NOT LISTED FOR SALE

1199 Olomea St Honolulu, HI 96817

Kalihi-Palama Neighborhood

Estimated Value: $1,125,000 - $1,257,000

5 Beds
4 Baths
2,856 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $1,050,000 $368 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,780/month

76 Days on Market

About This Home

As of June 2021

Two buildings: 2-story duplex (3/1 each) and single level duplex (2/1 and 1/1 units). Four units total.
Parking for 8 cars.
Conveniently located in the Kapalama area.
Great potential for improvement.

Last Agent to Sell the Property

Aiko Miyatake

Amber Properties LLC License #RB-14596 Listed on: 03/11/2021

Last Buyer's Agent

Amber Cao

Five Star Realty, Inc. License #RS-83849

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1951 | Remodeled in 2004

Lot Details

  • 8,359 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Tandem Parking
  • Open Parking
  • Assigned Parking

Schools

  • Kaiulani Elementary School
  • Kalakaua Middle School
  • Farrington High School

Utilities

  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1951 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 2856
  • Stories Type: One, Two
  • Year Built: 1951
  • Year Renovated: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: None
  • Furnished: None

Exterior Features

  • Construction Type: Above Ground, Concrete, Hollow Tile, Single Wall, Slab, Wood Frame
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Fair
  • Topography: Level
  • View: None

Garage/Parking

  • Parking Features: Assigned, Open, Tandem
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Connected

Schools

  • Elementary School: Kaiulani
  • Middle School: Kalakaua
  • High School: Farrington
  • Elementary School: Kaiulani
  • High School: Farrington
  • Middle Or Junior School: Kalakaua

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3768.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jun 21, 2021
Sold by
Miyatake Flp Investments Llc
Bought by
Cao Juan Qing and Cao Wanzhen
Seller's Agent
Aiko Miyatake
Amber Properties LLC
Buyer's Agent
Amber Cao
Five Star Realty, Inc.
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,202,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,973
Avg. Annual Appreciation
4.40%
Original Mortgage
$765,000
Outstanding Balance
$698,617
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$557,511

Purchase Details

Closed on
Dec 17, 2007
Sold by
Miyatake Aiko S
Bought by
Miyatake Flp Investments Llc

Purchase Details

Closed on
Feb 12, 2005
Sold by
Miyatake Yoshito and Miyatake Aiko S
Bought by
Miyatake Aiko S and Trust Of Aiko S Miyatake

Purchase Details

Closed on
Jul 16, 2003
Sold by
Nagasawa Gilbert S
Bought by
Miyatake Yoshito and Miyatake Aiko S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2001
Sold by
Bank Of Hawaii
Bought by
Rga Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cao Juan Qing $1,050,000 Fam
Cao Juan Qing $1,050,000 Fam
Miyatake Flp Investments Llc $1,000 None Available
Miyatake Aiko S -- --
Miyatake Yoshito $550,000 --
Rga Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Juan Qing $100,000
Open Cao Juan Qing $765,000
Closed Cao Juan Qing $765,000
Previous Owner Miyatake Yoshito $250,000
Closed Miyatake Yoshito $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,050,000 0.0% $368 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,050,000 -- $368 / 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 $4,756 $1,367,500 $1,082,700 $284,800
2024 $4,756 $1,358,900 $1,082,700 $276,200
2023 $4,737 $1,353,300 $1,106,800 $246,500
2022 $3,988 $1,139,400 $890,200 $249,200
2021 $3,978 $1,136,600 $866,200 $270,400
2020 $3,768 $1,076,600 $890,200 $186,400
2019 $3,804 $1,233,600 $914,300 $319,300
2018 $3,804 $1,086,900 $745,900 $341,000
2017 $3,896 $1,113,200 $697,700 $415,500
2016 $3,094 $884,000 $612,800 $271,200
2015 $3,100 $885,600 $474,100 $411,500
2014 -- $706,700 $462,500 $244,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Aiko Miyatake

    Amber Properties LLC

    (808) 262-6788

    1 in this area

    7 Total Sales

    Aiko Miyatake
    Section Image

  • A

    Buyer's Agent in 2021

    Amber Cao

    Five Star Realty, Inc.

    (808) 382-6871

    2 in this area

    5 Total Sales

    Amber Cao
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202106771

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-6-003-017-0000

Hawaii Honolulu County Honolulu 96817 Kalihi-Palama

1199 Olomea St, Honolulu, HI

This home is located at 1199 Olomea St, Honolulu, HI 96817 since 11 March 2021 and is currently estimated at $1,202,973, approximately $421 per square foot. This property was built in 1951. 1199 Olomea St is a home located in Honolulu County with nearby schools including Princess Victoria Ka'iulani Elementary School, King David Kalakaua Middle School, and Gov. Wallace Rider Farrington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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