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12 Pond Lane # 31, Arlington MA 02474

Arlington, MA 02474
$501,000
Est. $3,617/month
2
Beds
1.5
Baths
926
Sq Ft
$541
Price/Sq Ft
1972
Year Built
5
Days on Market
Closed Listed Aug 14, 2024 • MLS# 73277702 Copied!

About this home

Located in the coveted Spy Pond area, this 926-square-foot corner unit offers picturesque treetop views from the private balcony. The bright & immaculate interior features several recent improvements, open floor plan w/2 bedrooms and 1.5 baths. The kitchen has been tastefully remodeled with granite countertops, white painted cabinets, modern appliances complemented by tile flooring and a wall opening into the dining area. Both baths have received partial updates enhancing the overall appeal. Situated in an elevator building, amenities include a convenient laundry room and private storage. The condo fee covers heat and hot water, adding to the property's convenience.The location is unparalleled, just steps from Spy Pond, playground/park, and the bike path. Arlington Center's vibrant restaurants and shops are within easy reach, as well as proximity to Alewife T Station for effortless commuting. This condo promises comfort and convenience in one of Arlington's more desirable locations.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
926 sq ft
Total Rooms
4
Stories
1
Entry Level
3
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $473,000
Final Sale Price: $501,000
Difference: +$28,000 (+5.9%)
Performance Metrics
105.9%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $511
Sale $/sq ft: $541
This property sold for $541 per square foot
Sale Summary

This property sold for 5.9% 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
$541/sq ft
Area Average
$385/sq ft
Difference
+40.5%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 926 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Baseboard, Oil
Cooling Wall Unit(s)
Flooring Tile, Carpet, Parquet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Building
Features Elevator

Exterior

Construction See Remarks
Architecture None
Roof Tar/gravel
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded, Guest
Total Spaces 1

Utilities

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

Financial

Annual Tax $5,140
Assessed Value $485,400

Interior Features

Flooring: Tile, Carpet, Parquet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Elevator
Windows: Insulated Windows
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1972
Structure Type: Mid-Rise
Exterior Materials: See Remarks
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded, Guest

Location

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Neighborhood

12 Pond Lane # 31, 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
St. Agnes Elementary School
0.3 mi
Grades K-08
Arlington Children's Center
0.5 mi
Grades PK-K
Menotomy Preschool
0.5 mi
100 students Very Diverse
Diverse Student Body
Grades PK
M

Middle Schools

3 schools
A+
Gibbs School
0.2 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
A+
Belmont Middle School
1.4 mi | #15 of 352 | Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students Diverse
Strong Attendance
Grades 07-08
A+
Ottoson Middle School
1.5 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
H

High Schools

3 schools
Arlington Catholic High School
0.3 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
Le Sallay Studies
0.9 mi
Grades 06-12
A+
Belmont High School
1.6 mi | #10 of 346 | Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum 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 $428
Homeowners Insurance $200
HOA Fee $456/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

5.6%
Price Range
6
Total Days on Market

Property Timeline

Sold
Oct 4, 2024
$501,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Aug 14, 2024
$473,000
Original listing
Agent: Judith Moore Office: Barrett Sotheby's International Realty

Price & Status History

Date Event Price Change
Aug 14, 2024 New Listing Added $473,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$541

Tax History

Year Taxes Assessment
2024 $5,140 $485,400

Financial Details

Annual Property Tax
$5,140
Tax Year 2024
HOA Fee
$456
Monthly
Assessed Value
$485,400

Listing Information

Listing Agent Judith Moore
Listing Office Barrett Sotheby's International Realty
Agent MLS ID B0485218
Office MLS ID AN3160
Listing Data Updated Oct 7, 2024 3:12 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Arlington, MA

Real-time market trends and pricing data for this area

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