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1148 2nd Avenue Honolulu HI 96816

$1,290,000 | OahuRE Rebate $3,870 | Active

Price dropped on 05-13-2024. Original price was $1,480,000

Listed on 05-01-2024

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Property Last Viewed: 05/17/2024 05:20 PM, Total Views Today: 6, Total Views: 34, 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 September 29, 2021, used Cash financing, so it is not an assumable mortgage.

Listed previously on October 10, 2023 for $15,800,000. View Details

Listed previously on April 6, 2023 for $1,780,000. View Details

Listed previously on May 9, 2022 for $1,800,000. View Details

Listed previously on June 16, 2021 for $1,200,000. View Details

Fell out of escrow or Temporarily Withdrawn 2 times.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

Price Decreased 3 times. View Details

Withdrawn 1 time. View Details


1148 2nd Avenue

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Property Details

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MLS#: 202409155 * Questions?
Status: Active since 05-01-2024 See History
Price: $1,290,000
Rebate: $ 3,870 from OahuRE.com.
Monthly: $ 8,646.82 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,290,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 1,232 taxes, and $ 0 fees. Insurance not included.
Living Sq Ft: 0
Land Sq Ft: 5,000
Land Tenure: FS - Fee Simple
Address: 1148 2nd Avenue Honolulu HI 96816
Region: Diamond Head - Activity
Neighborhood: Kaimuki - Activity
Street: 2nd - Activity
Showing: Showing Request

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Original: $1,480,000
Change: $-190,000    -12.84%
Parcel#: 1-3-2-001-054-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 16 days in Active or In Escrow Showing
Date: Listed: 05-01-2024
Date: Status Change: 05-13-2024
Recent History: Not on the MLS in the last 10 years
Year Built: Remodeled:
View: City, Diamond Head, Mountain
Frontage:
Monthly Tax: $1,232 Year: 2023
Land: FS - Fee Simple
Condition:

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Description:

HUGE PRICE REDUCTION!!! SELLER IS VERY MOTIVATED TO SELL. Discover a prime commercial opportunity in the heart of Kaimuki! This vacant, B-2 zoned lot offers diverse development possibilities. Positioned on Waialae Avenue, it benefits from high exposure and convenient proximity to essential amenities, including Citi Mill, eateries, a gas station, and convenience stores. This promising parcel awaits your vision. Prospective buyers and agents are encouraged to conduct thorough due diligence regarding the regulations and potential uses of a B-2 zoning lot. Sold as-is.

 
 
Inclusions:

Utilities: Overhead Electricity, Sewer, Water Lot Features: Clear Disclosures: None Land Recorded: Regular System Terms: Cash Sale Conditions: None Documents: Restrictions: None Sewer: Connected

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,192,500
Building: $0  
Assessed Total: $1,192,500  
Assessed Ratio: 108.18%
Pool:
Location: Inside
Parking:

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District Locator: DOE Locator to Confirm District
Area Total: 5,000
Acres: 0.1148
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: $258.00
Security:
Rental Income: $0
Zoning: 32 - B-2 Community Business Dis
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
Set-Backs: C and C 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 Central Pacific Properties Inc (808) 258-7631

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
05-13-2024 202409155 Back On Market Active $1,290,000 $0 $1,192,500 $1,192,500 $0
05-13-2024 202409155 Price Decrease $1,480,000 $1,290,000 $1,290,000 $0 $1,192,500 $1,192,500 $0
05-13-2024 202409155 Hold Active $1,290,000 $1,290,000 $0 $1,192,500 $1,192,500 $0
05-01-2024 202409155 New Listing Active Active $1,290,000 $0 $1,192,500 $1,192,500 $0
11-30-2023 202322510 Cancelled Active Cancelled $1,580,000 $0 $1,192,500 $1,192,500 $0
10-16-2023 202322510 Price Decrease $15,800,000 $1,580,000 $1,580,000 $0 $1,192,500 $1,192,500 $0
10-10-2023 202322510 New Listing $15,800,000 Active $1,580,000 $0 $1,192,500 $1,192,500 $0
05-11-2023 202308529 Cancelled Active Cancelled $1,780,000 $0 $875,000 $875,000 $0
04-06-2023 202308529 New Listing Active Active $1,780,000 $0 $875,000 $875,000 $0
12-16-2022 202208882 Withdrawn Active Cancelled $1,800,000 $0 $875,000 $875,000 $0
05-09-2022 202208882 New Listing Active Active $1,800,000 $0 $875,000 $875,000 $0
09-29-2021 202115527 Sold In Escrow Showing Sold $999,000 $900,000 $835,500 $800,000 $35,500
09-21-2021 202115527 In Escrow Showing Active In Escrow Showing $999,000 $900,000 $835,500 $800,000 $35,500
08-16-2021 202115527 Price Decrease $1,200,000 $999,000 $999,000 $900,000 $835,500 $800,000 $35,500
08-03-2021 202115527 Back On Market In Escrow Showing Active $999,000 $900,000 $835,500 $800,000 $35,500
07-12-2021 202115527 In Escrow Showing Active In Escrow Showing $999,000 $900,000 $835,500 $800,000 $35,500
06-16-2021 202115527 New Listing Active Active $999,000 $900,000 $835,500 $800,000 $35,500
06-15-2021 202115527 Coming Soon Active Active $999,000 $900,000 $835,500 $800,000 $35,500

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Estimated Monthly Mortgage Payment

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Save $72,159.25 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
$7,610$7,817$8,027$8,239$8,453$8,669$8,888$9,108$9,556
3.5% Down
$7,344$7,544$7,746$7,950$8,157$8,366$8,577$8,790$9,221
10% Down
$6,849$7,036$7,224$7,415$7,608$7,802$7,999$8,198$8,600
20% Down
$6,088$6,254$6,421$6,591$6,762$6,935$7,110$7,287$7,645
30% Down
$5,327$5,472$5,619$5,767$5,917$6,068$6,221$6,376$6,689
40% Down
$4,566$4,690$4,816$4,943$5,072$5,202$5,333$5,465$5,733
50% Down
$3,805$3,909$4,013$4,119$4,226$4,335$4,444$4,554$4,778

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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 05.17.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

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