502094 ON-89
FOR SALE
$1,100,000
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BEDROOMS2
BATHROOMS1
KITCHENS13
ROOMSX9034373
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Property Description
Welcome to 502094 Hwy 89! Walkup to the front deck (12x22) and into this move-in ready QualityHome Raised Bungalow. Built in 2010, featuring 3 bedrooms & 2 bath with a lower-level rec-roomwith propane fireplace and other partial finishings that would make for great additional livingspace or basement apartment. Complimented with modern Eat-in kitchen and breakfast bar, with awalkout to the side deck, and generous sized bedrooms with large closets. Convenient access fromthe main floor laundry room to the considerable sized 2-car attached garage. Bordering the GrandRiver this 3.05 acre property also boasts 2 separate workshops, with a 200 amp separate hydropanel. Shop #1(24x18) is 2 levels, Shop #2 (36 x 30) with 14 ft ceilings and concrete floors andoil furnace, would be great shop for car enthusiasts, home based business and back yard mechanics. 2 lots sold together: PT LT 26, CON 14 AS IN MF159815,EXCEPT PT 1, 7R3225; PT LT 26, CON 14, PTS 3 & 4, 7R3225; E LUTHER/GRAND VALLEY & PT LOT 26, CON14 EAST LUTHER BEING PARTS 3 AND 4 ON 7R6426 TOWN OF GRAND VALLEY; PIN 340590061 & PIN 340590022
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Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
277' x 1,222'
Acreage
2-4.99
Fronting
South
Taxes
$4,837 (2024)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.14' x 19.03' | |
| Kitchen | Main | 11.15' x 12.14' | |
| Dining | Main | 12.14' x 10.17' | |
| Bathroom | Main | 2.62' x 7.55' | |
| Bathroom | Main | 7.55' x 8.53' | |
| Br | Main | 12.14' x 12.14' | |
| 2nd Br | Main | 9.84' x 10.17' | |
| 3rd Br | Main | 9.51' x 12.80' | |
| Laundry | Main | 8.86' x 5.25' | |
| Rec | Lower | 23.62' x 22.97' | |
| Utility | Lower | 9.51' x 13.12' | |
| Other | Lower | 12.80' x 12.47' |
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East Luther Grand Valley Market Statistics
East Luther Grand Valley Price Trend
502094 ON-89 is a 3-bedroom 2-bathroom home listed for sale at $1,100,000, which is $103,000 (10.3%) higher than the average sold price of $997,000 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in East Luther Grand Valley increased by $177,000 (21.6%) compared to the previous 30 day period (August 18 - September 16) and up $268,000 (36.8%) from the same time one year ago.Inventory Change
There were 11 3-bedroom homes listed in East Luther Grand Valley over the last 30 days (September 17 - October 16), which is up 83.3% compared with the previous 30 day period (August 18 - September 16) and up 450.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in East Luther Grand Valley typically sold ($77,997) (7.8%) below asking price over the last 30 days (September 17 - October 16), which represents a $47,998 decrease compared to the previous 30 day period (August 18 - September 16) and $29,100 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 East Luther Grand Valley over the last 30 days (September 17 - October 16) stood at 18.2%, up from 16.7% over the previous 30 days (August 18 - September 16) and down from 50.0% 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 East Luther Grand Valley stood at 41 days when successfully sold over the last 30 days (September 17 - October 16), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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