$485,000
SOLD FEB 25, 2025
-- Bed
-- Bath
748 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$648 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Ocean View
  • Parking available for a boat
  • 1-Story Property
  • Salt Lake Elementary School Rated 9+
  • Terraced Lot

About This Home

As of February 2025

Take advantage of breathtaking ocean views and stunning sunsets as you reimagine this lot to its fullest potential. Attention Investors and Visionaries! Unlock the potential of this prime property in the highly sought-after Aliamanu area. Perfectly situated near Salt Lake Shopping Center, the upcoming stadium development, major freeways, and the airport, this location offers both convenience and unbeatable accessibility. The current structure is a tear-down, offering a blank slate for rebuilding—ideal for multigenerational living or your dream home project. Priced below a recent tax assessment, this property is a rare investment opportunity in a centrally located neighborhood. Important: Do not access the property without the listing agent present. Entry into the house or walking under the structure is prohibited due to unstable flooring. "As is" sale. Seize this chance to transform potential into reality!

Last Agent to Sell the Property

Arielle Oftedal

Island Living Homes Brokerage Phone: (808) 798-5800 License #RS-86358 Listed on: 01/17/2025

Co-Listed By

Shannon W. King

Island Living Homes Brokerage Phone: (808) 798-5800 License #RB-22278

Last Buyer's Agent

Fan Gong

Coldwell Banker Realty License #RS-81050

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot
  • Terraced Lot
  • Zoning described as 05 - R-5 Residential District

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Ocean Views

Parking

  • 3 Parking Spaces
  • Carport
  • Parking available for a boat

Community Details

  • Aliamanu Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-1-1-025-077-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,156

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Co List Office Mls Id: ILHM
  • Inclusions: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1955
  • Attribution Contact: (808) 798-5800
  • CommunityFeatures: None
  • Road Surface Type: Paved
  • Co List Office Phone: (808) 798-5800
  • MLS Status: Closed
  • Subdivision Name: ALIAMANU
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Other
  • Furnished: Unfurnished
  • Stories: 1

Exterior Features

  • Lot Features: Interior Lot, Other
  • Pool Features: None
  • Property Condition: Tear Down / Value in Land
  • Topography: Terraced
  • View: Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: See Remarks

Garage/Parking

  • Parking Features: Boat, Carport, Three or more Spaces, On Street
  • Total Parking Spaces: 3.0

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel Number: 1-1-1-025-077-0000
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 3156.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 20, 2025
Sold by
Red Rock 2020 A Llc
Bought by
1267 Wanaka Llc
Seller's Agent
Arielle Oftedal
Island Living Homes
Buyer's Agent
Fan Gong
Coldwell Banker Realty
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Total Days on Market
39
Views
55
Current Estimated Value
$584,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,333
Avg. Annual Appreciation
110.70%

Purchase Details

Closed on
Jun 27, 2024
Sold by
Mastr Asset-Backed Securities Trust and Us Bank Trust Company National Associati
Bought by
Red Rock 2020 A Llc

Purchase Details

Closed on
Sep 18, 2023
Sold by
Wong Thomas J
Bought by
Mastr Asset-Backed Securities Trust and Wong

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mateo Jim and Mateo Imelda Napoles
Bought by
Mateo Jim and Mateo Imelda Napoles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2001
Sold by
Transfiguracion Tecla Hermano and Hermano Albino Malvar
Bought by
Mateo Jim and Mateo Imelda Napoles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.1%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed -- Title Guaranty
Quit Claim Deed $237,000 Tge
Commissioners Deed -- First Hawaii Title
Interfamily Deed Transfer -- --
Warranty Deed $175,000 Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,250 Balloon
Previous Owner $213,000 Unknown
Previous Owner $157,500 No Value Available
Closed $5,726 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $485,000 -2.8% $648 / Sq Ft
01/17/2025 01/17/25 For Sale $499,000 -- $667 / 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
2024 $2,764 $789,800 $777,000 $12,800
2023 $2,939 $839,700 $819,000 $20,700
2022 $2,197 $727,800 $703,500 $24,300
2021 $1,992 $669,200 $630,000 $39,200
2020 $2,006 $673,000 $640,500 $32,500
2019 $2,200 $708,600 $619,500 $89,100
2018 $2,018 $656,500 $619,500 $37,000
2017 $1,793 $592,400 $535,500 $56,900
2016 $1,863 $612,400 $535,500 $76,900
2015 $1,558 $525,200 $472,500 $52,700
2014 $1,351 $459,300 $409,500 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202502178

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-1-025-077-0000