5474 Firelane 22 Lane

Port Colborne, L0S 1R0
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5474 Firelane 22 Lane, Port Colborne
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X3210143
MLSID
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Property Description
Steps To Pleasant Beach On Lake Erie And Some Of The Most Amazing Sunsets. This Property Is Mostly Land Value. Oversized L-Shaped 3 Lots Combined Into One With Summer Cottage Structure And A Separate Shed/Workshop. The Main House Is In Need Of Repair And It Is Sold As Is. Enjoy This Quiet Paradise Spot. Renovate Or Build To Your Specs. Large Oversized Lot.
Extras
The Area Is Popular Summer Beach Place With Restaurant And Beach Just Steps Away.
Property Features
Beach, Campground, Lake/Pond, Park, Treed
Property Details
Property Type
Cottage, Other
Lot Size
100' x 120'
Lot Irregularities
L-Shaped
Fronting
North
Taxes
$1,694 (2014)
Basement
None
Exterior
Board/Batten
Heat Type
Other
Heat Source
Wood
Air Conditioning
None
Water
Other
Parking Spaces
2
Driveway
Other
Garage Type
None
Port Colborne Market Statistics
Port Colborne Price Trend
5474 Firelane 22 Lane is a 2-bedroom 1-bathroom home listed for sale at $80,000, which is $792,500 (90.8%) lower than the average sold price of $872,500 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom home in Port Colborne increased by $312,550 (55.8%) compared to the previous 30 day period (February 9 - March 9) and up $456,667 (109.8%) from the same time one year ago.
Inventory Change
There were 5 2-bedroom homes listed in Port Colborne over the last 30 days (March 10 - April 8), which is up 66.7% compared with the previous 30 day period (February 9 - March 9) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Port Colborne typically sold ($14,949) (1.7%) below asking price over the last 30 days (March 10 - April 8), which represents a $7,051 increase compared to the previous 30 day period (February 9 - March 9) and ($24,150) 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 Colborne over the last 30 days (March 10 - April 8) stood at 80.0%, down from 133.3% over the previous 30 days (February 9 - March 9) and down from 120.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Port Colborne stood at 44 days when successfully sold over the last 30 days (March 10 - April 8), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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