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2/81 Marama Avenue South Otatara, 9879


2/81 Marama Avenue South , Otatara, 9879
bed2
bathroom1
car2
land3.7 ha
floor94 m2
Property Type
Lifestyle
Year Built
1998
Last Sold on 26 Mar 2020 for $327,000
Settlement Date
29 May 2020
Sold By
Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
Settlement Date
29 May 2020
Sold By
Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$450K
$500K

About 2/81 Marama Avenue South, Otatara, Invercargill, 9879

2/81 Marama Avenue South, Otatara, Invercargill, 9879 is a Lifestyle property built in 1998 with 2 bedrooms, 1 bathroom and 2 parking spaces. The property is estimated to be valued in the range of $450,000 to $500,000.

The property last sold for $327,000 on 26 March 2020. It was sold by Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008), and took 29 days to sell. On 1 July 2023, 2/81 Marama Avenue South, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $420,000, Land Value of $200,000 and Improvement Value of $220,000.

Property History

DateTypePriceAgent/Agency
26 Mar 2020SOLD$327,000Gus Johnston Areinz of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
27 Feb 2020BY NEGOTIATIONPrice Not DisclosedGus Johnston Areinz of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
18 Jun 2016SOLD$298,000
24 Aug 2007SOLD$530,000
Present Day
26 Mar
2020
Sold for $327,000
4 years 29 days
Sold by Gus Johnston Areinz of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
27 Feb
2020
By Negotiation — Price Not Disclosed
Listed by Gus Johnston Areinz of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
18 Jun
2016
Sold for $298,000
7 years 10 months 6 days
24 Aug
2007
Sold for $530,000
16 years 8 months
1998
Property Built

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Rating Valuation

Capital Value
$420,000
Land Value
$200,000
Improvement Value
$220,000
Legal Description(s)

Lot 20-30 Block III Deposited Plan 1636

Valuation Date
01-07-2023
Valuation Reference
29570/55504

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone E, 9E
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Invercargill City
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.