NOT LISTED FOR SALE

Park Lane Ala Moana 1388 Ala Moana Blvd Unit 3705 Honolulu, HI 96814

Kaka'ako Neighborhood

Estimated Value: $5,022,000 - $5,558,000

2 Beds
2.5 Baths
1,812 Sq Ft
$2,218/mo HOA Fee

Last Sold July 12, 2017

Last sale price $4,250,000 $2,345 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $35,222/month

47 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Ocean View
  • Heated Pool
  • Clubhouse

About This Home

As of July 2017

New Photos! Park Lane has set a new standard of Luxury living. Fronting Ala Moana Beach Park, world-class shopping, dining and water activities are at your door. The finest craftsmanship/materials have been used to create resort like surroundings. Exceptional service, security and amenities are offered: two social rooms, gym, pool/spa, cabanas, treatment room, private training room, three guest suites, great lawn for social functions, theater and so much more. Unit 3705 features two bed/two and one half baths, separate den/office area, large separate storage room, expansive 470 square foot covered lanai with built-in gas BBQ, Toto wash-let toilets, wood flooring, stone baths and gourmet kitchen. An opportunity to own in this exclusive setting at this price, will not last long.

Last Agent to Sell the Property

Kainoa Lee

Coldwell Banker Realty License #RS-59781 Listed on: 04/26/2017

Coldwell Banker Realty

Last Buyer's Agent

Kelly Allen

Carvill Sotheby's Intl. Realty License #RS-53261

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 2017

Lot Details

  • Fenced
  • Property is in excellent condition

HOA Fees

  • $2,218 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Garden

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame

Interior Spaces

  • 1,812 Sq Ft Home
  • 3-Story Property
  • Storage
  • Wood Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Additional Features

  • Heated Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-038-013-0097

Community Details

Overview

  • Association fees include common areas, cable TV, internet, ground maintenance, maintenance structure, sewer, water
  • Park Lane Condos
  • Ala Moana Subdivision

Amenities

  • Concierge
  • Doorman
  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Sauna
  • Trash Chute
  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Community Spa
  • Recreational Area
  • Trails

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
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,344

Year Built

Built in 2017

Lot Details

0

HOA Fees

$2,218 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Park Lane
  • Inclusions: AC Central,Auto Garage Door Opener,Cable TV,Convection Oven,Dishwasher,Disposal,Dryer,Home Warranty,Microwave,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2017
  • CommunityFeatures: Barbecue, Concierge, Clubhouse, Conference/Meeting Room, Deck/Porch, Fitness, Other, Patio, Pool, Recreation Area, Sauna, Storage Facilities, Trails/Paths, Trash Chute, Gated
  • Fencing: Fenced, Wall
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Gated Community, Key Card Entry, Door Man, Security Guard
  • Association Amenities: Concierge, Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: ALA MOANA
  • Entry Level: 7
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level, Storage
  • Unit Levels: Three Or More, One
  • Living Area: 1812.0
  • New Construction: No
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Furnished: Partially
  • Spa Features: Community
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Brick, Double Wall, Hollow Tile, Masonry, Concrete, Steel Frame, Stone, Stucco
  • Pool Features: Heated
  • Property Condition: Excellent
  • View: Coastline, City, Garden, Ocean, Sunset
  • View: Yes
  • Disclosures: 1031 Exchange, None
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Covered, Garage, Guest, Two Spaces, Secured, Valet
  • Total Parking Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 2218.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water

Lot Info

  • Parcel Number: 1-2-3-038-013-0097
  • Zoning Description: 33 - BMX-3 Community Business M

Multi Family

  • Maintenance Expense: 2218.0

Tax Info

  • Tax Annual Amount: 1344.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2017
Sold by
Amx Partners Llc
Bought by
Mih Holdings Llc
Current Estimated Value
$5,248,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,700
Outstanding Balance
$1,858,958
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,389,187
Source: Public Records

Range of Values:

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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
Mih Holdings Llc -- Tg
Mih Holdings Llc -- Tg
Mih Holdings Llc -- Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mih Holdings Llc $2,240,700
Closed Mih Holdings Llc $2,240,700
Previous Owner Deutsche Bank Ag $460,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $4,250,000 -5.6% $2,345 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $4,500,000 -- $2,483 / 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 $52,898 $5,762,700 $343,700 $5,419,000
2024 $52,898 $5,289,300 $343,700 $4,945,600
2023 $41,125 $4,256,600 $343,700 $3,912,900
2022 $38,707 $4,257,800 $334,600 $3,923,200
2021 $38,617 $4,249,200 $319,400 $3,929,800
2020 $38,856 $4,272,000 $304,200 $3,967,800
2019 $38,264 $4,215,600 $285,900 $3,929,700
2018 $28,839 $3,704,300 $255,500 $3,448,800
2017 $2,092 $597,700 $228,100 $369,600
2016 $1,335 $381,400 $300,200 $81,200
Source: Public Records

Agents Affiliated with this Home

  • Kainoa Lee

    Seller's Agent in 2017

    Kainoa Lee

    Coldwell Banker Realty

    (808) 330-8888

    13 in this area

    48 Total Sales

    Kainoa Lee
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Allen

    Carvill Sotheby's Intl. Realty

    (808) 306-7005

    8 in this area

    43 Total Sales

    Kelly Allen
    Section Image
See All Agents

About Park Lane Ala Moana

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201708802

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-038-013-0097

Hawaii Honolulu County Honolulu 96814 Kakaako

1388 Ala Moana Blvd Unit 3705, Honolulu, HI

This home is located at 1388 Ala Moana Blvd Unit 3705, Honolulu, HI 96814 since 26 April 2017 and is currently estimated at $5,248,145, approximately $2,896 per square foot. This property was built in 2017. 1388 Ala Moana Blvd Unit 3705 is a home located in Honolulu County with nearby schools including Queen Ka'ahumanu Elementary School, President William McKinley High School, and Myron B. Thompson Academy - A New Century Public Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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