1163 Michael St

East D, London, N5V 2H2
FOR SALE
$599,000
1163 Michael St, London
1163 Michael St
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
X9244671
MLSID
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Property Description
Detached All Brick Bungalow In High Desired Neighborhood ,Ready to Move In Excellent Starter Home For 1st Time Home Buyer Bright, Spacious Detached Family Home Open Living & Dining Layout.3+1 Bedrooms and 2 Bath Finished basement with separate side entrance .Fully fenced backyard. Freshly painted ,New garage door (Roof August 2022,Upgraded Appliances as per seller) (Hardwood Floor under the carpet on main Level)
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-25 2024-05-31 127 $599,000 - Expired
2012-03-14 2012-03-18 3 $218,800 $216,000 Sold
Extras
Egress window in the basement bedroom, Large lookout Windows in basement. Upgraded Electric Panel and Large size Concrete driveway, Steps to fanshawe College
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
52' x 130'
Acreage
< .50
Fronting
West
Taxes
$4,068 (2024)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.75' x 16.01'
KitchenMain8.33' x 12.76'
DiningMain6.99' x 11.75'
Prim BdrmMain8.99' x 14.01'
2nd BrMain8.99' x 10.66'
3rd BrMain6.56' x 11.52'
Great RmBsmt20.73' x 25.98'
BrBsmt8.01' x 9.84'
LaundryBsmt13.48' x 14.40'
London Market Statistics
London Price Trend
1163 Michael St is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $19,462 (3.1%) lower than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 London over the last 30 days (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 London stood at 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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