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42 Marama Avenue South Otatara, 9879


42 Marama Avenue South , Otatara, 9879
bed2
bathroom1
car1
land809 m2
floor110 m2
Property Type
Residential
Year Built
1959
Last Sold on 7 Dec 2021 for $527,000
Settlement Date
23 Dec 2021
Sold By
Professionals Invercargill
Settlement Date
23 Dec 2021
Sold By
Professionals Invercargill

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$500K
$550K

About 42 Marama Avenue South, Otatara, Invercargill, 9879

42 Marama Avenue South, Otatara, Invercargill, 9879 is a Residential property built in 1959 with 2 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $500,000 to $550,000.

The property last sold for $527,000 on 7 December 2021. It was sold by Professionals Invercargill. On 1 July 2023, 42 Marama Avenue South, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $520,000, Land Value of $175,000 and Improvement Value of $345,000.

Property History

DateTypePriceAgent/Agency
7 Nov 2023Rented$460Nest Egg Property Management Ltd of Nest Egg Property Management Limited
27 Mar 2023Rented$450
30 Dec 2021Rented$430
7 Dec 2021SOLD$527,000Tim Frampton of Professionals Invercargill
25 Nov 2021DEADLINE PRIVATE TREATYPrice Not DisclosedTim Frampton of Professionals Invercargill, (Licensed: Reaa 2008)
2 Jun 2009SOLD$215,000
27 Jun 2006SOLD$175,000
28 May 1983SOLD$45,000
Present Day
7 Nov
2023
Listed for Rent at $460
Listed by Nest Egg Property Management Ltd of Nest Egg Property Management Limited
27 Mar
2023
Listed for Rent at $450
30 Dec
2021
Listed for Rent at $430
7 Dec
2021
Sold for $527,000
2 years 5 months 16 days
Sold by Tim Frampton of Professionals Invercargill
25 Nov
2021
Deadline Private Treaty — Price Not Disclosed
Listed by Tim Frampton of Professionals Invercargill, (Licensed: Reaa 2008)
2 Jun
2009
Sold for $215,000
14 years 11 months 21 days
27 Jun
2006
Sold for $175,000
17 years 10 months 26 days
28 May
1983
Sold for $45,000
40 years 11 months 25 days
1959
Property Built

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Rating Valuation

Capital Value
$520,000
Land Value
$175,000
Improvement Value
$345,000
Legal Description(s)

Lot 3 Deposited Plan 5082

Valuation Date
01-07-2023
Valuation Reference
29570/56700

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 excluding Bach

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Comparable Properties

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