37 Fountain Rd Arlington, MA 02476
Arlington Heights NeighborhoodEstimated payment $13,551/month
Highlights
- Property is near public transit
- Wood Flooring
- Sun or Florida Room
- Brackett Elementary School Rated A
- Loft
- Mud Room
About This Home
Amazing Arlington Heights multi-family home with skyline views and a new stand-alone ADU! This incredible investment opportunity is located in a highly desirable neighborhood of Arlington Heights. This beautifully maintained multi-family residence features original hardwood floors, rich wood trim, and an abundance of natural light, among other amenities. Enjoy skyline views from the top-floor balcony, along with added value from a brand-new detached ADU showcasing a stylish loft layout, one bedroom, and one and a half baths—perfect for in-laws, an au pair, or rental income. Ideal for investors or owner-occupants, this turnkey property is situated on a quiet street and is easily rentable in Arlington’s hot market. It's a versatile home with strong income potential and lasting value!
Co-Listing Agent
Tania Boris
Shilalis Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,803
Year Built
- Built in 1912
Lot Details
- 6,750 Sq Ft Lot
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Mud Room
- Family Room
- Living Room
- Dining Room
- Home Office
- Loft
- Sun or Florida Room
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Block Basement Construction
Parking
- 8 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Dallin\Brackett Elementary School
- Ottoson Middle School
- Arlington High School
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 329791
Community Details
Overview
- 3 Units
- Property has 2 Levels
Recreation
- Park
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,803 | $1,188,800 | $622,500 | $566,300 |
| 2024 | $11,874 | $1,121,200 | $597,600 | $523,600 |
| 2023 | $12,164 | $1,085,100 | $522,900 | $562,200 |
| 2022 | $12,050 | $1,055,200 | $498,000 | $557,200 |
| 2021 | $11,681 | $1,030,100 | $498,000 | $532,100 |
| 2020 | $11,393 | $1,030,100 | $498,000 | $532,100 |
| 2019 | $9,919 | $880,900 | $466,900 | $414,000 |
| 2018 | $9,704 | $800,000 | $386,000 | $414,000 |
| 2017 | $9,338 | $743,500 | $354,800 | $388,700 |
| 2016 | $9,119 | $712,400 | $323,700 | $388,700 |
| 2015 | $9,011 | $665,000 | $317,500 | $347,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $2,224,000 | -- | $501 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,000 | Balloon | |
| Open | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $296,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $174,000 | No Value Available | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $335,000 | No Value Available | |
| Previous Owner | $250,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73381494
APN: ARLI-000151-000004-000019
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