500 University Ave #1416

ALA WAI PLAZA
500 University Ave #1416
Honolulu, HI 96826

For Sale

Sold

Sold Price

$700,000 (FS)

List Price

$680,000 (FS)

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

Land Area (sf):: 6,941,983
Living (sf):: 1,540
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 2 - Assigned, Covered - 2

MLS #:: 202200387
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: KAPIOLANI
TMK:: 1-2-7-013-002-0220

List Date:: January 11, 2022
Date Sold:: April 27, 2022

REMARKS:

Gorgeous Waikiki, Ala Wai canal and park view from this corner 3 bedroom/2.5 bath split unit on the 14th floor with rarely available 2 covered parking on the 2nd floor. Additional stalls are worth approx. 35k to 45k and are in high demand. The wonderful trade winds that blow down from Manoa Valley through the entire unit which makes it a very desirable place to live. Enclosed Lanai. Well maintained building with low maintenance fees. . Property will be sold in "AS IS" condition. Re-piping and plumbing special assessment approx. $45k is added $209/month to the maintenance fees. The Buyer has to assume the balance of Special assessment. Pls ask to listing agent more details.

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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:: $110,600
Assd. Val. Imprv:: $593,300
Assd. Val. Total:: $703,900

Tax Year:: 2022
Monthly Taxes:: $186
Home Exempt.:: $0

Maintenance Fees:: $873/mo.
Association Fees:: --/mo.
Other Fees:: $209/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other, Stream/Canal
View:: City, Marina/Canal, Mountain, Sunset
Pool:: --
Amenities:: BBQ, Car Wash, Club House, Community Association Pool, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Private Yard, Recreation Area, Recreation Room, Resident Manager, Security Guard, Trash Chute, Wall/Fence
Inclusions:: Cable TV, Chandelier, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Security:: Card, Key, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: Cable TV, Hot Water, Internet Service, Sewer, Water
Other Fee Inclusions:: Maintenance, Sewer, Special Assessment

Lot Description:: --
Topography:: --
Number of Stories:: Split Level, 8-14
Building Style:: High-Rise 7+ Stories
Property Condition:: Fair
Construction:: Above Ground, Concrete, Hollow Tile, Masonry/Stucco
Roofing:: --
Floor Covering:: Hardwood, Laminate

Disclosures:: Non Resident Owner, Pets Allowed (Verify), Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

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 Friday, April 26, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Hawaii Double A Realty LLC