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58b Sarabande Avenue, Redwood, Christchurch, 3 Bedrooms, 1 Bathrooms, Unit

Sold: $535,000

Sold on 2024 Year 2024 Month 07 Day 26

58b Sarabande Avenue, Redwood, Christchurch

3
1
100m2

Welcome to 58b Sarabande Avenue, a beautifully renovated 3-bedroom, 1-bathroom home with a single carpark, set on a level plot in a quiet cul-de-sac of Redwood, Christchurch. This residential ownership home unit, built in 1981, boasts a solid concrete exterior, a tiled roof in good condition, and a cross-lease title. The property has seen a significant increase in Capital Value (CV), rising from $350,000 in August 2019 to the current $510,000, indicating a growth rate of 45.7%. The house itself is ready for modern living with USB and USBC ports thoughtfully integrated into most wall sockets.

With a HouGarden AVM of $515,000 and a latest sale price of $535,000 in July 2024, this property presents a sound investment. The previous sale in January 2017 was at $380,000, demonstrating a consistent capital appreciation. The low-maintenance gardens and fully fenced lawn provide a secure space for children and pets, while the convenient location near shopping malls, supermarkets, and public transport adds to the appeal.

For families with school-aged children, the property falls within the zones of several high-performing schools. Christ the King School is a full primary with a decile rating of 8, while Villa Maria College and Middleton Grange School are secondary schools with decile ratings of 9. Other schools in the area include Emmanuel Christian School, Casebrook Intermediate, Papanui High School, Papanui School, St Joseph's School, Christchurch Adventist School, Hagley Community College, and Marian College, all offering a range of educational options.

Updated on September 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$250,000Increased by 28% from year 2019
Land value$260,000Increased by 67% from year 2019
CV(Year 2022 Month 08)$510,000Increased by 45% from year 2019
View typeNo appreciable view
ContourLevel
Floor area100m²
Decade of construction1981
TitleCB23A/808
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 44655 ON LOT 1 DP 38934 HAVING SHARE IN 597 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,FLAT 2 DEPOSITED PLAN 44655
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
0.31 km
Primary
1-6
Government
Co-Educational
EQI: 446
6
St Joseph's School (Papanui)
0.68 km
Primary
1-8
Government
Co-Educational
EQI: 392
9
Papanui High School
1.35 km
Secondary
9-15
Government
Co-Educational
EQI: 462
7
Casebrook Intermediate
1.51 km
Secondary
7-8
Government
Co-Educational
EQI: 461
6
Christchurch Adventist School
1.70 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Emmanuel Christian School
2.81 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Christ The King School (Burnside)
4.48 km
Primary
1-8
Government
Co-Educational
EQI: 370
8
Te Puna Wai o Waipapa - Hagley College
5.74 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Marian College
6.25 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Villa Maria College
6.45 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Middleton Grange School
6.71 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:-
Title:Cross-Lease

Surrounding facilities

Sarabande Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
39A Winters Road, Redwood
0.20 km
4
2
232m2
Year 2024 Month 12 Day 13
$830,500
Council approved
32A Greenock Street, Redwood
0.10 km
3
1
110m2
Year 2024 Month 10 Day 22
-
Council approved
70 Sarabande Avenue, Redwood
0.10 km
4
2
-m2
Year 2024 Month 10 Day 08
$750,000
Council approved
20 Greenock Street, Redwood
0.11 km
4
1
-m2
Year 2024 Month 08 Day 08
-
Council approved
39 Winters Road, Redwood
0.19 km
4
2
156m2
Year 2024 Month 08 Day 05
$590,000
Council approved

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