7 Drake Crt

FOR SALE
$1,299,000
7 Drake Crt, Strathroy-Caradoc
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
X9005206
MLSID
Contact Us
Property Description
Luxurious custom (2197sf on main floor) home built by Portugal Homes in Saxonville Estates. From the moment you walk into the grand foyer, you'll be impressed with high ceilings and luxury trim ! Open concept great room with 12 foot ceiling, transom windows, hardwood floor, fireplace and built-in shelving is sure to impress ! Love to cook ? Kitchen is to die for, with large island, stainless appliances, meganite countertops, and large pantry in nearby mudroom. 3 bedrooms on main (one is currently used as a den). Large Primary bedroom has sitting area, door to deck, coiffered ceiling, large walk-in closet, and luxurious 5 pc ensuite bath, with jetted tub and tiled shower. Downstairs is a 4th bedroom, a potential 5th bedroom or games room, 3rd full bath, family room with fireplace ( lower level has 1290sf finished). Plenty of unfinished space in utility area for a workshop, studio, or fitness area. Potential for extended family or accessory apartment. Outside there is a large covered porch with see thru glass railing. Lot borders on conservation land, and one can view the birds and nature from their dining table. The owner has meticulously landscaped and kept the conservation lands clean and tidy. Sandpoint/pump and sprinkler system included. Thousands spent on upgrades. This one has it all. Make this your dream home today, it is one of a kind ! Book your private viewing today !!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-23 2023-10-23 13 $1,299,000 - Expired
Extras
Additional Inclusions: Mixed bed water softener, 4 Stage Reverse Osmosis water purification system, sandpoint and pump and sprinkler system
Property Features
Cul De Sac, Grnbelt/Conserv, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
82' x 156'
Fronting
West
Taxes
$5,875 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.34' x 14.01'
DiningMain12.60' x 14.01'
Great RmMain16.99' x 19.26'
Prim BdrmMain13.58' x 16.01'
2nd BrMain10.07' x 12.99'
3rd BrMain10.60' x 12.01'
BathroomMain10.60' x 12.24'5 Pc Ensuite
BathroomMain8.17' x 9.15'4 Pc Bath
FamilyLower15.32' x 24.51'
4th BrLower11.09' x 12.66'
5th BrLower15.32' x 24.51'
BathroomLower8.01' x 8.33'3 Pc Bath
Strathroy-Caradoc Market Statistics
Strathroy-Caradoc Price Trend
7 Drake Crt is a 3-bedroom 3-bathroom home listed for sale at $1,299,000, which is $660,556 (103.5%) higher than the average sold price of $638,444 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 3 bedroom home in Strathroy-Caradoc increased by $4,368 (0.7%) compared to the previous 30 day period (August 5 - September 3) and down $143,556 (18.4%) from the same time one year ago.
Inventory Change
There were 28 3-bedroom homes listed in Strathroy-Caradoc over the last 30 days (September 4 - October 3), which is up 250.0% compared with the previous 30 day period (August 5 - September 3) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Strathroy-Caradoc typically sold ($4,833) (0.8%) below asking price over the last 30 days (September 4 - October 3), which represents a $3,105 increase compared to the previous 30 day period (August 5 - September 3) and ($7,900) 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 Strathroy-Caradoc over the last 30 days (September 4 - October 3) stood at 32.1%, down from 162.5% over the previous 30 days (August 5 - September 3) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Strathroy-Caradoc stood at 32 days when successfully sold over the last 30 days (September 4 - October 3), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Centre City Realty Inc.
Similar Listings
2129 Lockwood Cres, Strathroy-Caradoc
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'Nestled on 0.4 acres of tranquility !!!. This 2-bedroom bungalow in the desirable South Creek neighborhood of Mount Brydges backs onto environmentally protected land. Featuring 2 bedrooms, 2 bathrooms, and an additional living room/office. This home boasts 9' ceilings, with vaulted ceilings in the bedrooms and family area.The open-concept living/kitchen area offers stunning forest and ravine views. The herringbone hardwood flooring runs throughout, except in the kitchen and wet areas. Step out onto the spacious 30' x 10' deck with glass railing is perfect for small gatherings. An unfinished 2,000 sq. ft. walkout basement gives you endless customization options. Just 15 minutes from London, with easy access to Highways 402 and 401, this home offers serene living in a quiet community'. Please see attachments for list of recent upgrades
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