5878 4th Line

FOR SALE
$1,749,000
5878 4th Line, New Tecumseth
5878 4th Line
5878 4th Line
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
N9357729
MLSID
Contact Us
Property Description
Charming 3-Bedroom Bungalow Nestled On A Picturesque Appx. 10-Acre Property In Beautiful New Tecumseth. This Serene Retreat Features A Private Pond, Mature Trees, And Offers Peace And Privacy. The Bungalow Boasts Approximately 2500 Square Feet Of Living Space Plus A Finished Walk-Out Basement. Perfect For Hobbyists Or Car Enthusiasts, The Property Includes A Heated Workshop And A Detached Garage With Space For Up To 10 Large Cars. Despite Its Tranquility, It Is Conveniently Located Less Than 5 Minutes From Local Amenities And Just 10 Minutes From Highway 400. Ideal For Those Seeking A Blend Of Rural Charm And Modern Convenience.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-19 2024-09-19 62 $1,798,000 - Terminated
2024-07-11 2024-07-19 8 $1,898,000 - Terminated
2024-06-26 2024-07-11 15 $2,199,000 - Terminated
2023-07-20 2023-11-10 113 $2,700,000 - Terminated
Extras
HWT (Owned), Two Wood Stoves. Heated Workshop. Detached 10 Car Garage With Bay Doors
Property Features
Lake/Pond, Rec Centre, School, Wooded/Treed
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
200' x 2,179'
Acreage
5-9.99
Lot Irregularities
Approximately 10 Acres
Fronting
North
Taxes
$10,496 (2024)
Basement
Finished, W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain21.00' x 14.24'Ceramic Floor, Breakfast Bar, Access To Garage
DiningMain14.07' x 14.34'Parquet Floor, Large Window, Combined W/Family
FamilyMain18.31' x 23.72'Parquet Floor, Vaulted Ceiling, W/O To Deck
Prim BdrmMain18.08' x 14.99'Broadloom, W/I Closet, 3 Pc Ensuite
2nd BrMain13.12' x 13.12'Broadloom, Closet, Large Window
3rd BrMain10.89' x 13.65'Broadloom, Closet, Large Window
BrBsmt15.58' x 17.98'Broadloom, Closet, Above Grade Window
RecBsmt17.91' x 22.57'Broadloom, Open Concept, Walk-Out
DiningBsmt14.99' x 30.84'Broadloom, Open Concept, Dry Bar
KitchenBsmt13.98' x 13.58'Tile Floor, Large Window
New Tecumseth Market Statistics
New Tecumseth Price Trend
5878 4th Line is a 3-bedroom 3-bathroom home listed for sale at $1,749,000, which is $921,813 (111.4%) higher than the average sold price of $827,187 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth declined by $13,500 (1.6%) compared to the previous 30 day period (September 23 - October 22) and down $7,813 (0.9%) from the same time one year ago.
Inventory Change
There were 46 3-bedroom homes listed in New Tecumseth over the last 30 days (October 23 - November 21), which is down 16.4% compared with the previous 30 day period (September 23 - October 22) and up 21.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($24,433) (3.0%) below asking price over the last 30 days (October 23 - November 21), which represents a $10,487 decrease compared to the previous 30 day period (September 23 - October 22) and ($22,599) 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 New Tecumseth over the last 30 days (October 23 - November 21) stood at 69.6%, up from 58.2% over the previous 30 days (September 23 - October 22) and up from 26.3% 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 New Tecumseth stood at 35 days when successfully sold over the last 30 days (October 23 - November 21), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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