NOT LISTED FOR SALE

The Watermark 1551 Ala Wai Blvd Unit 1604 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $1,215,898 - $1,661,000

2 Beds
2 Baths
1,112 Sq Ft
$880/mo HOA Fee

Last Sold November 21, 2012

Last sale price $1,000,000 $899 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,472/month

369 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Sauna
  • Fitness Center
  • Wood Flooring
  • Meeting Room

About This Home

As of November 2012

Only mid-floor 04 unit available on the market! Located in the luxurious Watermark! Enjoy braethtaking views of the ocean, city, garden, canal, and harbor from your living room or your bedroom with floor to ceiling windows! Resort like amenities! Breath taking views! A must see unit!FURNITURE INCLUDED IN SALE!

Last Agent to Sell the Property

Jennifer Lee Chong

Lee International Properties License #RB-20882 Listed on: 10/19/2011

Last Buyer's Agent

Michael Kwak

Coldwell Banker Realty License #RS-51161

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 2008

Lot Details

  • 3.62

HOA Fees

  • $880 Monthly HOA Fees

Property Views

  • City
  • Garden

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Storage
  • Wood Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Schools

  • Ala Wai Elementary School
  • Washington Middle School
  • Kaimuki High School

Additional Features

  • Heated Pool
  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-011-001-0079

Community Details

Overview

  • Association fees include cable TV, sewer, water
  • The Watermark Condos
  • Waikiki Subdivision

Amenities

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

Recreation

  • Fitness Center
  • Community Spa
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,168

Year Built

Built in 2008

Lot Details

0

HOA Fees

$880 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: The Watermark
  • Inclusions: AC Central,Auto Garage Door Opener,Blinds,Cable TV,Convection Oven,Dishwasher,Disposal,Dryer,Microwave Hood,Microwave,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2008
  • CommunityFeatures: Barbecue, Conference/Meeting Room, Deck/Porch, Fitness, Patio, Pool, Sauna, Storage Facilities, Trails/Paths, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 16
  • Interior Features: Storage
  • Unit Levels: One
  • Living Area: 1112.0
  • New Construction: No
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Marble
  • Furnished: Furnished
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Concrete
  • Lot Features: Private
  • Pool Features: Heated
  • Property Condition: Excellent
  • View: Canal, City, Garden, Mountain(s), Ocean, Sunset
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 880.0

Fee Information

  • Association Fee Includes: Cable TV, None, Sewer, Water

Schools

  • Elementary School: Ala Wai
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-6-011-001-0079

Multi Family

  • Maintenance Expense: 880.0

Tax Info

  • Tax Annual Amount: 3168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2014
Sold by
Ma Yong Do
Bought by
Cosmoland Co Ltd
Current Estimated Value
$1,358,225

Purchase Details

Listed on
Oct 19, 2011
Closed on
Nov 13, 2012
Sold by
Kim Jin Ju
Bought by
Ma Yong Do
Seller's Agent
Jennifer Lee Chong
Lee International Properties
Buyer's Agent
Michael Kwak
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
May 27, 2008
Sold by
Ala Wai Watermark Development Llc
Bought by
Kim Jin Ju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,200
Interest Rate
6.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cosmoland Co Ltd $1,150,000 Or
Cosmoland Co Ltd $1,150,000 Or
Ma Yong Do $1,000,000 Tg
Ma Yong Do $1,000,000 Tg
Kim Jin Ju $1,070,942 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jin Ju $616,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $1,000,000 -9.1% $899 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
10/19/2011 10/19/11 For Sale $1,100,000 -- $989 / 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 $4,956 $1,304,600 $223,200 $1,081,400
2024 $4,956 $1,083,900 $223,200 $860,700
2023 $8,728 $1,414,700 $220,200 $1,194,500
2022 $6,184 $1,160,400 $214,100 $946,300
2021 $6,511 $1,191,500 $214,100 $977,400
2020 $5,687 $1,113,000 $201,800 $911,200
2019 $5,776 $1,121,500 $195,700 $925,800
2018 $6,411 $1,212,300 $192,700 $1,019,600
2017 $6,420 $1,213,300 $183,500 $1,029,800
2016 $7,510 $1,251,600 $168,200 $1,083,400
2015 $7,907 $1,317,900 $152,900 $1,165,000
2014 $3,171 $1,137,200 $119,200 $1,018,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lee Chong

    Seller's Agent in 2012

    Jennifer Lee Chong

    Lee International Properties

    (808) 391-0206

    7 in this area

    38 Total Sales

    Jennifer Lee Chong
    Section Image
  • Michael Kwak

    Buyer's Agent in 2012

    Michael Kwak

    Coldwell Banker Realty

    (858) 866-4009

    2 in this area

    20 Total Sales

    Michael Kwak
    Section Image
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About The Watermark

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1112730

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-011-001-0079

Hawaii Honolulu County Honolulu 96815 Waikiki

1551 Ala Wai Blvd Unit 1604, Honolulu, HI

This home is located at 1551 Ala Wai Blvd Unit 1604, Honolulu, HI 96815 since 19 October 2011 and is currently estimated at $1,358,225, approximately $1,221 per square foot. This property was built in 2008. 1551 Ala Wai Blvd Unit 1604 is a home located in Honolulu County with nearby schools including President Thomas Jefferson Elementary School, President George Washington Middle School, and Kaimuki High 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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