NOT LISTED FOR SALE

Estimated Value: $4,154,000 - $4,402,302

2 Beds
1 Bath
13,200 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2024

Last sale price $4,250,000 $322 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $24,584 / mo

39 Days on Market

Highlights

  • 23,407 Sq Ft lot
  • Level Lot
  • 4-minute walk to Honolulu City Fern Park
  • Mountain View

About This Home

As of September 2024

OPPORTUNITY KNOCKS to Value Add with Excellent Actual Income: 18 LARGE TWO-BED UNITS close to freeway in all directions located in the heart of Metro Honolulu. Cap ex include: brand new parking lot, roof, and lanai spalling. 28 parking stalls--all but 1 rented for extra income. All units are separately metered for electric, w/ master meter for CAM electric; one gas meter for heater and dryers only (no gas appliances inside units), and one water meter. Each unit is sub metered and water/sewer is charged back to the tenants. W/D machines are leased for about $120/mo but PM collects coins for add' income. Buyer to accept existing survey performed by Ailana Survery on May 14, 2024.

Last Agent to Sell the Property

Christina Dwight

Commercial Inv. Strategies License #RB-20978 Listed on: 07/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,906

Year Built

  • Built in 1966

Lot Details

  • 23,407 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in average condition

Interior Spaces

  • 13,200 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Mountain Views

Parking

  • 28 Parking Spaces
  • Assigned Parking

Utilities

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

Community Details

  • 18 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,906

Year Built

Built in 1966

Lot Details

0.54 Acres

Listing Details

  • LandTenure: FS - Fee Simple
  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 13200
  • Stories Type: Three
  • Year Built: 1966
  • Attribution Contact: (808) 429-1098
  • Special Features: None
  • Stories: 3

Interior Features

  • Amenities: None
  • Furnished: Partial

Exterior Features

  • Construction Type: Hollow Tile
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Average
  • Topography: Level
  • View: Mountain

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 28

Utilities

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

Multi Family

  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 11906.28

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 18, 2024
Sold by
Bought by
Seller's Agent
Christina Dwight
Commercial Inv. Strategies
List Price
$4,000,000
Sold Price
$4,250,000
Premium/Discount to List
$250,000
6.25%
Views
7
Current Estimated Value
$4,278,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,151
Avg. Annual Appreciation
0.36%
Original Mortgage
$2,000,000
Interest Rate
0.0647%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,250,000 Fam
$1,000 None Available
$1,000 --
$830,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Open $2,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $4,250,000 +6.3% $322 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $4,000,000 0.0% $303 / Sq Ft
11/16/2023 11/16/23 Rented $1,550 0.0% --
11/16/2023 11/16/23 For Rent $1,550 0.0% --
09/22/2022 09/22/22 Off Market $1,550 -- --
09/21/2022 09/21/22 Rented $1,550 0.0% --
08/22/2022 08/22/22 For Rent $1,550 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,118 $4,083,100 $3,008,800 $1,074,300
2025 $13,118 $3,748,100 $2,726,800 $1,021,300
2024 $11,905 $3,401,400 $2,726,800 $674,600
2023 $11,906 $3,401,800 $2,726,800 $675,000
2022 $10,739 $3,068,200 $2,444,700 $623,500
2021 $10,879 $3,108,300 $2,444,700 $663,600
2020 $11,762 $3,360,700 $2,632,700 $728,000
2019 $10,105 $2,887,200 $2,162,600 $724,600
2018 $10,099 $2,885,300 $2,162,600 $722,700
2017 $10,331 $2,951,800 $2,162,600 $789,200
2016 $9,981 $2,851,700 $2,054,500 $797,200
2015 $7,871 $2,248,900 $1,654,900 $594,000
2014 -- $1,976,900 $1,371,900 $605,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202415565

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-3-011-020-0000

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