5070 Highway 9
Rural King, King, L0G 1T0
FOR SALE
$3,199,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSN6629058
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Property Description
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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-11-08 | 2023-06-30 | 234 | $3,199,000 | - | Terminated |
Extras
All Appliances, All Window Coverings, All Elf's.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
1,047' x 919'
Acreage
10-24.99
Fronting
North
Taxes
$6,056 (2022)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
5
Driveway
Private
Garage Type
Attached
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King Market Statistics
King Price Trend
5070 Highway 9 is a 3-bedroom 2-bathroom home listed for sale at $3,199,000, which is $1,148,400 (56.0%) higher than the average sold price of $2,050,600 in the last 30 days (March 28 - April 26). 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 27 - March 27) and up $330,215 (19.2%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in King over the last 30 days (March 28 - April 26), which is up 23.5% compared with the previous 30 day period (February 27 - March 27) and down 8.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in King typically sold ($83,599) (4.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $46,746 increase compared to the previous 30 day period (February 27 - March 27) 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 28 - April 26) stood at 23.8%, down from 64.7% over the previous 30 days (February 27 - March 27) and down from 30.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in King stood at 19 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Specialists Team Sukhvinder
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