$850,000
SOLD NOV 10, 2016
-- Bed
-- Bath
1,780 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$478 Per Sq Ft

12% Below List Price

194 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 5-minute walk to Kalakaua District Park

About This Home

As of January 2020

Legal non-conforming 3 multiple dwellings. (Unit # A,B,C). Approximate size of each unit is 580 sq ft. Owner recently remodeled unit A. Each tenant pays $1,500 per month. All tenants are on month to month lease. Unit C was renovated in 1995 with new plumbing, electrical, and roofing. Convenient location with good return. Live one and rent the other 2 houses.

Last Agent to Sell the Property

Billy Chou

Koam Realty License #RS-59991 Listed on: 03/31/2016

Last Buyer's Agent

Art Balmaceda

AF Properties License #RB-16886

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1922

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property

Utilities

  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 1-1-2-002-142-0000

Community Details

Overview

  • 3 Units
  • Kapalama Subdivision

Building Details

  • Operating Expense $4,260
  • Net Operating Income $49,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,104

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1922
  • CommunityFeatures: None
  • MLS Status: Closed
  • Subdivision Name: KAPALAMA
  • Unit Levels: One
  • Roof: Asphalt, Shingle
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Stories: 1

Exterior Features

  • Lot Features: Cleared, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public, Private

Lot Info

  • Parcel Number: 1-1-2-002-142-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 49740.0
  • Annual Operating Expense: 4260.0
  • Total Actual Rent: 54000.0

Tax Info

  • Tax Annual Amount: 3104.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jan 27, 2020
Sold by
Hernandez Anthony C and Hernandez Verena B
Bought by
He Mei Hua and Zhang Yinhui
Seller's Agent
Pamela Maeda
Marcus Realty
Buyer's Agent
CK Liu
HomeSmart Island Homes
List Price
$930,000
Sold Price
$905,000
Premium/Discount to List
-$25,000
-2.69%
Current Estimated Value
$1,031,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,171
Avg. Annual Appreciation
2.58%
Original Mortgage
$625,100
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2016
Closed on
Nov 7, 2016
Sold by
To Diane Man Ying
Bought by
Hernandez Anthony C and Hernandez Verena B
Seller's Agent
Billy Chou
Koam Realty
Buyer's Agent
Art Balmaceda
AF Properties
List Price
$968,888
Sold Price
$850,000
Premium/Discount to List
-$118,888
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%

Purchase Details

Listed on
Aug 22, 2014
Closed on
Sep 29, 2014
Sold by
Quirit Francisco M and Quirit Barbara E
Bought by
Ito Diane Man Ying
Seller's Agent
Diane Martin
Keller Williams Honolulu
Buyer's Agent
Jean Ho
Drop - 2023
List Price
$700,000
Sold Price
$620,000
Premium/Discount to List
-$80,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%

Purchase Details

Closed on
Mar 11, 2009
Sold by
Teshima Dennis Isao
Bought by
Teshima Dennis I and Dennis I Teshima Trust

Purchase Details

Closed on
May 16, 2006
Sold by
Anzai Diane Yukiko
Bought by
Anzai Bert H and Anzai Diane Y

Purchase Details

Closed on
Sep 9, 1999
Sold by
Quirit Barbara Emiko
Bought by
Quirit Francisco M and Quirit Barbara E

Purchase Details

Closed on
Sep 15, 1998
Sold by
Quirit Barbara Emiko and Quirit Barbara E
Bought by
Quirit Barbara Emiko and Quirit Barbara E

Purchase Details

Closed on
Mar 13, 1996
Sold by
Oda Tokuso and Oda Sadako
Bought by
Oda Tokuso and Oda Sadako
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $905,000 Tg
Warranty Deed $905,000 Tg
Deed $850,000 Tg
Deed $850,000 Tg
Warranty Deed $620,000 Premier Title
Warranty Deed $620,000 Premier Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,000 New Conventional
Closed $625,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $905,000 -2.7% $520 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $930,000 +9.4% $534 / Sq Ft
11/10/2016 11/10/16 Sold $850,000 -12.3% $478 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $968,888 +56.3% $544 / Sq Ft
10/03/2014 10/03/14 Sold $620,000 -11.4% $356 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $700,000 -- $402 / 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 $2,878 $931,900 $885,600 $46,300
2024 $2,878 $942,200 $864,000 $78,200
2023 $3,289 $939,600 $864,000 $75,600
2022 $2,843 $812,200 $712,800 $99,400
2021 $2,745 $784,300 $691,200 $93,100
2020 $2,876 $821,600 $712,800 $108,800
2019 $2,523 $774,400 $756,000 $18,400
2018 $2,523 $720,800 $680,400 $40,400
2017 $2,747 $784,800 $609,000 $175,800
2016 $2,717 $776,300 $609,000 $167,300
2015 $1,994 $594,800 $520,000 $74,800
2014 -- $694,000 $450,000 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201606326

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-2-002-142-0000