See Home Value
$1,527,676*
House - Off Market

Kalaepaa Drive

Honolulu, HI 96819
bedrooms
12 Beds
bathrooms
4 Baths
square feet
3080 Sqft
$863,000 - $1,053,000
Reference Base Price*
59.47%
Since Sep 1, 2017
National-US
Primary Model
Sold Nov 08, 2017
$920,000
$690,000 by House Of Finance Inc
Mortgage Due Dec 01, 2047
Sold Mar 14, 1995
$350,000
$240,000 by Finance Factors Limited
Mortgage

About This Property

A rare legal TWO DETACHED homes on one large lot in the lush green Kalihi Valley. Live in one and rent out the other home OR great for large Ohana living. Currently the two homes is generating $6,550 in rental income while it's owner-occupied. Each home has 6 bedrooms, 2 full baths with sufficient parking spaces and utilities are separately metered. 1540 Kalaepaa has 1,100 living sqft and 1746 Kalaepaa has 1,980 living sqft. Great opportunity for major improvements throughout the two homes; sold completely AS IS condition. 2nd home has an address of 1746 Kalaepaa Dr. View photo gallery at http://bit.ly/2pPZB8L

The manager has listed the unit size as 3080 square feet.
Unit Size
3,080Ft²
Days on Market
-
Land Size
-
Price per sqft
$311
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Nov 8, 2017 Sold to David Chen, Faye Chen $920,000
Sold to David Chen, Faye Chen
Aug 20, 2017 Listed $958,000
Listed
Jul 8, 2017 Listed $958,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 2
  • Total Rooms: 19
  • Bedroom Count: 12
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Unsound
  • Building Quality: E-
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 836
  • Garage Type: Attached
  • Garage Square Area: 992
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,497
  • Total Building Area: 4,072
  • Gross Building Area: 4,072
  • Building Area: 3,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: None
  • Heated Square Feet: 3,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 45 9497 SF MAP 13 LCAPP 47 SUBJ/ESMTS

Ownership

  • Current Owner : CHEN DAVID
  • Current Owner 2: CHEN FAYE
  • Previous Owner : CARUMBANA TEONILO PALANG
  • Previous Owner 2: CARUMBANA CONCEPCION OLARTE
  • Owner Before Previous Owner: MASUDA HARVEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Hawaii Department of Education
  • Census Tract: 006500

Zoning

  • Zoning: U/04/70

Geography

  • Parcel: 1-1-4-021-051-0000
  • Lot: 45
  • Municipality: OAHU
  • Latitude: 21.3587
  • Longitude: -157.852

    Address

  • Full Address: 1540 Kalaepaa Dr
  • Address - House Number: 1540
  • Address - Street Name: Kalaepaa
  • Address - Suffix Type: Dr
  • State: HI
  • City Name: Honolulu
  • Carrier Code: C010
  • 4-Digit Zip Code: 3007
  • Zip Code: 96819

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,111
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2606
  • Valuation Date: Apr 12, 2023
  • Confidence Score: 62
  • Final Value: 1,309,139
  • High Value: 1,650,317
  • Low Value: 967,961

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $878,000
  • First Open Lien Mortgage Lender: HOUSE OF FINANCE INC
  • First Open Lien Mortgage Recording Date: Nov 08, 2017
  • First Open Lien Mortgage Loan Amount: $690,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: AMERICAN SAVINGS BANK FSB
  • Second Open Lien Mortgage Recording Date: Jun 06, 2022
  • Second Open Lien Mortgage Loan Amount: $188,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 25, 2052

    Market Valuation

  • Market Total Value: $1,010,800
  • Market Land Value: $945,600
  • Market Improvement Value: $65,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,010,800
  • Assessed Land Value: $945,600
  • Assessed Improvements Value: $65,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2017
  • Current Sale Recording Date: Nov 08, 2017
  • Current Sale Transaction ID: 11377829162
  • Current Sale Price: $920,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T-10173047
  • Previous Sale Recording Date: Mar 14, 1995
  • Previous Sale Contract Date: Feb 24, 1995
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: HOUSE OF FINANCE INC
  • First Mortgage Transaction Date: Nov 08, 2017
  • First Mortgage Loan Amount: $690,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE FACTORS LIMITED
  • Previous Mortgage Transaction Date: Mar 14, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $240,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
3 Baths
2,208 ft²
$462/ft²
$1,020,000 Jan 5, 2023
-
$21/mo

About Kalihi Valley


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Frequently Asked Questions

When was property at 1540 Kalaepaa Drive built and last sold?
The property at 1540 Kalaepaa Drive was built in 1946 and last sold on Oct 30, 2017 for $920,000.
How much is this home worth?
The estimated value of the home located at 1540 Kalaepaa Drive is $965,443.
What are some comparable homes to 1540 Kalaepaa Drive?
There are currently no comparable homes to 1540 Kalaepaa Drive.

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