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5 + 1
BEDROOMS3
BATHROOMS2
KITCHENS9 + 1
ROOMSX8273942
MLSIDContact Us
Property Description
Front To Back Duplex In Highly Sought After Neighborhood Of Southcrest. Unit A Is A Full 1932 Sq/Ft Whole House Raised Bungalow Featuring 3 + 1 Bedrooms, 2 Full Baths, A Large Kitchen, And Living Area. Unit B, Built In 2018, Is An 882 Sq/Ft Unit With 2 Gorgeous Kitchens And A Living Room With Vaulted Ceilings, 2 Large Bedrooms, A Bath, Own Laundry, And A Separate Backyard. Rental Income Of $53,338.56 Per Year With AAA Tenants. Each Unit Has Its Own Laundry And Separate Backyards. These Are Turn-Key Homes Or Investment Properties. Don't Miss This Opportunity To Own A Property In A Quiet Family Community With Fantastic Schools, Close To Shopping And Downtown. You Will Want To See This For Yourself.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-18 | 2024-04-26 | 8 | $849,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
60' x 130'
Acreage
< .50
Lot Irregularities
60X130
Fronting
East
Taxes
$6,152 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.01' x 15.32' | |
| Living | Main | 11.52' x 14.99' | |
| Br | Main | 11.15' x 11.15' | |
| Br | Main | 8.99' x 10.99' | |
| Br | Main | 8.01' x 8.99' | |
| Rec | Bsmt | 12.01' x 10.01' | |
| Br | Bsmt | 10.01' x 10.01' | |
| Kitchen | Main | 13.68' x 12.34' | |
| Living | Main | 12.34' x 12.34' | |
| Br | Main | 12.66' x 10.01' | |
| Br | Main | 12.01' x 10.01' |
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London Market Statistics
London Price Trend
452 Ridgewood Cres is a 5-bedroom 3-bathroom home listed for sale at $849,900, which is $115,953 (15.8%) higher than the average sold price of $733,947 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 5 bedroom home in London declined by $232,157 (24.0%) compared to the previous 30 day period (March 9 - April 7) and down $1,146,053 (61.0%) from the same time one year ago.Inventory Change
There were 19 5-bedroom homes listed in London over the last 30 days (April 8 - May 7), which is up 280.0% compared with the previous 30 day period (March 9 - April 7) and up 533.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold $110,209 (15.0%) above asking price over the last 30 days (April 8 - May 7), which represents a $56,938 increase compared to the previous 30 day period (March 9 - April 7) and ($100,000) 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 5-bedroom homes in London over the last 30 days (April 8 - May 7) stood at 68.4%, down from 180.0% over the previous 30 days (March 9 - April 7) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in London stood at 40 days when successfully sold over the last 30 days (April 8 - May 7), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Rock Star Real Estate Inc.
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