3220 Lakefield Rd

FOR SALE
$899,999
3220 Lakefield Rd, Smith-Ennismore-Lakefield
3220 Lakefield Rd
3220 Lakefield Rd
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6
ROOMS
X8468248
MLSID
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Property Description
Gorgeous updated one-story house located right on the outskirts of Lakefield village! A nearly half-acre country lot that is conveniently located near both Peterborough and Lakefield. A brick bungalow home is available with three bedrooms on the main floor and an additional two bedrooms in the fully finished walkout basement, perfect for in-law accommodation. Spacious living area with lots of natural light, modern kitchen with quartz countertops, and dining area that leads to a recently built deck with views of the backyard filled with trees. The basement is complete with a kitchen, living area, gas fireplace, two bedrooms, a three-piece bathroom, laundry facilities, and a separate entrance. Generous paved driveway accessible from the main road, with a double carport, natural gas connection, and various recent upgrades such as kitchen, bathrooms, flooring, electrical, plumbing, furnace, air conditioning, shingles, and a large 6000L tank.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-08-10 2022-10-31 82 $859,900 - Expired
2021-02-05 2021-02-10 5 $599,900 $650,000 Sold
2022-08-10 2022-10-31 82 $859,900 - Expired
2022-08-10 2022-10-31 82 $859,900 - Expired
Property Features
Lake/Pond, School Bus Route, Wooded/Treed
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
100' x 208'
Acreage
.50-1.99
Fronting
East
Taxes
$1,939 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Other
Smith-Ennismore-Lakefield Market Statistics
Smith-Ennismore-Lakefield Price Trend
3220 Lakefield Rd is a 3-bedroom 2-bathroom home listed for sale at $899,999, which is $55,222 (6.5%) higher than the average sold price of $844,777 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Smith-Ennismore-Lakefield increased by $223,694 (36.0%) compared to the previous 30 day period (September 21 - October 20) and up $178,111 (26.7%) from the same time one year ago.
Inventory Change
There were 17 3-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19), which is up 30.8% compared with the previous 30 day period (September 21 - October 20) and up 30.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Smith-Ennismore-Lakefield typically sold ($72,977) (8.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $47,144 decrease compared to the previous 30 day period (September 21 - October 20) and ($25,766) 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 Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19) stood at 52.9%, down from 92.3% over the previous 30 days (September 21 - October 20) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Smith-Ennismore-Lakefield stood at 63 days when successfully sold over the last 30 days (October 21 - November 19), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Real Estate Inc.
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