NOT LISTED FOR SALE

Park Lane Ala Moana 1388 Ala Moana Blvd Unit 5605 Honolulu, HI 96814

Kaka'ako Neighborhood

Estimated Value: $5,306,000 - $7,529,000

2 Beds
2.5 Baths
1,986 Sq Ft
$2,423/mo HOA Fee

Last Sold August 02, 2017

Last sale price $4,675,000 $2,354 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $40,664/month

440 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated Pool
  • Ocean View
  • Newly Remodeled
  • Clubhouse

About This Home

As of August 2017

Park Lane Ala Moana is an exquisite community of elegantly designed homes in the heart of Honolulu.

More than a condominium and altogether different than a high rise, Park Lane combines the privacy and space of a single-family home with the added benefits of a 24-hour Residential Services team and unparalleled resort-style amenities.

Incorporating the best elements of a single-family home with the feel of a beachfront high rise, the Island Residences offer ocean views. Many also offer attached garages, private pools and secluded gardens. The quintessential “U-shaped” design of the Island Residences envelops a deep, covered lanai, making the outdoor space a true extension of the home.

Last Agent to Sell the Property

Noel Shaw

Hawaii Life License #RS-75888 Listed on: 04/19/2016

Co-Listed By

Ken Kashiki

Heyer & Associates LLC License #RS-74637

Last Buyer's Agent

Michael Chow

SC Realty, LLC License #RB-18388

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,999

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Fenced
  • Property is in excellent condition

HOA Fees

  • $2,423 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Steel Frame

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Storage
  • Wood Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Covered Parking

Pool

  • Heated Pool

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-038-013-9987

Community Details

Overview

  • Association fees include cable TV, gas, hot water, internet
  • Park Lane Condos
  • Built by AMX Partners, LLC
  • 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

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,999

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$2,423 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Park Lane
  • Co List Office Mls Id: HEYE
  • Inclusions: AC Central,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
  • Fencing: Fenced, Wall
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Door Man, Security Guard
  • Association Amenities: Concierge, Management
  • Co List Office Phone: (808) 692-0060
  • MLS Status: Closed
  • Subdivision Name: ALA MOANA
  • Entry Level: 6
  • Interior Features: Storage
  • Unit Levels: One
  • Living Area: 1986.0
  • New Construction: Yes
  • Special Features: NewHome

Interior Features

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

Exterior Features

  • Construction Type: Double Wall, Masonry, Concrete, Steel Frame, Stone, Stucco
  • Pool Features: Heated
  • Property Condition: Excellent
  • View: Coastline, Ocean
  • View: Yes
  • Disclosures: None
  • Builder Name: AMX Partners, LLC
  • Foundation Details: Slab

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: 2423.0

Fee Information

  • Association Fee Includes: Cable TV, Gas, Hot Water, Internet

Lot Info

  • Development Status: New Construction
  • Parcel Number: 1-2-3-038-013-9987
  • Zoning Description: 33 - BMX-3 Community Business M

Multi Family

  • Maintenance Expense: 2422.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jun 14, 2017
Sold by
Amx Partners Llc
Bought by
Lee Choon Hui and Choon Hui Lee Trust
Seller's Agent
Noel Shaw
Hawaii Life
Buyer's Agent
Michael Chow
SC Realty, LLC
List Price
$4,675,000
Sold Price
$4,675,000
Current Estimated Value
$6,146,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,471,605
Avg. Annual Appreciation
3.45%
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
Lee Choon Hui -- Tg
Lee Choon Hui -- Tg
Lee Choon Hui -- Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deutsche Bank Ag $460,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $4,675,000 0.0% $2,354 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
04/19/2016 04/19/16 For Sale $4,675,000 -- $2,354 / 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 $56,999 $6,231,300 $376,700 $5,854,600
2024 $56,999 $5,649,000 $376,700 $5,272,300
2023 $44,089 $4,516,600 $376,700 $4,139,900
2022 $47,158 $5,062,700 $366,700 $4,696,000
2021 $46,331 $4,983,900 $350,100 $4,633,800
2020 $45,777 $4,931,100 $333,400 $4,597,700
2019 $47,201 $5,066,800 $313,400 $4,753,400
2018 $35,769 $4,474,300 $280,100 $4,194,200
2017 $2,293 $655,100 $250,000 $405,100
2016 $1,492 $426,300 $335,500 $90,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Noel Shaw

    Hawaii Life

    (800) 370-3848

    25 in this area

    73 Total Sales

    Noel Shaw
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Ken Kashiki

    Heyer & Associates LLC

    (808) 692-0060

    Ken Kashiki
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Chow

    SC Realty, LLC

    (808) 225-2576

    2 in this area

    23 Total Sales

    Michael Chow
    Section Image
See All Agents

About Park Lane Ala Moana

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201606769

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-038-013-0121

Hawaii Honolulu County Honolulu 96814 Kakaako

1388 Ala Moana Blvd Unit 5605, Honolulu, HI

This home is located at 1388 Ala Moana Blvd Unit 5605, Honolulu, HI 96814 since 19 April 2016 and is currently estimated at $6,146,605, approximately $3,094 per square foot. This property was built in 2017. 1388 Ala Moana Blvd Unit 5605 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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