$1,900,000
UNDER CONTRACT $200K PRICE DROP

Estimated payment $12,507/month

Total Views 6,715
-- Bed
-- Bath
2,164 Sq Ft
$878 Price per Sq Ft

Highlights

  • 20,153 Sq Ft lot
  • Home fronts a canal
  • Property is near a preserve or public land
  • Pauoa Elementary School Rated A-
  • Views

About This Home

Property like this rarely comes on the market, with over 20,000 sqft of usable land zoned R-5 in the center of Honolulu! This gently-downsloped, nicely-shaped parcel has plenty of parking and is convenient to transportation. From its sweeping lawns, the mountain and valley views are spectacular. The owners have a topo map plus schematic designs for development of five homes, with sewer connections approved at that time, subject to re-applying--or buyers may build their own dreams! The two houses on the property have some solid qualities and are occupied by tenants, but the property is being sold well below the Assessed Value of even just the land. Don’t miss this amazing opportunity!
Also listed on MLS under Single-Family MLS #202417895.

Listing Agent

Douglas Shanefield

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RS-54692 Listed on: 08/15/2024

Coldwell Banker Realty

Co-Listing Agent

Carlyle Handley

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RB-23259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,164

Year Built

  • Built in 1942

Lot Details

  • 0.46 Acre Lot
  • Home fronts a canal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,164 Sq Ft Home
  • 2-Story Property
  • Property Views

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking

Schools

  • Pauoa Elementary School
  • Kawananakoa Middle School
  • Roosevelt High School

Utilities

  • Cesspool

Community Details

  • 2 Units
  • Punchbowl Area Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 1-2-2-013-054-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,164

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Co List Office Mls Id: CBPP
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1942
  • Attribution Contact: (808) 596-0456
  • CommunityFeatures: None
  • Road Frontage Type: Canal, Preservation
  • Co List Office Phone: (808) 596-0456
  • MLS Status: Active Under Contract
  • Subdivision Name: PUNCHBOWL AREA
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Furnished: Unfurnished
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Cleared, Corner Lot
  • Property Condition: Average Condition, Repairs Major, Tear Down / Value in Land
  • Topography: Sloping
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Covered, Open
  • Total Parking Spaces: 4.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Sewer Available, Water Available
  • Sewer: Cesspool
  • Water Source: Public

Schools

  • Elementary School: Pauoa
  • High School: Roosevelt
  • Middle Or Junior School: Kawananakoa

Lot Info

  • Parcel Number: 1-2-2-013-054-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 24164.4

Map

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

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 $24,164 $2,636,700 $2,545,500 $91,200
2024 $24,164 $2,768,800 $2,517,800 $251,000
2023 $15,953 $2,048,500 $1,813,800 $234,700
2022 $11,343 $1,651,700 $1,511,500 $140,200
2021 $10,067 $1,530,200 $1,310,000 $220,200
2020 $9,913 $1,515,500 $1,268,200 $247,300
2019 $9,537 $1,479,700 $1,186,400 $293,300
2018 $8,111 $1,401,200 $1,186,400 $214,800
2017 $8,190 $1,410,000 $1,054,600 $355,400
2016 $7,301 $1,216,800 $914,000 $302,800
2015 $7,106 $1,184,300 $896,400 $287,900
2014 -- $1,123,900 $896,400 $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Price Changed $1,900,000 0.0% $878 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,900,000 -9.5% $878 / Sq Ft
08/15/2024 08/15/24 For Sale $2,100,000 0.0% $970 / Sq Ft
08/15/2024 08/15/24 For Sale $2,100,000 -- $970 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Commissioners Deed $1,000,025 Tg
Commissioners Deed $1,000,025 Tg
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed $309,400 None Available
Quit Claim Deed $309,400 None Available
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202417894

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-2-013-054-0000