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1/23 Monteith Crescent, Remuera, Auckland, 2 Bedrooms, 1 Bathrooms, House

Sold: $815,500

Sold on 2024 Year 2024 Month 10 Day 10

1/23 Monteith Crescent, Remuera, Auckland

2
1
62m2

Nestled in a serene cul-de-sac of Monteith Crescent, this charming 1970s townhouse boasts robust concrete walls and an iron roof, maintaining a good condition both inside and out. The 62sqm floor area encompasses two bedrooms, one bathroom, and a single carport, all on a cross-lease title. The property, with a government valuation of $790,000 as of June 2021, has shown a CV increase of 11.27% since July 2017, reflecting a growing investment value. The latest sale history points to a sale price of $690,000 in August 2017, following $372,500 in February 2007, underlining the consistent capital appreciation.

As for the property's backend valuation, the HouGarden AVM estimates the property at $760,000, offering a competitive edge in the market. This home is particularly appealing for its zoning in the prestigious school network, including Baradene College with a decile rating of 9, Remuera Intermediate at 8, and the highly rated Meadowbank School at 10, ensuring top-notch education for the family.

With lofty ceilings and an abundance of natural light, the open-plan living spaces exude a tranquil ambiance. The wall-mounted heat pump and double-glazed sliders contribute to comfort year-round, while the private patio and elevated deck provide seamless indoor-outdoor living. The galley kitchen is thoughtfully arranged, and the bedrooms, including one with a built-in study desk, are cozy and functional. This property, set amidst mature trees and greenery, is not only an ideal family home but also a wise investment opportunity in a sought-after Auckland suburb.

Updated on October 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$180,000Increased by 12% from year 2017
Land value$610,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$790,000Increased by 11% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Floor area62m²
Decade of construction1970
TitleNA93C/304
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 81192, LOT 177 DP 69157 1120M2
CouncilAuckland - City
Estate descriptionFSIM,1/3,FLAT 1 DEPOSITED PLAN 81192
Council rates$2,415.38
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Meadowbank School
0.74 km
Primary
1-6
Government
Co-Educational
EQI: 351
10
Remuera Intermediate
2.23 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Selwyn College
2.43 km
Secondary
9-15
Government
Co-Educational
EQI: 420
4
Baradene College
2.67 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Glendowie College
4.44 km
Secondary
9-15
Government
Co-Educational
EQI: 391
10

Property history

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For developers

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

Surrounding facilities

Monteith Crescent Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2024
$891,000
-12.9%
26
2023
$1,022,750
-5.3%
34
2022
$1,080,000
-16.9%
27
2021
$1,300,000
28.7%
39
2020
$1,010,000
15.4%
46
2019
$875,000
-7.4%
43
2018
$945,000
-0.5%
52
2017
$950,000
-1.1%
32
2016
$960,500
26.3%
48
2015
$760,750
13.5%
52
2014
$670,500
-
42

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
86D Grand Drive, Remuera
0.20 km
4
2
-m2
Year 2024 Month 11 Day 06
-
Council approved
0.19 km
157m2
Year 2024 Month 09 Day 17
$1,750,000
Council approved
84C Grand Drive, Remuera
0.20 km
4
2
-m2
Year 2024 Month 08 Day 31
-
Council approved
0.23 km
4
157m2
Year 2024 Month 08 Day 25
$1,610,000
Council approved
0.06 km
157m2
Year 2024 Month 08 Day 24
$1,600,000
Council approved

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