NOT LISTED FOR SALE

1242 6th Ave Honolulu, HI 96816

Palolo Neighborhood

Estimated Value: $3,435,748 - $3,616,000

3 Beds
1 Bath
7,920 Sq Ft
$446/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $3,415,000 $431 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $20,459/month

377 Days on Market

Highlights

  • 13,965 Sq Ft lot
  • Mountain View
  • Level Lot
  • Ali'iolani Elementary School Rated A-
  • Property is in very good condition
  • 4-minute walk to Pukele Avenue Mini Park

About This Home

As of April 2024

OFFERED below assessed Value. Beautifully maintained 2-story concrete building with (1x) 1-bedroom and (9x) 2-bedroom units with 10 open parking stalls. A large 13,965 sq ft lot with building size of 7,920 sq. ft. Each unit features exceptionally large living space with balcony or backyard with units own hot water tank. Building features a coin-operated laundry area for extra monthly income, separately metered electricity, and one sewer. Current rents are below market allowing a buyer to increase rents with some upgrades. Possible redeveloping option under Bill 7 to maximize the property's highest and best use. Ideally located near Chaminade University and the University of Hawaii Manoa, restaurants, and shops.

Last Agent to Sell the Property

angela chang

Island, REALTORS License #RS-70349 Listed on: 03/21/2023

Co-Listed By

Scott Fujiwara

Island, REALTORS License #RB-17069

Last Buyer's Agent

Mia Lin

Locations LLC License #RS-85700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,908

Year Built

  • Built in 1969

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Property is in very good condition

Interior Spaces

  • 7,920 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Mountain Views

Parking

  • 10 Parking Spaces
  • Open Parking
  • Assigned Parking

Utilities

  • Gas Available
  • Internet Available
  • Phone Available

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,908

Year Built

Built in 1969

Lot Details

0

Listing Details

  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 7920
  • Stories Type: Two
  • Year Built: 1969
  • Attribution Contact: (808) 687-8000
  • Special Features: None
  • Stories: 2

Interior Features

  • Amenities: None
  • Furnished: Partial

Exterior Features

  • Construction Type: Concrete
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Other
  • Property Condition: Above Average, Average
  • Topography: Level
  • View: Mountain

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 10

Utilities

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

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 13908.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Mar 26, 2024
Sold by
Kop Corp
Bought by
Sn Investment Inc
Seller's Agent
angela chang
Island, REALTORS
Buyer's Agent
Mia Lin
Locations LLC
List Price
$4,000,000
Sold Price
$3,415,000
Premium/Discount to List
-$585,000
-14.62%
Views
12
Current Estimated Value
$3,535,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,657
Avg. Annual Appreciation
2.59%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sn Investment Inc -- Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $3,415,000 -7.7% $431 / Sq Ft
02/07/2024 02/07/24 Price Changed $3,700,000 -7.5% $467 / Sq Ft
03/21/2023 03/21/23 For Sale $4,000,000 0.0% $505 / Sq Ft
11/17/2021 11/17/21 Rented $1,600 0.0% --
11/17/2021 11/17/21 For Rent $1,600 -- --
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 $14,344 $3,981,600 $3,502,900 $478,700
2024 $14,344 $4,098,200 $3,619,700 $478,500
2023 $15,749 $4,499,700 $4,021,900 $477,800
2022 $15,168 $4,333,600 $3,892,100 $441,500
2021 $13,902 $3,971,900 $3,502,900 $469,000
2020 $13,603 $3,886,600 $3,373,200 $513,400
2019 $14,056 $4,016,000 $3,491,300 $524,700
2018 $11,554 $3,301,100 $2,793,000 $508,100
2017 $10,255 $2,929,900 $2,234,400 $695,500
2016 $9,290 $2,654,400 $1,955,100 $699,300
2015 $8,939 $2,554,000 $1,871,300 $682,700
2014 -- $2,478,300 $1,815,500 $662,800
Source: Public Records

Agents Affiliated with this Home

  • angela chang

    Seller's Agent in 2024

    angela chang

    Island, REALTORS

    (808) 393-3700

    1 in this area

    33 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Scott Fujiwara

    Island, REALTORS

    (808) 687-8008

    2 in this area

    113 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Mia Lin

    Locations LLC

    (808) 866-9336

    1 in this area

    6 Total Sales

    Section Image

  • C

    Seller's Agent in 2021

    Courtney Oshiro

    CBI Residential Advisory Svcs.

    (808) 942-7100

    5 Total Sales

    Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202306592

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-3-003-021-0000

Hawaii Honolulu County Honolulu 96816 Palolo

1242 6th Ave, Honolulu, HI

This home is located at 1242 6th Ave, Honolulu, HI 96816 since 21 March 2023 and is currently estimated at $3,530,583, approximately $445 per square foot. This property was built in 1969. 1242 6th Ave is a home located in Honolulu County with nearby schools including Ali'iolani Elementary School, William P Jarrett Middle School, and Kaimuki 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.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

Nearby Homes