782 Magnolia Ave

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782 Magnolia Ave, Newmarket
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
N4072012
MLSID
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Property Description
Attention Investors, Contractors Or Looking To Get Into The Market? 3 Bdrm Semi Detached On Quiet Street. Gorgeous Lot With Green Space Walkway Behind.Steps To Mabel Davis Conservation/Bayview Park.Biking,Walking Trails,Parks.Great Location For Commute.Mixture Of Detached/Semis On Street.Front Porch. Lr With Bright Window. E/I Kitchen With Breakfast Area. Master With W/I Closet, 2 Bdrms With Dbl Closets & 4Pc. Bsmt With R/R With W/O,Laundry Room,Storage Area
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-03-20 2018-04-05 17 $449,800 $435,000 Sold
Extras
Windows Were Updated & Shingles Replaced 2009. Furnace Serviced. Good Mechanical Bones. Needs Updating But Well Priced (Lowest Priced Semi At Time Of Listing) For Area/Newmarket. Fix It Up And Make It Your Own, Rent Or Flip?
Property Details
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
700-1100
Lot Size
29' x 108'
Acreage
< .50
Lot Irregularities
32.78R X Irreg
Fronting
South
Taxes
$2,712 (2017)
Basement
Fin W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.15' x 15.88'Combined W/Dining, Picture Window
KitchenMain9.84' x 19.13'Eat-In Kitchen
BreakfastMain9.84' x 19.13'Combined W/Kitchen
Master2nd11.35' x 11.84'W/I Closet
Br2nd8.60' x 10.27'Double Closet
Br2nd8.63' x 10.56'Double Closet
RecBsmt9.84' x 18.73'W/O To Deck
Newmarket Market Statistics
Newmarket Price Trend
782 Magnolia Ave is a 3-bedroom 2-bathroom home listed for sale at $449,800, which is $654,325 (59.3%) lower than the average sold price of $1,104,125 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $64,429 (6.2%) compared to the previous 30 day period (February 9 - March 9) and up $48,317 (4.6%) from the same time one year ago.
Inventory Change
There were 51 3-bedroom homes listed in Newmarket over the last 30 days (March 10 - April 8), which is down 15.0% compared with the previous 30 day period (February 9 - March 9) and up 10.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $15,756 (1.4%) above asking price over the last 30 days (March 10 - April 8), which represents a $24,256 decrease compared to the previous 30 day period (February 9 - March 9) and $57,273 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 Newmarket over the last 30 days (March 10 - April 8) stood at 107.8%, up from 51.7% over the previous 30 days (February 9 - March 9) and up from 71.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Newmarket stood at 13 days when successfully sold over the last 30 days (March 10 - April 8), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Incentive Realty Inc., Brokerage
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