NOT LISTED FOR SALE

1261 Massachusetts Ave Unit 2 Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $661,000 - $776,000

3 Beds
2 Baths
1,189 Sq Ft
1920 Built

Last Sold September 26, 2014

Last sale price $408,500 $344 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,265/month

27 Days on Market

About This Home

As of September 2014

Beautiful sun-filled 3+ bed, 2 bath condo located in desirable Arlington Heights neighborhood. Renovated in 2004, this condo features an open layout, hardwood floors throughout, high ceilings, granite counter tops and stainless steel appliances. Off the kitchen is laundry and access to the spacious, private rear deck. The master suite has a full bath and an office that could be used as a nursery or a large walk-in closet. This unit also comes with an additional storage space in the basement and two car tandem parking. A short walk to Trader Joe's, the Minuteman Bikeway, Arlington Reservoir Beach and all of the restaurants and shops that Arlington Heights has to offer. Catch the bus to Harvard Square or Alwife station for easy access to the redline.

Last Agent to Sell the Property

Shawn Flynn

The Dory Group Listed on: 08/06/2014

Last Buyer's Agent

Chris Young

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,813

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Hardwood, Pine
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 10X14
  • Bedroom 3: Second Floor, 10X10
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor, 14X11
  • Laundry Room: Second Floor
  • Living Room: Second Floor, 20X13
  • Master Bedroom: Second Floor, 14X10
  • Master Bedroom Description: Bathroom - Full, Closet, Flooring - Hardwood

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Deck - Wood, Gutters

Garage/Parking

  • Parking: Tandem, Deeded
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Condominium Name: JMARK Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Garden Area
  • Management: Owner Association
  • No Units: 3
  • Unit Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 26, 2014
Sold by
Krauze Joseph and Dimattia Maria P
Bought by
Pennarum Bodvael E and Pennarun Kristin A
Seller's Agent
Shawn Flynn
The Dory Group
Buyer's Agent
Chris Young
Compass
List Price
$399,900
Sold Price
$408,500
Premium/Discount to List
$8,600
2.15%
Current Estimated Value
$718,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,696
Avg. Annual Appreciation
5.17%
Original Mortgage
$345,950
Outstanding Balance
$265,416
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$452,780

Purchase Details

Closed on
Jun 26, 2007
Sold by
Traill Jeffrey P and Chisholm Kara A
Bought by
Dimattia Maria P and Krauze Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Nyberg Jonathan M and Roderick Mark
Bought by
Traill Jeffrey P and Chisholm Kara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pennarum Bodvael E $408,500 --
Dimattia Maria P $337,000 --
Traill Jeffrey P $363,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennarum Bodvael E $345,950
Previous Owner Dimattia Maria P $269,600
Previous Owner Traill Jeffrey P $292,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $408,500 0.0% $344 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/20/2014 08/20/14 Off Market $408,500 -- --
08/06/2014 08/06/14 For Sale $399,900 -- $336 / 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 $5,813 $539,700 $0 $539,700
2024 $5,455 $515,100 $0 $515,100
2023 $5,558 $495,800 $0 $495,800
2022 $5,510 $482,500 $0 $482,500
2021 $5,320 $469,100 $0 $469,100
2020 $5,114 $462,400 $0 $462,400
2019 $5,272 $468,200 $0 $468,200
2018 $5,044 $415,800 $0 $415,800
2017 $4,778 $380,400 $0 $380,400
2016 $4,869 $380,400 $0 $380,400
2015 $4,700 $346,900 $0 $346,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71725273

MLS Property Information Network (MLS PIN)

APN: ARLI-000165A-000006-000002