3 Basswood Dr
Rural Somerville, Kawartha Lakes, K0M 1C0
FOR SALE
$575,000
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Property Description
Amazing opportunity to own waterfront property on the Burnt River! Affordable and waiting for You! Check out this 4 bedroom, 1.5 bathroom cottage or home on a nice riverfront lot. Home features generator hook up, on demand hot water, forced air propane furnace, 200 amp service, WETT certified woodstove, and metal roof. Store all of your toys or work on your hobbies in the detached garage with loft, separate 100 amp hydro service and it's own woodstove. Enjoy swimming, kayaking, canoeing and other water activities or simply take in the water views from your screened in sunroom. Owners have never had flooding in this home. Most amenities just 10 minutes away in Fenelon Falls and approximately 2 hours to the GTA. Don't miss out, book your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-31 | 2024-11-15 | 168 | $599,900 | - | Expired |
| 2024-05-31 | 2024-09-03 | 95 | $599,900 | $551,000 | Sold |
| 2015-05-19 | 2015-10-31 | 164 | $269,000 | - | Expired |
| 2008-07-03 | 2008-09-09 | 69 | $239,900 | $225,000 | Sold |
Extras
Property has drilled well for home and owners have used the river water source to water gardens. Septic was pumped April 2024. 2 story garage is 24 x 18. Woodstove in living room is WETT Certified.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
57' x 225'
Acreage
< .50
Lot Irregularities
Not an exact Rectangle
Fronting
East
Taxes
$3,160 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
7
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 11.19' x 23.20' | Combined W/Dining |
| Dining | Ground | 11.19' x 23.20' | Combined W/Kitchen |
| Living | Ground | 9.28' x 21.19' | Wood Stove |
| Br | Ground | 7.32' x 8.50' | |
| 2nd Br | Ground | 7.32' x 8.50' | |
| Bathroom | Ground | 3.61' x 4.76' | 2 Pc Bath |
| Sunroom | Ground | 11.52' x 21.49' | East View |
| Mudroom | Ground | 11.52' x 16.01' | Combined W/Laundry |
| Family | 2nd | 11.48' x 12.99' | |
| Prim Bdrm | 2nd | 11.09' x 14.11' | 4 Pc Ensuite |
| 4th Br | 2nd | 9.61' x 9.74' | |
| Bathroom | 2nd | 7.51' x 8.23' | 4 Pc Ensuite |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
3 Basswood Dr is a 4-bedroom 2-bathroom home listed for sale at $575,000, which is $220,750 (27.7%) lower than the average sold price of $795,750 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Kawartha Lakes declined by $55,650 (6.5%) compared to the previous 30 day period (September 21 - October 20) and up $83,202 (11.7%) from the same time one year ago.Inventory Change
There were 27 4-bedroom homes listed in Kawartha Lakes over the last 30 days (October 21 - November 19), which is up 35.0% compared with the previous 30 day period (September 21 - October 20) and up 3.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kawartha Lakes typically sold ($34,099) (4.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $5,611 increase compared to the previous 30 day period (September 21 - October 20) and ($48,398) 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 Kawartha Lakes over the last 30 days (October 21 - November 19) stood at 37.0%, down from 50.0% over the previous 30 days (September 21 - October 20) and down from 50.0% 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 Kawartha Lakes stood at 45 days when successfully sold over the last 30 days (October 21 - November 19), compared to 109 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Heritage Realty Ltd
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