18 Lake Forest Dr

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18 Lake Forest Dr, Richmond Hill
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4 + 2
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
8 + 4
ROOMS
N4264365
MLSID
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Property Description
Rarely Seen In Market!! Gorgeous 4+2-Bedroom And 4+2-Bathroom Home In Jefferson Community, Richmond Hill. This Corner Lot Offers Extra Large Lot (51 Ft.X 115 Ft.) And Large Living Space (Approx. 3000 Sq. Ft.). This Property Features Extra Large Garden, 2-Skyelights Living Room, Extra-Large Master And 2nd Bedroom With 4-Piece Ensuite Bath. Well Finished Basement Including 1 Rec Room, 1 Kitchen, 2 Bedrooms And 2 Bathrooms.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-10-11 2021-10-25 14 $1,798,800 $1,820,000 Sold
2021-09-20 2021-10-10 20 $1,688,000 - Terminated
2021-06-25 2021-07-02 7 $1,499,900 - Terminated
2018-11-08 2018-12-20 42 $1,177,000 $1,110,000 Sold
Extras
All Elfs, Fridges, Stoves, B/I Dishwasher, Gds W/ Remote, Cvac & Accessories, Cac.
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
51' x 115'
Fronting
South
Taxes
$6,329 (2018)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Richmond Hill Market Statistics
Richmond Hill Price Trend
18 Lake Forest Dr is a 4-bedroom 6-bathroom home listed for sale at $1,270,000, which is $664,890 (34.4%) lower than the average sold price of $1,934,890 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $38,827 (2.0%) compared to the previous 30 day period (February 26 - March 26) and up $50,702 (2.7%) from the same time one year ago.
Inventory Change
There were 166 4-bedroom homes listed in Richmond Hill over the last 30 days (March 27 - April 25), which is up 24.8% compared with the previous 30 day period (February 26 - March 26) and up 58.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $72,232 (3.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $4,083 increase compared to the previous 30 day period (February 26 - March 26) and $92,322 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 4-bedroom homes in Richmond Hill over the last 30 days (March 27 - April 25) stood at 49.4%, up from 47.4% over the previous 30 days (February 26 - March 26) and down from 84.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Master`S Trust Realty Inc., Brokerage
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