75 Formosa Dr

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75 Formosa Dr, Richmond Hill
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
N3508324
MLSID
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Property Description
Lovely House Located In The Sought After Rough Woods, District Within The Bayview S School, Gournet Kit. With*** Quartz Counter****, Brand New Hardwood Floor (2016) On 2nd Fl.****Wrought Iron Pickets****, Spacious Master Bedroom With 4Pc Ensuite, Updated 2 Bathrooms, Fenced Yard, Finished Basm, Direct Access To Garage ,
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-13 2023-05-25 12 $3,380 $3,380 Leased
2023-04-20 2023-05-13 23 $3,220 - Terminated
2023-03-23 2023-04-20 28 $3,250 - Suspended
2019-06-18 2019-06-26 8 $2,660 $2,550 Leased
Extras
All Elfs And Blinds, S Steeles Stove, Fridge, Washer, Dryer. B/I Dishwasher, Garage Door Remote Control. Newer Cac And Furnace.
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
24' x 110'
Fronting
South
Taxes
$3,795 (2015)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround9.84' x 17.22'Hardwood Floor, Marble Fireplace, Combined W/Dining
DiningGround8.40' x 10.17'Hardwood Floor, W/O To Garden, Combined W/Living
KitchenGround8.99' x 10.01'Eat-In Kitchen, Ceramic Floor, Ceramic Backsplash
Master2nd13.16' x 16.67'Hardwood Floor, 4 Pc Ensuite, Bay Window
2nd Br2nd8.10' x 9.91'Hardwood Floor, Closet, Window
3rd Br2nd11.91' x 10.27'Hardwood Floor, Closet, Window
Richmond Hill Market Statistics
Richmond Hill Price Trend
75 Formosa Dr is a 3-bedroom 3-bathroom home listed for sale at $849,800, which is $477,377 (36.0%) lower than the average sold price of $1,327,177 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill declined by $131,163 (9.0%) compared to the previous 30 day period (January 28 - February 26) and down $18,722 (1.4%) from the same time one year ago.
Inventory Change
There were 78 3-bedroom homes listed in Richmond Hill over the last 30 days (February 27 - March 27), which is up 47.2% compared with the previous 30 day period (January 28 - February 26) and up 90.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $61,285 (4.6%) above asking price over the last 30 days (February 27 - March 27), which represents a $62,176 increase compared to the previous 30 day period (January 28 - February 26) and $82,475 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 3-bedroom homes in Richmond Hill over the last 30 days (February 27 - March 27) stood at 57.7%, up from 47.2% over the previous 30 days (January 28 - February 26) and down from 92.7% 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 Richmond Hill stood at 9 days when successfully sold over the last 30 days (February 27 - March 27), compared to 28 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Bayview Realty Inc., Brokerage
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Occupied by tenants, upstairs pay $1375 andbasement pays $945, month to month leases, landlord pays utilities, separate entrance to basement, common laundry room, above ground windows in basement, seller does not warrant retrofit status, Note:showings start 3pm everyday, require 24 hr notice
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