14 Tower Rd

FOR SALE
$599,995
14 Tower Rd, Arran-Elderslie
14 Tower Rd
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 5
ROOMS
X11922428
MLSID
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Property Description
A newly updated four bedroom home located in a desirable neighborhood of Chesley, adjacent to parkland for family fun. This property offers a deep partially treed lot with outdoor storage sheds and space for children to play. Stepping inside you will be impressed with the bright, spacious main level with updated kitchen cabinetry, stainless appliances and coffee bar. The dining room has a patio door opening to a multi-tiered deck for outdoor entertaining. The upper level offers 3 bedrooms with the primary bedroom accessing the main bath. Heading to the lower level you will find a newly renovated rec-room with electric fireplace and 3 pc bath, along with a guest bedroom/den. The basement offers space for storage and the laundry / furnace room. This home is perfect for a growing family. Homes in this area are seldom on the market.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-30 2020-07-21 22 $324,900 $325,000 Sold
2024-08-15 2024-11-15 92 $619,900 - Expired
Property Features
Park, Place Of Worship, Ravine, River/Stream, School, School Bus Route
Property Details
Street
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
1100-1500
Lot Size
80' x 150'
Acreage
< .50
Fronting
North
Taxes
$4,281 (2024)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.99' x 9.91'Pantry
FamilyMain18.31' x 11.91'
DiningMain12.83' x 10.07'
Bathroom2nd4.82' x 11.48'4 Pc Bath
Prim Bdrm2nd11.55' x 12.40'Ensuite Bath
Br2nd11.91' x 11.75'
Br2nd10.93' x 9.06'
BathroomLower4.99' x 7.32'3 Pc Bath
BrLower12.01' x 12.40'
RecLower20.73' x 11.81'
UtilityBsmt11.38' x 20.08'
UtilityBsmt11.55' x 11.48'
Arran-Elderslie Market Statistics
Arran-Elderslie Price Trend
14 Tower Rd is a 3-bedroom 2-bathroom home listed for sale at $599,995, which is $10,235 (1.7%) higher than the average sold price of $589,760 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Arran-Elderslie increased by $211,460 (55.9%) compared to the previous 30 day period (December 22 - January 20) and up $232,816 (65.2%) from the same time one year ago.
Inventory Change
There were 5 3-bedroom homes listed in Arran-Elderslie over the last 30 days (January 21 - February 19), which is up 150.0% compared with the previous 30 day period (December 22 - January 20) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Arran-Elderslie typically sold ($13,979) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $654 increase compared to the previous 30 day period (December 22 - January 20) and ($42,000) 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 Arran-Elderslie over the last 30 days (January 21 - February 19) stood at 100.0%, down from 150.0% over the previous 30 days (December 22 - January 20) 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 Arran-Elderslie stood at 116 days when successfully sold over the last 30 days (January 21 - February 19), compared to 130 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate
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