$889,900
SOLD AUG 26, 2022

186 Main St Wayland, MA 01778

5 Beds
2 Baths
3,201 Sq Ft
0.72 Acres

Recently Sold

$278 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • Wayland High School Rated A+
  • Porch
  • Level Lot

About This Home

As of February 2025

Incredible opportunity for owner occupied or investors. Located across from Wayland Middle School, this two family 1st floor unit offers 2 very large bedrooms, full bath w/laundry, large eat in kitchen with new gas cooktop & dishwasher, large pantry and a living room most of which have hardwood flooring. The 2nd & 3rd floor apartment offer a huge eat in kitchen w/ walk-in pantry & newer appliances, three bedrooms, full bath w/new stackable laundry, two versatile rooms can be used for office/gaming room/art studio etc. The 2nd floor unit also offers brand new mini split system for heat/air conditioning. Hardwood flooring throughout most of 2nd unit also. Shared deck & huge yard unusual in multi-family setting. Ideal location close to shopping/dining/school/major routes a plus. New water heaters & insulation thru Mass Save. First floor unit is vacant for owner occupied buyer or rental.2nd floor has two year lease in place with $100/mo increase starting 2nd yr.

Last Agent to Sell the Property

Marc Cercone

Realty Executives Boston West Listed on: 07/15/2022

Realty Executives Boston West

Last Buyer's Agent

Lisa Coughlin

Coldwell Banker Realty - Framingham

Coldwell Banker Realty - Framingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,522

Year Built

  • Built in 1875

Lot Details

  • 0.72 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,201 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service
  • Private Sewer

Community Details

  • 2 Units
  • Net Operating Income $66,000

Listing and Financial Details

  • Total Actual Rent $5,700
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:51B L:082,863953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,522

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1875
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 2.25
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Wall Oven,Dishwasher,Countertop Range,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 3201
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 278.01
  • PRICE PER Sq Ft: 278.01
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Other
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Private Sewer
  • Cooling: Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Steam,Gas), Unit 2(Central Heat,Steam,Gas)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:51B L:082,863953
  • Zoning: R20
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Size Sq Ft: 31363
  • Lot Size Units: Acres
  • PAGE: 22
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12522
  • Tax Book Number: 79410

Multi Family

  • Gross Income: 66000
  • Net Operating Income: 66000
  • Number Of Units Total: 2
  • Total Actual Rent: 5700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Feb 15, 2022
Sold by
Ivancic Michael J
Bought by
186 Main Street Mji Llc
Seller's Agent
Tanimoto Owens Team
Advisors Living - Weston
Buyer's Agent
Marc Cercone
Realty Executives Boston West
List Price
$835,000
Sold Price
$775,000
Premium/Discount to List
-$60,000
-7.19%
Current Estimated Value
$1,126,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,439
Avg. Annual Appreciation
11.06%
Original Mortgage
$620,000
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $640,800 Purchase Money Mortgage
Closed $640,800 Purchase Money Mortgage
Previous Owner $620,000 Purchase Money Mortgage
Previous Owner $164,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $1,150,000 +4.5% $359 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $1,100,000 +23.6% $344 / Sq Ft
08/26/2022 08/26/22 Sold $889,900 0.0% $278 / Sq Ft
07/15/2022 07/15/22 For Sale $889,900 +14.8% $278 / Sq Ft
12/22/2021 12/22/21 Sold $775,000 -7.2% $242 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $835,000 -- $261 / 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 $14,605 $934,400 $465,700 $468,700
2024 $13,803 $889,400 $443,600 $445,800
2023 $12,201 $732,800 $403,400 $329,400
2022 $12,522 $682,400 $334,100 $348,300
2021 $11,931 $644,200 $310,600 $333,600
2020 $11,441 $644,200 $310,600 $333,600
2019 $10,356 $566,500 $295,900 $270,600
2018 $9,657 $535,600 $295,900 $239,700
2017 $9,085 $500,800 $281,800 $219,000
2016 $8,373 $482,900 $276,300 $206,600
2015 $8,958 $487,100 $276,300 $210,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73012800

MLS Property Information Network (MLS PIN)

APN: WAYL-000051B-000000-000082