75 Somerset Cres
Observatory, Richmond Hill, L4C 8N8
FOR SALE
$1,799,000
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BEDROOMS4
BATHROOMS1
KITCHENS8 + 2
ROOMSN11969354
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Property Description
Stunning, bright, and spacious detached home situated on an incredible 45' x 150' deep lot with a renovated front and backyard. Perfect family home, thoughtfully updated, this 4+1 bedroom, 4-bathroom residence offers over 3300 sf of exceptional living space. A double-car detached garage, a generous family room, and an elegant living/dining area set the stage for comfort and style. The large, modern kitchen features an island and ample cabinetry, perfect for entertaining. Elegant crystal lighting, sleek marble fireplaces, and smooth ceilings elevate the homes sophistication. The expansive primary suite boasts its own fireplace, creating a cozy retreat. The finished basement includes a vast recreation area, an additional bedroom, and a full bathroom. Ideally located just steps from Observatory Park and within the highly sought-after Bayview Secondary School zone. This is must see!!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-04 | 2024-07-02 | 91 | $2,338,000 | - | Expired |
2024-02-04 | 2024-04-05 | 61 | $2,288,000 | - | Terminated |
2024-02-04 | 2024-04-05 | 61 | $2,288,000 | - | Terminated |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
45' x 150'
Fronting
East
Taxes
$8,383 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.32' x 18.11' | Wall Sconce Lighting, Hardwood Floor, Moulded Ceiling |
Dining | Main | 11.61' x 14.93' | French Doors, Hardwood Floor, Moulded Ceiling |
Family | Main | 11.55' x 17.75' | Hardwood Floor, Marble Fireplace, Moulded Ceiling |
Kitchen | Main | 9.88' x 13.68' | Breakfast Area, Family Size Kitchen, W/O To Deck |
Prim Bdrm | 2nd | 16.90' x 23.16' | 5 Pc Ensuite, Marble Fireplace, W/I Closet |
2nd Br | 2nd | 11.32' x 16.11' | Double Closet, Hardwood Floor, Semi Ensuite |
3rd Br | 2nd | 10.83' x 12.27' | Hardwood Floor, Window, Closet |
4th Br | 2nd | 12.04' x 10.04' | Hardwood Floor, Closet, Window |
Br | Bsmt | 10.86' x 12.89' | W/I Closet, Window |
Exercise | Bsmt | 12.73' x 17.26' | Open Concept, Coffered Ceiling, Window |
Rec | Bsmt | 11.15' x 17.75' | Window, Open Concept |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
75 Somerset Cres is a 4-bedroom 4-bathroom home listed for sale at $1,799,000, which is $208,880 (10.4%) lower than the average sold price of $2,007,880 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $147,381 (7.9%) compared to the previous 30 day period (December 22 - January 20) and up $6,130 (0.3%) from the same time one year ago.Inventory Change
There were 145 4-bedroom homes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 133.9% compared with the previous 30 day period (December 22 - January 20) and up 49.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $6,282 (0.3%) above asking price over the last 30 days (January 21 - February 19), which represents a $52,580 increase compared to the previous 30 day period (December 22 - January 20) and ($42,642) 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 4-bedroom homes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 30.3%, down from 40.3% over the previous 30 days (December 22 - January 20) and down from 44.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Richmond Hill stood at 30 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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