NOT LISTED FOR SALE

Park Lane Ala Moana 1388 Ala Moana Blvd Unit 8505 Honolulu, HI 96814

Kaka'ako Neighborhood

Estimated Value: $7,241,000 - $11,924,768

4 Beds
4.5 Baths
4,200 Sq Ft
$5,124/mo HOA Fee

Last Sold September 28, 2018

Last sale price $9,800,000 $2,333 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $64,915/month

261 Days on Market

Highlights

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

About This Home

As of September 2018

This home is being sold fully furnished. Situated along the namesake Park Lane, Park Residence owners enjoy lush tropical environs just outside their front door and direct ocean views. This home also features a private garage and expansive 725 s/f covered lanai. The quintessential “U-shaped” design of the Park Residences envelops a deep, covered lanai, making the outdoor space a true extension of the home. 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.

Last Agent to Sell the Property

Emi Rhodes

Compass License #RB-23279 Listed on: 12/11/2017

Compass

Co-Listed By

Ken Kashiki

Heyer & Associates LLC License #RS-74637

Last Buyer's Agent

William Robillard

Chaney Brooks Residential LLC License #RS-62201

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $129,116

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Fenced
  • Property is in excellent condition

HOA Fees

  • $5,124 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Steel Frame

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Storage
  • Wood Flooring
  • Ocean Views
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Handicap Accessible
  • Heated Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-038-013-0199

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

$129,116

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$5,124 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Park Lane
  • Co List Office Mls Id: HEYE
  • Inclusions: Convection Oven,Dishwasher,Disposal,Dryer,Microwave Hood,Microwave,Range Hood,Range/Oven,Refrigerator,Security System,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2017
  • CommunityFeatures: Barbecue, Concierge, Clubhouse, Conference/Meeting Room, Deck/Porch, Fitness, 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: 5
  • Interior Features: Handicap Access, Storage
  • Unit Levels: Three Or More, One
  • Living Area: 4200.0
  • New Construction: Yes
  • Tax Year: 2017
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood, Marble
  • Furnished: Partially
  • Spa Features: Community
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Parking Features: Covered, Garage, One Space, Valet
  • Total Parking Spaces: 3.0
  • Attached Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 5124.0

Fee Information

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

Lot Info

  • Development Status: New Construction
  • Parcel Number: 1-2-3-038-013-0199
  • Zoning Description: 33 - BMX-3 Community Business M

Multi Family

  • Maintenance Expense: 5124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Blue Capital Management Kk
Bought by
Hou Family Revocable Trust
Current Estimated Value
$8,998,589

Purchase Details

Listed on
Dec 11, 2017
Closed on
Sep 13, 2018
Sold by
Amx Partners Llc
Bought by
Blue Capital Management K K
Seller's Agent
Emi Rhodes
Compass
Buyer's Agent
William Robillard
Chaney Brooks Residential LLC
List Price
$9,571,000
Sold Price
$9,800,000
Premium/Discount to List
$229,000
2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.23%
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
Hou Family Revocable Trust $16,875,000 First American Title Of Hawaii
Blue Capital Management K K $9,800,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Capital Management K K $4,626,000
Previous Owner Blue Capital Management K K $4,626,000
Previous Owner Deutsche Bank Ag $460,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $9,800,000 +2.4% $2,333 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $9,571,000 -- $2,279 / 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 $129,116 $12,558,000 $796,700 $11,761,300
2024 $129,116 $11,975,100 $796,700 $11,178,400
2023 $117,077 $10,919,000 $796,700 $10,122,300
2022 $113,051 $11,338,200 $775,600 $10,562,600
2021 $110,988 $11,141,700 $740,300 $10,401,400
2020 $107,715 $10,830,000 $705,100 $10,124,900
2019 $38,803 $11,511,800 $662,800 $10,849,000
2018 $38,803 $4,811,400 $592,300 $4,219,100
2017 $8,312 $1,385,400 $528,800 $856,600
2016 $3,119 $891,200 $701,400 $189,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Emi Rhodes

    Compass

    (808) 825-4277

    8 in this area

    9 Total Sales

    Emi Rhodes
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Ken Kashiki

    Heyer & Associates LLC

    (808) 692-0060

    Ken Kashiki
    Section Image

  • W

    Buyer's Agent in 2018

    William Robillard

    Chaney Brooks Residential LLC

    (808) 544-1600

    20 in this area

    53 Total Sales

    William Robillard
    Section Image
See All Agents

About Park Lane Ala Moana

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201725535

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-038-013-0199

Hawaii Honolulu County Honolulu 96814 Kakaako

1388 Ala Moana Blvd Unit 8505, Honolulu, HI

This home is located at 1388 Ala Moana Blvd Unit 8505, Honolulu, HI 96814 since 11 December 2017 and is currently estimated at $8,998,589, approximately $2,142 per square foot. This property was built in 2017. 1388 Ala Moana Blvd Unit 8505 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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