4869 Second Ave
211 - Cherrywood, Niagara Falls, L2E 4H9
FOR SALE
$388,800
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BEDROOMS2
BATHROOMS1
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Property Description
ATTENTION BARGIN HUNTERS AND INVESTORS ! .check out this 2 story 4 bedroom 2 bath brick home centrally located in an established Niagara Falls neighborhood. This property is being sold in as is condition and is priced to allow for updating and adding your finishing touches. Open concept living /dining room with gleaming hardwood floors, large eat-in kitchen ,2 baths, 4 bedrooms and a den/office room. There are 2 front entry doors and electrical panels which could provide nice in-law setup or extra income possibilities. Opportunities like this do not last ! BONUS: The Seller will consider holding a mortgage for a qualified purchaser.
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Property Features
Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
40' x 50'
Fronting
West
Taxes
$2,217 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.24' x 10.99' | Eat-In Kitchen |
| Dining | Main | 10.17' x 12.01' | Hardwood Floor |
| Living | Main | 10.17' x 12.01' | Hardwood Floor |
| Br | 2nd | 8.01' x 11.09' | Hardwood Floor |
| 2nd Br | 2nd | 9.51' x 10.99' | Hardwood Floor |
| 3rd Br | 2nd | 9.51' x 10.30' | Hardwood Floor |
| Den | 2nd | 6.89' x 8.50' | Hardwood Floor |
| 4th Br | 3rd | 12.01' x 14.50' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4869 Second Ave is a 4-bedroom 2-bathroom home listed for sale at $388,800, which is $276,162 (41.5%) lower than the average sold price of $664,962 in the last 30 days (December 10 - January 8). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls declined by $31,309 (4.5%) compared to the previous 30 day period (November 10 - December 9) and down $100,163 (13.1%) from the same time one year ago.Inventory Change
There were 30 4-bedroom homes listed in Niagara Falls over the last 30 days (December 10 - January 8), which is down 3.2% compared with the previous 30 day period (November 10 - December 9) and up 130.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold ($8,801) (1.3%) below asking price over the last 30 days (December 10 - January 8), which represents a $10,036 increase compared to the previous 30 day period (November 10 - December 9) and ($47,125) 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 4-bedroom homes in Niagara Falls over the last 30 days (December 10 - January 8) stood at 473.3%, down from 935.5% over the previous 30 days (November 10 - December 9) and up from 61.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Niagara Falls stood at 42 days when successfully sold over the last 30 days (December 10 - January 8), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Heritage House Ltd
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