387 Rankin Dr

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387 Rankin Dr, Burlington
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5
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
W3975495
MLSID
Contact Us
Property Description
Five Bdrm 2400 Sq.Ft Home In Pristine Condition Within Roseland Community. Short Walk To Tuck, Nelson School. Mature Private Lot With Inground Pool & Hot Tub. Pool Has A New Safety Cover-2017. Large Fmrm With Gas Fp, An Addition And Walkout To Bkyrd. Custom Gravelle Kit W/Solid Pine Cabinets, Ss Appliances & Breakfast Area. Sep Dining Rm, 5 Large Bedrooms, Master Ensuite, Covered Front Porch & Long Driveway. Prof. Landscaped On A Premium Street
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-23 2022-10-15 22 $1,750,000 $1,634,824 Sold
Extras
Inclusions - Custom Window Coverings, Light Fixtures, Kit Appliances, Garage Dr/Remote, Pool Equipment, Hot Tub. New Furnace - 2017
Property Features
Fenced Yard, Library, Park, Public Transit, School, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
60' x 115'
Acreage
< .50
Fronting
East
Taxes
$5,544 (2017)
Basement
Full, Walk-Up
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround20.11' x 13.42'Hardwood Floor, Bay Window, B/I Shelves
DiningGround9.78' x 12.60'Hardwood Floor, Crown Moulding
KitchenGround9.94' x 12.93'Stainless Steel Appl, Breakfast Area
BreakfastGround9.94' x 5.87'
FamilyGround16.73' x 25.26'Gas Fireplace, Pot Lights
Master2nd15.98' x 14.30'Hardwood Floor, Ensuite Bath
Br2nd10.83' x 12.86'Hardwood Floor
Br2nd10.83' x 12.04'Hardwood Floor
Br2nd12.37' x 14.93'Hardwood Floor
Br2nd13.42' x 11.48'Hardwood Floor
RecBsmt27.62' x 24.18'
OtherBsmt20.93' x 11.98'
Burlington Market Statistics
Burlington Price Trend
387 Rankin Dr is a 5-bedroom 3-bathroom home listed for sale at $1,199,000, which is $1,219,125 (50.4%) lower than the average sold price of $2,418,125 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $883,125 (57.5%) compared to the previous 30 day period (February 25 - March 25) and up $1,074,152 (79.9%) from the same time one year ago.
Inventory Change
There were 11 5-bedroom homes listed in Burlington over the last 30 days (March 26 - April 24), which is down 8.3% compared with the previous 30 day period (February 25 - March 25) and up 120.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Burlington typically sold ($90,712) (3.8%) below asking price over the last 30 days (March 26 - April 24), which represents a $253,987 decrease compared to the previous 30 day period (February 25 - March 25) and ($97,254) 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 5-bedroom homes in Burlington over the last 30 days (March 26 - April 24) stood at 72.7%, up from 33.3% over the previous 30 days (February 25 - March 25) and down from 140.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Burlington stood at 26 days when successfully sold over the last 30 days (March 26 - April 24), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Burloak Real Estate Services, Brokerage
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