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1085 Karratti Ln, Honolulu, HI, 96822
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1085 Karratti Ln, Honolulu, HI 96822

$1,580,000 $1,730,000 Multi-Family Home sold 0 sqft Neighborhood:  Makiki Area Sold 07/10/2013 $1,580,000 $1,730,000
4 min drive to Concessions
About lifestyles
6 Unit Excellent condition apartment complex. Good income. Must see 2 Bedroom either for owner / Occupant or executive rental unit with Patio and Garden and Exercise place. Every unit has own washer and dryer.
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Multi-family details

1959 year built
  • Year Built 1959
  • Original list price $1,730,000
  • Days on market 135
  • Building type Apartments
  • Address

    1085 Karratti Ln, Honolulu, HI, 96822

  • Neighborhood Makiki Area
  • Land tenure FS - Fee Simple
  • Land SqFt 7,033 sqft
  • View City, Garden

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$8,056
Taxes
$241
HOA dues
$0
$8,297 per month
Mortgage
Down payment
$316,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $8,056 / month

Neighborhood: Makiki Area

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
11.00 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

6 total units
# of 1 Bd
2
# of 2 Bd
4
# of 3 Bd
0
Total Units
6

Amenities & Features

6 parking places
Stories
Two
Roof
Asphalt Shingle
Construction
Hollow Tile, Single Wall, Slab
Utilities
Cable, Connected, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Above Average, Excellent
Parking
Assigned, Open
nr.of parking places
6
Amenities
Storage

Income

Net Operating Income: $83,520
Total Actual Rent
$107,520
Total Annual Operating Expenses
$24,000
Total Income
$107,520
Net Operating Income
$83,520

Makiki Area prices

Average price $518.06k
Neighborhood average sales price*
$518.06k
Neighborhood median sales price*
$500k
Number or sales*
18
Street median sales price*
$600k
Median sale price Honolulu Park Place*
$600k
*last 6 months

Schools

15 schools with rating up to 9
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.313mi
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
Middle School
0.282mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.121mi
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.313mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.42mi
9
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
0.432mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.493mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.511mi
School rating Distance
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.282mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.511mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.688mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.716mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.81mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.121mi
5
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.422mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.628mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.688mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.716mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jul 10, 2013
Date Event Price $/sqft Source
Jul 10, 2013 Sold $1,580,000 -8.67% from last sold price 0 Public Record
May 11, 2013 In Escrow - still showing $1,730,000 0 MLS #1302173
Feb 26, 2013 New Listing $1,730,000 +73.87% 0 MLS #1302173
Sep 16, 2011 Sold $995,000 -20.4% from last sold price 0 Public Record
Aug 18, 2011 In Escrow - not showing $1,250,000 0 MLS #1107700
Jul 1, 2011 In Escrow - still showing $1,250,000 0 MLS #1107700
Jun 22, 2011 New Listing $1,250,000 0 MLS #1107700
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Tax & MLS details 1085 Karratti Ln, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #1302173
Current Property Taxes p/month
$241
Property Tax Year
2011
Assessed Improvement value
$191,500
Assessed Land value
$739,900
TMK
1-2-4-018-011-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$931,400
Listed by
Tropical Hawaii Realty
MLS #
1302173
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Recently sold nearby 1085 Karratti Ln in Makiki Area

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Frequently asked questions for 1085 Karratti Ln

When was this multi-family home built and last sold?

This house was build in 1959 and sold in 2013.

What is the full address of this multi-family home?

1085 Karratti Ln, Honolulu, HI, 96822.

Are there beaches near 1085 Karratti Ln?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Tropical Hawaii Realty. 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 July 10, 2013.
Hawaii House Last checked 1 minute ago.

Multi-Family Home sold $1,580,000 $1,730,000 1085 Karratti Ln, Honolulu, HI, 96822 0 sqft Save House Remove from Saved