The life of an O‘ahu house


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Ah, the good old days, when candy bars were a nickel, haircuts were a quarter and a Manoa house went for … $18,750!? To give some perspective on today's housing market, we took a look at 10 single-family houses up for sale in neighborhoods all over the island and researched what they sold for over the years. All of the properties are now fee simple (fs); for those that started off as leasehold (lh), we've noted when the property converted to fee simple, and what it cost to purchase the fee. For space reasons, we didn't always list every change in ownership, but what is listed gives a fairly representative sale history for each house.

 

Manoa
4 bedrooms * 3 bathrooms * 3,806 sq.-ft. interior * 7,995 sq.-ft. lot

 

Sale price history

Price adjusted to 2004 dollars
1943 - $18,750 (fs)$202,782
1950 - $26,250 (fs)$203,791
1956 - $32,500 (fs)$223,557
1979 - $230,000 (fs) $592,741
1981 - $310,000 (fs)$638,075
2004 – offered for$1.3 million (fs)

Kailua
4 bedrooms * 3 bathrooms * 2,482 sq.-ft. interior * 12,800 sq.-ft. lot

 

Sale price history

Price adjusted to 2004 dollars
1961 - $26,500 (lh)$165,824
1970 - $54,200 (lh) $261,361
1972 - $65,000 (lh)$290,945
1977 - $115,000 (lh) $355,058
1981 - $310,000 (fs)$638,075
1982 - $30,100 (fee purchase)$58,360
2004 – offered for $925,000 (fs)

‘Aina Haina
3 bedrooms * 3 bathrooms * 2,009 sq.-ft. interior * 7,519 sq.-ft. lot

 

Sale price history

Price adjusted to 2004 dollars
1951 - $19,250 (fs)$138,526
1965 - $28,250 (fs) $167,796
1968 – $32,000 (fs) $172,046
1990 - $445,000 (fs)$637,027
2002 - $350,000 (fs) $364,008
2004 – offered for $789,000 (fs)

Sunset, Hale‘iwa
2 bedrooms * 2 bathrooms * 1,180 sq.-ft. interior * 5026 sq.-ft. lot

Sale price history

Price adjusted to 2004 dollars
1962 - $16,250 (fs)$100,675
1973 - $29,000 (fs)$122,205
1977 - $55,000 (fs)$169,810
1984 - $129,500 (fs)$233,200
1991 - $300,000 (fs)$412,115
2002 - $425,000 (fs) $442,009
2004 – offered for$849,000 (fs)

Diamond Head
4 bedrooms * 3 bathrooms * 2,708 sq.-ft. interior * 13,503 sq.-ft. lot

Sale price history

Price adjusted to 2004 dollars
1926 - $20,000 (lh)
$211,412
1958 - $35,000 (lh)
$226,592
1982 - $136,463
(fee purchase)
$264,583
1987 - $1.2 million (fs)
$1.98 million
1990 - $3 million (fs)
$4.29 million
1997 - $2 million (fs)
$2.33 million
2004 – offered for $2.75 million (fs)

Wai‘anae
4 bedrooms * 2 bathrooms * 1,488 sq.-ft. interior * 5,032 sq.-ft. lot

Sale price history

Price adjusted to 2004 dollars
1971 - $42,000 (fs)$194,029
1973 - $55,000 (fs)$231,768
1992 - $218,000 (fs)$290,718
1999 - $145,000 (fs)$162,842
2000 - $130,000 (fs) $141,249
 

2004 – offered for

$395,000 (fs)

Portlock
5 bedrooms * 3 bathrooms * 2,312 sq.-ft. interior * 15,682 sq.-ft. lot

Sale price history

Price adjusted to 2004
dollars
1968 - $51,500 (lh)$276,886
1974 - $140,000 (lh) $531,318
1977 - $150,000 (lh)$463,119
1988 - $104,386
(fee purchase)
$165,094
1990 - $725,000 (fs)$1.04 million
2004 – offered for$1.38 million (fs)

Mililani
4 bedrooms * 3 bathrooms * 2,232 sq.-ft. interior * 6,625 sq.-ft. lot

Sale price history

Price adjusted to 2004
dollars
1980 - $126,800 (fs)$287,916
1983 - $215,000 (fs)$403,881
1989 - $315,000 (fs) $475,294
1992 - $420,000 (fs)$560,100
2004 – offered for$515,000 (fs)

Lower Makakilo
3 bedrooms * 1 bathrooms * 1,074 sq.-ft. interior * 6,139 sq.-ft. lot

Sale price history

Price adjusted to 2004 dollars
1971 - $36,100 (lh)$166,773
1974 - $54,000 (lh)$204,937
1978 - $65,500 (lh)$187,961
1979 - $8,300 (fee purchase)$21,390
1981 - $117,500$241,851
2003 - $235,000 $239,219
2004 – offered for

 

$388,900 (fs)


‘Aiea Heights
4 bedroom * 2 bathrooms * 1,925 sq.-ft. interior * 18,984 sq.-ft. lot

Sale price history

Price adjusted to 2004 dollars
1954 - $8,750 (fs) $60,860
1962 - $26,000 (fs) $161,079
1985 - $215,000 (fs) $373,852
1987 - $219,000 (fs)$360,695
1989 - $320,000 (fs)$482,839
2003 - $588,000 (fs)$598,557
2004 – offered for$798,000

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