NOT LISTED FOR SALE

716 Lukepane Ave Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $13,405,432

2 Beds
1 Bath
10,584 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $10,500,000 $992 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $72,965/month

510 Days on Market

Highlights

  • Golf Course View
  • 18,169 Sq Ft lot
  • Level Lot

About This Home

As of April 2019

WELL MAINTAINED 5 STORY APARTMENT BUILDING WITH ELEVATOR - BUILT 1970. GROUND LEVEL IS ALL PARKING, NO LIVING QUARTERS. TOTAL OF 36 UNITS - 34 2-BEDROOMS (APPROX. 624 SQ.FT.), 2 3-BEDROOM, AND A LARGE GATHERING ROOM WITH KITCHEN. 33 OF THE 2-BEDROOM UNITS ARE PERMITTED AND LEGAL, 1 2-BEDROOM AND 2 3-BEDROOM QUESTIONABLE AS TO LEGAL OR NOT. THERE ARE 36 PARKING SPACES - 34 LEGAL. CALL LISTOR FOR DETAILS ON PARKING. BUILDING IS LOCATED IN A VERY DESIRABLE AND EASY TO RENT LOCATION. MOST OF THE PARKING STALLS ARE LARGE ENOUGH TO PARK 2 REGULAR SIZED CARS. PLEASE DO NOT ENTER ONTO THE PROPERTY WITHOUT LISTING AGENTS ... BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Malcolm Shiroma

Thinc Real Estate License #RS-34576 Listed on: 10/15/2017

Co-Listed By

Lynn Shiroma

Drop - 2022 License #RB-12724

Last Buyer's Agent

Ronald Lee

I2C Realty, Ltd. License #RB-18197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,220

Year Built

  • Built in 1970

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Interior Spaces

  • 10,584 Sq Ft Home
  • 3-Story Property
  • Golf Course Views

Parking

  • 37 Parking Spaces
  • Assigned Parking

Community Details

  • 36 Units
  • Kapahulu Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1-2-7-035-072-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,220

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Co List Office Mls Id: NASH
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1970
  • CommunityFeatures: None
  • LaundryFeatures: None
  • Co List Office Phone: (808) 596-0695
  • MLS Status: Closed
  • Subdivision Name: KAPAHULU
  • Unit Levels: Three Or More
  • Roof: Other
  • Tax Year: 2017
  • Special Features: None

Exterior Features

  • Construction Type: Double Wall, Concrete
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: Golf Course, Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 37.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-035-072-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 36
  • Tenant Pays: Cable TV, Electricity, Other

Tax Info

  • Tax Annual Amount: 20220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2017
Closed on
Apr 1, 2019
Sold by
The Yokota Family Lp
Bought by
Lukepane Dragon Llc
Seller's Agent
Malcolm Shiroma
Thinc Real Estate
Buyer's Agent
Ronald Lee
I2C Realty, Ltd.
List Price
$12,000,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,500,000
-12.5%
Current Estimated Value
$13,405,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,905,432
Avg. Annual Appreciation
3.81%
Original Mortgage
$4,850,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1995
Sold by
Yokota Hideo
Bought by
Yokota Family Ltd Partnership

Purchase Details

Closed on
Dec 28, 1994
Sold by
Yokota Hideo
Bought by
Yokota Norman H and Yokota Warren K

Purchase Details

Closed on
Mar 18, 1994
Sold by
Gibo Yvette Suellen
Bought by
Goo Raynette Gail and Goo Gordon Kee Tzun
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
Lukepane Dragon Llc $10,500,000 Tg
Lukepane Dragon Llc $10,500,000 Tg
Yokota Family Ltd Partnership $2,655,300 --
Yokota Norman H -- --
Goo Raynette Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lukepane Dragon Llc $4,850,000
Closed Lukepane Dragon Llc $4,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $10,500,000 -12.5% $992 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
10/15/2017 10/15/17 For Sale $12,000,000 -- $1,134 / 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 $22,699 $6,485,200 $4,165,500 $2,319,700
2024 $22,699 $6,485,500 $4,165,500 $2,320,000
2023 $21,873 $6,249,400 $3,942,300 $2,307,100
2022 $21,213 $6,060,800 $3,868,000 $2,192,800
2021 $20,412 $5,831,900 $3,570,400 $2,261,500
2020 $21,019 $6,005,500 $3,570,400 $2,435,100
2019 $20,812 $5,757,800 $3,272,900 $2,484,900
2018 $20,812 $5,946,300 $3,543,000 $2,403,300
2017 $20,219 $5,776,900 $3,270,400 $2,506,500
2016 $18,985 $5,424,400 $2,907,000 $2,517,400
2015 $17,812 $5,089,100 $2,634,500 $2,454,600
2014 $17,687 $4,891,300 $2,452,800 $2,438,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Malcolm Shiroma

    Thinc Real Estate

    (808) 225-6433

    10 Total Sales

    Malcolm Shiroma
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lynn Shiroma

    Drop - 2022

  • Ronald Lee

    Buyer's Agent in 2019

    Ronald Lee

    I2C Realty, Ltd.

    (808) 386-0953

    5 Total Sales

    Ronald Lee
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201721759

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-072-0000

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

716 Lukepane Ave, Honolulu, HI

This home is located at 716 Lukepane Ave, Honolulu, HI 96816 since 15 October 2017 and is currently estimated at $13,405,432, approximately $1,266 per square foot. This property was built in 1970. 716 Lukepane Ave is a home located in Honolulu County with nearby schools including Ala Wai 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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