Shannon Sloane
eXp Realty LLC - Corporate Office
(857) 567-3268
42 Total Sales
1 in Wayland
$1,540,000 Price
31 Cochituate Rd Wayland, MA 01778
Wayland AreaEstimated Value: $1,231,365
3
Beds
4
Baths
3,870
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Attic
- Corner Lot
- Wayland High School Rated A+
- 4 Fireplaces
- Covered Patio or Porch
About This Home
As of November 2024A prime, mixed use commercial/residential investment opportunity, in the heart of Wayland’s downtown! This beautiful historic Federal Colonial, had several uses through the yrs.The George Smith House was built as a residence & dry goods grocery store & was the first Post Office in town. Recently owned by the same family for 40 yrs. The home features a traditional hip-roof front entry porch & includes #5 & #7 Pelham Island Rd. Currently there is a practice in two units, one with a lobby, office, open spaces & 2 half baths & storage.The other small attached unit has a lobby, an open area and a 1/2 bath. The residential unit (on the 2nd & 3rd level) has 3 bdrms & 1.5 baths. Located at the high visibility intersection of Cochituate & Pelham Island Rd, the property is nestled amongst historic buildings & a short distance to the Wayland Town Center, favorite restaurants & shops. To convert the 1st flr to a 2nd apartment, will need Town Approvals. Also listed as Commercial. Sold “As is"
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,351
Year Built
- Built in 1850
Lot Details
- 5,248 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 3,870 Sq Ft Home
- Property has 1 Level
- 4 Fireplaces
- Wood Burning Fireplace
- Living Room
- Storage
- Washer and Dryer
- Basement Fills Entire Space Under The House
- Oven
- Attic
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
- Rain Gutters
Location
- Property is near schools
Schools
- Wayland High School
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $3,010
- Rent includes unit 1(water hot water), unit 2(hot water)
- Assessor Parcel Number 3523043
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Shops
Recreation
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $2,400
- Water Sewer Expense $1,500
- Operating Expense $17,451
- Net Operating Income $36,120
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2024
Closed on
Nov 13, 2024
Sold by
Large Ocean Rt and Lin
Bought by
Seller's Agent
Joan Vaccaro
Keller Williams Boston MetroWest
Buyer's Agent
Joan Vaccaro
Keller Williams Boston MetroWest
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,365
Avg. Annual Appreciation
3.72%
Original Mortgage
$872,000
Outstanding Balance
$853,246
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,119
Purchase Details
Closed on
Mar 3, 2014
Sold by
Lin Siu Shyong and Lin Pei H
Bought by
Large Ocean Rt and Lin
Purchase Details
Closed on
Nov 20, 1979
Bought by
Lin Siu Shyong and Pei Hui
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wayland, MA
-
Shannon Sloane
-
Eric Rollo
Eric Rollo
The Agency Boston
(774) 271-5515
42 Total Sales
1 in Wayland
$1,100,100 Price
-
Nicole Blanchard
Nicole Blanchard
Compass
(781) 808-2520
28 Total Sales
1 in Wayland
$4,048,000 Price
-
The Baker Team .
The Baker Team .
Keller Williams Realty
(781) 661-5797
94 Total Sales
4 in Wayland
$789K - $1.5M Price Range
-
Aura Gauthier
Aura Gauthier
ERA Key Realty Services - Distinctive Group
(774) 545-8019
35 Total Sales
1 in Wayland
$899,000 Price
-
Selina Yin MacDonald
Selina Yin MacDonald
Keller Williams Boston MetroWest
(857) 971-4296
65 Total Sales
2 in Wayland
$1.8M - $2.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,150,000 | None Available | ||
| Large Ocean Rt | -- | -- | |
| Lin Siu Shyong | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $872,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2024 11/13/24 | Sold | $1,150,000 | +4.5% | $297 / Sq Ft |
| 08/30/2024 08/30/24 | Pending | -- | -- | -- |
| 08/17/2024 08/17/24 | For Sale | $1,100,000 | -- | $284 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,848 | $566,100 | $173,500 | $392,600 |
| 2024 | $8,351 | $538,100 | $165,200 | $372,900 |
| 2023 | $8,052 | $483,600 | $150,200 | $333,400 |
| 2022 | $8,245 | $449,300 | $124,400 | $324,900 |
| 2021 | $5,956 | $429,500 | $113,100 | $316,400 |
| 2020 | $7,628 | $429,500 | $113,100 | $316,400 |
| 2019 | $7,851 | $429,500 | $113,100 | $316,400 |
| 2018 | $5,724 | $415,400 | $113,100 | $302,300 |
| 2017 | $5,658 | $404,200 | $113,100 | $291,100 |
| 2016 | $6,861 | $395,700 | $113,100 | $282,600 |
| 2015 | $7,174 | $390,100 | $113,100 | $277,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Vaccaro
Seller's Agent in 2024
Joan Vaccaro
Keller Williams Boston MetroWest
(508) 930-9755
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73277548
APN: WAYL-000023-000000-000044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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