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587 Pakala Street Honolulu HI 96825

$1,100,000 | OahuRE Rebate $5,500 | Active

Listed on 06-21-2024

5 Bedrooms, 3 Full Baths, 0 Half Baths, 3 Parking Spaces

2,624 Square Feet Living

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Listing courtesy of Coldwell Banker Realty Trace Harrington (808) 218-4567

Property Last Viewed: 06/27/2024 01:11 PM, Total Views Today: 3, Total Views: 249, Viewed History

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Short Cuts

Update the default down payment and interest rate.


Leasehold: Lease Rent: $1,903 / 2034 | Buy Fee: $0 | Lessor: KSBE | Reneg Date: 04-15-2029 | Expires: 04-14-2034 | Step-Ups: $ $




OahuRE.com Notes About This Property

View all new listings in the since this property was listed.

This property is Leasehold and you cannot buy the fee to make it Fee Simple. Lease rent is $1,903 per month until 2034.

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 November 10, 2016 for $425,000. View Details

Listed previously on June 25, 2012 for $425,000. View Details

Expired 1 time. View Details

There are 1 buildings in the same neighborhood with similar units for sale.

There are 1 buildings in the same region with similar units for sale.

Price trends for .

There were 5468 units sold in the last 2 years in the building.


587 Pakala Street

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Property Details

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MLS#: 202414706 * Questions?
Status: Active since 06-21-2024 See History
Price: $1,100,000
Rebate: $ 5,500 from OahuRE.com.
Monthly: $ 6,496.72 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,100,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 174 taxes, and $ 0 fees. Insurance not included.
Beds: 5   Baths: 3   Half: 0  Parking Spaces: 3
Living Sq Ft: 2,624
Land Tenure: LH - Leasehold
Total Fees: $0
Lanai Sq Ft: 0
Address: 587 Pakala Street Honolulu HI 96825
Region: Hawaii Kai - Activity
Neighborhood: Koko Head Terrace - Activity
Street: Pakala - Activity * Pakala Street Stats
Building Name: Activity in * Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $1,100,000
Change: $0    0.00%
Parcel#: 1-3-9-005-020-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 6 days in Active or In Escrow Showing
Date: Listed: 06-21-2024
Date: Status Change: 06-21-2024
Recent History: Last Sold on 06-08-2017 for $350,000 - MLS# 201627618 - Seller's Agent: Ryan D Kumabe, Buyer's Agent: Glen H Fujihara
Year Built: 1979 Remodeled:
View: Coastline, Marina/Canal, Mountain, Ocean, Sunset
Frontage: Other
Monthly Tax: $174 Year: 2023
Land: LH - Leasehold
Condition: Above Average

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Description:

Beautifully renovated farmhouse, 5 bed, 3 bath with a blend of classic charm & contemporary updates. Newly renovated kitchen with quartz countertops, new fridge, dishwasher & oven. Split A/C in bedrooms & living room. New solar hot water heaters. Large yard with timed sprinkler irrigation and AG water rates. Storage shed & container on property. 3.72 acres at the foot of Koko Crater with 10 years remaining on KS land lease, this unique property offers sweeping views of farm land, Maunalua Bay, Diamond Head & Hawaii Kai marina. It's also the home of Keiki & Plow, a non-profit educational farm and gathering place for local families. A strong nonprofit brand with low capital outlay, organic practices in place. Current crop plan: mixed veggies, fruit trees, florals. Includes all educational workshops, markets, musical and private events. Don't miss this rare opportunity to own a piece of paradise with serene privacy and open space. Sq footage & bedrooms may vary from TMK. Buyer to do own due diligence. Property sold as is. All offers due by 7/8/24

 
 
Inclusions: AC Split, Blinds, Ceiling Fan, Dishwasher, Dryer, Lawn Sprinkler, Microwave, Range/Oven, Refrigerator, Solar Heater, Washer, Water Heater

Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck, Playground

Utilities: Cable, Cesspool, Internet, Overhead Electricity, Public Water, Sewer Fee, Underground Electricity, Water Construction: Double Wall, Slab, Wood Frame Lot Features: Other Floor: Ceramic Tile Disclosures: Property Disclosure Stmt Land Recorded: Regular System Furnished: None

Possession: At Closing Terms: Cash Sale Conditions: None Pet Friendly: No Occupancy: 0% Number of Parking Spaces: 3 Parking Spaces Number: Floor Number: 0 Elevators: 0 Management Company Name & Phone:

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $497,300
Building: $269,000  
Assessed Total: $766,300  
Assessed Ratio: 143.55%
Pool: None
Location: Cul-De-Sac, Dead End
Parking: 3 Car+, Driveway

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District Locator: DOE Locator to Confirm District
Area Total: 163,872
Acres: 3.7620
Topography: Gentle Slope, Level
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: 0
Lanai Sq Ft: 0
Garage Sq Ft: 0
Avg Sq Ft Living: $419.21
Security:
Rental Income: $0
Zoning: 52 - AG-2 General Agricultural
Flood Zone: Zone D * 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: Tile
Set-Backs: Of Record Roads: Paved Rd
Easements: Drainage, Electric

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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
Leasehold: Lease Rent: $1,903 / 2034 | Buy Fee: $0 | Lessor: KSBE | Reneg Date: 04-15-2029 | Expires: 04-14-2034 | Step-Ups: $ $ Please learn more about Leasehold
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 Realty Trace Harrington (808) 218-4567

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
06-21-2024 202414706 New Listing Active $1,100,000 $0 $766,300 $497,300 $269,000
06-08-2017 201627618 Sold Sold $425,000 $350,000 $783,100 $514,900 $268,200
01-16-2017 201627618 In Escrow Not Showing Active In Escrow Not Showing $425,000 $350,000 $783,100 $514,900 $268,200
11-10-2016 201627618 New Listing Active Active $425,000 $350,000 $783,100 $514,900 $268,200
06-25-2013 1207120 Expired Active Expired $425,000 $0 $705,300 $450,000 $255,300
03-13-2013 1207120 Pending In Escrow Showing In Escrow Not Showing $425,000 $0 $705,300 $450,000 $255,300
01-03-2013 1207120 Active Continue to Show Active In Escrow Showing $425,000 $0 $705,300 $450,000 $255,300
06-25-2012 1207120 New Listing Active Active $425,000 $0 $705,300 $450,000 $255,300

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Estimated Monthly Mortgage Payment

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Save $71,376.34 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
$6,489$6,666$6,845$7,025$7,208$7,392$7,579$7,767$8,148
3.5% Down
$6,262$6,433$6,605$6,779$6,956$7,134$7,313$7,495$7,863
10% Down
$5,840$5,999$6,160$6,323$6,487$6,653$6,821$6,990$7,333
20% Down
$5,191$5,333$5,476$5,620$5,766$5,914$6,063$6,213$6,519
30% Down
$4,543$4,666$4,791$4,918$5,045$5,175$5,305$5,437$5,704
40% Down
$3,894$4,000$4,107$4,215$4,325$4,435$4,547$4,660$4,889
50% Down
$3,245$3,333$3,422$3,513$3,604$3,696$3,789$3,883$4,074

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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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