NOT LISTED FOR SALE

Estimated Value: $419,000 - $468,000

3 Beds
1.5 Baths
918 Sq Ft
35,371 Sq Ft Lot

Sale Details

Date Sold: August 19, 2020

Last sale price $372,500 $406 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,100 / mo

38 Days on Market

Highlights

  • 35,937 Sq Ft lot
  • Community Pool
  • Closed Circuit Camera
  • Mountain View
  • Resident Manager or Management On Site
  • Ceramic Tile Flooring

About This Home

As of August 2020

Terrace Towers! High Floor, fee simple, 3 bedroom, 1 & 1/2 bath of just under 1,000 sf. Pet friendly, secured, well-maintained building, conveniently located in Moiliili. Low maintenance fees & swimming pool! Lots of windows for breezy trade winds. Covered parking stall. Laundry on same floor. Outstanding location near UH, Waikiki, downtown, & near bus lines. Motivated seller. Vacant and easy to show.

Last Agent to Sell the Property

Margaret Murchie

Coldwell Banker Realty License #RB-13265 Listed on: 06/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Joe Wong

Joe Wong Realty LLC License #RB-21565

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1969

Lot Details

  • Property is in average condition

HOA Fees

  • $623 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 918 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Mountain Views
  • Closed Circuit Camera

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-015-004-0061

Community Details

Overview

  • Association fees include common areas, sewer, water
  • High-Rise Community
  • Terrace Towers Condos
  • Moiliili Subdivision

Amenities

  • Trash Chute
  • Laundry Facilities

Recreation

  • Community Pool
  • Recreational Area

Security

  • Resident Manager or Management On Site
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,488

Year Built

Built in 1969

Lot Details

0.81 Acres

HOA Fees

$623 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Terrace Towers
  • Inclusions: Book Shelves,Ceiling Fan,Disposal,Drapes,Microwave Hood,Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1969
  • CommunityFeatures: Laundry Facilities, Pool, Recreation Area, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Entry Level: 11
  • Unit Levels: Three Or More
  • Living Area: 918.0
  • New Construction: No
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Furnished: Partially
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Average Condition
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, One Space
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association Fee: 623.0

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Water

Schools

  • Elementary School: Ala Wai
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-7-015-004-0061
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 623.0

Tax Info

  • Tax Annual Amount: 1488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 15, 2020
Sold by
Lim Chong Suk
Bought by
Chen Helen
Seller's Agent
Margaret Murchie
Coldwell Banker Realty
Buyer's Agent
Joe Wong
Joe Wong Realty LLC
List Price
$375,000
Sold Price
$372,500
Premium/Discount to List
-$2,500
-0.67%
Current Estimated Value
$442,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,975
Avg. Annual Appreciation
3.09%
Original Mortgage
$262,500
Outstanding Balance
$232,856
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$209,619

Purchase Details

Closed on
Feb 12, 2020
Sold by
Lim Chong Suk and Lim Silvia H
Bought by
Lim Chong Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2016
Sold by
Lim Chong Suk
Bought by
Lim Chong Suk and Lim Silvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2004
Sold by
Chung Thomas Kilbong and Chung Norma Myung
Bought by
Lim Chong Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.02%
Mortgage Type
Unknown
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
Chen Helen $372,500 Tg
Chen Helen $372,500 Tg
Chen Helen $372,500 Tg
Lim Chong Suk -- Tg
Lim Chong Suk -- Tg
Lim Chong Suk -- Tg
Lim Chong Suk -- Tg
Lim Chong Suk -- Tg
Lim Chong Suk -- Tg
Lim Chong Suk -- Fidelity Natl Title & Escrow
Lim Chong Suk -- Fidelity Natl Title & Escrow
Lim Chong Suk $245,000 First Hawaii Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Helen $262,500
Closed Chen Helen $262,500
Previous Owner Lim Chong Suk $324,000
Previous Owner Lim Chong Suk $289,000
Previous Owner Lim Chong Suk $190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $372,500 -0.7% $406 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $375,000 -- $408 / 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 $1,572 $470,000 $84,100 $385,900
2024 $1,572 $449,000 $84,100 $364,900
2023 $1,435 $410,100 $79,000 $331,100
2022 $1,366 $390,400 $75,600 $314,800
2021 $1,396 $398,900 $72,100 $326,800
2020 $1,500 $428,600 $82,400 $346,200
2019 $1,341 $425,700 $75,600 $350,100
2018 $1,341 $383,200 $56,100 $327,100
2017 $1,238 $353,600 $47,600 $306,000
2016 $1,323 $378,000 $69,800 $308,200
2015 $1,205 $344,200 $55,000 $289,200
2014 $1,231 $343,400 $61,100 $282,300
Source: Public Records

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202012669

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-015-004-0061

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