5 Melville Place Wayland, MA 01778
2
Beds
1
Bath
864
Sq Ft
10,019
Sq Ft Lot
Highlights
- Ranch Style House
- 1 Fireplace
- Jogging Path
- Wayland High School Rated A+
- No HOA
- Cul-De-Sac
About This Home
As of October 2024Settling an estate offers a unique renovation opportunity with this ranch-style home located on a cul-de-sac in a convenient neighborhood. The current floor plan features an inviting open dining/family room with a fireplace, and a one-car attached garage offers additional storage space above. Included in the sale will be a town-approved three-bedroom septic design. Centrally located, this property provides easy access to Routes 27, 30, and 90, along with nearby schools, shopping, and outdoor at the Town Beach. This home is perfect for those looking to create their dream space in a prime location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,172
Year Built
- Built in 1950
Lot Details
- 10,019 Sq Ft Lot
- Near Conservation Area
- Cul-De-Sac
- Street terminates at a dead end
- Level Lot
- Property is zoned R20
Parking
- 1 Car Attached Garage
- Off-Street Parking
Home Design
- Manufactured Home on a slab
- Ranch Style House
- Frame Construction
- Shingle Roof
Interior Spaces
- 864 Sq Ft Home
- 1 Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Oil
- Baseboard Heating
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number M:51B L:021,863895
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Oct 2, 2024
Sold by
Mcniff Virginia A Est and Tobin
Bought by
Colt Realty Llc
Seller's Agent
David Restic
Property Services Network
Buyer's Agent
David Restic
Property Services Network
List Price
$399,000
Sold Price
$490,000
Premium/Discount to List
$91,000
22.81%
Total Days on Market
6
Views
59
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
$32,467
Avg. Annual Appreciation
5.77%
Similar Home in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $490,000 | None Available | |
| Fiduciary Deed | $490,000 | None Available | |
| Fiduciary Deed | $490,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $490,000 | +22.8% | $567 / Sq Ft |
| 07/02/2024 07/02/24 | Pending | -- | -- | -- |
| 06/25/2024 06/25/24 | For Sale | $399,000 | -- | $462 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,581 | $485,000 | $389,600 | $95,400 |
| 2024 | $7,172 | $462,100 | $371,000 | $91,100 |
| 2023 | $6,978 | $419,100 | $337,300 | $81,800 |
| 2022 | $6,342 | $345,600 | $279,300 | $66,300 |
| 2021 | $5,921 | $319,700 | $253,900 | $65,800 |
| 2020 | $5,678 | $319,700 | $253,900 | $65,800 |
| 2019 | $5,588 | $305,700 | $241,800 | $63,900 |
| 2018 | $5,346 | $296,500 | $241,800 | $54,700 |
| 2017 | $5,166 | $284,800 | $230,300 | $54,500 |
| 2016 | $4,860 | $280,300 | $225,800 | $54,500 |
| 2015 | $5,065 | $275,400 | $225,800 | $49,600 |
Source: Public Records
Agents Affiliated with this Home
-
David Restic
Seller's Agent in 2024
David Restic
Property Services Network
(508) 473-0762
1 in this area
89 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73257217
APN: WAYL-000051B-000000-000021
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