NOT LISTED FOR SALE

Estimated Value: $1,576,000 - $2,054,884

2 Beds
4 Baths
3,084 Sq Ft
$615/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $1,750,000 $567 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,539/month

83 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 2-minute walk to Sheridan Community Park

About This Home

As of May 2021

Excellent opportunity to own a beautiful building in town! Blocks from Ala Moana Center and Ala Moana beach Park in the Kakaako Special District on the side of the street where Bill 7 development is allowed, this building shows pride of ownership. Perfectly situated across from Sheridan park with playground + basketball court, this secure, private property feels like a Zen haven in the middle of the urban core. Back building is almost brand new - fire in 1991 means structure was mostly rebuilt from the ground up w/ 5 ones. Front building is 3 units: 2 ones + 1 studio. 1 water meter; all units separately metered for electric. No laundry - ability to add coin and increase income. Very stable seasoned tenant base, all are current on thier rent.

Last Agent to Sell the Property

Christina Dwight

Commercial Inv. Strategies License #RB-20978 Listed on: 01/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,961

Year Built

  • Built in 1946

Lot Details

  • 6,233 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,084 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity
  • Assessor Parcel Number 1-2-3-011-037-0000

Community Details

Overview

  • 8 Units
  • Kakaako Subdivision

Building Details

  • Operating Expense $32,286
  • Net Operating Income $71,514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,961

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1946
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: None
  • MLS Status: Closed
  • Subdivision Name: KAKAAKO
  • Unit Levels: One, Two
  • Roof: Composition
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 1

Exterior Features

  • Construction Type: Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: None

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-2-3-011-037-0000
  • Zoning Description: KA - State jurisdiction, refer

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 71514.35
  • Annual Operating Expense: 32285.65
  • Tenant Pays: Air Conditioning, Cable TV, Electricity
  • Total Actual Rent: 8650.0

Tax Info

  • Tax Annual Amount: 5960.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
746Makaleka Llc
Bought by
Henry Hoang Trust
Current Estimated Value
$1,896,471

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 26, 2021
Sold by
Sasaki Family Partners
Bought by
746Makaleka Llc
Seller's Agent
Christina Dwight
Commercial Inv. Strategies
List Price
$2,100,000
Sold Price
$1,750,000
Premium/Discount to List
-$350,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
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
Henry Hoang Trust -- None Listed On Document
Henry Hoang Trust -- None Listed On Document
746Makaleka Llc $1,750,000 Fam
746Makaleka Llc $1,750,000 Fam
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2021 05/06/21 Sold $1,750,000 -16.7% $567 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $2,100,000 -- $681 / 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 $7,120 $2,038,200 $1,682,900 $355,300
2024 $7,120 $2,034,300 $1,682,900 $351,400
2023 $7,103 $2,029,400 $1,682,900 $346,500
2022 $6,382 $1,823,400 $1,495,900 $327,500
2021 $5,699 $1,628,300 $1,433,600 $194,700
2020 $5,958 $1,702,300 $1,495,900 $206,400
2019 $5,408 $1,703,000 $1,495,900 $207,100
2018 $5,408 $1,545,000 $1,340,100 $204,900
2017 $5,271 $1,506,100 $1,246,600 $259,500
2016 $4,941 $1,411,800 $1,153,100 $258,700
2015 $4,593 $1,312,200 $1,059,600 $252,600
2014 -- $1,182,400 $935,000 $247,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202100858

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-011-037-0000