NOT LISTED FOR SALE

409 Iolani Ave Unit 404 Honolulu, HI 96813

Makiki Neighborhood

Estimated Value: $351,000 - $460,000

2 Beds
2 Baths
710 Sq Ft
10,324 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $409,000 $576 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,219/month

75 Days on Market

Highlights

  • City View
  • Corner Lot
  • Laundry Facilities
  • President Theodore Roosevelt High School Rated A
  • Ceiling Fan
  • 2-minute walk to Dole Community Park

About This Home

As of July 2023

What a superb location! Two Bedroom, Two Bath, Two PARKING in town! Nice upgrades within the last two years include kitchen cabinetry, countertops, deep sink and appliances including a gas stove, light oak laminated flooring, bathroom tile tub surround, tiled shower, tile flooring, vanity and sinks, new toilets, carpeted bedrooms and smooth ceilings. Terrific amount of closet space and nicely sized rooms. Community laundry. Breezy and cool. Close to downtown Honolulu, Queens Medical Center, easy access to freeway Pali Highway and bus lines. Quick drive to beaches, shopping and restaurants. Maintenence fee includes electricity, gas, sewer and water. Additional fee is for two window a/c. Back gate entrance from Iolani Ave.--only four steps to fourth floor, great for moving, or bringing in groceries. Building is scheduled to be painted within next 6 months. Access to building and parking is from Magellan Ave. Move-in ready and easy to see! Property tax is 2023 assessed value.

Last Agent to Sell the Property

Nina Pfaffenbach

Landmark Real Estate LLC License #RB-19002 Listed on: 05/05/2023

Last Buyer's Agent

Ciara Agustin

Coldwell Banker Realty License #RS-84614

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1971 | Remodeled in 2020

Lot Details

  • Property is in excellent condition

Home Design

  • Masonry

Interior Spaces

  • 710 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • City Views

Kitchen

  • Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Covered Space
  • On-Street Parking
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include common expenses
  • Low-Rise Condominium
  • Kaneda Courts Condos

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,056

Year Built

Built in 1971 | Remodeled in 2020

Lot Details

0

Listing Details

  • Architectural Style: Low-Rise 6 or Less Stories, Walk-Up
  • Building Name: Kaneda Courts
  • Inclusions: AC Window Unit, Cable TV, Ceiling Fan, Dishwasher, Disposal, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector
  • PropertyFrontage: Other
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 710
  • Fill Sq Ft Total: 710
  • Year Built: 1971
  • Year Renovated: 2020
  • Attribution Contact: (808) 973-1302
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: Community Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Other, W/W Carpet
  • Entry Floor: 4
  • Furnished: Partial
  • Unit Features: Corner/End

Exterior Features

  • Construction Type: Masonry/Stucco
  • Flood Zone: Zone X
  • Property Condition: Excellent, Above Average
  • View: City

Garage/Parking

  • Parking Features: Assigned, Covered - 1, Open - 1, Street
  • Total Parking Spaces: 2

Association/Amenities

  • AssociationFee2Includes: Other Common Expenses

Multi Family

  • Maintenance Expense: 751.55

Tax Info

  • Tax Annual Amount: 1056.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 14, 2023
Sold by
Dunham Ryan Emma
Bought by
Leopando Agustin Ciara
Seller's Agent
Nina Pfaffenbach
Landmark Real Estate LLC
Buyer's Agent
Ciara Agustin
Coldwell Banker Realty
List Price
$430,000
Sold Price
$409,000
Premium/Discount to List
-$21,000
-4.88%
Current Estimated Value
$390,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,545
Avg. Annual Appreciation
0.16%
Original Mortgage
$394,378
Outstanding Balance
$386,390
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$23,973

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 16, 2018
Sold by
Kaneda Glenn Masami and Kim Lynne Sumie Kaneda
Bought by
Dunham Ryan Kawika
Seller's Agent
Alan Kaneda
Kaneda Realty LLC
Buyer's Agent
Michael Sylva
Drop - 2023
List Price
$380,000
Sold Price
$345,000
Premium/Discount to List
-$35,000
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$270,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2017
Sold by
Association Of Apartment Owners Of Kaned
Bought by
Kaneda Glenn Masami and Kim Lynne Sumie Kaneda

Purchase Details

Closed on
Jun 8, 2017
Sold by
Kaneda Dorothy F and Kaneda Revocable Liv William T
Bought by
Kaneda Dorothy F and Kaneda Revocable Liv William T

Purchase Details

Closed on
Aug 30, 2001
Sold by
Crw Associates
Bought by
Kaneda Glenn Masami and Kim Lynne Sumie Kaneda
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
Leopando Agustin Ciara -- Fidelity National Title
Dunham Ryan Kawika -- Tg
Dunham Ryan Kawika -- Tg
Kaneda Glenn Masami $185,267 Tg
Kaneda Glenn Masami $185,267 Tg
Kaneda Dorothy F -- Accommodation
Kaneda Dorothy F -- Accommodation
Kaneda Glenn Masami -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leopando Agustin Ciara $394,378
Previous Owner Dunham Ryan Kawika $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $409,000 0.0% $576 / Sq Ft
07/05/2023 07/05/23 Off Market $409,000 -- --
05/05/2023 05/05/23 For Sale $430,000 +24.6% $606 / Sq Ft
08/22/2018 08/22/18 Sold $345,000 -9.2% $486 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $380,000 -- $535 / 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 $1,091 $425,000 $160,800 $264,200
2024 $1,091 $431,700 $160,800 $270,900
2023 $882 $401,500 $160,800 $240,700
2022 $882 $351,900 $145,500 $206,400
2021 $854 $343,900 $157,000 $186,900
2020 $1,005 $387,000 $157,000 $230,000
2019 $1,224 $378,600 $137,800 $240,800
2018 $1,224 $349,800 $126,400 $223,400
2017 $1,162 $331,900 $114,900 $217,000
2016 $1,134 $324,100 $107,200 $216,900
2015 $1,094 $312,600 $103,400 $209,200
2014 $1,003 $312,900 $103,400 $209,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202310301

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-1-021-059-0012