87-1980 Pakeke St Apt U Waianae, HI 96792

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3 beds · 2 baths · 1,234 sq ft · Lot Size: 3,527 sq ft · Residential Condominium · Nanakuli-Maili
Est. Property Value: $572,624

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87-1980 Pakeke St Apt U is in the Nanakuli-Maili neighborhood of Waianae, HI. It is located in Honolulu County and ZIP code 96792. This Residential Condominium was built in 2005 and is approximately 20 years old. The residential condominium spans 1234 sq ft with 3 bedrooms and 2 bathrooms and sits on a 3527 sq ft lot. According to public records, it was last sold in 2019 for $420,000 and has a tax-assessed value of $612,900, which is $464 per sq ft. The Nanakuli-Maili area of Waianae has 335 residential homes with an average size of 1180 sq ft. Analyze and compare real estate investment strategies for properties like this home at 87-1980 Pakeke St Apt U Waianae, HI 96792 with Property Intel by Whitepages.

87-1980 Pakeke St Apt U

Waianae, HI 96792

Owner Info

Owners & Occupancy for 87-1980 Pakeke St Apt U

This property is owned by Joseph Edward Jellen. Owner contact information includes 8 phone numbers and 4 email addresses.

Property Owners

OccupationClerk, United States Postal Service
Cell Phone(808) ***-****View Cell Phone
Residence***********
Landline(360) 279-1269
Distance from Property**********
Email Address*******@excite.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********** age 71
Resident 2**************** age 53
Resident 3******************** age 50

Property Financials for 87-1980 Pakeke St Apt U

87-1980 Pakeke St Apt U, Waianae, HI has a mortgage from Navy Fcu (orig. March 25, 2019). The Honolulu county assessment for 2024 values it at $612,900, with annual taxes of $1,725.

Mortgage & Equity Information

Loan Amount$******
LenderNavy Fcu
Origination DateMarch 25, 2019
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateMarch 25, 2019
Property Tax Amount$1,725 in 2024
Purchase Price$420,000
Assessed Value$612,900 on 2024

Investment Potential for 87-1980 Pakeke St Apt U

The property has a current estimated value of $572,624, which is 0% below the neighborhood median, based on public records. It last sold on March 25, 2019 for $420K. Projected long-term
is $36,600 annually ($3,050 per month) with a 89% occupancy rate.

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Long-Term

Gross Rental
$36,600 per year($3,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 96792 zip code
 
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Property Details for 87-1980 Pakeke St Apt U

Property Details

Property Sq Ft

Living Area

1,234 sq ft

5% above market

Lot Size

3,527 sq ft

13% below market

Price Per Sq Ft

Living Area

$464 / sq ft

2% below market

Lot Size Area

$162 / sq ft

15% above market

Property condition, age, exterior, etc. for 87-1980 Pa…
Longitude: -158.163707 Latitude: 21.407586 Parcel Number (APN): 1-8-7-010-022-0095…

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Market Benchmarks

Compare data for 87-1980 Pakeke St Apt U in Honolulu County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$572,624
$846,735
-$274,111 (-32%)
$917,094
-$190,476 (-21%)
YoY Price Change
Year Built
2005
1993
12 years
Living Space
1,234 sq ft
1,274 sq ft
-40 (-3%)
$ Per Living Sq Ft
$464
$664
-$200 (-30%)
Lot Size
3,527 sq ft
69,696 sq ft
-66169 (-95%)
$ Per Lot Sq Ft
$162
$11
$152 (1399%)

Net Operating Income
$27,394
-$1,571 (-6%)
Annual Revenue
$36,600
$42,600
-$6,000 (-14%)
$14,371
-$3,594 (-25%)
Net Operating Income
$27,394
-$1,571 (-6%)
Cap Rate
3.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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