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Land sold for $620,000 in 147 days

1516 Iao Ln Honolulu, HI, 96817

Neighborhood: Kapalama

Off the market 0.17 acres

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So much potential in this large lot over 7500 sq.ft. in R-5 zoning! Interesting shape with lots of possibilities. Near schools, freeway, shops, restaurants, churches, bus lines.
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Property details

Oahu county
View
None
Land area
7,606 sqft (0.17 acres)
Price per sqft
$81/sqft
Address
1516 Iao Ln, Honolulu, HI, 96817
City of Hawaii
Honolulu
Island
Oahu
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Kapalama
District
Honolulu
Zoning
05 - R-5 Residential District

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Listed by

Lori K Kaizawa, True Real Estate Hawaii LLC
Name
Lori K Kaizawa
License number
RB-21873
Brokerage company
True Real Estate Hawaii LLC
MLS #
202109263

Buyer agent

Name
Gordon CY Au
Brokerage company
Pacific Realty Associates
(808) 228-8881

Payment calculator

Calculate your monthly payments
Mortgage
$1,904
Taxes
$229
HOA dues
$0
$2,133 per month
Mortgage
$124,000 / 20%
2.28%
30 years
Your amount $1,904 / month

Lot details

TMK #1160070260000
Lot Description
Other
Parcel #
1160070260000

Kapalama neighborhood info

Essentials nearby
Neighborhood stats
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

People living in Kapalama

32%
Families with children
National average: 39%
28%
Non family households
416,417
Population
$128,695
Average Income

Age & gender

Median age 43 years
More info

Commute types

67% commute by car
More info

Education level

25% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

45% have 1 vehicle
More info

Vehicles by gender

45% have 1 vehicle
More info

Housing market insights for

$826.99k
Neighborhood average
sales price*
$583.62k
Neighborhood median
sales price*
686
Number
of sales*

Housing type

54% are apartments
More info

Rooms

34% of the houses have 2 or 3 rooms
More info

Bedrooms

53% have 2 or 3 bedrooms
More info

Owners vs Renters

50% are renters
More info
11.5 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Utilities

Overhead Electricity, Public Water, Sewer, Telephone
Utilities
Overhead Electricity, Public Water, Sewer, Telephone

Location Details, Documents & Disclosures

Documents & disclosure
None

Schools

15 schools with rating up to 7
School rating Distance
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
Elementary School
0.064mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
Middle School
0.243mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
High School
0.417mi
School rating Distance
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.064mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.243mi
7
out of 10
Lanakila Elementary School
717 North Kuakini St, Honolulu, HI 96817
0.252mi
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
0.357mi
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.522mi
School rating Distance
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.243mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.417mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.712mi
NR
Waolani Judd Nazarene School
408 Judd Street, Honolulu, HI 96817
0.777mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.786mi
School rating Distance
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.417mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.698mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.712mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.937mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.976mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 8, 2021

Kapalama Median sales price 2024

Bedrooms Med. price % of listings
Not specified $190k 12.5%
1 bed $332.5k 50%
3 beds $450k 12.5%
6 beds $1.2m 12.5%
10 beds $1.31m 12.5%
Date Event Price $/sqft Source
Dec 8, 2021 Sold $620,000 81.51 Public Record
Dec 8, 2021 Price Decrease $620,000 -9.99% 81.51 MLS #202109263
Oct 13, 2021 Under contract $688,800 90.56 MLS #202109263
Sep 22, 2021 Price Decrease $688,800 -13.89% 90.56 MLS #202109263
Jul 30, 2021 Price Decrease $799,900 -4.76% 105.17 MLS #202109263
Apr 16, 2021 New Listing $839,900 110.43 MLS #202109263

Taxes of 1516 Iao Ln, Honolulu, HI, 96817

05 - R-5 Residential District zoning / MLS #202109263
Current Property Taxes p/month
$229
Assessed Improvement value
$0
Assessed Land value
$844,800
Land Recorded
Regular System
Flood Zone
Zone X
Topography
Level
Location
Other
Total Assessed value
$844,800

Tax History

Year Taxes Source
2020 $2,748 MLS #202109263
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 1516 Iao Ln, Honolulu, HI, 96817

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Frequently Asked Questions about 1516 Iao Ln

What is 1516 Iao Ln?

1516 Iao Ln is a lot of 0.17 acres (about is 7,606 sqft).

What is the full address of this Land?

1516 Iao Ln, Honolulu, HI, 96817.

Tell me about the point of interest nearby

The closest grocery stores are Palama Supermarket, 0.27 miles away and Times Supermarket, 0.46 miles away.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of True Real Estate Hawaii LLC.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Dec 08, 2021
Verhouse Last checked less than a minute ago


The closest grocery stores are Palama Supermarket, 0.27 miles away and Times Supermarket, 0.46 miles away.
The Kapalama neighborhood has a population of 416,417, and 32% of the families have children. The median age is 43.49 years and 67% commute by car. The most popular housing type is "apartment" and 50% is renter.
Land Sold $620k 1516 Iao Ln, Honolulu, HI, 96817 0.17 acres Save House Remove from Saved