38 Oak St

Grimsby, L3M 3G7
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38 Oak St, Grimsby
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X4165973
MLSID
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Property Description
Welcome To 38 Oak St! This Home Has Been Completely Renovated. Complete New Plumbing Including Water Meter. New Abs From The Roof To The Safe Sewage Backup Valve In The Concrete Basement. The Electrical Was Updated From The Pole At The Road. The Windows Are New Including The Sliding Doors. The Front And Back Doors Are Insulated Fiberglass. The Insulation Was Replaced With Spray Foam Including The Attic And Basement Joist Corners. All Lights Are Led
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
44' x 83'
Fronting
West
Taxes
$2,840 (2017)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Grimsby Market Statistics
Grimsby Price Trend
38 Oak St is a 2-bedroom 2-bathroom home listed for sale at $399,900, which is $330,100 (45.2%) lower than the average sold price of $730,000 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom home in Grimsby declined by $112,500 (13.4%) compared to the previous 30 day period (February 19 - March 19) and up $111,667 (18.1%) from the same time one year ago.
Inventory Change
There were 11 2-bedroom homes listed in Grimsby over the last 30 days (March 20 - April 18), which is up 120.0% compared with the previous 30 day period (February 19 - March 19) and up 120.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Grimsby typically sold $331 (0.0%) above asking price over the last 30 days (March 20 - April 18), which represents a $81 increase compared to the previous 30 day period (February 19 - March 19) and ($1,566) 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 2-bedroom homes in Grimsby over the last 30 days (March 20 - April 18) stood at 27.3%, down from 80.0% over the previous 30 days (February 19 - March 19) and down from 60.0% 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 Grimsby stood at 8 days when successfully sold over the last 30 days (March 20 - April 18), compared to 93 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty, Brokerage
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