NOT LISTED FOR SALE

Estimated Value: $1,106,000 - $1,766,000

2 Beds
4 Baths
2,623 Sq Ft
$558/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $1,700,000 $648 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $8,073/month

53 Days on Market

Highlights

  • Gentle Sloping Lot
  • Ali'iolani Elementary School Rated A-
  • 4-minute walk to Kaimuki Community Park

About This Home

As of February 2024

FOUR separate houses in super desirable location just off Waialae Ave blocks shops, restaurants, and around the corner from Tamura’s on 10th. Unit mix is 1 one-bed, 3 two-beds situated on a shared driveway with mostly-covered tenant parking. Stellar rental potential as conservative market rents for the area show about a $400 shortfall on existing rents for each unit type. All tenants MTM. All units have been completely re-wired, some copper plumbing, 3 year old roofs and new paint. Gas is available, separate electric meters. Two 2-beds have separate water meters; 1 bed and 3 bed share a water meter). Great for stable investment income, extended family living or first-time investor looking to live in one and rent the others.

Last Agent to Sell the Property

Christina Dwight

Commercial Inv. Strategies License #RB-20978 Listed on: 07/06/2023

Last Buyer's Agent

Carlin Yamashita

Island Life Homes License #RB-21356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 1940

Lot Details

  • 9,850 Sq Ft Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Property is in average condition

Home Design

  • Wood Frame Construction

Interior Spaces

  • 2,623 Sq Ft Home
  • 2-Story Property
  • Partially Furnished

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking
  • Assigned Parking

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,328

Year Built

Built in 1940

Lot Details

0

Listing Details

  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 2623
  • Stories Type: One, Two
  • Year Built: 1940
  • Attribution Contact: (808) 429-1098
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: None
  • Furnished: Partial

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Easements: Driveway, Electric
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Average
  • Topography: Gentle Slope
  • View: None

Garage/Parking

  • Parking Features: Assigned, Covered, Open
  • Total Parking Spaces: 4

Utilities

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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4328.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jan 31, 2024
Sold by
Yang Family Trust and Baba 1988 Living Trust
Bought by
Yamashita Carlin Katsumi Jose and Yamashita Mai
Seller's Agent
Christina Dwight
Commercial Inv. Strategies
Buyer's Agent
Carlin Yamashita
Island Life Homes
List Price
$1,788,000
Sold Price
$1,700,000
Premium/Discount to List
-$88,000
-4.92%
Views
11
Current Estimated Value
$1,464,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$235,659
Avg. Annual Appreciation
-7.52%

Purchase Details

Closed on
Apr 20, 2019
Sold by
Lang Yang David Shi and Yang Sayoko
Bought by
Yang David S and Yang Sayoko

Purchase Details

Closed on
May 29, 2013
Sold by
Baba Hanaye and Baba 1988 Living Trust
Bought by
Yang David Shi Liang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2009
Sold by
Yang David Shi Liang and Yang Sayoko
Bought by
Yang David S and Yang Sayoko

Purchase Details

Closed on
Feb 27, 2008
Sold by
Baba Isao and Baba Hanaye
Bought by
Baba Isao and Baba Hanaya

Purchase Details

Closed on
Jul 12, 2003
Sold by
Hatsuo & Tsurue Sasaki Family Prtnrshp
Bought by
Yang David Shi Liang and Yang Sayoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,050
Interest Rate
5.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 24, 1996
Sold by
Sasaki Paul Masami
Bought by
Hatsuo & Tsurue Sasaki Family Ltd Prtnrs
Source: Public Records
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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
Yamashita Carlin Katsumi Jose -- Fam
Yang David S -- None Available
Yang David S -- None Available
Yang David Shi Liang -- Accommodation
Yang David Shi Liang -- Accommodation
Yang David S -- None Available
Baba Isao -- None Available
Yang David Shi Liang $682,500 Island Title
Hatsuo & Tsurue Sasaki Family Ltd Prtnrs $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang David Shi Liang $414,000
Previous Owner Yang David Shi Liang $484,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2024 02/07/24 Sold $1,700,000 -4.9% $648 / Sq Ft
10/11/2023 10/11/23 For Sale $1,788,000 0.0% $682 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $1,788,000 -- $682 / 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 $4,981 $1,421,800 $1,272,500 $149,300
2024 $4,981 $1,423,200 $1,272,500 $150,700
2023 $4,916 $1,404,600 $1,272,500 $132,100
2022 $4,328 $1,236,700 $1,110,100 $126,600
2021 $3,865 $1,104,200 $974,700 $129,500
2020 $3,879 $1,108,200 $974,700 $133,500
2016 $4,568 $1,305,100 $1,150,700 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202314825

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-3-005-047-0000