NOT LISTED FOR SALE

2251 Palolo Ave Honolulu, HI 96816

Palolo Neighborhood

Estimated Value: $868,000 - $1,590,000

2 Beds
1 Bath
720 Sq Ft
$1,815/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $485,000 $674 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,467/month

139 Days on Market

About This Home

As of April 2012

Knock-knock? Who's there? Opportunity? Yes, opportunity to knock-down and potentially build-up a fabulous home w/ DIAMOND HEAD views! Convenient location and on the bus-line too. This property is located on the interior, the non-mountain side of Palolo Valley. **Please note that vacant lot on right of subject property is privately owned.**

Last Agent to Sell the Property

Priscilla Walthouse

Coldwell Banker Realty License #RB-21578 Listed on: 10/19/2011

Coldwell Banker Realty

Last Buyer's Agent

Charles Cheng

DROP - 2014 License #RB-17899

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1947

Lot Details

  • 4,848 Sq Ft Lot
  • Zoning described as 05 - R-5 Residential District

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Palolo Elementary School
  • Jarrett Middle School
  • Kaimuki High School

Community Details

  • Palolo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-3-4-023-057-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,836

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: Refrigerator
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1947
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: PALOLO
  • Unit Levels: One
  • Living Area: 720.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Flooring: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Repairs Major, Tear Down / Value in Land
  • Topography: Level,Sloping
  • View: Mountain(s), Other
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palolo
  • High School: Kaimuki
  • Middle Or Junior School: Jarrett

Lot Info

  • Parcel Number: 1-3-4-023-057-0000
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 1836.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2011
Closed on
Mar 6, 2012
Sold by
Hikichi Bert S
Bought by
Jiang Baozhu
Seller's Agent
Priscilla Walthouse
Coldwell Banker Realty
Buyer's Agent
Charles Cheng
DROP - 2014
List Price
$515,000
Sold Price
$485,000
Premium/Discount to List
-$30,000
-5.83%
Current Estimated Value
$1,307,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,102
Avg. Annual Appreciation
7.51%
Original Mortgage
$363,700
Outstanding Balance
$252,108
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,027,167

Purchase Details

Closed on
Jul 2, 2011
Sold by
Hikichi Bert S and Chong Pamela Y
Bought by
Hikichi Bert S and Bert S Hikichi Trust

Purchase Details

Closed on
Mar 15, 2003
Sold by
Hikichi Herbert Minoru and Hikichi Herbert M
Bought by
Hikichi Herbert M and Herbert M Hikichi Revocable Living Trust
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
Jiang Baozhu $485,000 Or
Jiang Baozhu $485,000 Or
Hikichi Bert S -- None Available
Hikichi Herbert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Baozhu $200,000
Open Jiang Baozhu $363,700
Closed Jiang Baozhu $363,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $485,000 -5.8% $674 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
10/19/2011 10/19/11 For Sale $515,000 -- $715 / 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 $4,137 $1,340,000 $744,400 $595,600
2024 $4,137 $1,302,000 $744,400 $557,600
2023 $3,899 $1,314,100 $744,400 $569,700
2022 $4,137 $1,282,000 $694,800 $587,200
2021 $3,498 $1,099,500 $585,600 $513,900
2020 $3,745 $1,170,000 $585,600 $584,400
2019 $3,905 $1,195,600 $585,600 $610,000
2018 $3,729 $1,145,500 $541,800 $603,700
2017 $3,799 $1,165,500 $531,900 $633,600
2016 $3,814 $1,169,800 $512,200 $657,600
2015 $3,579 $1,102,500 $477,700 $624,800
2014 $1,838 $542,500 $463,000 $79,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Priscilla Walthouse

    Coldwell Banker Realty

    (808) 735-4200

    59 Total Sales

    Priscilla Walthouse
    Section Image

  • C

    Buyer's Agent in 2012

    Charles Cheng

    DROP - 2014

    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1112753

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-4-023-057-0000

Hawaii Honolulu County Honolulu 96816 Palolo

2251 Palolo Ave, Honolulu, HI

This home is located at 2251 Palolo Ave, Honolulu, HI 96816 since 19 October 2011 and is currently estimated at $1,307,102, approximately $1,815 per square foot. This property was built in 1947. 2251 Palolo Ave is a home located in Honolulu County 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.

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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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