NOT LISTED FOR SALE

716 Olokele Ave Unit B & A Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $1,817,000 - $2,543,000

2 Beds
1 Bath
520 Sq Ft
$4,390/Sq Ft Est. Value

Highlights

  • Views
  • 1-Story Property
  • Property is in excellent condition

About This Home

As of February 2023

UNIT #B: @ $1800/mo. Move-in ready, completely renovated with new everything in this UPPER LEVEL 2BA/1BA unit. Kitchen has new gas stove/hood, refrigerator,dishwasher, sink, counters, cabinets. Bathroom's new sink, vanity, shower, toilet. New flooring/paint throughout, living room has unit A/C and ceiling fan and in both bedrooms New electrical & plumbing. One parking stall. Coin laundry. ***** UNIT #A: @ $1500/mo. Move-in ready, this LOWER LEVEL 2BA/1BA unit renovated with new kitchen appliances including gas stove/hood, refrigerator, sink counters. Bathroom has new vanity, toilet. New lights, ceiling fans in LR and both BDs, upgraded electrical & plumbing. New paint, ceramic flooring throughout. No parking. Coin laundry.***** Convenient location...easy walk for exercise, to shopping, restaurants, Ala Wai Golf Course.

Last Agent to Rent the Property

Marsha Kometani

Kometani, Inc. License #RS-42253 Listed on: 02/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,866

Year Built

  • Built in 1956 | Remodeled in 1966

Lot Details

  • 5,093 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Duplex

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Laminate Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Schools

  • Jefferson Elementary School
  • Washington Middle School
  • Kaimuki High School

Utilities

  • Window Unit Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,866

Year Built

Built in 1956 | Remodeled in 1966

Lot Details

0

Listing Details

  • Architectural Style: Duplex
  • PropertyFrontage: Other
  • Prop. Type: Rental
  • Sq Ft RoofedLiving: 520
  • Fill Sq Ft Total: 520
  • Stories Type: One
  • Year Built: 1956
  • Year Renovated: 1966
  • Attribution Contact: (808) 591-8166
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Amenities: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Furnished: Partial
  • Unit Features: AC Window Unit

Exterior Features

  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: None, Sunrise, Sunset

Garage/Parking

  • Parking Features: Open - 1
  • Total Parking Spaces: 1

Utilities

  • Utilities: Parking, Sewer, Trash, Water, Yard Service

Schools

  • Elementary School: Jefferson
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Olokele Property Llc
Bought by
Hh 2179 Kuakini Llc
Current Estimated Value
$2,282,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,374,873
Interest Rate
3.01%
Mortgage Type
Commercial
Estimated Equity
$907,928

Purchase Details

Closed on
Apr 12, 2016
Sold by
Olokele Property Llc
Bought by
Aloha Pacific Federal Credit Union

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.73%

Purchase Details

Closed on
May 24, 2013
Sold by
Muramatsu Betty Yukie
Bought by
Olokele Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,000
Interest Rate
3.38%
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
Hh 2179 Kuakini Llc $2,250,000 Fam
Aloha Pacific Federal Credit Union -- Fam
Aloha Pacific Federal Credit Union -- Fam
Olokele Property Llc -- Fam
Olokele Property Llc -- Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hh 2179 Kuakini Llc $1,500,000
Previous Owner Aloha Pacific Federal Credit Union $1,200,000
Previous Owner Olokele Property Llc $937,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Off Market $1,800 -- --
02/21/2023 02/21/23 Rented $1,800 0.0% --
02/05/2023 02/05/23 For Rent $1,800 -- --
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 $6,866 $1,960,300 $1,740,600 $219,700
2024 $6,866 $1,961,800 $1,740,600 $221,200
2023 $6,516 $1,861,800 $1,647,400 $214,400
2022 $6,093 $1,740,800 $1,535,500 $205,300
2021 $5,703 $1,629,300 $1,417,400 $211,900
2020 $5,780 $1,651,500 $1,417,400 $234,100
2019 $5,114 $1,540,100 $1,299,300 $240,800
2018 $5,114 $1,461,100 $1,226,700 $234,400
2017 $4,953 $1,415,000 $1,132,400 $282,600
2016 $4,389 $1,254,000 $1,006,500 $247,500
2015 $4,237 $1,210,700 $912,200 $298,500
2014 -- $1,148,000 $849,300 $298,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2023

    Marsha Kometani

    Kometani, Inc.

    (808) 591-8166

    Marsha Kometani
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202302055

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-098-0000

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

716 Olokele Ave Unit B & A, Honolulu, HI

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