NOT LISTED FOR SALE

2505 Lai Rd Unit 2505B Honolulu, HI 96816

Palolo Neighborhood

Estimated Value: $464,000 - $744,000

2 Beds
1 Bath
528 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $520,000 $985 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,334/month

101 Days on Market

Highlights

  • Views
  • Community Storage Space
  • 1-Story Property
  • 2 Car Garage

About This Home

As of March 2021

Cute as a button! 4 unit CPR at La'i Estates consisting of 2 single family homes and a duplex. This unit is half of the duplex. 2-car tandem parking, one covered, one open. No maintenance fee. Your own small yard, front and back. Cool & quiet Palolo Valley. New paint, flooring, roof, gutters! Kitchen & bath upgrades.

Last Agent to Sell the Property

Jodee Farm

Locations LLC License #RB-13178 Listed on: 10/28/2020

Last Buyer's Agent

Allen Hanaike

Keller Williams Honolulu License #RB-24476

Keller Williams Honolulu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1959

Lot Details

  • 1,612 Sq Ft Lot
  • Zoning described as 05 - R-5 Residential District

Parking

  • 2 Car Garage
  • Carport

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Palolo Elementary School
  • Jarrett Middle School
  • Kaimuki High School

Community Details

  • Palolo Subdivision
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 1-3-4-012-027-0003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Detached
  • Building Name: NA
  • Inclusions: Ceiling Fan,Disposal,Dryer,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1959
  • CommunityFeatures: Storage Facilities
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: PALOLO
  • Carport Y N: Yes
  • Unit Levels: One
  • Living Area: 528.0
  • New Construction: No
  • Roof: Other
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Construction Type: Other, Single Wall
  • Lot Features: Cleared, Interior Lot, Irregular Lot
  • Pool Features: None
  • Property Condition: Good Condition
  • Topography: Sloping
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Carport, Two Car Garage, Two Spaces
  • Total Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palolo
  • High School: Kaimuki
  • Middle Or Junior School: Jarrett

Lot Info

  • Parcel Number: 1-3-4-012-027-0003
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 1704.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Mar 4, 2021
Sold by
Yim Sidney Kaiolani and Yim Melony Jonette
Bought by
Sulva Mishka Kahlil and Sulva Naoko
Seller's Agent
Jodee Farm
Locations LLC
Buyer's Agent
Allen Hanaike
Keller Williams Honolulu
List Price
$585,000
Sold Price
$520,000
Premium/Discount to List
-$65,000
-11.11%
Current Estimated Value
$579,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,084
Avg. Annual Appreciation
2.69%
Original Mortgage
$416,000
Outstanding Balance
$375,448
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$209,333

Purchase Details

Closed on
Jun 4, 2004
Sold by
Asing Jacqueline T
Bought by
Yim Sidney Kaiolani and Yim Melony Jonette Nalani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Sulva Mishka Kahlil $520,000 Premier Title
Sulva Mishka Kahlil $520,000 Premier Title
Yim Sidney Kaiolani $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sulva Mishka Kahlil $416,000
Closed Sulva Mishka Kahlil $416,000
Previous Owner Yim Sidney Kaiolani $100,000
Previous Owner Yim Sidney Kaiolani $183,000
Previous Owner Yim Sidney Kaiolani $217,000
Previous Owner Yim Sidney Kaiolani $23,000
Previous Owner Yim Sidney Kaiolani $50,000
Previous Owner Yim Sidney Kaiolani $233,504
Previous Owner Yim Sidney Kaiolani $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $520,000 -11.1% $985 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $585,000 -- $1,108 / 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 $1,614 $608,700 $498,400 $110,300
2024 $1,614 $581,200 $498,400 $82,800
2023 $1,644 $643,300 $498,400 $144,900
2022 $1,644 $569,800 $465,100 $104,700
2021 $1,800 $614,300 $441,100 $173,200
2020 $1,708 $588,000 $441,100 $146,900
2019 $1,208 $525,000 $441,100 $83,900
2018 $1,208 $425,200 $327,300 $97,900
2017 $1,132 $403,500 $321,300 $82,200
2016 $1,339 $462,500 $309,400 $153,100
2015 $1,186 $418,800 $288,600 $130,200
2014 $1,068 $384,200 $279,700 $104,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jodee Farm

    Locations LLC

    (808) 735-4200

    1 in this area

    83 Total Sales

    Section Image
  • Allen Hanaike

    Buyer's Agent in 2021

    Allen Hanaike

    Keller Williams Honolulu

    (808) 497-6651

    1 in this area

    32 Total Sales

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202028121

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-4-012-027-0003

Hawaii Honolulu County Honolulu 96816 Palolo

2505 Lai Rd Unit 2505B, Honolulu, HI

This home is located at 2505 Lai Rd Unit 2505B, Honolulu, HI 96816 since 28 October 2020 and is currently estimated at $613,346, approximately $1,161 per square foot. This property was built in 1959. 2505 Lai Rd Unit 2505B is a home located in Honolulu County with nearby schools including Palolo Elementary School, William P Jarrett 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.

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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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