NOT LISTED FOR SALE

Watermill Place 1 Watermill Place Unit 504 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $431,789 - $534,000

1 Bed
1.5 Baths
654 Sq Ft
1988 Built

Last Sold April 29, 2019

Last sale price $353,000 $540 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,161/month

53 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Property is near public transit
  • Peirce Elementary School Rated A-
  • Waterfront
  • Main Floor Primary Bedroom

About This Home

As of April 2019

Beautiful penthouse unit in a brick, elevator building in a convenient Arlington Heights location. This one bedroom unit is the perfect spot for a professional working in Cambridge or a retiree seeking to downsize from a larger home. Carport parking, a first floor gym, and a pleasant outdoor garden area complement the convenience of the location and the comfort of the living space. Enjoy the updated kitchen and the convenience of the in unit laundry and separate storage space located on the same floor as the unit. The bedroom includes two closet areas and picturesque views of Arlington. The living room, with its Juliet balcony, provides a great space for entertaining or simply resting and relaxing with family and friends. Great space, location, and value. Come and see!

Last Listed By

Mark O'Donnell

William Raveis R.E. & Home Services Listed on: 02/07/2019

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Waterfront
  • No Units Above
  • Garden

Parking

  • 1 Car Garage
  • Carport
  • Off-Street Parking

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:058.C B:0001 L:0504,323017

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 130 Units
  • Mid-Rise Condominium
  • Watermill Place Condominium Community

Amenities

  • Shops
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Park
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,417

Year Built

Built in 1988 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 5
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet, Laminate
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 156
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Laminate, Countertops - Upgraded, Remodeled
  • Room Kitchen Area: 81
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 195
  • Room Living Room Features: Flooring - Wall to Wall Carpet
  • Living Area: 654
  • Stories Total: 1
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 588.69
  • PRICE PER Sq Ft: 539.76
  • MAIN SO: B92101

Exterior Features

  • Exterior Features: Garden
  • Common Walls: No One Above
  • Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s), Fitness Center, Storage
  • Association Fee: 377
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access
  • UNIT BUILDING: 504
  • MANAGEMENT: Professional - Off Site

Fee Information

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

Lot Info

  • Parcel Number: M:058.C B:0001 L:0504,323017
  • Zoning: R7
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 232

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3417
  • Tax Book Number: 49460

Multi Family

  • Number Of Units Total: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 19, 2019
Sold by
Roddy Kristina
Bought by
Cheung So O
Seller's Agent
Mark O'Donnell
William Raveis R.E. & Home Services
Buyer's Agent
Cindy Wu
Century 21 North East
List Price
$395,000
Sold Price
$353,000
Premium/Discount to List
-$42,000
-10.63%
Total Days on Market
53
Current Estimated Value
$497,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,447
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
May 17, 2007
Sold by
Gioiosa Richard
Bought by
Roddy Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,850
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Cheung So O $353,000 --
Roddy Kristina $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roddy Kristina $210,000
Previous Owner Roddy Kristina $249,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $353,000 -8.3% $540 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $385,000 -2.5% $589 / Sq Ft
02/07/2019 02/07/19 For Sale $395,000 -- $604 / 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 $4,683 $434,800 $0 $434,800
2024 $4,218 $398,300 $0 $398,300
2023 $4,256 $379,700 $0 $379,700
2022 $4,227 $370,100 $0 $370,100
2021 $4,144 $365,400 $0 $365,400
2020 $3,935 $355,800 $0 $355,800
2019 $3,765 $334,400 $0 $334,400
2018 $3,417 $281,700 $0 $281,700
2017 $3,317 $264,100 $0 $264,100
2016 $3,380 $264,100 $0 $264,100
2015 $3,270 $241,300 $0 $241,300
Source: Public Records

Agents Affiliated with this Home

  • Mark O'Donnell

    Seller's Agent in 2019

    Mark O'Donnell

    William Raveis R.E. & Home Services

    (617) 733-5464

    46 Total Sales

    Mark O'Donnell
    Section Image
  • Cindy Wu

    Buyer's Agent in 2019

    Cindy Wu

    Century 21 North East

    (781) 492-8188

    27 Total Sales

    Cindy Wu
    Section Image
See All Agents

About Watermill Place

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72450423

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000504

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 Watermill Place Unit 504, Arlington, MA

Homes for Sale in Arlington, MA

This home is located at 1 Watermill Place Unit 504, Arlington, MA 02476 since 07 February 2019 and is currently estimated at $497,447, approximately $760 per square foot. This property was built in 1988. 1 Watermill Place Unit 504 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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