NOT LISTED FOR SALE

1615 Merkle St Honolulu, HI 96819

Kalihi Valley Neighborhood

Estimated Value: $780,000 - $1,414,000

9 Beds
4 Baths
2,776 Sq Ft
$397/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $1,145,000 $412 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,358/month

17 Days on Market

Highlights

  • Home fronts a canal
  • Wood Flooring
  • Garden View
  • Kalihi Uka Elementary School Rated 9+
  • Main Floor Bedroom
  • Entrance Foyer

About This Home

As of January 2019

This is the one you've been waiting for! Newly Renovated & Excellent Investment Opportunity on Dead End street and bordering Kalihi Stream. Subdivide/CPR potential, buyer to do own due diligence (R3.5 zoning on 7,612 sqft. lot). 2 separate duplex that are separately metered and turn key, ready to cashflow! Rent all 4 units or live in one and rent the others! Front House is 2 story concrete constructed home w/ 3 beds/1 bath upstairs & 3 beds/1 bath downstairs w/ separate entrances Back house is 2 story home w/ 2 beds/1 bath upstairs & 1 bed/1 bath downstairs w/ wet bar. Refinished Real Hardwood Floors, New Interior Paint, New Granite Countertops, Fixtures, Appliances, 5 off-street parking stalls w/ add'l street parking. Laundry on site, Mature fruit trees w/ spacious yard. Must See!

Last Agent to Sell the Property

Wendell Kam

Coldwell Banker Realty License #RS-78510 Listed on: 12/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Virginia Merkel

Drop - 2023 License #RS-77061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1957

Lot Details

  • 7,612 Sq Ft Lot
  • Home fronts a canal
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Level Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Garden Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Community Details

  • Kalihi Uka Subdivision
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 1-1-4-004-102-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,842

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multiplex, Duplex
  • Inclusions: Disposal,Drapes,Dryer,Other,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Year Built: 1957
  • CommunityFeatures: Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Canal, Other
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: KALIHI UKA
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 2776.0
  • New Construction: No
  • Roof: Composition, Other
  • RoomType: Entry/Foyer
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Dead End, Irregular Lot, Other, Level
  • Pool Features: None
  • Property Condition: Excellent, Good Condition
  • Topography: Level
  • View: Garden, Mountain(s), Other
  • View: Yes
  • Disclosures: Familial Relation, Seller Disclosure
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 5.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel Number: 1-1-4-004-102-0000
  • Zoning Description: 07 - R-3.5 Residential District

Tax Info

  • Tax Annual Amount: 2842.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jan 18, 2019
Sold by
Peef World Hawaii Llc
Bought by
Peterson Chris Allan
Seller's Agent
Wendell Kam
Coldwell Banker Realty
Buyer's Agent
Virginia Merkel
Drop - 2023
List Price
$1,149,000
Sold Price
$1,145,000
Premium/Discount to List
-$4,000
-0.35%
Current Estimated Value
$1,103,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,719
Avg. Annual Appreciation
-0.56%
Original Mortgage
$735,000
Outstanding Balance
$648,782
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$454,499

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 10, 2018
Sold by
Cachero Willard Edith Q and Cachero Paul Q
Bought by
Reef World Hawaii Llc
Seller's Agent
Agustina Salon
Pacific Century Realty
Buyer's Agent
Wendell Kam
Coldwell Banker Realty
List Price
$988,000
Sold Price
$950,000
Premium/Discount to List
-$38,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
Original Mortgage
$661,500
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Peterson Chris Allan $1,145,000 Fam
Reef World Hawaii Llc $950,000 Or
Reef World Hawaii Llc $950,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Chris Allan $735,000
Closed Peterson Chris Allan $735,000
Previous Owner Reef World Hawaii Llc $661,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $1,145,000 -0.3% $412 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/12/2018 12/12/18 For Sale $1,149,000 +20.9% $414 / Sq Ft
01/17/2018 01/17/18 Sold $950,000 -3.8% $342 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $988,000 -- $356 / 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 $4,713 $1,002,200 $858,600 $143,600
2024 $4,713 $1,062,500 $880,600 $181,900
2023 $5,676 $1,147,000 $880,600 $266,400
2022 $4,658 $1,015,000 $704,500 $310,500
2021 $3,070 $877,000 $638,400 $238,600
2020 $3,173 $906,500 $660,500 $246,000
2019 $2,842 $878,000 $660,500 $217,500
2018 $2,842 $812,000 $594,400 $217,600
2017 $2,676 $764,700 $562,600 $202,100
2016 $2,857 $816,200 $505,200 $311,000
2015 $2,487 $710,600 $505,200 $205,400
2014 -- $674,600 $431,500 $243,100
Source: Public Records

Agents Affiliated with this Home

  • Wendell Kam

    Seller's Agent in 2019

    Wendell Kam

    Coldwell Banker Realty

    (808) 389-1286

    2 in this area

    42 Total Sales

    Wendell Kam
    Section Image

  • V

    Buyer's Agent in 2019

    Virginia Merkel

    Drop - 2023

    Section Image

  • A

    Seller's Agent in 2018

    Agustina Salon

    Pacific Century Realty

    (808) 627-5025

    1 Total Sale

    Agustina Salon
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201831086

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-4-004-102-0000

Hawaii Honolulu County Honolulu 96819 Kalihi Valley

1615 Merkle St, Honolulu, HI

This home is located at 1615 Merkle St, Honolulu, HI 96819 since 12 December 2018 and is currently estimated at $1,103,281, approximately $397 per square foot. This property was built in 1957. 1615 Merkle St is a home located in Honolulu County with nearby schools including Kalihi Uka Elementary School, Governor Sanford B Dole Middle School, and Gov. Wallace Rider Farrington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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