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2
BEDROOMS2
BATHROOMS1
KITCHENS5 + 2
ROOMSX11945317
MLSIDContact Us
Property Description
Property being sold under Power of Sale and in "AS IS" condition with no representations or warranties of any kind.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
52' x 165'
Acreage
< .50
Fronting
East
Taxes
$2,112 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.58' x 13.75' | Eat-In Kitchen |
| Living | Main | 10.33' x 11.75' | |
| Foyer | Main | 6.50' x 13.75' | |
| Br | Main | 9.84' x 10.33' | |
| Br | Main | 8.92' x 10.07' | |
| Rec | Bsmt | 10.99' x 20.08' | |
| Other | Bsmt | 12.40' x 13.42' |
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Norfolk Market Statistics
Norfolk Price Trend
1 Queen St E is a 2-bedroom 2-bathroom home listed for sale at $395,000, which is $855,000 (68.4%) lower than the average sold price of $1,250,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Norfolk increased by $522,600 (71.8%) compared to the previous 30 day period (November 19 - December 18) and up $545,000 (77.3%) from the same time one year ago.Inventory Change
There were 3 2-bedroom homes listed in Norfolk over the last 30 days (December 19 - January 17), which is down 40.0% compared with the previous 30 day period (November 19 - December 18) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold ($49,000) (3.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $36,200 decrease compared to the previous 30 day period (November 19 - December 18) and $55,100 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 Norfolk over the last 30 days (December 19 - January 17) stood at 33.3%, down from 80.0% over the previous 30 days (November 19 - December 18) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Norfolk stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 108 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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