NOT LISTED FOR SALE

5 Wallace Rd Wayland, MA 01778

Estimated Value: $1,681,000 - $1,913,000

3 Beds
3.5 Baths
3,976 Sq Ft
$453/Sq Ft Est. Value

Last Sold January 13, 2025

Last sale price $1,757,500 $442 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,043/month

91 Days on Market

Highlights

  • Open Floorplan
  • Custom Closet System
  • Landscaped Professionally
  • Wayland High School Rated A+
  • Colonial Architecture
  • Deck

About This Home

As of January 2025

A new home just on time for the holidays! Stunning 12-room new construction home on a quiet street in one of the best school districts in MA. The first floor includes a formal living room with a fireplace, a dining area, and a large foyer. The chef’s kitchen boasts Signature stainless steel appliances, wall oven, and ample storage and counter space. Upstairs, enjoy a private office, a generously sized family room, and 3+ bedrooms, including a luxurious primary suite with his and hers walk-in closets—all custom-made. The walkout basement offers a 2nd office, a full bath, a 2nd family room, and a convenient dog washing station! The entertainer’s backyard is complete with an outdoor kitchen, firepit, kids' playground, and an expansive patio. An oversized garage with electric charging station complete this offering. Near Happy Hollow Elementary School and Wayland High School, as well as commerce & recreation.

Last Agent to Sell the Property

Nadia Mounsif

Coldwell Banker Realty - Cambridge Listed on: 09/04/2024

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Selina Yin MacDonald

Keller Williams Boston MetroWest

Keller Williams Boston MetroWest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,211

Year Built

  • Built in 2024

Lot Details

  • 0.34 Acre Lot
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,976 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Breezeway
  • Rain Gutters

Location

  • Property is near schools

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number M:42D L:018,862058

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Recreation

  • Tennis Courts
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,211

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2024
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: 4098

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Wet bar, Open Floorplan, Recessed Lighting, Office, Foyer, Bonus Room, Bathroom, Mud Room, Wet Bar
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Double Vanity, Closet - Double
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Soaking Tub
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: First
  • Room Family Room Level: Second
  • Room Family Room Features: Flooring - Hardwood
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Balcony - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Breezeway
  • Room Office Level: Basement
  • Basement: Full, Finished, Walk-Out Access
  • Living Area: 3976
  • Spa YN: No
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN6181
  • MAIN SO: AN5720
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck, Patio, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Screens, Other
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Tennis Court(s), Walk/Jog Trails, Conservation Area, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:42D L:018,862058
  • Zoning: R20
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6211

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Jan 13, 2025
Sold by
Kw2 Development Inc
Bought by
Sun Xu and Wu Songlin
Seller's Agent
Nadia Mounsif
Coldwell Banker Realty - Cambridge
Buyer's Agent
Selina Yin MacDonald
Keller Williams Boston MetroWest
List Price
$1,999,900
Sold Price
$1,757,500
Premium/Discount to List
-$242,400
-12.12%
Views
87
Current Estimated Value
$1,800,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,355
Avg. Annual Appreciation
2.35%
Original Mortgage
$1,249,999
Outstanding Balance
$1,237,857
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$562,998

Purchase Details

Listed on
May 19, 2020
Closed on
Feb 7, 2022
Sold by
Frey Pamela A and Lee Edward D
Bought by
Kw2 Development Inc
Seller's Agent
Doug McNeilly
Coldwell Banker Realty - Sudbury
Buyer's Agent
Alinne Da Cunha
Coldwell Banker Realty - Worcester
List Price
$375,000
Sold Price
$390,000
Premium/Discount to List
$15,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.17%
Original Mortgage
$830,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sun Xu $1,757,500 None Available
Kw2 Development Inc $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Xu $1,249,999
Closed Sun Xu $1,249,999
Previous Owner Kw2 Development Inc $830,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2025 01/13/25 Sold $1,757,500 -2.4% $442 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/29/2024 11/29/24 Price Changed $1,799,900 -5.3% $453 / Sq Ft
10/17/2024 10/17/24 Price Changed $1,899,900 -2.6% $478 / Sq Ft
10/02/2024 10/02/24 Price Changed $1,949,900 -2.5% $490 / Sq Ft
09/04/2024 09/04/24 For Sale $1,999,900 +412.8% $503 / Sq Ft
02/07/2022 02/07/22 Sold $390,000 +4.0% $353 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $375,000 0.0% $340 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $375,000 0.0% $340 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $375,000 -- $340 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $20,196 $1,292,100 $419,800 $872,300
2024 $6,211 $400,200 $399,700 $500
2023 $7,428 $446,100 $363,400 $82,700
2022 $7,068 $385,200 $300,900 $84,300
2021 $6,439 $347,700 $273,600 $74,100
2020 $6,118 $344,500 $273,600 $70,900
2019 $5,932 $324,500 $260,600 $63,900
2018 $5,775 $320,300 $260,600 $59,700
2017 $5,529 $304,800 $248,200 $56,600
2016 $5,199 $299,800 $243,200 $56,600
2015 $5,523 $300,300 $243,200 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73285430

MLS Property Information Network (MLS PIN)

APN: WAYL-000042D-000000-000018