NOT LISTED FOR SALE

2245 Palolo Ave Honolulu, HI 96816

Palolo Neighborhood

Estimated Value: $1,135,000 - $1,388,365

0.11 Acre
$11,290,991 Price per Acre
4,875 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $600,000

Est. 111% increase in value since last sale

Current estimated payment $7,013/month

75 Days on Market

About This Lot

As of May 2019

Don’t miss this rare opportunity to build your one of a kind dream home in town on this affordably priced lot! Large mostly level property with gentle slope enhances your Diamond Head, ocean, valley, and mountain views! Corner location provides great value, allowing for 2 street entrances which opens up the opportunity for multiple garages and driveways. Enjoy stress free commutes! Freeway onramps in both directions located nearby along with shopping and dining options along the trendy Waialae strip. Relax and unwind at up and coming hotspots which includes Brewd Gastropub, 8 ½ gourmet ice cream and desserts, and craft coffeehouse The Curb. Times Supermarket and Longs Drugs less than 10 minutes away. Don’t miss this opportunity to own one of the last remaining vacant lots in town!

Last Agent to Sell the Property

Dan Ihara

Keller Williams Honolulu License #RS-65892 Listed on: 01/18/2019

Keller Williams Honolulu

Last Buyer's Agent

Scott Bell

Locations LLC License #RS-62813

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,716

Lot Details

  • 4,875 Sq Ft Lot
  • Zoning described as 05 - R-5 Residential District

Property Views

  • Ocean Views

Community Details

  • Palolo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-3-4-023-056-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,716

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Current Use: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: PALOLO
  • Tax Year: 2018
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Topography: Level,Sloping
  • View: Mountain(s), Ocean
  • View: Yes
  • Disclosures: 1031 Exchange

Utilities

  • Utilities: Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Parcel Number: 1-3-4-023-056-0000
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 1716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 29, 2019
Sold by
Murakami Leslie M
Bought by
Phomsouvanh Khamsing Anna
Seller's Agent
Dan Ihara
Keller Williams Honolulu
Buyer's Agent
Scott Bell
Locations LLC
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Current Estimated Value
$1,264,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,591
Avg. Annual Appreciation
11.21%
Original Mortgage
$200,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1992
Sold by
Murakami Violet Tokiko
Bought by
Murakami Violet Tokiko
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
Phomsouvanh Khamsing Anna $600,000 Fam
Murakami Violet Tokiko -- None Available
Murakami Violet Tokiko -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khamsing Anna Phomsouvanh $650,000
Closed Khamsing Anna Phomsouvanh $635,000
Closed Phomsouvanh Khamsing Anna $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $600,000 -14.2% --
04/03/2019 04/03/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $699,000 -- --
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 $3,614 $1,210,800 $745,300 $465,500
2024 $3,614 $1,152,700 $745,300 $407,400
2023 $3,368 $1,162,400 $745,300 $417,100
2022 $3,757 $1,173,400 $695,600 $477,800
2021 $1,847 $527,700 $527,700 $0
2020 $1,847 $527,700 $527,700 $0
2019 $1,711 $527,700 $527,700 $0
2018 $1,711 $488,800 $488,800 $0
2017 $1,680 $479,900 $479,900 $0
2016 $1,618 $462,200 $462,200 $0
2015 $1,509 $431,000 $431,000 $0
2014 -- $417,700 $417,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Ihara

    Seller's Agent in 2019

    Dan Ihara

    Keller Williams Honolulu

    (808) 291-9733

    8 in this area

    452 Total Sales

    Dan Ihara
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Bell

    Locations LLC

    (808) 735-4200

    54 Total Sales

    Scott Bell
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201901168

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-4-023-056-0000

Hawaii Honolulu County Honolulu 96816 Palolo

2245 Palolo Ave, Honolulu, HI

This home is located at 2245 Palolo Ave, Honolulu, HI 96816 since 18 January 2019 and is currently estimated at $1,264,591. 2245 Palolo Ave is a home with nearby schools including Palolo Elementary School, William P Jarrett Middle School, and Kaimuki High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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