2649 Varsity Pl, Unit 309

300 Sq. Ft.
$183 / Sq. Ft.
300
Sq. Ft.
$183
per Sq. Ft.

Description

Excellent investment! Rent to students. Walk to campus. Very high positive cash flow. Strong rent over the life of lease.Excellent investment! Rent to students. Walk to campus. Very high positive cash flow. Strong rent over the life of lease.

Property Details for 2649 Varsity Place, Unit 309

Architectural Style
Low-Rise 6 or Less Stories
View
None
Neighbourhood
MOILIILI
Flood Zone
Zone X
Land Tenure
LH - Leasehold
LISTING UPDATED: 05/19/2024 11:42 PM

Property Details for 2649 Varsity Place, Unit 309

StatusSold
MLS #2508395
Days on Market6
Taxes$18 / month
HOA Fees$132 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Townhouse / Condo
Year Built1972
CountyHonolulu County

Location

Listing Courtesy of Help-U-Sell Honolulu Prop., Sungok Lee-Cricchio, License #RB-18042

Sold By Drake Properties, Inc., Ken Hagmann, License #15441

Add your commute

Building Information for 2649 Varsity Place, Unit 309

Building/ComplexVarsity VillaFloor3Stories-Residences-Pet Policy-Pet Policy Details-Year Built1972

Payment Calculator

$418 per month

30 year fixed, 6.15% Interest

Principal and Interest

$268

Property Taxes

$18

HOA Dues

$132

The Payment Calculator is for illustrative purposes only.

Property Information for 2649 Varsity Place, Unit 309

Summary
Location and General Information
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Association Fee 2 Includes: None
  • Association Fee Includes: Hot Water, Sewer, Water
  • Association Fee Total: $132
  • Tax Amount: $18.00
  • Tax Assessed Value: $96,800.00
  • Tax Assessed Value Improvements: $87,800.00
  • Tax Assessed Value Land: $9,000.00
  • Tax Excemption Owner Occupancy: 0
  • Tax Paid By Seller: No
  • Tax Year: 2005
  • Parcel Number: 1-2-8-024-015-0034
  • HOA YN: Yes
School Information
  • Elementary School: Kuhio
  • High School: Kaimuki
  • Middle Or Junior School: Washington
Parking
  • Parking Features: Assigned, Open - 1
  • Parking Total: 1
  • Condo Parking Unit: 32
Property
Lot Information
  • Building Name: Varsity Villa
  • Floor Number: 3
  • Property Sub Type: Condo
  • Property Type: Condo/Townhouse
  • Remodelled: Partial
  • Open Other Spaces Total: 32.0
  • SQFT Roofed Living: 300.0
  • Sqft Total: 332.0
  • Land Recorded: Regular System
  • Lot Size Area: 28728.0
  • Year Built: 1972
Property and Assessments
  • Appliances: Cable TV, Disposal, Drapes, Range/Oven, Refrigerator, Smoke Detector
  • Photo Count: 1
  • New Development Construction: No
  • Property Condition: Above Average
  • Public Report Number: 335
  • Disclosures: Licensed Owner
  • Fractional Ownership: No
  • TMK Area: 128
  • TMK Condo Property Regime Number: 34
  • TMK Division: 1
  • TMK Parcel: 15
  • TMKPLAT: 24
  • TMK Section: 8
  • TMK Zone: 2
Interior and Exterior Features
Exterior Features
  • Amenities: Community Laundry
  • Construction Materials: Concrete
  • Elevators Number Of: 1
  • Flooring: Ceramic Tile, W/W Carpet
  • Security Features: Key
Interior Features
  • Baths Full: 1
  • Baths Half: 0
  • Baths Total: 1.0
  • Beds Total: 0.0
  • Furnished: Partial
Multi Family
Multi-Family Information
  • Unit Features: Corner/End, Odd# Unit, Single Level, Storage
  • Unit Number: 309
Income & Expenses
  • Maintenance Fee Amount: $132.00
Agent
Sale and Listing
  • DOM: 6
  • Management Company Name: Oishi Prop Mgmt
  • Management Company Phone: 949-4702
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Sold
  • Public Remarks: Excellent investment! Rent to students. WALK TO CAMPUS. Very high positive cash flow. Strong rent over the life of lease.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd
Rental
Rent Information
  • Lease Expiration Year: 2009
  • Lease Fee Month: $270.00
  • Lessor Name: Hao
  • Occupant Type: Tenant
  • Rent Year First: 2019
  • Rent Year Second: 2029

Property History for 2649 Varsity Place, Unit 309

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Permanently Off Market

HICENTRAL #202519262

$25,000
Sep 3, 2025

Listed (Active)

HICENTRAL #202519262

$25,000
Mar 18, 2025

Permanently Off Market

HICENTRAL #202506564

$12,000
Mar 12, 2025

Listed (Active)

HICENTRAL #202506564

$12,000
Jul 22, 2005

Sold

HICENTRAL #2508395

$55,000
Jul 15, 2005

Sold (Public Record)

Public Record #161112944

$55,000
Jun 6, 2005

Contract Signed

HICENTRAL #2508395

Jun 1, 2005

Listed (Active)

HICENTRAL #2508395

$55,000
DateEvent & SourcePrice
02/12/2026

Permanently Off Market

HICENTRAL #202519262

$25,000
09/03/2025

Listed (Active)

HICENTRAL #202519262

$25,000
03/18/2025

Permanently Off Market

HICENTRAL #202506564

$12,000
03/12/2025

Listed (Active)

HICENTRAL #202506564

$12,000
07/22/2005

Sold

HICENTRAL #2508395

$55,000
07/15/2005

Sold (Public Record)

Public Record #161112944

$55,000
06/06/2005

Contract Signed

HICENTRAL #2508395

06/01/2005

Listed (Active)

HICENTRAL #2508395

$55,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2649 Varsity Place, Unit 309

Taxable ValueLand$116,000Additions$175,200Total$291,200
Tax Record2025$914 ($76 / month)
Home Facts
Beds0Baths1Total Finished SqFt300 SqFtAbove Grade Finished SqFt300 SqFtStories1StyleCondominiumYear Built1972ZoningA-2 APARTMENTCountyHONOLULUAPN1-2-8-024-015-0034

Schools near 2649 Varsity Place, Unit 309

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Prince Jonah Kuhio Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Help-U-Sell Honolulu Prop., Sungok Lee-Cricchio, License #RB-18042

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.