197 Commonwealth Rd
Wayland, MA 01778
3 bd 1 ba 1,638 sqft Built 1897 Lot 34,412 sqft single_family
Most recent sale
$495,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $495,000 | MLS #72994132 |
| Aug 13, 2022 | Listing removed | $500,000 | MLSPIN |
| Jul 8, 2022 | Listing removed | $500,000 | MLSPIN |
| Jun 24, 2022 | Relisted | $500,000 | MLS #72995487 |
| Jun 22, 2022 | Listing removed | $500,000 | MLSPIN |
| Jun 9, 2022 | Listed | $500,000 | MLS #72995487 |
| Jun 8, 2022 | Listed | $500,000 | MLS #72994132 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $93,000 | $474,800 | $567,800 | $8,410 |
| 2023 | $230,600 | $411,200 | $641,800 | $10,686 |
| 2022 | $209,100 | $340,500 | $549,600 | $10,085 |
| 2021 | $209,100 | $316,500 | $525,600 | $9,734 |
| 2020 | $209,100 | $316,500 | $525,600 | $9,335 |
| 2019 | $191,100 | $301,600 | $492,700 | $9,007 |
| 2018 | $174,500 | $301,600 | $476,100 | $8,584 |
| 2017 | $172,100 | $287,200 | $459,300 | $8,332 |
| 2016 | $159,000 | $281,600 | $440,600 | $7,640 |
| 2015 | $151,200 | $281,600 | $432,800 | $7,959 |
| 2014 | $140,500 | $256,000 | $396,500 | $7,268 |
| 2006 | $131,500 | $290,500 | $422,000 | $5,292 |
| 2005 | $117,400 | $233,600 | $351,000 | $4,416 |
| 2004 | $109,200 | $233,600 | $342,800 | $4,501 |
| 2003 | $109,200 | $233,600 | $342,800 | $4,292 |
Property facts
Year built
1897
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,638 sqft
Lot size
34,412 sqft
ZIP code
01778
City
Wayland
Street
Commonwealth Rd
Coordinates
42.31835, -71.36129
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,750
Gross rental yield
11.52%
Implied cap rate
7.48%
Trend-extrapolated value
—
Frequently asked questions
When did 197 Commonwealth Rd last sell?
197 Commonwealth Rd most recently sold on Oct 7, 2022 for $495,000.
What is the current tax assessment for 197 Commonwealth Rd?
The most recent total assessment for 197 Commonwealth Rd (year 2024) is $567,800 with $8,410 in property tax.
How does 197 Commonwealth Rd's assessment compare to its last sale price?
The current assessment is 14.7% above the last sale price of $495,000.
When was 197 Commonwealth Rd built?
197 Commonwealth Rd was built in 1897.
How does 197 Commonwealth Rd compare to others on Commonwealth Rd?
We track 8 other properties on Commonwealth Rd. Browse the list under "Other properties on Commonwealth Rd" to compare beds, baths, and sale history.
What are the property facts for 197 Commonwealth Rd?
197 Commonwealth Rd is a 3 bed, 1 bath, 1,638 sqft, 34,412 sqft lot single_family.
Is 197 Commonwealth Rd a flip candidate?
No — 197 Commonwealth Rd does not appear in our flips dataset.
Is 197 Commonwealth Rd a tax-appeal candidate?
No — 197 Commonwealth 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
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.2M
2026 Q4
$1.18M
ZIP 01778 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commonwealth Rd