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2816 Waialae Avenue

2816 Waialae Avenue, Honolulu, HI 96816
Multifamily in Manoa
1 Units For Sale
Unit for sale at 2816 Waialae Avenue, Honolulu, HI 96826

$4,000,000

  • 18 Beds
  • 9 Baths
  • 5,472 ft²
2816 Waialae Avenue, Honolulu, HI 96826 Listing by Bennett F Matlin

Local assessors in Honolulu, HI have categorized 2816 Waialae Avenue as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 16,738 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 46 rooms in the home. Of these, 28 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 9 full bathrooms. There are also 9 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2816 Waialae Avenue has a total of 5,472 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 224 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is unsound. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of wood. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's no heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $2,100,000 in Jun 15, 2017. Current property owners are expected to pay $7,074 in taxes per year. The property on 2816 Waialae Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,627,600. To break that down further, the land itself was valued at $1,980,500. While improvements to the property were assessed at a total of $647,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Parking

Open Parking
Assigned Parking
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210827
08/27/2021
Studio
-
5472 ft²
$3,250,000
bedrooms
Studio
bathrooms
-
square feet
5472 ft²
-
12/15/2021
-
James Son
Koam Realty
20200521
05/21/2020
Studio
-
5472 ft²
$3,650,000
bedrooms
Studio
bathrooms
-
square feet
5472 ft²
-
-
-
-
20190710
07/10/2019
Studio
-
5472 ft²
$3,900,000
bedrooms
Studio
bathrooms
-
square feet
5472 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1988
  • Building Count: 5
  • Total Rooms: 46
  • Bedroom Count: 28
  • Bathroom Count: 9
  • Full Bathrooms: 9
  • Partial Bathrooms: 9
  • Bathroom Plumbing Fixtures: 41
  • Building Condition: Unsound
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Interior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 224
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,738
  • Total Building Area: 5,472
  • Gross Building Area: 5,472
  • Building Area: 5,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: None
  • Heated Square Feet: 5,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.384
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 2-K 9,678 SF & LOT 2-L 7,060 SF MAP 2 LCAPP 623 SUBJ/ESMT

Ownership

  • Current Owner : MSK ROYAL LLC
  • Previous Owner : HAN PACIFIC LLC
  • Owner Before Previous Owner: LEE TOMMY MAN WAH
  • Owner Before Previous Owner 2: LEE LORI LEIKO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hawaii Department of Education
  • Census Tract: 002701

Zoning

  • Zoning: U/05/00

Geography

  • Parcel: 1-2-8-026-030-0000
  • Lot: 2-K
  • Municipality: OAHU
  • Latitude: 21.2911
  • Longitude: -157.815

    Address

  • Full Address: 2816 Waialae Ave
  • Address - House Number: 2816
  • Address - Street Name: Waialae
  • Address - Suffix Type: Ave
  • State: HI
  • City Name: Honolulu
  • Carrier Code: C018
  • 4-Digit Zip Code: 1827
  • Zip Code: 96826

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,074
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.114
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 88
  • Final Value: 3,723,034
  • High Value: 4,147,726
  • Low Value: 3,298,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,465,000
  • First Open Lien Mortgage Lender: BANK OF HAWAII
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $1,465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $2,627,600
  • Market Land Value: $1,980,500
  • Market Improvement Value: $647,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,627,600
  • Assessed Land Value: $1,980,500
  • Assessed Improvements Value: $647,100

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11873809358
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: T-11671127
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 15, 2017
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF HAWAII
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $1,465,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF HAWAII
  • Previous Mortgage Transaction Date: Jun 30, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Manoa



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Frequently Asked Questions

What neighborhood is 2816 Waialae Avenue located in?
The 2816 Waialae Avenue is a multifamily located in the neighborhood of Manoa in Manoa, Honolulu.
How many listings are currently for sale in 2816 Waialae Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 2816 Waialae Avenue?
The average sales price for units in 2816 Waialae Avenue is $3,250,000 , or $594/sqft. currently.

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