Hawaii Living

2727 Booth Road (Punchbowl)

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2727 Booth Road

(Punchbowl)

2727 Booth Road, Honolulu
This property was sold March 24, 2020 for $775,000
Description
Tremendous opportunity for possible duplex (please verify) new construction or remodel on this 9,366 sf lot zoned R-5 with wide (approx 89') street frontage on Booth Road. Seller open to Agreement of Sale to allow your client time to build/improve and refinance or draw equity from another property to pay off the A/S. Either option provides greater cash flow and Return On Investment with leveraged financing versus all cash. Quick closing possible for your client's 1031 exchange.
Past Activity
  • Mar 24, 2020 Sold @ $775K
  • Feb 14, 2020 In Escrow
  • Jan 30, 2020 Back to Active
  • Jan 14, 2020 In Escrow
  • Dec 03, 2019 Price ↓ $795K
  • Sep 13, 2019 Listed @ $825K
More Details
  • Price / Interior Sf: $538
  • Owner, Tax & Resale History: Click here
  • MLS: 201926031
  • Occupancy Type: Tenant,Vacant
  • Elementary School: Pauoa
  • Middle School: Kawananakoa
  • High School: Roosevelt
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • TMK: 1-2-2-26-25-0
  • Tax Assessed Land: $832,600
  • Tax Assessed Improvements: $85,900
  • Tax Assessed Total: $918,500
  • Special Sales Terms: None
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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 07, 2020. Information is deemed reliable but not guaranteed.
2727 Booth Road - listing courtesy Locations LLC.

Sold 3/24/20 for

$775,000

Living

1,478 sqft

Baths

2

Beds

7

 
 
    Description
    Tremendous opportunity for possible duplex (please verify) new construction or remodel on this 9,366 sf lot zoned R-5 with wide (approx 89') street frontage on Booth Road. Seller open to Agreement of Sale to allow your client time to build/improve and refinance or draw equity from another property to pay off the A/S. Either option provides greater cash flow and Return On Investment with leveraged financing versus all cash. Quick closing possible for your client's 1031 exchange.
    See our video of Punchbowl homes.

    About Punchbowl Homes
    Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

    Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same place.

    Lower has been especially taken up with condominiums in recent decades, being closer to town and its flatter lands making it more accommodating to those structures.

    Turn your eyes up the slopes and now you're looking at the Upper area, which holds the vast majority of Punchbowl houses – and what homes they are! These hills here were where middle to upper class Honolulu famil  ....click here to read more
    • Mar 24, 2020 Sold @ $775K
    • Feb 14, 2020 In Escrow
    • Jan 30, 2020 Back to Active
    • Jan 14, 2020 In Escrow
    • Dec 03, 2019 Price ↓ $795K
    • Sep 13, 2019 Listed @ $825K
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 07, 2020. Information is deemed reliable but not guaranteed.
    2727 Booth Road - listing courtesy Locations LLC.
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn more about Oahu property taxes here.
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