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241 Drumpeel Road Otane, 4276


241 Drumpeel Road , Otane, 4276
bed3
bathroom2
car3
land4.1 ha
floor188 m2
Property Type
Lifestyle
Year Built
1920
Last Sold on 27 May 2025 for $1,100,000
Settlement Date
27 Jun 2025
Sold By
Bayleys Havelock North, (Licensed: Reaa 2008)
Settlement Date
27 Jun 2025
Sold By
Bayleys Havelock North, (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$1.00M
$1.10M

About 241 Drumpeel Road, Otane, 4276

241 Drumpeel Road, Otane, 4276 is a Lifestyle property built in 1920 with 3 bedrooms, 2 bathrooms and 3 parking spaces. The property is estimated to be valued in the range of $1,000,000 to $1,100,000.

The property last sold on 27 May 2025 for $1,100,000. It was sold by Bayleys Havelock North, (Licensed: Reaa 2008), and took 68 days to sell. On 1 September 2024, 241 Drumpeel Road, Otane, 4276 had a Rating Valuation with a Capital Value of $1,050,000, Land Value of $330,000 and Improvement Value of $720,000.

Property History

DateTypePriceAgent/Agency
27 May 2025SOLD$1,100,000
21 Mar 2025ASKING PRICE$1,150,000Travis Le Comte of Bayleys Havelock North, (Licensed: Reaa 2008)
16 Jul 2006SOLD$475,000
28 Oct 1994SOLD$170,000
6 Jul 1987SOLD$161,000
16 May 1980SOLD$48,900
1 Jan 1930SOLD$0
Present Day
27 May
2025
Sold for $1,100,000
6 months 10 days
21 Mar
2025
Asking Price — $1,150,000
Listed by Travis Le Comte of Bayleys Havelock North, (Licensed: Reaa 2008)
16 Jul
2006
Sold for $475,000
19 years 4 months 21 days
28 Oct
1994
Sold for $170,000
31 years 1 month 9 days
6 Jul
1987
Sold for $161,000
38 years 5 months 1 day
16 May
1980
Sold for $48,900
45 years 6 months 21 days
1 Jan
1930
Sold for $0
95 years 11 months 6 days
1920
Property Built

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Rating Valuation

Capital Value
$1,050,000
Land Value
$330,000
Improvement Value
$720,000
Legal Description(s)

Part Lot 1-2 Deposited Plan 16185

Valuation Date
01-09-2024
Valuation Reference
10920/3100

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone B, 1B
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Central Hawke's Bay 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.