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2902 Varsity Circle Honolulu HI 96826

$1,900,000 | OahuRE Rebate $8,550 | Active

Listed on 02-11-2024

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Property Last Viewed: 04/28/2024 10:28 AM, Total Views Today: 1, Total Views: 154, 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.

The last sale on June 8, 2017, used Conventional financing, so it is not an assumable mortgage.

Listed previously on February 14, 2017 for $1,488,000. View Details

Listed previously on August 18, 2016 for $1,580,000. View Details

Fell out of escrow or Temporarily Withdrawn 1 time. View Details

Withdrawn 1 time. View Details


2902 Varsity Circle

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Property Details

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MLS#: 202403396 * Questions?
Status: Active since 02-11-2024 See History
Price: $1,900,000
Rebate: $ 8,550 from OahuRE.com.
Monthly: $ 11,350.06 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,900,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 429 taxes, and $ 0 fees. Insurance not included.
Studio Units: 8
One Bed Units: 0
Two Bed Units: 0
Three Bed Units: 0
Living Sq Ft: 1,844
Land Sq Ft: 6,130
Land Tenure: FS - Fee Simple
Address: 2902 Varsity Circle Honolulu HI 96826
Region: Metro - Activity
Neighborhood: University - Activity
Street: Varsity - Activity
Showing: Showing Request

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Original: $1,900,000
Change: $0    0.00%
Parcel#: 1-2-8-025-013-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 77 days in Active or In Escrow Showing
Date: Listed: 02-11-2024
Date: Status Change: 02-11-2024
Recent History: Not on the MLS in the last 10 years
Year Built: 1954 Remodeled: 1960
View: Other
Frontage:
Monthly Tax: $429 Year: 2023
Land: FS - Fee Simple
Condition: Average

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Description:

Don’t miss this rare-find two-story apartment complex with 8 EASY TO RENT studios and SOLID tenant pool, conveniently located near University of Hawaii at Manoa, Ala Moana Center, Waikiki, restaurants, hospitals, businesses, and bus lines, with easy access to major roads and freeways. This apartment has 8 separate electric meters, 6-8 parking spaces (depending on the size of the cars), coin-operated laundry, quiet interiors despite close proximity to the freeway, green surroundings as it directly faces an empty field maintained by UH, and cul-de-sac location, which means private living, less crowded, and safer environment.

All units have ceramic tile flooring and identical designs with maximum rentability. Excellent investment opportunity! Jump on this great deal before it disappears! Property to be conveyed As Is, Where Is.

 
 
Inclusions:

Amenities:

Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water Construction: Concrete Lot Features: Flag Lot Disclosures: None, Call Listor Land Recorded: Land Court

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Utilities: Cable,Internet,Overhead Electricity,Public Water,Sewer Fee,Water Utilities Meters: Electric,Individual,Water Building Type: Apartments Construction Materials: Concrete Tenants Responsibilities Includes: Cable TV,Electricity Expenses Include: Excise Tax,Insurance,Mgmt Fee,Other,Property Tax,Repair Maintenance,Sewer Fee Laundry Facilities: Coin,Dryer,Washer Parking Total: 8 Studio Units: 8 One Bed Units: 0 Two Bed Units: 0 Three Bed Units: 0

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,327,300
Building: $143,600  
Assessed Total: $1,470,900  
Assessed Ratio: 129.17%
Pool:
Location: Cul-De-Sac, Inside
Parking: Open

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District Locator: DOE Locator to Confirm District
Area Total: 6,130
Acres: 0.1407
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: $309.95
Security:
Rental Income: $0
Zoning: 11 - A-1 Low Density Apartment
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: Composition
Set-Backs: None 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 Kona Realty All Islands LLC (808) 308-2400

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
02-11-2024 202403396 New Listing Active $1,900,000 $0 $1,470,900 $1,327,300 $143,600
02-11-2024 202403396 Coming Soon Active $1,900,000 $0 $1,470,900 $1,327,300 $143,600
06-08-2017 201702623 Sold Sold $1,488,000 $1,488,000 $1,126,700 $926,600 $200,100
04-21-2017 201702623 In Escrow Not Showing In Escrow Showing In Escrow Not Showing $1,488,000 $1,488,000 $1,126,700 $926,600 $200,100
03-31-2017 201702623 In Escrow Showing Active In Escrow Showing $1,488,000 $1,488,000 $1,126,700 $926,600 $200,100
02-14-2017 201702623 New Listing Active Active $1,488,000 $1,488,000 $1,126,700 $926,600 $200,100
01-27-2017 201621518 Withdrawn Active Cancelled $1,580,000 $0 $1,102,600 $901,500 $201,100
01-27-2017 201621518 Back On Market Active Active $1,580,000 $0 $1,102,600 $901,500 $201,100
10-31-2016 201621518 Pending In Escrow Showing In Escrow Not Showing $1,580,000 $0 $1,102,600 $901,500 $201,100
10-31-2016 201621518 Active Continue to Show Active In Escrow Showing $1,580,000 $0 $1,102,600 $901,500 $201,100
08-18-2016 201621518 New Listing Active Active $1,580,000 $0 $1,102,600 $901,500 $201,100

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Estimated Monthly Mortgage Payment

View OahuRE Mortgage and Interest Savings Calculator

Save $73,664.87 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
$11,209$11,514$11,822$12,135$12,450$12,769$13,090$13,415$14,074
3.5% Down
$10,817$11,111$11,409$11,710$12,014$12,322$12,632$12,946$13,582
10% Down
$10,088$10,363$10,640$10,921$11,205$11,492$11,781$12,074$12,667
20% Down
$8,967$9,211$9,458$9,708$9,960$10,215$10,472$10,732$11,259
30% Down
$7,846$8,060$8,276$8,494$8,715$8,938$9,163$9,391$9,852
40% Down
$6,725$6,908$7,093$7,281$7,470$7,661$7,854$8,049$8,445
50% Down
$5,604$5,757$5,911$6,067$6,225$6,384$6,545$6,708$7,037

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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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Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 04.28.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

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