NOT LISTED FOR SALE

Estimated Value: $3,022,359 - $3,658,000

14 Beds
6 Baths
3,599 Sq Ft
$926/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2024

Last sale price $3,349,000 $931 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $19,299 / mo

156 Days on Market

Highlights

  • 12,000 Sq Ft lot
  • High Speed Internet
  • 3-minute walk to Honolulu Stadium State Park
  • Interior Lot
  • 1-Story Property

About This Home

As of December 2024

ATTENTION DEVELOPERS!!! Prime 12,000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as is—-it’s all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the city’s newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**

Last Agent to Sell the Property

Christina Dwight

Commercial Inv. Strategies Brokerage Phone: (808) 429-1098 License #RB-20978 Listed on: 07/03/2024

Last Buyer's Agent

Liz Char

Hawaii 5-0 Properties, Inc. License #RS-72390

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,330

Year Built

  • Built in 1955

Lot Details

  • 12,000 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Cleared Lot
  • Property is in average condition

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,599 Sq Ft Home
  • 1-Story Property
  • Partially Furnished

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-7-007-050-0000

Community Details

Overview

  • 5 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $15,098
  • Net Operating Income $56,302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,330

Year Built

Built in 1955

Lot Details

0.28 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1955
  • Attribution Contact: (808) 429-1098
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: One
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Parcel Number: 1-2-7-007-050-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 56302.0
  • Annual Operating Expense: 15098.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 5950.0

Tax Info

  • Tax Annual Amount: 9330.36

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

Listed on
Jul 3, 2024
Closed on
Dec 4, 2024
Sold by
Bought by
Seller's Agent
Christina Dwight
Commercial Inv. Strategies
Buyer's Agent
Liz Char
Hawaii 5-0 Properties, Inc.
List Price
$3,349,000
Sold Price
$3,349,000
Views
14
Current Estimated Value
$3,331,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,160
Avg. Annual Appreciation
-0.31%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 1996
Sold by
Bought by
Source: Public Records
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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
-- Fam
$3,110,000 Fam
-- --
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
12/06/2024 12/06/24 Sold $3,349,000 0.0% $931 / Sq Ft
07/03/2024 07/03/24 For Sale $3,349,000 -- $931 / Sq Ft
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 $12,042 $2,972,600 $2,747,000 $225,600
2025 $12,042 $3,440,500 $3,216,000 $224,500
2024 $12,042 $3,440,500 $3,216,000 $224,500
2023 $11,684 $3,338,400 $3,120,000 $218,400
2022 $9,330 $2,665,800 $2,460,000 $205,800
2021 $9,361 $2,674,600 $2,460,000 $214,600
2020 $9,373 $2,678,000 $2,460,000 $218,000
2019 $7,745 $2,474,100 $2,255,000 $219,100
2018 $7,745 $2,212,900 $1,998,800 $214,100
2017 $7,519 $2,148,400 $1,896,300 $252,100
2016 $7,603 $2,172,400 $1,920,000 $252,400
2015 $7,364 $2,104,000 $1,860,000 $244,000
2014 $7,445 $2,042,000 $1,800,000 $242,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202415379

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-007-050-0000

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