NOT LISTED FOR SALE

Estimated Value: $1,813,000 - $2,429,560

-- Bed
1 Bath
3,540 Sq Ft
$592/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $1,660,000 $469 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,488/month

36 Days on Market

Highlights

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

About This Home

As of August 2016

Great apartment building opportunity! 7 unit masonry apartment building. 6 one bedroom units, 1 two bedroom unit, and 6 parking stalls located in the ideal location. Close to public transportation, schools, Waikiki, Downtown, and shopping. Separately metered for electric. Please do not bother tenants. Financial information is based upon actual numbers.

Last Agent to Sell the Property

Myron Kiriu

BHGRE Advantage Realty License #RB-17242 Listed on: 05/27/2016

BHGRE Advantage Realty

Last Buyer's Agent

Myron Kiriu

BHGRE Advantage Realty License #RB-17242 Listed on: 05/27/2016

BHGRE Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1958

Lot Details

  • 4,255 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property
  • City Views

Laundry

  • Laundry in unit
  • Washer

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-7-011-033-0000

Community Details

Overview

  • 7 Units
  • Moiliili Subdivision

Building Details

  • Operating Expense $30,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,420

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1958
  • CommunityFeatures: None, Other
  • LaundryFeatures: In Unit
  • NAV29_Unit_1_Appliances: Washer
  • MLS Status: Closed
  • Subdivision Name: MOILIILI
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Brick, Masonry, Single Wall, Stucco, Wood Frame
  • Lot Features: Cleared, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: None
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Covered, Open
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-011-033-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 60000.0
  • Annual Operating Expense: 30000.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 7500.0

Tax Info

  • Tax Annual Amount: 3420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 26, 2016
Sold by
Ho Delton H T and Ho Carol T
Bought by
Ke Akua Pu Llc
Seller's Agent
Myron Kiriu
BHGRE Advantage Realty
Buyer's Agent
Myron Kiriu
BHGRE Advantage Realty
List Price
$1,688,000
Sold Price
$1,660,000
Premium/Discount to List
-$28,000
-1.66%
Total Days on Market
36
Current Estimated Value
$2,095,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,187
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
Jan 7, 2009
Sold by
Ho Delton Hung Tung and Ho Carol Toshiko
Bought by
Ho Delton H T and Ho Carol T

Purchase Details

Closed on
Jul 23, 2007
Sold by
Star Investment Co Lllp
Bought by
Ho Delton Hung Tung and Ho Carol Toshiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
6.73%
Mortgage Type
Commercial
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
Ke Akua Pu Llc $1,660,000 Title Guaranty
Ke Akua Pu Llc $1,660,000 Title Guaranty
Ho Delton H T -- None Available
Ho Delton Hung Tung $1,200,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Delton H T $849,134
Previous Owner Ho Delton Hung Tung $915,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $1,660,000 -1.7% $469 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $1,688,000 -- $477 / 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
2024 $4,425 $1,264,400 $1,042,500 $221,900
2023 $4,178 $1,193,800 $978,700 $215,100
2022 $3,995 $1,141,400 $936,100 $205,300
2021 $4,029 $1,151,200 $932,700 $218,500
2020 $4,570 $1,305,600 $1,065,900 $239,700
2019 $4,255 $1,215,700 $977,100 $238,600
2018 $3,738 $1,068,100 $829,700 $238,400
2017 $3,773 $1,078,000 $808,500 $269,500
2016 $3,438 $982,200 $710,600 $271,600
2015 $3,417 $976,200 $710,600 $265,600
2014 -- $853,600 $595,700 $257,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201612648

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-011-033-0000