NOT LISTED FOR SALE

Ae'o 1001 Queen St Unit 1504 Honolulu, HI 96814

Kaka'ako Neighborhood

Estimated Value: $1,225,905 - $1,410,000

2 Beds
2 Baths
978 Sq Ft
$911/mo HOA Fee

Last Sold June 25, 2020

Last sale price $1,180,000 $1,207 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,724/month

148 Days on Market

Highlights

  • Fitness Center
  • Main Floor Bedroom
  • Community Pool
  • Wood Flooring
  • Sauna
  • 3-minute walk to Victoria Ward Park

About This Home

As of June 2020

For Investors or 1031 exchange Fantastic Price for Preferred "04" stack on the Diamond Head side of Ae'o. Ocean view from every room! Bosch appliances, 2 swimming pools, roof top terrace, guest suites, Theater, gym, sauna and dog park! Direct access to Wholefoods and just a short walk away from Ala Moana Shopping Center. Tenants have a lease expiring next year April 23, 2021 $3600.00 rental income.

Last Agent to Sell the Property

Akimi Mallin

List Sotheby's Int'l Realty License #RB-17936 Listed on: 12/30/2019

Last Buyer's Agent

James Hager

Hawaii Life License #RS-75859

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 2018

HOA Fees

  • $911 Monthly HOA Fees

Interior Spaces

  • 978 Sq Ft Home
  • Wood Flooring
  • Closed Circuit Camera
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-002-106-0110

Community Details

Overview

  • Association fees include common areas, sewer, water
  • Ae'o Condos
  • Kakaako Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Meeting Room

Recreation

  • Recreational Area

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,152

Year Built

Built in 2018

Lot Details

0

HOA Fees

$911 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Ae'o
  • Inclusions: AC Central,Auto Garage Door Opener,Blinds,Cable TV,Dishwasher,Disposal,Drapes,Home Warranty,Microwave,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2018
  • CommunityFeatures: Barbecue, Conference/Meeting Room, Fitness, Pool, Recreation Area, Sauna
  • Road Frontage Type: Other
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: KAKAAKO
  • Entry Level: 15
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Living Area: 978.0
  • New Construction: No
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Furnished: Partially
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Two Spaces
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 911.0

Fee Information

  • Association Fee Includes: Common Areas, None, Sewer, Water

Lot Info

  • Parcel Number: 1-2-3-002-106-0110
  • Zoning Description: Kak – Kakaako Community Development Project

Multi Family

  • Maintenance Expense: 884.64
  • Total Actual Rent: 3600.0

Tax Info

  • Tax Annual Amount: 1152.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Jun 23, 2020
Sold by
Wuh Hank C K and Wuh Hank Cheng
Bought by
Cai Cheng and Cheng Cai Living Trust
Seller's Agent
Akimi Mallin
List Sotheby's Int'l Realty
Buyer's Agent
James Hager
Hawaii Life
List Price
$1,280,000
Sold Price
$1,180,000
Premium/Discount to List
-$100,000
-7.81%
Current Estimated Value
$1,303,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,976
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Nov 30, 2018
Sold by
1001 Queen Llc
Bought by
Wuh Hank C K and Wuh Hank Cheng Kong
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cai Cheng $1,180,000 Or
Cai Cheng $1,180,000 Or
Wuh Hank C K $1,296,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1001 Queen Llc $230,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $1,180,000 -7.8% $1,207 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $1,280,000 -- $1,309 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,340 $1,251,400 $72,700 $1,178,700
2024 $7,340 $1,293,000 $69,500 $1,223,500
2023 $7,990 $1,350,000 $69,500 $1,280,500
2022 $6,776 $1,216,800 $67,400 $1,149,400
2021 $6,486 $1,189,100 $64,200 $1,124,900
2020 $6,103 $1,152,700 $63,200 $1,089,500
2019 $532 $329,100 $64,200 $264,900
2018 $532 $152,000 $63,700 $88,300
2017 $720 $205,800 $188,800 $17,000
2016 $752 $214,900 $198,600 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201935816

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-002-106-0110