NOT LISTED FOR SALE

1301 Magnolia Dr Wayland, MA 01778

Estimated Value: $1,078,000 - $1,346,000

2 Beds
2.5 Baths
2,707 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $520,000 $192 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,811/month

48 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Wayland High School Rated A+
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of March 2012

HUGE REDUCTION!!! GREAT VALUE!!! MOVE RIGHT IN!!!!! Interior consists of hardwood flooring, double sided Gas fireplace vaulted ceiling, basement finished with wet bar, full bathroom and two additonal finished rooms. Great property at a Great Value!!!!

Last Agent to Sell the Property

Meghan Maraghy

Listed on: 12/22/2011

Last Buyer's Agent

Carrie McGough

Coldwell Banker Realty - Sudbury

Coldwell Banker Realty - Sudbury

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1999

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Interior Spaces

  • 2,707 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Bonus Room

Kitchen

  • Oven
  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • Private Sewer

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 84 Units
  • The Meadows Community

Listing and Financial Details

  • Assessor Parcel Number 3523165

Townhouse Details

Home Type

Townhome

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1999
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: 20
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Carpet, Laminate, Flooring - Laminate, Flooring - Wall to Wall Carpet
  • Interior Amenities: Slider, Bonus Room, Bedroom, Office
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oven,Microwave,Refrigerator,Washer,Dryer, Tank Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Basement
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood, Deck - Exterior
  • Room Kitchen Level: First
  • Room Kitchen Features: Countertops - Stone/Granite/Solid
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: Basement
  • Room Office Features: Flooring - Wall to Wall Carpet, Slider
  • Living Area: 2707
  • Stories Total: 2
  • MAIN LO: an1199
  • LIST PRICE PER Sq Ft: 192.09
  • PRICE PER Sq Ft: 192.09
  • MAIN SO: an6181

Exterior Features

  • Patio And Porch Features: Deck
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 861
  • Association YN: Yes
  • UNIT BUILDING: 1301

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 3523165
  • Zoning: unk
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 170

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 16027.61
  • Tax Book Number: 45904

Multi Family

  • Number Of Units Total: 84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2013
Sold by
Reinherz Ralph and Reinherz Arlene
Bought by
Magnolia Drive T and Reinherz Ralph
Total Days on Market
48
Current Estimated Value
$1,197,556

Purchase Details

Listed on
Dec 22, 2011
Closed on
Mar 30, 2012
Sold by
Residential Funding Re
Bought by
Reinherz Ralph and Reinherz Arlene
Seller's Agent
Meghan Maraghy
Buyer's Agent
Carrie McGough
Coldwell Banker Realty - Sudbury
List Price
$619,900
Sold Price
$520,000
Premium/Discount to List
-$99,900
-16.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Dec 22, 2011
Closed on
Mar 5, 2012
Sold by
Levy James R
Bought by
Residential Funding Re
Seller's Agent
Meghan Maraghy
Buyer's Agent
Carrie McGough
Coldwell Banker Realty - Sudbury
List Price
$619,900
Sold Price
$520,000
Premium/Discount to List
-$99,900
-16.12%

Purchase Details

Closed on
Aug 19, 2005
Sold by
Scott Ann L and Caldwell Arlene
Bought by
Levy Bonnie and Levy James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Janjikian Mary
Bought by
Scott Ann L and Caldwell Arlene L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Magnolia Drive T -- --
Reinherz Ralph $520,000 --
Residential Funding Re $738,650 --
Levy Bonnie $882,500 --
Scott Ann L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reinherz Ralph $350,000
Previous Owner Levy James R $205,000
Previous Owner Levy Bonnie $686,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $520,000 0.0% $192 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/30/2012 01/30/12 Price Changed $520,000 -5.4% $192 / Sq Ft
01/17/2012 01/17/12 Price Changed $549,900 -4.3% $203 / Sq Ft
12/30/2011 12/30/11 Price Changed $574,900 -7.3% $212 / Sq Ft
12/22/2011 12/22/11 For Sale $619,900 -- $229 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,468 $1,117,600 $0 $1,117,600
2024 $16,386 $1,055,800 $0 $1,055,800
2023 $19,061 $1,144,800 $0 $1,144,800
2022 $15,704 $855,800 $0 $855,800
2021 $16,381 $884,500 $0 $884,500
2020 $14,542 $818,800 $0 $818,800
2019 $16,512 $903,300 $0 $903,300
2018 $15,008 $832,400 $0 $832,400
2017 $14,224 $784,100 $0 $784,100
2016 $13,596 $784,100 $0 $784,100
2015 $14,214 $772,900 $0 $772,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71321169

MLS Property Information Network (MLS PIN)

APN: WAYL-000040-000000-000067A