$975,000
SOLD JUL 31, 2017
-- Bed
-- Bath
2,448 Sq Ft
0.35 Acres

Recently Sold

$398 Per Sq Ft

18% Below List Price

243 Days on Market

About This Home

As of July 2017

Nestled at the foot of the Koolau Mountain Range rests a legal duplex consisting of 4 bedrooms 2 baths upstairs and 4 bedrooms 2 baths downstairs on a 15,313 sq ft lot zoned R-5 with plenty room to build a 2nd dwelling. The dwelling currently consists of 4 units with separate entrances (two are nonconforming). The upstairs has a 3 bedroom 1 bath unit plus a studio with 1 full bath. The downstairs has the same layout. Great rental history and income. There are two water and two electric meters. Sold as is.

Last Agent to Sell the Property

Gail Kosiorek

Fidelity Properties License #RB-14033 Listed on: 10/31/2016

Last Buyer's Agent

Gail Kosiorek

Fidelity Properties License #RB-14033 Listed on: 10/31/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,188

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Wooded Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Parking

  • 8 Parking Spaces
  • Open Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 1-4-7-050-014-0000

Community Details

Overview

  • 4 Units
  • Ahuimanu Area Subdivision

Building Details

  • Operating Expense $2,424
  • Net Operating Income $62,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,188

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1972
  • CommunityFeatures: None
  • MLS Status: Closed
  • Subdivision Name: AHUIMANU AREA
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Hollow Tile
  • Lot Features: Cleared, Wooded, Level
  • Property Condition: Average Condition
  • Topography: Level,Sloping
  • View: Mountain(s), Ocean
  • View: Yes
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed, Seller Disclosure

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 8.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-4-7-050-014-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 62340.0
  • Annual Operating Expense: 2424.0
  • Tenant Pays: Cable TV, Electricity, Other, Water
  • Total Actual Rent: 5397.0

Tax Info

  • Tax Annual Amount: 6188.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jul 24, 2017
Sold by
Zach Marek and Zach Grazyna
Bought by
Kosiorek Gail Ann
Seller's Agent
Gail Kosiorek
Fidelity Properties
Buyer's Agent
Gail Kosiorek
Fidelity Properties
List Price
$1,188,888
Sold Price
$975,000
Premium/Discount to List
-$213,888
-17.99%
Current Estimated Value
$1,476,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,027
Avg. Annual Appreciation
5.40%
Original Mortgage
$250,000
Interest Rate
3.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2007
Sold by
Zach Marek and Kosiorek Gail Ann
Bought by
Zach Marek and Zach Grazyna

Purchase Details

Closed on
Nov 23, 2005
Sold by
Dias Sasha Elise Kalaniaiomaomaokukoiuiu
Bought by
Zach Marek and Kosiorek Gail Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 5, 2005
Sold by
Kapahu Mark Kent and Kapahu Mayvis Bethany
Bought by
Dias Sasha Elise Kalaniaiomaomaokukoiuiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
11.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 17, 2004
Sold by
Kapahu Beverly Anne Duarte
Bought by
Kapahu Beverly A and Beverly A Kapahu Trust
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 Type Sale Price Title Company
Warranty Deed $487,500 Old Republic Title & Escrow
Warranty Deed $487,500 Old Republic Title & Escrow
Interfamily Deed Transfer -- None Available
Deed $755,000 --
Warranty Deed $300,000 Itc
Interfamily Deed Transfer -- Itc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $692,250 New Conventional
Closed $250,000 Stand Alone Second
Previous Owner $470,000 Fannie Mae Freddie Mac
Previous Owner $430,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Rented $1,800 0.0% --
01/13/2020 01/13/20 For Rent $1,800 0.0% --
07/31/2017 07/31/17 Sold $975,000 0.0% $398 / Sq Ft
07/31/2017 07/31/17 Sold $975,000 +55614.3% $398 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
07/01/2017 07/01/17 Pending -- -- --
10/31/2016 10/31/16 Rented $1,750 0.0% --
10/31/2016 10/31/16 For Sale $1,188,888 +0.1% $486 / Sq Ft
10/31/2016 10/31/16 For Sale $1,188,000 0.0% $485 / Sq Ft
10/31/2016 10/31/16 For Rent $1,750 -- --
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 $9,920 $1,625,000 $1,121,600 $503,400
2024 $9,920 $1,519,300 $1,121,600 $397,700
2023 $9,447 $1,477,800 $1,045,800 $432,000
2022 $7,647 $1,299,700 $909,400 $390,300
2021 $6,677 $1,207,300 $909,400 $297,900
2020 $6,111 $1,153,400 $826,000 $327,400
2019 $7,097 $1,247,300 $871,500 $375,800
2018 $5,415 $1,101,700 $727,500 $374,200
2017 $5,105 $1,067,200 $704,800 $362,400
2016 $6,188 $1,031,400 $674,500 $356,900
2015 $6,052 $1,008,600 $697,200 $311,400
2014 -- $904,100 $606,300 $297,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201627052

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-7-050-014-0000