5300 Detroit Ave

FOR SALE
$549,999
5300 Detroit Ave, Niagara Falls
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
5300 Detroit Ave
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 2
ROOMS
X11030729
MLSID
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Property Description
Great Central Location In Downtown Niagara Falls. Close To Highway 420. Conveniently Located Near Go Transit Park And Ride, Hospital, Casinos, Niagara Falls, Clifton Hill, Neighborhood Parks, & The Can-Am Border. Well Maintained With High Ceilings, Detached Garage, 2 Bedrooms, 1 Full Bathroom. A/C And Front Porch (2018), New New Flooring (2019), Shingles On Addition (2020). Plenty Of Front And Backyard Space On This 40' X 115' Lot, A Great Backyard For entertaning, New deck , New finished basement with separate entrance , basement apartment. Large detached garage ,
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-01 2020-11-04 34 $377,000 $341,000 Sold
Extras
Beautiful location and house, walking distance to the Falls and all tourists attractions.
Property Features
Fenced Yard, Public Transit, Wooded/Treed
Property Details
Property Type
Detached, Bungalow-Raised
Lot Size
40' x 115'
Acreage
< .50
Fronting
East
Taxes
$1,940 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain905.51' x 19.00'Open Concept
KitchenMain11.09' x 12.01'Picture Window, Separate Rm, Stainless Steel Appl
Prim BdrmMain9.12' x 8.99'
2nd BrMain9.12' x 8.99'
BathroomMain3.48' x 5.51'
3rd BrBsmt10.93' x 11.84'
Great RmBsmt11.15' x 12.07'Above Grade Window
Niagara Falls Market Statistics
Niagara Falls Price Trend
5300 Detroit Ave is a 2-bedroom 2-bathroom home listed for sale at $549,999, which is $71,172 (14.9%) higher than the average sold price of $478,827 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom home in Niagara Falls declined by $116,577 (19.6%) compared to the previous 30 day period (October 12 - November 10) and down $45,923 (8.8%) from the same time one year ago.
Inventory Change
There were 11 2-bedroom homes listed in Niagara Falls over the last 30 days (November 11 - December 10), which is down 42.1% compared with the previous 30 day period (October 12 - November 10) and down 15.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara Falls typically sold ($11,583) (2.4%) below asking price over the last 30 days (November 11 - December 10), which represents a $5,769 increase compared to the previous 30 day period (October 12 - November 10) and ($27,400) 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 2-bedroom homes in Niagara Falls over the last 30 days (November 11 - December 10) stood at 3,127.3%, up from 363.2% over the previous 30 days (October 12 - November 10) and up from 30.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Niagara Falls stood at 28 days when successfully sold over the last 30 days (November 11 - December 10), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Summit Realty Inc.
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