7 Chestnut St

FOR SALE
$434,000
7 Chestnut St, Norfolk
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X9394641
MLSID
Contact Us
Property Description
Lovely home situated short walking distance to all of Port Rowan's Amenities, Port Rowan Harbour, & Long Point Bay. Three Bedrooms Detached Garage. Pristine Clean! Shows 10 +++ Lovely Gazebo in Backyard.
Extras
Furnace (2017), Air Conditioning (2012), Roof (2015), 48hr Irrevocable for all Offers
Property Features
Beach, Marina, Park
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
56' x 135'
Acreage
< .50
Lot Irregularities
Irregular
Fronting
North
Taxes
$2,686 (2024)
Basement
Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain12.70' x 11.25'Hardwood Floor, W/O To Deck
KitchenMain16.57' x 11.61'Tile Floor
Prim BdrmMain9.02' x 23.06'Hardwood Floor, Large Closet, Window
RecLower10.86' x 30.18'Tile Floor, Window
LaundryLower13.29' x 10.99'
2nd BrLower10.04' x 10.99'Tile Floor, 2 Pc Ensuite
Norfolk Market Statistics
Norfolk Price Trend
7 Chestnut St is a 2-bedroom 2-bathroom home listed for sale at $434,000, which is $132,044 (23.3%) lower than the average sold price of $566,044 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 2 bedroom home in Norfolk declined by $40,933 (6.7%) compared to the previous 30 day period (August 22 - September 20) and down $74,356 (11.6%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Norfolk over the last 30 days (September 21 - October 20), which is up 11.1% compared with the previous 30 day period (August 22 - September 20) and down 23.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold ($17,011) (3.0%) below asking price over the last 30 days (September 21 - October 20), which represents a $19,288 decrease compared to the previous 30 day period (August 22 - September 20) and ($14,960) 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 (September 21 - October 20) stood at 90.0%, down from 100.0% over the previous 30 days (August 22 - September 20) and up from 38.5% 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 31 days when successfully sold over the last 30 days (September 21 - October 20), compared to 117 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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