NOT LISTED FOR SALE

Estimated Value: $1,655,000 - $2,171,808

4 Beds
1 Bath
2,448 Sq Ft
$782/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $1,550,000 $633 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,647/month

62 Days on Market

Highlights

  • Central Air
  • Level Lot
  • 4-minute walk to Sheridan Community Park

About This Home

As of May 2017

Prime town location between Pensacola and Piikoi streets. Large 3-bdrm 1-bath single family home (requires renovation) plus a 4-unit apartment building. Building consists of four 1-bdrm 1-bath units. Live in one and rent out other four, or rent out everything for maximum cash flow. Very easy to rent! Laundry area located behind building. Great opportunity for contractors and investors. A diamond in the rough. Located in the Kakaako development zoning area. Please do not disturb tenants.

Last Agent to Sell the Property

Nikova Sueoka

Aloha Pacific Properties Inc License #RS-77029 Listed on: 01/30/2017

Last Buyer's Agent

Brian Chua

Five Star Realty, Inc. License #RB-21314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1945

Lot Details

  • 5,485 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Parking Spaces
  • Open Parking
  • Assigned Parking

Schools

  • Kaahumanu Elementary School
  • Washington Middle School
  • Mckinley High School

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1-2-3-010-020-0000

Community Details

Overview

  • 5 Units
  • Kakaako Subdivision

Building Details

  • Operating Expense $9,000
  • Net Operating Income $83,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,744

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1945
  • MLS Status: Closed
  • Subdivision Name: KAKAAKO
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cleared, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 5.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-2-3-010-020-0000
  • Zoning Description: KA - State jurisdiction, refer

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 83400.0
  • Annual Operating Expense: 9000.0
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 7700.0

Tax Info

  • Tax Annual Amount: 3744.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 24, 2017
Sold by
Lee Janice K
Bought by
Lucky Tang Llc
Seller's Agent
Nikova Sueoka
Aloha Pacific Properties Inc
Buyer's Agent
Brian Chua
Five Star Realty, Inc.
List Price
$1,700,000
Sold Price
$1,550,000
Premium/Discount to List
-$150,000
-8.82%
Current Estimated Value
$1,914,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,952
Avg. Annual Appreciation
2.72%
Original Mortgage
$1,000,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2016
Sold by
Miyashiro Zachary Y
Bought by
Miyashiro Zachary Yuko and Phillips Ann Kikue

Purchase Details

Closed on
Feb 7, 2013
Sold by
Chinen Doris Hideko
Bought by
Chinen Yoshio and Chinen Doris H

Purchase Details

Closed on
Jun 1, 2010
Sold by
Chinen Doris Hideko
Bought by
Chinen Doris Hideko and Miyashiro Harold Yukio

Purchase Details

Closed on
Mar 28, 1996
Sold by
Miyashiro Herbert Koichi and Miyashiro Herbert K
Bought by
Miyashiro Herbert Koichi and Miyashiro Esther Kikuko
Source: Public Records

Range of Values:

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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
Lucky Tang Llc $1,550,000 None Available
Lucky Tang Llc $1,550,000 None Available
Miyashiro Zachary Yuko -- None Available
Miyashiro Zachary Y -- None Available
Miyashiro Zachary Yuko -- None Available
Miyashiro Zachary Y -- None Available
Chinen Yoshio -- None Available
Chinen Yoshio -- None Available
Chinen Doris Hideko -- None Available
Chinen Doris Hideko -- None Available
Miyashiro Herbert Koichi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Lam Llc $1,120,000
Closed Lucky Lam Llc $1,120,000
Closed Lucky Tang Llc $1,042,000
Closed Finance Factors Limited $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $1,550,000 -8.8% $633 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $1,700,000 -- $694 / 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 $5,816 $1,661,100 $1,466,100 $195,000
2024 $5,816 $1,661,700 $1,466,100 $195,600
2023 $5,795 $1,655,800 $1,466,100 $189,700
2022 $5,194 $1,483,900 $1,303,200 $180,700
2021 $5,030 $1,437,200 $1,248,900 $188,300
2020 $5,255 $1,501,300 $1,303,200 $198,100
2019 $5,257 $1,502,000 $1,303,200 $198,800
2018 $4,664 $1,332,700 $1,167,500 $165,200
2017 $4,340 $1,239,900 $1,086,000 $153,900
2016 $4,063 $1,160,800 $1,004,600 $156,200
2015 $3,752 $1,072,000 $923,100 $148,900
2014 $3,098 $964,000 $814,500 $149,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201701681

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-010-020-0000