12575 62 AVE, Surrey BC V3X 1V4, Surrey, BC

$1,599,900
Est. Mortgage /mo

MLS® R2780111

Closed

$1,748,000
Closed at 29 Aug 2023
Listing price: $1,599,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
8 Beds
4 Baths
2 Stories
lot 23555 sqft
4607 sqft
1957 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

FUTURE POTENTIAL PROPERTY! For further details, Check with city. Welcome to this beautiful home located in one of the most desirable areas in Panorama Ridge. This 8 bedroom, 4 washroom house sits on a large 23555 sqft lot with many future opportunities. House features 2 units of 4 bed 2 full bath with separate entries. House also features 2 huge workshops, one workshop is rented out for $1050/month and other work shop is 2 level with separate electrical panel, waiting for your ideas. The house is completely renovated with new high end stainless steel kitchen appliances, flooring, modern lighting fixtures. Nearby school catchments are - JT Brown Elementary and Tamanawis . House is currently generating $7,750/month in rental income. Open House Sat-Sun May 27 & 28 2-4pm

General Info

Price $1,599,900
Total Bedrooms 8
Total Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 4607
Lot Size 23555
Lot Size Depth Feet
Lot Size Frontage 181
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1957
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Loft
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2780111
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $4,102.47
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Electric, Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Open, RV Access/Parking, Front Access, Aggregate
Total Parking Spaces 10

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Strata Restrictions -
Rental Restrictions -
Zoning RA
Rental Suites None
# of Kitchens 2
Flooring Laminate, Tile, Vinyl, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Garden, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Fibreglass

Property History

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Status Date Price
Sold 08-29-2023 $1,599,900
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Listed by: Woodhouse Realty & Woodhouse 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

Secondary
Tamanawis Secondary School
0.8 km
No Rating
Elementary
J T Brown Elementary School
Average
0.5 km
Rating 5.3/10

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

Elementary
St. Bernadette
1.35 km
Rating 8.5/10
Elementary, Secondary
Regent Christian Academy
5.2 km
Rating 8.1/10

Closest Transit

Translink
Westbound 60 Ave @ 126 St
0.4 km

12575 62 AVENUE, Surrey BC V3X 1V4 is serviced by J T Brown Elementary School. The property with listing MLS® R2780111 is located 0.5 km from the school. J T Brown Elementary School has a rating of Rating 5.3/10.

This home with address 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC is also serviced by Tamanawis Secondary School and located 0.8 km from it. Tamanawis Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 12575 62 AVENUE, Surrey BC V3X 1V4 is St. Bernadette with School's rating Rating 8.5/10, located 1.35 km from this home.

The closest to this address 12575 62 AVENUE, Surrey BC V3X 1V4 Secondary independent school is Regent Christian Academy with School's rating Rating 8.1/10, located 5.2 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 - 12575 62 AVENUE, Surrey BC V3X 1V4, 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® R2780111 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 12575 62 AVENUE, Surrey BC V3X 1V4 are Average. Property misconduct rating adjacent to MLS® R2780111 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 Westbound 60 Ave @ 126 St in 0.4 km away from this listing with - MLS® R2780111.

22.8% of people with university certificate/degree live in this neighbourhood adjacent to the 12575 62 AVENUE, Surrey BC V3X 1V4 which is Above Average in comparison with other BC neighbourhoods. 20.4% of population in this neighbourhood that is near the Listing MLS® R2780111 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC is $93440 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2780111 is $28265 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 62% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2780111 is 5.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 12575 62 AVENUE, Surrey BC V3X 1V4 Panorama Ridge where population change between 2011 and 2016 was 10.8%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC is 3144.5 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 12575 62 AVENUE, Surrey BC V3X 1V4 is 3.2. This is High number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2780111 is 76.4% and it is High. % of Married or living common law is around 63.4% and it is Above Average.

Average age of the population close to the 12575 62 AVENUE, Surrey BC V3X 1V4 is 38.1 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC is $1041187 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 12575 62 AVENUE, Surrey BC V3X 1V4. $1818 owners spent in average for the dwelling. Tenants are paying $868 in this district close to MLS® R2780111 and it is Below Average comparing to other cities.

25.8% of Population in this district near the 12575 62 AVENUE, Surrey BC V3X 1V4 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC is 3.4%, it is Low, % of English speakers only is 87.7% and Below Average. % of French speakers adjacent to 12575 62 AVENUE, Surrey BC V3X 1V4 only is 0.2% and it is Average. % of Neither English nor French speakers close to home for sale 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC is 8.8% and it is High comparing to other BC cities.

9.8% of all population in the area around this property with the address 12575 62 AVENUE, Surrey BC V3X 1V4, Surrey, BC using Public Transport which is Average, 88.8% of using population are using Cars around MLS® R2780111, which is Above Average. 0% of people using Bicycles around the 12575 62 AVENUE, Surrey BC V3X 1V4 and it is . 0.8% of population are walking which is Low

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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 $1,599,900
Surrey No comparables
Panorama Ridge 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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