Hawaii House
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1220 Matlock Ave, Honolulu, HI 96814

Multi-Family · Sold · 3276 sqft · Sold 03/31/2008 $1,350,000 $1,395,000

Relatively young building of only 20 years old. Exterior recently painted and looks terrific! Conveniently located close to stores, school, freeway, etc. Bldg. has eight 1-bedroom units and 10-parking stalls. Each unit has an air conditioner. Income figure is pro-forma at $850/mo. per unit. Acutal rents are below market. Property to be sold in 'AS IS' Condition.
Details
  • Original list price$1,595,000
  • Days on market193
  • Building typeApartments
  • Price per sqft$412/sqft
  • Address

    1220 Matlock Ave, Honolulu, HI, 96814

  • Year Built1987
  • NeighborhoodMakiki Area
  • Land tenureFS - Fee Simple
  • Land SqFt4500 sqft
  • ViewNone
Unit Information
  • # of 1 Bd8
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units8
Amenities & Features
  • StoriesThree
  • FurnishedPartial
  • RoofOther
  • ConstructionConcrete, Double Wall, Hollow Tile
  • Property ConditionAbove Average, Excellent
  • ParkingAssigned, Covered, Open
  • nr.of parking places10
  • AmenitiesNone
Income
  • Total Actual Rent$81,600
  • Total Annual Operating Expenses$20,400
  • Total Income$81,600
  • Net Operating Income$61,200
Schools Nearby
-
Neighborhood - Makiki Area
  • Neighborhood average sales price*$386.81k
  • Neighborhood median sales price*$340k
  • Number or sales*141
Price history
Date Event Price $/sqft Source
2008-03-31 Sold $1,350,000 $412.09 Public Record
2008-03-01 In Escrow - still showing $1,395,000 $425.82 MLS 2717168
2008-02-05 Price Decrease $1,395,000 -6.69% $425.82 MLS 2717168
2007-10-26 Back On Market $1,495,000 $456.35 MLS 2717168
2007-10-26 In Escrow - still showing $1,495,000 $456.35 MLS 2717168
2007-10-22 Price Decrease $1,495,000 -6.27% $456.35 MLS 2717168
2007-10-18 Back On Market $1,395,000 $425.82 MLS 2717168
2007-10-13 In Escrow - still showing $1,395,000 $425.82 MLS 2717168
2007-09-20 New Listing $1,395,000 $425.82 MLS 2717168
Taxes
  • Current Property Taxes p/month$5,309
  • Property Tax Year2007
  • Assessed Improvement value$953,600
  • Assessed Land value$660,000
  • MLS #2717168
  • TMK1-2-4-011-070-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • Property SetbacksC&C
  • Total Assessed value$1,613,600
Agent viewpoints   of 1220 Matlock Ave, Honolulu, HI, 96814
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,350,000 $1,395,000 1220 Matlock Ave, Honolulu, HI, 96814 3276 sqft Remove from Saved Save House