1595 Mulberry St

South K, London, N6K 5C8
FOR SALE
$950,000
1595 Mulberry St, London
1595 Mulberry St
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
X9513034
MLSID
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Property Description
Offering a spacious 2700 sq ft residence in a prime London, Ontario location. This beautiful 4-bedroom home features an open-concept layout with a two-story living room and an office on the main floor. This home offers the perfect balance of family living and work-from-home flexibility. The upgraded kitchen has new appliances and a newly renovated central island, which is ideal for family meals or entertaining. Key features include 9 ft ceilings, hardwood and ceramic flooring throughout the main level, and a stamped concrete driveway and patio. Situated near Boler Mountain and the Thames River, this home perfectly combines modern living, outdoor activities, and nearby conveniences such as shopping and dining.
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
49' x 98'
Fronting
North
Taxes
$5,584 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
OfficeMain10.07' x 10.07'
FamilyMain16.17' x 15.16'
KitchenMain15.09' x 20.08'
Prim Bdrm2nd12.07' x 18.08'
2nd Br2nd12.07' x 15.09'
3rd Br2nd13.16' x 12.17'
London Market Statistics
London Price Trend
1595 Mulberry St is a 4-bedroom 3-bathroom home listed for sale at $950,000, which is $112,615 (13.4%) higher than the average sold price of $837,385 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in London declined by $61,174 (6.8%) compared to the previous 30 day period (September 1 - September 30) and up $22,385 (2.7%) from the same time one year ago.
Inventory Change
There were 161 4-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 10.6% compared with the previous 30 day period (September 1 - September 30) and up 705.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($18,357) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $8,484 increase compared to the previous 30 day period (September 1 - September 30) and ($9,900) 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 4-bedroom homes in London over the last 30 days (October 1 - October 30) stood at 42.9%, up from 36.1% over the previous 30 days (September 1 - September 30) and up from 35.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 30 days when successfully sold over the last 30 days (October 1 - October 30), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Luxe Home Town Realty Inc.
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