7458 5th Line

Rural Essa, Essa, L0M 1B1
FOR SALE
$1,250,000
7458 5th Line, Essa
7458 5th Line
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
N9254737
MLSID
Contact Us
Property Description
Don't miss out the opportunity to own a 1.85 acre lot in this market. Plenty of upgrades including kitchen, bathroom and flooring. We have a double garage with a workshop attached and a separate entrance to the lower level. Lets not forget a finished basement with a secondary kitchen rough in. Enjoy some peace and quite in your beautiful backyard!
Extras
Star link antenna was installed for better internet service
Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
400' x 197'
Fronting
South
Taxes
$3,504 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain13.12' x 13.78'Semi Ensuite
BrMain12.80' x 13.12'
BrMain9.51' x 9.84'
LivingMain13.12' x 17.39'Laminate, Open Concept
RecBsmt17.06' x 20.67'Laminate, Open Concept, Fireplace
LivingBsmt10.33' x 20.67'Laminate
BrBsmt7.87' x 12.14'Laminate
Essa Market Statistics
Essa Price Trend
7458 5th Line is a 3-bedroom 2-bathroom home listed for sale at $1,250,000, which is $557,750 (80.6%) higher than the average sold price of $692,250 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Essa declined by $68,666 (9.0%) compared to the previous 30 day period (September 21 - October 20) and down $159,431 (18.7%) from the same time one year ago.
Inventory Change
There were 14 3-bedroom homes listed in Essa over the last 30 days (October 21 - November 19), which is down 44.0% compared with the previous 30 day period (September 21 - October 20) and down 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Essa typically sold ($20,407) (2.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $6,866 decrease compared to the previous 30 day period (September 21 - October 20) and ($32,193) 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 Essa over the last 30 days (October 21 - November 19) stood at 85.7%, up from 48.0% over the previous 30 days (September 21 - October 20) and up 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 Essa stood at 52 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Security Real Estate
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