NOT LISTED FOR SALE

Estimated Value: $2,017,717 - $2,842,000

1 Bed
-- Bath
3,170 Sq Ft
$779/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $1,980,000 $625 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,592/month

56 Days on Market

Highlights

  • Views
  • Level Lot
  • 1-minute walk to McCully District Park
  • Coin Laundry

About This Home

As of November 2016

Built in 1994 and in excellent condition and great location in McCully area. Parking for every unit and 1 guest. EZ maintenance. Rents range from $1150-$1350. Please do not disturb tenants.

Last Agent to Sell the Property

David Akamine

Drop - 2023 License #RS-34560 Listed on: 08/10/2016

Last Buyer's Agent

Carlin Yamashita

Island Life Homes License #RB-21356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1994

Lot Details

  • 5,400 Sq Ft Lot
  • Level Lot

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 3,170 Sq Ft Home
  • 3-Story Property
  • Property Views

Parking

  • 7 Parking Spaces
  • Covered Parking
  • Assigned Parking

Schools

  • Lunalilo Elementary School
  • Washington Middle School
  • Mckinley High School

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1-2-3-029-009-0000

Community Details

Overview

  • 6 Units
  • Mccully Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $41,686
  • Net Operating Income $24,395

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,046

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1994
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: MCCULLY
  • Unit Levels: Three Or More
  • Roof: Other, Tar/Gravel
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Furnished: Partially

Exterior Features

  • Construction Type: Masonry, Concrete, Stucco
  • Lot Features: Other, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: Other
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 7.0

Utilities

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

Schools

  • Elementary School: Lunalilo
  • High School: Mckinley
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-3-029-009-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 24395.0
  • Annual Operating Expense: 41686.0
  • Tenant Pays: Electricity
  • Total Actual Rent: 4900.0

Tax Info

  • Tax Annual Amount: 5046.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 31, 2016
Sold by
Lee Alan M
Bought by
Chun Sharon Y K
Seller's Agent
David Akamine
Drop - 2023
Buyer's Agent
Carlin Yamashita
Island Life Homes
List Price
$1,980,000
Sold Price
$1,980,000
Current Estimated Value
$2,468,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,572
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Lee Sato Nishikawa
Bought by
Lee Alan M

Purchase Details

Closed on
Dec 28, 2010
Sold by
Lee Sato Nishikawa
Bought by
Lee Alan M and Alan M Lee Trust

Purchase Details

Closed on
Dec 7, 2004
Sold by
Ford Cynthia Junko Muramatsu
Bought by
Lee Tani Ketong and Tari Ketong Lee Trust

Purchase Details

Closed on
Nov 21, 1994
Sold by
Muramatsu Jane Mitsue
Bought by
Muramatsu Jane Mitsue and Jane Mitsue Muramatsu Self Trusteed Revo
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
Chun Sharon Y K $1,980,000 Fidelity Natl Title & Escrow
Chun Sharon Y K $1,980,000 Fidelity Natl Title & Escrow
Lee Alan M -- None Available
Lee Alan M -- None Available
Lee Alan M -- None Available
Lee Tani Ketong $1,000,000 Security Title Corporation
Muramatsu Jane Mitsue -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $1,980,000 0.0% $625 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $1,980,000 -- $625 / 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 $6,044 $1,732,300 $1,298,500 $433,800
2024 $6,044 $1,726,900 $1,298,500 $428,400
2023 $6,026 $1,721,700 $1,298,500 $423,200
2022 $5,473 $1,563,700 $1,166,000 $397,700
2021 $5,358 $1,530,900 $1,113,000 $417,900
2020 $5,503 $1,572,400 $1,113,000 $459,400
2019 $5,522 $1,577,800 $1,113,000 $464,800
2018 $5,202 $1,486,200 $1,033,500 $452,700
2017 $5,245 $1,498,500 $980,500 $518,000
2016 $5,046 $1,441,700 $918,000 $523,700
2015 $4,647 $1,327,800 $821,500 $506,300
2014 -- $1,298,900 $810,000 $488,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201620328

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-029-009-0000