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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 : 2025 01 22
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
79 Te Ngawai Road, Pleasant Point
0.40 km
3
181m2
Year 2024 Month 11 Day 17
$700,000
Council approved
8 Rimu Street, Pleasant Point
0.14 km
2
2
151m2
Year 2024 Month 10 Day 23
$690,000
Council approved
0.23 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
0.20 km
3
1
110m2
Year 2024 Month 08 Day 15
-
Council approved

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