12 Mohegan Cres

East D, London, N5V 2X6
FOR SALE
$474,900
12 Mohegan Cres, London
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
X8241690
MLSID
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Property Description
Welcome to 12 Mohegan Crescent in North East London, a charming one-floor, semi-detached bungalow on a generously sized 51 ft lot in a peaceful neighbourhood. This freehold home features 3 bedrooms and plenty of updates. The furnace was replaced in 2010, roof shingles in 2011, and windows in 2009. Major upgrades in 2017 include a premium kitchen with a lazy susan, granite counters, subway tiled backsplash and all appliances, laminate flooring on the main floor, central air conditioning, soffits and fascia, and a newly paved double driveway which fits 4 cars. Situated on a quiet crescent with a park nearby, this property is also close to Fanshawe Conservation Park, shopping, schools, community centre, Fanshawe College and much more! The wide lot includes a front patch of grass and offers potential for expansion. Separate entrance to the basement provides the possibility for converting it into a lower-level apartment. Ideal for families or investors looking for a property with growth potential in a desirable area.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2008-01-28 2008-02-01 7 $119,000 $119,000 Sold
Property Details
Community
City
Property Type
Semi-Detached, Bungalow
Lot Size
52' x 74'
Fronting
North
Taxes
$2,469 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.30' x 15.32'
DiningMain8.53' x 9.74'
KitchenMain9.06' x 9.91'
BrMain14.21' x 9.88'
2nd BrMain10.96' x 8.40'
3rd BrMain9.02' x 9.91'
RecBsmt17.32' x 15.42'
London Market Statistics
London Price Trend
12 Mohegan Cres is a 3-bedroom 1-bathroom home listed for sale at $474,900, which is $176,139 (27.1%) lower than the average sold price of $651,039 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 3 bedroom home in London increased by $31,263 (5.0%) compared to the previous 30 day period (March 1 - March 30) and up $31,524 (5.1%) from the same time one year ago.
Inventory Change
There were 131 3-bedroom homes listed in London over the last 30 days (March 31 - April 29), which is up 162.0% compared with the previous 30 day period (March 1 - March 30) and up 351.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,248) (1.1%) below asking price over the last 30 days (March 31 - April 29), which represents a $7,724 decrease compared to the previous 30 day period (March 1 - March 30) and ($14,608) 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 (March 31 - April 29) stood at 506.9%, up from 100.0% over the previous 30 days (March 1 - March 30) and up from 110.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in London stood at 16 days when successfully sold over the last 30 days (March 31 - April 29), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Limelight Realty Inc.
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