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Property Description
This charming property offers a range of desirable features, making it an ideal choice for a retired couple or those just starting out. Situated in a convenient location, this property offers easy access to various amenities and attractions: Just one block away from a primary school, making it convenient for families. The high school is within a 10-minute walk, providing close proximity for teenagers or educators. With a 10-minute drive to the hospital, medical care is easily accessible when needed. The property boasts a large treed backyard, offering a private and tranquil setting. Whether you enjoy gardening, hosting outdoor gatherings, or simply relaxing amidst nature, this backyard provides ample space to fulfill your desires.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-16 | 2024-01-11 | 87 | $372,000 | - | Terminated |
| 2023-08-09 | 2023-09-24 | 46 | $382,901 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
44' x 150'
Fronting
South
Taxes
$1,610 (2023)
Basement
Full, Unfinished
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.58' x 10.50' | |
| Dining | Main | 8.76' x 10.50' | |
| Kitchen | Main | 6.82' x 9.42' | |
| Br | Main | 7.91' x 10.66' | |
| Br | Main | 10.66' x 7.91' |
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Hanover Market Statistics
Hanover Price Trend
503 12th St is a 2-bedroom 1-bathroom home listed for sale at $369,700, which is $259,840 (41.3%) lower than the average sold price of $629,540 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Hanover increased by $34,540 (5.8%) compared to the previous 30 day period (February 29 - March 29) and up $304,540 (93.7%) from the same time one year ago.Inventory Change
There were 2 2-bedroom homes listed in Hanover over the last 30 days (March 30 - April 28), which is down 0.0% compared with the previous 30 day period (February 29 - March 29) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Hanover typically sold ($179) (0.0%) below asking price over the last 30 days (March 30 - April 28), which represents a $4,721 increase compared to the previous 30 day period (February 29 - March 29) and ($50,000) 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 Hanover over the last 30 days (March 30 - April 28) stood at 250.0%, up from 150.0% over the previous 30 days (February 29 - March 29) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Hanover stood at 46 days when successfully sold over the last 30 days (March 30 - April 28), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Parker Coulter Realty Brokerage Inc.
Similar Listings
This charming 3 bedroom home is nestled on a generous lot that offers endless potential for buyers with a vision for renovation and personalization. This property presents a fantastic opportunity for individuals seeking a blank canvas to create their dream home. The property features a generous living room, dining room and family room, providing an ideal area for relaxation and entertainment. The large lot surrounding the house provides immense potential for expansion, or the ideal backyard for outdoor living providing the perfect setting for those with a green thumb or desire for outdoor entertaining. Situated within a short walk to shops, restaurants, schools and parks, ensuring all your day-to-day needs are easily accessible. An exceptional opportunity to add your personal touch and transform this house into a magnificent home. With its great lot and convenient location, this property has the potential to become a haven of comfort and style!
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