42 Meadowsweet Lane

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42 Meadowsweet Lane, Richmond Hill
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
10
ROOMS
N3774950
MLSID
Contact Us
Property Description
Luxurious 4 Bedroom Detached In Sought After Oak Knoll Community. Approx 3300Sf. Soaring 10' Ceiling On M/F, 9" On Second. Pot Lights And Upgraded Hardwood Flooring. Stained Oak Staircase. M/F Office With Double French Drs. Chef Inspired Kitchen With High End Appliances, Huge Center Island, Granite Counter, Extended Cabinets. All Bedrooms With Ensuite/Semi Ensuite, Framless Glass Showing In Master Bath. Close To 404, Yonge St, Lake Wilcox, Golf Courses
Extras
Thermador 36"Gas Stove And Range Hood, S/S Fridge, Dishwasher, Front Load Washer/Dryer, Cac, Window Coverings (Exclude Nursery Drape/Rod), Elfs, Garage Door Openers And Remote. Common Element Fee $91.95/Month. Condo Corp #1250
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
38' x 107'
Fronting
North
Taxes
$6,163 (2016)
Basement
Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Richmond Hill Market Statistics
Richmond Hill Price Trend
42 Meadowsweet Lane is a 4-bedroom 4-bathroom home listed for sale at $1,528,000, which is $462,264 (23.2%) lower than the average sold price of $1,990,264 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $17,189 (0.9%) compared to the previous 30 day period (February 9 - March 9) and up $50,462 (2.6%) from the same time one year ago.
Inventory Change
There were 119 4-bedroom homes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is down 2.5% compared with the previous 30 day period (February 9 - March 9) and up 13.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $93,012 (4.7%) above asking price over the last 30 days (March 10 - April 8), which represents a $37,899 increase compared to the previous 30 day period (February 9 - March 9) and $80,271 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 4-bedroom homes in Richmond Hill over the last 30 days (March 10 - April 8) stood at 63.0%, up from 56.6% over the previous 30 days (February 9 - March 9) and down from 67.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Richmond Hill stood at 10 days when successfully sold over the last 30 days (March 10 - April 8), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife New World Realty Inc., Brokerage
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