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5 Kruse Place, Redwood, Christchurch, 3 Bedrooms, 0 Bathrooms, House

Sold: $641,000

Sold on 2024 Year 2024 Month 07 Day 24

5 Kruse Place, Redwood, Christchurch

3
150m2
585m2

Nestled in the serene Redwood suburb at 5 Kruse Place, this charming residential dwelling on a generous 585 sqm freehold section is a perfect family haven. Constructed in 1980 with robust concrete walls and tile roofing, the property boasts 3 bedrooms, 2 carparks, and a sprawling 150 sqm floor area. The well-maintained walls and roof promise durability and comfort. Here, convenience and tranquility meet, making it an ideal 'home sweet home' for first home buyers.

Boasting a CV of $620,000 as of August 2022, this property has seen a remarkable increase of 45.88% from its 2019 valuation of $425,000. The HouGarden AVM estimates the property's worth at $602,500, while the latest sales history shows a sale in 2020 for $460,000 and another in 2017 for $437,500, indicating consistent capital value growth.

For families with school-aged children, this property falls within the catchment area of several high-performing schools, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9). The proximity to these educational institutions adds immense value to this property, making it an investment in your family's future.

Updated on July 25, 2024

Council Data

Last update : 2024 12 11
Improvement value$285,000Increased by 39% from year 2019
Land value$335,000Increased by 52% from year 2019
CV(Year 2022 Month 08)$620,000Increased by 45% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area585m²
Floor area150m²
Decade of construction1980
TitleCB18K/795
Type of titleFreehold
Legal descriptionLOT 3 DP 41366
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 41366,585m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Papanui Primary School
0.90 km
Primary
1-6
Government
Co-Educational
EQI: 446
6
St Joseph's School (Papanui)
1.28 km
Primary
1-8
Government
Co-Educational
EQI: 392
9
Casebrook Intermediate
1.93 km
Secondary
7-8
Government
Co-Educational
EQI: 461
6
Papanui High School
1.95 km
Secondary
9-15
Government
Co-Educational
EQI: 462
7
Christchurch Adventist School
2.27 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Emmanuel Christian School
3.20 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Christ The King School (Burnside)
5.09 km
Primary
1-8
Government
Co-Educational
EQI: 370
8
Te Puna Wai o Waipapa - Hagley College
6.12 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Marian College
6.48 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Villa Maria College
7.05 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Middleton Grange School
7.28 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:585m²
Title:Freehold

Surrounding facilities

Kruse Place Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
53 Grimseys Road, Redwood
0.13 km
4
2
180m2
Year 2024 Month 11 Day 29
-
Council approved
8 Providence Place, Redwood
0.17 km
4
2
190m2
Year 2024 Month 10 Day 23
$835,000
Council approved
73 Regency Crescent, Redwood
0.04 km
4
2
220m2
Year 2024 Month 10 Day 18
$769,000
Council approved
17a Te Maru Place, Redwood
0.07 km
4
1
-m2
Year 2024 Month 09 Day 23
-
Council approved
21 Te Maru Place, Redwood
0.08 km
3
1
-m2
Year 2024 Month 08 Day 22
-
Council approved

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