Nestled in the serene Te Atatu Peninsula, 20 Stokes Avenue presents a unique opportunity on a freehold property with a capital value that has seen a staggering increase of 32.69% from $1,300,000 in 2017 to $1,725,000 in 2021. This dual-income earning site, with a total land area of 809 square meters, boasts two separate dwellings: a charming three-bedroom bungalow and a two-bedroom residence at the rear. Constructed in 1960, the main house features wood walls in good condition and an iron roof that's average, while the entire section enjoys a level contour. The property includes 1 bathroom, 2 car parks, and a floor area of 180 square meters. The HouGarden AVM estimates the property's value at $1,528,500, and the latest sale history shows a significant jump from $93,000 in 1992 to $285,000 in 2002.
For families, the property is zoned for Rutherford School (decile 5), Te Atatu Intermediate (decile 6), and Rutherford College (Secondary, decile 5), ensuring top-notch education within the community. This is not just a home; it's an investment in a promising future.
With its MIXED HOUSING URBAN ZONE status, no hydrology issues, and a prime location, this property is perfect for those seeking a stable income or a long-term investment. The potential is vast, whether you choose to develop the land or add your personal touch to the classic bungalow. This is a court-ordered auction that demands attention - a rare opportunity that must be sold!
Updated on May 07, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Rutherford School | 0.73 km | Primary | 1-6 | Government | Co-Educational | EQI: 431 | 5 | |
Rutherford College | 0.74 km | Secondary | 9-15 | Government | Co-Educational | EQI: 462 | 5 | |
Te Atatu Intermediate | 0.77 km | Secondary | 7-8 | Government | Co-Educational | EQI: 439 | 6 | |
St Paul's School (Massey) | 4.17 km | Primary | 1-6 | Government | Co-Educational | EQI: 404 | 4 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,400,000 | -9.7% | 11 |
2022 | $1,550,000 | 2.8% | 9 |
2021 | $1,508,000 | 24.6% | 29 |
2020 | $1,210,000 | 2.4% | 31 |
2019 | $1,182,000 | -7.7% | 20 |
2018 | $1,280,000 | -1.5% | 27 |
2017 | $1,300,000 | 5.1% | 15 |
2016 | $1,237,500 | 19.7% | 22 |
2015 | $1,033,750 | 25% | 18 |
2014 | $827,000 | - | 9 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 26 | $766,000 | Council approved | |
 | 0.37 km | 2 | 2 | -m2 | Year 2024 Month 04 Day 10 | $715,000 | Council approved | |
 | 0.28 km | 2 | 1 | 0m2 | Year 2024 Month 04 Day 01 | $790,000 | Council approved | |
 | 0.09 km | 3 | 2 | -m2 | Year 2024 Month 02 Day 21 | $1,230,000 | Council approved | |
 | 0.10 km | 4 | 2 | 149m2 | Year 2024 Month 02 Day 05 | $1,390,000 | Council approved |