NOT LISTED FOR SALE

Estimated Value: $1,367,000 - $1,867,000

8 Beds
4 Baths
1,824 Sq Ft
$852/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $1,504,000 $825 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,855/month

80 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • 3-minute walk to Kalo Place Mini Park
  • Property is in excellent condition

About This Home

As of February 2022

LOOKING FOR BACK UP OFFERS. CALL LISTOR FOR DETAILS.
Rarely available, two renovated duplexes on 5,001 sq. ft. of land, located close to the University of Hawaii at Manoa, with a 4.7% CAP. If the owner manages it, the CAP rate increases to 5.2%. New roof, new copper plumbing, all new wiring and electric boxes, new flooring, renovated kitchens and baths, and new asphalt paving. Tenants pay for their own electricity. Individually metered.

Last Agent to Sell the Property

Paul Goldkorn

List Sotheby's Int'l Realty License #RS-34892 Listed on: 10/22/2021

Last Buyer's Agent

Katsuyoshi Takahashi

HOMETIQUE License #RS-83121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1953 | Remodeled in 2018

Lot Details

  • 5,001 Sq Ft Lot
  • Level Lot
  • Irregular Lot
  • Property is in excellent condition

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Parking Spaces
  • Assigned Parking

Utilities

  • Underground Utilities
  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1953 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 1824
  • Stories Type: One
  • Year Built: 1953
  • Year Renovated: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: None

Exterior Features

  • Construction Type: Above Ground, Single Wall
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Irregular
  • Property Condition: Excellent
  • Topography: Level
  • View: None

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 5

Utilities

  • Utilities: Cable, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water
  • Sewer: Connected

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 3, 2022
Sold by
Lori Phillips Trust
Bought by
Hanatach Inc
Seller's Agent
Paul Goldkorn
List Sotheby's Int'l Realty
Buyer's Agent
Katsuyoshi Takahashi
HOMETIQUE
List Price
$1,504,000
Sold Price
$1,504,000
Current Estimated Value
$1,537,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,550
Avg. Annual Appreciation
2.44%
Original Mortgage
$550,000
Outstanding Balance
$513,680
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,122,809

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 13, 2018
Sold by
Sugihara Gary A
Bought by
Phillips Lori Jayne and Porter Lee
Seller's Agent
Kay Mukaigawa
Engel & Völkers Honolulu
Buyer's Agent
Paul Goldkorn
List Sotheby's Int'l Realty
List Price
$1,298,000
Sold Price
$1,110,000
Premium/Discount to List
-$188,000
-14.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Mar 13, 2018
Sold by
Sugihara Randall Akira
Bought by
Sugihara Gary A
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
Hanatach Inc $1,504,000 First American Title Of Hawaii
Hanatach Inc $1,504,000 First American Title Of Hawaii
Phillips Lori Jayne -- Fam
Phillips Lori Jayne -- Fam
Sugihara Gary A -- None Available
Sugihara Randall Akira -- None Available
Sugihara Jean Setsuko -- None Available
Sugihara Gary A -- None Available
Sugihara Randall Akira -- None Available
Sugihara Jean Setsuko -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanatach Inc $550,000
Closed Hanatach Inc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $1,504,000 0.0% $825 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $1,504,000 +35.5% $825 / Sq Ft
06/21/2018 06/21/18 Sold $1,110,000 -14.5% $609 / Sq Ft
06/21/2018 06/21/18 For Sale $1,298,000 -- $712 / 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 $5,239 $1,496,000 $1,306,400 $189,600
2024 $5,239 $1,496,800 $1,306,400 $190,400
2023 $5,054 $1,443,900 $1,258,900 $185,000
2022 $4,811 $1,374,700 $1,235,100 $139,600
2021 $4,501 $1,285,900 $1,140,100 $145,800
2020 $4,684 $1,338,200 $1,187,600 $150,600
2019 $3,605 $1,175,700 $1,068,900 $106,800
2018 $3,605 $1,030,100 $926,300 $103,800
2017 $3,499 $999,800 $878,800 $121,000
2016 $3,420 $977,100 $855,100 $122,000
2015 $3,207 $916,300 $800,100 $116,200
2014 -- $841,000 $725,200 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202126554

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-8-025-023-0000