198 Penn Dr

FOR SALE
$2,690,000
198 Penn Dr, Burlington
198 Penn Dr
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198 Penn Dr
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
7
ROOMS
W8313876
MLSID
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Property Description
Discover an exceptional home located in the prestigious Roseland area of Burlington, known for its charm and privacy. This residence is perfectly placed in a peaceful private court, framed by the scenic beauty of a ravine, offering a unique touch of luxury. Recently renovated with great care, the house spans over 3500 square feet of elegantly appointed living space. It features 3 plus 1 bedrooms and 3.5 bathrooms, making it perfect for families or those looking for a private lot. Inside, youll find stunning hardwood floors throughout, a custom-designed kitchen, and bathrooms with sophisticated finishes. The fully finished basement includes a theatre room, providing a perfect space for entertainment and relaxation. The magical backyard is like something out of a fairytale, creating a serene escape for quiet moments and lively social events. Located within walking distance to top-rated schools, this home offers a rare opportunity to enjoy a life of exceptional elegance and comfort. Dont miss out on this incredible home. For a 3D tour, video, floorplans, and complete details, visit our website.
Property Features
Cul De Sac, Ravine, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
68' x 122'
Fronting
South
Taxes
$8,838 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.57' x 21.33'
FoyerMain10.60' x 8.60'
DiningMain15.49' x 28.51'
BreakfastMain12.99' x 12.60'
KitchenMain12.99' x 21.49'
Br2nd11.68' x 17.16'
2nd Br2nd11.68' x 13.09'
Prim Bdrm2nd18.08' x 13.48'
3rd BrBsmt13.09' x 16.99'
RecBsmt14.57' x 29.17'
ExerciseBsmt13.09' x 10.99'
FamilyBsmt15.58' x 19.16'
Burlington Market Statistics
Burlington Price Trend
198 Penn Dr is a 3-bedroom 4-bathroom home listed for sale at $2,690,000, which is $1,314,059 (95.5%) higher than the average sold price of $1,375,941 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $152,172 (12.4%) compared to the previous 30 day period (March 15 - April 13) and up $120,929 (9.6%) from the same time one year ago.
Inventory Change
There were 150 3-bedroom homes listed in Burlington over the last 30 days (April 14 - May 13), which is up 89.9% compared with the previous 30 day period (March 15 - April 13) and up 28.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($3,219) (0.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $14,560 decrease compared to the previous 30 day period (March 15 - April 13) and $30,707 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 Burlington over the last 30 days (April 14 - May 13) stood at 63.3%, down from 113.9% over the previous 30 days (March 15 - April 13) and down from 97.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Burlington stood at 9 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Edge Realty
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