7 Carolina Way

FOR SALE
$579,900
7 Carolina Way, Norfolk
7 Carolina Way
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9307767
MLSID
Contact Us
Property Description
Welcome to your next chapter! This bright and spacious 2 bed 2 bath Butternut model bungalow is located in the active living community of The Villages of Long Point Bay. Cook, dine and relax in this open concept main floor. Living room boasting vaulted ceiling, fireplace and 180 degree windows with views of the tree lined backyard. The Kitchen with bar seating flows seamlessly to the dining room for all your entertaining needs. Primary bedroom offers a custom walk-in closet an additional reach in closet and 3 piece en-suite. Laundry room attached to garage. 2nd bedroom and a 4 piece bathroom complete the main floor. The basement is partially finished with a cozy living space as well as a hobby room/office, workshop and more! Take yourself outside to the large deck to enjoy the warmer weather and bask in the sights and sounds of nature.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-04 2024-02-29 119 $579,900 - Expired
Extras
Exclusive access and use of the clubhouse and grounds. $60.50 Monthly or $701.00 annually.
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
32' x 110'
Fronting
North
Taxes
$3,470 (2024)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain12.34' x 12.93'3 Pc Ensuite, W/I Closet, Closet
2nd BrMain11.15' x 10.99'Large Window, Hardwood Floor
FoyerMain5.74' x 8.60'Closet, Vinyl Floor
LaundryMain6.27' x 5.58'Access To Garage, Vinyl Floor
KitchenMain9.68' x 13.58'Vinyl Floor, O/Looks Dining, Pantry
DiningMain11.25' x 13.58'Hardwood Floor, W/O To Deck
LivingMain11.91' x 14.99'Fireplace, Hardwood Floor, Vaulted Ceiling
DenBsmt13.91' x 12.83'Broadloom
WorkshopBsmt15.42' x 16.01'Concrete Floor, Laundry Sink, Cedar Closet
UtilityBsmt7.51' x 18.01'Concrete Floor
OtherBsmt21.00' x 27.00'Combined W/Office, B/I Closet, Concrete Floor
Norfolk Market Statistics
Norfolk Price Trend
7 Carolina Way is a 2-bedroom 2-bathroom home listed for sale at $579,900, which is $27,077 (4.5%) lower than the average sold price of $606,977 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Norfolk declined by $297,983 (32.9%) compared to the previous 30 day period (July 22 - August 20) and up $6,977 (1.2%) from the same time one year ago.
Inventory Change
There were 9 2-bedroom homes listed in Norfolk over the last 30 days (August 21 - September 19), which is up 50.0% compared with the previous 30 day period (July 22 - August 20) and down 18.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold $2,277 (0.4%) above asking price over the last 30 days (August 21 - September 19), which represents a $47,237 increase compared to the previous 30 day period (July 22 - August 20) and ($20,371) 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 2-bedroom homes in Norfolk over the last 30 days (August 21 - September 19) stood at 100.0%, down from 166.7% over the previous 30 days (July 22 - August 20) and up from 63.6% 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 55 days when successfully sold over the last 30 days (August 21 - September 19), compared to 107 days before being removed from the market upon being suspended or terminated.
Listing contracted with Our Neighbourhood Realty Inc.
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