq Ft | View Prior Sale |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- | |
| 01/23/2018 01/23/18 | For Sale | $429,900 | +11.7% | $503 / Sq Ft | |
| 10/31/2017 10/31/17 | Off Market | $385,000 | -- | -- | |
| 10/02/2017 10/02/17 | Price Changed | $419,900 | -3.4% | $491 / Sq Ft | |
| 09/19/2017 09/19/17 | Price Changed | $434,900 | -3.3% | $509 / Sq Ft | |
| 09/05/2017 09/05/17 | For Sale | $449,900 | -- | $526 / 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 | $5,002 | $464,400 | $0 | $464,400 |
| 2024 | $4,529 | $427,700 | $0 | $427,700 |
| 2023 | $4,573 | $407,900 | $0 | $407,900 |
| 2022 | $4,537 | $397,300 | $0 | $397,300 |
| 2021 | $4,445 | $392,000 | $0 | $392,000 |
| 2020 | $4,218 | $381,400 | $0 | $381,400 |
| 2019 | $4,024 | $357,400 | $0 | $357,400 |
| 2018 | $3,627 | $299,000 | $0 | $299,000 |
| 2017 | $3,595 | $286,200 | $0 | $286,200 |
| 2016 | $3,663 | $286,200 | $0 | $286,200 |
| 2015 | $3,537 | $261,000 | $0 | $261,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steve McKenna
-
Anne Marie Kelly
Seller Co-Listing Agent in 2025
Anne Marie Kelly
Gibson Sotheby's International Realty
(617) 922-4183
5 in this area
20 Total Sales
-
Alexis Gratta
Buyer's Agent in 2025
Alexis Gratta
Conway - Dorchester
(617) 750-6002
1 in this area
4 Total Sales
-
Geoffrey Smith
Seller's Agent in 2018
Geoffrey Smith
GPS Real Estate, LLC
(617) 908-5118
21 Total Sales
-
Rambaud & Guardi Real Estate Team
R
Buyer's Agent in 2018
Rambaud & Guardi Real Estate Team
Compass
(617) 218-7641
108 Total Sales
About Watermill Place
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73355123
APN: ARLI-000058C-000001-000320
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