Watertown Real Estate Prices Likely to Rise Again Next Year

Last year, most areas of Watertown saw an increase in real estate values, Town Assessor Francis Golden told the Town Council, and the trend will likely continue. During his property tax presentation, Golden said 75 percent of neighborhoods appreciated last year. This resulted in an increase of property taxes of about 3.25 percent, he said (click here to read more details). Some of the additional value came from the new apartment complexes being built on the west side of Watertown, but a lot comes from appreciation of existing properties. Golden said Watertown has become a very attractive place to live.

Check Out the Latest Watertown Home Sales

Home sales continue to be healthy in Watertown even in late November. $308,000 – 85 Bradford Road Unit 85, 5 room, 2 bedroom, 1 full bathroom, 2/3 Family condo/townhouse

$237,500 – 2 Winthrop Street Unit 3, 4 room, 2 bedroom, 1 full bathroom, Low-Rise condo/townhouse

$490,000 – 194 School Unit 194, 8 room, 3 bedroom, 2 full bathroom, 2/3 Family condo/townhouse

$361,000 – 22 Homer St Unit 1, 4 room, 2 bedroom, 1 full bathroom, 2/3 Family condo/townhouse

See How Much Watertown Property Taxes Will Rise

Watertown property owners will see a increase in their property tax bills, but the overall average is bigger than most people’s reality, Town Assessor Francis Golden told the Town Council Tuesday. Residential property taxes will rise on average 6.25 percent, but he said that number includes the new apartment buildings on Pleasant Street and Waltham Street. “The 6.25 increase is the largest since I’ve been here,” Golden said. “The apartments are skewing that, so it is not realistic for most.”

For most people – 97 percent of homeowners – the increase will be around 3.28 percent, Golden said during his tax presentation (click here to see details). The Town Council approved the tax rate, as well as a shift of the tax burden from residential property owner to CIP taxes (Commercial/Industrial and Personal Property).

A Slew of Watertown Homes Sold This Week

Take a look at the homes that sold this week in Watertown. $784,000 – 16-18 Richards Road, 2 unit, 14 total room, 6 total bedroom, 2 Family – 2 Units Up/Down multi-family home

$829,000 – 14 Stoneleigh Cir., 10 room, 5 bedroom, 2 full & 1 half bathroom, single-family home

$622,500 – 80 Stoneleigh Road, 4 room, 2 bedroom, 2 full bathroom, Other (See Remarks) single-family home

$455,000 – 76 Westminster Avenue, 8 room, 2 bedroom, 1 full & 1 half bathroom, Ranch single-family home

Sponsored by:

$560,000 – 10-12 Charles Street, 2 unit, 12 total room, 6 total bedroom, 2 Family multi-family home

$520,000 – 26 Royal Unit 2, 8 room, 4 bedroom, 2 full bathroom, condo/townhouse

$373,000 – 11 Adams Street Unit 2, 6 room, 3 bedroom, 2 full bathroom, 2/3 Family condo/townhouse

Take a Look at the Homes that Sold in Watertown This Week

Here are this week’s Watertown home sales, take a look at the details. $429,000 – 16 Capitol St. Unit 16, 7 room, 3 bedroom, 1 full & 1 half bathroom, Townhouse condo/townhouse

Sponsored by:

$412,000 – 91 Spring Street Unit 12, 6 room, 3 bedroom, 2 full & 1 half bathroom, Townhouse condo/townhouse

$456,214 – 97 Madison Avenue, 6 room, 3 bedroom, 1 full bathroom, Ranch single-family home

Here are the Homes That Sold in Watertown This Week

Check out the homes that sold in Watertown this week. $410,000 – 21 Angela Lane Unit G-4, 5 room, 2 bedroom, 2 full & 1 half bathroom, Townhouse condo/townhouse

$601,000 – 125 Coolidge Ave Unit 307 4 room, 2 bedroom, 2 full bathroom, Mid-Rise condo/townhouse

Sponsored by:

$650,000 – 10 Carlton Terr. 2 unit, 12 total room, 4 total bedroom, 2 Family multi-family home

$644,000 – 10 Hillside Road, 7 room, 3 bedroom, 1 full & 1 half bathroom, Colonial single-family home

Check Out the Latest Watertown Home Sales

These homes sold this week. See where they are and how much they sold for. $655,000 – 626 Belmont Street, 10 room, 4 bedroom, 2 full & 1 half bathroom, Colonial single-family home

$425,000 – 475 Arsenal St. Unit E, 5 room, 2 bedroom, 2 full bathroom, condo/townhouse

$454,000 – 20 Myrtle St. Unit 20, 5 room, 2 bedroom, 1 full & 1 half bathroom, Townhouse condo/townhouse

Sponsored by:

$430,000 – 30 Prospect Street, 5 room, 3 bedroom, 1 full bathroom, Cape single-family home

$460,000 – 18 Hudson Street, 5 room, 2 bedroom, 1 full & 1 half bathroom, Colonial single-family home