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Property Description
Prime 2 Acre Building Lot In King For Sale! Rare Opportunity For Custom Builder Or To Build Your Dream Home. Current Home Is Rentable But Requires Improvement 3 Bedroom Home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-16 | 2024-03-08 | 174 | $2,980,000 | - | Terminated |
| 2023-03-22 | 2023-09-16 | 178 | $2,980,000 | - | Terminated |
| 2022-09-06 | 2023-03-22 | 197 | $3,250,000 | - | Terminated |
| 2021-11-01 | 2022-05-31 | 211 | $3,250,000 | - | Expired |
| 2021-07-05 | 2021-10-31 | 118 | $2,998,000 | - | Expired |
| 2021-02-23 | 2021-06-04 | 100 | $2,998,000 | - | Suspended |
| 2019-01-22 | 2019-08-21 | 211 | $2,399,990 | - | Expired |
| 2018-09-18 | 2019-01-21 | 125 | $2,399,990 | - | Terminated |
Nearby Intersections
Keele & King (39)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
143' x 615'
Acreage
2-4.99
Lot Irregularities
Two Acres
Fronting
West
Taxes
$7,026 (2023)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
20
Driveway
Private
Garage Type
None
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King Market Statistics
King Price Trend
194 Martin St is a 3-bedroom 1-bathroom home listed for sale at $2,949,000, which is $898,400 (43.8%) higher than the average sold price of $2,050,600 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in King increased by $282,419 (16.0%) compared to the previous 30 day period (February 28 - March 28) and up $330,215 (19.2%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in King over the last 30 days (March 29 - April 27), which is up 23.5% compared with the previous 30 day period (February 28 - March 28) and down 4.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($83,599) (4.1%) below asking price over the last 30 days (March 29 - April 27), which represents a $46,746 increase compared to the previous 30 day period (February 28 - March 28) and ($52,457) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in King over the last 30 days (March 29 - April 27) stood at 23.8%, down from 64.7% over the previous 30 days (February 28 - March 28) and down from 31.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in King stood at 19 days when successfully sold over the last 30 days (March 29 - April 27), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Intercity Realty Inc.
Similar Listings
A Very Unique And Rare Find With A Beautiful Bungalow Situated On 12.4 Acres. Located Minutes Away From Highway 400. It Features Approximately 2000 Sqft Bungalow With Attached 2 Car Garage And Loads Of Parking. Attention Investors: Great Potential Use For Future Commercial Use With Prime Location.
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