NOT LISTED FOR SALE

Estimated Value: $3,587,000

4 Beds
1 Bath
4,740 Sq Ft
$757/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $2,660,000 $561 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $20,343/month

86 Days on Market

Highlights

  • 14,660 Sq Ft lot
  • Level Lot
  • 4-minute walk to Honolulu Stadium State Park
  • Views
  • 1-Story Property

About This Home

As of December 2016

UNBEATABLE MOLIILI LOCATION! Six unit apartment building plus a 3 bdrm / 1 bath plus shower and toilet in laundry room outside, single family home. Long time family ownership. All apartment units are 2 bdrm / 1 bath with assigned laundry sink and washer area. Shared clothes line in the back. All apartments have its own electric, gas and water meters. 1 assigned parking area per apartment and 2 car carport for SFH. All apartment units are currently rented. SFH has always been occupied by family. No rental history. Please do not enter Property without appointment.

Last Agent to Sell the Property

Leslie McCabe

Marcus Realty License #RB-14121 Listed on: 08/11/2016

Co-Listed By

Peter Lee

Marcus Realty License #RB-13464

Last Buyer's Agent

Frances Gendrano

KFG Properties, Inc. License #RB-19601

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 1952

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Tar and Gravel Roof
  • Asphalt Roof

Interior Spaces

  • 4,740 Sq Ft Home
  • 1-Story Property
  • Laundry in unit
  • Property Views

Parking

  • 8 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 1-2-7-006-063-0000

Community Details

Overview

  • 7 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $16,007
  • Net Operating Income $52,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,856

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Co List Office Mls Id: MARC
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1952
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • Co List Office Phone: (808) 839-7446
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: One, Two
  • Roof: Asphalt, Shingle, Tar/Gravel
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Stories: 1

Exterior Features

  • Construction Type: Hollow Tile, Wood Frame
  • Lot Features: Interior Lot, Irregular Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Parcel Number: 1-2-7-006-063-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 52531.0
  • Annual Operating Expense: 16007.0
  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: 5765.0

Tax Info

  • Tax Annual Amount: 8856.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 29, 2016
Sold by
Kamekana Ltd
Bought by
Guidance Citron Llc
Seller's Agent
Leslie McCabe
Marcus Realty
Buyer's Agent
Frances Gendrano
KFG Properties, Inc.
List Price
$2,475,000
Sold Price
$2,660,000
Premium/Discount to List
$185,000
7.47%
Current Estimated Value
$3,587,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,000
Avg. Annual Appreciation
3.56%
Original Mortgage
$1,200,000
Outstanding Balance
$971,530
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$2,643,470

Purchase Details

Closed on
Jun 29, 2009
Sold by
Higa Ronald Scott Yoshiichi
Bought by
Higa Joanna
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 Buyer Sale Price Title Company
Guidance Citron Llc $2,660,000 Tg
Guidance Citron Llc $2,660,000 Tg
Higa Joanna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guidance Citron Llc $1,200,000
Closed Guidance Citron Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $2,660,000 +7.5% $561 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $2,475,000 -- $522 / 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 $14,784 $4,223,400 $3,928,900 $294,500
2024 $14,784 $4,224,000 $3,928,900 $295,100
2023 $11,256 $4,102,600 $3,811,600 $291,000
2022 $11,256 $3,215,900 $2,938,800 $277,100
2021 $11,291 $3,226,000 $2,938,800 $287,200
2020 $11,364 $3,246,800 $2,938,800 $308,000
2019 $10,523 $3,006,500 $2,693,900 $312,600
2018 $9,437 $2,696,200 $2,387,800 $308,400
2017 $8,810 $2,517,000 $2,265,300 $251,700
2016 $9,081 $2,594,600 $2,345,600 $249,000
2015 $8,855 $2,530,100 $2,272,300 $257,800
2014 $9,084 $2,449,300 $2,199,000 $250,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201621372

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-006-063-0000