NOT LISTED FOR SALE

Estimated Value: $1,296,000 - $2,192,000

3 Beds
3 Baths
2,916 Sq Ft
$631/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $1,150,000 $394 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,644/month

71 Days on Market

Highlights

  • City View
  • Level Lot
  • 1-Story Property

About This Home

As of May 2013

Prime BMX-3 zone property in Moiliili! Front, solid hollow tile apartment building with 4 - 1 bedroom units. Back, duplex house with 3 bedroom, 2 bath (new plumbing & electrical) and studio (studio may be non-comforming)! 7 parking stalls! All rents will increase in May 1st. Proforma gross income can be $82,800! Make offer subject to inspection! Do Not disturb tenants!

Last Listed By

Vincent Lao

Five Star Realty, Inc. License #RB-18181 Listed on: 02/19/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Tar and Gravel Roof
  • Asphalt Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • 1-Story Property
  • City Views

Parking

  • 7 Parking Spaces
  • Covered Parking
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-8-009-070-0000

Community Details

Overview

  • 6 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $17,417
  • Net Operating Income $53,983

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1936
  • CommunityFeatures: None
  • LaundryFeatures: None
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: One, Two
  • Roof: Asphalt, Shingle, Tar/Gravel
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Hollow Tile, Concrete, Single Wall
  • Lot Features: Cleared, Other, Level
  • Property Condition: Average Condition, Good Condition
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: None

Garage/Parking

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

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-8-009-070-0000
  • Zoning Description: 33 - BMX-3 Community Business M

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 53983.0
  • Annual Operating Expense: 17417.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 71400.0

Tax Info

  • Tax Annual Amount: 36696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
May 28, 2013
Sold by
Au Kevin Kwan Yet and Au Lilian Hing Ling
Bought by
Cai She Xiang and Lin Han Qing
Seller's Agent
Vincent Lao
Five Star Realty, Inc.
Buyer's Agent
Christina Dong
Top Property Management LLC
List Price
$1,188,000
Sold Price
$1,150,000
Premium/Discount to List
-$38,000
-3.2%
Total Days on Market
71
Current Estimated Value
$1,838,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,704
Avg. Annual Appreciation
4.00%
Original Mortgage
$650,000
Interest Rate
3.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2012
Sold by
Lau Chun Kwong and Lau Timothy Shao Yu
Bought by
Au Kevin Kwan Yet and Au Lillian Hing Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.49%
Mortgage Type
Stand Alone First

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 Buyer Sale Price Title Company
Cai She Xiang -- Tg
Cai She Xiang -- Tg
Au Kevin Kwan Yet $950,000 Tg
Au Kevin Kwan Yet $950,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai She Xiang $532,463
Closed Cai She Xiang $650,000
Previous Owner Au Kevin Kwan Yet $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $1,150,000 -3.2% $394 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $1,188,000 -- $407 / 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
2024 $5,404 $1,544,000 $1,400,000 $144,000
2023 $5,141 $1,468,800 $1,325,000 $143,800
2022 $5,018 $1,433,600 $1,300,000 $133,600
2021 $4,874 $1,392,500 $1,250,000 $142,500
2020 $4,719 $1,348,200 $1,200,000 $148,200
2019 $4,909 $1,402,600 $1,250,000 $152,600
2018 $4,459 $1,274,100 $1,125,000 $149,100
2017 $4,407 $1,259,100 $1,075,000 $184,100
2016 $4,153 $1,186,500 $1,000,000 $186,500
2015 $3,718 $1,062,300 $875,000 $187,300
2014 -- $1,013,100 $825,000 $188,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1301928

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-8-009-070-0000