NOT LISTED FOR SALE

Estimated Value: $4,068,000 - $6,064,453

-- Bed
-- Bath
8,416 Sq Ft
$602/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2014

Last sale price $3,680,000 $437 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $28,095 / mo

74 Days on Market

Highlights

  • 15,017 Sq Ft lot
  • High Speed Internet
  • 3-minute walk to Date Street Mini Park
  • Resident Manager or Management On Site
  • Level Lot

About This Home

As of October 2014

Easy to rent location 3-building Multifamily Investment Property. With separate WATER and electric meters for all 18 units. There are 12-2 bedroom and 6-1 bedroom units. One of the three buildings are completely hollow tile and the other two are hollow tile base with wood second floors. Driveway entrance from Date st. and exit on Coolidge St.

Last Agent to Sell the Property

Jerry Chan

Oahu International Realty License #RS-72388 Listed on: 07/19/2014

Last Buyer's Agent

Vincent Lao

Five Star Realty, Inc. License #RB-18181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 1940

Lot Details

  • 15,017 Sq Ft Lot
  • Level Lot
  • Irregular Lot
  • Property is in good condition

Home Design

  • Wood Frame Construction

Interior Spaces

  • 8,416 Sq Ft Home
  • 2-Story Property

Parking

  • 17 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Above Ground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 1-2-7-011-017-0000

Community Details

Overview

  • 18 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $49,920
  • Net Operating Income $165,263

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,036

Year Built

Built in 1940

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1940
  • Road Frontage Type: Other
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Irregular Lot, Other, Level
  • Property Condition: Average Condition, Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Familial Relation, Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 17.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, 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: 1-2-7-011-017-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 18
  • Net Operating Income: 165263.0
  • Annual Operating Expense: 49920.0
  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: 18900.0

Tax Info

  • Tax Annual Amount: 9036.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2014
Closed on
Sep 9, 2014
Sold by
Date Street D C Inc
Bought by
Jt Land Llc
Seller's Agent
Jerry Chan
Oahu International Realty
Buyer's Agent
Vincent Lao
Five Star Realty, Inc.
List Price
$3,680,000
Sold Price
$3,680,000
Current Estimated Value
$5,066,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,386,227
Avg. Annual Appreciation
2.84%
Original Mortgage
$2,340,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 1997
Sold by
Tse Dewey Tak and Tse Christina Siu
Bought by
Date Street D C Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jt Land Llc $3,680,000 Or
Jt Land Llc $3,680,000 Or
Date Street D C Inc $1,738,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jt Land Llc $2,340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $3,680,000 0.0% $437 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
07/19/2014 07/19/14 For Sale $3,680,000 -- $437 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $12,605 $3,616,400 $3,065,600 $550,800
2024 $12,605 $3,601,300 $3,065,600 $535,700
2023 $11,940 $3,411,400 $2,877,900 $533,500
2022 $11,412 $3,260,600 $2,752,800 $507,800
2021 $11,081 $3,165,900 $2,627,700 $538,200
2020 $12,572 $3,591,900 $3,003,100 $588,800
2019 $11,685 $3,338,600 $2,752,800 $585,800
2018 $9,551 $2,728,900 $2,147,000 $581,900
2017 $9,117 $2,604,800 $1,901,600 $703,200
2016 $10,883 $3,109,400 $2,402,700 $706,700
Source: Public Records

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201414325

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-011-017-0000

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