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Photo of property in 51 Velvet Crescent, Otara, Auckland, 2023

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51 Velvet Crescent Otara, 2023

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51 Velvet Crescent , Otara, 2023

809 m²

78 m²

Property Type

Residential

Year Built

1960

Last Sold on 12 Oct 2022 for $730,000

Settlement Date

09 Dec 2022

Sold By

Harcourts Manurewa (Reliable Real Estate Ltd)

Settlement Date

09 Dec 2022

Sold By

Harcourts Manurewa (Reliable Real Estate Ltd)

Estimated Value Range

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$650K

$700K

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About 51 Velvet Crescent, Otara, Auckland, 2023

51 Velvet Crescent, Otara, Auckland, 2023 is a Residential property built in 1960 with 2 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $650,000 to $700,000.

The property last sold on 12 October 2022 for $730,000. It was sold by Harcourts Manurewa (Reliable Real Estate Ltd). On 1 May 2024, 51 Velvet Crescent, Otara, Auckland, 2023 had a Rating Valuation with a Capital Value of $680,000, Land Value of $520,000 and Improvement Value of $160,000.

Property History

Date	Type	Price	Agent/Agency
12 Oct 2022	SOLD	$730,000	Amandip Sharma of Harcourts Manurewa (Reliable Real Estate Ltd)
21 Oct 2021	SOLD	$840,000	Bhawna Chauhan of Hills Real Estate Limited, (Licensed: Reaa 2008)
27 Jul 2021	SOLD	$780,000
21 Jun 2021	BY NEGOTIATION	Price Not Disclosed	Ifran Sheikh Areinz of Harcourts Manurewa (Reliable Real Estate Ltd)
23 Apr 2010	SOLD	$209,000
6 Nov 2006	DEADLINE PRIVATE TREATY	$238,000	Teresa Graham of Barfoot And Thompson
23 Aug 2006	SOLD	$215,000
12 May 2006	DEADLINE PRIVATE TREATY	$238,000	Teresa Graham of Barfoot And Thompson
9 Sep 1983	SOLD	$38,500
1 Jul 1981	SOLD	$23,000

Present Day

12 Oct

2022

Sold for $730,000

3 years 1 month 29 days

Sold by Amandip Sharma of Harcourts Manurewa (Reliable Real Estate Ltd)

21 Oct

2021

Sold for $840,000

4 years 1 month 20 days

Sold by Bhawna Chauhan of Hills Real Estate Limited, (Licensed: Reaa 2008)

27 Jul

2021

Sold for $780,000

4 years 4 months 14 days

21 Jun

2021

By Negotiation — Price Not Disclosed

Listed by Ifran Sheikh Areinz of Harcourts Manurewa (Reliable Real Estate Ltd)

23 Apr

2010

Sold for $209,000

15 years 7 months 18 days

6 Nov

2006

Deadline Private Treaty — $238,000

Listed by Teresa Graham of Barfoot And Thompson

23 Aug

2006

Sold for $215,000

19 years 3 months 18 days

12 May

2006

Deadline Private Treaty — $238,000

Listed by Teresa Graham of Barfoot And Thompson

9 Sep

1983

Sold for $38,500

42 years 3 months 2 days

1 Jul

1981

Sold for $23,000

44 years 5 months 10 days

1960

Property Built

Commute Calculator

Rating Valuation

Capital Value

$680,000

Land Value

$520,000

Improvement Value

$160,000

Legal Description(s)

Lot 74 Deposited Plan 49280

Valuation Date

01-05-2024

Valuation Reference

36530/14400

View Historical Valuations

Additional Information

Roof Construction

Tile Profile

Zone

Residential Zone B, 9B

Units of Use

Wall Construction

Weatherboard

Maori Land

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.