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Photo of property in 1 Rutene Road, Kaiti, Gisborne, 4010

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1 Rutene Road Kaiti, 4010

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1 Rutene Road , Kaiti, 4010

792 m²

246 m²

Property Type

Residential

Year Built

1920

Last Sold on 27 Jul 2023 for $1,300,000

Settlement Date

Sold By

Property Brokers Gisborne

Settlement Date

Sold By

Property Brokers Gisborne

Estimated Value Range

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About 1 Rutene Road, Kaiti, Gisborne, 4010

1 Rutene Road, Kaiti, Gisborne, 4010 is a Residential property built in 1920 with 5 bedrooms, 3 bathrooms and 0 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 $1,300,000 on 27 July 2023. It was sold by Property Brokers Gisborne, and took 51 days to sell. On 1 August 2023, 1 Rutene Road, Kaiti, Gisborne, 4010 had a Rating Valuation with a Capital Value of $1,459,000, Land Value of $482,000 and Improvement Value of $977,000.

Property History

Date	Type	Price	Agent/Agency
27 Jul 2023	SOLD	$1,300,000	Penny Pardoe of Property Brokers Gisborne
7 Jun 2023	BY NEGOTIATION	Price Not Disclosed	Roger Faber of Property Brokers Gisborne
16 Oct 2019	SOLD	$470,000	Jenny Murray of Bayleys Gisborne, (Licensed: Reaa 2008)
16 Oct 2019	SOLD	$470,000
28 Mar 2019	ASKING PRICE	$475,000	Jenny Murray of Bayleys Gisborne, (Licensed: Reaa 2008)
28 Mar 2019	ASKING PRICE	$475,000	Jenny Murray of Bayleys Gisborne, (Licensed: Reaa 2008)
10 Aug 2006	SOLD	$425,000
7 Mar 2003	SOLD	$170,000
24 Jan 2002	SOLD	$155,000
2 Jun 1998	SOLD	$143,250

Present Day

27 Jul

2023

Sold for $1,300,000

9 months 2 days

Sold by Penny Pardoe of Property Brokers Gisborne

7 Jun

2023

By Negotiation — Price Not Disclosed

Listed by Roger Faber of Property Brokers Gisborne

16 Oct

2019

Sold for $470,000

4 years 6 months 13 days

Sold by Jenny Murray of Bayleys Gisborne, (Licensed: Reaa 2008)

16 Oct

2019

Sold for $470,000

4 years 6 months 13 days

28 Mar

2019

Asking Price — $475,000

Listed by Jenny Murray of Bayleys Gisborne, (Licensed: Reaa 2008)

28 Mar

2019

Asking Price — $475,000

Listed by Jenny Murray of Bayleys Gisborne, (Licensed: Reaa 2008)

10 Aug

2006

Sold for $425,000

17 years 8 months 19 days

7 Mar

2003

Sold for $170,000

21 years 1 month 22 days

24 Jan

2002

Sold for $155,000

22 years 3 months 5 days

2 Jun

1998

Sold for $143,250

25 years 10 months 27 days

1920

Property Built

Commute Calculator

Rating Valuation

Capital Value

$1,459,000

Land Value

$482,000

Improvement Value

$977,000

Legal Description(s)

Lot 1 Deposited Plan 5042

Valuation Date

01-08-2023

Valuation Reference

8440/30800

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Residential Zone A, 9A

Units of Use

Wall Construction

Weatherboard

Maori Land

Territorial Authority

Gisborne District

Land Use

Multi-unit

Suburb Insights

Comparable Properties

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