NOT LISTED FOR SALE

Estimated Value: $2,537,000 - $3,741,180

-- Bed
-- Bath
4,450 Sq Ft
$662/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2014

Last sale price $2,250,000 $506 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $16,226 / mo

109 Days on Market

Highlights

  • City View
  • High Speed Internet
  • Level Lot
  • Coin Laundry
  • Property is in excellent condition
  • Community Storage Space

About This Home

As of August 2014

Ideal investment property with steady cash flow. Fully rented and income info is actual. Close to Waikiki, Ala Moana, UH, H-1 and bus-line. Well maintained and recently renovated with individual electric meters. Coin washer/dryer on property with plenty of parking. Five large 2 bedroom/1 bath and one 1 bedroom/1 bathroom unit. R-5 zoning, but meets all applicable requirements for Multi-Family use. Property to be sold in As-Is condition.

Last Agent to Sell the Property

Linda Suzukawa-Tseng

Estates Royal Limited License #RB-15316 Listed on: 03/25/2014

Co-Listed By

Jeffrey McGowen

DROP - 2015 License #RS-61339

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 1969

Lot Details

  • 10,417 Sq Ft Lot
  • Level Lot
  • Property is in excellent condition

Property Views

  • City
  • Garden

Home Design

  • Composition Roof
  • Masonry
  • Stucco

Interior Spaces

  • 4,450 Sq Ft Home
  • 2-Story Property
  • Partially Furnished

Parking

  • 11 Parking Spaces
  • Assigned Parking

Utilities

  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-8-007-009-0000

Community Details

Overview

  • 6 Units
  • Moiliili Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $20,906
  • Net Operating Income $107,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,460

Year Built

Built in 1969

Lot Details

10,417 Sq Ft Lot

Listing Details

  • Co List Office Mls Id: ESTR
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1969
  • CommunityFeatures: None, Storage Facilities
  • Road Frontage Type: Other
  • LaundryFeatures: Coin-operated
  • Co List Office Phone: (808) 522-0322
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Stucco
  • Lot Features: Other, Level
  • Property Condition: Excellent
  • Topography: Level,Sloping
  • View: City, Garden
  • View: Yes
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 11.0

Utilities

  • Utilities: Cable Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-8-007-009-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 107053.19
  • Annual Operating Expense: 20905.82
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 127959.0

Tax Info

  • Tax Annual Amount: 5460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Aug 5, 2014
Sold by
Trb Wilder Llc
Bought by
Armory Colorado Llc
Seller's Agent
Linda Suzukawa-Tseng
Estates Royal Limited
List Price
$2,350,000
Sold Price
$2,250,000
Premium/Discount to List
-$100,000
-4.26%
Current Estimated Value
$2,944,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,727
Avg. Annual Appreciation
2.33%
Original Mortgage
$760,000
Outstanding Balance
$579,715
Interest Rate
4.12%
Mortgage Type
Commercial
Estimated Equity
$2,365,012

Purchase Details

Listed on
May 13, 2013
Closed on
May 10, 2013
Sold by
Chun Gerin T S
Bought by
Trb Wilder Llc
Seller's Agent
Jonathan Kim
Drop - 2022
Buyer's Agent
Tom Mukai
Locations LLC
List Price
$1,510,000
Sold Price
$1,510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.58%

Purchase Details

Closed on
Jan 30, 2008
Sold by
Chun Lorin T L
Bought by
Lee Gerianne Chun
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
Armory Colorado Llc $2,250,000 Tg
Armory Colorado Llc $2,250,000 Tg
Trb Wilder Llc $1,510,000 Fntic
Trb Wilder Llc $1,510,000 Fntic
Lee Gerianne Chun $233,333 Fhtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armory Colorado Llc $760,000
Closed Armory Colorado Llc $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2014 08/11/14 Sold $2,250,000 -4.3% $506 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $2,350,000 +55.6% $528 / Sq Ft
05/13/2013 05/13/13 Sold $1,510,000 0.0% $339 / Sq Ft View Prior Sale
05/13/2013 05/13/13 For Sale $1,510,000 -- $339 / 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 $7,351 $2,101,200 $1,801,900 $299,300
2024 $7,351 $2,100,200 $1,801,900 $298,300
2023 $7,090 $2,025,600 $1,736,300 $289,300
2022 $6,923 $1,977,900 $1,703,600 $274,300
2021 $6,521 $1,863,100 $1,572,500 $290,600
2020 $6,845 $1,955,600 $1,638,100 $317,500
2019 $6,293 $1,797,900 $1,474,300 $323,600
2018 $5,592 $1,597,600 $1,277,700 $319,900
2017 $5,651 $1,614,600 $1,212,200 $402,400
2016 $5,540 $1,582,900 $1,179,400 $403,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201405142

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-8-007-009-0000

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