194 Martin St

King City, King, L7B 1J5
FOR SALE
$2,899,000
194 Martin St, King
194 Martin St
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
N9247276
MLSID
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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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-08 2024-08-09 154 $2,949,000 - Terminated
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
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
$7,345 (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
King Market Statistics
King Price Trend
194 Martin St is a 3-bedroom 1-bathroom home listed for sale at $2,899,000, which is $709,638 (32.4%) higher than the average sold price of $2,189,362 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in King increased by $412,220 (23.2%) compared to the previous 30 day period (September 21 - October 20) and up $299,362 (15.8%) from the same time one year ago.
Inventory Change
There were 13 3-bedroom homes listed in King over the last 30 days (October 21 - November 19), which is down 40.9% compared with the previous 30 day period (September 21 - October 20) and up 44.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($190,987) (8.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $110,845 decrease compared to the previous 30 day period (September 21 - October 20) and ($115,199) 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 (October 21 - November 19) stood at 61.5%, up from 31.8% over the previous 30 days (September 21 - October 20) and up from 55.6% 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 44 days when successfully sold over the last 30 days (October 21 - November 19), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Intercity Realty Inc.
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