5639 First Line

Rural Erin, Erin, L0N 1N0
FOR SALE
$1,549,900
5639 First Line, Erin
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3 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
X8138060
MLSID
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Property Description
Welcome to your dream retreat in the countryside! This charming Gorgeous 3+2 bdrm, 2 bath, extensively renovated Raised Bungalow sits on 10 acres of picturesque land, offering tranquility and privacy just a stone's throw away from the city. Enjoy the serene views of the countryside from your own backyard, complete with a peaceful pond. School Bus service at your driveway, Chef's Kitchen w/quartz counters & SS appliances. Large living room - perfect for entertaining. Updated 5 pc bath is shared by 3 bdrms. With ample space both indoors and out, this property provides the perfect opportunity for relaxation, recreation and creating lasting memories with loved ones. Don't miss out on this rare opportunity to own your own slice of paradise!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-12 2023-11-11 92 $1,599,999 - Expired
2023-05-05 2023-08-09 96 $1,799,999 - Terminated
2021-05-01 2021-05-11 10 $1,369,900 $1,384,000 Sold
Property Features
Grnbelt/Conserv, Lake/Pond, Part Cleared, School, School Bus Route
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
200' x 2,222'
Fronting
East
Taxes
$6,600 (2023)
Basement
Finished, Full
Exterior
Board/Batten, Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain15.65' x 15.81'Hardwood Floor, Picture Window, Fireplace
KitchenMain23.33' x 24.84'Porcelain Floor, Combined W/Dining, Picture Window
DiningMain23.33' x 24.84'Porcelain Floor, Combined W/Kitchen, Open Concept
Prim BdrmMain9.91' x 14.14'Hardwood Floor, Picture Window, Large Closet
2nd BrMain10.40' x 14.07'Hardwood Floor, Large Window, Closet
3rd BrMain9.48' x 10.50'Hardwood Floor, Large Window, Closet
RecBsmt11.32' x 17.06'Fireplace, Pot Lights
4th BrBsmt11.25' x 20.24'Large Closet
5th BrBsmt11.48' x 13.48'Large Closet
LaundryBsmt7.48' x 10.14'Updated
Erin Market Statistics
Erin Price Trend
5639 First Line is a 3-bedroom 2-bathroom home listed for sale at $1,549,900, which is $607,400 (64.4%) higher than the average sold price of $942,500 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Erin declined by $653,500 (40.9%) compared to the previous 30 day period (February 27 - March 27) and down $150,227 (13.7%) from the same time one year ago.
Inventory Change
There were 23 3-bedroom homes listed in Erin over the last 30 days (March 28 - April 26), which is up 43.8% compared with the previous 30 day period (February 27 - March 27) and up 130.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Erin typically sold ($57,461) (6.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $21,038 increase compared to the previous 30 day period (February 27 - March 27) and ($73,581) 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 Erin over the last 30 days (March 28 - April 26) stood at 34.8%, up from 12.5% over the previous 30 days (February 27 - March 27) and down from 110.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Erin stood at 33 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with New Era Real Estate
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