4 Bedroom Family Home with Fencing
423736 · Emalahleni · Tasbet Park · 4 bed · 1288 m² · freehold · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Held by | Sheriff of the High Court |
Value indicators
| Last sold price | R 16 000.00 |
| Sale date | 1999/07/23 |
Walk away above R 873 037.51 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.
Firm, figures that exist
| Bid price, reserve published on the listing | R 665 923.00 |
| Sheriff's commission | R 20 488.85 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 3 073.33 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 729 485.18 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 120 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 228 500.00 |
Cash
| On auction day | R 90 154.48 |
| Balance by 26 Aug 2026 | R 599 330.70 |
| All-in, floor to ceiling | R 729 485.18 – R 1 025 726.19 |
| All-in per m² at the ceiling | R 796.37 |
Registered against the title · 5
| Bond, Standard Bank Of South Africa Ltd B15911/2000 | R 13 250.00 |
| Bond, Standard Bank Of South Africa Ltd B139857/2005 | R 436 750.00 |
| Interdict I-513/2021AT | — |
| Interdict I-337/2024AT | — |
| Interdict I-314/2010AT | — |
Nearby sales · 11 used of 15
= Consistent with its own 1999 sale of R 16 000.00, at 17.2% a year over 27.0 years.
Selected sale Erf 677 · R 750/m² · R 750 000 · 1000m² · 31m away · sold 2024 · context only
Used by model Context only
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 366 | R 664 | R 695 000 | 1047 | 232 | 2023 |
| Erf 436 | R 665 | R 820 000 | 1234 | 269 | 2023 |
| Erf 496 | R 735 | R 750 000 | 1020 | 131 | 2023 |
| Erf 716 | R 740 | R 750 000 | 1013 | 60 | 2024 |
| Erf 677 | R 750 | R 750 000 | 1000 | 31 | 2024 |
| Erf 362 | R 854 | R 1 100 000 | 1288 | 148 | 2025 |
| Erf 711 | R 856 | R 950 000 | 1110 | 103 | 2023 |
| Erf 468 | R 875 | R 1 080 000 | 1234 | 197 | 2025 |
| Erf 366 | R 907 | R 950 000 | 1047 | 232 | 2024 |
| Erf 442 | R 1 045 | R 1 290 000 | 1234 | 346 | 2025 |
| Erf 708 | R 1 108 | R 1 160 000 | 1047 | 100 | 2025 |
| Erf 494 | R 1 127 | R 1 150 000 | 1020 | 94 | 2023 |
| Erf 692 | R 1 130 | R 1 130 000 | 1000 | 328 | 2024 |
| Erf 422 | R 1 216 | R 1 500 000 | 1234 | 313 | 2026 |
| Erf 3924 | R 2 983 | R 895 000 | 300 | 372 | 2025 |
11 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 854 976.12 and R 1 565 640.19. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.
Recited by the notice · 7
| Case number | 2742/2022 |
| Evidence read | 2026-07-31 |
Flags · 4
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.
Market value is derived from 11 nearby sales, sold 2023 to 2026, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: LGR Incorporated ((012) 817-4664). This is the practical route to an arrears figure before auction day.