5509 Fourth Line

Rural Erin, Erin, N0B 1Z0
FOR SALE
$1,999,999
5509 Fourth Line, Erin
5509 Fourth Line
5509 Fourth Line
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X9035304
MLSID
Contact Us
Property Description
As Jordan Davis and Luke Bryan Would Say " BUY DIRT " Here Is Your Rare Opportunity To Own 40 Acres Of Prime Farm Land In Erin ! Stunning 4 Bdrm 2 Storey Farm House That Has Been Remodeled & Updated From Top To Bottom, Gourmet Eat-In Kitchen W/ Flr To Ceiling Cabinets, Combined Living & Dining Rm W/ Lrg Windows/ Led Pot Lights, Large Open Concept Family Rm Overlooking Farm Fields, Large Beautiful Master Bdrm With Gorgeous Views Of The Property, Generous Size Bdrms W/Oversized Windows, Closets, Laminate Flrs, Oak & Rod Iron Railing, Small Stream & Pond On Property, Approx 25 Acres Workable Land Currently Leased To Tenant Farmer
Extras
Newer Roof, Hot Water Tank Owned, Newer Furnace, New Windows & Doors, Uv Light, Water Softener, Concrete Patio & Walkway, Freshly Painted, Move In Ready !
Property Features
Clear View, Lake/Pond, River/Stream, Rolling, School Bus Route, Wooded/Treed
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
695' x 2,217'
Acreage
25-49.99
Lot Irregularities
Lot Irregular
Fronting
East
Taxes
$3,500 (2024)
Basement
Unfinished
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
None
Erin Market Statistics
Erin Price Trend
5509 Fourth Line is a 4-bedroom 2-bathroom home listed for sale at $1,999,999, which is $41,251 (2.0%) lower than the average sold price of $2,041,250 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Erin declined by $1,208,750 (37.2%) compared to the previous 30 day period (July 22 - August 20) and up $773,750 (61.0%) from the same time one year ago.
Inventory Change
There were 10 4-bedroom homes listed in Erin over the last 30 days (August 21 - September 19), which is down 33.3% compared with the previous 30 day period (July 22 - August 20) and up 150.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Erin typically sold ($68,699) (3.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $80,801 increase compared to the previous 30 day period (July 22 - August 20) and ($57,500) 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 (August 21 - September 19) stood at 40.0%, up from 13.3% over the previous 30 days (July 22 - August 20) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Erin stood at 45 days when successfully sold over the last 30 days (August 21 - September 19), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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