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118 Otipua Road Watlington, 7910


118 Otipua Road , Watlington, 7910
bed3
bathroom1
car2
land723 m2
floor120 m2
Property Type
Residential
Year Built
1948
Last Sold on 24 Feb 2024 for $489,000
Settlement Date
24 May 2024
Sold By
Property Brokers Timaru, (Licensed: Reaa 2008)
Settlement Date
24 May 2024
Sold By
Property Brokers Timaru, (Licensed: Reaa 2008)

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$450K
$500K

About 118 Otipua Road, Watlington, Timaru, 7910

118 Otipua Road, Watlington, Timaru, 7910 is a Residential property built in 1948 with 3 bedrooms, 1 bathroom and 2 parking spaces. The property is estimated to be valued in the range of $450,000 to $500,000.

The property last sold for $489,000 on 24 February 2024. It was sold by Property Brokers Timaru, (Licensed: Reaa 2008), and took 18 days to sell. On 1 September 2023, 118 Otipua Road, Watlington, Timaru, 7910 had a Rating Valuation with a Capital Value of $430,000, Land Value of $230,000 and Improvement Value of $200,000.

Property History

DateTypePriceAgent/Agency
24 Feb 2024SOLD$489,000
7 Feb 2024DEADLINE PRIVATE TREATYPrice Not DisclosedAmy Mason of Property Brokers Timaru, (Licensed: Reaa 2008)
29 May 2014SOLD$258,000
15 Aug 2006SOLD$188,750
25 Aug 2001SOLD$77,250
4 Feb 1994SOLD$75,500
9 Aug 1993SOLD$70,000
3 Feb 1989SOLD$53,000
Present Day
24 Feb
2024
Sold for $489,000
10 months 2 days
7 Feb
2024
Deadline Private Treaty — Price Not Disclosed
Listed by Amy Mason of Property Brokers Timaru, (Licensed: Reaa 2008)
29 May
2014
Sold for $258,000
10 years 6 months 27 days
15 Aug
2006
Sold for $188,750
18 years 4 months 11 days
25 Aug
2001
Sold for $77,250
23 years 4 months 1 day
4 Feb
1994
Sold for $75,500
30 years 10 months 22 days
9 Aug
1993
Sold for $70,000
31 years 4 months 17 days
3 Feb
1989
Sold for $53,000
35 years 10 months 23 days
1948
Property Built

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Rating Valuation

Capital Value
$430,000
Land Value
$230,000
Improvement Value
$200,000
Legal Description(s)

Part Lot 2 Deposited Plan 5946

Valuation Date
01-09-2023
Valuation Reference
25022/15000

Additional Information

Roof Construction
Tile Profile
Zone
Residential Zone A, 9A
Units of Use
1
Wall Construction
Brick
Maori Land
No
Territorial Authority
Timaru 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.