NOT LISTED FOR SALE

Estimated Value: $2,085,098 - $2,838,000

-- Bed
1 Bath
4,764 Sq Ft
$513/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2020

Last sale price $2,070,000 $435 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $13,584 / mo

38 Days on Market

Highlights

  • City View
  • High Speed Internet
  • 2-minute walk to Makiki District Park
  • Coin Laundry
  • Level Lot

About This Home

As of November 2020

FANTASTIC OPPORTUNITY! If you were looking for the dream apartment building, here it is. 5 spacious units in a beautifully maintained all concrete apartment building just steps from Punahou School. Four 2 bdrm 1 bath units each with almost 800 sq ft of interior living space and one 4 bdrm 2 bath ground floor unit with almost 1600 sq ft of interior living space. Other features include 7 parking stalls, an interior staircase between floors and a super-convenient location near schools, bus lines, shopping, and so much more. The 4 bdrm ground floor unit has been recently upgraded with new paint and flooring. Conveniently located near schools, bus lines, and restaurants. This won’t last!

Last Agent to Sell the Property

Myron Kiriu

REMAX Hawaii License #RB-17242 Listed on: 09/18/2020

REMAX Hawaii

Last Buyer's Agent

Vincent Lao

Five Star Realty, Inc. License #RB-18181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,574

Year Built

  • Built in 1972

Lot Details

  • 8,139 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Property Views

  • City
  • Mountain

Home Design

  • Composition Roof

Interior Spaces

  • 4,764 Sq Ft Home
  • 3-Story Property

Parking

  • 7 Parking Spaces
  • Open Parking
  • Assigned Parking

Utilities

  • Above Ground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-4-009-004-0000

Community Details

Overview

  • 5 Units
  • Makiki Area Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,574

Year Built

Built in 1972

Lot Details

8,139 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1972
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: MAKIKI AREA
  • Unit Levels: Three Or More
  • Roof: Composition
  • Tax Year: 2020
  • Special Features: VirtualTour

Exterior Features

  • Construction Type: Double Wall, Concrete
  • Lot Features: Cleared, Dead End, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 7.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-2-4-009-004-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 5
  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 5573.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 20, 2020
Sold by
Chan Lou Chak and Chan Shirley Kwong
Bought by
Chan Lou Chak and Chan Shirley Kwong
Seller's Agent
Myron Kiriu
REMAX Hawaii
Buyer's Agent
Vincent Lao
Five Star Realty, Inc.
List Price
$2,150,000
Sold Price
$2,070,000
Premium/Discount to List
-$80,000
-3.72%
Current Estimated Value
$2,445,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,366
Avg. Annual Appreciation
3.10%
Original Mortgage
$550,000
Outstanding Balance
$489,422
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,955,944

Purchase Details

Closed on
Jan 21, 2019
Sold by
Watson Gail R and Kiyoko Shimazu Trust
Bought by
Watson Gail Russell and Gail Russell Watson Revocable

Purchase Details

Closed on
May 13, 2010
Sold by
Shimazu Kiyoko and Kiyoko Shimazu Trust
Bought by
Shimazu Kiyoko and Watson Gail R

Purchase Details

Closed on
Sep 8, 2004
Sold by
Russell Kimiko
Bought by
Russell Philip and Philip Russell Revocable Trust

Purchase Details

Closed on
Apr 19, 2001
Sold by
Shimazu Kiyoko
Bought by
Shimazu Kiyoko and Kiyoko Shimazu Trust

Purchase Details

Closed on
Aug 11, 2000
Sold by
Shimazu Kiyoko
Bought by
Shimazu Kiyoko and Russell Kimiko

Purchase Details

Closed on
Apr 13, 1995
Sold by
Shimazu Katsuki
Bought by
Shimazu Kiyoko and Katsuki Shimazu Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Chan Lou Chak $2,070,000 Hta
Chan Lou Chak -- Hta
Chan Lou Chak $2,070,000 Hta
Chan Lou Chak -- Hta
Chan Lou Chak -- Hta
Watson Gail Russell -- None Available
Watson Gail Russell -- None Available
Shimazu Kiyoko -- None Available
Shimazu Kiyoko -- None Available
Russell Philip -- --
Shimazu Kiyoko -- --
Shimazu Kiyoko -- --
Shimazu Kiyoko -- --
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 Chan Lou Chak $550,000
Closed Chan Lou Chak $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $2,070,000 -3.7% $435 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $2,150,000 -- $451 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $6,500 $1,857,200 $1,281,500 $575,700
2024 $6,500 $1,857,200 $1,281,500 $575,700
2023 $6,469 $1,848,400 $1,281,500 $566,900
2022 $6,372 $1,820,600 $1,281,500 $539,100
2021 $5,267 $1,504,800 $1,250,200 $254,600
2020 $5,574 $1,592,500 $1,312,700 $279,800
2019 $4,712 $1,662,100 $1,375,200 $286,900
2018 $4,712 $1,466,300 $1,187,700 $278,600
2017 $4,844 $1,504,100 $1,156,500 $347,600
2016 $4,325 $1,355,600 $1,005,100 $350,500
2015 $4,473 $1,398,100 $1,092,100 $306,000
2014 $3,762 $1,009,900 $703,800 $306,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202024236

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-4-009-004-0000

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