NOT LISTED FOR SALE

2402 10th Ave Unit 2 Honolulu, HI 96816

Palolo Neighborhood

Estimated Value: $1,248,434

4 Beds
3 Baths
4,336 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $1,210,000 $279 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,059/month

36 Days on Market

Highlights

  • Mountain View
  • Property is in very good condition
  • Level Lot

About This Home

As of February 2022

Super Unique, Rarely Available Mixed Use Property in Palolo! Legal, non-conforming Convenience Store downstairs with one 2/1 (converted store room) and two units upstairs (converted 5/2 into 3/1 and 2/1). Fully leased with long-term tenants, use this opportunity to live/work or enjoy the existing income. Survey on file—any updates will be at the Buyer’s expense. Setback for road widening per the Prelim. Store has gas and pays own electric; Residential tenants are on one electric meter, and electric is included in the rent. One water meter. No existing coin laundry.

Last Agent to Sell the Property

Christina Dwight

Commercial Inv. Strategies License #RB-20978 Listed on: 12/07/2021

Last Buyer's Agent

Julian Young

Real Estate Strategies, LLC License #RS-73151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,240

Year Built

  • Built in 1949 | Remodeled in 1975

Lot Details

  • 6,656 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Masonry

Interior Spaces

  • 4,336 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Mountain Views

Parking

  • 12 Parking Spaces
  • Open Parking

Utilities

  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,240

Year Built

Built in 1949 | Remodeled in 1975

Lot Details

0

Listing Details

  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 4336
  • Stories Type: Two
  • Year Built: 1949
  • Year Renovated: 1975
  • Special Features: None
  • Stories: 2

Interior Features

  • Amenities: None
  • Furnished: Partial

Exterior Features

  • Construction Type: Concrete, Masonry/Stucco, Other
  • Easements: Sewer
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Above Average
  • Topography: Level
  • View: Mountain

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 12

Utilities

  • Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Connected

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 17239.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 4, 2022
Sold by
Hearn Charles Christopher and Hearn Miyoko
Bought by
B & C Investment Llc
Seller's Agent
Christina Dwight
Commercial Inv. Strategies
Buyer's Agent
Julian Young
Real Estate Strategies, LLC
List Price
$1,210,000
Sold Price
$1,210,000
Current Estimated Value
$1,248,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,434
Avg. Annual Appreciation
0.87%

Purchase Details

Closed on
Mar 16, 2009
Sold by
B & C Group Llc
Bought by
Hearn Charles Christopher and Boone Ii Robert Daniel

Purchase Details

Closed on
Dec 20, 2006
Sold by
Boone Robert Daniel and Hearn Charles Christopher
Bought by
B & C Group Llc

Purchase Details

Closed on
Mar 21, 2006
Sold by
Lam Lambert K Y and Lam Christina L L
Bought by
Hearn Charles Christopher and Boone Ii Robert Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
6.18%
Mortgage Type
Commercial
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
B & C Investment Llc $1,210,000 First American Title Of Hawaii
B & C Investment Llc $1,210,000 First American Title Of Hawaii
B & C Investment Llc $1,210,000 First American Title Of Hawaii
Hearn Charles Christopher $1,000 None Available
B & C Group Llc -- None Available
Hearn Charles Christopher $760,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hearn Charles Christopher $474,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $1,210,000 0.0% $279 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $1,210,000 -- $279 / 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 $17,278 $1,392,500 $1,146,500 $246,000
2024 $17,278 $1,393,400 $1,146,500 $246,900
2023 $17,286 $1,394,000 $1,146,500 $247,500
2022 $17,143 $1,382,500 $1,146,500 $236,000
2021 $17,240 $1,390,300 $1,146,500 $243,800
2020 $17,489 $1,410,400 $1,146,500 $263,900
2019 $16,227 $1,343,500 $1,073,000 $270,500
2018 $16,227 $1,308,600 $1,038,300 $270,300
2017 $15,054 $1,214,000 $973,400 $240,600
2016 $13,092 $1,055,800 $813,400 $242,400
2015 $12,328 $994,200 $757,100 $237,100
2014 $9,512 $950,200 $713,900 $236,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202200421

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-4-004-054-0002