41 Marlene St

FOR SALE
$574,900
41 Marlene St, Central Elgin
41 Marlene St
41 Marlene St
41 Marlene St
41 Marlene St
41 Marlene St
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41 Marlene St
41 Marlene St
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41 Marlene St
41 Marlene St
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41 Marlene St
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41 Marlene St
41 Marlene St
41 Marlene St
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41 Marlene St
41 Marlene St
41 Marlene St
41 Marlene St
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41 Marlene St
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BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
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Property Description
Discover your perfect retreat in this inviting 2-bedroom, 1-bathroom bungalow home that seamlessly combines comfort and functionality. Set on a beautiful treed lot, the property welcomes you with an open-concept living area featuring elegant built-in shelving and a bright, kitchen with stainless steel appliances. The warm and spacious living room flows effortlessly into a sun-filled dining area where natural light streams in and rich hardwood floors throughout the main living spaces. Step outside to experience the true gem of this property - a stunning outdoor oasis featuring a large, tree-lined yard that offers privacy and natural beauty across all seasons. A thoughtfully designed patio space with Tiki Bar provides the perfect setting for morning coffee or evening gatherings, while the meticulously maintained yard boasts mature trees and expansive lawn space for endless possibilities. Nestled in a peaceful setting yet conveniently close to urban amenities, this home creates the perfect balance for both tranquil weekends and productive workdays.
Property Details
Property Type
Detached, Bungalow
Lot Size
74' x 300'
Fronting
East
Taxes
$3,221 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Lane
Garage Type
Carport
Central Elgin Market Statistics
Central Elgin Price Trend
41 Marlene St is a 2-bedroom 1-bathroom home listed for sale at $574,900, which is $71,733 (11.1%) lower than the average sold price of $646,633 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Central Elgin declined by $247,795 (27.7%) compared to the previous 30 day period (December 22 - January 20) and up $373,207 (136.5%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Central Elgin over the last 30 days (January 21 - February 19), which is up 20.0% compared with the previous 30 day period (December 22 - January 20) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Central Elgin typically sold ($8,000) (1.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $11,085 increase compared to the previous 30 day period (December 22 - January 20) and ($7,312) 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 2-bedroom homes in Central Elgin over the last 30 days (January 21 - February 19) stood at 50.0%, down from 140.0% over the previous 30 days (December 22 - January 20) and down from 30,300.0% 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 Central Elgin stood at 64 days when successfully sold over the last 30 days (January 21 - February 19), compared to 92 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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