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2% Full Service for Sellers
808 Makaleka Avenue Honolulu HI 96816
$1,399,000 | OahuRE Rebate $6,995 | Active
Price dropped on 02-13-2024. Original price was $1,499,000
Listed on 01-08-2024
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Property Last Viewed: 05/04/2024 06:34 PM, Total Views Today: 2, Total Views: 282, Viewed History
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OahuRE.com Notes About This Property
Listed previously on May 9, 2022 for $1,495,000. View Details
Listed previously on May 4, 2021 for $1,388,000. View Details
Listed previously on August 24, 2020 for $1,500,000. View Details
Listed previously on May 19, 2010 for $1,050,000. View Details
Fell out of escrow or Temporarily Withdrawn 1 time. View Details
Price Decreased 7 times. View Details
Temporarily Withdrawn 1 time. View Details
Withdrawn 3 times. View Details
Expired 1 time. View Details
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Property Details
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| MLS#: | 202400524 * Questions? |
| Status: | Active since 01-08-2024 See History |
| Price: | $1,399,000 |
| Rebate: | $ 6,995 from OahuRE.com. |
| Monthly: | $ 8,335.35 Update the default down payment and interest rate |
| Monthly payment estimate for $ 1,399,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 294 taxes, and $ 0 fees. Insurance not included. | |
| Studio Units: | 1 |
| One Bed Units: | 5 |
| Two Bed Units: | 0 |
| Three Bed Units: | 0 |
| Living Sq Ft: | 0 |
| Land Sq Ft: | 3,000 |
| Land Tenure: | FS - Fee Simple |
| Address: | 808 Makaleka Avenue Honolulu HI 96816 |
| Region: | Metro - Activity |
| Neighborhood: | Kapahulu - Activity |
| Street: | Makaleka - Activity |
| Showing: | Showing Request |
| Original: | $1,499,000 |
| Change: | $-100,000 -6.67% |
| Parcel#: | 1-2-7-032-015-0000 |
| Link: | Tax Info/Plat Map/Parcel Map/Sketch |
| Days: | 117 days in Active or In Escrow Showing |
| Date: | Listed: 01-08-2024 |
| Date: | Status Change: 01-08-2024 |
| Recent History: | Not on the MLS in the last 10 years |
| Year Built: | 1941 Remodeled: |
| View: | City |
| Frontage: | |
| Monthly Tax: | $294 Year: 2023 |
| Land: | FS - Fee Simple |
| Condition: | Average |
| Description: | |
|
$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed. Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.) |
|
| Inclusions:
Amenities: Utilities: Cable, Overhead Electricity, Public Water, Water Construction: Hollow Tile Lot Features: Clear Disclosures: 1031 Exchange Land Recorded: Regular System Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Utilities: Cable,Overhead Electricity,Public Water,Water Utilities Meters: Electric,Water Building Type: Apartments Construction Materials: Hollow Tile Tenants Responsibilities Includes: Cable TV,Electricity Expenses Include: Excise Tax,Insurance,Property Tax,Repair Maintenance,Sewer Fee Laundry Facilities: Coin,Washer Parking Total: 3 Studio Units: 1 One Bed Units: 5 Two Bed Units: 0 Three Bed Units: 0 |
|
| Sold Price: | |
| Concession: | |
| Closed: | |
| Sold Ratio: | |
| Days Sold: | |
| Land: | $927,500 |
| Building: | $79,000 |
| Assessed Total: | $1,006,500 |
| Assessed Ratio: | 139.00% |
| Pool: | |
| Location: | Cul-De-Sac |
| Parking: | Tandem |
| District Locator: | DOE Locator to Confirm District |
| Area Total: | 3,000 |
| Acres: | 0.0689 |
| Topography: | Level |
| Building Style: | |
| Building: | |
| New Const: | No |
| Maint. Fee: | $0 |
| Assoc. Fee: | $0 |
| Other Fee: | $0 |
| Includes: | |
| Total Fees: | $0 |
| Exemption: | |
| Other: | 0 |
| Lanai Sq Ft: | 0 |
| Avg Sq Ft Land: | $466.33 |
| 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: | C and C Roads: |
| Easements: | None |
| 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 CBI Residential Advisory Svcs. (808) 942-7100
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| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
| 02-13-2024 | 202400524 | Price Decrease | $1,449,000 | $1,399,000 | $1,399,000 | $0 | $1,006,500 | $927,500 | $79,000 |
| 01-09-2024 | 202400524 | Price Decrease | $1,499,000 | $1,449,000 | $1,399,000 | $0 | $1,006,500 | $927,500 | $79,000 |
| 01-08-2024 | 202400524 | New Listing | $1,499,000 | Active | $1,399,000 | $0 | $1,006,500 | $927,500 | $79,000 |
| 11-07-2022 | 202208838 | Withdrawn | Active | Cancelled | $1,599,000 | $0 | $915,500 | $840,000 | $75,500 |
| 10-03-2022 | 202208838 | Price Increase | $1,495,000 | $1,599,000 | $1,599,000 | $0 | $915,500 | $840,000 | $75,500 |
| 10-03-2022 | 202208838 | Back On Market | $1,495,000 | Active | $1,599,000 | $0 | $915,500 | $840,000 | $75,500 |
| 09-15-2022 | 202208838 | Temporarily Withdrawn | Active | Active | $1,599,000 | $0 | $915,500 | $840,000 | $75,500 |
| 05-09-2022 | 202208838 | New Listing | Active | Active | $1,599,000 | $0 | $915,500 | $840,000 | $75,500 |
| 02-05-2022 | 202107337 | Withdrawn | Active | Cancelled | $1,350,000 | $0 | $915,500 | $840,000 | $75,500 |
| 08-09-2021 | 202107337 | Price Decrease | $1,375,000 | $1,350,000 | $1,350,000 | $0 | $915,500 | $840,000 | $75,500 |
| 06-01-2021 | 202107337 | Price Decrease | $1,388,000 | $1,375,000 | $1,350,000 | $0 | $915,500 | $840,000 | $75,500 |
| 05-04-2021 | 202107337 | New Listing | $1,388,000 | Active | $1,350,000 | $0 | $915,500 | $840,000 | $75,500 |
| 02-01-2021 | 202021254 | Expired | Active | Expired | $1,399,000 | $0 | $919,800 | $840,000 | $79,800 |
| 10-27-2020 | 202021254 | Price Decrease | $1,450,000 | $1,399,000 | $1,399,000 | $0 | $919,800 | $840,000 | $79,800 |
| 09-29-2020 | 202021254 | Price Decrease | $1,500,000 | $1,450,000 | $1,399,000 | $0 | $919,800 | $840,000 | $79,800 |
| 08-24-2020 | 202021254 | New Listing | $1,500,000 | Active | $1,399,000 | $0 | $919,800 | $840,000 | $79,800 |
| 08-23-2010 | 1006674 | Withdrawn | Active | Cancelled | $850,000 | $0 | $562,700 | $480,000 | $82,700 |
| 06-30-2010 | 1006674 | Price Decrease | $1,050,000 | $850,000 | $850,000 | $0 | $562,700 | $480,000 | $82,700 |
| 05-19-2010 | 1006674 | New Listing | $1,050,000 | Active | $850,000 | $0 | $562,700 | $480,000 | $82,700 |
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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 |
$8,253 | $8,478 | $8,705 | $8,935 | $9,167 | $9,402 | $9,639 | $9,878 | $10,363 |
3.5% Down |
$7,964 | $8,181 | $8,400 | $8,622 | $8,846 | $9,073 | $9,301 | $9,532 | $10,000 |
10% Down |
$7,428 | $7,630 | $7,835 | $8,041 | $8,250 | $8,462 | $8,675 | $8,890 | $9,327 |
20% Down |
$6,603 | $6,782 | $6,964 | $7,148 | $7,334 | $7,521 | $7,711 | $7,902 | $8,290 |
30% Down |
$5,777 | $5,935 | $6,094 | $6,254 | $6,417 | $6,581 | $6,747 | $6,915 | $7,254 |
40% Down |
$4,952 | $5,087 | $5,223 | $5,361 | $5,500 | $5,641 | $5,783 | $5,927 | $6,218 |
50% Down |
$4,127 | $4,239 | $4,353 | $4,467 | $4,584 | $4,701 | $4,819 | $4,939 | $5,182 |
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Last 7 days of crime (you can then change it to go back further)
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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. |
Buyer's rebate is 20% of our commission when we represent the buyer. Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 05.04.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. 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. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent and we offer you are 20% rebate on our commission. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation. The offer of compensation to cooperating participants is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference |