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1205 Magnolia Dr # 1205, Wayland MA 01778

Wayland, MA 01778
$1,225,000
Est. $8,713/month
2
Beds
2.5
Baths
2,700
Sq Ft
$454
Price/Sq Ft
1999
Year Built
9
Days on Market
Closed Listed Jun 2, 2025 • MLS# 73383606 Copied!

About this home

Rarely available "Magnolia Model" town house in The Meadows features an exceptional floor plan with a living room AND family room on the first floor separated by a gas fireplace together with a lovely primary suite with spa bath, sparkling white chef’s kitchen with high end appliances and eating nook and dining room with access to private deck. The perfect floor plan for entertaining and one level living!! The 2nd floor provides a large multi-purpose loft overlooking the living room and a spacious guest bedroom w/ full bathroom. This corner unit has an abundance of natural light, loads of storage space and an unfinished lower level which can be transformed into additional living space. Convenient to all major commuter routes, shopping and restaurants but nestled amongst acres of conservation land and walking trails.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1999
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,700 sq ft
Total Rooms
7
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,150,000
Final Sale Price: $1,225,000
Difference: +$75,000 (+6.5%)
Performance Metrics
106.5%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $426
Sale $/sq ft: $454
This property sold for $454 per square foot
Sale Summary

This property sold for 6.5% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$454/sq ft
Area Average
$404/sq ft
Difference
+12.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1999
Living Area 2,700 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet
Appliances Range, Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace Family Room, Living Room
Fireplaces 1
Basement Y
Laundry First Floor, In Unit
Features Loft

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Deck
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Other
Gas None
Other None

Financial

Annual Tax $16,082
Assessed Value $1,028,900

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features: Loft
Windows: Skylight(s)
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1999
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Other
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Family Room, Living Room
Community Amenities: Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, Public School, Adult Community

Location

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Neighborhood

1205 Magnolia Dr # 1205, Wayland MA 01778

Wayland, MA 01778

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,340
Homeowners Insurance $200
HOA Fee $979/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

30.7%
Price Range
10
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Aug 1, 2025
$1,225,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Jun 2, 2025
$1,150,000
Original listing
Agent: Donahue Maley and Burns Team Office: Compass
Previous Transaction - MLS #71994816
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 28, 2016
$849,000
MLS #71994816

Price & Status History

Date Event Price Change
Jun 2, 2025 New Listing Added $1,150,000
Jul 28, 2016 Sold $849,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$454

Tax History

Year Taxes Assessment
2025 $16,082 $1,028,900

Financial Details

Annual Property Tax
$16,082
Tax Year 2025
HOA Fee
$979
Monthly
Assessed Value
$1,028,900

Listing Information

Listing Agent Donahue Maley and Burns Team
Listing Office Compass
Agent MLS ID TM003438
Office MLS ID AN5216
Listing Data Updated Aug 1, 2025 1:59 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Wayland, MA

Real-time market trends and pricing data for this area

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