Nestled in the heart of Paeroa, Hauraki, at 2 Neil Street, this residential ownership home unit boasts 3 bedrooms, 1 bathroom, and a floor area of 100 square meters. The property, constructed in 1975 with concrete walls and an iron roof, is in average condition and features a level contour. The appealing brick cladding not only adds to the aesthetic appeal but also ensures ease of maintenance and excellent thermal retention. The small yard and internally accessed garage with an automatic door opener contribute to the easy-care nature of this property. It is heated by a heat pump and has additional insulation in the floor and ceiling for comfort. This cross-lease title is shared with a good neighbour, making it an ideal choice for retirees, investors, or those seeking a low-maintenance property. As of September 1, 2021, the Capital Value (CV) stands at $410,000, showing no increase from the previous valuation in July 2021. The HouGarden AVM estimates the property's value at $392,500. Notably, the property was last sold in 2017 for $295,000, demonstrating a significant increase from its 1993 sale price of $79,000.
With a CV increase percentage of 0.0, this property offers stability in valuation. The latest sale history and AVM provide a comprehensive picture of the property's worth in the current market.
For families with children, the school zone is a significant highlight. The property falls within a highly regarded school district, ensuring access to quality education.
Updated on April 24, 2024