NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,505,000

8 Beds
4 Baths
2,184 Sq Ft
$570/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $580,000 $266 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $6,948/month

26 Days on Market

About This Home

As of June 2012

Partially renovated 4-plex in the heart of Honolulu with four (4) 2-bdrm/1 bath/1 parking apts. Each unit boasts individual electric meters, washer/dryers, and assigned cov'd parking. In town, near freeway, schools, and bus stops. Rental income at $1100 each for units A + B, and $1000 each for units C + D. Units A + B combines into a 4 bdrm/2 bath home! Live in one and rent out the rest!

Last Agent to Sell the Property

Gloria Chi

Gloria Chi Realty Inc. License #RB-14503 Listed on: 04/06/2012

Co-Listed By

Wayne Chi

Gloria Chi Realty Inc. License #RB-20658

Last Buyer's Agent

Gloria Chi

Gloria Chi Realty Inc. License #RB-14503 Listed on: 04/06/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,320 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Assigned Parking

Community Details

  • 4 Units
  • Kapalama Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 1-1-6-004-047-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • Co List Office Mls Id: CHIG
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1957
  • CommunityFeatures: None
  • LaundryFeatures: In Unit
  • Co List Office Phone: (808) 941-9999
  • MLS Status: Closed
  • Subdivision Name: KAPALAMA
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Concrete, Wood Frame
  • Lot Features: Cleared, Dead End, Interior Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure, See Remarks
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-1-6-004-047-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 4
  • Tenant Pays: Cable TV, Electricity, Water
  • Total Actual Rent: 50400.0

Tax Info

  • Tax Annual Amount: 22752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
May 23, 2012
Sold by
Chi Gloria Yung Kuei
Bought by
Tsai Tian and Ching Tsai I
Seller's Agent
Gloria Chi
Gloria Chi Realty Inc.
Buyer's Agent
Gloria Chi
Gloria Chi Realty Inc.
List Price
$675,000
Sold Price
$580,000
Premium/Discount to List
-$95,000
-14.07%
Current Estimated Value
$1,243,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,907
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Mar 25, 2010
Sold by
Butay Rodelle Bonilla
Bought by
Chi Gloria Yung Kuei and Peter Faun Revocable Living Trust

Purchase Details

Closed on
Mar 2, 2004
Sold by
Chang Henry and Chang Eunice
Bought by
Butay Rodelle Bonilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.65%
Mortgage Type
Unknown
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
Tsai Tian $580,000 Fhtc
Tsai Tian $580,000 Fhtc
Chi Gloria Yung Kuei $518,000 Fhtc
Butay Rodelle Bonilla $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butay Rodelle Bonilla $336,000
Closed Butay Rodelle Bonilla $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2012 06/01/12 Sold $580,000 -14.1% $266 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $675,000 -- $309 / 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 $5,101 $1,086,300 $825,900 $260,400
2024 $5,101 $1,096,600 $825,900 $270,700
2023 $4,394 $1,034,600 $844,300 $190,300
2022 $3,333 $952,200 $679,100 $273,100
2021 $3,050 $871,400 $660,700 $210,700
2020 $2,989 $853,900 $679,100 $174,800
2019 $3,245 $927,000 $697,500 $229,500
2018 $2,821 $806,000 $569,000 $237,000
2017 $2,864 $818,400 $532,300 $286,100
2016 $2,506 $716,100 $486,400 $229,700
2015 $2,357 $673,300 $376,300 $297,000
2014 -- $564,200 $367,100 $197,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1203834

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-6-004-047-0000