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7 Velvet Crescent Otara, 2023


7 Velvet Crescent , Otara, 2023
bed3
bathroom1
car1
land974 m2
floor82 m2
Property Type
Residential
Year Built
1960
Last Sold on 14 Sep 2023 for $840,000

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$750K
$800K

About 7 Velvet Crescent, Otara, Auckland, 2023

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

The property last sold on 14 September 2023 for $840,000. On 1 May 2024, 7 Velvet Crescent, Otara, Auckland, 2023 had a Rating Valuation with a Capital Value of $860,000, Land Value of $700,000 and Improvement Value of $160,000.

Property History

DateTypePriceAgent/Agency
14 Sep 2023SOLD$840,000
12 May 2023Rented$530Vincent Kuan of Auckland City-Living Management
11 Feb 2022Rented$550William Cheam of Auckland City-Living Management
11 Aug 2021SOLD$870,000
22 Jul 1987SOLD$69,000
16 Dec 1986SOLD$47,500
Present Day
14 Sep
2023
Sold for $840,000
2 years 2 months 28 days
12 May
2023
Listed for Rent - Last price at $530 per week
Listed by Vincent Kuan of Auckland City-Living Management
11 Feb
2022
Listed for Rent - Last price at $550 per week
Listed by William Cheam of Auckland City-Living Management
11 Aug
2021
Sold for $870,000
4 years 4 months 1 day
22 Jul
1987
Sold for $69,000
38 years 4 months 20 days
16 Dec
1986
Sold for $47,500
38 years 11 months 26 days
1960
Property Built

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Rating Valuation

Capital Value
$860,000
Land Value
$700,000
Improvement Value
$160,000
Legal Description(s)

Lot 53 Deposited Plan 49280

Valuation Date
01-05-2024
Valuation Reference
36530/12300

Additional Information

Roof Construction
Steel/G-Iron
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.