12 Reids Rdge

FOR SALE
$1,449,900
12 Reids Rdge, Oro-Medonte
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3 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
S9272238
MLSID
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Property Description
Top 5 Reasons You Will Love This Home: 1) Exquisite all-brick bungalow flaunting a heated triple car garage, an expanded driveway and a covered front porch and is ideally situated in a private cal-de-sac 2) A perfect home offering income potential or multigenerational living with its bright, fully finished basement with a separate entrance that consists of a generous recreation room with a second fireplace, two bedrooms, a 4-piece bathroom, and provisions for a kitchenette or wet bar 3) The main living area exudes luxury throughout, with its 9ft ceilings, recessed lighting and the impressive kitchen boasting a sizeable island with breakfast bar seating, granite countertops, and high-end stainless-steel appliances, while the living room showcases a sleek gas fireplace perfect for winter evenings 4) The primary bedroom with an ensuite bathroom and walk-in closet, followed by an additional two spacious bedrooms, creates ample space for a growing family 5) Meticulously landscaped backyard complete with ample patio space, a charming gazebo, an inviting hot tub, and a practical gas hookup, catering to those with a taste for sophistication along with an irrigation system for easy maintenance make this backyard oasis perfect for hosting family and friends. 4,053 fin.sq.ft. Age 7. Visit our website for more detailed information.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-06 2024-08-28 83 $1,449,900 - Terminated
2024-05-16 2024-06-06 21 $1,449,900 - Terminated
2024-02-05 2024-03-18 42 $1,399,000 - Terminated
2024-03-18 2024-04-03 16 $1,349,000 - Terminated
2024-04-03 2024-05-06 33 $1,349,000 - Terminated
Property Features
Clear View, Cul De Sac, Golf, Rolling
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
63' x 146'
Acreage
.50-1.99
Fronting
West
Taxes
$5,700 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.45' x 22.67'Hardwood Floor, Quartz Counter, W/O To Patio
LivingMain13.94' x 21.03'Hardwood Floor, Open Concept, Gas Fireplace
DenMain11.35' x 12.20'Hardwood Floor, Window
Prim BdrmMain13.06' x 15.62'4 Pc Ensuite, Hardwood Floor, W/I Closet
BrMain11.55' x 13.68'Hardwood Floor, Closet, Window
BrMain11.19' x 13.65'Hardwood Floor, Closet, Window
LaundryMain8.92' x 12.73'Ceramic Floor, Laundry Sink, Access To Garage
RecSub-Bsmt24.74' x 37.04'Hardwood Floor, Fireplace, Recessed Lights
ExerciseBsmt18.08' x 22.83'Hardwood Floor, Window, Recessed Lights
BrBsmt12.63' x 13.29'Hardwood Floor, Closet, Window
BrBsmt12.86' x 13.22'Hardwood Floor, Closet, Window
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
12 Reids Rdge is a 3-bedroom 4-bathroom home listed for sale at $1,449,900, which is $490,159 (51.1%) higher than the average sold price of $959,741 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte declined by $180,759 (15.8%) compared to the previous 30 day period (July 22 - August 20) and down $38,996 (3.9%) from the same time one year ago.
Inventory Change
There were 44 3-bedroom homes listed in Oro-Medonte over the last 30 days (August 21 - September 19), which is up 63.0% compared with the previous 30 day period (July 22 - August 20) and up 69.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oro-Medonte typically sold ($19,199) (2.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $48,140 increase compared to the previous 30 day period (July 22 - August 20) and ($24,812) 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 Oro-Medonte over the last 30 days (August 21 - September 19) stood at 27.3%, down from 37.0% over the previous 30 days (July 22 - August 20) and down from 30.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Oro-Medonte stood at 46 days when successfully sold over the last 30 days (August 21 - September 19), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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