Sold: $750,000

Sold on 2024 Year 2024 Month 08 Day 27

40/2 Seales Road, Morrinsville, Matamata

143m²

Nestled in a serene cul-de-sac at 40/2 Seales Road, Morrinsville, Matamata, this residential ownership home unit boasts a modern construction from 2015. The 143 square meter floor area is complemented by a well-maintained brick exterior and a robust tile roof in good condition. It features 2 bedrooms, 1 carpark, and is governed by a Unit Title. The property stands on a level contour, ensuring ease of living.

With a significant Capital Value (CV) increase of 42.55% from $470,000 in 2018 to $670,000 in 2021, the property's worth has seen a steady rise. The HouGarden AVM estimates the value at $675,000, while the latest sale history shows a transaction of $750,000 in August 2024, indicating a healthy investment opportunity.

For families with educational considerations, the property falls within the zone of Morrinsville College (Secondary, Decile 6), Morrinsville Intermediate School (Intermediate, Decile 5), and Morrinsville School (Contributing, Decile 3), offering a range of educational options for children of different ages.

Updated on October 02, 2024

Council Data

Last update : 2025 01 08

Improvement value$430,000Increased by 43% from year 2018

Land value$240,000Increased by 41% from year 2018

CV(Year 2021 Month 07)$670,000Increased by 42% from year 2018

DeckYes

View typeNo appreciable view

ContourLevel

Floor area143m²

Decade of construction2015

Title440354

Type of titleUnit Title

Legal descriptionUNT 40 DP 410822 LOT 2 DP 407265

CouncilMatamata

Estate descriptionSTFH,1/1,PRINCIPAL UNIT 40 DEPOSITED PLAN 410822

ConstructionExternal Walls: Brick
Roof: Tiles

ConditionExternal Walls: Good
Roof: Good

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Morrinsville Intermediate	0.71 km	Secondary	7-8	Government	Co-Educational	EQI: 468	5	Detail
Morrinsville College	0.88 km	Secondary	9-15	Government	Co-Educational	EQI: 477	6	Detail
Morrinsville School	1.51 km	Primary	1-6	Government	Co-Educational	EQI: 514	3	Detail

Property history

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For developers

Unitary plan:-

Land:-

Title:Unit Title

Surrounding facilities

Seales Road Neighborhood and Surrounding Data
Seales Road neighborhood is a sub-region located within Morrinsville city

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
9 Maple Place, Morrinsville	0.11 km	3	2	173m²	Year 2024 Month 12 Day 20	-	Council approved
5 Maple Place, Morrinsville	0.09 km	4	2	240m²	Year 2024 Month 12 Day 06	-	Council approved
10 Maple Place, Morrinsville	0.17 km	3	2	-m²	Year 2024 Month 11 Day 19	-	Council approved
2 Holmwood Park Drive, Morrinsville	0.22 km	4		210m²	Year 2024 Month 09 Day 02	$928,000	Council approved
2 Seales Road, Morrinsville	0.03 km			182m²	Year 2024 Month 08 Day 18	$845,000	Council approved