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40 Marama Avenue South Otatara, 9879


40 Marama Avenue South , Otatara, 9879
bed4
bathroom1
car3
land5410 m2
floor139 m2
Property Type
Residential
Year Built
1968
Last Sold on 21 Dec 2017 for $320,000
Settlement Date
22 Jan 2018
Sold By
Southland Real Estate Ltd (Licensed: Reaa 2008)
Settlement Date
22 Jan 2018
Sold By
Southland Real Estate Ltd (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$600K
$650K

About 40 Marama Avenue South, Otatara, Invercargill, 9879

40 Marama Avenue South, Otatara, Invercargill, 9879 is a Residential property built in 1968 with 4 bedrooms, 1 bathroom and 3 parking spaces. The property is estimated to be valued in the range of $600,000 to $650,000.

The property last sold for $320,000 on 21 December 2017. It was sold by Southland Real Estate Ltd (Licensed: Reaa 2008), and took 10 days to sell. On 1 July 2023, 40 Marama Avenue South, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $570,000, Land Value of $290,000 and Improvement Value of $280,000.

Property History

DateTypePriceAgent/Agency
21 Dec 2017SOLD$320,000Mark Young of Southland Real Estate Ltd (Licensed: Reaa 2008)
12 Dec 2017ASKING PRICE$335,000Mark Young of Southland Real Estate Ltd (Licensed: Reaa 2008)
21 Jan 2017ASKING PRICE$425,000Doug Russell of Professionals Invercargill (Macpherson Realty Ltd
10 Dec 2014SOLD$285,000Dave Bartley of Holmwood Real Estate Ltd Invercargill
13 Nov 2014AUCTIONPrice Not DisclosedDave Bartley of Holmwood Real Estate Ltd Invercargill
21 Oct 2010DEADLINE PRIVATE TREATY$385,000The Agent of Professionals Invercargill
25 Aug 1992SOLD$76,000
Present Day
21 Dec
2017
Sold for $320,000
6 years 4 months 27 days
Sold by Mark Young of Southland Real Estate Ltd (Licensed: Reaa 2008)
12 Dec
2017
Asking Price — $335,000
Listed by Mark Young of Southland Real Estate Ltd (Licensed: Reaa 2008)
21 Jan
2017
Asking Price — $425,000
Listed by Doug Russell of Professionals Invercargill (Macpherson Realty Ltd
10 Dec
2014
Sold for $285,000
9 years 5 months 8 days
Sold by Dave Bartley of Holmwood Real Estate Ltd Invercargill
13 Nov
2014
Auction — Price Not Disclosed
Listed by Dave Bartley of Holmwood Real Estate Ltd Invercargill
21 Oct
2010
Deadline Private Treaty — $385,000
Listed by The Agent of Professionals Invercargill
25 Aug
1992
Sold for $76,000
31 years 8 months 23 days
1968
Property Built

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Rating Valuation

Capital Value
$570,000
Land Value
$290,000
Improvement Value
$280,000
Legal Description(s)

Lot 2 Deposited Plan 7760

Valuation Date
01-07-2023
Valuation Reference
29570/53600

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone E, 9E
Units of Use
1
Wall Construction
Mix.Material
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.