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Photo of property in 5 Summit Road, Lake Okareka, Rotorua, 3076

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5 Summit Road Lake Okareka, 3076

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5 Summit Road , Lake Okareka, 3076

1322 m²

243 m²

Property Type

Residential

Year Built

1980

Last Sold on 12 May 2021 for $1,010,111

Settlement Date

15 Jul 2021

Sold By

Tremains Real Estate Rotorua Ltd

Settlement Date

15 Jul 2021

Sold By

Tremains Real Estate Rotorua Ltd

Estimated Value Range

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About 5 Summit Road, Lake Okareka, Rotorua, 3076

5 Summit Road, Lake Okareka, Rotorua, 3076 is a Residential property built in 1980 with 4 bedrooms, 2 bathrooms and 1 parking space. The property is estimated to be valued in the range of $900,000 to $1,000,000.

The property last sold for $1,010,111 on 12 May 2021. It was sold by Tremains Real Estate Rotorua Ltd, and took 9 days to sell. On 1 July 2023, 5 Summit Road, Lake Okareka, Rotorua, 3076 had a Rating Valuation with a Capital Value of $920,000, Land Value of $530,000 and Improvement Value of $390,000.

Property History

Date	Type	Price	Agent/Agency
5 Jun 2023	Rented	$600
15 Mar 2023	Rented	$600
22 Jun 2022	Rented	$575
15 Oct 2021	Rented	$575
12 May 2021	SOLD	$1,010,111	Brodie Fowler of Tremains Real Estate Rotorua Ltd
4 May 2021	DEADLINE PRIVATE TREATY	Price Not Disclosed	Brooke Wood of Tremains Real Estate Rotorua Ltd
28 May 2019	SOLD	$750,000
24 Feb 2017	SOLD	$620,000
18 Oct 2016	ASKING PRICE	Price Not Disclosed	Lorraine Chapman of Duncan Realty 2015 Limited Mreinz
14 Oct 2006	DEADLINE PRIVATE TREATY	$530,000	Anita Martelli of Duncan Realty
1 Dec 1982	SOLD	$12,500
16 Sep 1982	SOLD	$12,500

Present Day

5 Jun

2023

Listed for Rent at $600

15 Mar

2023

Listed for Rent at $600

22 Jun

2022

Listed for Rent at $575

15 Oct

2021

Listed for Rent at $575

12 May

2021

Sold for $1,010,111

3 years 7 months 17 days

Sold by Brodie Fowler of Tremains Real Estate Rotorua Ltd

4 May

2021

Deadline Private Treaty — Price Not Disclosed

Listed by Brooke Wood of Tremains Real Estate Rotorua Ltd

28 May

2019

Sold for $750,000

5 years 7 months 1 day

24 Feb

2017

Sold for $620,000

7 years 10 months 5 days

18 Oct

2016

Asking Price — Price Not Disclosed

Listed by Lorraine Chapman of Duncan Realty 2015 Limited Mreinz

14 Oct

2006

Deadline Private Treaty — $530,000

Listed by Anita Martelli of Duncan Realty

1 Dec

1982

Sold for $12,500

42 years 28 days

16 Sep

1982

Sold for $12,500

42 years 3 months 13 days

1980

Property Built

Commute Calculator

Rating Valuation

Capital Value

$920,000

Land Value

$530,000

Improvement Value

$390,000

Legal Description(s)

Lot 5 Deposited Plan South Auckland 23903

Valuation Date

01-07-2023

Valuation Reference

7011/12700

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Community Services Zone A, 4A

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.