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1238 Palolo Avenue Honolulu HI 96816 DiamondHd Region Palolo Neighborhood Detail View - 1 Multi-Family Properties Found

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List Date Minimum: 03-18-2008
Street Name: 2nd St Pc
MLS#: 2914463

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$1,250,000 - Palolo - 1238 Palolo Avenue - http://www.OahuRE.com/MLSNUM2914463P3

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MLS#:
2914463
Total Units:
4
Address:
1238 Palolo Avenue Honolulu HI 96816
Status:
Sold Status Color Guide
Sq. Ft. Int.
3,103
Region:
DiamondHd, Activity, Street Activity
Price:
$1,250,000 $7,500 We Save You
Land:
7,137
Neighborhood:
Palolo, Activity, Statistics
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Original:
$1,250,000
Days:
3 List Date: 11-05-2009 $3,000 Year: 2009
Change:
$0   0.00%
Year Built:
1971 Remodeled: 2009
Land:
FS - Fee Simple
1-3-3-002-018-0000
View:
Other
Condition:
Excellent
 
Description:
What a find! Rarely avail. 4 unit concrete bldg (apartment zoned) just steps away from Waialae Ave. TOTALLY REMODELED & ready for occupancy. Conveniently located near bus line, shopping, restaurants, schools, & Uiversity. One-of-a-kind lot overlooks Palolo stream, great fruit trees on property, very quiet & private. Good cash flow potential! Nothing else on the market like this in town. Must See!
 
Amenities:
A/c, Storage Construction: Concrete, Doublewall, Hollowtile Disclosures: Property Disclosure Stmt Land Recorded: Regular System Possession: Close Of Escrow, Subject To Tenance Terms: Cash, Conventional Listing Courtesy: Re/max Honolulu
 
Sold Price:
$1,225,000
Land:
$720,000
Studios:
0
Closed:
12-11-2009
Improvements:
$283,000
1 Bed:
0
Ratio:
98%
Assessed Total:
$1,003,000
2 Bed:
4
Concession: $2,420
Assessed Ratio:
124.63%
3 Bed:
0
 
   
Zoning:
11 - A-1 Low Density Apartment
Number of Parking:
6
   
Average Sq Ft Land:
$175.14
Parking Tenant:
Assigned
   
Acres:
0.1638
Parking Guest:
None
 
Sewer:
Connected
Meters:
Electric
Rental Income:
$0
Laundry:
Coin, Individual
Lessee Pays:
Ac, Cable TV, Electric
Income Other:
$0
Roofing:
Other
Elevators:
None
Income Total:
$0
Set-Backs:
Of Record
Recreation Facility:
None
Annual Expenses:
$0
Easements:
None
Building Type:
Apartments, Fourplex
Expenses Include:
Excise Tax, Insurance, Property Tax, Repair Maintenance, Sewer Fee
Frontage:
Estimated CAP Rate:
0.00%
Income Net:
$0
 
Nearby
Neighborhoods: Mccully, Kapiolani, Kaimuki, St. Louis, Woodlawn, University, Waialae Nui-lwr, Waialae Nui Vly, Kapahulu, Wilhelmina
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: $1,354, Title Insurance: $1,530, Lender Title Insurance: $250, Lender Fee: $595, 1 Point on Loan (assumes 10% down): $11,250, Appraisal: $650, Home Inspection: $495, Closing Reserve: $350, Taxes: $1,500, Other Fees: $200, Total Estimated Closing Costs: $18,174 less OahuRE Rebate $7,500 = $10,674
 
Estimated Closing Cost for Seller: 4.5% Commission: $56,250, Escrow: $1,354, Title Insurance: $2,295, Conveyance Tax: $3,750, Survey: $1,000, Termite Inspection: $600, Other Fees: $50, Total Estimated Closing Costs: $65,299
 

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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
$6,149.25$6,333.57$6,520.59$6,710.27$6,902.55$7,097.36$7,294.66$7,494.38
3.5% Down
$5,934.02$6,111.89$6,292.37$6,475.41$6,660.96$6,848.95$7,039.35$7,232.08
10% Down
$5,534.32$5,700.21$5,868.53$6,039.24$6,212.29$6,387.63$6,565.19$6,744.94
20% Down
$4,919.40$5,066.85$5,216.47$5,368.22$5,522.04$5,677.89$5,835.73$5,995.51

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History for this MLS#: 2914463

Date Field Name Old Value New Value
November 5, 2009, 10:43 pm Status Not Listed Active
November 7, 2009, 8:45 pm Status Active In Escrow
November 24, 2009, 9:54 pm Status In Escrow Pending
December 11, 2009, 11:25 am Status Pending Closed

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

List Date MLS# TMK Status Days Original Price Sold
June 1, 2009 1-3-3-002-018-0000 SOLD 23 $1,035,000 $1,055,000 $1,035,000

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$1,250,000 - 1238 Palolo Avenue - http://www.OahuRE.com/MLSNUM2914463P3

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History of Sales from Honolulu Property Tax


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Averages for 1 Sold Listings
Days on Market:
3
Assessed Improvements:
$283,000
List Price:
$1,250,000
Assessed Land:
$720,000
Sold Price / Ratio:
$1,225,000 / 98.00%
Assessed Value:
$1,003,000
Land:
7,137
Assessed Ratio:
124.63%
Interior:
0
Tax:
$3,000
Year Built:
1971
Beds:
0
Average Land:
$175
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 03.18.10. Information is deemed reliable but not guaranteed. Copyright: 2007 by the Honolulu Board of REALTORS®.

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