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5 Velvet Crescent Otara, 2023


5 Velvet Crescent , Otara, 2023
bed3
bathroom1
car-
land718 m2
floor80 m2
Property Type
Residential
Year Built
1960
Last Sold on 30 Apr 2018 for $500,000
Settlement Date
22 Jun 2018
Sold By
Barfoot & Thompson
Settlement Date
22 Jun 2018
Sold By
Barfoot & Thompson

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$750K
$800K

About 5 Velvet Crescent, Otara, Auckland, 2023

5 Velvet Crescent, Otara, Auckland, 2023 is a Residential property built in 1960 with 3 bedrooms, 1 bathroom and 0 parking spaces. The property is estimated to be valued in the range of $750,000 to $800,000.

The property last sold on 30 April 2018 for $500,000. It was sold by Barfoot & Thompson. On 1 May 2024, 5 Velvet Crescent, Otara, Auckland, 2023 had a Rating Valuation with a Capital Value of $810,000, Land Value of $640,000 and Improvement Value of $170,000.

Property History

DateTypePriceAgent/Agency
30 Apr 2018SOLD$500,000
7 Apr 2018ASKING PRICE$529,000Jitender Setia of Barfoot & Thompson Ltd Dannemora Licensed: Reaa 2
19 Dec 2016ASKING PRICE$659,000
2 Jul 2016SOLD$465,000
31 May 2016AUCTIONPrice Not DisclosedCarol Brown of Eastzone Realty Ltd Meadowlands
19 Mar 2004DEADLINE PRIVATE TREATY$169,000
23 Jan 2004SOLD$145,000
12 Sep 2003SOLD$100,000
Present Day
30 Apr
2018
Sold for $500,000
7 years 7 months 12 days
7 Apr
2018
Asking Price — $529,000
Listed by Jitender Setia of Barfoot & Thompson Ltd Dannemora Licensed: Reaa 2
19 Dec
2016
Asking Price — $659,000
2 Jul
2016
Sold for $465,000
9 years 5 months 10 days
31 May
2016
Auction — Price Not Disclosed
Listed by Carol Brown of Eastzone Realty Ltd Meadowlands
19 Mar
2004
Deadline Private Treaty — $169,000
23 Jan
2004
Sold for $145,000
21 years 10 months 19 days
12 Sep
2003
Sold for $100,000
22 years 3 months
1960
Property Built

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Rating Valuation

Capital Value
$810,000
Land Value
$640,000
Improvement Value
$170,000
Legal Description(s)

Lot 52 Deposited Plan 49280

Valuation Date
01-05-2024
Valuation Reference
36530/12200

Additional Information

Roof Construction
Tile Profile
Zone
Residential Zone B, 9B
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Auckland - Manukau
Land Use
Single Unit excluding Bach

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.