NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $5,232,000

21 Beds
12 Baths
7,192 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $4,500,000 $626 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $23,040/month

160 Days on Market

Highlights

  • City View
  • 35,491 Sq Ft lot
  • Property is in very good condition
  • Maemae Elementary School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of July 2022

Listed under assessment value with over 35,000 Sq Ft lot in R-5 Zoning. Multiple Dwellings . Three duplex in the back, middle dwelling has 3/2 and 5 parking space underneath. Front main house has 5 bedroom 3 baths plus the studio. Total of 5 dwelling multi-family residential units Rarely available with this size lot in this neighborhood. Many units were recently renovated. Super convenient location, close to Chinatown & downtown. Ample parking in this large lot. Submit offers subject to inspection. Think about the possibilities. See supplement for sewer line approval for 8 units applied on 3/1/22 & short term rental disclosure DPP and sea level rise disclosure.

Last Agent to Sell the Property

Elaine Chow

Locations LLC License #RB-21945 Listed on: 12/08/2021

Last Buyer's Agent

Kathy Tswei

Pan Pacific Realty, LLC. License #RB-18713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,640

Year Built

  • Built in 1965 | Remodeled in 2020

Lot Details

  • 0.81 Acre Lot
  • Level Lot
  • Irregular Lot
  • Property is in very good condition

Property Views

  • City
  • Mountain

Interior Spaces

  • 7,192 Sq Ft Home
  • 1-Story Property
  • Partially Furnished

Parking

  • 10 Parking Spaces
  • Assigned Parking

Utilities

  • Underground Utilities
  • Gas Available
  • Cable TV Available

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,640

Year Built

Built in 1965 | Remodeled in 2020

Lot Details

0

Listing Details

  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 7192
  • Stories Type: One
  • Year Built: 1965
  • Year Renovated: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: None
  • Furnished: Partial

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Irregular
  • Property Condition: Above Average, Average
  • Topography: Level
  • View: City, Mountain

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 10

Utilities

  • Utilities: Cable, Gas, Underground Electricity, Water
  • Sewer: Connected

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 17640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jul 11, 2022
Sold by
Top Well Development Llc
Bought by
R3r Investment Llc
Seller's Agent
Elaine Chow
Locations LLC
Buyer's Agent
Kathy Tswei
Pan Pacific Realty, LLC.
List Price
$4,988,000
Sold Price
$4,500,000
Premium/Discount to List
-$488,000
-9.78%
Current Estimated Value
$3,942,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$557,178
Avg. Annual Appreciation
-4.15%
Original Mortgage
$1,500,000
Outstanding Balance
$1,432,844
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$2,509,978

Purchase Details

Closed on
Dec 22, 2014
Sold by
Kotoshirodo Ronald K
Bought by
Top Well Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2005
Sold by
Kotoshirodo Ronald K
Bought by
Pumehana Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.79%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
Not Available
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
R3r Investment Llc -- Title Guaranty & Escrow Servic
R3r Investment Llc -- Title Guaranty & Escrow Servic
Top Well Development Llc $4,000,000 Fam
Top Well Development Llc $4,000,000 Fam
Pumehana Associates $3,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R3r Investment Llc $1,500,000
Closed R3r Investment Llc $1,500,000
Previous Owner Top Well Development Llc $2,800,000
Previous Owner Pumehana Associates $1,200,000
Previous Owner Pumehana Associates $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2022 07/17/22 Off Market $4,500,000 -- --
07/15/2022 07/15/22 Sold $4,500,000 -9.8% $626 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $4,988,000 0.0% $694 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $4,988,000 -- $694 / 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 $19,181 $5,478,200 $4,640,100 $838,100
2024 $19,181 $5,480,200 $4,640,100 $840,100
2023 $19,093 $5,455,000 $4,640,100 $814,900
2022 $17,544 $5,012,700 $4,514,700 $498,000
2021 $17,633 $5,038,100 $4,514,700 $523,400
2020 $19,410 $5,545,800 $5,016,300 $529,500
2019 $15,491 $5,054,200 $4,514,700 $539,500
2018 $15,491 $4,426,000 $3,887,600 $538,400
2017 $15,860 $4,531,300 $3,887,600 $643,700
2016 $20,237 $5,781,900 $5,226,100 $555,800
2015 $9,202 $2,629,000 $1,987,500 $641,500
2014 $7,128 $2,120,400 $1,317,800 $802,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202130283

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-8-019-004-0000