NOT LISTED FOR SALE

Estimated Value: $1,888,000 - $2,676,000

3 Beds
2 Baths
2,756 Sq Ft
$787/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $1,430,000 $519 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,577/month

42 Days on Market

Highlights

  • Tandem Parking
  • Level Lot
  • 2-minute walk to McCully District Park
  • Property is in excellent condition
  • Community Storage Space

About This Home

As of June 2016

5 unit income property in McCully St. Two structures. Front building built in 1959. Nice courtyard between the buildings.
Back lower 2 units are non-conforming. 2015 fully renovated all of 5 units are fully rented.
New roof, interior and exterior new paint, new granite counter tops, new toilets. Almost everything new,
included electric wiring and plumbing. Separate laundry area, individual Electric & 2 Gas meters.

Last Agent to Sell the Property

Yong Ai Guillermo

Drop - 2024 License #RS-51533 Listed on: 03/21/2016

Last Buyer's Agent

quoc huynh

Five Star Realty, Inc. License #RS-77562

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,252

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot
  • Property is in excellent condition

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry in unit
  • Washer

Parking

  • 5 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Open Parking
  • Unassigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1-2-3-030-037-0000

Community Details

Overview

  • 5 Units
  • Mccully Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $9,580
  • Net Operating Income $75,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,252

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1930
  • CommunityFeatures: None, Storage Facilities
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • NAV29_Unit_1_Appliances: Washer
  • MLS Status: Closed
  • Subdivision Name: MCCULLY
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Excellent
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Call Agent, Seller Disclosure

Garage/Parking

  • Parking Features: Covered, Open, Tandem, Unassigned
  • Total Parking Spaces: 5.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-3-030-037-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 75620.0
  • Annual Operating Expense: 9580.0
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 85200.0

Tax Info

  • Tax Annual Amount: 3252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 26, 2016
Sold by
Lu Tommy and Li Jie Chang
Bought by
Le Nga Thi Thuy
Seller's Agent
Yong Ai Guillermo
Drop - 2024
Buyer's Agent
quoc huynh
Five Star Realty, Inc.
List Price
$1,488,000
Sold Price
$1,430,000
Premium/Discount to List
-$58,000
-3.9%
Total Days on Market
42
Current Estimated Value
$2,168,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,417
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
May 22, 2015
Sold by
First Hawaiian Bank
Bought by
Lu Tommy and Li Jie Chang

Purchase Details

Closed on
Mar 28, 2014
Sold by
Wesley M Tanaka Lllc
Bought by
First Hawaiian Bank

Purchase Details

Closed on
Sep 20, 2011
Sold by
Tanaka Wesley M
Bought by
Wesley M Tanaka Llc
Source: Public Records

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Range of Values:

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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
Le Nga Thi Thuy $1,430,000 Tg
Le Nga Thi Thuy $1,430,000 Tg
Lu Tommy $938,000 Tg
Lu Tommy $938,000 Tg
First Hawaiian Bank $1,050,000 None Available
First Hawaiian Bank $1,050,000 None Available
Wesley M Tanaka Llc $897,100 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $1,430,000 -3.9% $519 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,488,000 -- $540 / 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 $5,265 $1,504,300 $1,225,000 $279,300
2023 $5,242 $1,497,600 $1,225,000 $272,600
2022 $4,757 $1,359,200 $1,100,000 $259,200
2021 $4,625 $1,321,300 $1,050,000 $271,300
2020 $4,695 $1,341,400 $1,050,000 $291,400
2019 $4,710 $1,345,800 $1,050,000 $295,800
2018 $4,430 $1,265,700 $975,000 $290,700
2017 $4,339 $1,239,700 $925,000 $314,700
2016 $3,509 $1,002,500 $850,000 $152,500
2015 $3,253 $929,400 $775,000 $154,400
2014 -- $891,500 $750,000 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201605658

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-030-037-0000