1 of 27Feb 22
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198 Marama Avenue North Otatara, 9879


198 Marama Avenue North , Otatara, 9879
bed4
bathroom2
car2
land1.4 ha
floor400 m2
Property Type
Lifestyle
Year Built
1950
Last Sold on 27 Feb 2022 for $995,000
Settlement Date
11 Mar 2022
Sold By
Professionals Invercargill, (Licensed: Reaa 2008)
Settlement Date
11 Mar 2022
Sold By
Professionals Invercargill, (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$1.00M
$1.10M

About 198 Marama Avenue North, Otatara, Invercargill, 9879

198 Marama Avenue North, Otatara, Invercargill, 9879 is a Lifestyle property built in 1950 with 4 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $1,000,000 to $1,100,000.

The property last sold on 27 February 2022 for $995,000. It was sold by Professionals Invercargill, (Licensed: Reaa 2008), and took 4 days to sell. On 1 July 2023, 198 Marama Avenue North, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $970,000, Land Value of $260,000 and Improvement Value of $710,000.

Property History

DateTypePriceAgent/Agency
27 Feb 2022SOLD$995,000
24 Feb 2022ASKING PRICE$998,000John Brown of Professionals Invercargill, (Licensed: Reaa 2008)
3 Dec 2014SOLD$577,000Dave Penny of Locations
20 Oct 2014ASKING PRICE$595,000Dave Penny of Locations
16 Feb 2014ASKING PRICE$595,000Daryl Spence of Mike Pero Real Estate Reaa (2008)
20 Sep 2012SOLD$540,000
30 Jul 2011DEADLINE PRIVATE TREATY$535,000Brendan Mason of Ray White Ellis Sutton Realty
14 Feb 1991SOLD$145,000
Present Day
27 Feb
2022
Sold for $995,000
3 years 5 months 27 days
24 Feb
2022
Asking Price — $998,000
Listed by John Brown of Professionals Invercargill, (Licensed: Reaa 2008)
3 Dec
2014
Sold for $577,000
10 years 8 months 20 days
Sold by Dave Penny of Locations
20 Oct
2014
Asking Price — $595,000
Listed by Dave Penny of Locations
16 Feb
2014
Asking Price — $595,000
Listed by Daryl Spence of Mike Pero Real Estate Reaa (2008)
20 Sep
2012
Sold for $540,000
12 years 11 months 3 days
30 Jul
2011
Deadline Private Treaty — $535,000
Listed by Brendan Mason of Ray White Ellis Sutton Realty
14 Feb
1991
Sold for $145,000
34 years 6 months 9 days
1950
Property Built

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Rating Valuation

Capital Value
$970,000
Land Value
$260,000
Improvement Value
$710,000
Legal Description(s)

Lot 56 Block I Deposited Plan 1045

Valuation Date
01-07-2023
Valuation Reference
29570/3100

Additional Information

Roof Construction
Steel/G-Iron
Zone
Multi-use or Reserve Land Zone X, 0X
Units of Use
1
Wall Construction
Brick
Maori Land
No
Territorial Authority
Invercargill City
Land Use
Single Unit - Lifestyle

Suburb Insights

Comparable Properties

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