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1 Watermill Place # 128, Arlington MA 02474

Arlington, MA 02474
$440,000
Est. $3,258/month
1
Beds
1.5
Baths
812
Sq Ft
$542
Price/Sq Ft
1988
Year Built
6
Days on Market
Closed Listed Apr 24, 2024 • MLS# 73228095 Copied!

About this home

Don’t miss one of the largest 1 bedroom, 1 and ½ bath Condominiums in the Watermill community with over 800+ sq ft. overlooking the Minuteman Bike Trail and the Mill Brook.The kitchen provides plenty of cabinet and prep space.The open concept living room and dining room combination, with multiple windows, brings the outside in with stunning natural light.The good sized primary bedroom boasts generous closet space and en suite.This home offers a new heat and AC unit ( 2023 ), deeded garage parking ( #166 ), extra storage (# 128) in unit laundry, visitor parking, elevators and an on site fitness center. A professionally managened building with many updates including roof, brick repointing, doors and windows. Close to shops, restaurants, public transporation and the Minuteman Bike Trail. See it today.

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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
812 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $459,000
Final Sale Price: $440,000
Difference: $19,000 (-4.1%)
Performance Metrics
95.9%
List to Sale Ratio
Sold below asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $565
Sale $/sq ft: $542
This property sold for $542 per square foot
Sale Summary

This property sold for 4.1% below the original asking price.

With only 6 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
$542/sq ft
Area Average
$481/sq ft
Difference
+12.6%

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 812 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Heat Pump, Electric, Unit Control
Cooling Central Air, Heat Pump, Unit Control
Flooring Carpet
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Washer Hookup, First Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Deeded, Off Street
Total Spaces 1

Utilities

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

Financial

Annual Tax $4,448
Assessed Value $420,000

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Washer Hookup, First Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1988
Effective Year (Renovated): 1988
Structure Type: High-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Garage Door Opener, Storage, Deeded, Off Street

Location

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Neighborhood

1 Watermill Place # 128, Arlington MA 02474

Arlington, MA 02474

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 $371
Homeowners Insurance $200
HOA Fee $462/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

4.1%
Price Range
7
Total Days on Market

Property Timeline

Sold
May 20, 2024
$440,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 24, 2024
$459,000
Original listing
Agent: Team Murray Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Apr 24, 2024 New Listing Added $459,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$542

Tax History

Year Taxes Assessment
2024 $4,448 $420,000

Financial Details

Annual Property Tax
$4,448
Tax Year 2024
HOA Fee
$462
Monthly
Assessed Value
$420,000

Listing Information

Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM345074
Office MLS ID AN6101
Listing Data Updated May 20, 2024 2:44 PM EDT
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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