$3,962,500
SOLD MAY 30, 2024
-- Bed
-- Bath
5,343 Sq Ft
7,736 Sq Ft Lot

Recently Sold

$742 Per Sq Ft

5% Below List Price

85 Days on Market

About This Home

As of January 2025

This 100% occupied, turnkey property consists of 11 units in 3 buildings and underwent major interior and
exterior renovations last year, including significant upgrades to all utilities, new roof and gutter systems, all new
stainless steel appliances, new cabinets, vanities, faucets and fixtures, newly tiled walk-in showers, installation of
LVT flooring throughout, newly paved and lined asphalt parking lot, new vinyl fencing around the perimeter with a
steel rolling gate on the side and a steel security gate at the entrance, upgraded steel railings, new entry, interior,
and security screen doors, new landscaping, upgraded signage, as well as interior and exterior paint. The four 2-
bedroom units in the 2-story back building which is concrete on bottom and wood on top were upgraded with all
new dual-pane glass vinyl windows, new fan systems, insulation in the ceilings and demising walls, and each unit
boasts individual stacked Samsung washer-dryers located on either the balconies or large fenced back patios. The
six 1-bedroom units in the 2-story concrete front building include upgraded louver systems with window AC units
in the bedrooms and living rooms.

Last Agent to Sell the Property

Michael Okamoto

Standard Management LLC License #RB-22000 Listed on: 03/06/2024

Last Buyer's Agent

Jon Bynes

ILC & Swell Realty LLC License #RB-23121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1953 | Remodeled in 2022

Lot Details

  • 7,736 Sq Ft Lot
  • Level Lot
  • Property is in very good condition

Home Design

  • Wood Frame Construction

Interior Spaces

  • 5,343 Sq Ft Home
  • 2-Story Property
  • Partially Furnished

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Gas Available

Community Details

  • 11 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,687

Year Built

Built in 1953 | Remodeled in 2022

Lot Details

0

Listing Details

  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 5343
  • Stories Type: Two
  • Year Built: 1953
  • Year Renovated: 2022
  • Attribution Contact: (808) 208-8107
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Amenities: None
  • Furnished: Partial

Exterior Features

  • Construction Type: Above Ground, Concrete, Wood Frame
  • Easements: Driveway
  • Flood Zone: Zone AE
  • Lot Features: Other
  • Property Condition: Above Average
  • Topography: Level
  • View: None

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8

Utilities

  • Utilities: Gas, Overhead Electricity, Public Water, Water
  • Sewer: Connected

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 6687.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Soei Corporation
Bought by
Samurai Dream Corporation
Total Days on Market
85
Current Estimated Value
$1,809,000

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 23, 2024
Sold by
Hala Investments Llc and Kahawaii Llc
Bought by
Soei Corporation
Seller's Agent
Michael Okamoto
Standard Management LLC
Buyer's Agent
Jon Bynes
ILC & Swell Realty LLC
List Price
$4,150,000
Sold Price
$3,962,500
Premium/Discount to List
-$187,500
-4.52%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.40%

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 2, 2022
Sold by
Chiyoko Ikuta Family Trust
Bought by
Hala Investments Llc
Seller's Agent
Daniel Sherman
AMG Realty Inc
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.86%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Ikuta Chiyoko and Ikuta Chiyo
Bought by
Ikuta Chiyoko and Chiyoko Ikuta Family Trust
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Fam
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Warranty Deed $2,700,000 First American Title Of Hawaii
Warranty Deed $2,700,000 First American Title Of Hawaii
Warranty Deed -- First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $930,000 -9.6% $1,310 / Sq Ft
10/29/2024 10/29/24 For Sale $1,028,888 -74.0% $1,449 / Sq Ft
05/30/2024 05/30/24 Sold $3,962,500 -4.5% $742 / Sq Ft
03/06/2024 03/06/24 For Sale $4,150,000 +53.7% $777 / Sq Ft
03/10/2022 03/10/22 Sold $2,700,000 0.0% $644 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $2,700,000 -- $644 / 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 $7,096 $2,023,400 $1,727,700 $295,700
2024 $7,096 $2,027,300 $1,727,700 $299,600
2023 $6,687 $1,910,700 $1,622,000 $288,700
2022 $6,316 $1,804,700 $1,551,400 $253,300
2021 $6,118 $1,747,900 $1,480,900 $267,000
2020 $6,917 $1,976,300 $1,692,500 $283,800
2019 $5,522 $1,840,200 $1,551,400 $288,800
2018 $5,522 $1,577,800 $1,295,100 $282,700
2017 $5,379 $1,536,800 $1,209,900 $326,900
2016 $5,476 $1,564,500 $1,237,800 $326,700
2015 $5,058 $1,445,000 $1,128,300 $316,700
2014 -- $1,396,200 $1,083,000 $313,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202404831

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-023-015-0000