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1 Watermill Pl # 228, Arlington MA 02476

Arlington, MA 02476
$440,000
Est. $3,351/month
1
Beds
1.5
Baths
825
Sq Ft
$533
Price/Sq Ft
1988
Year Built
7
Days on Market
Closed Listed Oct 16, 2025 • MLS# 73444587 Copied!

About this home

Charming 1-BR condo at 1 Watermill Place — perfect for downsizers or those looking for easy living in Arlington! Sunny, one-bedroom with in-unit washer/dryer, private storage unit, and one deeded garage parking space. Two elevators, intercom security, and professional management provide comfort and peace of mind. The well-maintained complex also offers a gym for convenient fitness. A+ Arlington location — close to Trader Joe’s, Jimmy’s Steer House, other restaurants, and shopping. Low-maintenance living with thoughtful amenities makes this an ideal home for anyone seeking simplicity, safety, and neighborhood convenience. Property can be rented min. 6 month lease pending trustee approval. Garage parking space #167. Property not warrantable by Fannie Mae, consult with lender prior to making an offer.

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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
825 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $424,900
Final Sale Price: $440,000
Difference: +$15,100 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $515
Sale $/sq ft: $533
This property sold for $533 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

With only 7 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
$533/sq ft
Area Average
$481/sq ft
Difference
+10.7%

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 825 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

Heating Forced Air
Cooling Central Air
Flooring Laminate
Appliances Range, Dishwasher
Fireplace None
Basement N
Laundry In Unit
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 Under, Deeded
Total Spaces 1

Utilities

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

Financial

Annual Tax $4,941
Assessed Value $458,000

Interior Features

Flooring: Laminate
Appliances: Range, Dishwasher
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1988
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air
Cooling: Central Air
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: Under, Deeded

Location

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Neighborhood

1 Watermill Pl # 228, Arlington MA 02476

Arlington, MA 02476

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 $412
Homeowners Insurance $200
HOA Fee $514/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

3.4%
Price Range
8
Total Days on Market

Property Timeline

Sold
Nov 24, 2025
$440,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Oct 16, 2025
$424,900
Original listing
Agent: The Bill Butler Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Oct 16, 2025 New Listing Added $424,900

Market Statistics

Days on Market
7 days
Price per Sq Ft
$533

Tax History

Year Taxes Assessment
2025 $4,941 $458,000

Financial Details

Annual Property Tax
$4,941
Tax Year 2025
HOA Fee
$514
Monthly
Assessed Value
$458,000

Listing Information

Listing Agent The Bill Butler Group
Listing Office Leading Edge Real Estate
Agent MLS ID TM327053
Office MLS ID AN4646
Listing Data Updated Nov 29, 2025 5:42 PM 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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Market Analytics for Arlington, MA

Real-time market trends and pricing data for this area

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