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Sold: $614,500

Sold on 2024 Year 2024 Month 09 Day 21

1/20 Ihaka Place, Papatoetoe, Auckland - Manukau

3
1
90m2

Nestled in a serene cul-de-sac at 1/20 Ihaka Place, Papatoetoe, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1975 with durable brick walls and tiled roofing, the property is in good condition both inside and out. The 90 square meter floor area is set on level contour, providing a comfortable living space. The home is on a cross-lease title, adding to its unique ownership structure.

Since 2017, the capital value has seen a significant increase of 22.92%, rising from $480,000 to the current $590,000 as per the government valuation. The HouGarden AVM estimates the property's worth at $562,500. The latest sale history is notable, with a transaction in 2024 for $614,500, a substantial leap from the $171,000 sale in 1998.

For families with school-aged children, the property falls within the zones of Puhinui School, a contributing school with a decile rating of 3, Papatoetoe Intermediate with a decile rating of 2, and Papatoetoe High School, a secondary school catering to Years 9-15 with a decile rating of 3.

Updated on October 09, 2024

Council Data

Last update : 2025 02 12
Improvement value$150,000Increased by 87% from year 2017
Land value$440,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$590,000Increased by 22% from year 2017
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1975
TitleNA30D/309
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 74970, LOT 4 DP 69789
CouncilAuckland - Manukau
Estate descriptionFSIM,1/2,LOT 4 DEPOSITED PLAN 69789,877m2
Council rates$2,058.53
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Puhinui School
0.64 km
Primary
1-6
Government
Co-Educational
EQI: 439
3
Papatoetoe High School
0.97 km
Secondary
9-15
Government
Co-Educational
EQI: 476
3
Papatoetoe Intermediate
2.99 km
Secondary
7-8
Government
Co-Educational
EQI: 477
2

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Ihaka Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Papatoetoe properties data
Papatoetoe property trend
Year
Median price
Growth
Sales count
2024
$760,000
-1.2%
78
2023
$769,000
-7.6%
81
2022
$832,500
1.5%
62
2021
$820,500
19.8%
132
2020
$685,000
9.3%
88
2019
$627,000
-1.5%
85
2018
$636,250
-2.9%
114
2017
$655,000
2.3%
67
2016
$640,000
16.4%
87
2015
$550,000
35.8%
133
2014
$405,000
-
93

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/137 Carruth Road, Papatoetoe
0.34 km
2
1
0m2
Year 2024 Month 11 Day 01
$730,786
Council approved
2/73 Puhinui Road, Papatoetoe
0.35 km
4
2
210m2
Year 2024 Month 09 Day 26
$838,000
Council approved
40A Puhinui Road, Papatoetoe
0.15 km
2
1
-m2
Year 2024 Month 09 Day 23
-
Council approved
51 Puhinui Road, Papatoetoe
0.18 km
3
1
130m2
Year 2024 Month 09 Day 13
-
Council approved
4/59 Puhinui Road, Papatoetoe
0.20 km
2
1
-m2
Year 2024 Month 09 Day 01
$560,000
Council approved

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