NOT LISTED FOR SALE

2242 Fern St Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated Value: $1,328,194 - $2,145,000

3 Beds
2 Baths
2,092 Sq Ft
$882/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $1,350,000 $645 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,495/month

124 Days on Market

Highlights

  • City View
  • Level Lot
  • Community Storage Space
  • Coin Laundry

About This Home

As of November 2017

2 TMK's for sale, 1-2-7-006-002 and 028. See MLS #201712333 as well. Route your request through your agent, any inquiries direct means you waive representation. Strong buyers must show cash available and prequalification letter from bonafide lender to schedule showings. Strong combined income gross of $145,800.

Last Agent to Sell the Property

Albert Joy

Ascend Properties LLC License #RB-15727 Listed on: 06/02/2017

Co-Listed By

Marion Kealoha

Drop - 2020 License #RB-07717

Last Buyer's Agent

Stephanie Chan

Locations LLC License #RB-19292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1933

Lot Details

  • 6,521 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property
  • City Views

Parking

  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Ala Wai Elementary School
  • Washington Middle School
  • Kaimuki High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-7-006-002-0000

Community Details

Overview

  • 5 Units
  • Moiliili Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $31,997
  • Net Operating Income $64,603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,966

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Co List Office Mls Id: EJOY
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1933
  • CommunityFeatures: None, Other, Storage Facilities
  • Road Frontage Type: Other
  • LaundryFeatures: Coin-operated, None, Other
  • Co List Office Phone: (808) 447-7833
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Ala Wai
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-7-006-002-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 64603.45
  • Annual Operating Expense: 31996.55
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 8050.0

Tax Info

  • Tax Annual Amount: 3966.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Oct 23, 2017
Sold by
Pebbles Holdings Llc
Bought by
Tc Fern Holdings Llc
Seller's Agent
Albert Joy
Ascend Properties LLC
Buyer's Agent
Stephanie Chan
Locations LLC
List Price
$1,540,000
Sold Price
$1,350,000
Premium/Discount to List
-$190,000
-12.34%
Current Estimated Value
$1,845,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,065
Avg. Annual Appreciation
4.08%
Original Mortgage
$700,000
Outstanding Balance
$587,654
Interest Rate
3.83%
Mortgage Type
Commercial
Estimated Equity
$1,257,411

Purchase Details

Closed on
Feb 10, 2012
Sold by
Thompson Peter and Rinesmith Steven L
Bought by
Pebbles Holdings Llc
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
Tc Fern Holdings Llc $1,350,000 Premier Title
Tc Fern Holdings Llc $1,350,000 Premier Title
Pebbles Holdings Llc $368,960 None Available
Pebbles Holdings Llc $553,440 None Available
Pebbles Holdings Llc -- None Available
Pebbles Holdings Llc $368,960 None Available
Pebbles Holdings Llc $553,440 None Available
Pebbles Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tc Fern Holdings Llc $700,000
Closed Tc Fern Holdings Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $1,350,000 -12.3% $645 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,540,000 -- $736 / 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 $6,222 $1,777,700 $1,660,300 $117,400
2024 $6,222 $1,777,700 $1,660,300 $117,400
2023 $5,272 $1,722,600 $1,610,700 $111,900
2022 $5,272 $1,506,400 $1,400,100 $106,300
2021 $5,281 $1,508,800 $1,400,100 $108,700
2020 $5,299 $1,514,000 $1,400,100 $113,900
2019 $4,888 $1,396,500 $1,283,400 $113,100
2018 $4,360 $1,245,800 $1,137,600 $108,200
2017 $4,277 $1,222,100 $1,079,200 $142,900
2016 $3,966 $1,133,100 $991,200 $141,900
2015 $3,450 $985,600 $865,200 $120,400
2014 -- $954,200 $837,300 $116,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Albert Joy

    Ascend Properties LLC

    (808) 556-5645

    11 Total Sales

    Albert Joy
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Marion Kealoha

    Drop - 2020

  • Stephanie Chan

    Buyer's Agent in 2017

    Stephanie Chan

    Locations LLC

    (808) 735-4200

    8 in this area

    190 Total Sales

    Stephanie Chan
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201712323

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-006-002-0000

Hawaii Honolulu County Honolulu 96826 McCully-Mō'ili'ili

2242 Fern St, Honolulu, HI

This home is located at 2242 Fern St, Honolulu, HI 96826 since 02 June 2017 and is currently estimated at $1,845,065, approximately $881 per square foot. This property was built in 1933. 2242 Fern St is a home located in Honolulu County with nearby schools including Ala Wai Elementary School, President George Washington Middle School, and Kaimuki High School.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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