Park Lane Ala Moana 1388 Ala Moana Blvd Unit 5602 Honolulu, HI 96814
Kaka'ako Neighborhood
2
Beds
2
Baths
1,474
Sq Ft
$263/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Wood Flooring
- Ocean View
- Clubhouse
- Sauna
About This Home
As of February 2025Experience the luxury living at Park Lane Ala Moana! This stunning 2-bedroom, 2-bathroom offers unparalleled views of the ocean
and Ala Moana Beach Park. Floor-to-ceiling windows provide the space with nature light, highlighting the elegant finishes and
open-concept living area. Featuring a gourmet kitchen with top of the line appliances and a spacious living area that flows seamless
to your private lanai. Exclusive access to world-class amenities; a resort-style pool, fully-equipped fitness center, and beautifully
appointed common areas perfect for entertaining. Adjoint to the world famous Ala Moana Shopping Center, you're just moments
away from premier shopping, dining, and entertainment options. Embrace the best of Honolulu living in this extraordinary HOME!
Last Agent to Sell the Property
Locations LLC Brokerage Phone: (808) 735-4200 License #RB-22135 Listed on: 09/17/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $37,140
Year Built
- Built in 2016
Lot Details
- Fenced
- Property is in excellent condition
HOA Fees
- $263 Monthly HOA Fees
Property Views
- Ocean
- Garden
Interior Spaces
- 1,474 Sq Ft Home
- 3-Story Property
- Closed Circuit Camera
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Covered Parking
- Tandem Parking
- Assigned Parking
Schools
- Kaahumanu Elementary School
- Stevenson Middle School
- Mckinley High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 1-2-3-038-013-0118
Community Details
Overview
- Association fees include common areas, cable TV, internet
- 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
- Dog Park
- Recreational Area
- Trails
Security
- Security Guard
- Resident Manager or Management On Site
- Card or Code Access
- Secure Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Feb 6, 2025
Sold by
Young Moon Jae
Bought by
Huaixi Li And Haiyan Song 2007 Revocable Livi and Li
Seller's Agent
Sandie Choe-Yamasato
Locations LLC
Buyer's Agent
Lucy Shen
eXp Realty
List Price
$3,800,000
Sold Price
$3,570,000
Premium/Discount to List
-$230,000
-6.05%
Total Days on Market
147
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,552
Avg. Annual Appreciation
6.35%
Original Mortgage
$750,000
Outstanding Balance
$748,394
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$2,888,158
Purchase Details
Listed on
Apr 2, 2018
Closed on
May 14, 2018
Sold by
Chung Il Man and Chung Sam Soon
Bought by
Young Moon Jae
Seller's Agent
Christy Kim
Century 21 iProperties Hawaii
Buyer's Agent
Sandie Choe-Yamasato
Locations LLC
List Price
$3,488,000
Sold Price
$3,350,000
Premium/Discount to List
-$138,000
-3.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Purchase Details
Closed on
Jun 14, 2017
Sold by
Amx Partners Llc
Bought by
Chung Il Man and Chung Sam Soon
Similar Homes in Honolulu, HI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fam | |
| Deed | -- | Fam | |
| Warranty Deed | $3,350,000 | Premier Title | |
| Limited Warranty Deed | -- | Tg | |
| Limited Warranty Deed | -- | Tg | |
| Limited Warranty Deed | -- | Tg |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Closed | $750,000 | New Conventional | |
| Previous Owner | $460,000,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $3,570,000 | -6.1% | $2,422 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $3,800,000 | +13.4% | $2,578 / Sq Ft |
| 05/22/2018 05/22/18 | Sold | $3,350,000 | -4.0% | $2,273 / Sq Ft |
| 04/22/2018 04/22/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $3,488,000 | -- | $2,366 / Sq Ft |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $37,135 | $3,906,600 | $279,600 | $3,627,000 |
| 2023 | $31,762 | $3,435,300 | $279,600 | $3,155,700 |
| 2022 | $26,416 | $3,087,200 | $272,200 | $2,815,000 |
| 2021 | $26,061 | $3,053,400 | $259,800 | $2,793,600 |
| 2020 | $26,659 | $3,110,400 | $247,400 | $2,863,000 |
| 2019 | $20,282 | $3,339,000 | $232,600 | $3,106,400 |
| 2018 | $20,282 | $2,753,600 | $207,900 | $2,545,700 |
| 2017 | $1,702 | $486,200 | $185,600 | $300,600 |
| 2016 | $1,085 | $310,000 | $244,000 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sandie Choe-Yamasato
S
Seller's Agent in 2025
Sandie Choe-Yamasato
Locations LLC
(808) 735-4200
2 in this area
10 Total Sales
-
Mia Lin
M
Seller Co-Listing Agent in 2025
Mia Lin
Locations LLC
(808) 866-9336
1 in this area
6 Total Sales
-
Lucy Shen
L
Buyer's Agent in 2025
Lucy Shen
eXp Realty
(808) 358-2021
4 in this area
91 Total Sales
-
Christy Kim
C
Seller's Agent in 2018
Christy Kim
Century 21 iProperties Hawaii
7 in this area
19 Total Sales
-
Ronda Day
Seller Co-Listing Agent in 2018
Ronda Day
The Agency-Oahu
(808) 286-7700
3 in this area
74 Total Sales
About Park Lane Ala Moana
Map
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202421212
APN: 1-2-3-038-013-0118
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Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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