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198 Union Rd, Wales, MA, 01081

4beds
3baths
3,616sqft
$435,000
$120price/sqft
$3,607/moest. monthly cost
$144,280/yrincome needed

About This Home

Nestled in a desirable residential neighborhood, this spacious single-family home offers tremendous potential. With a little TLC, its solid structure and timeless charm can be beautifully restored. The property features a thoughtful layout, hardwood floors, a stunning fireplace living room, and ample space for entertaining. A great opportunity to create the home of your dreams! This property is eligible under the First Look Initiative which expires after 30 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

2/10
Wales Elementary SchoolGrades PK-62.0 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 3,616

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Other

Interior Area

  • Total structure area: 3,616
  • Total interior livable area: 3,616 sqft

Property

Details

  • Parcel number: M:1000 B:3060 L:01980,3500656
  • Zoning: UNK
  • Exclusions: Buyer Agent To Confirm All Information; Photos Are Edited To Improve Marketability. No Disclosures

Features

  • Exterior features: Other

Lot

  • Lot size: 1.75 Acres
  • Features: Other

Parking

  • Total spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,199$26,388
Home Insurance *$178$2,136
Property Taxes $517$6,204
Electricity $713$8,556
Total$3,607$43,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,668/yr
40% on housing$108,210/yr
45% on housing$96,186/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 01081$205
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01081$288
Hampden County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Price change$455,000
2026-02-17Price change$470,000
2026-01-09Price change$485,000
2025-12-07Price change$499,000
2025-10-23Price change$515,000
2025-09-02Listed for sale$530,000
2025-04-23Sold$363,188
2020-03-03Listing removed--
2020-02-14Listed for sale--

For Sale by Agent

AgentThe Ponte Group
BrokerageKeller Williams South Watuppa

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