NOT LISTED FOR SALE

Watermill Place 1 Watermill Place Unit 506 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $613,000 - $636,000

2 Beds
2 Baths
916 Sq Ft
1988 Built

Last Sold September 22, 2020

Last sale price $518,000 $566 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,004/month

3 Days on Market

Highlights

  • Tile Flooring
  • Peirce Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Sun splashed, fully renovated, top floor corner 2 bedroom 1 1/2 bath condo with elevator in building . Granite kitchen, owner’s suite with walk-in closet, washer/dryer in unit, central air conveniently located storage area and UNDERGROUND GARAGE PARKING ! Professionally managed building amenities include a fitness room, bicycle storage and visitor parking. Recent building improvements include: new windows, insulation and re-pointing (2020) and new roof (2015) Condo fee includes hot water and basic cable. Watermill Place is Arlington’s premier condominium residence and steps from public transportation, and the Minuteman Bikeway in historic Arlington Heights

Last Listed By

David White

OwnerEntry.com Listed on: 08/20/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,270

Year Built

  • Built in 1988

Parking

  • 1 Car Garage

Kitchen

  • Range Hood
  • Dishwasher
  • ENERGY STAR Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:058.C B:0001 L:0506

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,270

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Actual
  • List Price Per Sq Ft: 540.39
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Unit Building: 506
  • Unit Level: 5
  • Unit Placement: Street, Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Appliances: Dishwasher, Disposal, Vent Hood, Range - ENERGY STAR
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 4
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN3697
  • Main So: AN4870
  • Estimated Sq Ft: 916.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Parking Feature: Guest
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Heat Pump, Individual, Unit Control
  • Heating: Forced Air, Heat Pump, Electric, Individual, Unit Control
  • Utility Connections: for Electric Range, for Electric Oven, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping
  • HOA Fees: 492.00
  • Association Fee Includes: Hot Water, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom, TV Monitor
  • Management: Professional - On Site

Lot Info

  • Assessments: 482300.00
  • Page: 578
  • Parcel Number: M:058.C B:0001 L:0506
  • Zoning: R7

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 5334.00
  • Assessor Parcel Number: 323041

Multi Family

  • No Units: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 17, 2020
Sold by
Sreter Csalad Rt
Bought by
Donnelly Timothy G
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Bob Bittelari
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$495,000
Sold Price
$518,000
Premium/Discount to List
$23,000
4.65%
Total Days on Market
3
Current Estimated Value
$624,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,777
Avg. Annual Appreciation
4.10%
Original Mortgage
$362,600
Outstanding Balance
$324,863
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$299,914

Purchase Details

Closed on
Nov 9, 1993
Sold by
Madsen Carl S
Bought by
Sreter Csalad Rt and Sreter Albert J

Purchase Details

Closed on
Apr 24, 1990
Sold by
Watermill Prop Inc
Bought by
Madsen Carl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
10.21%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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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
Donnelly Timothy G $518,000 None Available
Sreter Csalad Rt $127,000 --
Madsen Carl S $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Timothy G $362,600
Previous Owner Streter Csalad Rt $750,000
Previous Owner Madsen Carl S $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $518,000 +4.6% $566 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $495,000 -- $540 / 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 $6,270 $582,200 $0 $582,200
2024 $5,713 $539,500 $0 $539,500
2023 $5,788 $516,300 $0 $516,300
2022 $5,741 $502,700 $0 $502,700
2021 $5,624 $495,900 $0 $495,900
2020 $5,334 $482,300 $0 $482,300
2019 $5,081 $451,200 $0 $451,200
2018 $4,561 $376,000 $0 $376,000
2017 $4,407 $350,900 $0 $350,900
2016 $4,492 $350,900 $0 $350,900
2015 $4,318 $318,700 $0 $318,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David White

    OwnerEntry.com

    (617) 345-9800

    2 in this area

    1,119 Total Sales

    David White
    Section Image
  • Bob Bittelari

    Buyer's Agent in 2020

    Bob Bittelari

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 454-9900

    8 in this area

    87 Total Sales

    Section Image
See All Agents

About Watermill Place

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72713539

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000506

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 Watermill Place Unit 506, Arlington, MA

Homes for Sale in Arlington, MA

This home is located at 1 Watermill Place Unit 506, Arlington, MA 02476 since 20 August 2020 and is currently estimated at $624,777, approximately $682 per square foot. This property was built in 1988. 1 Watermill Place Unit 506 is a home located in Middlesex County with nearby schools including Peirce Elementary School, Ottoson Middle School, and Arlington High School.

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.

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