398 Hannah St

Midland, Midland, L4R 2G3
FOR SALE
$399,900
398 Hannah St, Midland
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
398 Hannah St
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
S8486134
MLSID
Contact Us
Property Description
Can you hear that? It's opportunity knocking! First time buyers looking to break into the market and build some sweat equity or investors looking to turn a profit can find opportunity at 398 Hannah. This detached property is situated on a quiet, mature street within walking distance to downtown Midland, waterfront, and public elementary school. This detached bungalow has an oversized 1 car garage, full basement, and terrific layout with 2+1 bedrooms and 2 full baths that is just waiting to be updated/renovated to your taste.
Property Features
Park, Place Of Worship, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
55' x 50'
Fronting
North
Taxes
$2,327 (2024)
Basement
Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.83' x 5.91'
LivingMain10.24' x 6.92'
DiningMain5.58' x 8.66'
Prim BdrmMain9.91' x 10.60'
2nd BrMain7.51' x 6.59'
3rd BrLower14.50' x 9.91'
LaundryLower13.91' x 16.99'
Midland Market Statistics
Midland Price Trend
398 Hannah St is a 2-bedroom 2-bathroom home listed for sale at $399,900, which is $139,655 (25.9%) lower than the average sold price of $539,555 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom home in Midland increased by $194,555 (56.4%) compared to the previous 30 day period (July 17 - August 15) and down $97,587 (15.3%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Midland over the last 30 days (August 16 - September 14), which is up 40.0% compared with the previous 30 day period (July 17 - August 15) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Midland typically sold ($8,388) (1.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $26,512 increase compared to the previous 30 day period (July 17 - August 15) and $174 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 2-bedroom homes in Midland over the last 30 days (August 16 - September 14) stood at 128.6%, up from 100.0% over the previous 30 days (July 17 - August 15) and down from 875.0% 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 Midland stood at 27 days when successfully sold over the last 30 days (August 16 - September 14), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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