NOT LISTED FOR SALE

2265 Palolo Ave Unit B Honolulu, HI 96816

Palolo Neighborhood

Estimated Value: $861,000 - $1,036,000

3 Beds
2 Baths
1,448 Sq Ft
$661/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $800,000 $552 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,307/month

50 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Lot Sloped Down

About This Home

As of December 2023

Discover this hidden gem in Palolo Valley! This property features a three-bedroom, one-bathroom main house, with the potential for a bonus rental opportunity downstairs. The downstairs area includes a one-bedroom and one-bathroom unit, perfect for generating additional income or accommodating extended family. While the main house may need some tender loving care (TLC), it's a great canvas for those looking to make it their own or for investors seeking to increase the property's value. With the added convenience of four parking stalls, this property offers a rare advantage in Honolulu. And there's more - a spacious yard invites outdoor activities and gardening, making it an ideal space for relaxation and entertainment. Don't miss the chance to turn this diamond in the rough into the home of your dreams or a smart investment opportunity in this desirable Honolulu neighborhood. Please do not go to house directly on Palolo ave, go down long driveway 2265 B is the 3rd house on the left. Mahalo

Last Agent to Sell the Property

Matty Liu

Coldwell Banker Realty License #RS-75441 Listed on: 11/02/2023

Coldwell Banker Realty

Co-Listed By

Christian Nguyen

Coldwell Banker Realty License #RS-84190

Last Buyer's Agent

Sharon Au

Luxury Homes International License #RB-14292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1953

Lot Details

  • 5,008 Sq Ft Lot
  • Lot Sloped Down
  • Property is in average condition

Parking

  • 3 Parking Spaces

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,448 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Window Unit, Cable TV, Smoke Detector, Water Heater
  • PropertyFrontage: Other
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 1448
  • Fill Sq Ft Total: 1448
  • Stories Type: Two
  • Year Built: 1953
  • Attribution Contact: (808) 596-0456
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Laminate

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Easements: Driveway, Electric, Telephone, Water
  • Flood Zone: Zone X
  • Lot Features: Other
  • Pool Features: None
  • Property Condition: Average
  • Topography: Down Slope, Gentle Slope
  • View: Mountain

Garage/Parking

  • Parking Features: 3 Car+
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Telephone, Water

Tax Info

  • Tax Annual Amount: 2141.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 21, 2023
Sold by
Richard K Shimabukuro Trust and Lucy L Shimabukuro Trust
Bought by
Rodriguez Rodney Russell and Rodriguez Joy Mari
Seller's Agent
Matty Liu
Coldwell Banker Realty
Buyer's Agent
Sharon Au
Luxury Homes International
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%
Current Estimated Value
$936,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,421
Avg. Annual Appreciation
10.12%
Original Mortgage
$640,000
Outstanding Balance
$631,509
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$305,581

Purchase Details

Closed on
Sep 8, 2021
Sold by
Shimabukuro Richard K and Shimabukuro Lucy L
Bought by
Richard K Shimabukuro Trust

Purchase Details

Closed on
Feb 13, 2013
Sold by
Shimabukuro Richard K
Bought by
Shimabukuro Richard K and Shimabukuro Lucy L
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
Rodriguez Rodney Russell -- None Listed On Document
Richard K Shimabukuro Trust -- Yano Francis H
Richard K Shimabukuro Trust -- Yano Francis H
Shimabukuro Richard K -- None Available
Shimabukuro Richard K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rodney Russell $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $800,000 -17.9% $552 / Sq Ft
11/02/2023 11/02/23 Price Changed $975,000 +2.6% $673 / Sq Ft
11/02/2023 11/02/23 For Sale $950,000 -- $656 / 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 $2,162 $786,900 $735,300 $51,600
2024 $2,162 $777,700 $735,300 $42,400
2023 $1,792 $894,800 $735,300 $159,500
2022 $1,962 $700,600 $686,300 $14,300
2021 $1,845 $667,200 $578,400 $88,800
2020 $933 $653,300 $578,400 $74,900
2019 $787 $625,200 $578,400 $46,800
2018 $1,524 $653,900 $539,100 $114,800
2017 $1,712 $609,200 $529,600 $79,600
2016 $1,703 $606,600 $510,000 $96,600
2015 $1,479 $542,700 $475,700 $67,000
2014 -- $504,500 $461,000 $43,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matty Liu

    Coldwell Banker Realty

    (808) 738-3904

    2 in this area

    27 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Christian Nguyen

    Coldwell Banker Realty

    (808) 738-3904

    1 in this area

    25 Total Sales

    Section Image
  • Sharon Au

    Buyer's Agent in 2023

    Sharon Au

    Luxury Homes International

    (808) 554-8787

    2 in this area

    28 Total Sales

    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202324382

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-4-005-017-0000

Hawaii Honolulu County Honolulu 96816 Palolo

2265 Palolo Ave Unit B, Honolulu, HI

This home is located at 2265 Palolo Ave Unit B, Honolulu, HI 96816 since 02 November 2023 and is currently estimated at $957,499, approximately $661 per square foot. This property was built in 1953. 2265 Palolo Ave Unit B 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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