$1,200,000
SOLD MAR 13, 2015
-- Bed
-- Bath
1,950 Sq Ft
4,210 Sq Ft Lot

Recently Sold

$615 Per Sq Ft

50 Days on Market

Highlights

  • Tandem Parking
  • Level Lot
  • 3-minute walk to Date Street Mini Park
  • Coin Laundry

About This Home

As of June 2017

A-2 zoned property at Date & University Ave. Prime location near to bus lines, UH, schools, stores, freeway. Sold "As Is." Three parking, six if tandem. Hollow tile bldg. DO NOT disturb tenants. Tenants pay electricity. Use Premier Escrow, VP Frances Goo. Interior access to units after accepted offer. Adjoining lot 707 University Ave also listed.

Last Agent to Sell the Property

Karen Motosue

Oahu Realty License #RB-16459 Listed on: 12/23/2014

Last Buyer's Agent

Brian Chua

Five Star Realty, Inc. License #RB-21314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1957

Lot Details

  • 4,210 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property

Parking

  • 36 Parking Spaces
  • Tandem Parking
  • Open Parking
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity
  • Assessor Parcel Number 1-2-7-015-005-0000

Community Details

Overview

  • 8 Units
  • Moiliili Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $39,092
  • Net Operating Income $39,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,135

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1957
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Corner Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Open, Tandem
  • Total Parking Spaces: 36.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity 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: 1-2-7-015-005-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 39384.0
  • Annual Operating Expense: 39092.0
  • Tenant Pays: Air Conditioning, Cable TV, Electricity
  • Total Actual Rent: 6540.0

Tax Info

  • Tax Annual Amount: 3135.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 9, 2017
Sold by
Great Tree Llc
Bought by
Dated Plaza Llc
Seller's Agent
Brian Chua
Five Star Realty, Inc.
Buyer's Agent
Esther Kusunoki
List Sotheby's Int'l Realty
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Current Estimated Value
$1,645,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,957
Avg. Annual Appreciation
1.85%
Original Mortgage
$1,200,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 23, 2014
Closed on
Mar 10, 2015
Sold by
Ng Roland C K
Bought by
Great Tree Llc
Seller's Agent
Karen Motosue
Oahu Realty
Buyer's Agent
Brian Chua
Five Star Realty, Inc.
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$870,000
Interest Rate
3.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 2009
Sold by
Ng Roland Chew Kee and Ng Franklin Chew Lun
Bought by
Ng Roland C K and Roland C K Ng Revocable 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 Type Sale Price Title Company
Warranty Deed $1,500,000 Fam
Warranty Deed $1,500,000 Fam
Warranty Deed $1,200,000 Premier Title
Warranty Deed $1,200,000 Premier Title
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,750,000 Commercial
Closed $1,750,000 Commercial
Closed $1,200,000 Commercial
Previous Owner $870,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2017 06/14/17 Sold $1,500,000 -6.2% $769 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $1,599,000 +33.3% $820 / Sq Ft
03/13/2015 03/13/15 Sold $1,200,000 0.0% $615 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $1,200,000 -- $615 / 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 $4,853 $1,392,400 $1,031,500 $360,900
2024 $4,853 $1,386,700 $1,031,500 $355,200
2023 $4,606 $1,315,900 $968,300 $347,600
2022 $4,396 $1,256,000 $926,200 $329,800
2021 $4,434 $1,266,900 $925,600 $341,300
2020 $4,855 $1,387,100 $1,057,800 $329,300
2019 $4,534 $1,295,300 $969,700 $325,600
2018 $4,012 $1,146,200 $821,000 $325,200
2017 $4,044 $1,155,300 $799,900 $355,400
2016 $3,565 $1,018,500 $705,200 $313,300
2015 $3,538 $1,010,800 $705,200 $305,600
2014 -- $895,800 $589,400 $306,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201423372

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-015-005-0000