NOT LISTED FOR SALE

Estimated Value: $2,845,000 - $2,935,000

-- Bed
12 Baths
10,500 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $2,750,000 $262 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,016/month

21 Days on Market

Highlights

  • Coastline Views
  • Property is in excellent condition
  • Level Lot

About This Home

As of March 2022

NEW roof, NEW rain gutters and NEW exterior painting just done. 6 out 10 residential units fully renovated. SOLID 4-story concrete building located within 1/4 mile TOD ZONE. 2 Large Warehouse Units (each with a bathroom), 3 - 3 Bedrooms, 7 - 2 Bedrooms. 12 units total with 4 covered parking.Ample street front parking always available. Building: 6,180 sf (2,060 sf per residential floor), approximately 4,320 sf between 2 warehouse units = Total 10,500 sf. Great for owner use or savvy investor for high returns.

Last Agent to Sell the Property

Esther Kusunoki

List Sotheby's Int'l Realty License #RB-21002 Listed on: 01/12/2022

Last Buyer's Agent

Vincent Lao

Five Star Realty, Inc. License #RB-18181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,491

Year Built

  • Built in 1962 | Remodeled in 2021

Lot Details

  • 4,210 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in excellent condition

Property Views

  • Coastline
  • City

Home Design

  • 10,500 Sq Ft Home

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Assigned Parking

Utilities

  • Gas Available
  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 12 Units
  • Mid-Rise Condominium

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,491

Year Built

Built in 1962 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 10500
  • Stories Type: 4-7
  • Year Built: 1962
  • Year Renovated: 2021
  • Special Features: None

Interior Features

  • Amenities: None

Exterior Features

  • Construction Type: Concrete, Hollow Tile
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Excellent
  • Topography: Level
  • View: City, Coastline

Garage/Parking

  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Connected

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 20490.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
Fukumoto Keiko
Bought by
Puuhale Dragon Llc
Current Estimated Value
$2,903,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2002
Sold by
Rmn Family Partners
Bought by
Fukumoto Keiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 1996
Sold by
Davis Edna Kathryn and Davis George Walter
Bought by
Sarmiento Elmer A and Sarmiento Mahealani A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
8.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 1994
Sold by
Nakamura Roy M and Nakamura Gail N
Bought by
Rmn Family Partners
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
Puuhale Dragon Llc $1,937,500 Fntic
Puuhale Dragon Llc -- Fntic
Fukumoto Keiko $800,000 --
Sarmiento Elmer A $125,000 First Hawaii Title Corp
Rmn Family Partners $775,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ja Capital Llc $2,200,000
Closed Ja Capital Llc $2,200,000
Closed Yamanouchi Eri $1,450,000
Closed Hawaiiusa Federal Credit Union $1,450,000
Closed Puuhale Dragon Llc $1,450,000
Previous Owner Fukumoto Keiko $236,000
Previous Owner Rmn Family Partners $500,000
Previous Owner Sarmiento Elmer A $129,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $2,750,000 0.0% $262 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $2,750,000 -- $262 / 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 $26,357 $2,187,200 $1,060,900 $1,126,300
2024 $26,357 $2,125,600 $1,016,700 $1,108,900
2023 $26,147 $2,108,600 $1,016,700 $1,091,900
2022 $20,546 $1,656,900 $884,100 $772,800
2021 $20,491 $1,652,500 $842,000 $810,500
2020 $20,641 $1,664,600 $799,900 $864,700
2019 $15,437 $1,370,600 $708,700 $661,900
2018 $15,437 $1,244,900 $593,800 $651,100
2017 $15,507 $1,250,600 $536,300 $714,300
2016 $15,036 $1,212,600 $498,000 $714,600
2015 $14,308 $1,153,900 $459,700 $694,200
2014 -- $1,127,800 $440,600 $687,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202200685

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-2-012-001-0000