1139 PAPAKU Place , Honolulu, Hi 96814

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.

Home details

680 sqft interior area

Year Built 1954
Original list price $1,599,000
Days on market 183
Price per sqft $2,350/sqft
Baths 1
Beds 3
Address
1139 PAPAKU Place, Honolulu, HI, 96814
Total area 680 sqft
Interior area 680 sqft
Land area 6,750 sqft
nr.of parking places 5
Property type Detach Single Family
Pool None
Neighborhood Makiki Area
City of Oahu Honolulu
Region Honolulu
Island Oahu
Land tenure FS - Fee Simple
View None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments

Mortgage

$8,148

Taxes

$503

HOA dues

$0

Mortgage

Last listprice

Down payment

$319,600 / 20%

Interest rate

6.58%

Loan type

30 years

Your amount $8,148 / month

Taxes

Property taxes

$503 / month

Estimated tax $503 / month

Property tax figures are deemed reliable but not guaranteed. All property tax information needs to be verified by the buyer.

No HOA dues

Neighborhood: Makiki Area

Oahu

Honolulu

Makiki Area

Nearby & commute

Walkability

Coffee shops

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no data

Bus stop

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Supermarket

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Costco

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no data

Hospital

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Park

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no data

Beach

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Elementary school

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no data

Middle school

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High school

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Local airport

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no data

13.33 / 20

Somewhat walkable

►

18-20

Most Walkable

15-18

Very walkable

10-15

Somewhat walkable

1-10

Car dependent

Walkability according to the National Walkability Index

Amenities & Features

5 parking places, Laminate, Other floors

Floors

Laminate, Other

Stories

One

Furnished

None

Roof

Asphalt Shingle

Construction

Above Ground, Single Wall

Security

Key

Utilities

Connected, Water

Property Condition

Average

Amenities

Wall/Fence

Inclusions

Range/Oven, Refrigerator

Makiki Area prices

Average price $1.78m

Neighborhood average sales price*

$1.78m

Neighborhood median sales price*

$1.58m

Number or sales*

38

Street median sales price*

$679.5k

Median sale price Maui Eldorado I*

$579.5k

*last 6 months

Schools

15 schools with rating up to 6

School rating		Distance
4 out of 10	Queen Kaahumanu Elementary School 1141 Kinau St, Honolulu, HI 96814 Elementary School	0.082mi
NR	Hawaiian Mission Academy K-8 1415 Makiki Street, Honolulu, HI 96814 Middle School	0.422mi
NR	Hawaiian Mission Academy 1438 Pensacola Street, Honolulu, HI 96822 High School	0.129mi

School rating		Distance
4 out of 10	Queen Kaahumanu Elementary School 1141 Kinau St, Honolulu, HI 96814	0.082mi
NR	Hawaiian Mission Academy K-8 1415 Makiki Street, Honolulu, HI 96814	0.422mi
NR	Playmate Kindergarten, Day Care 1704 Keeaumoku Street, Honolulu, HI 96822	0.562mi
NR	Montessori Community School 1239 Nehoa Street, Honolulu, HI 96822	0.574mi
NR	Maryknoll School 1402 Punahou Street, Honolulu, HI 96822	0.636mi

School rating		Distance
NR	Hawaiian Mission Academy K-8 1415 Makiki Street, Honolulu, HI 96814	0.422mi
5 out of 10	Robert Louis Stevenson Middle School 1202 Prospect St, Honolulu, HI 96822	0.511mi
NR	Maryknoll School 1402 Punahou Street, Honolulu, HI 96822	0.636mi
6 out of 10	President George Washington Middle School 1633 South King St, Honolulu, HI 96826	0.698mi
NR	Punahou School 1601 Punahou Street, Honolulu, HI 96822	0.709mi

School rating		Distance
NR	Hawaiian Mission Academy 1438 Pensacola Street, Honolulu, HI 96822	0.129mi
3 out of 10	President William Mckinley High School 1039 South King St, Honolulu, HI 96814	0.437mi
5 out of 10	President Theodore Roosevelt High School 1120 Nehoa St, Honolulu, HI 96822	0.615mi
NR	Maryknoll School 1402 Punahou Street, Honolulu, HI 96822	0.636mi
NR	Punahou School 1601 Punahou Street, Honolulu, HI 96822	0.709mi

Price history

Expired Mar 27, 2024

Date	Event	Price	$/sqft	Source
Mar 27, 2024	Expired	$1,598,000	$2,350.00	MLS #202325040
Jan 13, 2024	Price Decrease	$1,598,000 -0.06%	$2,350.00	MLS #202325040
Dec 16, 2023	Price Increase	$1,599,000 +900.01%	$2,351.47	MLS #202325040
Dec 16, 2023	Price Decrease	$159,899 -90%	$235.15	MLS #202325040
Nov 4, 2023	New Listing	$1,599,000	$2,351.47	MLS #202325040

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Tax & MLS details 1139 PAPAKU Place, Honolulu, HI, 96814

12 - A-2 Medium Density Apartme zoning / MLS #202324350

Current Property Taxes p/month

$503

Property Tax Year

2023

Assessed Improvement value

$48,900

Assessed Land value

$1,672,800

TMK

1-2-4-012-022-0000

Land Recorded

Regular System

Zoning

12 - A-2 Medium Density Apartme

Flood Zone

Zone X

Topography

Level

Location

Dead End

Lot Description

Clear

Property Setbacks

C&C, Of Record

Total Assessed value

$1,721,700

Listed by

RE/MAX Honolulu
(808) 687-8900

MLS #

202324350

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Stunning views

Ocean views

Open floorplan

Needs Work

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Recently sold nearby 1139 PAPAKU Place in Makiki Area

SOLD 04/24/2024

$210,000

2 beds · 1 full + 1 half baths · 753 sqft
Condo sold for $210,000

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Condo sold for $510,000

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SOLD 04/16/2024

$400,000

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Condo sold for $400,000

Healani Hale
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SOLD 04/15/2024

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Frequently asked questions for 1139 PAPAKU Place

What is 1139 PAPAKU Place?

1139 PAPAKU Place, Honolulu, HI, 96814 is a single family home located in the Makiki Area neighborhood of the Honolulu region in the city of Honolulu in zipcode 96814. This single family home has 3 bedrooms & 1 bathrooms with an interior area of 680 sqft, on a 6750 sqft lot.

When was this home built and last sold?

This house was build in 1954.

What is the full address of this home?

1139 PAPAKU Place, Honolulu, HI, 96814.

Are there beaches near 1139 PAPAKU Place?

The nearest beach is 1.059 miles away, called Ala Moana Beach. It should take about 5 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of RE/MAX Honolulu. Some 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. 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 01, 2024.
Hawaii House Last checked less than a minute ago.

1139 PAPAKU Place, Honolulu, HI, 96814 is a single family home located in the Makiki Area neighborhood of the Honolulu region in the city of Honolulu in zipcode 96814. This single family home has 3 bedrooms & 1 bathrooms with an interior area of 680 sqft, on a 6750 sqft lot. This house was build in 1954.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

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1139 PAPAKU Place, Honolulu, HI 96814

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