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5 Karo Place, Glendene, Auckland - Waitakere, 3 Bedrooms, 0 Bathrooms, House

Sold: $930,000

Sold on 2024 Year 2024 Month 05 Day 01

5 Karo Place, Glendene, Auckland - Waitakere

3
131m2
641m2

Nestled in the serene Karo Place, a quiet cul-de-sac in Glendene, Auckland, stands a charming 3-bedroom bungalow on a Freehold title. Constructed in 1972 with Fibrous Cement walls and Tile roofing, this residence offers a floor area of 131sqm on a land area of 641sqm. The property, with an average wall and roof condition, is complemented by a modern bathroom, separate toilet, and a versatile multifunctional room. It has seen a significant Capital Value (CV) increase of 50% from $750,000 in June 2017 to the current $1,125,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,047,500. Notably, the latest sale history includes transactions in 2011 and 2012 at $340,000 and $383,000 respectively.

For families, the property falls within the decile 2 Glendene School, decile 4 Rangeview Intermediate, and decile 5 Rutherford College zones. This ensures a quality education for children of all ages. The inviting atmosphere, combined with the prime location and growth potential, makes it an ideal investment for those seeking a comfortable family life.

As the current owners prepare to relocate, this urgency presents a golden opportunity for buyers looking to step into a ready-made home. The property's CV growth, attractive AVM, and the benefits of a sought-after school network, promise a new beginning filled with convenience and lasting memories.

Updated on May 24, 2024

Council Data

Last update : 2025 02 26
Improvement value$185,000Reduced by -7% from year 2017
Land value$940,000Increased by 70% from year 2017
CV(Year 2021 Month 06)$1,125,000Increased by 50% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area641m²
Floor area131m²
Decade of construction1972
TitleNA24B/1470
Type of titleFreehold
Legal descriptionLOT 58DP 66004
CouncilAuckland - Waitakere
Estate descriptionFSIM,1/1,LOT 58 DEPOSITED PLAN 66004,642m2
Council rates$2,879.52
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Urban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Glendene School
0.73 km
Primary
1-6
Government
Co-Educational
EQI: 505
2
Rangeview Intermediate
2.62 km
Secondary
7-8
Government
Co-Educational
EQI: 464
4
Rutherford College
4.38 km
Secondary
9-15
Government
Co-Educational
EQI: 462
5

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:641m²
Title:Freehold

Surrounding facilities

Karo Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Glendene properties data
Glendene property trend
Year
Median price
Growth
Sales count
2024
$905,000
7.7%
39
2023
$840,000
-14.3%
24
2022
$980,000
-9.3%
29
2021
$1,080,000
32.7%
36
2020
$814,084
9.1%
42
2019
$746,250
2.5%
50
2018
$728,000
-1.2%
53
2017
$736,500
-1.5%
48
2016
$747,750
10.9%
50
2015
$674,000
29.4%
61
2014
$521,000
-
51

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
35 Felgrove Street, Glendene
0.17 km
3
1
120m2
Year 2024 Month 11 Day 08
$940,000
Council approved
41 Thornlow Street, Glendene
0.13 km
3
1
83m2
Year 2024 Month 10 Day 15
$750,000
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22C Thornlow Street, Glendene
0.06 km
5
4
224m2
Year 2024 Month 10 Day 01
-
Council approved
2/1a Jenelin Road, Glendene
0.24 km
2
1
100m2
Year 2024 Month 09 Day 04
$765,000
Council approved
39 Thornlow Street, Glendene
0.17 km
3
1
100m2
Year 2024 Month 09 Day 02
-
Council approved

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