Nestled at 94 Reservoir Street, Putaruru, South Waikato, this residential dwelling on a freehold title was constructed in 1962 with concrete walls and an iron roof. It boasts 3 bedrooms, a spacious floor area of 108 sqm, and a single carpark. The property, with its average wall and roof conditions, sits on a land area of 859 sqm with an easy/moderate rise contour. Here, a DIY enthusiast or a retiring couple can start a new chapter, as this home offers original features and the potential for renovation. The house includes an open plan kitchen and dining area, a separate lounge with charming wooden floors, and a log fire for cozy warmth. It also has a separate bathroom, toilet, and laundry. This property, valued at $485,000 according to the government's capital value assessment as of July 2021, has seen no increase in its CV since 2018. However, the HouGarden AVM estimates it at $465,000, and it was recently sold on February 18, 2024, for $430,000.
As for the property's valuation history, the capital value has remained stable with a 0.0% increase over the years. The latest sale price indicates a potential opportunity for investors or families seeking value in the housing market. This home, a deceased estate, will be sold 'as is where is', inviting the next owner to write their own story within these walls.
For families with children, the school zone is a significant highlight. The local schools are well-rated, ensuring quality education for the young ones, and the area is convenient, close to amenities like eateries, petrol stations, and children's playgrounds.
Updated on April 17, 2024
