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115 Marama Avenue South Otatara, 9879


115 Marama Avenue South , Otatara, 9879
bed3
bathroom2
car3
land4194 m2
floor180 m2
Property Type
Residential
Year Built
1988
Last Sold on 8 Dec 2020 for $795,000
Settlement Date
27 Jan 2021
Sold By
Ray White Invercargill (Progressive Realty Group Reaa)
Settlement Date
27 Jan 2021
Sold By
Ray White Invercargill (Progressive Realty Group Reaa)

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$900K
$1.00M

About 115 Marama Avenue South, Otatara, Invercargill, 9879

115 Marama Avenue South, Otatara, Invercargill, 9879 is a Residential property built in 1988 with 3 bedrooms, 2 bathrooms and 3 parking spaces. The property is estimated to be valued in the range of $900,000 to $1,000,000.

The property last sold for $795,000 on 8 December 2020. It was sold by Ray White Invercargill (Progressive Realty Group Reaa), and took 7 days to sell. On 1 July 2023, 115 Marama Avenue South, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $1,030,000, Land Value of $270,000 and Improvement Value of $760,000.

Property History

DateTypePriceAgent/Agency
8 Dec 2020SOLD$795,000
2 Dec 2020ENQUIRIES OVER$789,000Barbara Sutton of Ray White Invercargill (Progressive Realty Group Reaa)
11 Jun 2018SOLD$510,000
7 Jun 2018ASKING PRICE$499,000
20 Aug 1991SOLD$195,000
29 Mar 1983SOLD$38,000
Present Day
8 Dec
2020
Sold for $795,000
3 years 4 months 8 days
2 Dec
2020
Enquiries Over — $789,000
Listed by Barbara Sutton of Ray White Invercargill (Progressive Realty Group Reaa)
11 Jun
2018
Sold for $510,000
5 years 10 months 5 days
7 Jun
2018
Asking Price — $499,000
20 Aug
1991
Sold for $195,000
32 years 7 months 27 days
1988
Property Built
29 Mar
1983
Sold for $38,000
41 years 18 days

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Rating Valuation

Capital Value
$1,030,000
Land Value
$270,000
Improvement Value
$760,000
Legal Description(s)

Lot 1 Deposited Plan 5023

Valuation Date
01-07-2023
Valuation Reference
29570/56000

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone E, 9E
Units of Use
2
Wall Construction
Fibre Cement
Maori Land
No
Territorial Authority
Invercargill City
Land Use
Multi-unit

Suburb Insights

Comparable Properties

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