NOT LISTED FOR SALE

Estimated Value: $2,550,000 - $2,854,433

-- Bed
-- Bath
-- Sq Ft
6,000 Sq Ft Lot

Sale Details

Date Sold: January 15, 2016

Last sale price $1,845,000

Est. 47% increase in value since last sale

Current estimated payment $15,358 / mo

197 Days on Market

Highlights

  • High Speed Internet
  • Level Lot
  • 3-minute walk to McCully District Park

About This Home

As of January 2016

Let the tenants pay for the building while the owner makes a good annual return on the down payment! A true 5+ cap in a fantastic, high-demand, central location. Unemployment is only 3.5%, our housing shortage is growing, and rents are going up!

Last Agent to Sell the Property

Ted Miller

Drop - 2017 License #RB-18469 Listed on: 06/02/2015

Last Buyer's Agent

Cynthia Rubinstein

Cynthia Rubinstein R.E., Inc. License #RB-15800

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1948

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Parking

  • 1 Parking Space
  • Open Parking

Utilities

  • Above Ground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-002-056-0000

Community Details

Overview

  • 10 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $34,000
  • Net Operating Income $106,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,660

Year Built

Built in 1948

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1948
  • CommunityFeatures: None
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Wood Frame
  • Lot Features: Cleared, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 1.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-002-056-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 10
  • Net Operating Income: 106770.0
  • Annual Operating Expense: 34000.0
  • Total Actual Rent: 11650.0

Tax Info

  • Tax Annual Amount: 3660.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2018
Sold by
Bought by
Current Estimated Value
$2,713,144

Purchase Details

Closed on
Mar 3, 2018
Sold by
Bought by

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jan 12, 2016
Sold by
Bought by
Seller's Agent
Ted Miller
Drop - 2017
Buyer's Agent
Cynthia Rubinstein
Cynthia Rubinstein R.E., Inc.
List Price
$1,995,000
Sold Price
$1,845,000
Premium/Discount to List
-$150,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$420,000
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,500
Interest Rate
0.0463%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bought by

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
0.0572%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0651%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$1,845,000 Fidelity Natl Title & Escrow
$1,372,500 Or
$1,285,166 --
$1,300,000 Fidelity National
$500,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Previous Owner $872,500
Previous Owner $910,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $1,845,000 -7.5% --
12/16/2015 12/16/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $1,995,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,890 $1,917,100 $1,541,000 $376,100
2025 $6,890 $1,968,500 $1,608,000 $360,500
2024 $6,891 $1,968,800 $1,608,000 $360,800
2023 $6,702 $1,914,900 $1,560,000 $354,900
2022 $6,011 $1,717,400 $1,380,000 $337,400
2021 $6,070 $1,734,400 $1,380,000 $354,400
2020 $6,176 $1,764,700 $1,380,000 $384,700
2019 $5,795 $1,655,600 $1,265,000 $390,600
2018 $5,268 $1,505,200 $1,121,300 $383,900
2017 $5,378 $1,536,600 $1,063,800 $472,800
2016 $4,997 $1,427,800 $960,000 $467,800
2015 $4,356 $1,244,500 $930,000 $314,500
2014 -- $1,213,800 $900,000 $313,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201509361

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-002-056-0000

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