1 Russet Lane

SE, St. Thomas, N5R 0E5
FOR SALE
$859,900
1 Russet Lane, St. Thomas
1 Russet Lane
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3 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
14
ROOMS
X8174396
MLSID
Contact Us
Property Description
Escape the city to this stunning Doug Tarry-built oasis! Nestled in the idyllic Orchard Park neighborhood, steps from Mitchell Hepburn Public School and Applewood Park. This spacious home boasts 3+1 beds, 3.5 baths, sleek family style kitchen, and a finished basement. Enjoy the wide corner lot, heated garage, and a deck surrounding the swim spa. Explore trails, dine in style, and embrace small-town living just 25 mins from the 401. Just 15 minutes away from charming Port Stanley, Lake Erie
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-30 2023-07-31 32 $849,000 - Expired
2022-03-14 2022-03-23 9 $950,000 $1,000,000 Sold
2018-11-30 2019-02-08 76 $475,000 $467,500 Sold
2015-09-07 2015-11-23 76 $336,300 $336,300 Sold
2023-02-17 2023-06-29 132 $829,900 - Terminated
Property Features
Fenced Yard, Library, Park, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
59' x 116'
Fronting
North
Taxes
$4,703 (2023)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrBsmt11.15' x 12.01'Closet
St. Thomas Market Statistics
St. Thomas Price Trend
1 Russet Lane is a 3-bedroom 4-bathroom home listed for sale at $859,900, which is $290,689 (51.1%) higher than the average sold price of $569,211 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in St. Thomas increased by $49,065 (9.4%) compared to the previous 30 day period (February 28 - March 28) and up $9,211 (1.6%) from the same time one year ago.
Inventory Change
There were 16 3-bedroom homes listed in St. Thomas over the last 30 days (March 29 - April 27), which is up 128.6% compared with the previous 30 day period (February 28 - March 28) and up 300.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in St. Thomas typically sold ($12,203) (2.1%) below asking price over the last 30 days (March 29 - April 27), which represents a $1,013 increase compared to the previous 30 day period (February 28 - March 28) and $35,000 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 St. Thomas over the last 30 days (March 29 - April 27) stood at 562.5%, down from 657.1% over the previous 30 days (February 28 - March 28) and up from 25.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in St. Thomas stood at 25 days when successfully sold over the last 30 days (March 29 - April 27), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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