NOT LISTED FOR SALE

723 Makaleka Ave Unit 723 Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $750,000 - $1,254,000

5 Beds
3 Baths
1,500 Sq Ft
$691/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $757,000 $505 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,751/month

110 Days on Market

About This Home

As of June 2018

Convenience location in Kapahuru. Front house, 3 bedrooms 2 bathes on upstairs, 2 bedrooms 1 bath in downstairs.
Owner live in upstairs ( 3 bed /2 bath ) and tenant live in downstairs ( 2 bed 1 bath ). Very good investment property in Kapahulu. One bedroom downstairs made without permit. Sold in existing " AS IS " condition.

Last Agent to Sell the Property

Grace Lee

Green Tree Realty License #RB-20460 Listed on: 01/17/2018

Last Buyer's Agent

Billy Chou

Koam Realty License #RS-59991

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 2005

Lot Details

  • 2,000

Home Design

  • Shingle Roof
  • Asphalt Roof

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Assigned Parking

Schools

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

Additional Features

  • 2-Story Property
  • 2,000 Sq Ft Lot
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-034-013-0001

Community Details

Overview

  • 2 Units
  • Kapahulu Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 2005
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Closed
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Masonry, Stucco
  • Lot Features: Other
  • Property Condition: Good Condition
  • Topography: Sloping
  • View: None
  • View: No
  • Disclosures: Call Agent

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 3.0

Utilities

  • Utilities: Electricity Available, Underground Utilities, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-2-7-034-013-0001
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1.0
  • Annual Operating Expense: 1.0
  • Tenant Pays: Other
  • Total Actual Rent: 1.0

Tax Info

  • Tax Annual Amount: 2556.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Lian Lee Yu and Lee Yu Lian Revocable Living T
Bought by
Wang Liang and He Nan
Current Estimated Value
$1,037,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Outstanding Balance
$656,125
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$380,936

Purchase Details

Listed on
Jan 17, 2018
Closed on
Jun 1, 2018
Sold by
Kaohu Jackie Kang and Kaohu Micki N
Bought by
Lian Lee Yu and Lee Yu Lian Revocable Living T
Seller's Agent
Grace Lee
Green Tree Realty
Buyer's Agent
Billy Chou
Koam Realty
List Price
$915,000
Sold Price
$757,000
Premium/Discount to List
-$158,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Jan 2, 2018
Sold by
Kaohu Micki N and Revocable Living Trust Of Mick
Bought by
Kaohu Jackie Kang and Kaohu Micki N

Purchase Details

Closed on
Feb 23, 2017
Sold by
Kaohu Jackie Kang
Bought by
Kaohu Micki N

Purchase Details

Closed on
Aug 2, 2013
Sold by
Kaohu Jackie Kang and Aguada John Cortez
Bought by
Kaohu Jackie Kang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2011
Closed on
Jan 24, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Kaohu Jackie Kang and Aguada John Cortez
Seller's Agent
Denise Miyahira
Lei Homes LLC
Buyer's Agent
Grace Lee
Green Tree Realty
List Price
$549,900
Sold Price
$560,000
Premium/Discount to List
$10,100
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$448,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2011
Sold by
Deweese Curtis
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 23, 2006
Sold by
2828 Kaimuki Ave Llc
Bought by
Hori Justin Jutaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wang Liang $905,000 Tg
Wang Liang $905,000 Tg
Lian Lee Yu -- Tg
Lian Lee Yu -- Tg
Kaohu Jackie Kang -- None Available
Kaohu Jackie Kang -- None Available
Kaohu Micki N -- None Available
Kaohu Micki N -- None Available
Kaohu Jackie Kang $1,000 Fidelity National Title & Es
Kaohu Jackie Kang $1,000 Fidelity National Title & Es
Kaohu Jackie Kang $560,000 Fam
Kaohu Jackie Kang $560,000 Fam
Deutsche Bank National Trust Company $595,000 None Available
Hori Justin Jutaro $650,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Liang $724,000
Closed Wang Liang $724,000
Previous Owner Kaohu Jackie Kang $430,000
Previous Owner Kaohu Jackie Kang $448,000
Previous Owner Hori Justin Jutaro $130,000
Previous Owner Hori Justin Jutaro $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2018 06/06/18 Sold $757,000 -17.3% $505 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $915,000 +63.4% $610 / Sq Ft
01/31/2012 01/31/12 Sold $560,000 +1.8% $373 / Sq Ft View Prior Sale
01/01/2012 01/01/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $549,900 -- $367 / 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 $3,740 $1,237,500 $898,900 $338,600
2024 $3,740 $1,188,600 $833,900 $354,700
2023 $3,125 $1,092,800 $795,600 $297,200
2022 $3,283 $938,100 $581,600 $356,500
2021 $2,611 $746,100 $490,900 $255,200
2020 $2,837 $810,600 $514,300 $296,300
2019 $2,594 $752,900 $514,300 $238,600
2018 $2,594 $741,100 $514,300 $226,800
2017 $2,556 $730,300 $490,900 $239,400
2016 $2,582 $737,700 $444,100 $293,600
2015 $2,492 $712,100 $397,400 $314,700
2014 $1,924 $634,400 $346,000 $288,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Grace Lee

    Green Tree Realty

    (808) 228-6810

    15 Total Sales

    Grace Lee
    Section Image

  • B

    Buyer's Agent in 2018

    Billy Chou

    Koam Realty

    (808) 221-3878

    1 in this area

    22 Total Sales

    Billy Chou
    Section Image

  • D

    Seller's Agent in 2012

    Denise Miyahira

    Lei Homes LLC

    (808) 722-0176

    2 in this area

    61 Total Sales

    Denise Miyahira
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Corey Kawai

    Lifetime Properties LLC

    (808) 368-5178

    3 in this area

    46 Total Sales

    Corey Kawai
    Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201801206

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-034-013-0001

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

723 Makaleka Ave Unit 723, Honolulu, HI

This home is located at 723 Makaleka Ave Unit 723, Honolulu, HI 96816 since 17 January 2018 and is currently estimated at $1,037,061, approximately $691 per square foot. This property was built in 2005. 723 Makaleka Ave Unit 723 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.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

Nearby Homes