1 Watermill Place # 320, Arlington MA 02476

Arlington, MA 02476
$470,000
1
Beds
1.5
Baths
855
Sq Ft
$550
Price/Sq Ft
1988
Year Built
1
Garage Space
156
Days on Market
Sold Listed Apr 4, 2025 • MLS# 73355123 Copied! • Updated Oct 9, 2025

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Sale Statistics

Sale Overview
Original List Price: $509,000
Final Sale Price: $470,000
Difference: $39,000 (-7.7%)
Performance Metrics
92.3%
List to Sale Ratio
Sold below asking price
156
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $595
Sale $/sq ft: $550
This property sold for $550 per square foot
Sale Summary

This property sold for 7.7% below the original asking price.

At 156 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 22 similar properties sold within 0.5 miles in the last 90 days

This Property
$550/sq ft
Area Median
$568/sq ft
Difference
3.1%

This property sold near the area median for similar homes.

About this home

NEW PRICE! This charming one-bedroom condominium at the highly desirable Watermill Place blends convenience with comfort. Enjoy direct access to the Minuteman Bike Trail and easy proximity to Arlington Heights village, where you’ll find fun restaurants, shops, and access to transportation. The bright, open living space features large windows offering serene views of the bike trail, while the spacious bedroom includes an en-suite bath. A guest half bath adds to the convenience and makes this home perfect for both entertaining and working from home and has amazing closet space! Watermill place also boasts an exercise room, picturesque views of the brook, the historic Mill building, and beautifully landscaped gardens. Additional perks include in-unit laundry, extra storage space on the same floor as the unit, covered parking. Whether you're a first-time home buyer, or downsizing, or simply hoping to keep a pied-a-terre in town, this is a wonderful place to make your new home.

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Recently Sold Nearby

Property History

Market Insights

19.6%
Price Range
129
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Oct 9, 2025
$470,000
Property sold
Days on Market: 129
🏠
Listed for Sale
Apr 4, 2025
$479,000
Original listing
Agent: Steve McKenna & The Home Advantage Team Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #72222991
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 30, 2018
$385,000
MLS #72222991

Tax History

Year Taxes Assessment
2025 $5,060 $464,400

Financial Details

Annual Property Tax
$5,060
Tax Year 2025
HOA Fee
$548
Monthly
Assessed Value
$464,400

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 855 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Laundry Closet, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Screens, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Carport, Deeded, Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $5,060
Assessed Value $464,400

HOA & Community

HOA Fee $548 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Elevator(s), Fitness Center, Storage
Optional Fee Includes None
Seller Disclosures The Seller Is Paying The Assessment For The Current Repairs. The Project Is Underway And Moving Forward.
Exclusions Personal Belongings.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 320
Sq Ft Source Master Deed
Sq Ft Disclosures Square footage is approximate and per master deed.
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County Middlesex
Total market time (incl. prior listings) 129 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1988
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
855 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Main Level Bedrooms
1

Floor Layout

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: Laundry Closet, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1988
Effective Year (Renovated): 1988
Structure Type: Mid-Rise
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Carport, Deeded, Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

1 Watermill Place # 320, Arlington MA 02476

Arlington, MA 02476

Listing Information

Listing Agent Steve McKenna & The Home Advantage Team
Listing Office Gibson Sotheby's International Realty
Office Phone 781-648-3500
Agent MLS ID TM336360
Office MLS ID AN6101
Listing Data Updated Oct 9, 2025 1:34 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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