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5 Rakaia Way Poraiti, 4112


5 Rakaia Way , Poraiti, 4112
bed4
bathroom2
car2
land606 m2
floor220 m2
Property Type
Residential
Year Built
2016
Last Sold on 26 Feb 2022 for $1,360,000
Settlement Date
31 Mar 2022
Sold By
New Zealand Sothebys International Realty
Settlement Date
31 Mar 2022
Sold By
New Zealand Sothebys International Realty

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$1.10M
$1.20M

About 5 Rakaia Way, Poraiti, Napier, 4112

5 Rakaia Way, Poraiti, Napier, 4112 is a Residential property built in 2016 with 4 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $1,100,000 to $1,200,000.

The property last sold for $1,360,000 on 26 February 2022. It was sold by New Zealand Sothebys International Realty. On 1 October 2023, 5 Rakaia Way, Poraiti, Napier, 4112 had a Rating Valuation with a Capital Value of $1,120,000, Land Value of $450,000 and Improvement Value of $670,000.

Property History

DateTypePriceAgent/Agency
26 Feb 2022SOLD$1,360,000John Holmes of New Zealand Sothebys International Realty
28 Jan 2022PRICE ON APPLICATIONPrice Not DisclosedJohn Holmes of New Zealand Sothebys International Realty, (Licensed: Reaa 2008)
12 Feb 2016SOLD$585,500
Present Day
26 Feb
2022
Sold for $1,360,000
2 years 10 months 1 day
Sold by John Holmes of New Zealand Sothebys International Realty
28 Jan
2022
Price on Application — Price Not Disclosed
Listed by John Holmes of New Zealand Sothebys International Realty, (Licensed: Reaa 2008)
12 Feb
2016
Sold for $585,500
8 years 10 months 15 days
2016
Property Built

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Rating Valuation

Capital Value
$1,120,000
Land Value
$450,000
Improvement Value
$670,000
Legal Description(s)

Lot 483 Deposited Plan 495017

Valuation Date
01-10-2023
Valuation Reference
9840/42300

Additional Information

Roof Construction
Tile Profile
Zone
Residential Zone A, 9A
Units of Use
1
Wall Construction
Mix.Material
Maori Land
No
Territorial Authority
Napier City
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.