500 University Ave #1606

Ala Wai Plaza
500 University Ave #1606
Honolulu, HI 96826

For Sale

Sold

Sold Price

$685,000 (FS)

List Price

$699,999 (FS)

Property Type:: Condo/Townhouse
Bedrooms:: 3
Full Baths:: 2
Half Baths:: 1

Land Area (sf):: 6,941,983
Living (sf):: 1,432
Lanai (sf):: 105
Other (sf):: --

Parking Stalls:: 1 - Assigned, Covered - 1, Other, Street

MLS #:: 201807819
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: KAPIOLANI
TMK:: 1-2-7-013-002-0248

List Date:: March 23, 2018
Date Sold:: June 07, 2018

REMARKS:

One of a kind! Rare 3 BR 2.5 BA with 1400 interior sqft living an extra large lanai in the heart of Honolulu. Beautiful expansive views of the ocean, canal, and the Waikiki skyline w/ picturesque sunsets and city lights in the evening. Hard to find this price range for 3 bedrooms and low monthly maint. fees. Ala Wai Plaza will have undergone a significant infrastructure refresh to make it a building with a future. When compared with other buildings of the same vintage, in the same area, where similar aging issues are being seen (but perhaps not acknowledged) for only around $270 a month. Solid concrete building and has been tested by the fire department and per sources, not required to have sprinklers. Please verify with BLDG MGR. Pet-friendly/VA approved bldg with 24hr security.

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PROPERTY INFORMATION:

Zoning:: 13 - A-3 High Density Apartment
Furnished:: Partial

Year Built:: 1970
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $87,200
Assd. Val. Imprv:: $588,600
Assd. Val. Total:: $675,800

Tax Year:: 2017
Monthly Taxes:: $171
Home Exempt.:: $80,000

Maintenance Fees:: $766/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

Elem. School:: Ala Wai
Middle School:: Washington
High School:: Kaimuki

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Diamond Head, Marina/Canal, Mountain, Ocean
Pool:: --
Amenities:: BBQ, Exercise Room, Meeting Room, Other, Patio/Deck, Pool on Property, Resident Manager, Security Guard, Trash Chute
Inclusions:: AC Window Unit, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Washer
Security:: Key, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: --

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: High-Rise 7+ Stories
Property Condition:: Above Average, Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Ceramic Tile, Laminate

Disclosures:: Pets Allowed (Verify), Property Disclosure Stmt
Possession:: 45 Days or Less, 45 Days or More, At Closing, Negotiable, Subject to Rental Lease
Terms Accept.:: Cash, Conventional, VA
Land Recorded:: Regular System

Exclusions:: --
Easements:: --
Set-Backs:: --

Compensation*:: 2.5%
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, April 20, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Coldwell Banker Pacific Prop.