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157 Michael Street Rakaia, 7710


157 Michael Street , Rakaia, 7710
bed2
bathroom1
car2
land3 ha
floor70 m2
Property Type
Lifestyle
Year Built
1985
Last Sold on 26 Feb 2023 for $660,000
Settlement Date
13 Apr 2023
Sold By
Property Brokers Ashburton, (Licensed: Reaa 2008)
Settlement Date
13 Apr 2023
Sold By
Property Brokers Ashburton, (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$750K
$800K

About 157 Michael Street, Rakaia, 7710

157 Michael Street, Rakaia, 7710 is a Lifestyle property built in 1985 with 2 bedrooms, 1 bathroom and 2 parking spaces. The property is estimated to be valued in the range of $750,000 to $800,000.

The property last sold for $660,000 on 26 February 2023. It was sold by Property Brokers Ashburton, (Licensed: Reaa 2008), and took 32 days to sell. On 1 July 2024, 157 Michael Street, Rakaia, 7710 had a Rating Valuation with a Capital Value of $640,000, Land Value of $360,000 and Improvement Value of $280,000.

Property History

DateTypePriceAgent/Agency
26 Feb 2023SOLD$660,000Greg Jopson of Property Brokers Ashburton, (Licensed: Reaa 2008)
26 Jan 2023BY NEGOTIATIONPrice Not DisclosedGreg Jopson of Property Brokers Ashburton, (Licensed: Reaa 2008)
2 Oct 2017ASKING PRICE$549,000John Davison of Farmlands Real Estate
10 Jun 2016SOLD$525,000
9 Nov 2014ENQUIRIES OVER$520,000
1 Oct 2002SOLD$177,000
8 May 1984SOLD$35,000
Present Day
26 Feb
2023
Sold for $660,000
1 year 8 months 29 days
Sold by Greg Jopson of Property Brokers Ashburton, (Licensed: Reaa 2008)
26 Jan
2023
By Negotiation — Price Not Disclosed
Listed by Greg Jopson of Property Brokers Ashburton, (Licensed: Reaa 2008)
2 Oct
2017
Asking Price — $549,000
Listed by John Davison of Farmlands Real Estate
10 Jun
2016
Sold for $525,000
8 years 5 months 14 days
9 Nov
2014
Enquiries Over — $520,000
1 Oct
2002
Sold for $177,000
22 years 1 month 24 days
1985
Property Built
8 May
1984
Sold for $35,000
40 years 6 months 16 days

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Rating Valuation

Capital Value
$640,000
Land Value
$360,000
Improvement Value
$280,000
Legal Description(s)

Rural Section 39643

Valuation Date
01-07-2024
Valuation Reference
24410/13600

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
1
Wall Construction
Fibre Cement
Maori Land
No
Territorial Authority
Ashburton District
Land Use
Single Unit - Lifestyle

Suburb Insights

Comparable Properties

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