$1,700,000
SOLD JUL 31, 2013

1640 Lusitana St Honolulu, HI 96813

Nuuanu-Punchbowl Neighborhood
-- Bed
-- Bath
3,634 Sq Ft
0.28 Acres

Recently Sold

$468 Per Sq Ft

6% Below List Price

252 Days on Market

Highlights

  • Views
  • Coin Laundry
  • 5-minute walk to Kamamalu Neighborhood Park
  • President Theodore Roosevelt High School Rated A

About This Home

As of November 2013

10-one-bdrm units, 10-pkgs, solid Masonry Bldg, closes to downtown & Bus line. Individual meters/water heaters, Huge lot includes extra ample back yard for other possibilities(storage, etc.). New exterior paint, re-roofed in 2007, owner-managed. Property has great potential. Current rent is under market. Most units are Mon-to-Mon. Average to above average condition.

Last Agent to Sell the Property

Helen Lai

Terraco Realty LLC License #RS-71444 Listed on: 10/22/2012

Last Buyer's Agent

Wilfred Lau

Seaside Properties, LLC License #RB-10163

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Property Views

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1-2-2-002-051-0000

Community Details

Overview

  • 10 Units
  • Punchbowl Area Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1958
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Closed
  • Subdivision Name: PUNCHBOWL AREA
  • Unit Levels: Two
  • Roof: Composition, Other
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Masonry, Concrete, Stucco
  • Lot Features: Cleared, Irregular Lot, Other, Level
  • Property Condition: Average Condition, Good Condition
  • Topography: Level,Other,Terraced
  • View: Mountain(s)
  • View: Yes
  • Disclosures: None
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 10.0
  • Open Parking: Yes

Utilities

  • Utilities: Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-2-002-051-0000
  • Zoning Description: 07 - R-3.5 Residential District

Multi Family

  • Number Of Units Total: 10
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 78600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 25, 2013
Sold by
Metropolitan Maintenance Inc
Bought by
Wong Yin Ming Cheung and Wong Christine A
Seller's Agent
Wilfred Lau
Seaside Properties, LLC
Buyer's Agent
James Farmer
Coldwell Banker Realty
List Price
$1,888,000
Sold Price
$1,750,000
Premium/Discount to List
-$138,000
-7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Listed on
Oct 22, 2012
Closed on
Jul 26, 2013
Sold by
Rach Llc
Bought by
Metropolitan Maintenance Inc
Seller's Agent
Helen Lai
Terraco Realty LLC
Buyer's Agent
Wilfred Lau
Seaside Properties, LLC
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Rsa Properties Llc
Bought by
Rach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Au Ethel Oi Yung and Pang Timothy Maun Tim
Bought by
Rsa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 1991
Sold by
Pang Timothy Maun Tim and Pang Gracie Mae Oi Ngan Chang
Bought by
Pang Timothy Maun Tim and Pang Gracie Mae Oi Ngan Chang
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,750,000 Fidelity National Title & Es
Warranty Deed $1,750,000 Fidelity National Title & Es
Warranty Deed $1,700,000 Fidelity National Title & Es
Warranty Deed $1,700,000 Fidelity National Title & Es
Warranty Deed $1,695,000 Fam
Deed $1,200,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $750,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $2,888,000 +65.0% $795 / Sq Ft
11/27/2013 11/27/13 Sold $1,750,000 -7.3% $482 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $1,888,000 +11.1% $520 / Sq Ft
07/31/2013 07/31/13 Sold $1,700,000 -5.5% $468 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $1,799,000 -- $495 / 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 $7,508 $2,151,800 $1,921,100 $230,700
2024 $7,508 $2,145,000 $1,921,100 $223,900
2023 $7,507 $2,144,800 $1,921,100 $223,700
2022 $6,971 $1,991,600 $1,778,800 $212,800
2021 $6,372 $1,820,700 $1,601,000 $219,700
2020 $6,757 $1,930,700 $1,689,900 $240,800
2019 $6,310 $1,802,800 $1,556,500 $246,300
2018 $6,501 $1,857,300 $1,618,600 $238,700
2017 $6,269 $1,791,200 $1,524,600 $266,600
2016 $6,360 $1,817,000 $1,547,900 $269,100
2015 $7,130 $2,037,200 $1,719,900 $317,300
2014 -- $1,930,200 $1,658,500 $271,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christina Dwight

    Commercial Inv. Strategies

    (808) 429-1098

    3 in this area

    64 Total Sales

    Christina Dwight
    Section Image

  • W

    Seller's Agent in 2013

    Wilfred Lau

    Seaside Properties, LLC

    (808) 286-8886

    4 Total Sales

    Wilfred Lau
    Section Image

  • H

    Seller's Agent in 2013

    Helen Lai

    Terraco Realty LLC

    (808) 440-0363

    18 Total Sales

    Helen Lai
    Section Image
  • James Farmer

    Buyer's Agent in 2013

    James Farmer

    Coldwell Banker Realty

    (808) 542-4749

    1 in this area

    38 Total Sales

    James Farmer
    Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1211674

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-2-002-051-0000

Hawaii Honolulu County Honolulu 96813 Nuuanu-Punchbowl

1640 Lusitana St, Honolulu, HI

This home is located at 1640 Lusitana St, Honolulu, HI 96813 and is currently priced at $1,700,000, approximately $467 per square foot. This property was built in 1958. 1640 Lusitana St is a home located in Honolulu County with nearby schools including Royal Elementary School, Princess Ruth Ke'elikolani Middle School, and President Theodore Roosevelt 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.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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