422 King George St
Otonabee, Peterborough, K9J 1S1
FOR SALE
$549,000
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Property Description
Beautiful 3+1 Bedroom brick bungalow on very quiet street. Currently it is tenanted. Separate entrance to basement. Potential for in-law suite. Tenant pays $1100.00/per month and is month to month bases. Quick closing if buyer assume tenant, otherwise seller will co-operate with buyer to get vacant possession through notice. 24 hour notice required to see the house. The house has shared driveway with next house #426 King George St.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2006-09-21 | 2006-11-29 | 69 | $175,000 | $158,000 | Sold |
| 2019-11-29 | 2020-01-23 | 56 | $329,000 | $325,000 | Sold |
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
42' x 92'
Acreage
< .50
Lot Irregularities
42.07 x 97.02 x 48.45 x 92.02 x 7.1
Fronting
South
Taxes
$3,475 (2023)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.01' x 10.60' | |
| Living | Main | 10.50' x 14.17' | |
| Br | Main | 8.60' x 14.27' | |
| 2nd Br | Main | 6.56' x 11.09' | |
| 3rd Br | Main | 6.56' x 11.09' | |
| 4th Br | Bsmt | 21.98' x 10.99' |
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Peterborough Market Statistics
Peterborough Price Trend
422 King George St is a 3-bedroom 1-bathroom home listed for sale at $549,000, which is $10,451 (1.9%) lower than the average sold price of $559,451 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Peterborough declined by $16,311 (2.8%) compared to the previous 30 day period (September 27 - October 26) and down $23,449 (4.0%) from the same time one year ago.Inventory Change
There were 55 3-bedroom homes listed in Peterborough over the last 30 days (October 27 - November 25), which is down 16.7% compared with the previous 30 day period (September 27 - October 26) and up 37.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($9,380) (1.7%) below asking price over the last 30 days (October 27 - November 25), which represents a $7,910 increase compared to the previous 30 day period (September 27 - October 26) and ($14,383) 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 Peterborough over the last 30 days (October 27 - November 25) stood at 56.4%, down from 65.2% over the previous 30 days (September 27 - October 26) and down from 77.5% 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 Peterborough stood at 30 days when successfully sold over the last 30 days (October 27 - November 25), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Exit Realty Liftlock
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