42 Lundy's Lane

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42 Lundy's Lane, Newmarket
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
N4074082
MLSID
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Property Description
Investors! First Time Buyers! Renovators! Bright Well Maintain Detached Brick Bungalow On A Large Lot, Spacious Living Rm W/Crown Moulding, Separate Dining Rm (Can Be Converted Back To 3rd Bdrm), Master W/His & Her Closets, Separate Side Entrance To Lower Level With Rec Room, 3 Pc Bath, & 3rd Bedroom, Lends Itself Nicely To Apt Potential Or Great In Law Suite, Attchd Garage,Excellent Location, Steps To Davis Dr., Close To Parks, Schools, Transit & Hwy!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-08-18 2022-10-17 60 $1,600 - Terminated
2022-08-18 2022-09-18 31 $1,650 $3,500 Leased
2022-06-28 2022-08-16 49 $1,500 - Terminated
Extras
Amazing Lot 50 X 173.37!!! Incld: Fridge, Stove, B/I Dishwasher, Washer & Dryer, Elf's, Curtains/Blinds, Gas Fireplace (Basement), Furnace (2015), Roof (2013) Hrv
Property Features
Fenced Yard, Hospital, Park, Public Transit, School Bus Route
Property Details
Property Type
Detached, Bungalow
Lot Size
50' x 173'
Lot Irregularities
No Survey Available
Fronting
West
Taxes
$3,916 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.55' x 12.70'Eat-In Kitchen
LivingMain12.24' x 18.24'Broadloom, Large Window, Crown Moulding
DiningMain7.15' x 9.06'French Doors, Window
MasterMain10.07' x 13.88'Broadloom, His/Hers Closets, Window
2nd BrMain9.35' x 9.84'Broadloom, Closet, Window
FamilyBsmt12.76' x 21.85'Broadloom, Gas Fireplace
LaundryBsmt10.37' x 17.09'
BrBsmt8.63' x 12.24'Broadloom, Double Closet, Window
Newmarket Market Statistics
Newmarket Price Trend
42 Lundy's Lane is a 2-bedroom 2-bathroom home listed for sale at $725,000, which is $322,000 (30.8%) lower than the average sold price of $1,047,000 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom home in Newmarket increased by $97,000 (10.2%) compared to the previous 30 day period (February 19 - March 19) and down $301,600 (22.4%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Newmarket over the last 30 days (March 20 - April 18), which is up 16.7% compared with the previous 30 day period (February 19 - March 19) and down 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Newmarket typically sold ($64,450) (6.2%) below asking price over the last 30 days (March 20 - April 18), which represents a $202,450 decrease compared to the previous 30 day period (February 19 - March 19) and $152,333 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 2-bedroom homes in Newmarket over the last 30 days (March 20 - April 18) stood at 28.6%, down from 33.3% over the previous 30 days (February 19 - March 19) and down from 37.5% 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 Newmarket stood at 48 days when successfully sold over the last 30 days (March 20 - April 18), compared to 19 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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