NOT LISTED FOR SALE

Estimated Value: $2,753,000 - $2,927,000

-- Bed
-- Bath
7,224 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $2,400,000 $332 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $16,148/month

5 Days on Market

Highlights

  • City View
  • Coin Laundry
  • Level Lot

About This Home

As of September 2020

This home is located at 271 Kalihi St, Honolulu, HI 96819 since 26 August 2020 and is currently estimated at $2,848,783, approximately $394 per square foot. This property was built in 1964. 271 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.

Last Agent to Sell the Property

Esther Kusunoki

List Sotheby's Int'l Realty License #RB-21002 Listed on: 08/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,621

Year Built

  • Built in 1964

Lot Details

  • 4,600 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 7,224 Sq Ft Home
  • 3-Story Property
  • City Views

Parking

  • 9 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity, parking fee
  • Assessor Parcel Number 1-1-2-004-037-0000

Community Details

Overview

  • 10 Units
  • Kapalama Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,621

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1964
  • CommunityFeatures: None
  • LaundryFeatures: Coin-operated
  • MLS Status: Closed
  • Subdivision Name: KAPALAMA
  • Unit Levels: Three Or More
  • Roof: Other
  • Tax Year: 2020
  • Special Features: None

Exterior Features

  • Construction Type: Concrete
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 9.0

Utilities

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

Lot Info

  • Parcel Number: 1-1-2-004-037-0000
  • Zoning Description: 42 - I-2 General Industrial Dis

Multi Family

  • Number Of Units Total: 10
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Parking Fee

Tax Info

  • Tax Annual Amount: 4620.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 18, 2020
Sold by
Kalihi Dragon Llc
Bought by
Tsai Tian and Ching Tsai I
Seller's Agent
Esther Kusunoki
List Sotheby's Int'l Realty
List Price
$2,400,000
Sold Price
$2,400,000
Current Estimated Value
$2,848,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,783
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,450,000
Outstanding Balance
$1,292,609
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,556,174

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 12, 2020
Sold by
Chen Phung Thi and Xan Sy Chen Revocable Trust
Bought by
Kalihi Dragon Llc
Seller's Agent
Alan Christopher
CBI Residential Advisory Svcs.
List Price
$2,400,000
Sold Price
$1,999,999
Premium/Discount to List
-$400,001
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.24%
Original Mortgage
$1,319,500
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2011
Sold by
Chen Xan Sy and Chen Phung Thi
Bought by
Chen Xan Sy and Chen Phung Thi

Purchase Details

Closed on
Jan 8, 2008
Sold by
Lucas Ernesto
Bought by
Chen Xan Sy and Chen Phung Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.96%
Mortgage Type
Commercial
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
Tsai Tian $2,400,000 Fhtc
Tsai Tian $2,400,000 Fhtc
Kalihi Dragon Llc $1,999,999 Tg
Kalihi Dragon Llc $1,999,999 Tg
Chen Xan Sy -- None Available
Chen Xan Sy $1,080,000 Itc
Lucas Ernesto -- Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsai Tian $1,450,000
Closed Tsai Tian $1,450,000
Previous Owner Kalihi Dragon Llc $1,319,500
Previous Owner Chen Xan Sy $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $2,400,000 0.0% $332 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $2,400,000 +20.0% $332 / Sq Ft
01/22/2020 01/22/20 Sold $1,999,999 -16.7% $277 / Sq Ft
01/22/2020 01/22/20 For Sale $2,400,000 -- $332 / 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 $7,509 $2,159,300 $1,222,000 $937,300
2024 $7,509 $2,145,500 $1,222,000 $923,500
2023 $6,638 $2,142,300 $1,222,000 $920,300
2022 $6,638 $1,896,600 $1,034,000 $862,600
2021 $6,329 $1,808,400 $916,500 $891,900
2020 $4,621 $1,320,400 $893,000 $427,400
2019 $4,122 $1,260,700 $822,500 $438,200
2018 $4,122 $1,177,600 $752,000 $425,600
2017 $4,158 $1,188,100 $705,000 $483,100
2016 $4,008 $1,145,200 $658,000 $487,200
2015 $3,906 $1,115,900 $587,500 $528,400
2014 -- $1,090,800 $564,000 $526,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202025051

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-2-004-037-0000