476463 3rd Line

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476463 3rd Line, Melancthon
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X5729031
MLSID
Contact Us
Property Description
Country Living At Its Best. This Confederate Log Cabin Has Lots Of Space And Updates. The 8.5 Acres Creates A Perfect Private Retreat. Wake Up In The Morning And Walk Out To Your Own Chicken Coop And Pick Your Own Fresh Eggs For Breakfast. The 3 Bedroom, 2 Bathroom Home Has Its Own Private Pond, 32'X11' Deck, Fenced-In Section And Invisible Fence To Keep The Pets Save. Huge Yard For The Kids To Play In And A School Bus Stop At The End Of The Driveway. A Shed For Storage And Another One Can Be Used As A Workshop. A Hot Tub To Relax In After Your Hard Day, Inside The Tastefully Decorated Post & Beam Log Cabin, There Are 2 Wood Pellet Fireplaces For Those Cold Winter Nights, Recently Updated Windows, A Spacious Kitchen With Centre Island And Stainless Steel Appliances. Dishwasher, Dryer, Hot Tub, Hot Tub Equipment, Refrigerator, Stove, Washer
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-02 2022-08-02 61 $1,200,000 - Expired
Extras
Dishwasher, Dryer, Hot Tub, Hot Tub Equipment, Refrigerator, Stove, Washer
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Lot Size
192' x 2,206'
Acreage
5-9.99
Fronting
East
Taxes
$3,362 (2021)
Basement
Full, Unfinished
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.15' x 11.91'
BreakfastMain8.01' x 11.91'
LivingMain11.25' x 19.16'
Prim BdrmMain11.15' x 12.76'
LaundryMain4.59' x 9.09'
2nd Br2nd11.15' x 11.42'
3rd Br2nd9.15' x 15.32'
OtherBsmt21.16' x 33.43'
Melancthon Market Statistics
Melancthon Price Trend
476463 3rd Line is a 3-bedroom 2-bathroom home listed for sale at $1,199,000, which is $249,000 (26.2%) higher than the average sold price of $950,000 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Melancthon declined by $193,200 (16.9%) compared to the previous 30 day period (January 28 - February 26) and down $575,000 (37.7%) from the same time one year ago.
Inventory Change
There were 6 3-bedroom homes listed in Melancthon over the last 30 days (February 27 - March 27), which is up 200.0% compared with the previous 30 day period (January 28 - February 26) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Melancthon typically sold ($20,000) (2.1%) below asking price over the last 30 days (February 27 - March 27), which represents a $22,780 increase compared to the previous 30 day period (January 28 - February 26) and ($74,999) 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 Melancthon over the last 30 days (February 27 - March 27) stood at 50.0%, down from 250.0% over the previous 30 days (January 28 - February 26) and down from 50.0% 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 Melancthon stood at 42 days when successfully sold over the last 30 days (February 27 - March 27), compared to 112 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Enterprises Inc., Brokerage
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