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5 Magnetic Place Cromwell, 9310
5 Magnetic Place , Cromwell, 9310
4
2
2
629 m2
221 m2Property Type
Residential
Year Built
2014
Last Sold on 28 Jun 2025 for $1,200,000
Settlement Date
14 Nov 2025
Sold By
Arizto Ltd
Settlement Date
14 Nov 2025
Sold By
Arizto Ltd
Estimated Value Range
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$1.20M
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About 5 Magnetic Place, Cromwell, 9310
5 Magnetic Place, Cromwell, 9310 is a Residential property built in 2014 with 4 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $1,200,000 to $1,300,000.
The property last sold on 28 June 2025 for $1,200,000. It was sold by Arizto Ltd. On 1 October 2022, 5 Magnetic Place, Cromwell, 9310 had a Rating Valuation with a Capital Value of $1,090,000, Land Value of $475,000 and Improvement Value of $615,000.
Property History
| Date | Type | Price | Agent/Agency |
|---|---|---|---|
| 28 Jun 2025 | SOLD | $1,200,000 | |
| 5 Mar 2020 | Rented | $650 | Cromwell Accommodation Centre of The Accomodation Centre |
| 18 Dec 2019 | SOLD | $795,000 | Melanie Brewer of Bayleys Cromwell, (Licensed: Reaa 2008) |
| 24 Oct 2019 | BY NEGOTIATION | Price Not Disclosed | Melanie Brewer of Bayleys Cromwell, (Licensed: Reaa 2008) |
| 13 Apr 2019 | ASKING PRICE | $835,000 | Judy Ludemann of Highland Real Estate Group Ltd Harcourts, Cromwell Licensed: Reaa 2008 |
| 18 Jul 2017 | SOLD | $730,000 | |
| 10 Feb 2017 | ASKING PRICE | $745,000 | Jo Nieper of Pgg Wrightson Real Estate Ltd (Cromwell) |
| 8 Apr 2014 | SOLD | $107,000 |
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Rating Valuation
Capital Value
$1,090,000
Land Value
$475,000
Improvement Value
$615,000
Legal Description(s)
Lot 41 Deposited Plan 471226
Valuation Date
01-10-2022
Valuation Reference
28506/68176
Additional Information
Roof Construction
Tile Profile
Zone
Residential Zone A, 9A
Units of Use
1
Wall Construction
Roughcast, etc
Maori Land
No
Territorial Authority
Central Otago District
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.