NOT LISTED FOR SALE

1543 Makiki St Unit 503 Honolulu, HI 96822

Makiki Neighborhood

Estimated Value: $396,000 - $433,000

2 Beds
1 Bath
821 Sq Ft
$468/mo HOA Fee

Last Sold July 27, 2020

Last sale price $395,000 $481 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,725/month

23 Days on Market

Highlights

  • Ocean View
  • Card or Code Access
  • Closed Circuit Camera
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2-minute walk to Makiki District Park

About This Home

As of July 2020

NEW LISTING!! This RARELY available 2 Bedroom/1 Bathroom unit features low maintenance fees, cool trade winds, freshly painted, upgraded cabinets, assigned covered parking, AC, endless city & mountain views, & a large Den space perfect for home office, storage, or kids play room. Makiki Bel-Aire is a safe/secured building & is conveniently located next to Makiki park, bus stops, freeway access, restaurants, grocery stores, schools, hospitals, & just minutes from Waikiki, Ward, Blaisedell, Ala Moana Center, Downtown Honolulu, University of Hawaii & much more….A MUST SEE!!

Last Agent to Sell the Property

Mark Young

True Real Estate Hawaii LLC License #RS-72387 Listed on: 06/04/2020

Last Buyer's Agent

Vincent Lao

Five Star Realty, Inc. License #RB-18181

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $993

Year Built

  • Built in 1966

Lot Details

  • Property is in excellent condition

HOA Fees

  • $468 Monthly HOA Fees

Property Views

  • Ocean
  • City

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 821 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-4-009-002-0027

Community Details

Overview

  • Association fees include common areas, sewer, water
  • Makiki Bel Aire Condos
  • Makiki Area Subdivision

Amenities

  • Trash Chute
  • Laundry Facilities

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$993

Year Built

Built in 1966

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Makiki Bel Aire
  • Inclusions: AC Window Unit,Blinds,Disposal,Range Hood,Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1966
  • CommunityFeatures: Laundry Facilities, Other, Trash Chute
  • Road Frontage Type: Other
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: MAKIKI AREA
  • Entry Level: 5
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Three Or More
  • Living Area: 821.0
  • New Construction: No
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Double Wall, Concrete
  • Property Condition: Excellent, Updated/Remodeled
  • View: City, Mountain(s), Ocean
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, One Space, On Street
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association Fee: 468.0

Fee Information

  • Association Fee Includes: Common Areas, None, Sewer, Water

Lot Info

  • Parcel Number: 1-2-4-009-002-0027
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 468.21

Tax Info

  • Tax Annual Amount: 993.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 20, 2020
Sold by
Nakamura Cindy K and The Cindy K Nakamura Trust
Bought by
Zhang Chen
Seller's Agent
Mark Young
True Real Estate Hawaii LLC
Buyer's Agent
Vincent Lao
Five Star Realty, Inc.
List Price
$410,000
Sold Price
$395,000
Premium/Discount to List
-$15,000
-3.66%
Current Estimated Value
$409,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,767
Avg. Annual Appreciation
0.70%
Original Mortgage
$115,000
Outstanding Balance
$102,164
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$307,603

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jul 14, 2015
Sold by
Nakamura Rey and Nakamura Cindy Kimi
Bought by
Nakamura Cindy K
Seller's Agent
Shirley Judge
Locations LLC
Buyer's Agent
Mark Young
True Real Estate Hawaii LLC
List Price
$398,000
Sold Price
$375,000
Premium/Discount to List
-$23,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$300,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2013
Sold by
Slaymaker Cindy Ki and Lam Winnie Wai Shan
Bought by
Lam Winnie Wai Shan and Lau Glenn S C

Purchase Details

Closed on
Apr 8, 2013
Sold by
Lam Winnie Wai Shan and Slaymaker Cindy Ki
Bought by
Lam Winnie Wai Shan and Slaymaker Cindy Ki

Purchase Details

Closed on
Oct 7, 2009
Sold by
Lam Winnie Wai Shan
Bought by
Lam Winnie Wai Shan and Slaymaker Cindy Ki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2002
Sold by
Luster Arlene Leong
Bought by
Lam Winnie Wai Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Zhang Chen $395,000 Fam
Zhang Chen $395,000 Fam
Nakamura Cindy K -- Or
Nakamura Rey $375,000 Or
Nakamura Cindy K -- Or
Nakamura Rey $375,000 Or
Lam Winnie Wai Shan $52,000 None Available
Lam Winnie Wai Shan $52,000 None Available
Lam Winnie Wai Shan -- Accommodation
Lam Winnie Wai Shan -- Accommodation
Lam Winnie Wai Shan -- None Available
Lam Winnie Wai Shan $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Chen $115,000
Closed Zhang Chen $115,000
Previous Owner Nakamura Rey $300,000
Previous Owner Lam Winnie Wai Shan $174,000
Previous Owner Lam Winnie Wai Shan $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $395,000 -3.7% $481 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $410,000 +9.3% $499 / Sq Ft
07/17/2015 07/17/15 Sold $375,000 -5.8% $457 / Sq Ft View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $398,000 -- $485 / 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 $1,091 $412,600 $81,100 $331,500
2024 $1,091 $431,700 $81,100 $350,600
2023 $1,060 $436,000 $81,100 $354,900
2022 $1,060 $402,900 $79,500 $323,400
2021 $1,017 $390,600 $73,200 $317,400
2020 $905 $398,500 $73,200 $325,300
2019 $993 $394,800 $73,200 $321,600
2018 $993 $403,700 $60,500 $343,200
2017 $914 $381,000 $58,900 $322,100
2016 $789 $345,400 $55,700 $289,700
2015 $1,178 $336,700 $49,300 $287,400
2014 -- $321,800 $41,400 $280,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202011950

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-4-009-002-0027