For
Sale

202119927

Ala Wai Plaza
500 University Ave #2216
Honolulu, HI 96826

For Sale
Sold
Sold Price
$675,000 (FS)
List Price
$650,000 (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:
2 - Assigned, Covered - 2, Garage, Guest
MLS #:
202119927
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPIOLANI
TMK:
1-2-7-013-002-0324
List Date:
Date Sold:

REMARKS:

Gorgeous Oceanviews from this corner 3 bedroom/2.5 bath split unit on the 22nd floor with 2 PARKING STALLS, with the size of a single family home. Additional stalls are worth minimum 35k to 45k and are in high demand. Two separate 3-bathroom units at Ala Wai Plaza have sold in the last six months; neither unit paid off major plumbing assessment which adds $209/month to the maintenance fees. This unit however has paid for the $44, 480.01 special assessment in full so maintenance fees are $209/month less. There are some issues with the unit but can be renovated to your own liking hence the asking price much lower than the last sold in the building. What's special about the unit is the wonderful tradewinds that blow down from Manoa Valley through the entire unit which makes it a very desirable place to live. Well maintained building with low maintenance fees at $0.60/sq ft.

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PROPERTY INFORMATION:

Zoning:
13 - A-3 High Density Apartment
Furnished:
None
Year Built:
1970
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$106,300
Assd. Val. Imprv:
$541,800
Assd. Val. Total:
$648,100
Tax Year:
2020
Monthly Taxes:
$197
Home Exempt.:
$0
Maintenance Fees:
$857/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
Other, Stream/Canal
View:
City, Marina/Canal, Mountain, Ocean
Pool:
--
Amenities:
BBQ, Car Wash, Condo Association Pool, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Private Yard, Recreation Area, Recreation Room, Resident Manager, Security Guard, Storage, Trash Chute, Wall/Fence
Inclusions:
Cable TV, Chandelier, Dishwasher, Disposal, Drapes, Range Hood, Range/Oven, Refrigerator
Security:
Key, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:
Cable TV, Hot Water, Internet Service, Sewer, Water
Other Fee Inclusions:
Association, Maintenance, Sewer
Lot Description:
--
Topography:
--
Number of Stories:
Two, Split Level
Building Style:
High-Rise 7+ Stories
Property Condition:
Fair, Needs Major Repair
Construction:
Above Ground, Concrete, Hollow Tile, Masonry/Stucco
Roofing:
--
Floor Covering:
Ceramic Tile, W/W Carpet
Disclosures:
None, Pets Allowed (Verify), Property Disclosure Stmt
Possession:
45 Days or Less, 45 Days or More, At Closing
Terms Accept.:
A/S, Cash, Conventional, FHA, USDA Financing, VA
Land Recorded:
Dual Systems
Exclusions:
Chandelier, Drapes, Refrigerator
Easements:
--
Set-Backs:
--
Compensation*:
2.5%

* 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 Sunday, May 22, 2022.  Information is deemed reliable but not guaranteed.  Copyright: 2022 by HiCentral MLS, Ltd.  Listing courtesy of Oahu International Realty

Honolulu Board of REALTORS® 1136 12th Avenue, Suite 200 Honolulu, Hawaii 96816
Phone: (808) 732-3000
Fax: (808) 732-8732
Email:
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