12 Somerset Ave

Gibson, Hamilton, L8L 2L5
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12 Somerset Ave, Hamilton
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X3855465
MLSID
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Property Description
Stunning 3 Bed Character Family Home With Modern Finishes In Downtown Hamilton. Professionally Renovated Top To Bottom With Building Permits. Close Access To New Schools, Gage Park, Tim Horton's Field, Public Transit, Lrt Line And More! Open Concept Main Floor With High End Finishes Throughout. Large Kitchen With Plenty Of Cabinet Space Features Breakfast Bar, Quartz Counters, Subway Tile Backsplash & Shaker Cabinets. New Electrical, Plumbing, Hvac And More!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-08-18 2021-08-20 2 $569,900 $630,000 Sold
2021-05-12 2021-06-14 33 $619,900 - Terminated
2021-05-06 2021-05-12 6 $589,900 - Terminated
Extras
Crown Molding Throughout Main Floor And Walkout To Beautiful Back Deck And Fully Fenced Yard. Laundry Also On Main Floor. Upstairs Features 3 Beds And Custom 4-Piece Bathroom. Plenty Of Storage Space In The Dry, Clean Basement And Attic.
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Lot Size
24' x 90'
Fronting
South
Taxes
$2,054 (2017)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain36.15' x 49.31'Eat-In Kitchen
DiningMain39.44' x 39.40'
LivingMain29.72' x 49.31'
Br2nd29.82' x 29.63'
2nd Br2nd32.97' x 29.63'
3rd Br2nd26.54' x 42.81'
Loft3rd111.71' x 55.87'
RecBsmt107.61' x 50.20'
Hamilton Market Statistics
Hamilton Price Trend
12 Somerset Ave is a 3-bedroom 1-bathroom home listed for sale at $459,000, which is $397,540 (46.4%) lower than the average sold price of $856,540 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $2,801 (0.3%) compared to the previous 30 day period (March 9 - April 7) and down $4,104 (0.5%) from the same time one year ago.
Inventory Change
There were 359 3-bedroom homes listed in Hamilton over the last 30 days (April 8 - May 7), which is up 23.8% compared with the previous 30 day period (March 9 - April 7) and up 44.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($6,571) (0.8%) below asking price over the last 30 days (April 8 - May 7), which represents a $1,067 decrease compared to the previous 30 day period (March 9 - April 7) and ($8,808) 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 Hamilton over the last 30 days (April 8 - May 7) stood at 62.7%, down from 84.8% over the previous 30 days (March 9 - April 7) and down from 83.1% 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 Hamilton stood at 22 days when successfully sold over the last 30 days (April 8 - May 7), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty, Brokerage
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