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387 Palmerston Road Gisborne, 4010
387 Palmerston Road , Gisborne, 4010
2
1
1
507 m2
100 m2Property Type
Residential
Year Built
1910
Last Sold on 4 Feb 2022 for $655,000
Settlement Date
21 Mar 2022
Sold By
Bousfield Macpherson Limited T/A Bayleys, (Licensed: Reaa 2008)
Settlement Date
21 Mar 2022
Sold By
Bousfield Macpherson Limited T/A Bayleys, (Licensed: Reaa 2008)
Estimated Value Range
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Medium Confidence
Low
High
$550K
$600K
About 387 Palmerston Road, Gisborne, 4010
387 Palmerston Road, Gisborne, 4010 is a Residential property built in 1910 with 2 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $550,000 to $600,000.
The property last sold for $655,000 on 4 February 2022. It was sold by Bousfield Macpherson Limited T/A Bayleys, (Licensed: Reaa 2008), and took 26 days to sell. On 1 August 2023, 387 Palmerston Road, Gisborne, 4010 had a Rating Valuation with a Capital Value of $600,000, Land Value of $265,000 and Improvement Value of $335,000.
Property History
| Date | Type | Price | Agent/Agency |
|---|---|---|---|
| 4 Feb 2022 | SOLD | $655,000 | Kerry Low of Bousfield Macpherson Limited T/A Bayleys, (Licensed: Reaa 2008) |
| 10 Jan 2022 | AUCTION | Price Not Disclosed | Scott Hannah of Bousfield Macpherson Limited T/A Bayleys, (Licensed: Reaa 2008) |
| 11 Dec 2020 | SOLD | $452,000 | Izzy Low of Bayleys Gisborne, (Licensed: Reaa 2008) |
| 17 Nov 2020 | AUCTION | Price Not Disclosed | Izzy Low of Bayleys Gisborne, (Licensed: Reaa 2008) |
| 11 Apr 2003 | SOLD | $70,000 | |
| 8 Feb 1994 | SOLD | $74,300 | |
| 15 Jun 1992 | SOLD | $57,000 | |
| 23 Mar 1990 | SOLD | $30,000 |
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Rating Valuation
Capital Value
$600,000
Land Value
$265,000
Improvement Value
$335,000
Legal Description(s)
Lot 2 Deposited Plan 3001
Valuation Date
01-08-2023
Valuation Reference
8560/2600
Additional Information
Roof Construction
Steel/G-Iron
Zone
Commercial Zone O, 8O
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Gisborne 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.