549 King St

Midland, Midland, L4R 3N6
FOR SALE
$454,900
549 King St, Midland
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
549 King St
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
S9345431
MLSID
Contact Us
Property Description
Top 5 Reasons You Will Love This Home: 1) Outstanding investment opportunity situated on the vibrant King Street, just mere moments to Little Lake 2) Added advantage of detailed architectural blueprints and zoning upgrade applications are underway to transition to duplex usage 3) Benefit from the convenience of a freshly painted interior and an attached garage for seamless indoor entry 4) Partially enclosed yard sets the stage for creating your own backyard retreat 5) Ideally set close to numerous amenities, distinguished schools, and parks, providing a well- rounded lifestyle. Age 74. Visit our website for more detailed information.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-08 2024-09-11 65 $474,900 - Terminated
2024-04-29 2024-07-05 67 $474,900 - Terminated
2024-04-16 2024-04-27 11 $474,900 - Terminated
2024-03-25 2024-04-14 20 $499,900 - Terminated
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
66' x 85'
Acreage
< .50
Fronting
East
Taxes
$2,566 (2023)
Basement
Crawl Space, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.50' x 12.99'Laminate, Double Sink, Pantry
DiningMain13.06' x 22.54'Combined W/Living, Laminate, Fireplace
Prim BdrmMain10.60' x 15.94'Laminate, Window, Ceiling Fan
BrMain10.37' x 14.14'Laminate, Closet, Ceiling Fan
BrMain11.25' x 12.07'Laminate, Closet, Window
LaundryMain10.01' x 12.66'Laminate
Midland Market Statistics
Midland Price Trend
549 King St is a 3-bedroom 1-bathroom home listed for sale at $454,900, which is $142,600 (23.9%) lower than the average sold price of $597,500 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Midland declined by $33,409 (5.3%) compared to the previous 30 day period (July 20 - August 18) and up $7,929 (1.3%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in Midland over the last 30 days (August 19 - September 17), which is up 19.0% compared with the previous 30 day period (July 20 - August 18) and up 38.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Midland typically sold ($26,080) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,829 increase compared to the previous 30 day period (July 20 - August 18) and ($18,585) 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 (August 19 - September 17) stood at 60.0%, up from 52.4% over the previous 30 days (July 20 - August 18) and up from 38.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Midland stood at 30 days when successfully sold over the last 30 days (August 19 - September 17), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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