75 Settlement Lane
601 - Village of Russell, Russell, K4R 0A4
FOR SALE
$719,900
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS10 + 4
ROOMSX11929483
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Property Description
Move-In Ready Bungalow in Russell! Discover this oversized 5-bedroom, 2-bathroom bungalow in the charming community of Russell, Ontario. This thoughtfully designed home features a spacious open-concept kitchen and living area, ideal for hosting and everyday family life. The modern kitchen is equipped with sleek stainless steel appliances and a large island, perfect for cooking and gathering. With its functional layout and generous space, this home caters to all your needs. Conveniently situated near top-rated schools and a wide array of amenities, you'll love the lifestyle this location offers. Dont miss the chance to call this stunning bungalow your new home!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-05 | 2025-01-17 | 134 | $749,000 | - | Terminated |
2024-07-25 | 2024-09-05 | 42 | $899,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 110'
Fronting
North
Taxes
$4,442 (2024)
Basement
Finished, Full
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
Attached
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Russell Market Statistics
Russell Price Trend
75 Settlement Lane is a 3-bedroom 2-bathroom home listed for sale at $719,900, which is $205,185 (39.9%) higher than the average sold price of $514,715 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Russell declined by $74,492 (12.6%) compared to the previous 30 day period (November 19 - December 18) and down $250,285 (32.7%) from the same time one year ago.Inventory Change
There were 11 3-bedroom homes listed in Russell over the last 30 days (December 19 - January 17), which is down 0.0% compared with the previous 30 day period (November 19 - December 18) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Russell typically sold ($9,059) (1.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $72 decrease compared to the previous 30 day period (November 19 - December 18) and ($34,900) 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 3-bedroom homes in Russell over the last 30 days (December 19 - January 17) stood at 1,081.8%, up from 709.1% over the previous 30 days (November 19 - December 18) and down from ∞ 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 Russell stood at 35 days when successfully sold over the last 30 days (December 19 - January 17), compared to 130 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Group
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