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1139 PAPAKU Place Honolulu HI 96814
$1,598,000 | OahuRE Rebate $7,990 | Active
Price dropped on 01-13-2024. Original price was $1,599,000
Listed on 10-28-2023
3 Bedrooms, 1 Full Bath, 0 Half Baths, 5 Parking Spaces
680 Square Feet Living * 6,750 Square Feet Land
Sell for a $3,500 Flat Fee or 2% With Full Service.
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Property Last Viewed: 04/26/2024 07:02 PM, Total Views Today: 0, Total Views: 345, Viewed History
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OahuRE.com Notes About This Property
View all new listings in the Makiki Area neighborhood since this property was listed.
Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.
Price Decreased 1 time. View Details
There were 402 homes sold in the last 2 years in the Makiki Area neighborhood.
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Property Details
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| MLS#: | 202324350 * Questions? |
| Status: | Active since 10-28-2023 See History |
| Price: | $1,598,000 |
| Rebate: | $ 7,990 from OahuRE.com. |
| Monthly: | $ 9,688.19 Update the default down payment and interest rate |
| Monthly payment estimate for $ 1,598,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 503 taxes, and $ 0 fees. Insurance not included. | |
| Beds: | 3 Baths: 1 Half: 0 Parking Spaces: 5 |
| Living Sq Ft: | 680 |
| Land Sq Ft: | 6,750 |
| Land Tenure: | FS - Fee Simple |
| Address: | 1139 PAPAKU Place Honolulu HI 96814 |
| Region: | Metro - Activity |
| Neighborhood: | Makiki Area - Activity * Makiki Area Stats |
| Street: | Papaku - Activity * PAPAKU Place Stats |
| Showing: | Showing Request |
| Original: | $1,599,000 |
| Change: | $-1,000 -0.06% |
| Parcel#: | 1-2-4-012-022-0000 |
| Link: | Tax Info/Plat Map/Parcel Map/Sketch |
| Days: | 183 days in Active or In Escrow Showing |
| Date: | Listed: 10-28-2023 |
| Date: | Status Change: 10-28-2023 |
| Recent History: | Not on the MLS in the last 10 years |
| Year Built: | 1954 Remodeled: |
| View: | None |
| Frontage: | |
| Monthly Tax: | $503 Year: 2023 |
| Land: | FS - Fee Simple |
| Condition: | Average |
| Description: | |
|
EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 APARTMENT ZONED PROPERTY IN THE HEART OF MAKIKI! THIS EXTRAORDINARY OFFERING IS PRICED WELL BELOW THE 2023 REAL PROPERTY TAX LAND VALUE. FEATURING AN EXISTING WELL KEPT 3 BEDROOM/ 1 BATH SINGLE FAMILY HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING AND/OR THE POTENTIAL TO DEVELOP SENIOR CARE FACILITIES FOR OUR KAPUNA. UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQUARE FOOT UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXEPEDIATED PERMITTING, AND A REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION. IN FACT, SELLERS HAVE COPIES OF BUILDING PLANS SUBMITTED TO DPP FOR A 33 UNIT AFFORDABLE HOUSING PROJECT UNDER BILL 7. FOR FULL DETAILS AND TO EXPLORE THE DEVELOPMENT OPPORTUNITIES THIS PROPERTY HOLDS. BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND CONSULT PROFESSIONALS.TO BE CONVEYED AS IS. |
|
| Inclusions:
Range/Oven, Refrigerator
Amenities: Wall/Fence Utilities: Connected, Water Construction: Above Ground, Single Wall Lot Features: Clear Floor: Laminate, Other Disclosures: Property Disclosure Stmt, See Remarks Land Recorded: Regular System Furnished: None Possession: At Closing Terms: Cash, Conventional Sale Conditions: None |
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| Sold Price: | |
| Concession: | |
| Closed: | |
| Sold Ratio: | |
| Days Sold: | |
| Land: | $1,672,800 |
| Building: | $48,900 |
| Assessed Total: | $1,721,700 |
| Assessed Ratio: | 92.82% |
| Pool: | None |
| Location: | Dead End |
| Parking: | 3 Car+, Boat |
| District Locator: | DOE Locator to Confirm District |
| Area Total: | 6,750 |
| Acres: | 0.1550 |
| Topography: | Level |
| Building Style: | Detach Single Family |
| Building: | |
| New Const: | No |
| Maint. Fee: | $0 |
| Assoc. Fee: | $0 |
| Other Fee: | $0 |
| Includes: | |
| Total Fees: | $0 |
| Exemption: | 0 |
| Other: | 0 |
| Lanai Sq Ft: | 0 |
| Garage Sq Ft: | 0 |
| Avg Sq Ft Living: | $2,350.00 |
| Avg Sq Ft Land: | $236.74 |
| Security: | Key |
| Rental Income: | $0 |
| Stories: | One CPR: No |
| 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, Of Record Roads: County Rd, Paved Rd |
| Easements: | Electric, Sewer |
| 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 RE/MAX Honolulu (808) 600-1816
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| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
| 01-13-2024 | 202324350 | Price Decrease | $1,599,000 | $1,598,000 | $1,598,000 | $0 | $1,721,700 | $1,672,800 | $48,900 |
| 10-28-2023 | 202324350 | New Listing | $1,599,000 | Active | $1,598,000 | $0 | $1,721,700 | $1,672,800 | $48,900 |
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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 |
$9,427 | $9,684 | $9,943 | $10,206 | $10,471 | $10,739 | $11,010 | $11,283 | $11,837 |
3.5% Down |
$9,097 | $9,345 | $9,595 | $9,849 | $10,105 | $10,363 | $10,624 | $10,888 | $11,423 |
10% Down |
$8,485 | $8,715 | $8,949 | $9,185 | $9,424 | $9,665 | $9,909 | $10,155 | $10,653 |
20% Down |
$7,542 | $7,747 | $7,955 | $8,165 | $8,377 | $8,591 | $8,808 | $9,026 | $9,470 |
30% Down |
$6,599 | $6,779 | $6,960 | $7,144 | $7,330 | $7,517 | $7,707 | $7,898 | $8,286 |
40% Down |
$5,656 | $5,810 | $5,966 | $6,123 | $6,283 | $6,443 | $6,606 | $6,770 | $7,102 |
50% Down |
$4,714 | $4,842 | $4,972 | $5,103 | $5,236 | $5,370 | $5,505 | $5,642 | $5,919 |
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Last 7 days of crime (you can then change it to go back further)
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Popular Yelp Links Sorted by Review Count Near 1139 PAPAKU Place
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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 04.28.24. 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 |