NOT LISTED FOR SALE

Estimated Value: $486,282 - $533,000

1 Bed
2 Baths
703 Sq Ft
1988 Built

Last Sold June 26, 2017

Last sale price $400,000 $569 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,161/month

2 Days on Market

About This Home

As of June 2017

Conveniently located next to the Minuteman Bikeway is the highly desirable Watermill Place Condominium Complex, with easy access to Arlington Heights shops and restaurants, Routes 2 & 95, and public transportation to Alewife & Harvard. This sun-filled top floor one bedroom unit has had a face lift - with new stainless steel appliances and flooring in the kitchen, brand new Carrier HVAC system, new wall to wall carpeting and paint throughout, plus new vanity light fixtures in baths. Additional features include in-unit laundry (stackable unit), floor to ceiling greenhouse windows overlooking a beautifully landscaped courtyard, the quintessential “babbling brook” and the Old Schwamb Mill, a working mill still producing hand turned oval and circular wooden frames. Other amenities such as a deeded garage parking space, additional storage on the same floor and a common exercise room add value. New roof.

Last Agent to Sell the Property

Lynne Lowenstein

Advisors Living - Arlington Listed on: 06/03/2017

Advisors Living - Arlington

Last Buyer's Agent

Lance Greene

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,696

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Wood Laminate
  • Interior Amenities: Cable Available, Intercom
  • 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, Closet, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: NB9303

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Screens, Professional Landscaping
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Under, Garage Door Opener, Deeded
  • Garage Spaces: 1
  • Parking: Guest
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Condo/Co-op/Association

  • Condominium Name: Watermill Place
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Reserve Funds
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 130
  • Unit Building: 523

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Peirce
  • Middle School: Ottoson
  • High School: Ahs

Lot Info

  • Zoning: R7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Doyle Daniel K
Bought by
Kelly Kathleen E
Current Estimated Value
$508,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$307,302
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,282

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 26, 2017
Sold by
Howland Michael A
Bought by
Doyle Daniel K
Seller's Agent
Lynne Lowenstein
Advisors Living - Arlington
Buyer's Agent
Lance Greene
Compass
List Price
$349,000
Sold Price
$400,000
Premium/Discount to List
$51,000
14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Dec 24, 2015
Sold by
Howland David A
Bought by
Howland Michael A

Purchase Details

Closed on
Jul 14, 2006
Sold by
Macomber Chris W and Byer Debra L
Bought by
Howland David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,670
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Kozol Penny
Bought by
Macomber Chris W and Byer Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,200
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Kelly Kathleen E $425,000 None Available
Doyle Daniel K $400,000 --
Howland Michael A -- --
Howland David A $305,000 --
Macomber Chris W $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Kathleen E $340,000
Previous Owner Howland David A $258,670
Previous Owner Macomber Chris W $204,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2017 06/26/17 Sold $400,000 +14.6% $569 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $349,000 -- $496 / 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 $4,696 $436,000 $0 $436,000
2024 $4,241 $400,500 $0 $400,500
2023 $4,278 $381,600 $0 $381,600
2022 $4,246 $371,800 $0 $371,800
2021 $4,161 $366,900 $0 $366,900
2020 $3,950 $357,100 $0 $357,100
2019 $3,772 $335,000 $0 $335,000
2018 $3,406 $280,800 $0 $280,800
2017 $3,385 $269,500 $0 $269,500
2016 $3,450 $269,500 $0 $269,500
2015 $3,335 $246,100 $0 $246,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72175672

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000523