407 Park Ave

FOR SALE
$849,688
407 Park Ave, Newmarket
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
407 Park Ave
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
N5301891
MLSID
Contact Us
Property Description
Amazing Bungalow Situated On One Of The Most Sought After Streets In Newmarket "Park Ave.". This Elgantly Updated Bungalow Features A Renovated 4 Piece Bath, Beatiful Refinished Hardwood Floors, Incredible Green Backyard For Entertaining, A Seperate Side Entrance To Basement Rental Income Potential. The House Has Been Recently Painted And Updated With Ceiling Fans And Window Coverings. 4 Car Driveway, Walking Distance To Main St. Surrounded By Custom Homes.
Extras
Seperate Entrance To Basement With Roughed In Plumbing & Toilet Plus Washer And Dryer. Great Investment Or Custom Build Renovation Opportunity. Great For 1st Time Buyer.Huge Future $$$ Potential. All Appliances Included And Quick Closing.
Nearby Intersections
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
38' x 79'
Fronting
South
Taxes
$4,500 (2021)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain8.37' x 9.32'Updated, Ceramic Floor, Double Sink
LivingMain18.80' x 16.57'Hardwood Floor, Large Window, Combined W/Dining
DiningMain18.80' x 16.57'Hardwood Floor, B/I Bookcase, Combined W/Dining
MasterMain11.84' x 12.73'Hardwood Floor, Closet, Ceiling Fan
2nd BrMain9.06' x 13.71'Hardwood Floor, Closet, Ceiling Fan
Newmarket Market Statistics
Newmarket Price Trend
407 Park Ave is a 2-bedroom 2-bathroom home listed for sale at $849,688, which is $119,615 (12.3 %) lower than the average sold price of $969,303 in the last 30 days (July 3 - August 1). During the last 30 days the average sold price for a 2 bedroom home in Newmarket increased by $35,503 (3.8 %) compared to the previous 30 day period (June 3 - July 2) and up $342,637 (54.7 %) from the same time one year ago.
Inventory Change
There were 8 2-bedroom homes listed in Newmarket over the last 30 days (July 3 - August 1), which is up 14.3 % compared with the previous 30 day period (June 3 - July 2) and up 100.0 % compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Newmarket typically sold $48,775 (5.0 %) above asking price over the last 30 days (July 3 - August 1), which represents a $8,315 increase compared to the previous 30 day period (June 3 - July 2) and $20,666 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 2-bedroom homes in Newmarket over the last 30 days (July 3 - August 1) stood at 87.5 %, up from 71.4 % over the previous 30 days (June 3 - July 2) and up from 75.0 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Newmarket stood at 12 days when successfully sold over the last 30 days (July 3 - August 1), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with City Realty Point, Brokerage
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