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5 Magnetic Place Cromwell, 9310


5 Magnetic Place , Cromwell, 9310
bed4
bathroom2
car2
land629 m2
floor221 m2
Property Type
Residential
Year Built
2014
Last Sold on 18 Dec 2019 for $795,000
Settlement Date
15 Jan 2020
Sold By
Bayleys Cromwell, (Licensed: Reaa 2008)
Settlement Date
15 Jan 2020
Sold By
Bayleys Cromwell, (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$1.10M
$1.20M

About 5 Magnetic Place, Cromwell, 9310

5 Magnetic Place, Cromwell, 9310 is a Residential property built in 2014 with 4 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $1,100,000 to $1,200,000.

The property last sold on 18 December 2019 for $795,000. It was sold by Bayleys Cromwell, (Licensed: Reaa 2008), and took 56 days to sell. On 1 October 2022, 5 Magnetic Place, Cromwell, 9310 had a Rating Valuation with a Capital Value of $1,090,000, Land Value of $475,000 and Improvement Value of $615,000.

Property History

DateTypePriceAgent/Agency
5 Mar 2020Rented$650Cromwell Accommodation Centre of The Accomodation Centre
18 Dec 2019SOLD$795,000Melanie Brewer of Bayleys Cromwell, (Licensed: Reaa 2008)
24 Oct 2019BY NEGOTIATIONPrice Not DisclosedMelanie Brewer of Bayleys Cromwell, (Licensed: Reaa 2008)
13 Apr 2019ASKING PRICE$835,000Judy Ludemann of Highland Real Estate Group Ltd Harcourts, Cromwell Licensed: Reaa 2008
18 Jul 2017SOLD$730,000
10 Feb 2017ASKING PRICE$745,000Jo Nieper of Pgg Wrightson Real Estate Ltd (Cromwell)
8 Apr 2014SOLD$107,000
Present Day
5 Mar
2020
Listed for Rent - Last price at $650 per week
Listed by Cromwell Accommodation Centre of The Accomodation Centre
18 Dec
2019
Sold for $795,000
5 years 8 months 27 days
Sold by Melanie Brewer of Bayleys Cromwell, (Licensed: Reaa 2008)
24 Oct
2019
By Negotiation — Price Not Disclosed
Listed by Melanie Brewer of Bayleys Cromwell, (Licensed: Reaa 2008)
13 Apr
2019
Asking Price — $835,000
Listed by Judy Ludemann of Highland Real Estate Group Ltd Harcourts, Cromwell Licensed: Reaa 2008
18 Jul
2017
Sold for $730,000
8 years 1 month 27 days
10 Feb
2017
Asking Price — $745,000
Listed by Jo Nieper of Pgg Wrightson Real Estate Ltd (Cromwell)
8 Apr
2014
Sold for $107,000
11 years 5 months 6 days
2014
Property Built

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Rating Valuation

Capital Value
$1,090,000
Land Value
$475,000
Improvement Value
$615,000
Legal Description(s)

Lot 41 Deposited Plan 471226

Valuation Date
01-10-2022
Valuation Reference
28506/68176

Additional Information

Roof Construction
Tile Profile
Zone
Residential Zone R, 9R
Units of Use
1
Wall Construction
Roughcast, etc
Maori Land
No
Territorial Authority
Central Otago District
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.