1175 Patann Dr

East D, London, N5V 2J2
FOR SALE
$574,900
1175 Patann Dr, London
1175 Patann Dr
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X8265130
MLSID
Contact Us
Property Description
Solid brick bungalow with double car garage in sought after neighborhood on a premium sized lot, first time on the market in over 58 years. Perfect family home with large eat-in kitchen, appliances incl., spacious living room, original hardwood floors, 3+1 bedrooms, 2 baths, utility room with lots of storage space, cold room, an over sized family room complete with wet bar and fireplace. Main sewer pipe, front steps and walkway replaced March 2024. Most windows are newer, electrical panel has been upgraded, the baseboard radiant heating system is very efficient.
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
69' x 91'
Acreage
< .50
Lot Irregularities
73.98X117.06Ft Lot Is Irregular Shape
Fronting
West
Taxes
$3,360 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.25' x 13.71'
LivingMain13.25' x 18.34'
BrMain11.98' x 8.43'
BrMain8.56' x 10.17'
Prim BdrmMain11.94' x 11.58'
FamilyBsmt13.22' x 32.64'Wet Bar, Fireplace
UtilityBsmt11.98' x 11.75'
BrBsmt11.98' x 13.68'
London Market Statistics
London Price Trend
1175 Patann Dr is a 3-bedroom 2-bathroom home listed for sale at $574,900, which is $76,336 (11.7%) lower than the average sold price of $651,236 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 3 bedroom home in London increased by $612 (0.1%) compared to the previous 30 day period (March 5 - April 3) and up $29,810 (4.8%) from the same time one year ago.
Inventory Change
There were 211 3-bedroom homes listed in London over the last 30 days (April 4 - May 3), which is up 298.1% compared with the previous 30 day period (March 5 - April 3) and up 539.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($6,777) (1.0%) below asking price over the last 30 days (April 4 - May 3), which represents a $776 increase compared to the previous 30 day period (March 5 - April 3) and ($14,589) 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 London over the last 30 days (April 4 - May 3) stood at 272.0%, down from 318.9% over the previous 30 days (March 5 - April 3) and up from 103.0% 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 London stood at 16 days when successfully sold over the last 30 days (April 4 - May 3), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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