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5 Mystic Lake Drive # 5, Arlington MA 02474

Arlington, MA 02474
$1,363,000
4
Beds
4.5
Baths
2,555
Sq Ft
$533
Price/Sq Ft
2024
Year Built
2
Parking
20
Days on Market
Closed Listed Sep 19, 2024 • MLS# 73292790 Copied! • Updated Nov 22, 2024

Sale Statistics

Sale Overview
Original List Price: $1,389,000
Final Sale Price: $1,363,000
Difference: $26,000 (-1.9%)
Performance Metrics
98.1%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $544
Sale $/sq ft: $533
This property sold for $533 per square foot
Sale Summary

This property sold for 1.9% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$533/sq ft
Area Average
$409/sq ft
Difference
+30.4%

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

About this home

Stunning, brand-new, energy-efficient Townhome, designed with meticulous attention to detail & built with top-of-the-line systems meeting Arlington’s stringent new energy requirements. Over 2,500 sq ft of living on 4 levels, with views of Mystic Lake from almost every room! Enjoy cooking in your Chef’s kitchen with center island, quartz countertops, herringbone tile backsplash & Thermador® appliances. Features include built-ins, wainscoting, shiplap, & moldings in fireplaced living area, dining nook and sitting area. 2nd level has 2 bedrooms, one with luxurious en-suite bath. Beautiful 3rd floor primary suite with private balcony oasis, offering gorgeous lake views. Bonus finished lower level: Use as family room, bedroom, office, or exercise room - with a large double closet & ¾ tile bath. All this, a stone’s throw from the Minuteman Bikeway, & Arlington Center's shops & restaurants.Easy access to Routes 2/16/93 & W. Medford Commuter Rail makes commuting a breeze. Don’t miss this one!

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Recently Sold Nearby

Property History

Market Insights

0.9%
Price Range
37
Total Days on Market

Property Timeline

Sold
Nov 21, 2024
$1,363,000
Property sold
Days on Market: 37
🏠
Listed for Sale
Sep 20, 2024
$1,375,000
Original listing
Agent: Lynne Lowenstein Office: Advisors Living - Arlington

Tax History

Year Taxes Assessment
2024 $0 $999,999

Financial Details

Annual Property Tax
$0
Tax Year 2024
HOA Fee
$150
Monthly
Assessed Value
$999,999

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2024
Living Area 2,555 sq ft
Bedrooms 4
Full Baths 4
Half Baths 1
Total Rooms 8

Interior

Heating Electric, Air Source Heat Pumps (ashp)
Cooling Central Air, 3 Or More, Air Source Heat Pumps (ashp)
Flooring Tile, Vinyl, Hardwood, Flooring - Stone/ceramic Tile
Appliances Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Features Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Countertops - Stone/granite/solid, Recessed Lighting, Closet, Open Floorplan, Bathroom, Home Office, Sitting Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Covered Patio/deck, Garden, Screens, Rain Gutters, Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Off Street, Tandem, Stone/gravel, Exclusive Parking
Total Spaces 2
Electric Circuit Breakers
Water Public, Individual Meter
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup, Icemaker Connection
Annual Tax 0.00
Assessed Value $999,999

HOA & Community

HOA Fee $150 Monthly
Fee Includes Insurance
Amenities None
Optional Fee Includes None
Seller Disclosures Condo Documents Are In Process. Condo Fee Is Approximate. Unit 5 Is The Mirror Image Of Unit 7.
Possession None
Accepted Financing Contract
Structure Type ["Townhouse"]
Unit/Building 5
Sq Ft Source Master Deed
Sq Ft Disclosures Attached floor plans are for marketing purposes only.Condo docs state that square footage is 2,555+/
Documents None
County Middlesex
Total market time (incl. prior listings) 37 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
4
Full Bathrooms
4
Half Bathrooms
1
Living Area
2,555 sq ft
Total Rooms
8
Stories
4
Entry Level
1

Room Details

First Floor

Bathroom1
4.25 x 4.5
Bathroom - Half, Flooring - Hardwood, Crown Molding

Second Floor

Bathroom2
5 x 11.5
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Bedroom2
9.083333333 x 11.75
Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding
Bathroom3
10 x 6.083333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Master Bedroom
12.25 x 17.083333333
Bathroom - 3/4, Walk-In Closet(s), Recessed Lighting, Crown Molding

Third Floor

Bedroom3
21.916666666 x 17.666666666
Bathroom - 3/4, Flooring - Hardwood, Balcony / Deck, Exterior Access, Recessed Lighting, Slider, Closet - Double

Basement Floor

Office
Closet, Flooring - Vinyl, Open Floor Plan
Family Room
23.916666666 x 20.666666666
Bathroom - Full, Flooring - Vinyl, Recessed Lighting, Closet - Double, Flooring - Engineered Hardwood

Other Floor

Bedroom5
Bedroom4
Master Bathroom
Yes

Main,First Floor

Dining Room
8.916666666 x 10.75
Bathroom - Half, Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan, Recessed Lighting, Wainscoting, Lighting - Overhead, Crown Molding
Kitchen
15.75 x 11.25
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wainscoting, Lighting - Pendant, Crown Molding
Living Room
12.666666666 x 13.333333333
Closet, Flooring - Hardwood, Open Floorplan, Recessed Lighting, Wainscoting, Crown Molding

Interior Features

Flooring: Tile, Vinyl, Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Plumbed For Ice Maker
Interior Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Recessed Lighting, Closet, Open Floorplan, Bathroom, Home Office, Sitting Room
Windows: Insulated Windows, Screens
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 2024
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Electric, Air Source Heat Pumps (ASHP)
Cooling: Central Air, 3 or More, Air Source Heat Pumps (ASHP)
Hot Water:
Water Source: Public, Individual Meter
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck, Garden, Screens, Rain Gutters, Professional Landscaping, Sprinkler System
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Stone/Gravel, Exclusive Parking

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Nearby Schools

School information not available for this location.

Location

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Neighborhood

5 Mystic Lake Drive # 5, Arlington MA 02474

Arlington, MA 02474

Listing Information

Agent MLS ID NB900450
Office MLS ID AN7690
Listing Data Updated Nov 22, 2024 10:11 AM 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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