NOT LISTED FOR SALE

Watermill Place 1 Watermill Place Unit 520 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $622,229 - $703,000

2 Beds
2 Baths
1,083 Sq Ft
1988 Built

Last Sold October 20, 2017

Last sale price $499,000 $461 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,262/month

7 Days on Market

About This Home

As of October 2017

Terrific penthouse two-bedroom corner unit in sought-after Watermill Place. Flexible, open-plan area for living and dining, with glass doors to let in the fresh air. All rooms features large picture windows with beautiful tree-top views—watch the brilliant colors emerge this fall! This fully carpeted unit is in great condition with a recently updated heating system and kitchen appliances (all 2015). Master bedroom has en-suite bathroom and three large closets. Second bedroom has two separate closets and a sweet reading nook. Covered parking space #22 directly under the building. In-unit laundry and private storage on the same floor as the unit. Watermill Place is a well-maintained elevator building with a beautiful common yard and patio. Minutes from shops and restaurants, public transportation, and Route 2, and don't forget private, direct access to the Minuteman Bike Path! Top floor units don't come on the market often—a great unit.

Last Listed By

Liz & Ellie Real Estate

Compass Listed on: 09/13/2017

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,689

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Top/Penthouse, Corner
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access
  • Flooring: Tile, Wall to Wall Carpet
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Bathroom - Full, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Living Levels: 1
  • Main Lo: AN2383
  • Main So: M59500

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Watermill Place Condominium
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal, Garden Area
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 130
  • Unit Building: 520

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Pierce
  • Middle School: Ottoson
  • High School: Arlington

Lot Info

  • Zoning: R7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 20, 2017
Sold by
White Claire E
Bought by
Shawna H Yen T
Seller's Agent
Liz & Ellie Real Estate
Compass
Buyer's Agent
Diamond Hayes
William Raveis R.E. & Home Services
List Price
$499,000
Sold Price
$499,000
Total Days on Market
7
Current Estimated Value
$665,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,057
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Jul 31, 2009
Sold by
L & M Rt and Mckenna Heidi
Bought by
White Claire E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,400
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Nelson Robert J
Bought by
L & M Rt and Mckenna Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Shawna H Yen T $499,000 --
White Claire E $312,000 --
L & M Rt $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Claire E $296,400
Previous Owner L & M Rt $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $499,000 0.0% $461 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $499,000 0.0% $461 / Sq Ft
09/01/2015 09/01/15 Rented $2,100 -6.7% --
08/27/2015 08/27/15 Under Contract -- -- --
07/28/2015 07/28/15 For Rent $2,250 -- --
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 $6,689 $621,100 $0 $621,100
2024 $6,108 $576,800 $0 $576,800
2023 $6,192 $552,400 $0 $552,400
2022 $6,141 $537,700 $0 $537,700
2021 $6,015 $530,400 $0 $530,400
2020 $5,704 $515,700 $0 $515,700
2019 $5,428 $482,100 $0 $482,100
2018 $4,863 $400,900 $0 $400,900
2017 $4,696 $373,900 $0 $373,900
2016 $4,786 $373,900 $0 $373,900
2015 $4,596 $339,200 $0 $339,200
Source: Public Records

Agents Affiliated with this Home

  • Liz & Ellie Real Estate

    Seller's Agent in 2017

    Liz & Ellie Real Estate

    Compass

    (617) 444-9644

    5 in this area

    110 Total Sales

    Liz & Ellie Real Estate
    Section Image
  • Diamond Hayes

    Buyer's Agent in 2017

    Diamond Hayes

    William Raveis R.E. & Home Services

    (617) 899-1752

    1 in this area

    26 Total Sales

    Diamond Hayes
    Section Image
See All Agents

About Watermill Place

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72228208

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000520

Massachusetts Middlesex County Arlington 02476 Arlington Heights

1 Watermill Place Unit 520, Arlington, MA

Homes for Sale in Arlington, MA

This home is located at 1 Watermill Place Unit 520, Arlington, MA 02476 since 13 September 2017 and is currently estimated at $665,057, approximately $614 per square foot. This property was built in 1988. 1 Watermill Place Unit 520 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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