7387 131a St, Surrey, BC, MLS® R3039173

$1,055,000
Est. Mortgage /mo

13.5% price reduction

$1,055,000
$1,219,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
2 Baths
1 Stories
lot 7332 sqft
1202 sqft
1984 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7387 131a St, Surrey, BC | MLS® R3039173 Property Details

13.5% price reduction

Explore this 3-bedroom, 2-bathroom rancher situated in the central location of West Newton, Surrey. Set on a generous 7,332 sq ft lot surrounded by upscale new homes, this property offers great potential. Enjoy easy access to shopping centres, transit options, and recreational facilities. The neighbourhood also boasts a variety of places of worship, making it ideal for a diverse community. Experience the lively atmosphere of this desirable area, where everything you need is just a short distance away. Don’t miss this opportunity to make it yours - reach out to us today!

General Info

Price $1,055,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1202
Lot Size 7332
Lot Size Depth Metres
Lot Size Frontage 36.81
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1984
Age Of Building 41
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3039173
Area Surrey
Neighbourhood West Newton
City Surrey
Gross Taxes $5,221.04
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Garage Double, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RF
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Fibreglass

Property History

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Status Date Price
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Listed by: Homelife Benchmark Realty Corp. & Homelife Benchmark Realty Corp. & Homelife Benchmark Realty Corp.

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
Princess Margaret Secondary School
0.68 km
Elementary
Dr. F. D. Sinclair Elementary School
Average
0.65 km
5.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Surrey Muslim School
0.68 km
7.7/10
Above Average
Elementary, Secondary
Regent Christian Academy
4.33 km
8.1/10
Excellent

Closest Transit

Bus Stop
Southbound 132 St @ 73A Ave
0.13 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029)
4.91 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Walking into the vibrant community of West Newton, you'll find the charming address 7387 131a Street, a wonderful opportunity for families and individuals alike. As we explore this delightful neighborhood, let's start with the excellent educational options available.

Just down the road from this home, you'll find Dr. F. D. Sinclair Elementary School, a short 0.65 km away. This school boasts a rating of 5.8/10, making it an excellent choice for families who value quality education for their children. According to the school's profile, Dr. F. D. Sinclair Elementary School is a highly rated institution that provides a well-rounded education in a nurturing environment.

In addition to Dr. F. D. Sinclair Elementary School, Princess Margaret Secondary School is also nearby, located just 0.68 km from this property. While the school's rating is not publicly available, Princess Margaret Secondary School remains a popular choice for students in the area.

For families seeking alternative educational options, Surrey Muslim School is the closest elementary independent school to this home, with a rating of 7.7/10 and located just 0.68 km away. Regent Christian Academy, a highly rated secondary independent school, is a slightly longer walk at 4.33 km from the property.

Now, let's take a look at the safety and security of the neighborhood. According to the latest crime statistics from Statistics Canada, the area surrounding 7387 131a Street has an average crime rate of 7,512.73 incidents per 100,000 population. This rating is considered average compared to other Canadian cities. While there were 44,976 total disturbances in the area, the overall trend shows a decrease in crime rates, with a year-over-year change of -12.05%.

Regarding specific types of crime, the area has an above-average rate of drug-related offenses, with a rating of 390.7 and 2,339 incidents in 2020. However, the year-over-year change in this area is a notable 16.32%, indicating a slight increase in this type of crime.

On a more positive note, property crimes in the area are considered average, with a rating of 3,746.17 and 22,427 incidents in 2020. The year-over-year change in this area is a decrease of -16.98%, indicating a drop in property-related crimes.

In terms of violent crimes, the area has a below-average rate of 1,310.25 incidents per 100,000 population, which is significantly lower compared to other BC municipalities. The year-over-year change in this area is a decrease of -11.37%, indicating a continued decline in violent crimes.

As we explore the community, you'll find the nearest bus station, Southbound 132 St @ 73A Ave, is just 0.13 km away from this property. This convenient location makes it easy to get around the city without the need for a car.

Now, let's take a closer look at the demographics of the neighborhood. According to the latest census data, 15.7% of residents in this area hold a university certificate or degree, which is average compared to other BC neighborhoods. However, 28.4% of the population in this area have no certificate or degree, which is higher compared to the average in BC.

In terms of income, the median household income in the area is $75,154, which is average compared to the BC average. The median personal income is $21,751, which is lower compared to the BC average. Interestingly, 74.2% of households in the area have a mortgage, which is high compared to other neighborhoods.

Unemployment rates in the area are also a consideration, with a rate of 9.3%, which is above average compared to other province neighborhoods.

As we explore the community further, you'll notice that the population change between 2011 and 2016 was -0.5%, which is below average compared to the region. The population density in the area is 1,903.9 people per square kilometer, which is above average.

Family dynamics in the area are also worth noting. The average family size in the area is 3.2, which is high compared to the whole region. Additionally, 81.5% of families in the area have children, making it a family-friendly community. Married or common-law couples make up 62% of the population, which is above average.

In terms of age demographics, the average age of the population in the area is 36.3, which is lower compared to other BC cities. This makes it an attractive option for young families and individuals looking to get established in the community.

Now, let's talk about real estate in the area. The average value of dwellings in the neighborhood is $719,241, which is high compared to

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,055,000
Surrey $1,246,815
West Newton 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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