280 Lipchey Rd
Rural King, King, L3Y 4V9
FOR SALE
$1,549,000
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2 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSN8092596
MLSIDContact Us
Property Description
10 Acres, Lots Of Parking, Almost 3000 Square Feet Of Living Space W 4 Bedrooms. New roof/Windows/Kitchen. Upgraded top to bottom. Walk-Out Bsmt W/Sep Entrance. 3 Minutes To Red Crest Golf Course And The Holland Marsh Wineries. Close To Downtown Newmarket And Highway 400, 404 Access. PreparedAnd Being Farmed. Bonus 80'X40' Barn With 10' Ceilings adds more value. Very productive land. Good opportunity to buy before the market changes which is coming soon.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-24 | 2024-02-24 | 184 | $1,549,000 | - | Expired |
| 2023-01-12 | 2023-07-12 | 182 | $1,850,000 | - | Expired |
| 2020-09-07 | 2020-09-23 | 17 | $789,800 | $840,000 | Sold |
Extras
Inclusions: All Existing Appliances, All Existing Window Coverings, All Existing Light Fixtures,Owned Hot Water Heater, Owned Water Purifier, Owned Softener, Owned Air Conditioning, Owned Furnace,Rented Propone Tank
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
661' x 664'
Acreage
5-9.99
Fronting
North
Taxes
$1,889 (2023)
Basement
Fin W/O, Sep Entrance
Exterior
Shingle, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
13
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.27' x 19.13' | Eat-In Kitchen, Above Grade Window |
| Living | Main | 18.27' x 19.13' | Combined W/Kitchen, W/O To Deck |
| Foyer | Main | 18.70' x 4.23' | 3 Pc Bath |
| Br | Main | 9.84' x 11.12' | 3 Pc Ensuite, W/I Closet, W/O To Balcony |
| 2nd Br | Main | 9.35' x 13.09' | O/Looks Frontyard, Closet |
| 3rd Br | Lower | 14.83' x 10.50' | |
| 4th Br | Lower | 7.84' x 8.89' | |
| Rec | Lower | 14.83' x 16.86' | |
| Kitchen | Lower | 19.23' x 8.50' | |
| Living | Lower | 19.49' x 9.15' |
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King Market Statistics
King Price Trend
280 Lipchey Rd is a 2-bedroom 3-bathroom home listed for sale at $1,549,000, which is $2,001,000 (56.4%) lower than the average sold price of $3,550,000 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 2 bedroom home in King increased by $1,875,000 (111.9%) compared to the previous 30 day period (February 28 - March 28) and up $2,270,000 (177.3%) from the same time one year ago.Inventory Change
There were 0 2-bedroom homes listed in King over the last 30 days (March 29 - April 27), which is down 100.0% compared with the previous 30 day period (February 28 - March 28) and down 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in King typically sold ($49,000) (1.4%) below asking price over the last 30 days (March 29 - April 27), which represents a $275,900 increase compared to the previous 30 day period (February 28 - March 28) and $181,000 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 2-bedroom homes in King over the last 30 days (March 29 - April 27) stood at ∞, up from 20.0% over the previous 30 days (February 28 - March 28) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in King stood at 32 days when successfully sold over the last 30 days (March 29 - April 27), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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