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31 Kumara Terrace, Pleasant Point, Timaru, 3 Bedrooms, 0 Bathrooms

Sold: $660,000

Sold on 2024 Year 2024 Month 08 Day 05

31 Kumara Terrace, Pleasant Point, Timaru

3
220m2
893m2

Nestled in the serene environment of 31 Kumara Terrace, Pleasant Point, Timaru, this freehold property boasts a capital value of $630,000 as of September 1, 2023, showcasing a remarkable increase of 32.63% from its previous valuation of $475,000 in 2020. Constructed in 1980 with solid brick walls and an iron roof, both in good condition, this residential dwelling offers 3 spacious bedrooms, 2 carparks, and a floor area of 220 square meters on a levelled land of 893 square meters. The home features a bright open plan living area with a kitchen, dining, and lounge, complemented by large tinted windows that frame the views of the Hunter Hills and the beautifully landscaped gardens.

With a HouGarden AVM of $632,500, the property's latest sale history includes a transaction of $660,000 in August 2024, and $436,000 in December 2016. This indicates a consistent appreciation in value. The property is served by a selection of well-regarded schools, including Pleasant Point Primary School with a decile rating of 8, St Joseph's School (Temuka) at decile 6, Opihi College for Years 9-15 at decile 5, Craighead Diocesan School at decile 9, and Roncalli College at decile 7, ensuring a quality education for the family.

Offering a special quality of life, this home provides a tranquil retreat while being conveniently located within a desirable school zone, making it an ideal choice for those seeking a combination of comfort, value, and educational opportunities.

Updated on October 02, 2024

Council Data

Last update : 2024 12 11
Improvement value$455,000Increased by 29% from year 2020
Land value$175,000Increased by 41% from year 2020
CV(Year 2023 Month 09)$630,000Increased by 32% from year 2020
DeckYes
View typeNo appreciable view
ContourLevel
Land area893m²
Floor area220m²
Decade of construction1980
TitleCB16A/1265
Type of titleFreehold
Legal descriptionLOT 4 DP 36746 PLEASANT POINT COMMUNITY TSHIP
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 36746,893m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Pleasant Point Primary School
0.75 km
Primary
1-8
Government
Co-Educational
EQI: 442
8
St Joseph's School (Temuka)
12.99 km
Primary
1-8
Government
Co-Educational
EQI: 442
6
Opihi College
13.77 km
Secondary
7-15
Government
Co-Educational
EQI: 496
5
Craighead Diocesan School
16.62 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
18.83 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:893m²
Title:Freehold

Surrounding facilities

Kumara Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
8 Rimu Street, Pleasant Point
0.34 km
2
2
151m2
Year 2024 Month 10 Day 23
$690,000
Council approved
0.19 km
4
1
180m2
Year 2024 Month 10 Day 18
-
Council approved
0.23 km
2
1
85m2
Year 2024 Month 10 Day 01
-
Council approved
11 Burgess Street, Pleasant Point
0.30 km
3
1
110m2
Year 2024 Month 08 Day 15
-
Council approved
0.03 km
4
210m2
Year 2024 Month 07 Day 04
$440,000
Council approved

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