12862 24 AVE, Surrey BC V4A 2E8, Surrey, BC

$4,698,000
Est. Mortgage /mo

MLS® R2837789

Closed

$4,100,000
Closed at 16 Sep 2024
Listing price: $4,698,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 43560 sqft
2181 sqft
1946 built
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Photos
Map
Street view
Schools
Crime
Commute
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Property details

Opportunities abound with this 1 acre property bordering 2 other properties: see R2827749 & R2827728. Development potential & exciting land assembly possibilities. No creeks or environmental issues. Located in prestigious South Surrey, this beautiful park-like treed oasis is located near transit, schools & Crescent Park. Currently zoned RA, but with new provincial legislation plus a housing affordability crisis, there is a good possibility of achieving a much higher density. Property provides fantastic rental income opportunities while holding. DO NOT WALK ON SITE.

General Info

Price $4,698,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2181
Lot Size 1
Lot Size Depth Feet
Lot Size Frontage 154.23
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1946
Age Of Building 78
Building Type Single Family Residence
Property Type Residential
Architecture Style Carriage/Coach House
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2837789
Area South Surrey White Rock
Neighbourhood Elgin Chantrell
City Surrey
Gross Taxes $7,654.59
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included 1

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Detached, Open, RV Access/Parking, Asphalt
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RA
Rental Suites Unauthorized Suite
# of Kitchens 1
Flooring Hardwood, Tile, Vinyl, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
Sold 09-16-2024 $4,698,000
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Listed by: RE/MAX Treeland Realty & RE/MAX Treeland Realty & RE/MAX Treeland Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Crescent Park Elementary School
Above Average
0.11 km
Rating 7.1/10
Secondary
Elgin Park Secondary School
1.24 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Secondary,Elementary
Aurora Learning Foundation
0 km
No Rating
Secondary,Elementary
Aurora Learning Foundation
0 km
No Rating

Closest Transit

Translink
Eastbound 24 Ave @ 128 St
0.04 km

12862 24 AVENUE, Surrey BC V4A 2E8 is serviced by Crescent Park Elementary School. The property with listing MLS® R2837789 is located 0.11 km from the school. Crescent Park Elementary School has a rating of Rating 7.1/10.

This home with address 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is also serviced by Elgin Park Secondary School and located 1.24 km from it. Elgin Park Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 12862 24 AVENUE, Surrey BC V4A 2E8 is Aurora Learning Foundation with School's rating No Rating, located 0 km from this home.

The closest to this address 12862 24 AVENUE, Surrey BC V4A 2E8 Secondary independent school is Aurora Learning Foundation with School's rating No Rating, located 0 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 44,976 volation disturbances in this neighbourhood. The overall crime rate near the address - 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is 7,512.73. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -12.05%

Drug crime rate next to the listing MLS® R2837789 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 390.7. There were 2,339 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.32%

Property crimes in the neighbourhood close to real estate listing for sale 12862 24 AVENUE, Surrey BC V4A 2E8 are Average. Property misconduct rating adjacent to MLS® R2837789 is 3,746.17. There were 22,427 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -16.98%

There were 7,844 violent lawbreaking disorders in 2020. 1,310.25 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.37%

The closest Bus station is Eastbound 24 Ave @ 128 St in 0.04 km away from this listing with - MLS® R2837789.

34.7% of people with university certificate/degree live in this neighbourhood adjacent to the 12862 24 AVENUE, Surrey BC V4A 2E8 which is High in comparison with other BC neighbourhoods. 11% of population in this neighbourhood that is near the Listing MLS® R2837789 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is $98432 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2837789 is $39885 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 48.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2837789 is 3.1 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 12862 24 AVENUE, Surrey BC V4A 2E8 Elgin Chantrell where population change between 2011 and 2016 was -3.5%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is 832.5 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 12862 24 AVENUE, Surrey BC V4A 2E8 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2837789 is 59.6% and it is Average. % of Married or living common law is around 63.5% and it is Above Average.

Average age of the population close to the 12862 24 AVENUE, Surrey BC V4A 2E8 is 43.6 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is $1938430 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 12862 24 AVENUE, Surrey BC V4A 2E8. $2198 owners spent in average for the dwelling. Tenants are paying $1355 in this district close to MLS® R2837789 and it is High comparing to other cities.

24.9% of Population in this district near the 12862 24 AVENUE, Surrey BC V4A 2E8 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is 10%, it is Above Average, % of English speakers only is 86.6% and Below Average. % of Neither English nor French speakers close to home for sale 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC is 3.5% and it is High comparing to other BC cities.

7.4% of all population in the area around this property with the address 12862 24 AVENUE, Surrey BC V4A 2E8, Surrey, BC using Public Transport which is Below Average, 86.5% of using population are using Cars around MLS® R2837789, which is Average. 0% of people using Bicycles around the 12862 24 AVENUE, Surrey BC V4A 2E8 and it is . 3.7% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $4,698,000
Surrey $3,150,000
Elgin Chantrell No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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