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1542 Keeaumoku Street Honolulu HI 96822

$2,850,000 | OahuRE Rebate $14,250 | Active

Price dropped on 05-02-2023. Original price was $3,000,000

Listed on 05-02-2023

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Property Last Viewed: 04/29/2024 07:19 AM, Total Views Today: 1, Total Views: 169, Viewed History

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OahuRE.com Notes About This Property

Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.

Listed previously on September 6, 2022 for $3,000,000. View Details

Listed previously on April 26, 2010 for $1,895,000. View Details

Price Decreased 2 times. View Details

Expired 2 times. View Details


1542 Keeaumoku Street

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1542 Keeaumoku Street

1542 Keeaumoku Street

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Property Details

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MLS#: 202310049 * Questions?
Status: Active since 05-02-2023 See History
Price: $2,850,000
Rebate: $ 14,250 from OahuRE.com.
Monthly: $ 16,981.59 Update the default down payment and interest rate
  Monthly payment estimate for $ 2,850,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 600 taxes, and $ 0 fees. Insurance not included.
Studio Units: 7
One Bed Units: 4
Two Bed Units: 0
Three Bed Units: 1
Living Sq Ft: 0
Land Sq Ft: 8,805
Land Tenure: FS - Fee Simple
Address: 1542 Keeaumoku Street Honolulu HI 96822
Region: Metro - Activity
Neighborhood: Makiki Area - Activity
Street: Keeaumoku - Activity
Showing: Showing Request

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Original: $3,000,000
Change: $-150,000    -5.00%
Parcel#: 1-2-4-021-004-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 363 days in Active or In Escrow Showing
Date: Listed: 05-02-2023
Date: Status Change: 05-02-2023
Recent History: Expired Listing - Listed for 116 days starting on 09-06-2022 - MLS# 202217391
Year Built: 1918 Remodeled: 1948
View: None
Frontage:
Monthly Tax: $600 Year: 2021
Land: FS - Fee Simple
Condition: Average

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Description:

Rarely available multiple dwelling property located in desirable Keeaumoku St. Units are separated as follows: one 3-bedroom with 2 bathrooms, four 1-bedrooms with 1 bathroom each, and 7 bedrooms that share 2 bathrooms without a kitchen. In total 8 bathrooms and 7 parking spots. Currently occupied by multiple tenants that come out to a monthly gross income of $10,245. Annual yearly gross income comes out to around $113,000. The 3-bedroom has a washer/dryer in dwelling.

There are 2 coin-operated washers shared by tenants outside. The property was originally built in 1918 but was completely remodeled in 1948 and the second floor was added then. During ownership the current owner repainted, made many repairs, and replaced the roof about 4 years ago. Good investment opportunity and a chance to own land in a residential Makiki neighborhood. To be sold as is.

 
 
Inclusions:

Amenities:

Utilities: Public Water Construction: Wood Frame Lot Features: Clear Disclosures: Property Disclosure Stmt Land Recorded: Regular System

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Utilities: Public Water Utilities Meters: Electric,Gas Building Type: Multi Dwellings Construction Materials: Wood Frame Tenants Responsibilities Includes: Cable TV,Electricity Expenses Include: Other,Property Tax Laundry Facilities: Coin,Dryer,Washer Parking Total: 7 Studio Units: 7 One Bed Units: 4 Two Bed Units: 0 Three Bed Units: 1

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,963,400
Building: $238,400  
Assessed Total: $2,201,800  
Assessed Ratio: 129.44%
Pool:
Location: Other
Parking: Open

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District Locator: DOE Locator to Confirm District
Area Total: 8,805
Acres: 0.2021
Topography: Level
Building Style:
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption:
Other: 0
Lanai Sq Ft: 0
Avg Sq Ft Land: $323.68
Security:
Rental Income: $0
Zoning: 12 - A-2 Medium Density Apartme
Flood Zone: Zone X * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing: Asphalt Shingle
Set-Backs: Of Record Roads:
Easements: None

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Links:
Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
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 * Tripler * Wheeler * VA Mortgage Info
Closing Cost Calculators:
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of New Star Hawaii Top Realty

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
05-02-2023 202310049 Price Decrease $3,000,000 $2,850,000 $2,850,000 $0 $2,201,800 $1,963,400 $238,400
05-02-2023 202310049 New Listing $3,000,000 Active $2,850,000 $0 $2,201,800 $1,963,400 $238,400
04-01-2023 202219487 Expired Active Expired $3,000,000 $0 $2,201,800 $1,963,400 $238,400
09-21-2022 202219487 New Listing Active Active $3,000,000 $0 $2,201,800 $1,963,400 $238,400
03-27-2011 1005593 Expired Active Expired $1,895,000 $0 $1,471,700 $1,320,800 $150,900
07-29-2010 1005593 Price Increase $1,795,000 $1,895,000 $1,895,000 $0 $1,471,700 $1,320,800 $150,900
06-01-2010 1005593 Price Decrease $1,895,000 $1,795,000 $1,895,000 $0 $1,471,700 $1,320,800 $150,900
04-26-2010 1005593 New Listing $1,895,000 Active $1,895,000 $0 $1,471,700 $1,320,800 $150,900

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Estimated Monthly Mortgage Payment

View OahuRE Mortgage and Interest Savings Calculator

Save $74,764.54 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$16,813$17,271$17,734$18,202$18,675$19,153$19,636$20,123$21,111
3.5% Down
$16,225$16,666$17,113$17,565$18,021$18,483$18,948$19,419$20,372
10% Down
$15,132$15,544$15,960$16,382$16,807$17,238$17,672$18,111$19,000
20% Down
$13,451$13,817$14,187$14,561$14,940$15,322$15,709$16,099$16,889
30% Down
$11,769$12,090$12,414$12,741$13,072$13,407$13,745$14,086$14,778
40% Down
$10,088$10,363$10,640$10,921$11,205$11,492$11,781$12,074$12,667
50% Down
$8,407$8,635$8,867$9,101$9,337$9,576$9,818$10,062$10,556

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Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

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