NOT LISTED FOR SALE

197 Commonwealth Rd Wayland, MA 01778

Estimated Value: $594,000 - $794,280

3 Beds
1 Bath
1,638 Sq Ft
$411/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $495,000 $302 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,498/month

22 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • No HOA
  • Wayland High School Rated A+
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of October 2022

Builders and Investors take notice. Great opportunity lies on this beautiful, level .80 acre lot in desirable Cochituate Village. This property contains 3 buildings - a single family home and two detached garages. The home has an oil tank for heat, but also has a natural gas line from the street which served the gas range & gas dryer. A terrific commuter location and a short stroll by sidewalk to nearby shops/restaurants. Consult with building department on any plans. Cochituate Village is not an historic district. Wayland does not have a Demolition Delay Bylaw. Wooded areas surround the property including town protected land to the east. Septic has not been inspected and is Buyer responsibility. Seller seeking a cash offer with no contingencies. House and garages have been cleared of all personal property. Entire property being sold "As Is" . Easy to show. Appointment Required.

Last Agent to Sell the Property

Denise Garzone

William Raveis R.E. & Home Services Listed on: 06/08/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Jennifer Rossman

Carpe Diem Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,085

Year Built

  • Built in 1897

Lot Details

  • 0.79 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,638 Sq Ft Home
  • 1 Fireplace
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Connected
  • Oil Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 864071

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,085

Year Built

Built in 1897

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1897
  • Buyer Agency: 2.5
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oil Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Basement: Full, Walk-Out Access, Interior Entry, Dirt Floor, Unfinished
  • Living Area: 1638
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 305.25
  • PRICE PER Sq Ft: 302.2
  • MAIN SO: AN3729

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Paved Drive, Off Street
  • Total Parking Spaces: 15

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Cooling: None
  • Heating: Hot Water, Oil, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Sidewalks

Lot Info

  • Parcel Number: 864071
  • Zoning: R20
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.79
  • Lot Size Area: 0.79
  • Lot Size Sq Ft: 34500
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 0172
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10085.16
  • Tax Book Number: 10215

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 1963
Bought by
Shay Clifford H and Shay Elizabeth K
Total Days on Market
22
Current Estimated Value
$672,820
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
Shay Clifford H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giorgio Samuel J $562,695
Closed Giorgio Samuel J $562,695
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $495,000 -1.0% $302 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $500,000 0.0% $305 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $500,000 -- $305 / 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 $8,875 $567,800 $474,800 $93,000
2024 $8,410 $541,900 $452,300 $89,600
2023 $10,686 $641,800 $411,200 $230,600
2022 $10,085 $549,600 $340,500 $209,100
2021 $9,734 $525,600 $316,500 $209,100
2020 $9,335 $525,600 $316,500 $209,100
2019 $9,007 $492,700 $301,600 $191,100
2018 $8,584 $476,100 $301,600 $174,500
2017 $8,332 $459,300 $287,200 $172,100
2016 $7,640 $440,600 $281,600 $159,000
2015 $7,959 $432,800 $281,600 $151,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72994132

MLS Property Information Network (MLS PIN)

APN: WAYL-000051D-000000-000018