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Photo of property in 5/87 Wallace Road, Papatoetoe, Auckland, 2025

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5/87 Wallace Road Papatoetoe, 2025

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5/87 Wallace Road , Papatoetoe, 2025

55 m²

Property Type

Residential

Year Built

1960

Last Sold on 24 May 2021 for $541,000

Settlement Date

15 Nov 2021

Sold By

Proppy .Co.NZ

Settlement Date

15 Nov 2021

Sold By

Proppy .Co.NZ

Estimated Value Range

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About 5/87 Wallace Road, Papatoetoe, Auckland, 2025

5/87 Wallace Road, Papatoetoe, Auckland, 2025 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 $500,000 to $550,000.

The property last sold on 24 May 2021 for $541,000. It was sold by Proppy .Co.NZ. On 1 May 2024, 5/87 Wallace Road, Papatoetoe, Auckland, 2025 had a Rating Valuation with a Capital Value of $520,000, Land Value of $390,000 and Improvement Value of $130,000.

Property History

Date	Type	Price	Agent/Agency
24 Nov 2021	Rented	$490	Sarah Nicol of Harcourts Reforma, (Licensed: Reaa 2008)
24 May 2021	SOLD	$541,000	Pete Van Zyl of Proppy .Co.NZ
24 May 2021	SOLD	$541,000
18 Oct 2020	BY NEGOTIATION	Price Not Disclosed	Pete Van Zyl of Proppy .Co.NZ, (Licensed: Reaa 2008)
18 Oct 2020	BY NEGOTIATION	Price Not Disclosed	Pete Van Zyl of Proppy .Co.NZ, (Licensed: Reaa 2008)
3 Dec 2019	ASKING PRICE	$495,000	Shirley Winiata of Professionals - Haron And Co Ltd, (Licensed: Reaa 2008)
22 Feb 2007	SOLD	$210,000
10 Dec 2003	DEADLINE PRIVATE TREATY	$129,000	Avind Lal of Barfoot & Thompson Papatoetoe
1 Dec 2003	SOLD	$115,000	Avind Lal of Barfoot & Thompson Papatoetoe
16 May 1988	SOLD	$82,500

Present Day

24 Nov

2021

Listed for Rent - Last price at $490 per week

Listed by Sarah Nicol of Harcourts Reforma, (Licensed: Reaa 2008)

24 May

2021

Sold for $541,000

4 years 6 months 23 days

Sold by Pete Van Zyl of Proppy .Co.NZ

24 May

2021

Sold for $541,000

4 years 6 months 23 days

18 Oct

2020

By Negotiation — Price Not Disclosed

Listed by Pete Van Zyl of Proppy .Co.NZ, (Licensed: Reaa 2008)

18 Oct

2020

By Negotiation — Price Not Disclosed

Listed by Pete Van Zyl of Proppy .Co.NZ, (Licensed: Reaa 2008)

3 Dec

2019

Asking Price — $495,000

Listed by Shirley Winiata of Professionals - Haron And Co Ltd, (Licensed: Reaa 2008)

22 Feb

2007

Sold for $210,000

18 years 9 months 25 days

10 Dec

2003

Deadline Private Treaty — $129,000

Listed by Avind Lal of Barfoot & Thompson Papatoetoe

1 Dec

2003

Sold for $115,000

22 years 16 days

Sold by Avind Lal of Barfoot & Thompson Papatoetoe

16 May

1988

Sold for $82,500

37 years 7 months 1 day

1960

Property Built

Commute Calculator

Rating Valuation

Capital Value

$520,000

Land Value

$390,000

Improvement Value

$130,000

Legal Description(s)

Unit E and Accessory Unit 13 and 1/4 share in Accessory Unit 4 and 1/3 share in Accessory Unit 7 and 1/2 share in Accessory Unit 11 and 1/2 share in Accessory Unit 12 Deposited Plan 124834

Valuation Date

01-05-2024

Valuation Reference

2040/21901E

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Residential Zone B, 9B

Units of Use

Wall Construction

Mix.Material

Maori Land

Territorial Authority

Auckland - Manukau

Land Use

Multi-unit

Suburb Insights

Comparable Properties

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