NOT LISTED FOR SALE

711 Makaleka Ave Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $3,301,364 - $3,666,000

3 Beds
2 Baths
4,657 Sq Ft
$755/Sq Ft Est. Value

Last Sold February 17, 2020

Last sale price $2,575,000 $553 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $19,164/month

109 Days on Market

About This Home

As of February 2020

Solid concrete building very well maintained with fresh paint. centrally located near stores and bus line, across from Ala Wai golf course. each unit have Washer/ Dryer in the private lanai, assigned cover parking stall. 8 electrical and 1 water meter.

Last Agent to Sell the Property

Joannie Hsieh

Central Pacific Properties Inc License #RB-17499 Listed on: 10/01/2019

Last Buyer's Agent

Reid Ito

Realty Experts Hawaii, Inc. License #RB-20694

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1969

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 4,657 Sq Ft Home
  • 2-Story Property

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Covered Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1-2-7-034-043-0000

Community Details

Overview

  • 7 Units
  • Kapahulu Subdivision

Building Details

  • Operating Expense $26,828
  • Net Operating Income $114,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,740

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1969
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Closed
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Tar/Gravel
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Stucco
  • Lot Features: Cleared, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 7.0

Utilities

  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected

Lot Info

  • Parcel Number: 1-2-7-034-043-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 114172.0
  • Annual Operating Expense: 26828.0
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 11750.0

Tax Info

  • Tax Annual Amount: 5739.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Feb 6, 2020
Sold by
Lu Steven and Lu Serena
Bought by
Yun Song Cha and Song Cha Yun Revocable Living
Seller's Agent
Joannie Hsieh
Central Pacific Properties Inc
Buyer's Agent
Reid Ito
Realty Experts Hawaii, Inc.
List Price
$2,698,000
Sold Price
$2,575,000
Premium/Discount to List
-$123,000
-4.56%
Current Estimated Value
$3,516,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,455
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,100,000
Outstanding Balance
$976,185
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$2,540,270

Purchase Details

Closed on
Dec 26, 2018
Sold by
Rdi Properties Inc
Bought by
Lu Steven and Lu Serena
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
Yun Song Cha $2,575,000 Fntic
Yun Song Cha $2,575,000 Fntic
Lu Steven $2,400,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Song Cha $1,100,000
Closed Yun Song Cha $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2020 02/17/20 Sold $2,575,000 -4.6% $553 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $2,698,000 -- $579 / 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 $8,646 $2,482,900 $1,610,000 $872,900
2024 $8,646 $2,470,300 $1,610,000 $860,300
2023 $7,713 $2,370,300 $1,523,800 $846,500
2022 $7,713 $2,203,600 $1,495,000 $708,600
2021 $7,427 $2,122,000 $1,380,000 $742,000
2020 $4,487 $2,129,100 $1,380,000 $749,100
2019 $5,550 $1,694,200 $1,265,000 $429,200
2018 $5,550 $1,585,600 $1,170,000 $415,600
2017 $5,325 $1,521,500 $1,080,000 $441,500
2016 $4,914 $1,404,000 $960,000 $444,000
2015 $4,562 $1,303,400 $870,000 $433,400
2014 -- $1,230,800 $810,000 $420,800
Source: Public Records

Agents Affiliated with this Home

  • Joannie Hsieh

    Seller's Agent in 2020

    Joannie Hsieh

    Central Pacific Properties Inc

    (808) 228-9088

    75 Total Sales

    Joannie Hsieh
    Section Image
  • Reid Ito

    Buyer's Agent in 2020

    Reid Ito

    Realty Experts Hawaii, Inc.

    (808) 386-4486

    4 Total Sales

    Reid Ito
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201927486

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-034-043-0000

Hawaii Honolulu County Honolulu 96816 Diamond Head-Kapahula-Saint Louis

711 Makaleka Ave, Honolulu, HI

This home is located at 711 Makaleka Ave, Honolulu, HI 96816 since 01 October 2019 and is currently estimated at $3,516,455, approximately $755 per square foot. This property was built in 1969. 711 Makaleka Ave is a home located in Honolulu County with nearby schools including President Thomas Jefferson Elementary School, President George Washington Middle School, and Kaimuki High School.

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 2025 HiCentral MLS, Ltd

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