364 Royal Rd
Athol, Prince Edward County, K0K 2T0
FOR SALE
$350,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX9395946
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Property Description
Attention investors and renovators! This property boasts a prime location near Lake Ontario, a brief drive from Sand Banks Provincial Park, and is surrounded by wineries. Considering its current state, there exists a significant opportunity for value appreciation. Main level with potential living room, 4 bedrooms, kitchen and one bath layout. 7 ft ceiling height basement with separate entrance. With the correct vision and investment, this property holds the potential to be converted into a highly desirable space.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-11 | 2024-07-10 | 60 | $350,000 | - | Expired |
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
250' x 165'
Acreage
.50-1.99
Fronting
North
Taxes
$2,064 (2023)
Basement
Sep Entrance
Exterior
Shingle, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Prince Edward County Market Statistics
Prince Edward County Price Trend
364 Royal Rd is a 4-bedroom 1-bathroom home listed for sale at $350,000, which is $488,250 (58.2%) lower than the average sold price of $838,250 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Prince Edward County declined by $391,535 (31.8%) compared to the previous 30 day period (September 21 - October 20) and down $321,750 (27.7%) from the same time one year ago.Inventory Change
There were 18 4-bedroom homes listed in Prince Edward County over the last 30 days (October 21 - November 19), which is up 28.6% compared with the previous 30 day period (September 21 - October 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Prince Edward County typically sold ($62,475) (7.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $6,725 increase compared to the previous 30 day period (September 21 - October 20) and ($104,500) 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 4-bedroom homes in Prince Edward County over the last 30 days (October 21 - November 19) stood at 22.2%, down from 50.0% over the previous 30 days (September 21 - October 20) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Prince Edward County stood at 59 days when successfully sold over the last 30 days (October 21 - November 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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