5663 First Line

Rural Erin, Erin, L0N 1N0
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5663 First Line, Erin
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
X4031471
MLSID
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Property Description
A Private Treed Acreage Offering A Plethora Of Natural Beauty. A Long Winding Driveway Makes This Home Unseen From The Road And Provides Ultimate Privacy. Massive Evergreens Wrap The Yard & Provide Added Scenic Views. The Rear Deck Overlooks A Lush Green Meadow Providing A Breathtaking Peaceful Setting! The Interior Offers High Sloped Ceilings With Great Potential. Renovate, Update & Create Your Dream Home! Septic 2016/Roof 2013
Extras
Fridge (As Is), B/I Double Oven (As Is), B/I Cooktop (As Is), B/I Dishwasher (As Is), All Elfs (As Is), Basement Fridge (As Is), Basement Amana Washer+Dryer (Both As Is), Basement Stove (As Is) Note: Hwt & Water Softener Are Rentals
Property Features
Part Cleared, Wooded/Treed
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Acreage
10-24.99
Lot Irregularities
10.17 Acres Per Mpac
Fronting
East
Taxes
$6,566 (2017)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain10.14' x 10.14'Window, Open Concept, Hardwood Floor
DiningMain8.92' x 14.44'Window, Combined W/Living, Hardwood Floor
KitchenMain13.65' x 14.11'Ceramic Floor, W/O To Deck, Eat-In Kitchen
MasterMain11.22' x 15.09'His/Hers Closets, 4 Pc Ensuite, Window
2nd BrMain9.94' x 10.96'Linoleum, Closet, Window
3rd BrMain9.22' x 10.93'Linoleum, Closet, Window
4th BrBsmt9.94' x 12.76'Broadloom, Closet, Window
FamilyBsmt22.64' x 12.27'Broadloom, W/O To Yard, Fireplace
LaundryBsmt6.14' x 19.52'
Erin Market Statistics
Erin Price Trend
5663 First Line is a 3-bedroom 3-bathroom home listed for sale at $715,000, which is $227,500 (24.1%) lower than the average sold price of $942,500 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Erin declined by $653,500 (40.9%) compared to the previous 30 day period (February 26 - March 26) and down $129,500 (12.1%) from the same time one year ago.
Inventory Change
There were 23 3-bedroom homes listed in Erin over the last 30 days (March 27 - April 25), which is up 43.8% compared with the previous 30 day period (February 26 - March 26) and up 130.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Erin typically sold ($57,461) (6.1%) below asking price over the last 30 days (March 27 - April 25), which represents a $21,038 increase compared to the previous 30 day period (February 26 - March 26) and ($73,366) 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 3-bedroom homes in Erin over the last 30 days (March 27 - April 25) stood at 34.8%, up from 12.5% over the previous 30 days (February 26 - March 26) and down from 120.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Erin stood at 33 days when successfully sold over the last 30 days (March 27 - April 25), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Summit Realty Inc., Brokerage
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