1 Watermill Pl # 316, Arlington MA 02476
Arlington, MA 02476 • Arlington Heights
$729,900
$699,900
Est. $5,018/month
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About this home
Rare offering of a sun filled unit on the westerly side of Watermill Place with a bay window offering views of a tree lined landscaped buffer. Impeccably maintained 3rd floor unit with high quality finishes. The owner completed a full kitchen renovation in 2008 with high end cabinets, appliances, and counter tops. Both bathrooms were renovated in 2012 by Custom Contracting. Watermill Place is a meticulously maintained building with top quality materials and recent capital upgrades including a roof replacement (2015), new windows, exterior envelope, unit doors (2020), paving and garage waterproofing (2024). Conveniently located within walking distance to E. Arlington Center and adjacent to Minuteman Bikeway and historic Old Schwamb Mill. Fitness room with recently purchased equipment. A parking space is included. Open House Saturday 4/11 from 11am-1pm.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
4.1%
Price Range
Property Timeline
Price Reduced
Jun 4, 2026
$699,900
$19,100
(-2.66%)
From $719,000 to $699,900 (-2.7%)
Price Reduced
May 4, 2026
$719,000
$10,900
(-1.49%)
From $729,900 to $719,000 (-1.5%)
Listed for Sale
Apr 10, 2026
$729,900
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/04/2026 | ↓ Price Reduced | $699,900 | $19,100 | - | From $719,000 to $699,900 (-2.7%) |
| 05/04/2026 | ↓ Price Reduced | $719,000 | $10,900 | - | From $729,900 to $719,000 (-1.5%) |
| 04/10/2026 | 🏠 Listed for Sale | $729,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,871 | $638,000 |
Financial Details
Annual Property Tax
$6,871
Tax Year 2025
HOA Fee
$706
Monthly
Assessed Value
$638,000
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1988
Living Area
1,088 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Forced Air, Heat Pump, Electric
Cooling
Central Air
Flooring
Tile, Vinyl, Carpet
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer, Range Hood
Fireplace
None
Basement
N
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Garage Door Opener, Assigned, Off Street, Guest
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,871
Assessed Value
$638,000
HOA & Community
HOA Fee
$706 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
Amenities
Hot Water, Elevator(s), Fitness Center, Storage
Optional Fee Includes
None
Down Payment Resource
Eligible
Pets
No
MA Disclosures
Seller Disclosures
Listing Agent Related To Seller
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Mid-Rise"]
Unit/Building
316
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)
County
Middlesex
Total market time (incl. prior listings)
58 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
1,088 sq ft
Total Rooms
4
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,088 sq ft above grade
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Vinyl, Carpet
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Range Hood
Interior Features:
Windows:
Basement:
N
Laundry:
Security:
Intercom
Construction & Materials
Year Built:
1988
Structure Type:
Mid-Rise
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Heat Pump, Electric
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, Garage Door Opener, Assigned, Off Street, Guest
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
Elementary Schools
10 schools
St. Agnes Elementary School
1.7 mi
Grades K-08
Lesley Ellis School
2.3 mi
Grades PK-07
Arlington Heights Nursery School
0.2 mi
Grades PK
A+
Peirce School
0.3 mi
|
#57 of 824
|
Score: 61.8
Dropped 23 spots from last year
+3.6 above state avg
318 students
Diverse
Grades K-05
A-
M. Norcross Stratton Elementary School
0.7 mi
|
#180 of 824
|
Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students
Diverse
Diverse Student Body
Grades K-05
A+
Cyrus E Dallin School
0.7 mi
|
#39 of 824
|
Score: 63.2
Improved 181 spots from last year
+5 above state avg
390 students
Diverse
Rising School
Strong Attendance
Grades K-05
A
Brackett School
0.9 mi
|
#120 of 824
|
Score: 58.0
Dropped 7 spots from last year
-0.2 below state avg
394 students
Diverse
Strong Attendance
Grades K-05
A+
John A Bishop School
1.3 mi
|
#52 of 824
|
Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students
Diverse
Grades K-05
Arlington Children's Center
1.4 mi
Grades PK-K
Menotomy Preschool
1.4 mi
100 students
Very Diverse
Diverse Student Body
Grades PK
Middle Schools
2 schools
A+
Ottoson Middle School
0.3 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
A+
Gibbs School
2.0 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
High Schools
1 school
Arlington Catholic High School
1.6 mi
17 sports
• 1,412 athletes
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
$573
Homeowners Insurance
$200
HOA Fee
$706/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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
Arlington Heights
1 Watermill Pl # 316, Arlington MA 02476
Arlington, MA 02476
Listing Information
Listing Agent
Michael Fisher
Listing Office
Realty Advisors
Office Phone
413-565-2220
Agent MLS ID
CN237142
Office MLS ID
M95098
Listing Data Updated
Jun 7, 2026 4:05 AM 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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