520 Fairground Rd W

FOR SALE
$995,000
520 Fairground Rd W, Norfolk
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
520 Fairground Rd W
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2 + 3
BEDROOMS
6
BATHROOMS
1
KITCHENS
6 + 6
ROOMS
X11985052
MLSID
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Property Description
Welcome to your dream home where country charm meets modern convenience! This stunning brick and stone exterior with modern day design 4-year-old bungalow boasts 5 bedrooms & 3 bath all with quartz countertops. Sits majestically on a spacious just over half an acre lot backing onto a picturesque farmers field with a 24 x 44 Heated & A/C Shop with auto remote for the doors. Step inside to discover an inviting open-concept living space, featuring a stylish kitchen equipped with a gas stove, large island all with quartz countertops and a spacious walk-in Pantry. Living room walk out patio doors leading to a large covered deck with overhead ceiling fan, pot lights, & BBQ gas hookup. Primary bedroom including walk-in closet & a luxurious 5 piece ensuite complete with a walk-in shower. Main floor laundry. finished basement, three additional generously sized bedrooms, 4 piece bath. The finished basement is an entertainer's paradise, a sizable family room, a dedicated rec room for your pool table that is included. Outside, the backyard oasis awaits, featuring a covered deck ideal for dining, Plus, rest easy knowing your furry friends are safe with an heated dog kennel. Additional features include a 2 door car garage heated with auto remote and ample parking RV, Big truck, Boat come check it out for yourself.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-22 2024-08-31 162 $995,000 - Expired
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
102' x 254'
Acreage
.50-1.99
Fronting
North
Taxes
$6,186 (2024)
Basement
Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain18.21' x 13.35'
LivingMain12.63' x 23.26'
BathroomMain8.63' x 7.97'4 Pc Bath
BathroomMain11.81' x 12.93'5 Pc Ensuite
BrMain16.70' x 16.77'
2nd BrMain10.14' x 13.32'
DiningMain21.13' x 9.58'
3rd BrBsmt12.76' x 14.99'
4th BrBsmt12.76' x 14.86'
5th BrBsmt11.81' x 15.32'
BathroomBsmt8.96' x 9.25'4 Pc Bath
FamilyBsmt20.83' x 24.15'
Norfolk Market Statistics
Norfolk Price Trend
520 Fairground Rd W is a 2-bedroom 6-bathroom home listed for sale at $995,000, which is $158,000 (18.9%) higher than the average sold price of $837,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Norfolk declined by $413,000 (33.0%) compared to the previous 30 day period (December 22 - January 20) and up $470,944 (128.7%) from the same time one year ago.
Inventory Change
There were 8 2-bedroom homes listed in Norfolk over the last 30 days (January 21 - February 19), which is up 60.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold ($29,966) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $19,034 increase compared to the previous 30 day period (December 22 - January 20) and ($14,018) 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 (January 21 - February 19) stood at 75.0%, up from 20.0% over the previous 30 days (December 22 - January 20) and down from 1,250.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 6-bathroom home in Norfolk stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Centre City Realty Inc.
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