Varsity Villa 2649 Varsity Place Unit 414 Floor 4 Honolulu, HI 96826
McCully-Mō'ili'ili NeighborhoodEstimated payment $154/month
Highlights
- City View
- Card or Code Access
- Laundry Facilities
- 28,750 Sq Ft lot
- Resident Manager or Management On Site
- 2-minute walk to Kalo Place Mini Park
About This Home
Leasehold studio with possible fee purchase available for $200,000. Buyer's will need to be preapproved by Lessors with a $1000.00 application fee paid directly to Lessors & a list of requirements are listed in Supplemental page.
Centrally located in close proximity to all that the University/Moiliili area provides - within minutes from our acclaimed University of Hawaii, numerous eateries, & easy access to freeways. This functional studio has a flexible floorplan & is near the elevator.
The community laundry room is secured & conveniently located on lower level lobby are which is also secured.
Fabulous opportunity to buy a property in this price range - CASH ONLY since the lease terms have not been negotiated. Land lease expires in 2029 with monthly lease rent of $492.00
Present tenant has rental term till March 2026 & prefers late afternoon showings.
Wonderful alternative for students, investors, & homeowners to own a property in this fast developing area of Honolulu.
Listing Agent
Homequest LLC Brokerage Phone: (808) 261-1470 License #RB-21371 Listed on: 09/03/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1972
Home Design
- Entry on the 4th floor
Interior Spaces
- 1 Full Bathroom
- 300 Sq Ft Home
- 3-Story Property
- Laminate Flooring
- City Views
Parking
- 1 Parking Space
- Open Parking
- Assigned Parking
Schools
- Kuhio Elementary School
- Washington Middle School
- Kaimuki High School
Listing and Financial Details
- Assessor Parcel Number 1-2-8-024-015-0053
Community Details
Overview
- Association fees include sewer, water
- Varsity Villa Condos
- Moiliili Subdivision
Amenities
- Laundry Facilities
Security
- Resident Manager or Management On Site
- Card or Code Access
- Secure Elevator
Map
About Varsity Villa
Home Values in the Area
Average Home Value in this Area
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 | $914 | $291,200 | $116,000 | $175,200 |
| 2024 | $914 | $261,200 | $116,000 | $145,200 |
| 2023 | $762 | $217,600 | $111,800 | $105,800 |
| 2022 | $732 | $209,000 | $105,400 | $103,600 |
| 2021 | $663 | $189,400 | $101,200 | $88,200 |
| 2020 | $713 | $203,800 | $101,200 | $102,600 |
| 2019 | $737 | $210,700 | $94,900 | $115,800 |
| 2018 | $698 | $199,500 | $86,500 | $113,000 |
| 2017 | $693 | $198,000 | $84,300 | $113,700 |
| 2016 | $627 | $179,000 | $78,000 | $101,000 |
| 2015 | $622 | $177,800 | $73,800 | $104,000 |
| 2014 | $537 | $172,400 | $56,900 | $115,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $24,500 | -- | $82 / Sq Ft |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202519265
APN: 1-2-8-024-015-0053
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