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29 Rakiura Parade Otatara, 9879


29 Rakiura Parade , Otatara, 9879
bed3
bathroom1
car3
land4224 m2
floor180 m2
Property Type
Residential
Year Built
1970
Last Sold on 8 Oct 2019 for $440,000
Settlement Date
15 Nov 2019
Sold By
Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
Settlement Date
15 Nov 2019
Sold By
Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$650K
$700K

About 29 Rakiura Parade, Otatara, Invercargill, 9879

29 Rakiura Parade, Otatara, Invercargill, 9879 is a Residential property built in 1970 with 3 bedrooms, 1 bathroom and 3 parking spaces. The property is estimated to be valued in the range of $650,000 to $700,000.

The property last sold for $440,000 on 8 October 2019. It was sold by Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008), and took 6 days to sell. On 1 July 2023, 29 Rakiura Parade, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $640,000, Land Value of $270,000 and Improvement Value of $370,000.

Property History

DateTypePriceAgent/Agency
8 Oct 2019SOLD$440,000Mark Young of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
3 Oct 2019ASKING PRICE$455,000Mark Young of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
30 May 2012ASKING PRICE$349,900Geoff Mason of Southland Real Estate Ltd Mreinz
30 Jul 2011SOLD$337,000
25 Feb 2010DEADLINE PRIVATE TREATY$369,000The Agent of Professionals Invercargill
22 Feb 2010SOLD$366,000The Agent of Professionals Invercargill
14 Mar 2005SOLD$265,000
16 May 2001SOLD$145,000
17 Feb 1993SOLD$140,000
Present Day
8 Oct
2019
Sold for $440,000
4 years 7 months 9 days
Sold by Mark Young of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
3 Oct
2019
Asking Price — $455,000
Listed by Mark Young of Southland Real Estate Ltd Mreinz, (Licensed: Reaa 2008)
30 May
2012
Asking Price — $349,900
Listed by Geoff Mason of Southland Real Estate Ltd Mreinz
30 Jul
2011
Sold for $337,000
12 years 9 months 17 days
25 Feb
2010
Deadline Private Treaty — $369,000
Listed by The Agent of Professionals Invercargill
22 Feb
2010
Sold for $366,000
14 years 2 months 25 days
Sold by The Agent of Professionals Invercargill
14 Mar
2005
Sold for $265,000
19 years 2 months 3 days
16 May
2001
Sold for $145,000
23 years 1 day
17 Feb
1993
Sold for $140,000
31 years 3 months
1970
Property Built

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Rating Valuation

Capital Value
$640,000
Land Value
$270,000
Improvement Value
$370,000
Legal Description(s)

Lot 1-2 Deposited Plan 3216

Valuation Date
01-07-2023
Valuation Reference
29570/30600

Additional Information

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