1274 2nd Conc Rd

FOR SALE
$699,000
1274 2nd Conc Rd, Norfolk
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
1274 2nd Conc Rd
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X8407962
MLSID
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Property Description
Bungalow + approx. 5,568 sq. ft. building on 6 acres. Great Opportunity and location for a User to live/work from home and/or investor. Great exposure on Lakeshore Rd. (Hwy 42) Port Rowan. The property is being sold with vacant possession of house and building. The building is currently divided into approx. 3,886 that was previously tenanted and owner uses approx. 1682 sq.ft. as workshop.
Extras
Note! There is a dog on property. Minimum 24 hours notice for showings and normal business hours preferred. Building is rented and need arrangement to show. Please do not go direct.
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
6' x 1'
Lot Irregularities
Irregular Corner Lot
Fronting
North
Taxes
$4,086 (2023)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Other
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenGround7.74' x 13.71'
LivingGround13.12' x 21.00'
DiningGround10.24' x 11.15'
Prim BdrmGround11.29' x 12.73'
2nd BrGround9.22' x 10.40'
3rd BrGround9.48' x 10.93'
RecBsmt12.70' x 30.97'
4th BrBsmt12.60' x 12.70'
Norfolk Market Statistics
Norfolk Price Trend
1274 2nd Conc Rd is a 3-bedroom 1-bathroom home listed for sale at $699,000, which is $129,625 (22.8%) higher than the average sold price of $569,375 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Norfolk declined by $27,730 (4.6%) compared to the previous 30 day period (July 22 - August 20) and down $71,339 (11.1%) from the same time one year ago.
Inventory Change
There were 17 3-bedroom homes listed in Norfolk over the last 30 days (August 21 - September 19), which is up 30.8% compared with the previous 30 day period (July 22 - August 20) and down 19.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold $837 (0.1%) above asking price over the last 30 days (August 21 - September 19), which represents a $7,763 increase compared to the previous 30 day period (July 22 - August 20) and ($16,185) more 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 Norfolk over the last 30 days (August 21 - September 19) stood at 47.1%, down from 146.2% over the previous 30 days (July 22 - August 20) and up from 33.3% 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 Norfolk stood at 105 days when successfully sold over the last 30 days (August 21 - September 19), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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