NOT LISTED FOR SALE

7 Folsom Pond Rd Wayland, MA 01778

Estimated Value: $1,563,000 - $1,735,000

4 Beds
3 Baths
3,702 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $1,010,000 $273 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,260/month

11 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Forced Air Heating and Cooling System
  • Wayland High School Rated A+
  • Wood Flooring

About This Home

As of October 2018

This handsome brick-front Colonial is majestically situated on a private, ended way in a coveted Wayland location. The floor plan is ideal and has something for everyone in the family. There is a front-to-back, fireplaced living room, elegant dining room, private office and sun room with walls of glass and gorgeous views to the outside. The eat-in kitchen, with its granite countertops and rich cherry cabinets, has an adjoining family room with vaulted ceilings and impressive stone fireplace. The second floor offers a generous master suite with an updated bath and walk-in closet as well as three well-proportioned, family bedrooms. The finished lower level features play and bonus rooms with a wood stove, desk area and great storage. Enjoy the outdoor space, which includes a relaxing deck, expansive grounds, mature plantings, picturesque stone walls and serene backyard. A beautiful home in an idyllic spot, plus it's priced below assessment!

Last Listed By

Lisa Curlett

Compass Listed on: 08/28/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,905

Year Built

  • Built in 1980

Lot Details

  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned R60

Parking

  • 2 Car Garage

Interior Spaces

  • Window Screens
  • Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:11 L:069

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,905

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 275.53
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Wall Oven, Dishwasher, Microwave, Countertop Range, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 4: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 10
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Wainscoting
  • Family Room: On Level: First Floor, Fireplace, Ceiling - Cathedral, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Deck - Exterior, Exterior Access, Slider
  • Laundry: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Interior Access, Garage Access, Radon Remediation System
  • Other Room 1: Name: Office, On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Other Room 2: Name: Sun Room, On Level: First Floor, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Slider
  • Other Room 3: Name: Play Room, On Level: Basement, Wood / Coal / Pellet Stove, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Other Room 4: Name: Bonus Room, On Level: Basement, Closet - Cedar, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Main Lo: AN2383
  • Main So: M59500
  • Estimated Sq Ft: 3702.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood, Brick
  • Exterior Features: Deck, Gutters, Professional Landscaping, Sprinkler System, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Oil, Electric
  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Public School

Schools

  • Elementary School: Claypit Hill
  • Middle School: WMS
  • High School: WMS

Lot Info

  • Assessments: 1057000.00
  • Acre: 1.63
  • Lot Size: 71003.00
  • Page: 9
  • Parcel Number: M:11 L:069
  • Zoning: R60
  • Lot Description: Wooded, Paved Drive, Easements

Green Features

  • Energy Features: Storm Windows, Storm Doors, Prog. Thermostat

Tax Info

  • Taxes: 19058.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 16, 2018
Sold by
Shen Huanmin and Zhang Zaozao
Bought by
Zhang Yinong and Zhang Holly
Seller's Agent
Lisa Curlett
Compass
Buyer's Agent
Tracey Knox
William Raveis R.E. & Home Services
List Price
$1,020,000
Sold Price
$1,010,000
Premium/Discount to List
-$10,000
-0.98%
Total Days on Market
11
Current Estimated Value
$1,648,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,747
Avg. Annual Appreciation
8.63%
Original Mortgage
$808,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2017
Sold by
Shen Huanmin and Zhang Zaozao
Bought by
Shen Huanmin and Zhang Zaozao

Purchase Details

Closed on
Mar 28, 2017
Sold by
Zhang Zaozao and Shen Huanmin
Bought by
Shen Huanmin and Zhang Zaozao

Purchase Details

Listed on
Apr 29, 2015
Closed on
Aug 11, 2015
Sold by
Gilbert James and Gilbert Anne
Bought by
Shen Huanmin and Zhang Zaozao
Seller's Agent
Liz Kincannon
Coldwell Banker Realty - Weston
Buyer's Agent
Angela Wang
Coldwell Banker Realty - Northborough
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%

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 Buyer Sale Price Title Company
Zhang Yinong $1,010,000 --
Shen Huanmin -- --
Shen Huanmin -- --
Shen Huanmin $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yinong $792,000
Closed Zhang Yinong $808,000
Previous Owner Gilbert James $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $1,010,000 -1.0% $273 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $1,020,000 -7.3% $276 / Sq Ft
08/11/2015 08/11/15 Sold $1,100,000 0.0% $352 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
05/20/2015 05/20/15 Off Market $1,100,000 -- --
04/29/2015 04/29/15 For Sale $1,199,000 -- $384 / 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 $24,905 $1,593,400 $698,900 $894,500
2024 $23,584 $1,519,600 $665,500 $854,100
2023 $22,060 $1,324,900 $605,400 $719,500
2022 $21,758 $1,185,700 $515,500 $670,200
2021 $0 $1,147,600 $477,400 $670,200
2020 $20,381 $1,147,600 $477,400 $670,200
2019 $19,828 $1,084,700 $455,000 $629,700
2018 $5,395 $1,057,000 $428,900 $628,100
2017 $18,570 $1,023,700 $415,400 $608,300
2016 $17,378 $1,002,200 $424,500 $577,700
2015 $18,184 $988,800 $424,500 $564,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72385163

MLS Property Information Network (MLS PIN)

APN: WAYL-000011-000000-000069