NOT LISTED FOR SALE

2624 Maunawai Place Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated Value: $1,344,000 - $2,440,000

-- Bed
-- Bath
4,206 Sq Ft
$474/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,900,000 $452 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,188/month

191 Days on Market

About This Home

As of August 2019

Great investment opportunity in the heart of Honolulu. Two buildings with a total of nine units. Seven, one bedrooms, one studio, and one three bedroom unit. Total of seven parking stalls. Incredible location right off Kapiolani Blvd. Please do not disturb residents, as only shown by an appointment. New roofs on both buildings.

Last Agent to Sell the Property

Jeffrey Hughes

List Sotheby's Int'l Realty License #RS-61227 Listed on: 01/14/2019

Last Buyer's Agent

Esther Kusunoki

List Sotheby's Int'l Realty License #RB-21002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,476

Year Built

  • Built in 1940

Lot Details

  • 6,277 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,206 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 7 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1-2-7-025-019-0000

Community Details

Overview

  • 9 Units
  • Kapiolani Subdivision

Building Details

  • Operating Expense $28,899
  • Net Operating Income $131,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,476

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1940
  • CommunityFeatures: None
  • LaundryFeatures: In Unit, Other
  • MLS Status: Closed
  • Subdivision Name: KAPIOLANI
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Lot Features: Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 7.0

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-025-019-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 9
  • Net Operating Income: 131301.0
  • Annual Operating Expense: 28899.0
  • Tenant Pays: Electricity
  • Total Actual Rent: 13350.0

Tax Info

  • Tax Annual Amount: 4476.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Aug 21, 2019
Sold by
Leinaala Llc
Bought by
Tyler Maunawai Llc
Seller's Agent
Jeffrey Hughes
List Sotheby's Int'l Realty
Buyer's Agent
Esther Kusunoki
List Sotheby's Int'l Realty
List Price
$2,500,000
Sold Price
$1,900,000
Premium/Discount to List
-$600,000
-24%
Current Estimated Value
$1,993,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,664
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,520,000
Outstanding Balance
$1,336,996
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$881,016

Purchase Details

Closed on
Nov 21, 2018
Sold by
Realty Consultants Of Maui Inc
Bought by
Leinaala Llc
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
Tyler Maunawai Llc $1,900,000 Fam
Tyler Maunawai Llc $1,900,000 Fam
Tyler Maunawai Llc $1,900,000 Fam
Leinaala Llc -- None Available
Leinaala Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Maunawai Llc $1,520,000
Closed Tyler Maunawai Llc $1,520,000
Previous Owner Realty Consultants Of Maui Inc $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $1,900,000 -24.0% $452 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $2,500,000 -- $594 / 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 $6,789 $1,932,700 $1,459,700 $473,000
2024 $6,789 $1,939,700 $1,459,700 $480,000
2023 $6,446 $1,841,700 $1,370,300 $471,400
2022 $6,162 $1,760,700 $1,310,700 $450,000
2021 $5,096 $1,456,100 $1,251,100 $205,000
2020 $5,779 $1,651,100 $1,429,900 $221,200
2019 $4,446 $1,461,500 $1,310,700 $150,800
2018 $4,446 $1,270,200 $1,124,400 $145,800
2017 $4,474 $1,278,400 $1,071,300 $207,100
2016 $4,243 $1,212,300 $1,004,300 $208,000
2015 $3,863 $1,103,700 $905,600 $198,100
2014 -- $1,031,700 $834,800 $196,900
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Hughes

    Seller's Agent in 2019

    Jeffrey Hughes

    List Sotheby's Int'l Realty

    (808) 478-2568

    13 Total Sales

    Jeffrey Hughes
    Section Image

  • E

    Buyer's Agent in 2019

    Esther Kusunoki

    List Sotheby's Int'l Realty

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201901165

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-025-019-0000

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

2624 Maunawai Place, Honolulu, HI

This home is located at 2624 Maunawai Place, Honolulu, HI 96826 since 14 January 2019 and is currently estimated at $1,993,664, approximately $474 per square foot. This property was built in 1940. 2624 Maunawai Place is a home located in Honolulu County with nearby schools including Prince Jonah Kuhio 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.

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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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