For sale

Price cut: $19.1K (6/4)

$699,900

1 Watermill Pl Unit 316, Arlington, MA 02476

2beds

1,088sqft

$5,247/mo

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Condominium

Built in 1988

-- sqft lot

$694,600 Zestimate^®

$643/sqft

$706/mo HOA

What's special

High quality finishesSun filled unit

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.

84 days
961
31

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bathroom

Features: Yes

Heating

Forced Air, Heat Pump, Electric

Cooling

Central Air

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Range Hood

Features

Flooring: Tile, Vinyl, Carpet
Has basement: No
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 1,088
Total interior livable area: 1,088 sqft
Finished area above ground: 1,088

Property

Parking

Total spaces: 1
Parking features: Under, Garage Door Opener, Assigned, Off Street, Guest
Attached garage spaces: 1

Details

Parcel number: M:058.C B:0001 L:0316,323051
Zoning: R7

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Frame
Roof: Rubber

Condition

Year built: 1988

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path
Security: Intercom

HOA

Amenities included: Hot Water, Elevator(s), Fitness Center, Storage
Services included: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA fee: $706 monthly

Location

Region: Arlington

Financial & listing details

Price per square foot: $643/sqft
Tax assessed value: $638,000
Annual tax amount: $6,871
Date on market: 6/9/2026
Listing terms: Contract

Estimated market value

$694,600

$660,000 - $729,000

$3,122/mo

Price history

Date	Event	Price
6/4/2026	Price change	$699,900-2.7%$643/sqft
Source: MLS PIN #73499668 Report a problem
5/4/2026	Price change	$719,000-1.5%$661/sqft
Source: MLS PIN #73499668 Report a problem
4/10/2026	Listed for sale	$729,900+406.9%$671/sqft
Source: MLS PIN #73499668 Report a problem
1/29/1990	Sold	$144,000$132/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,871 +10%	$638,000 +8.2%
2024	$6,245 -1.2%	$589,700 +4.5%
2023	$6,324 +0.8%	$564,100 +2.7%
2022	$6,273 +2.1%	$549,300 +1.3%
2021	$6,146 +5.4%	$542,000 +2.8%
2020	$5,831 +4.9%	$527,200 +6.8%
2019	$5,560 +11.1%	$493,800 +19.7%
2018	$5,004 +3.4%	$412,500 +7.1%
2017	$4,839 -1.9%	$385,300
2016	$4,932 +3.9%	$385,300 +10%
2015	$4,748 +5.4%	$350,400 +7.3%
2014	$4,504 +1.3%	$326,600
2013	$4,445 -0.3%	$326,600 +0%
2012	$4,460 +10.1%	$326,500
2011	$4,052 +2.5%	$326,500
2010	$3,954 -0.1%	$326,500 -1.7%
2009	$3,959 -0.4%	$332,100 -4.3%
2008	$3,974 +1.4%	$347,100 -3%
2007	$3,918	$357,800