NOT LISTED FOR SALE

Estimated Value: $2,197,000 - $3,033,000

-- Bed
1 Bath
3,886 Sq Ft
$694/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $2,575,000 $663 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,728/month

12 Days on Market

Highlights

  • City View
  • Level Lot
  • 2-minute walk to Sheridan Community Park
  • Property is in very good condition

About This Home

As of November 2022

FIRST TIME ON THE MARKET! RARE JEWEL. 5-unit, A-2 zoned, 3-story masonry bldg with EXCEPTIONALLY LARGE UNITS. Four 2BR/1BA units and one 3BR/2BA unit on an 5,808 sq ft lot! Bldg features 8 covered parking stalls, separate electric meters, separate water heaters in each unit, coin operated W/D for tenants & 4 of the 5 units have covered lanais! Beautifully-maintained bldg w/great rental income potential ideally located near Ala Moana Shopping Center/Beach, Kakaako, Downtown, Wal-Mart, shops & restaurants!

Last Agent to Sell the Property

Michelle Nouchi Ogata

REMAX Hawaii License #RS-59688 Listed on: 09/30/2022

REMAX Hawaii

Co-Listed By

Myron Kiriu

REMAX Hawaii License #RB-17242

Last Buyer's Agent

Vincent Lao

Five Star Realty, Inc. License #RB-18181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,540

Year Built

  • Built in 1972

Lot Details

  • 5,808 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 3,886 Sq Ft Home
  • 3-Story Property
  • City Views

Parking

  • 8 Parking Spaces
  • Covered Parking
  • Assigned Parking

Schools

  • Kaahumanu Elementary School
  • Stevenson Middle School
  • Mckinley High School

Utilities

  • Underground Utilities

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,540

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 3886
  • Stories Type: Three
  • Year Built: 1972
  • Attribution Contact: (808) 738-3600
  • Special Features: None
  • Stories: 3

Interior Features

  • Amenities: None

Exterior Features

  • Construction Type: Concrete, Slab
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Above Average
  • Topography: Level
  • View: City

Garage/Parking

  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 8

Utilities

  • Utilities: Public Water, Underground Electricity
  • Sewer: Connected

Schools

  • Elementary School: Kaahumanu
  • High School: Mckinley
  • Middle Or Junior School: Stevenson

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 5539.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Lou Chak Chan Revocable Living Trust and Shirley Kwong Yee Chan Revocable Living
Bought by
Chan Lou Chak and Chan Shirley Kwong
Current Estimated Value
$2,695,208

Purchase Details

Closed on
May 17, 2007
Sold by
Loui Ella Wai King Pong
Bought by
Loui Ella Pong and Ella Pong Loui Revocable Trust
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
Chan Lou Chak -- None Listed On Document
Loui Ella Pong -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Off Market $2,575,000 -- --
11/16/2022 11/16/22 Sold $2,575,000 +3.0% $663 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $2,500,000 -- $643 / 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 $7,121 $2,041,100 $1,481,000 $560,100
2024 $7,121 $2,034,500 $1,481,000 $553,500
2023 $5,563 $1,829,300 $1,481,000 $348,300
2022 $5,307 $1,656,300 $1,393,900 $262,400
2021 $5,540 $1,722,800 $1,452,000 $270,800
2020 $5,424 $1,689,600 $1,393,900 $295,700
2019 $5,413 $1,666,700 $1,364,900 $301,800
2018 $4,769 $1,482,500 $1,190,600 $291,900
2017 $5,278 $1,628,000 $1,132,600 $495,400
2016 $5,082 $1,572,100 $1,074,500 $497,600
2015 $4,577 $1,427,800 $958,300 $469,500
2014 $4,372 $1,318,000 $871,200 $446,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202216275

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-014-037-0000