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7 Colonial Village Dr # 2, Arlington MA 02474

Arlington, MA 02474 • Arlington Heights
$360,000
Est. $2,744/month
1
Beds
1
Baths
641
Sq Ft
$562
Price/Sq Ft
1962
Year Built
77
Days on Market
Closed Listed Jan 8, 2025 • MLS# 73324410 Copied!

About this home

**Location, location!!** Discover this sun filled open-floor condo near Trader Joe’s, bus routes to Cambridge and Alewife Station, the reservoir walking paths, Minuteman bikeway, and Arlington Heights shops and restaurants. Enjoy use of the well maintained large grassy courtyard with in-ground pool, and the convenience of 2 deeded parking spaces in front (rare). This spacious corner unit has all new overhead lighting in every room and a southern exposure for ample natural light. The layout features a large open space for living and dining with convenient kitchen access, and a large bedroom with ample closet space. Ceramic tile floors throughout for easy maintenance. Laundry and storage located on the same level for quick access. Shower/tub was replaced in 2021. New overhead lights installed in Dec. 2024. Don't miss out!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1962
Bedrooms
1
Full Bathrooms
1
Living Area
641 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $349,000
Final Sale Price: $360,000
Difference: +$11,000 (+3.2%)
Performance Metrics
103.2%
List to Sale Ratio
Sold above asking price
77
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $544
Sale $/sq ft: $562
This property sold for $562 per square foot
Sale Summary

This property sold for 3.2% above the original asking price, indicating strong buyer demand.

The property spent 77 days on market before selling.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$562/sq ft
Area Average
$695/sq ft
Difference
19.1%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1962
Living Area 641 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Oil
Cooling Wall Unit(s)
Flooring Tile
Appliances Range, Dishwasher, Disposal
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Assigned, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,465
Assessed Value $321,700

Interior Features

Flooring: Tile
Appliances: Range, Dishwasher, Disposal
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 1962
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard, Oil
Heating Zones: 3
Cooling: Wall Unit(s)
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

Total Parking Spaces: 2
Parking Features: Assigned, Deeded

Location

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Neighborhood

Arlington Heights

7 Colonial Village Dr # 2, Arlington MA 02474

Arlington, MA 02474

Walkability

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Nearby Schools

School information not available for this location.

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 $289
Homeowners Insurance $200
HOA Fee $435/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

43.1%
Price Range
17
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Apr 10, 2025
$360,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Jan 8, 2025
$359,000
Original listing
Agent: David Leone Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #71931188
Full transaction history available when tracking began
🏷️
Previously Sold
May 6, 2016
$205,000
MLS #71931188

Price & Status History

Date Event Price Change
Jan 8, 2025 New Listing Added $359,000
May 6, 2016 Sold $205,000

Market Statistics

Days on Market
77 days
Price per Sq Ft
$562

Tax History

Year Taxes Assessment
2025 $3,465 $321,700

Financial Details

Annual Property Tax
$3,465
Tax Year 2025
HOA Fee
$435
Monthly
Assessed Value
$321,700

Listing Information

Listing Office Gibson Sotheby's International Realty
Agent MLS ID CN236081
Office MLS ID AN6101
Listing Data Updated Apr 18, 2025 12:44 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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