3911 Devitts Rd

FOR SALE
$2,888,000
3911 Devitts Rd, Scugog
3911 Devitts Rd
3911 Devitts Rd
3911 Devitts Rd
3911 Devitts Rd
3911 Devitts Rd
3911 Devitts Rd
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
E8207676
MLSID
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Property Description
151 Acres of Magnificent Farmland with Pond, a 3-story house, barn, and pond-front building with a bar, in need of finishing renovations. Only 7 minutes from Highway 407, it is located in the scenic area, just 5 minutes from Port Perry. There are four road accesses with individual municipal numbers. Additionally, there are 60 acres of flat, tree-free land for farming, with possibilities to build additional houses for Airbnb and bed and breakfast tourist accommodations.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-21 2023-03-18 362 $3,000 $3,000 Leased
2019-06-14 2019-10-16 125 $3,500 $4,000 Leased
Extras
Price $2,888,000.00 up to $1,000,000.00 optional VTB at low interest rate.
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
3,889' x 2,177'
Acreage
100+
Fronting
North
Taxes
$6,500 (2024)
Basement
Part Fin, W/O
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
12
Driveway
Private
Garage Type
Detached
Scugog Market Statistics
Scugog Price Trend
3911 Devitts Rd is a 2-bedroom 2-bathroom home listed for sale at $2,888,000, which is $1,913,308 (196.3%) higher than the average sold price of $974,692 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom home in Scugog increased by $181,359 (22.9%) compared to the previous 30 day period (March 4 - April 2) and up $33,776 (3.6%) from the same time one year ago.
Inventory Change
There were 17 2-bedroom homes listed in Scugog over the last 30 days (April 3 - May 2), which is up 112.5% compared with the previous 30 day period (March 4 - April 2) and up 41.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scugog typically sold ($14,369) (1.5%) below asking price over the last 30 days (April 3 - May 2), which represents a $13,619 increase compared to the previous 30 day period (March 4 - April 2) and ($6,566) 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 Scugog over the last 30 days (April 3 - May 2) stood at 76.5%, down from 112.5% over the previous 30 days (March 4 - April 2) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scugog stood at 14 days when successfully sold over the last 30 days (April 3 - May 2), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Cimerman Real Estate Limited
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