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281 Park Ave

Arlington, MA 02476

5 bd 3 ba 3,141 sqft Built 1922 Lot 7,745 sqft multi_family
Most recent sale
$1,360,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $1,360,000 MLSPIN
Mar 6, 2024 Listed $1,250,000 MLSPIN
Sep 1, 1985 Sold $240,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $528,400 $576,300 $1,104,700 $11,898
2024 $489,200 $545,300 $1,034,500 $10,955
2023 $524,900 $477,200 $1,002,100 $11,234
2022 $520,300 $433,800 $954,100 $10,896
2021 $497,100 $433,800 $930,900 $10,556
2020 $497,600 $433,800 $931,400 $10,301
2019 $386,500 $433,800 $820,300 $9,237
2018 $386,500 $384,200 $770,700 $9,349
2017 $363,300 $322,200 $685,500 $8,610
2016 $363,300 $322,200 $685,500 $8,774
2015 $325,100 $278,900 $604,000 $8,184
2014 $325,100 $269,600 $594,700 $8,201
2006 $416,500 $202,600 $619,100 $7,021
2005 $383,500 $185,900 $569,400 $6,229
2004 $383,500 $185,900 $569,400 $6,058
2003 $258,900 $158,000 $416,900 $5,674

Property facts

Year built
1922
Property type
multi_family
Stories
3
Beds
5
Baths
3
Living area
3,141 sqft
Lot size
7,745 sqft
ZIP code
02476
City
Arlington
Street
Park Ave
Coordinates
42.41552, -71.18073

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,109
Gross rental yield
8.04%
Implied cap rate
5.22%
Trend-extrapolated value

Frequently asked questions

When did 281 Park Ave last sell?
281 Park Ave most recently sold on Apr 5, 2024 for $1,360,000.
What is the current tax assessment for 281 Park Ave?
The most recent total assessment for 281 Park Ave (year 2025) is $1,104,700 with $11,898 in property tax.
How does 281 Park Ave's assessment compare to its last sale price?
The current assessment is 18.8% below the last sale price of $1,360,000.
When was 281 Park Ave built?
281 Park Ave was built in 1922.
How does 281 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 281 Park Ave?
281 Park Ave is a 5 bed, 3 bath, 3,141 sqft, 7,745 sqft lot multi_family.
Is 281 Park Ave a flip candidate?
No — 281 Park Ave does not appear in our flips dataset.
Is 281 Park Ave a tax-appeal candidate?
No — 281 Park Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.6%
2026 Q3
$1M
2026 Q4
$987.5K
ZIP 02476 — Median Price History + Forecast

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