NOT LISTED FOR SALE

4 Colonial Village Dr Unit 8 Arlington, MA 02474

Arlington Heights Neighborhood

Estimated Value: $365,000 - $436,000

2 Beds
1 Bath
662 Sq Ft
$601/mo HOA Fee

Last Sold December 29, 2022

Last sale price $329,000 $497 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,951/month

11 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Landscaped Professionally
  • Peirce Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to Arlington Reservoir

About This Home

As of December 2022

Lifestyle & location align to offer this urban oasis where a 5 minute stroll will land you in "The Heights", at the new Reservoir Beach/playground or on the Minuteman bike-path. If you desire an active way of living you'll love that just beyond the path are many multicultural restaurants, cafes & shops + you can hop on the 77 bus to Alewife T/Cambridge & be in Boston in minutes. If driving is more your style then good news - this gem includes 2 parking spots (187&186). With a view of the courtyard & in-ground pool, this turnkey 2 bedroom condo offers a chance to hit the easy button! An open floor plan blends form & function to feature an updated kitchen, dining area which flows into the spacious living room, 2 roomy bedrooms w/great closets, a fully tiled bath + a linen closet . Interior updates include newer windows, updated kitchen & pergo-style flooring throughout. Budgeting is a snap since heat, hot water, maintenance & professional management are all included in the monthly fee!

Last Agent to Sell the Property

Julie Gibson

Gibson Sotheby's International Realty Listed on: 11/22/2022

Gibson Sotheby's International Realty

Co-Listed By

Anna Slane

Gibson Sotheby's International Realty

Last Buyer's Agent

Tom DeCarlo

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $601 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Dining Area
  • Basement
  • Laundry in Basement
  • Intercom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Assigned Parking

Pool

  • In Ground Pool

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Peirce Elementary School
  • Gibbs/Ottoson Middle School
  • Arlington High School

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 3 Heating Zones
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:061.A B:0004 L:0008,323319

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 144 Units
  • Low-Rise Condominium
  • Colonial Village Community
  • Near Conservation Area

Amenities

  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,057

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$601 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1962
  • Entry Level: 2
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Laminate
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Room Dining Room Features: Flooring - Laminate, Open Floorplan
  • Room Dining Room Level: Second
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Vinyl, Dining Area, Open Floorplan, Remodeled
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Laminate, Open Floorplan
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 662
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: BB5918
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Professional Landscaping
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Rubber
  • Waterfront Features: Beach Front, Other (See Remarks), 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Assigned, Driveway, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Individual
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool
  • Association Fee: 601
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:061.A B:0004 L:0008,323319
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3057

Multi Family

  • Number Of Units Total: 144
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Arlington High
  • Elementary School: Peirce
  • Middle Or Junior School: Gibbs/Ottoson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 28, 2022
Sold by
Xie Chao and Yan Mingli
Bought by
Neupane Rajkumar and Regmi Sabitra
Seller's Agent
Julie Gibson
Gibson Sotheby's International Realty
Buyer's Agent
Tom DeCarlo
Real Broker MA, LLC
List Price
$329,000
Sold Price
$329,000
Views
77
Current Estimated Value
$391,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,859
Avg. Annual Appreciation
6.13%
Original Mortgage
$299,682
Outstanding Balance
$289,796
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,063

Purchase Details

Closed on
Jan 27, 2011
Sold by
Cooper Richard R and Noble Mary E
Bought by
Xie Chao and Yan Mingli
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Neupane Rajkumar $329,000 None Available
Neupane Rajkumar $329,000 None Available
Xie Chao $132,000 --
Xie Chao $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neupane Rajkumar $299,682
Closed Neupane Rajkumar $299,682
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $329,000 0.0% $497 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $329,000 0.0% $497 / Sq Ft
01/21/2013 01/21/13 Rented $1,300 -3.7% --
01/21/2013 01/21/13 For Rent $1,350 -- --
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 $3,440 $319,400 $0 $319,400
2024 $3,036 $286,700 $0 $286,700
2023 $3,085 $275,200 $0 $275,200
2022 $3,057 $267,700 $0 $267,700
2021 $2,993 $263,900 $0 $263,900
2020 $2,836 $256,400 $0 $256,400
2019 $2,633 $233,800 $0 $233,800
2018 $2,342 $193,100 $0 $193,100
2017 $2,255 $179,500 $0 $179,500
2016 $2,252 $175,900 $0 $175,900
2015 $2,095 $154,600 $0 $154,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73060325

MLS Property Information Network (MLS PIN)

APN: ARLI-000061A-000004-000008