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State Highway 1 Otaki, 5512
State Highway 1 , Otaki, 5512
3
1
2
7.1 ha
246 m2Property Type
Lifestyle
Year Built
1998
Last Sold on 23 Nov 2019 for $930,000
Settlement Date
22 Jan 2020
Sold By
Tall Poppy Otaki Limited
Settlement Date
22 Jan 2020
Sold By
Tall Poppy Otaki Limited
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Estimated Value Range
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About State Highway 1, Otaki, 5512
State Highway 1, Otaki, 5512 is a Lifestyle property built in 1998 with 3 bedrooms, 1 bathroom and 2 parking spaces. The property is estimated to be valued in the range of $1,500,000 to $1,600,000.
The property last sold on 23 November 2019 for $930,000. It was sold by Tall Poppy Otaki Limited. On 1 August 2023, State Highway 1, Otaki, 5512 had a Rating Valuation with a Capital Value of $1,500,000, Land Value of $810,000 and Improvement Value of $690,000.
Property History
| Date | Type | Price | Agent/Agency |
|---|---|---|---|
| 23 Nov 2019 | SOLD | $930,000 | Bram Crysell & Brigitte Duncan of Tall Poppy Otaki Limited |
| 15 Jul 2019 | ENQUIRIES OVER | $950,000 | Bram Crysell And Brigitte Duncan of Tall Poppy Real Estate 4 |
| 4 Aug 2000 | SOLD | $275,000 | |
| 9 Oct 1996 | SOLD | $240,000 |
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Rating Valuation
Capital Value
$1,500,000
Land Value
$810,000
Improvement Value
$690,000
Legal Description(s)
Lot 2 Deposited Plan 59205
Valuation Date
01-08-2023
Valuation Reference
14861/28100
Additional Information
Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone B, 1B
Units of Use
1
Wall Construction
Fibre Cement
Maori Land
No
Territorial Authority
Kapiti Coast District
Land Use
Single Unit - Lifestyle
Suburb Insights
Median Sale Price(12 MTH)
$638K
Sale Price Change(12 MTH)
6.50%
Avg Days on Market(12 MTH)
47 days
Median Rent(3 MTH)
$638/W
Median Rent Change(12 MTH)
6.30%
Median Rent Yield(12 MTH)
5.10%
Comparable Properties
There are no similar properties in the area that are listed for sale or recently sold.