PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

Property report · census 3 Aug 2026

423736 · 4 Bedroom Family Home with Fencing

Tasbet Park - 1 Matumi Street

improved 4 bed 1288 m² ? review confidence low bond 20002 bonds

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Emalahleni Mpumalanga
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 90 154 balance R 599 331 by 26 Aug 2026
All-in cost R 729 485 to R 1 025 726 at full provisions
Discount to market 12.2% value R 1 168 672
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 665 923 – R 732 515
All-in ceiling R 1 025 726
Walk-away price R 873 038
Market value R 1 168 672

Firm cost at the bid floor · R 729 485

Bid price R 665 923
Sheriff's commission, incl VAT R 23 562
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 566
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 228 500

Municipal arrears aged R 120 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 372 m

market value R 1 168 672 R 750 000 · 31 m · 2024 R 750 000 · 60 m · 2024 R 1 150 000 · 94 m · 2023 R 1 160 000 · 100 m · 2025 R 950 000 · 103 m · 2023 R 750 000 · 131 m · 2023 R 1 100 000 · 148 m · 2025 R 1 080 000 · 197 m · 2025 R 950 000 · 232 m · 2024 R 695 000 · 232 m · 2023 R 820 000 · 269 m · 2023 R 1 500 000 · 313 m · 2026 R 1 130 000 · 328 m · 2024 R 1 290 000 · 346 m · 2025 R 895 000 · 372 m · 2025 0 m 372 m

Each dot is a registered transfer: nearer is left, dearer is up.

Houses in this suburb · average sale price by year

2019: R 855 000 across 16 sales 2020: R 860 000 across 17 sales 2021: R 880 000 across 13 sales 2022: R 800 000 across 21 sales 2023: R 900 000 across 21 sales 2024: R 935 000 across 22 sales 2025: R 1 100 000 across 15 sales R 855 000 R 1 100 000 2019 2025

Suburb context only — it corroborates a value and never produces one.

Provenance

Case opened2022
Oldest bond registered2000
Reserve is rand-exactR 665 923.00
The firm's live book5 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2022-opened case: R120000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
  • VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R99888 in its place.

The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.

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