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1139 Papaku Place Honolulu HI 96814

$1,499,000 | OahuRE Rebate $7,495 | Active

Listed on 07-14-2024

3 Bedrooms, 1 Full Bath, 0 Half Baths, 5 Parking Spaces

680 Square Feet Living

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Listing courtesy of RE/MAX Honolulu Robert H Vernon (808) 600-1816

Property Last Viewed: 07/15/2024 11:02 PM, Total Views Today: 0, Total Views: 41, Viewed History

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OahuRE.com Notes About This Property

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

Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.

Listed previously on October 28, 2023 for $1,599,000. View Details

Price Decreased 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 5403 units sold in the last 2 years in the building.


1139 Papaku Place

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Property Details

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MLS#: 202415697 * Questions?
Status: Active since 07-14-2024 See History
Price: $1,499,000
Rebate: $ 7,495 from OahuRE.com.
Monthly: $ 9,119.14 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,499,000 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 Tenure: FS - Fee Simple
Total Fees: $0
Lanai Sq Ft: 0
Address: 1139 Papaku Place Honolulu HI 96814
Region: Metro - Activity
Neighborhood: Makiki Area - Activity
Street: Papaku - Activity * Papaku Place Stats
Building Name: Activity in * Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $1,499,000
Change: $0    0.00%
Parcel#: 1-2-4-012-022-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 2 days in Active or In Escrow Showing
Date: Listed: 07-14-2024
Date: Status Change: 07-14-2024
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: Above Average, Average

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Description:

PRICE IMPROVEMENT - 200K BELOW TAX ASSESSED VALUE FOR 2024! AN EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 ZONED PROPERTY IN THE HEART OF MAKIKI! FEATURING AN EXISTING WELL KEPT 3 BEDS/ 1BA 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 SQ.FT. UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXPEDITED PERMITTING & REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION.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. CONVEYED AS IS.

 
 
Inclusions: Range/Oven, Refrigerator, Water Heater

Amenities: Wall/Fence

Utilities: Connected, Public Water, Sewer Fee, Water Construction: Above Ground, Single Wall Lot Features: Clear Floor: Other Disclosures: Call Listor, See Remarks Land Recorded: Regular System Furnished: None

Possession: At Closing Terms: 1031 Exchange, Cash, Conventional Sale Conditions: None Pet Friendly: No Occupancy: 0% Number of Parking Spaces: 5 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: $1,672,800
Building: $50,100  
Assessed Total: $1,722,900  
Assessed Ratio: 87.00%
Pool: None
Location: Inside
Parking: 3 Car+, Boat

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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

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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: $2,204.41
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, Of Record Roads: Paved Rd
Easements: Other

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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 RE/MAX Honolulu Robert H Vernon (808) 600-1816

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
07-14-2024 202415697 New Listing Active $1,499,000 $0 $1,722,900 $1,672,800 $50,100
05-14-2024 202324350 Cancelled Active Cancelled $1,598,000 $0 $1,721,700 $1,672,800 $48,900
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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Tax Info including a Plat Map PDF and GIS Parcel Map

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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
$8,843$9,084$9,327$9,573$9,822$10,074$10,328$10,584$11,104
3.5% Down
$8,534$8,766$9,001$9,238$9,479$9,721$9,966$10,214$10,715
10% Down
$7,959$8,175$8,395$8,616$8,840$9,066$9,295$9,526$9,993
20% Down
$7,075$7,267$7,462$7,659$7,858$8,059$8,262$8,467$8,883
30% Down
$6,190$6,359$6,529$6,701$6,876$7,052$7,229$7,409$7,773
40% Down
$5,306$5,450$5,596$5,744$5,893$6,044$6,197$6,350$6,662
50% Down
$4,422$4,542$4,664$4,787$4,911$5,037$5,164$5,292$5,552

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

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