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403 Hobron Lane Honolulu HI 96815 Metro Region Waikiki Neighborhood Detail View - 1 Multi-Family Properties Found

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MLS#: 2805284

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MLS#:
Total Units:
12
Address:
 403 Hobron Lane Honolulu HI 96815
Status:
 Active
Sq. Ft. Int.
5,040
Region:
 Metro
Price:
 $2,650,000 $15,900 Buyer's Rebate
Land:
 5,284
Neighborhood:
 Waikiki, Statistics
 
Original:
 $2,850,000
Days:
 288 List Date: 03-27-2008
Annual Tax:
 $4,573 Year: 2008
Change:
 $-200,000   -7.02%
Year Built:
 1966 Remodeled: 2006
Land:
 FS - FEE SIMPLE
TMK:
 1-2-6-012-031-0000
View:
 Garden
Condition:
 Average
 
Remarks:
 Great investor property-excellent for buyer's IRC 1031 Exchange. Classic mid-century 'High Tide' building is a corner property with 12 one bedroom apartments in a prime neighborhood. At the gateway to Waikiki near Ala Moana Shopping Center; close to beach parks, yacht harbor, shopping, clubs & restaurants. A rare opportunity! CPR is Final - being sold as whole building leaving options for buyer. Amenities: None Construction: Hollowtile Disclosures: Property Disclosure Stmt Land Recorded: Land Court Possession: Close Of Escrow, Subject To Tenance Terms: Assumption, Can Subord, Cash, Conventional, Exchange, Joint Venture, Open Listing Courtesy: Sleeping Giant Sotheby's Intl.
 
Sold Price:
 $0
Land:
 $1,081,500
Studios:
 0
Closed:
Improvements:
 $389,500
1 Bed:
12
Ratio:
 0%
Assessed Total:
 $1,471,000
2 Bed:
0
   
Assessed Ratio:
180.15%
3 Bed:
0
 
   
Zoning:
 X2 - APARTMENT PRECINCT
Number of Parking:
 7
   
Average Land:
 $501.51
Parking Tenant:
Assigned
   
Acres:
 0.1213
Parking Guest:
Under 10
 
Sewer:
 Connected
Meters:
 Electric, Individual
Rental Income:
 $168,420
Laundry:
 Coin, Dryer, Leased Equipment, Washer
Lessee Pays:
Cable TV, Electric
Income Other:
$0
Roofing:
 Pitch & Gravel
Elevators:
 None
Income Total:
$169,596
Set-Backs:
 C&c, Of Record
Recreation Facility:
None
Annual Expenses:
 $54,873
Easements:
 Sewer
Building Type:
Apartments
Expenses Include:
Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
Frontage:
Estimated CAP Rate:
4.33%
Income Net:
$114,722
 
Nearby
 Neighborhoods: Mccully, Kapiolani, Kapahulu
Links:
 Map, Schools, Hospitals, Restaurants, Gyms, Tax, Parcel, Permits, Tax Map, Sex Offender, Census, Local Schools, Zillow
Commuting:
 Waikiki, Downtown, Ala Moana, Airport, Kapolei, Hawaii Kai, Kailua Town, Windward Mall, Waikele, North Shore

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History for this MLS#: 2805284

Date Field Name Old Value New Value
March 28, 2008, 6:19 pm Status Not Listed Active
April 23, 2008, 1:24 pm Price $2,850,000 $2,650,000
May 22, 2008, 2:41 pm Assesed Land $1,022,500 $1,081,500

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

List Date MLS# TMK Status Days Original Price Sold
September 24, 2004 1-2-6-012-031-0000 WITHDRAWN 250 $1,850,000 $1,850,000 $0
December 31, 1969 1-2-6-012-031-0000 SOLD 30 $1,850,000 $1,850,000 $1,890,000

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History of Sales from Honolulu Property Tax


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Averages for 1 ACTIVE Listings
Days on Market:
 287
Assessed Improvements:
 $389,500
List Price:
 $2,650,000
Assessed Land:
 $1,081,500
Sold Price / Ratio:
 $0 / 0.00%
Assessed Value:
 $1,471,000
Land:
 5,284
Assessed Ratio:
 180.15%
Interior:
 0
Tax:
 $4,573
Year Built:
 1966
Beds:
 0
Average Land:
 $502
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 01.08.09. Information is deemed reliable but not guaranteed. Copyright: 2007 by the Honolulu Board of REALTORS®.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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