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1 Watermill Pl # 209, Arlington MA 02476

Arlington, MA 02476
$540,000
Est. $3,799/month
1
Beds
1.5
Baths
791
Sq Ft
$683
Price/Sq Ft
1988
Year Built
5
Days on Market
Closed Listed Dec 11, 2024 • MLS# 73319193 Copied!

About this home

Enjoy the stress-free living at Watermill Place in one of the most beautifully renovated (and partially furnished) second floor one bedroom, 1.5 bath units. This particular unit is located in the "Tree House" section and is loaded with windows facing the vast greenery, babbling brook and the Historic Old Schwamb Mill. We have an open floor plan with an updated kitchen boasting bamboo cabinets, quartz counter tops, stainless steel appliances, Italian tile flooring and loads of storage/food prep areas. The BR has Brazilian walnut flooring to match the LR and double door closet. There is an in-unit washer/dryer and car-port parking. This condo has a recently replaced electric heat pump (with AC) system, kitchen appliances, windows, walk-in shower and under-cabinet lighting. New Roof. Common areas include exercise room, gathering areas, outdoor patios and benches, and mailroom. Close to public transportation, stores and restaurants, and shopping - adjacent to the Minuteman path.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
791 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $529,000
Final Sale Price: $540,000
Difference: +$11,000 (+2.1%)
Performance Metrics
102.1%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $669
Sale $/sq ft: $683
This property sold for $683 per square foot
Sale Summary

This property sold for 2.1% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$683/sq ft
Area Average
$481/sq ft
Difference
+41.9%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 791 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Electric
Cooling Central Air, Heat Pump
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Unit
Features Internet Available - Unknown

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features Balcony, Screens
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Carport, Off Street, Assigned, Guest, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $4,408
Assessed Value $416,200

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Unknown
Windows: Insulated Windows, Screens
Basement: Y
Laundry: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Unit
Security:

Construction & Materials

Year Built: 1988
Structure Type: Mid-Rise
Exterior Materials:
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 1
Cooling: Central Air, Heat Pump
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Screens
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Carport, Off Street, Assigned, Guest, Paved

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

1 Watermill Pl # 209, Arlington MA 02476

Arlington, MA 02476

Walkability

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Nearby Schools

School District
Arlington School District local
A+
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

3 schools
Arlington Heights Nursery School
0.2 mi
Grades PK
A+
Peirce School
0.3 mi | #57 of 824 | Score: 61.8
Dropped 23 spots from last year
+3.6 above state avg
318 students Diverse
Grades K-05
A-
M. Norcross Stratton Elementary School
0.7 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
A+
Ottoson Middle School
0.3 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
A+
Gibbs School
2.0 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students Diverse
Strong Attendance
Grades 06
H

High Schools

3 schools
Lexington Christian Academy
1.0 mi
Grades 06-12
Belmont Hill School
1.3 mi
Grades 07-12
Arlington Catholic High School
1.6 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $367
Homeowners Insurance $200
HOA Fee $501/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2%
Price Range
6
Total Days on Market

Property Timeline

Sold
Feb 14, 2025
$540,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Dec 11, 2024
$529,000
Original listing
Agent: Anne Mahon Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Dec 11, 2024 New Listing Added $529,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$683

Tax History

Year Taxes Assessment
2024 $4,408 $416,200

Financial Details

Annual Property Tax
$4,408
Tax Year 2024
HOA Fee
$501
Monthly
Assessed Value
$416,200

Listing Information

Listing Agent Anne Mahon
Listing Office Leading Edge Real Estate
Agent MLS ID CT004350
Office MLS ID AN4638
Listing Data Updated Feb 24, 2025 10:27 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Arlington, MA

Real-time market trends and pricing data for this area

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