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Multi-Family sold for $1,050,000 in 10 days

1199 Olomea St Honolulu, HI, 96817

Neighborhood: Kapalama

Off the market 2,856 sqft

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Two buildings: 2-story duplex (3/1 each) and single level duplex (2/1 and 1/1 units). Four units total. Parking for 8 cars. Conveniently located in the Kapalama area. Great potential for improvement.
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Property details

1951 year built
View
None
Price per sqft
$367/sqft
Address
1199 Olomea St, Honolulu, HI, 96817
City of Hawaii
Honolulu
Island
Oahu
Building type
Multi Dwellings
Year Built
1951
Land tenure
FS - Fee Simple
Neighborhood
Kapalama
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

8 parking places
Stories
One, Two
Furnished
None
Roof
Composition
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Fair
nr.of parking places
8
Garage & Parking
Assigned, Open, Tandem
Amenities
None

Listed by

Aiko S Miyatake, Amber Properties LLC
Name
Aiko S Miyatake
License number
RB-14596
Brokerage company
Amber Properties LLC
MLS #
202106771

Payment calculator

Calculate your monthly payments
Mortgage
$3,224
Taxes
$314
HOA dues
$0
$3,538 per month
Mortgage
$210,000 / 20%
2.28%
30 years
Your amount $3,224 / month

Exterior Features

Above Ground, Concrete, Hollow Tile, Single Wall, Slab, Wood Frame construction and more
Construction
Above Ground, Concrete, Hollow Tile, Single Wall, Slab, Wood Frame

Lot details

TMK #1160030170000
Lot Description
Clear
Parcel nr.
1160030170000

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

33%
Families with children
National average: 39%
28%
Non family households
416,417
Population
$128,695
Average Income

Age & gender

Median age 42 years
More info

Commute types

68% commute by car
More info

Education level

24% 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

$838.2k
Neighborhood average
sales price*
$609.89k
Neighborhood median
sales price*
636
Number
of sales*

Housing type

51% are apartments
More info

Rooms

33% of the houses have 2 or 3 rooms
More info

Bedrooms

53% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
17.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

# of 1 Bd
1
# of 2 Bd
2
# of 3 Bd
1

Income

Total Actual Rent
$7,100

Schools

15 schools with rating up to 9
School rating Distance
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
Elementary School
0.387mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
Middle School
0.235mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
High School
0.235mi
School rating Distance
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.387mi
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
0.439mi
9
out of 10
Kapalama Elementary School
1601 North School St, Honolulu, HI 96817
0.48mi
7
out of 10
Lanakila Elementary School
717 North Kuakini St, Honolulu, HI 96817
0.537mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.566mi
School rating Distance
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.235mi
5
out of 10
King David Kalakaua Middle School
821 Kalihi St, Honolulu, HI 96819
0.474mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.566mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.728mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.85mi
School rating Distance
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.235mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.378mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.728mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.85mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.932mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jun 25, 2021

Kapalama Median sales price 2024

Bedrooms Med. price % of listings
Not specified $190k 9.09%
1 bed $332.5k 36.36%
2 beds $379.75k 18.18%
3 beds $450k 18.18%
6 beds $1.2m 9.09%
10 beds $1.31m 9.09%
Date Event Price $/sqft Source
Jun 25, 2021 Sold $1,050,000 367.65 Public Record
Jun 25, 2021 Price Decrease $1,050,000 -12.5% 367.65 MLS #202106771
Mar 26, 2021 Under contract $1,200,000 420.17 MLS #202106771
Mar 11, 2021 New Listing $1,200,000 420.17 MLS #202106771

Taxes of 1199 Olomea St, Honolulu, HI, 96817

05 - R-5 Residential District zoning / MLS #202106771
Current Property Taxes p/month
$314
Assessed Improvement value
$270,400
Assessed Land value
$866,200
Land Recorded
Regular System
Zoning
05 - R-5 Residential District
Flood Zone
Zone X
Topography
Level
Total Assessed value
$1,136,600

Tax History

Year Taxes Source
2021 $3,768 MLS #202106771
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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 1199 Olomea St, Honolulu, HI, 96817

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Open floorplan
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Frequently Asked Questions about 1199 Olomea St

Which year was this multi-family built?

This multi-family was build in 1951.

Which year was this property last sold?

This property was sold in 2021.

What is the full address of this Multi-Family?

1199 Olomea St, Honolulu, HI, 96817.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Amber Properties 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: Jul 01, 2021
Verhouse Last checked 1 minute ago


The closest grocery stores are Palama Supermarket, 0.22 miles away and Times Supermarket, 0.63 miles away.
The Kapalama neighborhood has a population of 416,417, and 33% of the families have children. The median age is 42.99 years and 68% commute by car. The most popular housing type is "apartment" and 51% is renter.
Multi-Family Sold $1.05m 1199 Olomea St, Honolulu, HI, 96817 2,856 sqft Save House Remove from Saved