NOT LISTED FOR SALE

71 Kauila St Unit A B C D E Honolulu, HI 96813

Nuuanu-Punchbowl Neighborhood

Estimated Value: $1,495,571 - $1,631,000

-- Bed
1 Bath
-- Sq Ft
6,480 Sq Ft Lot

Last Sold July 24, 2019

Last sale price $1,145,000

Est. 40% increase in value since last sale

Current estimated payment $9,347/month

139 Days on Market

Highlights

  • City View
  • President Theodore Roosevelt High School Rated A
  • Level Lot

About This Home

As of July 2019

Rarely available five unit apartment complex in lower Nuuanu. 4-2/BR units and 1-1/BR unit. Storage off street parking plus garage. Each unit has its own W/D hook up on property. Very convenient to downtown, Nuuanu and the Pali. Rents have been kept low due to long term tenants sub not subject to leases. Property is in good condition. Bldg has vinyl siding. Storage room 300 sq.ft. appx Unit E has solar panel installed in 2012. City's public water and sewer line have been recently updated. Main roof replaced in 2005 & 2012.Carport roof replaced 2008. Garage painted in Jan. 2019

Last Agent to Sell the Property

Erminia Caracciolo

Savio Realty Ltd. License #RS-59075 Listed on: 02/05/2019

Last Buyer's Agent

Brian Chua

Five Star Realty, Inc. License #RB-21314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1949

Lot Details

  • 6,480 Sq Ft Lot
  • Level Lot

Property Views

  • City
  • Garden

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking

Utilities

  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-2-001-041-0000

Community Details

Overview

  • 5 Units
  • Nuuanu Lower Subdivision

Building Details

  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1949
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Closed
  • Subdivision Name: NUUANU-LOWER
  • Unit Levels: Two
  • Roof: Asphalt, Composition, Metal, Other, Shingle
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Vinyl Siding, Wood Frame
  • Lot Features: Corner Lot, Other, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: City, Garden, Other
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Covered, Open
  • Total Parking Spaces: 4.0
  • Open Parking: Yes

Utilities

  • Utilities: Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Private

Lot Info

  • Parcel Number: 1-2-2-001-041-0000
  • Zoning Description: 11 - A-1 Low Density Apartment

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 10000.0
  • Tenant Pays: Cable TV, Electricity, Other
  • Total Actual Rent: 5250.0

Tax Info

  • Tax Annual Amount: 3483.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Great East Limited Liability Company
Bought by
Fusheng Investment Llc
Current Estimated Value
$1,608,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$933,964
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$688,651

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jul 22, 2019
Sold by
Lee Michael J W and Living Trust Of Michael J W Le
Bought by
Great East Limited Liability Company
Seller's Agent
Erminia Caracciolo
Savio Realty Ltd.
Buyer's Agent
Brian Chua
Five Star Realty, Inc.
List Price
$1,399,000
Sold Price
$1,145,000
Premium/Discount to List
-$254,000
-18.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$600,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2017
Sold by
Lee Lydia L T and Lydia L T Lee Trust
Bought by
Lee Michael J W and Living Trust Of Michael J W Le

Purchase Details

Closed on
Jan 21, 2010
Sold by
Lee Lydia L T and Lee Michael
Bought by
Lee Lydia L T and Lydia L T Lee Trust

Purchase Details

Closed on
Apr 7, 2005
Sold by
Lee Lydia L T
Bought by
Lee Lydia L T and Lee Michael

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bank Of Hawaii
Bought by
Rga Corp

Purchase Details

Closed on
Aug 25, 1998
Sold by
Larm Marvin Lin Wah
Bought by
Larm Marvin Lin Wah and Marvin Lin Wah Larm 1986 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.91%
Mortgage Type
Assumption
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
Fusheng Investment Llc $1,580,000 Title Guaranty & Escrow Servic
Fusheng Investment Llc $1,580,000 Title Guaranty & Escrow Servic
Great East Limited Liability Company $1,145,000 Fam
Great East Limited Liability Company $1,145,000 Fam
Lee Michael J W -- None Available
Lee Michael J W -- None Available
Lee Lydia L T -- None Available
Lee Lydia L T -- --
Rga Corp -- --
Larm Marvin Lin Wah -- Island Title Corp
Larm Marvin Lin Wah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fusheng Investment Llc $1,000,000
Closed Fusheng Investment Llc $1,000,000
Previous Owner Great East Llc $816,800
Previous Owner Great East Limited Liability Company $600,000
Previous Owner Hawaii Pacific Fcu $24,000
Previous Owner Larm Marvin Lin Wah $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2019 07/24/19 Sold $1,145,000 -18.2% --
06/24/2019 06/24/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $1,399,000 -- --
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 $5,571 $1,590,000 $1,319,800 $270,200
2024 $5,571 $1,591,600 $1,319,800 $271,800
2023 $5,546 $1,584,500 $1,319,800 $264,700
2022 $2,784 $1,479,900 $1,222,000 $257,900
2021 $4,791 $1,368,900 $1,099,800 $269,100
2020 $4,482 $1,280,600 $1,160,900 $119,700
2019 $3,484 $1,188,200 $1,069,300 $118,900
2018 $3,484 $1,115,400 $1,004,400 $111,000
2017 $3,421 $1,097,400 $946,100 $151,300
2016 $3,275 $1,055,600 $907,200 $148,400
2015 $3,289 $1,059,800 $861,800 $198,000
2014 $3,256 $1,023,300 $831,100 $192,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201903798

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-2-001-041-0000