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Property Description
Top 5 Reasons You Will Love This Property: 1) Delightful residence nestled in an exceptional locale, exuding a captivating curb appeal that sets it apart 2) This versatile space has the potential to transition between a functional office setup and a snug residential retreat, catering to diverse needs 3) Revitalized with recently installed new flooring, the interior exudes a fresh and modern ambiance, elevating the overall atmosphere 4) Generous parking space ensures the ultimate convenience for both residents and guests 5) Positioned in the heart of downtown, relish the advantages of residing in a central hub, offering effortless access to a plethora of shops, restaurants, and more. Age 101. Visit our website for more detailed information.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-08 | 2024-03-08 | 121 | $325,000 | - | Expired |
| 2016-07-26 | 2016-10-31 | 0 | $144,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
23' x 102'
Acreage
< .50
Fronting
South
Taxes
$3,454 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.05' x 11.32' | Laminate, Backsplash, Open Concept |
| Dining | Main | 11.84' x 11.38' | Laminate, Open Concept |
| Living | Main | 11.84' x 15.16' | Laminate, Fireplace, Window |
| Family | Main | 11.32' x 12.47' | Laminate, Window |
| Br | 2nd | 7.78' x 12.60' | Window |
| Br | 2nd | 11.22' x 11.84' | Closet, Window |
| Br | 2nd | 8.01' x 8.99' | Window |
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Midland Market Statistics
Midland Price Trend
523 Elizabeth St is a 3-bedroom 2-bathroom home listed for sale at $325,000, which is $239,950 (42.5%) lower than the average sold price of $564,950 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Midland declined by $37,522 (6.2%) compared to the previous 30 day period (February 27 - March 27) and down $145,050 (20.4%) from the same time one year ago.Inventory Change
There were 16 3-bedroom homes listed in Midland over the last 30 days (March 28 - April 26), which is up 128.6% compared with the previous 30 day period (February 27 - March 27) and up 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Midland typically sold ($20,000) (3.5%) below asking price over the last 30 days (March 28 - April 26), which represents a $4,350 increase compared to the previous 30 day period (February 27 - March 27) and ($12,150) 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 3-bedroom homes in Midland over the last 30 days (March 28 - April 26) stood at 87.5%, down from 114.3% over the previous 30 days (February 27 - March 27) and up from 75.0% 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 Midland stood at 24 days when successfully sold over the last 30 days (March 28 - April 26), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Faris Team Real Estate
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