47 Paul St

FOR SALE
$1,049,000
47 Paul St, Prince Edward County
47 Paul St
47 Paul St
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47 Paul St
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47 Paul St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
11
ROOMS
X11939619
MLSID
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Property Description
Welcome to 47 Paul Street, Picton, in beautiful Prince Edward County. On one of the most sought-after streets in Picton, this stately Queen Anne is situated on a corner lot, just one block from the school, park and within walking distance of everything Picton has to offer, including: shops, restaurants, theatre and more. In a neighbourhood filled with historic homes, this is a landmark, notable by its gazebo porch with gingerbread trim. With numerous welcoming windows, this home is perfect for a family, or short-term rental. The property boasts a whole home STA license, with 3 bedrooms and 2 bathrooms. Original elements catch the eye, including the tongue-and-groove ceiling in the kitchen, spindle trim, original moldings and wide baseboards. A charming layout allows for entertaining, with formal dining room and living room on the main level and a lovely kitchen, currently undergoing a small refresh. Up the original staircases, you will discover a family sitting room, 3 bedrooms and a second full washroom. This property has a pleasing layout for a family, complete with a one-car garage and plenty of storage. Timeless elegance, meets modern comfort at 47 Paul Street.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-08 2023-09-12 66 $1,369,000 - Terminated
Extras
This property has a whole-home STA license, but has been the primary dwelling of the owners, and is therefore not assumed to be HST applicable, like many other rental properties. All buyers should do due diligence regarding HST.
Property Features
Hospital, Library, Park, Place Of Worship, Rec Centre, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
89' x 64'
Acreage
< .50
Fronting
West
Taxes
$3,051 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.07' x 12.89'
DiningMain5.64' x 6.00'
LivingMain13.75' x 11.88'
BathroomMain11.88' x 13.55'3 Pc Bath, Updated
LivingMain11.88' x 13.55'
Family2nd9.71' x 11.48'B/I Closet
2nd Br2nd13.25' x 14.01'
Prim Bdrm2nd12.01' x 11.65'W/I Closet, W/W Closet
Other2nd12.07' x 11.98'W/I Closet
FoyerMain6.30' x 11.88'
Prince Edward County Market Statistics
Prince Edward County Price Trend
47 Paul St is a 3-bedroom 2-bathroom home listed for sale at $1,049,000, which is $563,388 (116.0%) higher than the average sold price of $485,612 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $248,946 (33.9%) compared to the previous 30 day period (November 19 - December 18) and down $193,403 (28.5%) from the same time one year ago.
Inventory Change
There were 16 3-bedroom homes listed in Prince Edward County over the last 30 days (December 19 - January 17), which is down 20.0% compared with the previous 30 day period (November 19 - December 18) and up 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($15,362) (3.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $18,913 increase compared to the previous 30 day period (November 19 - December 18) and ($25,305) 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 Prince Edward County over the last 30 days (December 19 - January 17) stood at 50.0%, down from 60.0% over the previous 30 days (November 19 - December 18) and down from 166.7% 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 Prince Edward County stood at 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 115 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Lanthorn Real Estate Ltd.
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