NOT LISTED FOR SALE

Estimated Value: $1,497,774 - $1,739,000

8 Beds
4 Baths
2,576 Sq Ft
$614/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $1,299,000 $504 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,785/month

36 Days on Market

Highlights

  • City View
  • Level Lot
  • 4-minute walk to Date Street Mini Park

About This Home

As of April 2020

Multi-family living in town! Front Building: 1232 sq. ft.; top and bottom two two-bed, one bath units. Back building: 1344 sq. ft; side by side two two-bed, one and one-half bath units. Tenants monthly rent: $4550. Four electric meters. Tenants pay electric and cable. All tenants M-T-M. Front building comes with one washer. Covered parking for three cars, uncovered parking for two cars. Street parking also available. Building has deferred maintenance and is priced accordingly. Please submit offer subject to inspection. No sign on property. Please do not disturb the tenants. Please do not walk on property.

Last Agent to Sell the Property

Norman Banta

Drop - 2023 License #RB-20545 Listed on: 02/17/2020

Last Buyer's Agent

Melanie Siu

Hawaii Resource Realty License #RS-68402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,640

Year Built

  • Built in 1951

Lot Details

  • 5,449 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • City Views
  • Washer

Parking

  • 5 Parking Spaces
  • Covered Parking
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-7-012-052-0000

Community Details

Overview

  • 4 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $14,540
  • Net Operating Income $40,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,640

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1951
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • NAV29_Unit_1_Appliances: Washer
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Composition
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Open
  • Total Parking Spaces: 5.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-2-7-012-052-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 40060.0
  • Annual Operating Expense: 14540.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 4550.0

Tax Info

  • Tax Annual Amount: 4639.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Apr 20, 2020
Sold by
Nakamura Ruth E and Nakamura Lois M
Bought by
Chen Jin Yu and Cao Mark
Seller's Agent
Norman Banta
Drop - 2023
Buyer's Agent
Melanie Siu
Hawaii Resource Realty
List Price
$1,299,000
Sold Price
$1,299,000
Current Estimated Value
$1,581,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,694
Avg. Annual Appreciation
5.32%
Original Mortgage
$920,000
Outstanding Balance
$817,030
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$903,332

Purchase Details

Closed on
Feb 12, 2020
Sold by
Nakamura Ruth E
Bought by
Nakamura Ruth E and Nakamura Lois M

Purchase Details

Closed on
Apr 24, 1998
Sold by
Nakamura Toshie
Bought by
Nakamura Toshie and Toshie Nakamura Residuary 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 Buyer Sale Price Title Company
Chen Jin Yu $1,299,000 Premier Title
Chen Jin Yu $1,299,000 Premier Title
Nakamura Ruth E -- None Available
Nakamura Ruth E -- None Available
Nakamura Ruth E -- None Available
Nakamura Toshie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jin Yu $920,000
Closed Chen Jin Yu $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold $1,299,000 0.0% $504 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $1,299,000 -- $504 / 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 $5,189 $1,485,500 $1,307,500 $178,000
2024 $5,189 $1,482,600 $1,307,500 $175,100
2023 $4,898 $1,399,500 $1,227,500 $172,000
2022 $4,605 $1,315,700 $1,174,100 $141,600
2021 $4,444 $1,269,800 $1,120,700 $149,100
2020 $5,002 $1,429,000 $1,280,800 $148,200
2019 $4,112 $1,325,600 $1,174,100 $151,500
2018 $4,112 $1,174,900 $1,027,500 $147,400
2017 $4,078 $1,165,100 $992,700 $172,400
2016 $3,643 $1,040,900 $871,800 $169,100
2015 $3,654 $1,044,100 $853,900 $190,200
2014 -- $950,200 $762,900 $187,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202003118

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-012-052-0000