5167 Fourth Line

Rural Erin, Erin, L7J 2L8
FOR SALE
$2,550,000
5167 Fourth Line, Erin
5167 Fourth Line
5167 Fourth Line
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5167 Fourth Line
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
12 + 3
ROOMS
X5756503
MLSID
Contact Us
Property Description
Some Describe This Property And The 8 Acres Of Land It Sits On As An Oasis. With Lush Green Grass, Mature Trees And Your Own Pond, The Outdoor Opportunities Are Endless. The Level Of Detail That Went Into This Top To Bottom Renovation Will Leave You In Awe. The Custom Kitchen With Tons Of Storage Space And Oversized Island With Granite Countertop Will Have You Wanting To Entertain Your Family & Friends. The Grand Family Room Features Large Windows And Fireplace That Is Perfect For Creating A Cozy Atmosphere All Year Round. In Addition To The 4 Large Bedrooms, The Finished Basement Features A Huge 1 Bedroom With A 4Piece Bath And Walk-In Closet. You Will Be Proud To Call This Your New Home.
Extras
Ss - Fridge, Stove, Dishwasher, Microwave. Washer, Dryer, All Existing Light Fixtures, Window Coverings.
Property Features
Lake/Pond, Wooded/Treed
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
464' x 965'
Acreage
5-9.99
Lot Irregularities
8.15Acres 463.9X964.5X329X574X271X154 Ft
Fronting
East
Taxes
$8,067 (2022)
Basement
Finished, Full
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
16
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
OfficeMain11.91' x 8.01'Hardwood Floor, B/I Bookcase, Window
LivingMain20.73' x 20.34'Hardwood Floor, Pot Lights, Wood Stove
SittingMain13.32' x 12.07'Hardwood Floor, Pot Lights, W/O To Sunroom
KitchenMain20.01' x 14.17'Hardwood Floor, Stainless Steel Appl, Granite Counter
DiningMain16.50' x 14.34'Hardwood Floor, W/O To Deck, Large Window
FamilyMain20.67' x 11.91'Hardwood Floor, Fireplace, Large Window
Prim Bdrm2nd17.52' x 12.93'Hardwood Floor, Closet Organizers, 5 Pc Ensuite
2nd Br2nd11.09' x 10.01'Hardwood Floor, Closet, 4 Pc Ensuite
3rd Br2nd12.66' x 11.68'Hardwood Floor, Closet, Window
4th Br2nd15.16' x 11.42'Hardwood Floor, Closet, Window
Laundry2nd10.66' x 6.82'Tile Floor, Pot Lights, B/I Shelves
5th BrBsmt23.26' x 20.67'Hardwood Floor, W/I Closet, 4 Pc Ensuite
Erin Market Statistics
Erin Price Trend
5167 Fourth Line is a 4-bedroom 4-bathroom home listed for sale at $2,550,000, which is $1,199,000 (88.7 %) higher than the average sold price of $1,351,000 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 4 bedroom home in Erin declined by $114,000 (7.8 %) compared to the previous 30 day period (August 6 - September 4) and down $77,611 (5.4 %) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Erin over the last 30 days (September 5 - October 4), which is up 30.0 % compared with the previous 30 day period (August 6 - September 4) and up 116.7 % compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($144,000) (10.7 %) below asking price over the last 30 days (September 5 - October 4), which represents a $114,501 decrease compared to the previous 30 day period (August 6 - September 4) and $69,222 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 Erin over the last 30 days (September 5 - October 4) stood at 7.7 %, down from 20.0 % over the previous 30 days (August 6 - September 4) and down from 150.0 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Erin stood at 67 days when successfully sold over the last 30 days (September 5 - October 4), compared to 106 days before being removed from the market upon being suspended or terminated.
Listing contracted with Properly, Brokerage
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