445 Seaside Ave #1005

Island Colony
445 Seaside Ave #1005
Honolulu, HI 96815

For Sale

Sold

Sold Price

$195,000 (LH)

List Price

$210,000 (LH)

Property Type:: Condo/Townhouse
Bedrooms:: 0
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: 49,833
Living (sf):: 302
Lanai (sf):: 116
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202209644
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-021-026-0070

List Date:: May 18, 2022
Date Sold:: September 01, 2022

REMARKS:

Fee available on this legal short term vacation rental lodging unit in the Skyline at Island Colony hotel rental pool program. Keep it in the hotel rental pool to enjoy equal distribution of income among all other studio units in the program; manage short term rentals under the Island Colony Partner license agreement and fees; manage long term rentals; or use as a second home or primary residence! Lots of options! Features a large, deep lanai for outdoor living and mountain and canal views. Secure and popular building with excellent central location in Waikiki near world class beaches, International Marketplace, Royal Hawaiian Shopping Center, and a multitude of restaurants and shops! Fee purchase to convert unit from Leasehold to Fee Simple is estimated up to 5/31/22 (add $3.41 day thereafter) and is a separate escrow and process.

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PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: Full

Year Built:: 1979
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $52,800
Assd. Val. Imprv:: $151,800
Assd. Val. Total:: $204,600

Tax Year:: 2022
Monthly Taxes:: $237
Home Exempt.:: $0

Maintenance Fees:: $448/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: Fee Available
Lessor:: AOAO Island Colony

Lease Rent:: 173.20/2044
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: $62,353
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City, Marina/Canal, Mountain
Pool:: --
Amenities:: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Recreation Area, Sauna, Security Guard, Trash Chute, Wall/Fence
Inclusions:: AC Window Unit, Drapes, Kitchenware, Linens, Microwave, Smoke Detector
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
Construction:: Concrete
Roofing:: --
Floor Covering:: Ceramic Tile, W/W Carpet

Disclosures:: Non Resident Owner, Property Disclosure Stmt
Possession:: Subject to Rental Lease
Terms Accept.:: Cash
Land Recorded:: Dual Systems

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 Monday, May 6, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Coldwell Banker Realty