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Photo of property in Algarve Apartments, 314/332 Maunganui Road, Mount Maunganui, 3116

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314/332 Maunganui Road Mount Maunganui, 3116

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314/332 Maunganui Road , Mount Maunganui, 3116

85 m²

Property Type

Residential

Year Built

2000

Last Sold on 16 Jun 2022 for $800,000

Settlement Date

Sold By

Professionals Tauranga (Nrg Realty Ltd)

Settlement Date

Sold By

Professionals Tauranga (Nrg Realty Ltd)

Estimated Value Range

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Medium Confidence

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$750K

$800K

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About Algarve Apartments, 314/332 Maunganui Road, Mount Maunganui, 3116

Algarve Apartments, 314/332 Maunganui Road, Mount Maunganui, 3116 is a Residential property built in 2000 with 2 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $750,000 to $800,000.

The property last sold on 16 June 2022 for $800,000. It was sold by Professionals Tauranga (Nrg Realty Ltd), and took 35 days to sell. On 1 May 2023, Algarve Apartments, 314/332 Maunganui Road, Mount Maunganui, 3116 had a Rating Valuation with a Capital Value of $725,000, Land Value of $340,000 and Improvement Value of $385,000.

Property History

Date	Type	Price	Agent/Agency
16 Jun 2022	SOLD	$800,000	Lesley Sinclair of Professionals Tauranga (Nrg Realty Ltd)
13 May 2022	ENQUIRIES OVER	$800,000	Lesley Sinclair of Professionals Tauranga (Nrg Realty Ltd)
14 Aug 2020	SOLD	$615,000
22 May 2020	BY NEGOTIATION	Price Not Disclosed	Glyn Drewe of Advantage Realty Ltd Mount Central, (Licensed: Reaa 2008)
18 Nov 2019	Rented	$500
13 Apr 2016	SOLD	$400,000
9 Mar 2016	ASKING PRICE	$409,000	Billy Russell of Eves Mt Maunganui
2 Feb 2004	SOLD	$391,750

Present Day

16 Jun

2022

Sold for $800,000

3 years 6 months 4 days

Sold by Lesley Sinclair of Professionals Tauranga (Nrg Realty Ltd)

13 May

2022

Enquiries Over — $800,000

Listed by Lesley Sinclair of Professionals Tauranga (Nrg Realty Ltd)

14 Aug

2020

Sold for $615,000

5 years 4 months 6 days

22 May

2020

By Negotiation — Price Not Disclosed

Listed by Glyn Drewe of Advantage Realty Ltd Mount Central, (Licensed: Reaa 2008)

18 Nov

2019

Listed for Rent - Last price at $500 per week

13 Apr

2016

Sold for $400,000

9 years 8 months 7 days

9 Mar

2016

Asking Price — $409,000

Listed by Billy Russell of Eves Mt Maunganui

2 Feb

2004

Sold for $391,750

21 years 10 months 18 days

2000

Property Built

Commute Calculator

Rating Valuation

Capital Value

$725,000

Land Value

$340,000

Improvement Value

$385,000

Legal Description(s)

Unit 314 and Accessory Unit G14, G15 Deposited Plan 368392

Valuation Date

01-05-2023

Valuation Reference

6750/71401AR

View Historical Valuations

Additional Information

Roof Construction

Concrete

Zone

Commercial Zone A, 8A

Units of Use

Wall Construction

Concrete

Maori Land

Territorial Authority

Tauranga City

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.