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2 Pear Tree Lane, Rangiora, Waimakariri, 4 Bedrooms, 0 Bathrooms

Sold: $905,000

Sold on 2024 Year 2024 Month 10 Day 25

2 Pear Tree Lane, Rangiora, Waimakariri

4
278m2
693m2

Nestled in the serene Pear Tree Lane, a quiet cul-de-sac in Rangiora, Waimakariri, this freehold property boasts 4 bedrooms, 2 carparks, and a substantial floor area of 278 square meters on a land of 693 square meters. Constructed in 2002 with solid brick walls and an iron roof in good condition, the house is double glazed with a European design influence, offering both an inviting ambiance and functional living spaces. The capital value has seen a remarkable increase of 50.88% from $570,000 in August 2019 to $860,000 as of July 2022. The HouGarden AVM estimates the property at $790,000, while the latest sale history shows a sale price of $905,000 in October 2024 and $580,000 in May 2017.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Rangiora High School (Decile 9) and Southbrook School (Decile 7), ensuring access to quality education. The property's unique features include a large attached workshop, a studio, and a landscaped garden with a private patio, making it a perfect blend of comfort, style, and practicality.

With its reduced price and the opportunity for further growth in capital value, this property presents a collapsed sale opportunity that is not to be missed.

Updated on December 11, 2024

Council Data

Last update : 2025 01 22
Improvement value$450,000Increased by 23% from year 2019
Land value$410,000Increased by 100% from year 2019
CV(Year 2022 Month 07)$860,000Increased by 50% from year 2019
View typeNo appreciable view
ContourLevel
Land area693m²
Floor area278m²
Decade of construction2002
Title10482
Type of titleFreehold
Legal descriptionLOT 2 DP 302695
CouncilWaimakariri
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 302695,693m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRes2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rangiora New Life School
1.11 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Southbrook School
1.23 km
Primary
1-8
Government
Co-Educational
EQI: 465
7
Rangiora High School
1.40 km
Secondary
9-15
Government
Co-Educational
EQI: 448
9
Christchurch Adventist School
20.97 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
25.65 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8

Property history

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For developers

Unitary plan:Res2
Land:693m²
Title:Freehold

Surrounding facilities

Pear Tree Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Pear Tree Lane, Rangiora
0.02 km
3
2
221m2
Year 2024 Month 12 Day 12
$890,000
Council approved
5 Hegan Place, Rangiora
0.35 km
4
1
120m2
Year 2024 Month 11 Day 28
-
Council approved
29 East Belt, Rangiora
0.34 km
3
106m2
Year 2024 Month 11 Day 22
$596,800
Council approved
16 Pukeko Place, Rangiora
0.33 km
4
2
214m2
Year 2024 Month 10 Day 31
$810,000
Council approved
1 Papawai Drive, Rangiora
0.32 km
3
2
192m2
Year 2024 Month 08 Day 21
$760,000
Council approved

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