4514 Rice Lake Dr

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4514 Rice Lake Dr, Port Hope
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
X3944904
MLSID
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Property Description
2 Bungalows On 4.50 Acres. 2 Bedrooms, 1 Bath, 1 Kitchen In Each Separate Bungalow. Homes & Property Being Sold In "As Is" Condition. Zoned Rural Agricultural, 3 Ponds On Property.3 Sheds. Private Setting, Easy Commute To 401. **Possibilities Are Endless! **Needs Tender Loving Care To Make Your Home!"
Extras
Steel Roof, 2 Fridge, 2 Stove, Dryer, Electric Light Fixtures , Window Blinds, Broadloom, Dog Run With House, Riding Lawn Mower, 2 Snow Blowers. Survey Attached. *Exclude: Clothes Washer. Book Shelves. *Buyer/Agent To Do Due Diligence*
Property Features
Lake/Pond
Property Details
Property Type
Detached, Bungalow
Lot Size
540' x 660'
Acreage
2-4.99
Fronting
West
Taxes
$3,244 (2017)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Circular
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain17.68' x 18.24'Broadloom
KitchenMain6.96' x 11.29', Tile Floor
DiningMain18.31' x 15.03'Broadloom, W/O To Deck
MasterMain7.32' x 8.01'Broadloom
BrMain7.32' x 10.83'Broadloom, Closet
LaundryMain7.12' x 12.37'
KitchenMain10.24' x 8.17'Eat-In Kitchen, Cork Floor
DiningMain8.92' x 14.14'Tile Floor
LivingMain18.60' x 18.57'Laminate, W/O To Yard, Bow Window
LaundryMain7.51' x 15.52'Laundry Sink
Port Hope Market Statistics
Port Hope Price Trend
4514 Rice Lake Dr is a 2-bedroom 2-bathroom home listed for sale at $450,000, which is $160,000 (26.2%) lower than the average sold price of $610,000 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 2 bedroom home in Port Hope declined by $12,500 (2.0%) compared to the previous 30 day period (February 22 - March 22) and down $239,312 (28.2%) from the same time one year ago.
Inventory Change
There were 9 2-bedroom homes listed in Port Hope over the last 30 days (March 23 - April 21), which is up 12.5% compared with the previous 30 day period (February 22 - March 22) and up 125.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Port Hope typically sold ($7,450) (1.2%) below asking price over the last 30 days (March 23 - April 21), which represents a $4,134 decrease compared to the previous 30 day period (February 22 - March 22) and ($33,937) 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 Port Hope over the last 30 days (March 23 - April 21) stood at 66.7%, down from 75.0% over the previous 30 days (February 22 - March 22) and down from 200.0% 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 Port Hope stood at 12 days when successfully sold over the last 30 days (March 23 - April 21), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Jazz Inc., Brokerage
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