$690,000
SOLD NOV 24, 2014

87-179 Hakimo Rd Waianae, HI 96792

-- Bed
-- Bath
4,090 Sq Ft
1.15 Acres

Recently Sold

$169 Per Sq Ft

8% Below List Price

82 Days on Market

Highlights

  • 50,007 Sq Ft lot
  • Level Lot
  • 1-Story Property
  • Views

About This Home

As of November 2014

Huge lot, 1 TMK with 7 rentals units: 2 duplexes and 3 detached single family
dwellings. 5 units tenants occupied, 1 of the duplexes,
needs major repairs. A large empty lot in the back, ready to be developed. Seven individual water meters, and seven individual electric meters. Actually square feet differs from Tax records.
Property is being sold AS IS condition. Please don't disturb tenants.

Last Agent to Sell the Property

Ruth Fisher

Drop - 2023 License #RS-74779 Listed on: 08/04/2014

Last Buyer's Agent

Jill Lee

Loyal Realty, LLC License #RS-61699

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1933

Lot Details

  • 1.15 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,090 Sq Ft Home
  • 1-Story Property
  • Property Views

Parking

  • 10 Parking Spaces
  • Open Parking
  • Unassigned Parking

Schools

  • Maili Elementary School
  • Nanakuli Middle School
  • Nanakuli High School

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 1-8-7-034-036-0000

Community Details

Overview

  • 7 Units
  • Maili Subdivision

Building Details

  • Operating Expense $12,240
  • Net Operating Income $53,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1933
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: None
  • MLS Status: Closed
  • Subdivision Name: MAILI
  • Unit Levels: One
  • Roof: Composition, Other
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Familial Relation, Pet on Property, Seller Disclosure

Garage/Parking

  • Parking Features: Open, Unassigned
  • Total Parking Spaces: 10.0
  • Open Parking: Yes

Utilities

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

Schools

  • Elementary School: Maili
  • High School: Nanakuli
  • Middle Or Junior School: Nanakuli

Lot Info

  • Parcel Number: 1-8-7-034-036-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 53160.0
  • Annual Operating Expense: 12240.0
  • Tenant Pays: Cable TV, Electricity, Water
  • Total Actual Rent: 65400.0

Tax Info

  • Tax Annual Amount: 1860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 18, 2014
Sold by
Ginger Rush Llc
Bought by
Lee Ryan Park Yun
Seller's Agent
Ruth Fisher
Drop - 2023
Buyer's Agent
Jill Lee
Loyal Realty, LLC
List Price
$725,000
Sold Price
$690,000
Premium/Discount to List
-$35,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%

Purchase Details

Listed on
Apr 22, 2013
Closed on
Aug 13, 2013
Sold by
Hoo Jane Pearce Lee and Hoo Jane Pearce
Bought by
Ginger Rush Llc
Seller's Agent
Anne Keamo
Drop - 2025
Buyer's Agent
Ruth Fisher
Drop - 2023
List Price
$465,000
Sold Price
$465,800
Premium/Discount to List
$800
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.60%
Original Mortgage
$150,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Tsai Ming Teh and Tsai Tien Mei Yu
Bought by
Hoo Calvin Bung Tim and Hoo Jane Pearce Lee
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 Type Sale Price Title Company
Warranty Deed $690,000 Fidelity Natl Title & Escrow
Warranty Deed $690,000 Fidelity Natl Title & Escrow
Warranty Deed $465,800 Fam
Warranty Deed $465,800 Fam
Interfamily Deed Transfer $199,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $345,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $2,080,000 +201.4% --
11/26/2014 11/26/14 Sold $690,000 0.0% $169 / Sq Ft
11/24/2014 11/24/14 Sold $690,000 -4.8% $169 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/25/2014 10/25/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $725,000 -3.2% $177 / Sq Ft
08/04/2014 08/04/14 For Sale $749,000 +60.8% $183 / Sq Ft
08/20/2013 08/20/13 Sold $465,800 +0.2% $114 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $465,000 -- $114 / 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 $3,169 $725,300 $663,700 $61,600
2024 $3,169 $905,400 $508,100 $397,300
2023 $2,493 $712,400 $508,100 $204,300
2022 $2,382 $680,700 $487,400 $193,300
2021 $2,088 $596,700 $394,100 $202,600
2020 $2,059 $588,400 $383,700 $204,700
2019 $2,058 $588,100 $383,700 $204,400
2018 $1,926 $550,200 $352,600 $197,600
2017 $1,915 $547,000 $311,100 $235,900
2016 $1,785 $510,000 $274,800 $235,200
2015 $1,759 $502,500 $274,800 $227,700
2014 -- $458,000 $233,300 $224,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201416160

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-8-7-034-036-0000