SOLD 05/29/2020
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Multi-Family sold for $3,675,000 in 5 days
721 Menehune Ln Honolulu, HI, 96826
Neighborhood: KapiolaniOff the market 10,926 sqft
The Ultimate Find! Well-maintained 3 story hollow tile building with 1:1 parking off Date Street. Excellent rent ability, super stable tenant pool, and all units separately metered for electric. New roof 2016 with 12 year roof warranty, 2017 brand new guard rails with spalling repair.
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Property details
1968 year built
View
Other
Price per sqft
$336/sqft
Address
721 Menehune Ln, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments,Multi Dwellings
Year Built
1968
Frontage
Stream/Canal
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
15 parking places
Stories
Three
Furnished
Partial
Roof
Other
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Above Average
nr.of parking places
15
Garage & Parking
Open
Amenities
None
Listed by
Christina L Dwight, Commercial Inv. Strategies
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
MLS #
202004331
Buyer agent
Name
Vincent Lao
Brokerage company
Five Star Realty, Inc.
(808) 382-6871
(808) 382-6871
Payment calculator
Calculate your monthly payments
Mortgage
$11,284
Taxes
$901
HOA dues
$0
Mortgage
$735,000 / 20%
2.28%
30 years
Your amount
$11,284 / month
Exterior Features
Hollow Tile construction and more
Construction
Hollow Tile
Lot details
TMK #1270230420000
Lot Description
Clear
Parcel nr.
1270230420000
Kapiolani 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 Kapiolani
30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income
Age & gender
Median age 44 years
More info
Commute types
65% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$825.66k
Neighborhood average
sales price*
sales price*
$572.02k
Neighborhood median
sales price*
sales price*
1216
Number
of sales*
of sales*
Housing type
60% are apartments
More info
Rooms
38% of the houses have 2 or 3 rooms
More info
Bedrooms
45% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are renters
More info
10.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Unit Information
# of 3 Bd
15
Income
Total Actual Rent
$13,725
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Elementary School |
0.235mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School |
0.235mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School |
0.235mi | |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.235mi | |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.254mi |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.438mi |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.583mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.654mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.235mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.439mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.732mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.741mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.868mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.235mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.253mi |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.439mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.729mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.732mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold May 29, 2020
Kapiolani Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $295k | 11.11% |
| 1 bed | $430k | 33.33% |
| 2 beds | $609.5k | 44.44% |
| 3 beds | $790k | 11.11% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 29, 2020 | Sold | $3,675,000 | 336.35 | Public Record |
| May 29, 2020 | Price Decrease | $3,675,000 -8.13% | 336.35 | MLS #202004331 |
| Apr 18, 2020 | Pending | $4,000,000 | 366.1 | MLS #202004331 |
| Mar 29, 2020 | Under contract | $4,000,000 | 366.1 | MLS #202004331 |
| Mar 25, 2020 | For sale | $4,000,000 | 366.1 | MLS #202004331 |
| Mar 6, 2020 | Under contract | $4,000,000 | 366.1 | MLS #202004331 |
| Mar 6, 2020 | New Listing | $4,000,000 | 366.1 | MLS #202004331 |
Taxes of 721 Menehune Ln, Honolulu, HI, 96826
12 - A-2 Medium Density Apartme zoning / MLS #202004331
Current Property Taxes p/month
$901
Assessed Improvement value
$901,900
Assessed Land value
$2,365,300
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AE
Topography
Level
Location
Cul-De-Sac,Dead End,Inside
Total Assessed value
$3,267,200
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2020 | $10,818 | MLS #202004331 |
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.
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Frequently Asked Questions about 721 Menehune Ln
Which year was this multi-family built?
This multi-family was build in 1968.
Which year was this property last sold?
This property was sold in 2020.
What is the full address of this Multi-Family?
721 Menehune Ln, Honolulu, HI, 96826.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies.
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: May 29, 2020
Verhouse Last checked 2 minutes ago
The closest grocery stores are Kokua Market Natural Foods, 0.39 miles away and Safeway Kapahulu, 0.39 miles away.
The Kapiolani neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.99 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.