1196 Merrimac Rd
Wayland, IA 52654
4 bd 2 ba 1,892 sqft Built 1880 Lot 47,916 sqft single_family
Most recent sale
$249,000
Jul 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 4, 2022 | Sold | $249,000 | Public Record |
| Jul 11, 2022 | Sold | $249,000 | MLS #202202781 |
| May 11, 2022 | Listed | $249,000 | MLS #6193747 |
| Apr 3, 2012 | Sold | $124,900 | MLS #5369249 |
| Mar 23, 2012 | Sold | $124,900 | MLS #20121105 |
| Mar 15, 2012 | Listing removed | $124,900 | Washingtonia |
| Feb 17, 2012 | Listed | $124,900 | MLS #20121105 |
| Mar 26, 2008 | Sold | $76,000 | Public Record |
| Apr 13, 2006 | Sold | $128,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $171,250 | $20,300 | $191,550 | $2,400 |
| 2024 | $171,250 | $20,300 | $191,550 | $2,254 |
| 2023 | $152,330 | $20,300 | $172,630 | $2,376 |
| 2022 | $122,110 | $20,300 | $142,410 | $2,228 |
| 2021 | $122,110 | $20,300 | $142,410 | $2,178 |
| 2020 | $114,480 | $20,300 | $134,780 | $2,104 |
| 2019 | $114,480 | $20,300 | $134,780 | $1,988 |
| 2018 | $108,070 | $20,300 | $128,370 | $1,900 |
| 2015 | $98,800 | $20,300 | $119,100 | $1,864 |
| 2014 | $105,370 | $20,150 | $125,520 | $1,786 |
| 2013 | $105,370 | $20,150 | $125,520 | $1,714 |
| 2012 | $105,370 | $20,150 | $125,520 | $1,754 |
| 2008 | $105,370 | $20,150 | $125,520 | $1,406 |
Property facts
Year built
1880
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,892 sqft
Lot size
47,916 sqft
ZIP code
52654
City
Wayland
Street
Merrimac Rd
Coordinates
41.07768, -91.67887
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,838
Gross rental yield
13.68%
Implied cap rate
8.89%
Trend-extrapolated value
—
Frequently asked questions
When did 1196 Merrimac Rd last sell?
1196 Merrimac Rd most recently sold on Jul 11, 2022 for $249,000.
What is the current tax assessment for 1196 Merrimac Rd?
The most recent total assessment for 1196 Merrimac Rd (year 2025) is $191,550 with $2,400 in property tax.
How does 1196 Merrimac Rd's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $249,000.
When was 1196 Merrimac Rd built?
1196 Merrimac Rd was built in 1880.
How does 1196 Merrimac Rd compare to others on Merrimac Rd?
We track 3 other properties on Merrimac Rd. Browse the list under "Other properties on Merrimac Rd" to compare beds, baths, and sale history.
What are the property facts for 1196 Merrimac Rd?
1196 Merrimac Rd is a 4 bed, 2 bath, 1,892 sqft, 47,916 sqft lot single_family.
Is 1196 Merrimac Rd a flip candidate?
No — 1196 Merrimac Rd does not appear in our flips dataset.
Is 1196 Merrimac Rd a tax-appeal candidate?
No — 1196 Merrimac Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2025 Q1
$163.5K
2025 Q2
$163.5K
ZIP 52654 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merrimac Rd