3162 King St

Lincoln, L0R 2C0
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3162 King St, Lincoln
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3 + 3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 7
ROOMS
X4243981
MLSID
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Property Description
Picturesque 1.38 Acre Wooded Ravine Property With Sprawling 1,742 Sqft Custom Built (1967) 3+3 Bedroom One Owner Bungalow, Situated On A Quiet Laneway Off King Street, Nestled In The Escarpment On Prime Vineland Location. Country Property With All City Services (Natural Gas, Municipal Water & Sewers). Just A Short Walk To The Scenic Bruce Trail Or Walk Down To The Village Shops, Wineries & Restaurants. Just 10 Min. To The Q.E.W.. Don't Miss This Opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-13 2022-04-20 9 $1,259,900 $1,150,000 Sold
2022-04-13 2022-04-20 9 $1,259,900 $1,150,000 Sold
Extras
Stove & Fridge, Washer & Dryer, Central Air Cond, Natural Gas Boiler, Central Vacuum, All Light Fixtures & Window Coverings, Garage Openers + Remotes; 50Yr Shingles (2014), 12'X12' Screened-In Gazebo.Riding Mower & Garage Items: Negotiable.
Property Features
Cul De Sac, Ravine, Sloping, Wooded/Treed
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
317' x 244'
Acreage
.50-1.99
Lot Irregularities
243.09Ft X 210.57Ft West Side
Fronting
South
Taxes
$5,386 (2018)
Basement
Finished, Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.09' x 16.24'Hardwood Floor, Large Window, Crown Moulding
DiningMain10.33' x 13.09'Hardwood Floor, Picture Window, Formal Rm
KitchenMain11.84' x 11.84'O/Looks Backyard, Eat-In Kitchen, Pocket Doors
FamilyMain11.91' x 14.93'Laminate, W/O To Patio, B/I Shelves
MasterMain14.50' x 14.60'Hardwood Floor, 2 Pc Bath, Double Closet
2nd BrMain10.50' x 13.02'Hardwood Floor, W/W Closet, O/Looks Ravine
3rd BrMain9.42' x 11.25'Hardwood Floor, O/Looks Garden, Double Closet
LaundryMain5.51' x 11.84'W/O To Patio, Double Closet, Access To Garage
OfficeBsmt11.42' x 14.93'B/I Desk, Broadloom, B/I Shelves
4th BrBsmt10.43' x 12.86'Broadloom, Window
5th BrBsmt10.50' x 16.11'Broadloom, Window
RecBsmt12.93' x 31.99'W/W Fireplace, Wet Bar, Window
Lincoln Market Statistics
Lincoln Price Trend
3162 King St is a 3-bedroom 3-bathroom home listed for sale at $699,900, which is $162,447 (18.8%) lower than the average sold price of $862,347 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Lincoln declined by $63,153 (6.8%) compared to the previous 30 day period (February 24 - March 24) and down $21,653 (2.4%) from the same time one year ago.
Inventory Change
There were 16 3-bedroom homes listed in Lincoln over the last 30 days (March 25 - April 23), which is up 77.8% compared with the previous 30 day period (February 24 - March 24) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Lincoln typically sold ($8,764) (1.0%) below asking price over the last 30 days (March 25 - April 23), which represents a $12,636 increase compared to the previous 30 day period (February 24 - March 24) and ($21,950) 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 Lincoln over the last 30 days (March 25 - April 23) stood at 106.2%, down from 111.1% over the previous 30 days (February 24 - March 24) and up from 60.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Lincoln stood at 8 days when successfully sold over the last 30 days (March 25 - April 23), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Enterprises Inc., Brokerage
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