Hawaii House
e-mail

2902 Varsity Cir, Honolulu, HI 96826

Multi-Family · Sold · 6130 sqft · Sold 06/08/2017 $1,488,000

Surprisingly quiet, surrounded by greenery, and easy to rent studios with solid tenant pool: a stone's throw from UH, Manoa and directly across from an empty field maintained by the University, this apartment complex provides a peaceful oasis in the heart of Honolulu. 8 studios, 8 parking spaces, poured concrete construction, coin laundry, separately metered for electric. All units have ceramic tile flooring, verdant views, and cul-de-sac location means private living with ultimate convenience in all directions. Value-add opportunity with definite upside on rents. Property sold As Is, where is. Excellent value, seasoned leases, and proven return. Do not disturb tenants or enter the property without notifying listing agent. Seller prefers First American Title, Jill Kauka.
Details
  • Original list price$1,488,000
  • Days on market114
  • Building typeApartments
  • Price per sqft$243/sqft
  • Address

    2902 Varsity Cir, Honolulu, HI, 96826

  • Year Built1954
  • FrontageOther
  • NeighborhoodMoiliili
  • Land tenureFS - Fee Simple
  • Land SqFt6130 sqft
  • ViewNone
Unit Information
  • # of 1 Bd0
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units8
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofComposition
  • ConstructionConcrete
  • UtilitiesCable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Property ConditionAverage
  • ParkingOpen
  • nr.of parking places8
  • AmenitiesNone
Income
  • Total Actual Rent$7,650
  • Total Annual Operating Expenses$28,518
  • Total Income$93,240
  • Net Operating Income$64,721
Schools Nearby
-
Neighborhood - Moiliili
  • Neighborhood average sales price*$740.26k
  • Neighborhood median sales price*$380k
  • Number or sales*73
Price history
Date Event Price $/sqft Source
Jun 8, 2017 Sold $1,488,000 +55% from last sold price $242.74 Public Record
Apr 21, 2017 In Escrow - not showing $1,488,000 $242.74 MLS 201702623
Mar 31, 2017 Under contract $1,488,000 $242.74 MLS 201702623
Feb 14, 2017 New Listing $1,488,000 $242.74 MLS 201702623
Jan 27, 2017 Withdrawn $1,580,000 $257.75 MLS 201621518
Jan 27, 2017 Back On Market $1,580,000 $257.75 MLS 201621518
Oct 31, 2016 In Escrow - not showing $1,580,000 $257.75 MLS 201621518
Oct 31, 2016 Under contract $1,580,000 $257.75 MLS 201621518
Aug 18, 2016 New Listing $1,580,000 $257.75 MLS 201621518
Jul 26, 2008 Sold $960,000 +19.11% from last sold price $156.61 Public Record
Jun 17, 2008 Under contract $1,095,000 $178.63 MLS 2802223
Apr 26, 2008 Price Decrease $1,095,000 -8.37% $178.63 MLS 2802223
Apr 25, 2008 Back On Market $1,195,000 $194.94 MLS 2802223
Apr 16, 2008 Under contract $1,195,000 $194.94 MLS 2802223
Mar 24, 2008 Price Decrease $1,195,000 -7.72% $194.94 MLS 2802223
Feb 5, 2008 New Listing $1,095,000 $178.63 MLS 2802223
May 21, 2007 Sold $806,000 $131.48 Public Record
Apr 1, 2007 Expired $829,000 $135.24 MLS 2620130
Feb 7, 2007 In Escrow - not showing $829,000 $135.24 MLS 2620130
Feb 7, 2007 Back On Market $829,000 $135.24 MLS 2620130
Jan 31, 2007 Temporarily Withdrawn $829,000 $135.24 MLS 2620130
Nov 2, 2006 New Listing $829,000 $135.24 MLS 2620130
Oct 18, 2006 Withdrawn $850,000 $138.66 MLS 2611556
Sep 29, 2006 Temporarily Withdrawn $850,000 $138.66 MLS 2611556
Sep 6, 2006 Price Decrease $850,000 -5.03% $138.66 MLS 2611556
Jun 19, 2006 New Listing $895,000 $146.00 MLS 2611556
Taxes
  • Current Property Taxes p/month$322
  • Property Tax Year2017
  • Assessed Improvement value$200,100
  • Assessed Land value$926,600
  • MLS #201702623
  • TMK1-2-8-025-013-0000
  • Land RecordedLand Court
  • Zoning11 - A-1 L
  • TopographyLevel
  • LocationCul-De-Sac,Inside
  • Lot DescriptionFlag Lot
  • Property SetbacksNone
  • Total Assessed value$1,126,700
Agent viewpoints   of 2902 Varsity Cir, Honolulu, HI, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

We do not have an Agent Viewpoint for this listing yet.

As soon as we do, we post it here.

Request more info
or Call 808-394-9779
Hawaii House
Multi-Family Sold $1,488,000 2902 Varsity Cir, Honolulu, HI, 96826 6130 sqft Remove from Saved Save House