7 Ripley Lane

NE, St. Thomas, N5R 5X1
FOR SALE
$609,000
7 Ripley Lane, St. Thomas
7 Ripley Lane
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
X9234693
MLSID
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Property Description
Come discover 7 Ripley Lane in St. Thomas. Nestled in a serene community mere steps from your daily needs. Indulge in convenient proximity to a variety of shopping venues, delectable dining options, grocery stores, and entertainment spots. Step inside to a well-lit living and dining space on the first floor, complimented by a roomy kitchen perfect for meal prep and casual dining. Also on the main you will find three cozy bedrooms and a modern 3-piece washroom featuring a walk-in shower. Venture downstairs to find a recreation room ideal for relaxation or hobbies, a dedicated office space, a full 4-piece bathroom, and generous storage solutions. Step outside to relish in the private comfort of a screened-in car port during the warm summer months. This house is primed for you to infuse it with your personal touch. Explore the property virtually with our 360 iGuide tour and then seize the opportunity to experience it firsthand by scheduling your showing today.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-30 2024-07-30 91 $619,000 - Expired
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 100'
Acreage
< .50
Fronting
West
Taxes
$3,211 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain17.03' x 12.96'
DiningMain9.38' x 9.32'
KitchenMain15.55' x 14.93'
Prim BdrmMain10.14' x 13.88'
2nd BrMain10.50' x 12.53'
3rd BrMain9.42' x 9.22'
RecBsmt22.74' x 22.83'
4th BrBsmt7.22' x 14.73'
LaundryBsmt22.97' x 13.68'
St. Thomas Market Statistics
St. Thomas Price Trend
7 Ripley Lane is a 3-bedroom 2-bathroom home listed for sale at $609,000, which is $40,949 (7.2%) higher than the average sold price of $568,051 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in St. Thomas declined by $4,962 (0.9%) compared to the previous 30 day period (July 22 - August 20) and up $48,016 (9.2%) from the same time one year ago.
Inventory Change
There were 48 3-bedroom homes listed in St. Thomas over the last 30 days (August 21 - September 19), which is up 41.2% compared with the previous 30 day period (July 22 - August 20) and up 2,300.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in St. Thomas typically sold ($7,622) (1.3%) below asking price over the last 30 days (August 21 - September 19), which represents a $3,599 increase compared to the previous 30 day period (July 22 - August 20) and $5,135 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 (August 21 - September 19) stood at 72.9%, down from 108.8% over the previous 30 days (July 22 - August 20) and down from 100.0% 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 St. Thomas stood at 24 days when successfully sold over the last 30 days (August 21 - September 19), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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