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43 Arthur Street, Seaview, Timaru, 3 Bedrooms, 0 Bathrooms

Sold: $435,000

Sold on 2024 Year 2024 Month 02 Day 22

43 Arthur Street, Seaview, Timaru

3
170m2
457m2

Nestled in the serene cul-de-sac of Arthur Street, Seaview, Timaru, this charming 3-bedroom, 2-carpark dwelling is a freehold property built in 1955. The residence boasts roughcast walls in good condition and a tile roof with average upkeep. Spreading across 170 square meters of floor area and 457 square meters of land, this home offers open plan living with a cozy fireplace, a combined bathroom/laundry, and a separate toilet. The property's capital value has seen a rapid increase of 28.125% from $320,000 in 2020 to $410,000 as of 2023. HouGarden AVM estimates the property's worth at $392,500, while the latest sales were recorded at $435,000 in 2024 and $414,000 in 2021. This home is perfect for first-time buyers or investors looking to expand their rental portfolio.

With a property contour of steep fall and a well-managed section, including a vegetable garden, the home is minutes away from town and accessible from two streets. The government valuations and sales history reflect a promising investment opportunity. The property falls within the zones of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7), ensuring quality education options for the family.

Don't miss this golden opportunity to own a slice of comfort and potential in a desirable school zone. This property invites you to experience the warmth and cosiness it has to offer.

Updated on April 17, 2024

Council Data

Last update : 2024 06 19
Improvement value$205,000Increased by 51% from year 2020
Land value$205,000Increased by 10% from year 2020
CV(Year 2023 Month 09)$410,000Increased by 28% from year 2020
DeckYes
View typeNo appreciable view
ContourSteep Fall
Land area457m²
Floor area170m²
Decade of construction1955
TitleCB647/75
Type of titleFreehold
Legal descriptionPT LOT 3 DP 11623
CouncilTimaru
Estate descriptionFSIM,1/1,LOR 3 DEPOSITED PLAN 17390 AND PART LOT 3 DEPOSITED PLAN 11623,506m2
ConstructionExternal Walls: Roughcast Roof: Tiles
ConditionExternal Walls: Good Roof: Average
ZoningRES 2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roncalli College
0.51 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Waimataitai School
1.24 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Craighead Diocesan School
1.86 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
2.68 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

Unitary plan:RES 2
Land:457m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.26 km
3
1
91m2
Year 2024 Month 04 Day 19
$387,500
Council approved
0.10 km
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50 Grey Road
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2
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Year 2024 Month 03 Day 06
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5a Gibson Street
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4
214m2
Year 2024 Month 03 Day 05
$645,000
Council approved
6 Sutter Street
0.36 km
2
1
60m2
Year 2024 Month 02 Day 28
$405,000
Council approved

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