NOT LISTED FOR SALE

505 Iolani Ave Honolulu, HI 96813

Makiki Neighborhood

Estimated Value: $913,000 - $1,291,910

6 Beds
3 Baths
2,192 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2021

Last sale price $650,000 $297 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,281 / mo

62 Days on Market

Highlights

  • Garden View
  • Interior Lot
  • 1-Story Property
  • President Theodore Roosevelt High School Rated A
  • Card or Code Access
  • 1-minute walk to Dole Community Park

About This Home

As of February 2021

Incredible opportunity to own 3 parcels that are all contiguous with 6 structures. Great location in town and close to everything. This property consists of 3 detached single family homes. Two 3 bedroom, 1 bath homes and a 2 bedroom, 1 bath home. Large shared grassy lawn with lots of fruit trees. Great location in town and close to everything. This parcel is sold together with 1571 Miller St and 1581 Miller St and not sold separately. Sold "As Is".

Last Agent to Sell the Property

Erik Taniguchi

Keller Williams Honolulu License #RB-20223 Listed on: 11/17/2020

Keller Williams Honolulu

Last Buyer's Agent

Tommy Kim

Coldwell Banker Realty License #RS-76201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1955

Lot Details

  • 5,740 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Property is in good condition
  • Zoning described as 12 - A-2 Medium Density Apartme

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,192 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Above Ground Utilities
  • Cable TV Available

Community Details

  • Punchbowl Lower Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 1-2-1-038-016-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,118

Year Built

Built in 1955

Lot Details

5,740 Sq Ft Lot

Listing Details

  • Architectural Style: Detached, Multiplex
  • Inclusions: AC Window Unit,Range/Oven,Refrigerator
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1955
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: PUNCHBOWL-LOWER
  • Unit Levels: One
  • Living Area: 2192.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Interior Lot, Other, Level
  • Pool Features: None
  • Property Condition: Average Condition, Good Condition
  • Topography: Level,Sloping
  • View: Garden
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: On Street

Utilities

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

Lot Info

  • Parcel Number: 1-2-1-038-016-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Tax Info

  • Tax Annual Amount: 4117.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 11, 2021
Sold by
Victor Auyong Trust and Vivian Ho
Bought by
Bkm Investments Llc
Seller's Agent
Erik Taniguchi
Keller Williams Honolulu
Buyer's Agent
Tommy Kim
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$650,000
Premium/Discount to List
-$350,000
-35%
Current Estimated Value
$1,111,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,728
Avg. Annual Appreciation
10.81%
Original Mortgage
$1,650,000
Outstanding Balance
$1,453,996
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
-$342,268

Purchase Details

Closed on
Feb 25, 1997
Sold by
Lum Frank K
Bought by
Auyong Victor Chew Gunn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.86%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Lum Frank K
Bought by
Lum Frank K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Bkm Investments Llc -- Fidelity National Title
Bkm Ivestments Llc $650,000 Fntic
Bkm Ivestments Llc $650,000 Fntic
Auyong Victor Chew Gunn $300,000 --
Lum Frank K -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Bkm Investments Llc $1,650,000
Previous Owner Auyong Victor Chew Gunn $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $650,000 -35.0% $297 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $1,000,000 -- $456 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $4,224 $1,205,100 $1,049,900 $155,200
2024 $4,224 $1,206,800 $1,049,900 $156,900
2023 $4,198 $1,199,400 $1,049,900 $149,500
2022 $3,827 $1,093,300 $949,900 $143,400
2021 $4,114 $1,175,300 $1,024,900 $150,400
2020 $4,118 $1,176,500 $1,024,900 $151,600
2019 $3,405 $1,054,300 $899,900 $154,400
2018 $3,405 $972,800 $824,900 $147,900
2017 $3,238 $925,100 $749,900 $175,200
2016 $3,050 $871,500 $699,900 $171,600
2015 $2,847 $813,500 $646,100 $167,400
2014 -- $729,300 $646,100 $83,200
Source: Public Records

Agents Affiliated with this Home

  • Erik Taniguchi

    Seller's Agent in 2021

    Erik Taniguchi

    Keller Williams Honolulu

    (808) 285-3422

    11 in this area

    251 Total Sales

    Erik Taniguchi
    Section Image
  • Tommy Kim

    Buyer's Agent in 2021

    Tommy Kim

    Coldwell Banker Realty

    (808) 779-1416

    4 in this area

    54 Total Sales

    Tommy Kim
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202029423

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-1-038-016-0000

Hawaii Honolulu County Honolulu 96813 Makiki

505 Iolani Ave, Honolulu, HI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2026 HiCentral MLS, Ltd

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