Valuation No.

0581185700

Location

180 Somerville Road, Te Kuiti

Legal Description

LOT 2 DPS 43578 BLK XV ORAHIRI S D

Certificate of Title

SA38A/730

Ward No.

2

Zone

1A

Use

21

Category

LI195B

TORAS

111000

Property Area (hectares)

4.4980

Current Rating Valuation

As valued at 1 September 2024

Land Value

$590,000

Improvements Value

$190,000

Capital Value

$780,000

Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$889.85

Instalment 2.

$889.80

Instalment 3.

$889.85

Instalment 4.

$889.80

Current Year's Rates

$3,559.30

Previous Year's Rates

$3,396.60

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
003 General Rate (C) 780,000.00 0.22791 $1,777.70
012 Solid Waste Rate (U) 1.00 330.00 $330.00
021 Uniform Annual General Charge (U) 1.00 250.00 $250.00
038 Stormwater Rural (U) 1.00 22.00 $22.00
072 Solid Waste Collection Waitomo (U) 1.00 76.00 $76.00
084 Trade Waste Contribution TK (U) 1.00 42.00 $42.00
089 District Roading Rate - General (C) 780,000.00 0.12546 $978.60
119 District Wide Benefit Water (U) 1.00 40.00 $40.00
120 District Wide Benefit Wastewater (U) 1.00 43.00 $43.00
Total $3,559.30

History

Year Land Value Capital Value Annual Rates
2024/2025 $490,000 $680,000 $3,396.60
2023/2024 $490,000 $680,000 $3,185.25
2022/2023 $490,000 $680,000 $3,053.75
2021/2022 $275,000 $445,000 $2,700.10
2020/2021 $275,000 $445,000 $2,712.45
2019/2020 $275,000 $445,000 $2,658.25
2018/2019 $195,000 $342,000 $2,457.80
2017/2018 $195,000 $342,000 $2,425.40
2016/2017 $195,000 $342,000 $2,401.80
2015/2016 $195,000 $342,000 $2,363.85