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84571 Ala Mahiku Street MAKAHA HI 96792 Leeward Region Makaha Neighborhood Detail View - 1 Multi-Family Properties Found

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Building Name: 3388 Salt Lake
List Date Minimum: 03-15-2008
MLS#: 2303541

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$1,990,000 - Makaha - 84571 Ala Mahiku Street - http://www.OahuRE.com/MLSNUM2303541P3

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MLS#:
2303541
Total Units:
22
Address:
84571 Ala Mahiku Street MAKAHA HI 96792
Status:
Expired Pending Status Color Guide
Sq. Ft. Int.
17,930
Region:
Leeward, Activity, Street Activity
Price:
$1,990,000 $11,940 We Save You
Land:
589,366
Neighborhood:
Makaha, Activity, Statistics
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Original:
$2,500,000
Days:
List Date: 02-17-2004 $24,917 Year: 2001-2002
Change:
$-510,000   -20.40%
Year Built:
1980 Remodeled: 2003
Land:
FS - FEE SIMPLE
1-8-4-002-064-0000
View:
Coastline, Golf Course, Ocean, Sunset
Condition:
Above Average
 
Description:
PROPERTY INCLUDES A 22-UNIT APARTMENT BUILDING WITH AN AVERAGE GROSS RENT $10,000/MONTH THE REMAINING 12 VACANT ACRES CAN BE DEVELOPED INTO 122 SFD THE PROPERTY IS LOCATED ON A BLUFF IN UPPER MAKAHA VALLEY BEUATIFUL VIEWS
 
Amenities:
Other Construction: Doublewall, Wood Frame Disclosures: None Land Recorded: Land Court Possession: Immediate Terms: Cash, Conventional, Open Listing Courtesy: Sugar Kane Realty, Inc.
 
Sold Price:
$0
Land:
$4,735,500
Studios:
Closed:
Improvements:
$1,185,100
1 Bed:
1
Ratio:
0%
Assessed Total:
$5,920,600
2 Bed:
Concession: $0
Assessed Ratio:
33.61%
3 Bed:
 
   
Zoning:
12 - A-2 MEDIUM DENSITY APARTME
Number of Parking:
22
   
Average Sq Ft Land:
$3.38
Parking Tenant:
Unassigned
   
Acres:
13.5300
Parking Guest:
Under 10
 
Sewer:
Connected
Meters:
Electric, Other
Rental Income:
$120,000
Laundry:
None
Lessee Pays:
Income Other:
$0
Roofing:
Other
Elevators:
Two
Income Total:
$120,000
Set-Backs:
None
Recreation Facility:
Other, Play Area
Annual Expenses:
$24,000
Easements:
None
Building Type:
Apartments
Expenses Include:
Mgmt Fee, Property Tax
Frontage:
Other
Estimated CAP Rate:
4.82%
Income Net:
$96,000
 
Nearby
Neighborhoods: Maili, Lualualei, Waianae
Links:
Map, Schools, Hospitals, Restaurants, Gyms, Tax, Parcel, Permits, Tax Map, Sex Offender, Census, Yelp Reviews, Local Schools, Zillow
Commuting:
Waikiki, Downtown, Ala Moana, Airport, Kapolei, Hawaii Kai, Kailua Town, Windward Mall, Waikele, North Shore
  Barbers Point, Camp Smith, Fort Shafter, Hickam, Lualualei, K-Bay Marine, Pearl Harbor, Schofield, Trippler, Wheeler
 
Estimated Closing Cost for Buyer: Escrow: $1,744, Title Insurance: $2,018, Lender Title Insurance: $250, Lender Fee: $595, 1 Point on Loan (assumes 10% down): $17,910, Appraisal: $650, Home Inspection: $495, Closing Reserve: $350, Taxes: $12,459, Other Fees: $200, Total Estimated Closing Costs: $36,671 less OahuRE Rebate $11,940 = $24,731
 
Estimated Closing Cost for Seller: 4.5% Commission: $89,550, Escrow: $1,744, Title Insurance: $3,028, Conveyance Tax: $5,970, Survey: $1,000, Termite Inspection: $600, Other Fees: $50, Total Estimated Closing Costs: $101,942
 

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Estimated Monthly Payment 30 Year Fixed Rate Mortgage

Rate:
4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00%
0% Down
$9,789.60$10,083.04$10,380.78$10,682.75$10,988.85$11,299.00$11,613.10$11,931.06
3.5% Down
$9,446.97$9,730.13$10,017.45$10,308.85$10,604.24$10,903.54$11,206.64$11,513.47
10% Down
$8,810.64$9,074.73$9,342.70$9,614.48$9,889.97$10,169.10$10,451.79$10,737.95
20% Down
$7,831.68$8,066.43$8,304.63$8,546.20$8,791.08$9,039.20$9,290.48$9,544.84

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History for this MLS#: 2303541

Date Field Name Old Value New Value
January 28, 2004, 4:06 am Price $2,400,000 $199,000
January 28, 2004, 4:06 am Price $199,000 $1,990,000
March 9, 2004, 3:58 pm Status ACT In Escrow
March 9, 2004, 3:59 pm Status In Escrow Active
March 17, 2004, 2:01 pm Status Active Expired
September 13, 2004, 2:57 am Status Expired Pending
September 13, 2004, 2:01 pm Status Pending XPND
September 13, 2004, 2:01 pm Status Pending XPND

History of other MLS#'s for this property since January 2004:

List Date MLS# TMK Status Days Original Price Sold
March 21, 2004 1-8-4-002-064-0000 EXPIRED 366 $1,900,000 $3,500,000 $0
October 16, 2007 1-8-4-002-064-0000 WITHDRAWN 210 $3,250,000 $3,250,000 $0

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$1,990,000 - 84571 Ala Mahiku Street - http://www.OahuRE.com/MLSNUM2303541P3

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History of Sales from Honolulu Property Tax


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Averages for 1 EXPIRED PENDING Listings
Days on Market:
0
Assessed Improvements:
$1,185,100
List Price:
$1,990,000
Assessed Land:
$4,735,500
Sold Price / Ratio:
$0 / 0.00%
Assessed Value:
$5,920,600
Land:
589,366
Assessed Ratio:
33.61%
Interior:
0
Tax:
$24,917
Year Built:
1980
Beds:
0
Average Land:
$3
Average Interior:
$0


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Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer.

Based on the information from the Multiple Listing Service of the Honolulu Board of REALTORS® active listings last updated on 03.15.10. Information is deemed reliable but not guaranteed. Copyright: 2007 by the Honolulu Board of REALTORS®.

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