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Sold for $550,000
  • $550,000

    1242 Houston St, Lanai City, HI 96763

    2beds
    1baths
    616sqft
    Single Family Residence, Residential
    Built in 1935
    6,751 Square Feet Lot
    $722,900 Zestimate®
    $893/sqft
    $2,433 Estimated rent

    Home value

    $722,900

    $687,000 - $759,000

    $2,433/mo

    Zestimate® history
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    What's special

    LARGE lot. The lot size is 6,752 square feet. The location is four blocks from Dole Park / central Lana'i City. The property is street-to-street which is desirable to many buyers. The back side of property is bordered by Ilima St; property; slopes down towards Houston St. House is plantation style home originally built in 1935. Single wall construction. Current layout is 2 bedrooms (br), 1 bathroom (ba), plus inside a lean-to with a functioning toilet, washer & dryer space, and non functioning shower. County records indicate 3 br, 1 ba. A previous seller consolidated space creating an open living space concept. When you walk through the door closest to Houston you walk into a large open space for living room, dining, and kitchen. There is a hallway going to the 2 br. A long hallway leading to the lean to space and back door. Buyer to do their own due diligence. Some improvements differ from County tax records. Home being sold in AS IS condition. Please include As Is Addendum and Lead Based Paint Addendum with offer(s). Home is occupied by long-term tenants who will move out by 11/01/23. Please do not disturb tenants. Seller is considering doing a 1031 Exchange at sellers own expense.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bart D. Baldwin RS-75316 808-649-0644,

    Help-U-Sell Honolulu Properties

    Bought with:

    Linda Kay Okamoto RB-16268, RB-16268

    Source: RAM,MLS#: 399252MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Interior area
    • Total structure area: 616
    • Total interior livable area: 616 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: None
    Lot
    • Size: 6,751 Square Feet
    • Topography: Gentle Slope
    Details
    • Parcel number: 2490040440000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Sewer Connected

    Community & HOA

    Location
    • Region: Lanai City

    Financial & listing details

    • Price per square foot: $893/sqft
    • Tax assessed value: $534,000
    • Annual tax amount: $2,223
    • Date on market: 6/29/2023

    Price history

    DateEventPrice
    6/23/2026Listing removed$749,000$1,216/sqft
    Source: RAM #408620 Report a problem
    2/2/2026Listed for sale$749,000+36.2%$1,216/sqft
    Source: RAM #408620 Report a problem
    11/3/2023Sold$550,000-7.6%$893/sqft
    Source: RAM #399252 Report a problem
    10/1/2023Pending sale$595,000$966/sqft
    Source: RAM #399252 Report a problem
    8/26/2023Price change$595,000-9.8%$966/sqft
    Source: RAM #399252 Report a problem
    6/29/2023Listed for sale$660,000+94.1%$1,071/sqft
    Source: RAM #399252 Report a problem
    8/20/2020Sold$340,000-8.1%$552/sqft
    Source: RAM #385737 Report a problem
    4/20/2020Listing removed$370,000$601/sqft
    Source: Lanai Real Estate LLC #385737 Report a problem
    3/22/2020Price change$370,000-4.1%$601/sqft
    Source: Lanai Real Estate LLC #385737 Report a problem
    1/18/2020Listed for sale$386,000+34.3%$627/sqft
    Source: Lanai Real Estate LLC #385737 Report a problem
    9/28/2018Sold$287,500+15%$467/sqft
    Source: Public Record Report a problem
    6/30/2017Sold$250,000-18%$406/sqft
    Source: RAM #373410 Report a problem
    3/21/2017Listed for sale$305,000$495/sqft
    Source: Okamoto Realty LLC #373410 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,135 +11.2%$534,000 +11.2%
    2024$2,819 +14.5%$480,200 +14.1%
    2023$2,462 +10.7%$420,800 +10.7%
    2022$2,223 +10.2%$380,000 +2.6%
    2021$2,018 +0.4%$370,200 -0.1%
    2020$2,009 +9.9%$370,500 +3.3%
    2019$1,828 $358,800 +8.4%
    2018$1,828 +356.9%$331,100
    2017$400 +2.7%--
    2016$389 $344,200 +7.3%
    2015-- $320,700 +60.4%
    2014$125 $199,900
    Find assessor info on the county website

    Neighborhood: 96763

    Nearby schools

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