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Photo of property in 397 Te Ngae Road, Owhata, Rotorua, 3010

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397 Te Ngae Road Owhata, 3010

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397 Te Ngae Road , Owhata, 3010

556 m²

143 m²

Property Type

Residential

Year Built

1960

Last Sold on 1 Feb 2022 for $727,000

Settlement Date

08 Mar 2022

Sold By

Arizto Ltd

Settlement Date

08 Mar 2022

Sold By

Arizto Ltd

Estimated Value Range

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About 397 Te Ngae Road, Owhata, Rotorua, 3010

397 Te Ngae Road, Owhata, Rotorua, 3010 is a Residential property built in 1960 with 4 bedrooms, 2 bathrooms and 0 parking spaces. The property is estimated to be valued in the range of $650,000 to $700,000.

The property last sold on 1 February 2022 for $727,000. It was sold by Arizto Ltd. On 1 July 2023, 397 Te Ngae Road, Owhata, Rotorua, 3010 had a Rating Valuation with a Capital Value of $600,000, Land Value of $205,000 and Improvement Value of $395,000.

Property History

Date	Type	Price	Agent/Agency
16 Jun 2023	Rented	$570	Emma Sorenson of Innovative Property Management Limited
22 Apr 2022	Rented	$570	Jenna Austin of Innovative Property Management Limited
1 Feb 2022	SOLD	$727,000	Wayne & Veena Hemingway of Arizto Ltd
1 Feb 2022	SOLD	$727,000
7 Dec 2021	BY NEGOTIATION	Price Not Disclosed	Wayne & Veena Hemingway of Arizto Ltd
7 Dec 2021	BY NEGOTIATION	Price Not Disclosed	Wayne & Veena Hemingway of Arizto Ltd
5 Nov 2021	Rented	$400	Katrina Peake of Tremain Rentals Rotorua Ltd
24 Feb 2021	Rented	$400	Shintala Ngatai of Tremain Rentals Rotorua Ltd
17 May 2017	SOLD	$335,000	Kerif Smerdon of Eves Rotorua
19 Apr 2017	ASKING PRICE	$349,000	Kerif Smerdon of Eves Rotorua
17 Mar 2015	SOLD	$235,000	Smerdon Kerif of Eves Realty Ltd Rotorua
4 Mar 2015	ASKING PRICE	Price Not Disclosed	Smerdon Kerif of Eves Realty Ltd Rotorua

Present Day

16 Jun

2023

Listed for Rent - Last price at $570 per week

Listed by Emma Sorenson of Innovative Property Management Limited

22 Apr

2022

Listed for Rent - Last price at $570 per week

Listed by Jenna Austin of Innovative Property Management Limited

1 Feb

2022

Sold for $727,000

3 years 6 months 16 days

Sold by Wayne & Veena Hemingway of Arizto Ltd

1 Feb

2022

Sold for $727,000

3 years 6 months 16 days

7 Dec

2021

By Negotiation — Price Not Disclosed

Listed by Wayne & Veena Hemingway of Arizto Ltd

7 Dec

2021

By Negotiation — Price Not Disclosed

Listed by Wayne & Veena Hemingway of Arizto Ltd

5 Nov

2021

Listed for Rent - Last price at $400 per week

Listed by Katrina Peake of Tremain Rentals Rotorua Ltd

24 Feb

2021

Listed for Rent - Last price at $400 per week

Listed by Shintala Ngatai of Tremain Rentals Rotorua Ltd

17 May

2017

Sold for $335,000

8 years 3 months

Sold by Kerif Smerdon of Eves Rotorua

19 Apr

2017

Asking Price — $349,000

Listed by Kerif Smerdon of Eves Rotorua

17 Mar

2015

Sold for $235,000

10 years 5 months

Sold by Smerdon Kerif of Eves Realty Ltd Rotorua

4 Mar

2015

Asking Price — Price Not Disclosed

Listed by Smerdon Kerif of Eves Realty Ltd Rotorua

1960

Property Built

Commute Calculator

Rating Valuation

Capital Value

$600,000

Land Value

$205,000

Improvement Value

$395,000

Legal Description(s)

Lot 1 Deposited Plan 482896

Valuation Date

01-07-2023

Valuation Reference

6997/53201

View Historical Valuations

Additional Information

Roof Construction

Tile Profile

Zone

Residential Zone A, 9A

Units of Use

Wall Construction

Mix.Material

Maori Land

Territorial Authority

Rotorua District

Land Use

Multi-unit

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.