This delightful residence located at 8 Lincoln Street, Morrinsville, Matamata, encapsulates the essence of family living with its solid 1950's construction. Spread over a generous freehold land area of 911m2, the property features three spacious bedrooms, a modernized bathroom, and a single carpark. The home's floor area of 140m2 is complemented by roughcast walls and an iron roof, both in average condition, reflecting its era with grace. The level property contour adds to the ease of living in this charming home.
Since its last valuation, the property has seen a significant increase in capital value, jumping from $430,000 in July 2018 to $650,000 in July 2021, marking a 51.16% growth. The HouGarden AVM estimates the property's worth at $622,500, while the most recent sale in February 2024 fetched $665,000, indicating a steady appreciation in value. This trend underscores the property's solid investment potential and its appeal in the current market.
Education is well catered for with Morrinsville School (decile 3), Morrinsville Intermediate School (decile 5), and Morrinsville College (decile 6) all within easy reach, offering a range of learning environments from contributing through to secondary levels. This property is not just a home but a lifestyle opportunity, perfectly positioned for families seeking a blend of comfort, convenience, and quality education.
Updated on April 05, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 2 | 1 | 110m2 | 2024年04月23日 | $740,000 | Council approved | |
 | 0.31 km | 2 | 2 | 178m2 | 2024年03月19日 | $840,000 | Council approved | |
0.06 km | 2 | 130m2 | 2024年03月05日 | $800,000 | Council approved | |||
0.41 km | 157m2 | 2023年11月26日 | $815,000 | Council approved | ||||
0.31 km | 3 | 148m2 | 2023年11月15日 | $762,000 | Council approved |