242 Park Ave

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242 Park Ave, Newmarket
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3 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
N4217357
MLSID
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Property Description
Completely Redone 1900 Sq Ft Bungalow In One Of The Nicest Areas In Newmarket. Walk Out Basement With 2 Bedrooms 1100 Sq Ft In-Law Suite. Rebuilt In 2012 With New Plumbing, Electrical, Heating, Insulation Etc. Private Back Yard With Stone Patio, Covered In Patio Area With Workroom, Pondless Waterfall With Deck, Garden Shed. Numerous Other Features. Beautiful Home And Property Within A Easy Walk To Downtown Newmarket
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-02-01 2019-04-27 84 $1,099,000 $975,000 Sold
2018-11-06 2018-12-27 51 $1,300,000 - Suspended
Extras
3 Fridges, 2 Stoves, 2 Dishwashers, Water Softener, Security Camera System, Skylights, Sun Tunnel, Wood Burning Fireplace With Electric Insert Upstairs, Gas Fireplace Downstairs. Exclude - Freezer
Property Features
Fenced Yard, Wooded/Treed
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
43' x 150'
Lot Irregularities
As Per Survey
Fronting
South
Taxes
$5,865 (2018)
Basement
Apartment, Fin W/O
Exterior
Alum Siding, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.63' x 17.55'Hardwood Floor, Fireplace, Open Concept
DiningMain13.12' x 16.73'Hardwood Floor, Skylight, Open Concept
KitchenMain11.48' x 13.12'Hardwood Floor, Open Concept
MasterMain15.98' x 16.27'Broadloom, Bay Window, Double Closet
2nd BrMain13.02' x 15.42'Broadloom, Double Closet
3rd BrMain11.48' x 15.85'Broadloom, Double Closet
KitchenLower11.12' x 11.61'Ceramic Floor
DiningLower13.71' x 13.78'Laminate, W/O To Patio, Bay Window
LivingLower13.78' x 14.44'Laminate, Fireplace, Bay Window
BrLower12.80' x 14.99'Laminate, Double Closet
BrLower8.14' x 12.80'Laminate
Newmarket Market Statistics
Newmarket Price Trend
242 Park Ave is a 3-bedroom 4-bathroom home listed for sale at $1,300,000, which is $182,075 (16.3%) higher than the average sold price of $1,117,925 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $42,568 (4.0%) compared to the previous 30 day period (February 23 - March 23) and up $11,626 (1.1%) from the same time one year ago.
Inventory Change
There were 61 3-bedroom homes listed in Newmarket over the last 30 days (March 24 - April 22), which is down 9.0% compared with the previous 30 day period (February 23 - March 23) and down 6.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $5,977 (0.5%) above asking price over the last 30 days (March 24 - April 22), which represents a $48,259 decrease compared to the previous 30 day period (February 23 - March 23) and $45,809 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 3-bedroom homes in Newmarket over the last 30 days (March 24 - April 22) stood at 91.8%, up from 49.3% over the previous 30 days (February 23 - March 23) and up from 70.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Newmarket stood at 11 days when successfully sold over the last 30 days (March 24 - April 22), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Future Realty Inc., Brokerage
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