NOT LISTED FOR SALE

The Makini at Kinau 1040 Kinau St Unit 702 Honolulu, HI 96814

Makiki Neighborhood

Estimated Value: $302,008 - $361,000

1 Bed
1 Bath
467 Sq Ft
$426/mo HOA Fee

Last Sold April 23, 2015

Last sale price $265,000 $567 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,239/month

47 Days on Market

Highlights

  • City View
  • Community Pool
  • Card or Code Access
  • 18,731 Sq Ft lot
  • Building Patio
  • Closed Circuit Camera

About This Home

As of April 2015

New Vinyl Plank Flooring Just Installed. Freshly painted with Washer/Dryer in unit. Move in ready 1 Bed /1 Bath /1 Parking. Great Location! Minutes from Ala Moana and Downtown. Walking distance to Safeway, Post Office and Schools. Building exterior is being painted right now. Close to Elevator.

Last Agent to Sell the Property

Stephanie Funakoshi

Realty Experts Hawaii, Inc. License #RS-62153 Listed on: 02/05/2015

Last Buyer's Agent

Vincent Lao

Five Star Realty, Inc. License #RB-18181

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 1974

Lot Details

  • 0.43

HOA Fees

  • $426 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 467 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • City Views
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Schools

  • Kaahumanu Elementary School
  • Stevenson Middle School
  • Mckinley High School

Listing and Financial Details

  • Assessor Parcel Number 1-2-4-013-033-0030

Community Details

Overview

  • Association fees include cable TV, hot water, sewer, water
  • 1040 Kinau Condos
  • Makiki Area Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch
  • Trash Chute

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$900

Year Built

Built in 1974

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: 1040 Kinau
  • Inclusions: AC Window Unit,Auto Garage Door Opener,Ceiling Fan,Disposal,Dryer,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1974
  • CommunityFeatures: Deck/Porch, Patio, Pool, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: MAKIKI AREA
  • Entry Level: 7
  • Unit Levels: One
  • Living Area: 467.0
  • New Construction: No
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, One Space, On Street, Secured
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association Fee: 426.0

Fee Information

  • Association Fee Includes: Cable TV, Hot Water, None, Sewer, Water

Schools

  • Elementary School: Kaahumanu
  • High School: Mckinley
  • Middle Or Junior School: Stevenson

Lot Info

  • Parcel Number: 1-2-4-013-033-0030
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 426.0

Tax Info

  • Tax Annual Amount: 900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Apr 20, 2015
Sold by
Okuma Jon Tetsuo
Bought by
Tsang Wai Tik and Tang Letty
Seller's Agent
Stephanie Funakoshi
Realty Experts Hawaii, Inc.
Buyer's Agent
Vincent Lao
Five Star Realty, Inc.
List Price
$274,000
Sold Price
$265,000
Premium/Discount to List
-$9,000
-3.28%
Current Estimated Value
$332,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,752
Avg. Annual Appreciation
2.16%
Original Mortgage
$195,000
Outstanding Balance
$150,441
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$182,311

Purchase Details

Closed on
Jun 8, 2006
Sold by
Chang Dai Tim
Bought by
Okuma Jon Tetsuo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 17, 2003
Sold by
Chen Chao Yueh Kuo and Hwang Ho Wan
Bought by
Chang Dai Tim and Dai Tim Chang Revocable Living Trust

Purchase Details

Closed on
Nov 16, 1995
Sold by
Hwang Bessie C M
Bought by
Hwang Ho Wan and Hwang Bessie C M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tsang Wai Tik $265,000 Fam
Tsang Wai Tik $265,000 Fam
Okuma Jon Tetsuo $239,000 None Available
Chang Dai Tim $123,000 --
Hwang Ho Wan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Wai Tik $195,000
Closed Tsang Wai Tik $195,000
Previous Owner Okuma Jon Tetsuo $191,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2015 04/23/15 Sold $265,000 -3.3% $567 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $274,000 -- $587 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $751 $332,800 $54,100 $278,700
2024 $751 $334,500 $54,100 $280,400
2023 $715 $321,500 $54,100 $267,400
2022 $715 $304,400 $49,000 $255,400
2021 $650 $285,600 $51,000 $234,600
2020 $671 $291,800 $46,900 $244,900
2019 $749 $293,900 $46,900 $247,000
2018 $653 $266,600 $40,800 $225,800
2017 $539 $272,800 $38,800 $234,000
2016 $551 $273,200 $35,700 $237,500
2015 $920 $262,800 $33,700 $229,100
2014 -- $254,100 $32,700 $221,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stephanie Funakoshi

    Realty Experts Hawaii, Inc.

    (808) 386-4486

    1 in this area

    5 Total Sales

    Stephanie Funakoshi
    Section Image
  • Vincent Lao

    Buyer's Agent in 2015

    Vincent Lao

    Five Star Realty, Inc.

    (808) 382-6871

    10 in this area

    210 Total Sales

    Vincent Lao
    Section Image
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About The Makini at Kinau

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201501909

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-4-013-033-0030

Hawaii Honolulu County Honolulu 96814 Makiki

1040 Kinau St Unit 702, Honolulu, HI

Not Listed for Sale

Condos

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