NOT LISTED FOR SALE

2488 Kapiolani Blvd Unit 704 Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated Value: $400,000 - $648,000

2 Beds
2 Baths
734 Sq Ft
9,670 Acres

Last Sold August 30, 2023

Last sale price $390,000 $531 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,621/month

74 Days on Market

Highlights

  • City View
  • Storage
  • High-Rise Condominium
  • 9,670 Sq Ft lot
  • Wall to Wall Carpet
  • 4-minute walk to Date Street Mini Park

About This Home

As of August 2023

This fixer upper is priced to sell, making it an excellent opportunity or starter home for those looking to enter the market. Embrace the exciting prospect of transforming this fixer-upper into an amazing condo that reflects your unique style and vision. Located on the corner of Date and Kapiolani, convenience is at your doorstep. You'll have easy access to shopping, restaurants, beaches, parks, and more. Don't let this chance slip through your fingers. Schedule a viewing today.

Last Agent to Sell the Property

Bonnie Coen

Compass License #RB-16972 Listed on: 06/17/2023

Compass

Last Buyer's Agent

Kathleen Martusheff

Real Broker, LLC License #RB-20588

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1970

Lot Details

  • 9,670

Property Views

  • City
  • Mountain

Home Design

  • Repairs Needed

Interior Spaces

  • 734 Sq Ft Home
  • Drapes & Rods
  • Storage
  • Wall to Wall Carpet
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • Property is in good condition
  • Cable TV Available

Community Details

  • High-Rise Condominium
  • Iolani Condos

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,436

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Iolani
  • Inclusions: Cable TV, Drapes, Dryer, Range/Oven, Refrigerator, Washer
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 734
  • Fill Sq Ft Total: 734
  • Stories Type: 4-7
  • Year Built: 1970
  • Attribution Contact: (808) 825-4277
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: W/W Carpet
  • Entry Floor: 7
  • Unit Features: Even# Unit, Storage

Exterior Features

  • Construction Type: Concrete
  • Flood Zone: Zone X
  • Property Condition: Fair, Needs Major Repair
  • View: City, Mountain

Garage/Parking

  • Parking Features: Assigned, Covered - 1
  • Total Parking Spaces: 1

Multi Family

  • Maintenance Expense: 535.00

Tax Info

  • Tax Annual Amount: 1436.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Aug 28, 2023
Sold by
Umetsu James Shigemi
Bought by
Kohara Tina H and Ameng Eric Rafael
Seller's Agent
Bonnie Coen
Compass
Buyer's Agent
Kathleen Martusheff
Real Broker, LLC
List Price
$388,000
Sold Price
$390,000
Premium/Discount to List
$2,000
0.52%
Current Estimated Value
$459,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,446
Avg. Annual Appreciation
11.31%
Original Mortgage
$312,000
Outstanding Balance
$306,097
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$173,979

Purchase Details

Listed on
Jun 17, 2023
Closed on
Aug 17, 2023
Sold by
Umetsu James Shigemi and Umetsu Patricia Emi
Bought by
Ameng Eric Rafael and Ameng Angel Manuel
Seller's Agent
Bonnie Coen
Compass
Buyer's Agent
Kathleen Martusheff
Real Broker, LLC
List Price
$388,000
Sold Price
$390,000
Premium/Discount to List
$2,000
0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$306,097
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$173,979

Purchase Details

Closed on
May 25, 2004
Sold by
Umetsu Shizuko
Bought by
Umetsu James Shigemi and Umetsu Allen Nancy Naomi
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
Kohara Tina H -- Ortc
Ameng Eric Rafael -- Old Republic Title
Umetsu James Shigemi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umetsu-Allen Nancy N $312,000
Closed Ameng Eric Rafael $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Off Market $390,000 -- --
08/30/2023 08/30/23 Sold $390,000 +0.5% $531 / Sq Ft
06/17/2023 06/17/23 For Sale $388,000 -- $529 / 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 $992 $430,300 $86,900 $343,400
2024 $992 $403,400 $86,900 $316,500
2023 $1,505 $429,900 $81,500 $348,400
2022 $1,436 $410,300 $78,000 $332,300
2021 $1,352 $386,300 $74,500 $311,800
2020 $1,368 $390,800 $85,100 $305,700
2019 $1,546 $441,600 $78,000 $363,600
2018 $1,383 $395,000 $63,400 $331,600
2017 $1,398 $399,500 $58,100 $341,400
2016 $1,285 $367,000 $64,500 $302,500
2015 $1,214 $346,800 $56,700 $290,100
2014 $1,158 $328,800 $56,500 $272,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bonnie Coen

    Compass

    (808) 825-4277

    2 in this area

    37 Total Sales

    Section Image
  • Kathleen Martusheff

    Buyer's Agent in 2023

    Kathleen Martusheff

    Real Broker, LLC

    (808) 953-8111

    1 in this area

    26 Total Sales

    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202313952

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-014-042-0024

Hawaii Honolulu County Honolulu 96826 McCully-Mō'ili'ili

2488 Kapiolani Blvd Unit 704, Honolulu, HI

This home is located at 2488 Kapiolani Blvd Unit 704, Honolulu, HI 96826 since 17 June 2023 and is currently estimated at $471,678, approximately $642 per square foot. This property was built in 1970. 2488 Kapiolani Blvd Unit 704 is a home located in Honolulu County with nearby schools including Ala Wai Elementary School, President George Washington Middle School, and Kaimuki High School.

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.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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