NOT LISTED FOR SALE

2460 Waolani Ave Honolulu, HI 96817

Liliha-Kapalama Neighborhood

Estimated Value: $1,300,000 - $1,437,000

5 Beds
2 Baths
1,985 Sq Ft
$695/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,200,000 $605 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,609/month

62 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Bathroom on Main Level
  • Maemae Elementary School Rated A-
  • Cottage
  • 3-minute walk to Pu'unui Community Park

About This Home

As of May 2024

Welcome to the Pu'unui neighborhood, where a remarkable opportunity awaits. This property is a hidden gem, featuring not just one but two distinct dwellings on a single lot. The main house boasts three bedrooms and one bathroom, providing ample space for comfortable living. Adjacent to it is a charming cottage, perfect for guests, extended family members, or potential rental income. What sets this property apart is its incredible potential. If you have an eye for design and a knack for renovation, this is your chance to create a personalized masterpiece. Additionally, the multi-unit rental possibilities make this property an excellent investment opportunity. You can live in one house while renting out the other, generating passive income to offset your mortgage or supplement your cash flow. This flexibility allows you to leverage the property in a way that aligns with your financial goals and long-term plans.

Last Agent to Sell the Property

John Climaldi

Real Broker License #RB-21517 Listed on: 03/22/2024

Real Broker

Last Buyer's Agent

Joanna Zheng

Best Island Realty LLC License #RB-22484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1960

Lot Details

  • 7,353 Sq Ft Lot
  • Fenced
  • Lot Sloped Up
  • Cleared Lot
  • Property is in good condition

Property Views

  • Ocean
  • City

Home Design

  • Cottage
  • Wood Frame Construction

Interior Spaces

  • 1,985 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Schools

  • Maemae Elementary School
  • Kawananakoa Middle School
  • Mckinley High School

Utilities

  • Gas Available
  • Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,719

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family, Multiple Dwellings, Studio Cottage
  • Inclusions: Disposal, Range/Oven, Refrigerator, Water Heater
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 1985
  • Fill Sq Ft Total: 2225
  • Stories Type: One
  • Year Built: 1960
  • Attribution Contact: (800) 370-3848
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: Full Bath on 1st Floor, Wall/Fence
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Laminate, Vinyl
  • Furnished: None

Exterior Features

  • Construction Type: Above Ground, Single Wall, Wood Frame
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: None
  • Property Condition: Average, Fair
  • Topography: Other, Up Slope
  • View: City, Ocean, Sunrise

Garage/Parking

  • Parking Features: 2 Car, Driveway, Street
  • Total Parking Spaces: 3

Utilities

  • Utilities: Cable, Gas, Overhead Electricity, Public Water, Sewer Connection Reqd, Telephone

Association/Amenities

  • AssociationFee2Includes: None

Schools

  • Elementary School: Maemae
  • High School: Mckinley
  • Middle Or Junior School: Kawananakoa

Tax Info

  • Tax Annual Amount: 4719.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 21, 2024
Sold by
Balbino A Ibarra Revocable Trust and Trapp Daniel T
Bought by
Zeng Fuquan and Liu Jieping
Seller's Agent
John Climaldi
Real Broker
Buyer's Agent
Joanna Zheng
Best Island Realty LLC
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
36
Current Estimated Value
$1,378,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,622
Avg. Annual Appreciation
10.34%
Original Mortgage
$750,000
Outstanding Balance
$738,958
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$639,664

Purchase Details

Closed on
Feb 14, 2000
Sold by
Ibarra Balbino Albert
Bought by
Ibarra Balbino A and Balbino A Ibarra Revocable Trust

Purchase Details

Closed on
Jun 5, 1998
Sold by
Ibarra Balbino Albert
Bought by
Ibarra Balbino Albert
Source: Public Records

Range of Values:

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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
Zeng Fuquan -- Fntic
Ibarra Balbino A -- --
Ibarra Balbino Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Fuquan $400,000
Open Zeng Fuquan $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $1,200,000 -7.7% $605 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $1,300,000 -- $655 / 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 $4,719 $1,635,100 $1,297,100 $338,000
2024 $4,719 $1,508,400 $1,243,900 $264,500
2023 $4,285 $1,464,200 $1,173,500 $290,700
2022 $3,405 $1,112,800 $1,026,800 $86,000
2021 $3,242 $1,066,300 $915,400 $150,900
2020 $3,499 $1,139,700 $938,800 $200,900
2019 $3,779 $1,199,600 $915,400 $284,200
2018 $3,736 $1,187,300 $915,400 $271,900
2017 $3,533 $1,129,400 $850,800 $278,600
2016 $3,152 $1,020,600 $786,300 $234,300
2015 $3,145 $1,018,600 $727,600 $291,000
2014 $2,257 $921,800 $692,400 $229,400
Source: Public Records

Agents Affiliated with this Home

  • John Climaldi

    Seller's Agent in 2024

    John Climaldi

    Real Broker

    (808) 687-1890

    1 in this area

    55 Total Sales

    John Climaldi
    Section Image

  • J

    Buyer's Agent in 2024

    Joanna Zheng

    Best Island Realty LLC

    (808) 728-2686

    13 in this area

    72 Total Sales

    Joanna Zheng
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202406407

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-8-024-033-0000

Hawaii Honolulu County Honolulu 96817 Liliha-Kapalama

2460 Waolani Ave, Honolulu, HI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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