NOT LISTED FOR SALE

Estimated Value: $1,916,096 - $2,362,000

7 Beds
5 Baths
3,277 Sq Ft
$660/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $1,780,000 $543 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,857/month

53 Days on Market

Highlights

  • City View
  • Central Air
  • Level Lot
  • Waikiki Elementary School Rated A-
  • Property is in excellent condition
  • 4-minute walk to Paki Community Park

About This Home

As of February 2017

1031 Exchange? Upscale, immaculate, new construction home w/ huge rental potential ($10K?) and charming style. 7BR/5BA w/rec room+wetbar. 5 parking. Front of home has vaulted ceilings. View D Head from some rooms & city lights upstairs. 20-panel, owned PV system. Gas appliances. Tankless water heater. Low maintenance, landscaped yard. Beautiful finishes. Great, stable tenants & great rental income. Perfect Kapahulu location. Minutes to beach/shopping. Must see to appreciate the value. Showings, appointment only w 48 hr notice. Do not enter property or disturb tenants. No sign. No opens.

Last Agent to Sell the Property

Yvonne Ahearn

Compass License #RB-20262 Listed on: 11/12/2016

Compass

Last Buyer's Agent

Corinda Wong

Berkshire Hathaway HmSvc HI RE License #RB-16111

Berkshire Hathaway HmSvc HI RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,476

Year Built

  • Built in 2014

Lot Details

  • 4,625 Sq Ft Lot
  • Level Lot
  • Property is in excellent condition

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,277 Sq Ft Home
  • 2-Story Property
  • City Views

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Open Parking
  • Assigned Parking

Schools

  • Waikiki Elementary School
  • Kaimuki Middle School
  • Kalani High School

Utilities

  • Central Air
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-3-1-018-008-0000

Community Details

Overview

  • 5 Units
  • Kapahulu Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $12,948
  • Net Operating Income $78,802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,476

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 2014
  • CommunityFeatures: None, Storage Facilities
  • Road Frontage Type: Other
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Closed
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Excellent
  • Topography: Level
  • View: City, Mountain(s), Other, Sunset, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure, See Remarks

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 5.0
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Schools

  • Elementary School: Waikiki
  • High School: Kalani
  • Middle Or Junior School: Kaimuki

Lot Info

  • Parcel Number: 1-3-1-018-008-0000
  • Zoning Description: 07 - R-3.5 Residential District

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 78802.43
  • Annual Operating Expense: 12948.35
  • Tenant Pays: None
  • Total Actual Rent: 9525.0

Tax Info

  • Tax Annual Amount: 4476.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2019
Sold by
23762 Malibu Road Llc
Bought by
Ulanco Acquisitions Llc
Current Estimated Value
$2,162,524

Purchase Details

Listed on
Nov 12, 2016
Closed on
Jan 30, 2017
Sold by
Fala Joseph Michael and Fala Patsy Jinyoung
Bought by
23762 Malibu Road Llc
Seller's Agent
Yvonne Ahearn
Compass
Buyer's Agent
Corinda Wong
Berkshire Hathaway HmSvc HI RE
List Price
$1,850,000
Sold Price
$1,780,000
Premium/Discount to List
-$70,000
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Jan 15, 2012
Sold by
Okubo Bryanakio
Bought by
Fala Joseph Michael and Fala Patsy Jinyoung

Purchase Details

Closed on
Oct 23, 2003
Sold by
Okubo Bryan Akio
Bought by
Okubo Gloria Yoneyo
Source: Public Records

Range of Values:

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Average Value
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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
Ulanco Acquisitions Llc $1,531,500 None Available
23762 Malibu Road Llc $1,780,000 Tg
23762 Malibu Road Llc $1,780,000 Tg
Fala Joseph Michael $745,000 Or
Fala Joseph Michael $745,000 Or
Okubo Gloria Yoneyo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fala Joseph Michael $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $1,780,000 0.0% $543 / Sq Ft
02/03/2017 02/03/17 Sold $1,780,000 -3.8% $543 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
01/04/2017 01/04/17 Pending -- -- --
11/12/2016 11/12/16 For Sale $1,850,000 0.0% $565 / Sq Ft
10/20/2016 10/20/16 For Sale $1,850,000 -- $565 / 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 $13,982 $1,882,000 $1,082,800 $799,200
2024 $13,982 $1,875,600 $1,082,800 $792,800
2023 $13,309 $1,816,600 $1,082,800 $733,800
2022 $11,456 $1,662,500 $962,500 $700,000
2021 $10,324 $1,554,700 $827,800 $726,900
2020 $9,931 $1,517,200 $856,600 $660,600
2019 $9,271 $1,531,500 $847,000 $684,500
2018 $9,271 $1,530,100 $818,100 $712,000
2017 $4,603 $1,395,000 $770,000 $625,000
2016 $4,470 $1,357,200 $741,100 $616,100
2015 $7,550 $1,258,300 $683,400 $574,900
2014 $1,766 $635,300 $635,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201627724

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-1-018-008-0000