Bright and spacious top-floor 2-bedroom, 2-bath condo at the desirable Watermill Place in Arlington. This sunny penthouse-style unit offers approximately 1,034 sq ft of living space with southern exposure, great natural light, and a comfortable single-level layout. The primary bedroom includes a private full bathroom and ample closet space, while the second bedroom is generously sized and can work well as a bedroom, office, or study space. Features include in-unit washer/dryer, central air, heat pump heating/cooling, dishwasher, refrigerator, elevator access, fitness room, visitor parking, and two deeded parking spaces: one garage space and one outdoor/off-street space. Conveniently located near the Minuteman Bikeway, Mass Ave, public transportation to Alewife, shops, restaurants, parks, and Arlington amenities.
12-month lease preferred. Rent is $3,400/month. First month's rent, last month's rent, security deposit due at lease signing. Water, sewer, hot water, landscaping, snow removal, and common-area maintenance are included. Tenant is responsible for electricity, internet/cable, and other personal utilities. Two parking spaces are included: one deeded garage space and one deeded outdoor/off-street space. In-unit washer and dryer included. No smoking. Pets not negotiable
Sold for $557,000
$557,000
1 Watermill Pl Unit 306, Arlington, MA 02476
2beds
1,034sqft
Apartment
Built in ----
-- sqft lot
$614,200 Zestimate®
$539/sqft
$3,054 Estimated rent
Home value
$614,200
$583,000 - $651,000
$3,054/mo
Zestimate® history
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List your homeWhat's special
Central airSunny penthouse-style unitElevator accessTwo deeded parking spacesComfortable single-level layoutAmple closet spaceSouthern exposure
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood
Interior area
- Total interior livable area: 1,034 sqft
Property
Parking
- Parking features: Attached, Off Street
- Has attached garage: Yes
- Details: Contact manager
Features
- Exterior features: Bicycle storage, Cable not included in rent, Electricity not included in rent, Internet not included in rent
Details
- Parcel number: ARLIM058CB0001L0306
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Community & HOA
Community
- Features: Fitness Center
- Deposit fee: $3,000
- Application fee: $0
HOA
- Amenities included: Fitness Center
Location
- Region: Arlington
Financial & listing details
- Price per square foot: $539/sqft
- Tax assessed value: $609,700
- Annual tax amount: $6,566
- Date on market: 6/2/2026
- Date available: 08/03/2026
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listing removed | $3,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2026 | Price change | $3,000-6.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2026 | Price change | $3,200-3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/15/2026 | Price change | $3,300-2.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/2/2026 | Listed for rent | $3,400$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Sold | $557,000+1.3%$539/sqft |
Source: Public Record Report a problem | ||
| 12/31/2023 | Listed for sale | $549,900+4.7%$532/sqft |
Source: MLS PIN #73189516 Report a problem | ||
| 8/8/2023 | Listing removed | $525,000$508/sqft |
Source: MLS PIN #73126282 Report a problem | ||
| 7/27/2023 | Contingent | $525,000$508/sqft |
Source: MLS PIN #73126282 Report a problem | ||
| 6/17/2023 | Listed for sale | $525,000-2%$508/sqft |
Source: MLS PIN #73126282 Report a problem | ||
| 6/6/2023 | Listing removed | $535,900$518/sqft |
Source: MLS PIN #73084385 Report a problem | ||
| 4/24/2023 | Price change | $535,900-0.7%$518/sqft |
Source: MLS PIN #73084385 Report a problem | ||
| 4/6/2023 | Price change | $539,900-0.2%$522/sqft |
Source: MLS PIN #73084385 Report a problem | ||
| 3/26/2023 | Price change | $541,000-0.7%$523/sqft |
Source: MLS PIN #73084385 Report a problem | ||
| 3/20/2023 | Price change | $545,000-1.1%$527/sqft |
Source: MLS PIN #73084385 Report a problem | ||
| 3/5/2023 | Listed for sale | $551,000+0.6%$533/sqft |
Source: MLS PIN #73084385 Report a problem | ||
| 2/9/2023 | Listing removed | $547,900$530/sqft |
Source: MLS PIN #73076018 Report a problem | ||
| 2/3/2023 | Listed for sale | $547,900-0.4%$530/sqft |
Source: MLS PIN #73076018 Report a problem | ||
| 1/29/2023 | Listing removed | $549,900$532/sqft |
Source: MLS PIN #73072566 Report a problem | ||
| 1/21/2023 | Listed for sale | $549,900-1.5%$532/sqft |
Source: MLS PIN #73072566 Report a problem | ||
| 9/29/2022 | Listing removed | -- |
Source: | ||
| 8/23/2022 | Price change | $558,000-0.3%$540/sqft |
Source: MLS PIN #73025266 Report a problem | ||
| 8/15/2022 | Listed for sale | $559,900+0.9%$541/sqft |
Source: MLS PIN #73025266 Report a problem | ||
| 8/1/2022 | Listing removed | $554,900$537/sqft |
Source: MLS PIN #73015560 Report a problem | ||
| 7/29/2022 | Listed for sale | $554,900+0.3%$537/sqft |
Source: MLS PIN #73015560 Report a problem | ||
| 7/1/2022 | Sold | $553,500+75.7%$535/sqft |
Source: Public Record Report a problem | ||
| 9/25/2002 | Sold | $315,000+57.5%$305/sqft |
Source: Public Record Report a problem | ||
| 2/26/1999 | Sold | $200,000+37%$193/sqft |
Source: Public Record Report a problem | ||
| 2/1/1990 | Sold | $146,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,566 +9.6% | $609,700 +7.7% |
| 2024 | $5,993 -1.3% | $565,900 +4.4% |
| 2023 | $6,075 +0.8% | $541,900 +2.7% |
| 2022 | $6,024 +2.1% | $527,500 +1.4% |
| 2021 | $5,900 +5.5% | $520,300 +2.8% |
| 2020 | $5,595 +5.1% | $505,900 +7% |
| 2019 | $5,326 +11.6% | $473,000 +20.2% |
| 2018 | $4,774 +3.5% | $393,600 +7.2% |
| 2017 | $4,611 -1.9% | $367,100 |
| 2016 | $4,699 +4.1% | $367,100 +10.2% |
| 2015 | $4,515 +5.5% | $333,200 +7.4% |
| 2014 | $4,278 +1.3% | $310,200 |
| 2013 | $4,222 -1.9% | $310,200 -1.6% |
| 2012 | $4,304 +10.1% | $315,100 |
| 2011 | $3,910 +2.5% | $315,100 |
| 2010 | $3,816 -1.7% | $315,100 -3.2% |
| 2009 | $3,881 -0.4% | $325,600 -4.3% |
| 2008 | $3,896 +1.4% | $340,300 -3% |
| 2007 | $3,841 | $350,800 |
Find assessor info on the county website
Neighborhood: 02476
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Nearby schools
GreatSchools rating
- 9/10Peirce SchoolGrades: K-5Distance: 0.2 mi
- 10/10Ottoson Middle SchoolGrades: 7-8Distance: 0.3 mi
- 10/10Arlington High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$614,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$614,200