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395 Springbank Road Otaio, 7971
395 Springbank Road , Otaio, 7971
3
1
1
3.8 ha
200 m2Property Type
Lifestyle
Year Built
1915
Last Sold on 1 Nov 2020 for $500,000
Settlement Date
14 Jan 2021
Sold By
Harcourts Timaru, (Licensed: Reaa 2008)
Settlement Date
14 Jan 2021
Sold By
Harcourts Timaru, (Licensed: Reaa 2008)
Estimated Value Range
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$700K
$750K
About 395 Springbank Road, Otaio, Timaru, 7971
395 Springbank Road, Otaio, Timaru, 7971 is a Lifestyle property built in 1915 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $700,000 to $750,000.
The property last sold for $500,000 on 1 November 2020. It was sold by Harcourts Timaru, (Licensed: Reaa 2008), and took 14 days to sell. On 1 July 2022, 395 Springbank Road, Otaio, Timaru, 7971 had a Rating Valuation with a Capital Value of $660,000, Land Value of $285,000 and Improvement Value of $375,000.
Property History
| Date | Type | Price | Agent/Agency |
|---|---|---|---|
| 1 Nov 2020 | SOLD | $500,000 | |
| 19 Oct 2020 | ASKING PRICE | $495,000 | Amanda Hutcheson of Harcourts Timaru, (Licensed: Reaa 2008) |
| 1 May 1992 | SOLD | $68,000 | |
| 5 Dec 1990 | SOLD | $56,500 | |
| 10 Apr 1989 | SOLD | $44,470 |
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Rating Valuation
Capital Value
$660,000
Land Value
$285,000
Improvement Value
$375,000
Legal Description(s)
Lot 1 Deposited Plan 55264
Valuation Date
01-07-2022
Valuation Reference
25130/5901
Additional Information
Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Waimate District
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.