490 Mathews Rd N
336 - Point Abino, Fort Erie, L0S 1R0
FOR SALE
$1,349,900
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3 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 4
ROOMSX11918947
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Property Description
If your heart belongs in the country but you want to be close enough to the city and beaches, this is absolutely your chance for a dream location. Original owner in this charming, custom built Rick Stewart home sitting on 45 acres , featuring ponds, outbuildings and a cash crop. Four bedroom home with one bedroom on main floor, 2 bedrooms on second floor and a basement bedroom. The main floor features tongue and groove pine, pine flooring throughout, and an updated kitchen with island. Vaulted ceilings and Hearthstone wood stove in the open concept dining/living room. Main floor laundry. Perfect basement set up for Multi-generational families, in-laws, rental unit, or for older children who desire their own space. Featuring a separate entrance with an inlaw suite with One bedroom with walk in closet, 3 piece bath, full kitchen and large rec room. The basement is bright and spacious with the help of proper Egress windows (2022) . Landmark windows on main floor and second floor with lifetime warranty (2015), including Velux skylights. Custom made 2pc bath on main floor and new 2nd floor bathroom in 2017. New front and back decks with all the privacy you could want! New roof in 2014. Cedar barn built 16 years ago and workshop built 26 years ago. Property butts up against the friendship trail! Take a beautiful horse back ride down the friendship trail to the beach. Also included entrance into Sherkston Shores Resort ! Septic report (2024) is available. Exterior painted (2022) Wood burning stove (2023) Electrical Panels (2021) Main floor appliances (2021) Basement Egress windows (2022) New pump system for dug well water (2024) , cistern has it's own separate pump. **EXTRAS** Farmer that rents the 30 acres is paying $1500 annually. There is no long term lease with farmer, so it can be ended if desired by new buyer. Septic (JULY 2024) and WETT inspection (SEPT 2024) available upon request.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-11 | 2025-04-24 | 134 | $1,398,000 | - | Terminated |
Property Features
Beach, Lake/Pond, Marina
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Property Details
Street
Community
City
Property Type
Rural Resid, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
1,349' x 1,364'
Acreage
25-49.99
Fronting
West
Taxes
$3,415 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Wall Unit
Water
Other
Pool
Abv Grnd
Parking Spaces
10
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 17.85' | Updated |
| Dining | Main | 11.15' x 13.32' | |
| Living | Main | 20.01' x 13.32' | |
| Br | Main | 12.99' x 10.04' | |
| 2nd Br | 2nd | 11.52' x 9.25' | |
| 3rd Br | 2nd | 12.34' x 13.32' | |
| Kitchen | Bsmt | 12.66' x 6.82' | |
| 4th Br | Bsmt | 10.01' x 14.50' | |
| Rec | Bsmt | 11.84' x 3,015.09' |
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Fort Erie Market Statistics
Fort Erie Price Trend
490 Mathews Rd N is a 3-bedroom 3-bathroom home listed for sale at $1,349,900, which is $797,387 (144.3%) higher than the average sold price of $552,513 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Fort Erie increased by $65,513 (13.5%) compared to the previous 30 day period (December 22 - January 20) and down $2,487 (0.4%) from the same time one year ago.Inventory Change
There were 52 3-bedroom homes listed in Fort Erie over the last 30 days (January 21 - February 19), which is up 13.0% compared with the previous 30 day period (December 22 - January 20) and up 116.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Fort Erie typically sold ($26,695) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,017 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,000) 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 3-bedroom homes in Fort Erie over the last 30 days (January 21 - February 19) stood at 44.2%, up from 30.4% over the previous 30 days (December 22 - January 20) and down from 62.5% 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 Fort Erie stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 112 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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