NOT LISTED FOR SALE

253 Kalihi St Honolulu, HI 96819

Kalihi-Palama Neighborhood

Estimated Value: $1,465,000 - $2,045,000

3 Beds
2 Baths
5,550 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $1,500,000 $270 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,017/month

203 Days on Market

Highlights

  • City View
  • Tandem Parking
  • Level Lot

About This Home

As of December 2016

Excellent investment opportunity! Centrally located in the heart of Kalihi. Near bus stops. Long time tenants. Rent roll has room for improvement.

Last Agent to Sell the Property

Brian Chua

Five Star Realty, Inc. License #RB-21314 Listed on: 04/23/2016

Co-Listed By

Christina Dong

Top Property Management LLC License #RB-20925

Last Buyer's Agent

Brian Chua

Five Star Realty, Inc. License #RB-21314 Listed on: 04/23/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1957

Lot Details

  • 4,600 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 5,550 Sq Ft Home
  • 2-Story Property
  • City Views
  • Laundry in unit

Parking

  • 5 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Open Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-1-2-004-055-0000

Community Details

Overview

  • 7 Units
  • Kapalama Subdivision

Building Details

  • Operating Expense $17,484
  • Net Operating Income $86,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Co List Office Mls Id: FIVE
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1957
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • Co List Office Phone: (808) 382-6871
  • MLS Status: Closed
  • Subdivision Name: KAPALAMA
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Concrete
  • Lot Features: Cleared, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: 1031 Exchange, Call Agent

Garage/Parking

  • Parking Features: Covered, Open, Tandem
  • Total Parking Spaces: 5.0
  • Open Parking: Yes

Utilities

  • Utilities: Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-1-2-004-055-0000
  • Zoning Description: 42 - I-2 General Industrial Dis

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 86316.0
  • Annual Operating Expense: 17484.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 8650.0

Tax Info

  • Tax Annual Amount: 3000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2016
Closed on
Dec 7, 2016
Sold by
Great South Investment Llc
Bought by
Tam Michael Kwok Wing
Seller's Agent
Brian Chua
Five Star Realty, Inc.
Buyer's Agent
Brian Chua
Five Star Realty, Inc.
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,762,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,971
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,125,000
Outstanding Balance
$911,811
Interest Rate
3.47%
Mortgage Type
Unknown
Estimated Equity
$851,160

Purchase Details

Listed on
Dec 11, 2013
Closed on
Mar 26, 2014
Sold by
Alvarez Elenita
Bought by
Great South Investment Llc
Seller's Agent
Dolores Bediones
Coldwell Banker Realty
Buyer's Agent
Billy Chou
Koam Realty
List Price
$1,288,000
Sold Price
$1,288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$897,000
Interest Rate
4.25%
Mortgage Type
Unknown
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
Tam Michael Kwok Wing $1,500,000 Fam
Tam Michael Kwok Wing $1,500,000 Fam
Great South Investment Llc $1,288,000 Tg
Great South Investment Llc $1,288,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Michael Kwok Wing $1,125,000
Closed Tam Michael Kwok Wing $1,125,000
Previous Owner Great South Investment Llc $897,000
Previous Owner Alvarez Elenita Vergara $450,000
Previous Owner Hawaii National Bank $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $1,500,000 0.0% $270 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
04/23/2016 04/23/16 For Sale $1,500,000 +16.5% $270 / Sq Ft
03/31/2014 03/31/14 Sold $1,288,000 0.0% $296 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $1,288,000 -- $296 / 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 $4,931 $1,409,000 $1,160,900 $248,100
2024 $4,931 $1,408,800 $1,160,900 $247,900
2023 $4,365 $1,365,900 $1,124,000 $241,900
2022 $4,365 $1,247,000 $1,034,000 $213,000
2021 $3,983 $1,138,100 $916,500 $221,600
2020 $3,960 $1,131,300 $893,000 $238,300
2019 $3,736 $1,067,300 $822,500 $244,800
2018 $3,467 $990,700 $752,000 $238,700
2017 $3,276 $935,900 $705,000 $230,900
2016 $3,123 $892,200 $658,000 $234,200
2015 $3,001 $857,500 $587,500 $270,000
2014 -- $822,100 $564,000 $258,100
Source: Public Records

Agents Affiliated with this Home

  • Brian Chua

    Seller's Agent in 2016

    Brian Chua

    Five Star Realty, Inc.

    (808) 382-6871

    4 in this area

    65 Total Sales

    Brian Chua
    Section Image
  • Christina Dong

    Seller Co-Listing Agent in 2016

    Christina Dong

    Top Property Management LLC

    (808) 255-8878

    5 in this area

    72 Total Sales

    Christina Dong
    Section Image
  • Dolores Bediones

    Seller's Agent in 2014

    Dolores Bediones

    Coldwell Banker Realty

    (808) 381-7848

    72 Total Sales

    Dolores Bediones
    Section Image

  • B

    Buyer's Agent in 2014

    Billy Chou

    Koam Realty

    (808) 221-3878

    23 Total Sales

    Billy Chou
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201610616

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-2-004-055-0000

Hawaii Honolulu County Honolulu 96819 Kalihi-Palama

253 Kalihi St, Honolulu, HI

This home is located at 253 Kalihi St, Honolulu, HI 96819 since 23 April 2016 and is currently estimated at $1,762,971, approximately $317 per square foot. This property was built in 1957. 253 Kalihi St is a home located in Honolulu County with nearby schools including Pu'uhale Elementary School, King David Kalakaua Middle School, and Gov. Wallace Rider Farrington 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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