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Photo of property in 361 Marshall Road, Otaio, Timaru, 7971

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361 Marshall Road Otaio, 7971

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361 Marshall Road , Otaio, 7971

4 ha

213 m²

Property Type

Lifestyle

Year Built

2015

Last Sold on 26 Mar 2022 for $1,500,000

Settlement Date

22 Apr 2022

Sold By

Settlement Date

22 Apr 2022

Sold By

Estimated Value Range

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About 361 Marshall Road, Otaio, Timaru, 7971

361 Marshall Road, Otaio, Timaru, 7971 is a Lifestyle property built in 2015 with 4 bedrooms, 2 bathrooms and 4 parking spaces. The property is estimated to be valued in the range of $1,500,000 to $1,600,000.

The property last sold for $1,500,000 on 26 March 2022. It took 21 days to sell. On 1 July 2022, 361 Marshall Road, Otaio, Timaru, 7971 had a Rating Valuation with a Capital Value of $1,470,000, Land Value of $300,000 and Improvement Value of $1,170,000.

Property History

Date	Type	Price	Agent/Agency
26 Mar 2022	SOLD	$1,500,000
6 Mar 2022	BY NEGOTIATION	Price Not Disclosed
7 Jun 2020	ASKING PRICE	$1,500,000	Kelly Smith of Red Hot Real Estate Waimate, (Licensed: Reaa 2008)
27 Jun 2018	BY NEGOTIATION	Price Not Disclosed	Adam Rivett of Property Brokers Timaru, (Licensed: Reaa 2008)
11 Jan 2011	SOLD	$180,000
13 Oct 2009	SOLD	$190,000
7 Apr 2004	SOLD	$250,000

Present Day

26 Mar

2022

Sold for $1,500,000

2 years 1 month 19 days

6 Mar

2022

By Negotiation — Price Not Disclosed

7 Jun

2020

Asking Price — $1,500,000

Listed by Kelly Smith of Red Hot Real Estate Waimate, (Licensed: Reaa 2008)

27 Jun

2018

By Negotiation — Price Not Disclosed

Listed by Adam Rivett of Property Brokers Timaru, (Licensed: Reaa 2008)

2015

Property Built

11 Jan

2011

Sold for $180,000

13 years 4 months 4 days

13 Oct

2009

Sold for $190,000

14 years 7 months 2 days

7 Apr

2004

Sold for $250,000

20 years 1 month 8 days

Commute Calculator

Rating Valuation

Capital Value

$1,470,000

Land Value

$300,000

Improvement Value

$1,170,000

Legal Description(s)

Lot 7 Deposited Plan 352222

Valuation Date

01-07-2022

Valuation Reference

25130/2605

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Rural Industry Zone A, 1A

Units of Use

Wall Construction

Mix.Material

Maori Land

Territorial Authority

Waimate District

Land Use

Single Unit - Lifestyle

Suburb Insights

Comparable Properties

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