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Property Description
Better than new! This gorgeous brick and stone bungalow boasts all the quality finishes you expect. Nestled in the popular Rapids Parkway subdivision, it's just a short walk to excellent schools, nature trails, and parks, perfect for the growing and active family. The open-concept main level features high ceilings with elegant details, an inviting great room with a large gas fireplace and feature wall, and a stunning kitchen with granite countertops, an island, and a butler's pantry. The master retreat includes a walk-in closet and a luxurious 5-piece ensuite with a freestanding soaker tub. The finished basement is perfect for entertaining, with a huge rec room, two additional bedrooms, and a 3-piece bathroom. Enjoy outdoor gatherings on the massive covered porch and rear stamped concrete patio, accessible from the master bedroom. This home offers exceptional quality and convenience in a sought-after neighborhood, making it the perfect choice for your family.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-22 | 2025-01-19 | 90 | $949,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
52' x 134'
Lot Irregularities
Lot size is approximately
Fronting
West
Taxes
$7,234 (2024)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Sarnia Market Statistics
Sarnia Price Trend
883 Magnolia Lane is a 3-bedroom 3-bathroom home listed for sale at $849,000, which is $351,500 (70.7%) higher than the average sold price of $497,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Sarnia declined by $44,250 (8.2%) compared to the previous 30 day period (December 22 - January 20) and up $104,647 (26.6%) from the same time one year ago.Inventory Change
There were 5 3-bedroom homes listed in Sarnia over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and up 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Sarnia typically sold ($27,400) (5.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,675 decrease compared to the previous 30 day period (December 22 - January 20) and ($5,272) 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 Sarnia over the last 30 days (January 21 - February 19) stood at 80.0%, down from 80.0% over the previous 30 days (December 22 - January 20) and down from 4,900.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Sarnia stood at 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 103 days before being removed from the market upon being suspended or terminated.Listing contracted with Housesigma Inc.
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