$1,150,000
SOLD JUN 10, 2021

The Watermark 1551 Ala Wai Blvd Unit 1605 Honolulu, HI 96815

Waikiki Neighborhood
2 Beds
2 Baths
1,081 Sq Ft
2008 Built

Recently Sold

$1,064 Per Sq Ft

5 Days on Market

Highlights

  • Concierge
  • Heated Pool
  • Marble Flooring
  • Marina View
  • Sauna
  • Whirlpool Bathtub

About This Home

As of June 2021

Iconic Waikiki luxury living awaits at The Watermark. Centrally positioned at the entrance of Waikiki, this beautifully maintained 2 bedroom, 2 bath unit is just blocks from all-things Waikiki, Ala Moana, Ward Center, sandy shorelines, dining, shopping, entertainment & more. Inside, a spacious 1,081 sq.ft. interior awaits featuring a gourmet luxury kitchen, a resort-style master bedroom suite with separate walk-in shower & soaking tub, with stunning panoramic ocean & marina views from every room. Discover a lifestyle of luxury and convenience in Honolulu at The Watermark #1605.

Last Agent to Sell the Property

Itoko Leciejewski

Compass License #RB-23285 Listed on: 05/06/2021

Compass

Last Buyer's Agent

Rina Shinagawa

Locations LLC License #RB-20660

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,448

Year Built

  • Built in 2008

Lot Details

  • Property is in excellent condition

Property Views

  • Garden

Home Design

  • Entry on the 16th floor
  • Steel Frame

Interior Spaces

  • 1,081 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Sauna
  • Home Gym

Kitchen

  • Convection Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking
  • Secure Parking

Outdoor Features

  • Heated Pool
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Water Heater

Community Details

Overview

  • High-Rise Condominium
  • The Watermark Condos

Amenities

  • Concierge
  • Trash Chute
  • Meeting Room
  • Community Storage Space

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,448

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: The Watermark
  • Inclusions: AC Central, Convection Oven, Dishwasher, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
  • PropertyFrontage: Other
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 1081
  • Fill Sq Ft Total: 1148
  • Stories Type: 21+
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: BBQ, Concierge, Exercise Room, Fire Sprinkler, Heated Pool, Meeting Room, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Whirlpool
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Hardwood, Marble/Granite
  • Entry Floor: 16
  • Furnished: Full
  • Unit Features: Central AC, Odd# Unit, Single Level

Exterior Features

  • Construction Type: Concrete, Double Wall, Other, Steel Frame
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: Coastline, Garden, Marina/Canal, Sunset

Garage/Parking

  • Parking Features: Assigned, Covered - 2, Garage, Guest, Secured Entry
  • Total Parking Spaces: 2

Schools

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

Multi Family

  • Maintenance Expense: 1369.72

Tax Info

  • Tax Annual Amount: 5448.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 1, 2021
Sold by
Toyomi Yoshida Trust and Yoshida Toyomi
Bought by
Kabushikigaisha Victoria
Seller's Agent
Itoko Leciejewski
Compass
Buyer's Agent
Rina Shinagawa
Locations LLC
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Yoshida Toyomi
Bought by
Yoshida Toyomi and The Toyomi Yoshida Trust

Purchase Details

Listed on
Feb 13, 2016
Closed on
Mar 14, 2016
Sold by
Arai Yukio and Arai Tsuneko
Bought by
Yoshida Toyomi
Seller's Agent
Rina Shinagawa
Locations LLC
Buyer's Agent
Naoko Okada
Coldwell Banker Realty
List Price
$1,280,000
Sold Price
$1,250,000
Premium/Discount to List
-$30,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Nov 15, 2013
Sold by
Sato Hide
Bought by
Arai Yukio and Arai Tsuneko

Purchase Details

Closed on
Mar 21, 2011
Sold by
Kamata Isamu and Kamata Noriko
Bought by
Sato John Seijun and Sato Hide

Purchase Details

Closed on
Mar 23, 2009
Sold by
Ghio Chris
Bought by
Kamata Isamu and Kamata Noriko

Purchase Details

Closed on
May 23, 2008
Sold by
Ala Wai Watermark Development Llc
Bought by
Ghio Chris and Ghio Family 2003 Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed -- First American Title Of Hawaii
Deed -- First American Title Of Hawaii
Deed -- Fam
Deed $1,150,000 Fam
Deed -- Fam
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- Fidelity Natl Title & Escrow
Deed -- Fidelity Natl Title & Escrow
Deed $1,100,000 Fidelity National Title & Es
Deed $1,100,000 Fidelity National Title & Es
Deed $999,999 Tg
Deed $850,000 Tg
Deed $1,041,971 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $625,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $1,255,000 +9.1% $1,161 / Sq Ft
06/10/2021 06/10/21 Sold $1,150,000 0.0% $1,064 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,150,000 -8.0% $1,064 / Sq Ft
03/17/2016 03/17/16 Sold $1,250,000 -2.3% $1,156 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $1,280,000 -- $1,184 / 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 $4,653 $1,235,200 $217,000 $1,018,200
2024 $4,653 $1,057,300 $217,000 $840,300
2023 $8,266 $1,374,200 $214,000 $1,160,200
2022 $5,860 $1,129,500 $208,100 $921,400
2021 $6,304 $1,171,800 $208,100 $963,700
2020 $5,444 $1,089,900 $196,200 $893,700
2019 $6,128 $1,100,900 $190,200 $910,700
2018 $6,128 $1,180,900 $187,300 $993,600
2017 $7,258 $1,209,700 $178,300 $1,031,400
2016 $7,355 $1,225,800 $163,500 $1,062,300
2015 $7,735 $1,289,100 $148,600 $1,140,500
2014 $2,684 $1,091,000 $115,800 $975,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Atsuko Ajed

    Sachi HI Pacific Century Prop.

    (808) 596-8801

    11 in this area

    28 Total Sales

    Atsuko Ajed
    Section Image

  • I

    Seller's Agent in 2021

    Itoko Leciejewski

    Compass

    (808) 825-4277

    13 in this area

    35 Total Sales

    Itoko Leciejewski
    Section Image

  • R

    Buyer's Agent in 2021

    Rina Shinagawa

    Locations LLC

    (808) 351-6003

    37 in this area

    67 Total Sales

    Rina Shinagawa
    Section Image
  • Naoko Okada

    Buyer's Agent in 2016

    Naoko Okada

    Coldwell Banker Realty

    (808) 388-1073

    14 in this area

    56 Total Sales

    Naoko Okada
    Section Image
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About The Watermark

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202110571

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-011-001-0080

Hawaii Honolulu County Honolulu 96815 Waikiki

1551 Ala Wai Blvd Unit 1605, Honolulu, HI

This home is located at 1551 Ala Wai Blvd Unit 1605, Honolulu, HI 96815 and is currently priced at $1,150,000, approximately $1,063 per square foot. This property was built in 2008. 1551 Ala Wai Blvd Unit 1605 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.

HiCentral MLS (Honolulu Board of REALTORS®) 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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