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2023 McKinley Street Honolulu HI 96822

This property is in escrow, but the seller is still showing it and looking for backup offers.

$1,850,000 | OahuRE Rebate $9,250 | Active Under Contract

Price dropped on 02-05-2024. Original price was $1,950,000

Listed on 11-17-2023

3 Bedrooms, 2 Full Baths, 0 Half Baths, 4 Parking Spaces

1,274 Square Feet Living * 5,090 Square Feet Land

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Property Last Viewed: 04/27/2024 10:04 PM, Total Views Today: 0, Total Views: 1,214, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Manoa-lower neighborhood since this property was listed.

The last sale on September 30, 2015, used Conventional financing, so it is not an assumable mortgage.

Listed previously on June 14, 2022 for $2,250,000. View Details

Listed previously on May 27, 2022 for $2,250,000. View Details

Listed previously on July 23, 2015 for $999,000. View Details

Fell out of escrow or Temporarily Withdrawn 2 times. View Details

Price Decreased 2 times. View Details

Temporarily Withdrawn 1 time. View Details

Withdrawn 2 times. View Details

Price trends for Manoa-Lower.

There were 17 homes sold in the last 2 years in the Manoa-lower neighborhood.


2023 McKinley Street

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2023 McKinley Street

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Property Details

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MLS#: 202325640 * Questions?
Status: Active Under Contract See History
Price: $1,850,000
Rebate: $ 9,250 from OahuRE.com.
Monthly: $ 11,031.66 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,850,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 398 taxes, and $ 0 fees. Insurance not included.
Beds: 3   Baths: 2   Half: 0  Parking Spaces: 4
Living Sq Ft: 1,274
Land Sq Ft: 5,090
Land Tenure: FS - Fee Simple
Address: 2023 McKinley Street Honolulu HI 96822
Region: Metro - Activity
Neighborhood: Manoa-Lower - Activity * Manoa-Lower Stats
Street: Mckinley - Activity * McKinley Street Stats
Showing: Showing Request

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Original: $1,950,000
Change: $-100,000    -5.13%
Parcel#: 1-2-8-020-052-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 132 days in Active or In Escrow Showing
Date: Listed: 11-17-2023
Date: Status Change: 04-14-2024
Year Built: 1938 Remodeled: 2022
View: City, Diamond Head, Sunrise
Frontage:
Monthly Tax: $398 Year: 2023
Land: FS - Fee Simple
Condition: Excellent, Above Average

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Description:

PANORAMIC Diamond Head views with a rare deeded view easement! This turn key 3 bedroom 2 bath home was retrofitted in 2017 with new electrical (125 amp) and new plumbing. The kitchen was recently remodeled and showcases stainless steel appliances, grey shaker cabinets, and quartz countertops. Beautiful mahogany wood floors is from the 1938 original construction. High ceilings allow for ample amounts of natural light with constant air flow wafting through the rooms and patio.

Make your way to the exterior of the property where you are presented with two mature avocado trees along with elegant orchids that line the home. Historic McKinley St is conveniently located blocks away from first-class private schools, the University of Hawaii, and minutes away from the Kapiolani Medical Center, and freeway access.

 
 
Inclusions: Blinds, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Smoke Detector, Washer, Water Heater

Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Wall/Fence

Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee Construction: Double Wall, Wood Frame Lot Features: Clear Floor: Hardwood Disclosures: Property Disclosure Stmt Land Recorded: Regular System Furnished: None

Possession: At Closing Terms: Cash, Conventional, 1031 Exchange, VA Sale Conditions: None

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,123,800
Building: $340,400  
Assessed Total: $1,464,200  
Assessed Ratio: 126.35%
Pool: None
Location: Inside
Parking: 3 Car+, Carport, Driveway, Street

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District Locator: DOE Locator to Confirm District
Area Total: 5,090
Acres: 0.1169
Topography: Down Slope
Building Style: Detach Single Family
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 100000
Other: 70
Lanai Sq Ft: 0
Garage Sq Ft: 324
Avg Sq Ft Living: $1,452.12
Avg Sq Ft Land: $363.46
Security:
Rental Income: $0
Stories: Two CPR: No
Zoning: 05 - R-5 Residential District
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: Paved Rd
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 Coldwell Banker Island Prop (808) 875-7000

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
04-14-2024 202325640 Active Under Contract Active In Escrow Showing $1,850,000 $0 $1,464,200 $1,123,800 $340,400
04-02-2024 202325640 Back On Market In Escrow Showing Active $1,850,000 $0 $1,464,200 $1,123,800 $340,400
03-19-2024 202325640 Active Under Contract Active In Escrow Showing $1,850,000 $0 $1,464,200 $1,123,800 $340,400
02-05-2024 202325640 Price Decrease $1,950,000 $1,850,000 $1,850,000 $0 $1,464,200 $1,123,800 $340,400
11-17-2023 202325640 New Listing $1,950,000 Active $1,850,000 $0 $1,464,200 $1,123,800 $340,400
07-08-2022 202211266 Withdrawn Active Cancelled $2,125,000 $0 $1,106,500 $899,000 $207,500
06-30-2022 202211266 Price Decrease $2,250,000 $2,125,000 $2,125,000 $0 $1,106,500 $899,000 $207,500
06-14-2022 202211266 New Listing $2,250,000 Active $2,125,000 $0 $1,106,500 $899,000 $207,500
06-10-2022 202210204 Withdrawn Active Cancelled $2,250,000 $0 $1,106,500 $899,000 $207,500
05-27-2022 202210204 New Listing Active Active $2,250,000 $0 $1,106,500 $899,000 $207,500
10-03-2015 201512152 Sold Active Sold $999,000 $989,000 $876,200 $789,100 $87,100
10-03-2015 201512152 Pending Active In Escrow Not Showing $999,000 $989,000 $876,200 $789,100 $87,100
10-03-2015 201512152 Back On Market Active Active $999,000 $989,000 $876,200 $789,100 $87,100
07-31-2015 201512152 Temporarily Withdrawn Active Active $999,000 $989,000 $876,200 $789,100 $87,100
07-23-2015 201512152 New Listing Active Active $999,000 $989,000 $876,200 $789,100 $87,100

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Tax Info including a Plat Map PDF and GIS Parcel Map

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Estimated Monthly Mortgage Payment

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Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$10,914$11,211$11,511$11,815$12,122$12,433$12,746$13,062$13,704
3.5% Down
$10,532$10,819$11,108$11,402$11,698$11,997$12,300$12,605$13,224
10% Down
$9,823$10,090$10,360$10,634$10,910$11,189$11,471$11,756$12,333
20% Down
$8,731$8,969$9,209$9,452$9,698$9,946$10,197$10,450$10,963
30% Down
$7,640$7,848$8,058$8,271$8,486$8,703$8,922$9,144$9,593
40% Down
$6,548$6,727$6,907$7,089$7,273$7,460$7,648$7,837$8,222
50% Down
$5,457$5,605$5,756$5,908$6,061$6,216$6,373$6,531$6,852

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Neighborhood Interview from a neighbor who lives there.

How long have you lived in the Lower Manoa neighborhood?

I'd say about 7 or 8 years.

What factors influenced your decision to move to your neighborhood?

Several, actually. They have very good schools, as opposed to sending a child to public school, or as opposed to Kalihi, other places, or even the Waikiki area.

I like the wetness. I like a lot of rain, the greenery. It's kind of lush, not dry like a desert.

Even the library is okay, it's a little old. Now there's a new one. The location and the contents of the public library there is nice.

It has a nice homely feel to it. If you live in Waikiki, you live there, but it's not homely. It's very brick-and-mortar and you have to look for grass. In Manoa, the grass looks for you.

Also, the people who tend to live in Manoa tend to be more education-oriented. I'm not saying they're smarter or make more money. They're into some type of education. They're usually higher educated or doing something in academia, research, teaching, or something of the sort.

The proximity to UH is okay, but not that important to me. Rating from a scale from 0 to 10, maybe 4. But I do like that aspect though. The people in academia are basically there in Manoa is because the University is there, in my opinion.

The people who tend to live there tend to have higher incomes, which means people tend to afford to maintain their properties. That was an important factor for me. That's kind of a little bit selfish I guess, but it is a factor. If I have a problem, I hope my neighbor thinks that I can afford it and take care of it.

How does where you lived before compare?

Before I lived in Manoa, I lived in a very small apartment that I rented in Beverly Hills, California. You can't really compare that to Manoa, because it's like comparing fruits and nuts. It's very different.

How is traffic in and around the neighborhood? For example, getting to stores, downtown, commuting to work, etc.?

It's pretty convenient. Sometimes I drive, walk, bike, or take the bus at a variety of times. On a scale of 0-10, I'd probably say a 9.5. No matter how you look at it, it's pretty convenient.

So you seldom encounter heavy traffic?

That's the nice thing about that area. It does flow nicely in and around the area. Not as where I live, but around the whole Manoa area, traffic flows really well.

Do you have any concerns with crime in the neighborhood?

No. That is one of the things I looked at before I decided to move there. As opposed to Kalihi, Waikiki, or Makiki, or in those vicinities. Overall, it's pretty low, but it's really low compared to those 3 places. Another interesting thing, if you go to other places on the island, you see security guards everywhere. In Manoa, you see a few security guards. You don't see them as much as in other places on the island. That was an important decision for me. I'd say it's probably extremely safe.

What is the noise level like? Any excessive noise from traffic, planes, neighbors, etc.?

No unusual urban noise. It's relatively quiet, peaceful. The only exceptions are graduation around December and May around UH Manoa, but that's to be expected, typical, and only temporary. It's really no big deal. It's not really a factor at all. It's pretty peaceful.

What are the things you like best about your neighborhood?

First thing, I like my neighbors, for a variety of reasons. If you have more education, you tend to be easier to get along with, and tend to be more understanding about neighborhood issues, housing, and parking issues. Another interesting thing that I noticed when I was talking with my friends (one lives in Kalihi, one in Waikiki, one in Makiki, one in Pearl City, one in Makaha, and one in Liliha), we talked about how neighbors resolve issues--whether it be neighborly, housing, or parking conflicts. In Manoa the people who live there tend to deal with conflict resolution much better, than other places.

What are the things that you would like to change about your neighborhood?

One thing I would change about it, and this has bugged me, is I would have more sidewalks. I don't understand what the deal is in Manoa not having these sidewalks, hardly. That's kind of aggravating, actually. There can be some sidewalks here, some spots here and there, but I like a regular system of sidewalks.

What are your favorite nearby restaurants?

I work in the King Street area, if that is considered nearby. Baikikoes, Moiliili area. It's a place I often go. I like the curry restaurant on the corner. The Japanese Curry House is just as good. I also go to the one next door, The Mediterraneo. I eat there some 3-4 times a month. There's one a lot further down past the Moiliili library is a Thai restaurant, right across the street from Moiliili library, and it's really good. I go to a coffee shop a lot, Glazer's. I do go maybe twice in a month for a little restaurant right up the University, a Vietnamese restaurant. It's delicious. Right in Manoa, when I want pizza, which is 3-4 times a month, I always have Boston's Pizza. It's pretty good for pizza.

What about favorite nearby places to shop?

You've got to love Ala Moana market place. The whole area is a wonderful place to shop. There are flower shops, food shops, restaurants, Long's, McDonald's. There's a post office inside, laundromat, banks are there. That is a nice place.

Are there any events in your neighborhood or nearby that you'd like to take part in?

Sometimes, we would have a neighborhood watch and a neighborhood clean up, and we would take part in them. When I moved in, I was treated pretty nicely. I was relatively one of the younger people living in that area, but they're still pretty respectful and very nice to me, and accommodating.

Would you recommend buying a house in your neighborhood?

Absolutely. Especially if you can afford it.



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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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