Watermill Place 1 Watermill Place Unit 527 Arlington, MA 02476
Arlington Heights Neighborhood
1
Bed
1.5
Baths
759
Sq Ft
$490/mo
HOA Fee
Highlights
- Fitness Center
- No Units Above
- Property is near public transit
- Peirce Elementary School Rated A-
- Deck
- Main Floor Primary Bedroom
About This Home
As of May 2025Spacious corner unit penthouse condominium Watermill Place! This is the signature 1br /1.5 ba unit in this landmark Arlington Heights building, featuring a south–facing wall of windows that drench its spacious living room and modern kitchen with beautiful sunlight. Recent updates include granite countertops and manufactured wood flooring; stainless steel appliances. The primary suite has its own full bathroom and the private roof deck is a perfect place to wind down or entertain. Covered parking; gorgeous common areas and landscaping; Fitness center
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 05/04/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,728
Year Built
- Built in 1988
HOA Fees
- $490 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Tuck Under Parking
Home Design
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 759 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Bathtub
Laundry
- Laundry on main level
- Electric Dryer Hookup
Utilities
- Central Air
- Heat Pump System
- Hot Water Heating System
- Electric Water Heater
Additional Features
- Deck
- No Units Above
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:058.C B:0001 L:0527,4407968
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 Condominium Community
Amenities
- Shops
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Apr 30, 2025
Sold by
Liegl Bernhard
Bought by
Lam Lui R
Seller's Agent
Amy Kirsch
Leading Edge Real Estate
Buyer's Agent
Dave Ledwig
Gibson Sotheby's International Realty
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.23%
Purchase Details
Listed on
May 11, 2018
Closed on
Jun 19, 2018
Sold by
Tracy Charles L
Bought by
Tong Zhen
Seller's Agent
Demeo Realty Group
Coldwell Banker Realty - Newton
Buyer's Agent
Jian Ping Ge
Stonebridge Realty
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$345,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2005
Sold by
Hoyte James S and Dinnall Norma I
Bought by
Tracy Charles L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 1991
Sold by
Engelberg Michael
Bought by
Kaldis Maria
Similar Homes in Arlington, MA
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 | $530,000 | None Available | |
| Condominium Deed | $530,000 | None Available | |
| Deed | $425,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | $310,000 | -- | |
| Deed | $310,000 | -- | |
| Deed | $135,000 | -- | |
| Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $392,000 | Purchase Money Mortgage | |
| Previous Owner | $332,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $337,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $75,000 | No Value Available | |
| Previous Owner | $215,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $262,006 | No Value Available | |
| Previous Owner | $248,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $530,000 | +6.2% | $698 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $499,000 | +1.8% | $657 / Sq Ft |
| 08/01/2022 08/01/22 | Sold | $490,000 | +2.1% | $646 / Sq Ft |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $479,900 | 0.0% | $632 / Sq Ft |
| 05/11/2022 05/11/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $479,900 | 0.0% | $632 / Sq Ft |
| 07/01/2021 07/01/21 | Rented | $2,100 | -4.5% | -- |
| 05/31/2021 05/31/21 | Under Contract | -- | -- | -- |
| 05/22/2021 05/22/21 | For Rent | $2,200 | 0.0% | -- |
| 06/19/2018 06/19/18 | Sold | $425,000 | -0.9% | $560 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 05/11/2018 05/11/18 | For Sale | $429,000 | -- | $565 / 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 | $5,201 | $482,900 | $0 | $482,900 |
| 2024 | $4,717 | $445,400 | $0 | $445,400 |
| 2023 | $4,765 | $425,100 | $0 | $425,100 |
| 2022 | $4,728 | $414,000 | $0 | $414,000 |
| 2021 | $4,631 | $408,400 | $0 | $408,400 |
| 2020 | $4,394 | $397,300 | $0 | $397,300 |
| 2019 | $3,864 | $343,200 | $0 | $343,200 |
| 2018 | $3,487 | $287,500 | $0 | $287,500 |
| 2017 | $3,463 | $275,700 | $0 | $275,700 |
| 2016 | $3,529 | $275,700 | $0 | $275,700 |
| 2015 | $3,409 | $251,600 | $0 | $251,600 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Kirsch
Seller's Agent in 2025
Amy Kirsch
Leading Edge Real Estate
(617) 306-9279
3 in this area
49 Total Sales
-
Dave Ledwig
Buyer's Agent in 2025
Dave Ledwig
Gibson Sotheby's International Realty
(781) 985-8750
11 in this area
54 Total Sales
-
Charles Ball
Seller's Agent in 2022
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 666-2121
1 in this area
64 Total Sales
-
Christine Ball
Seller Co-Listing Agent in 2022
Christine Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 893-0470
2 in this area
59 Total Sales
-
The Tabassi Team
Buyer's Agent in 2022
The Tabassi Team
RE/MAX
(978) 375-5834
7 in this area
541 Total Sales
-
Jian Ping Ge
Seller's Agent in 2021
Jian Ping Ge
Stonebridge Realty
(978) 846-7553
1 in this area
37 Total Sales
About Watermill Place
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72976634
APN: ARLI-000058C-000001-000527
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