NOT LISTED FOR SALE

The Watermark 1551 Ala Wai Blvd Unit 2103 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $1,234,000 - $1,414,000

2 Beds
2 Baths
1,113 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $1,290,000 $1,159 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,955/month

Highlights

  • Coastline Views
  • Sauna
  • Whirlpool Bathtub
  • Private Pool
  • Wood Flooring
  • Lanai

About This Home

As of August 2024

Available starting August 2024! Enjoy a spacious lanai at an ideal height for relaxation, offering spectacular and breathtaking panoramic ocean views. Become part of Hawaii's exclusive luxury condo community, just a short walk from Ala Moana. This prime location sits perfectly between Waikiki and Ala Moana. Amenities include a state-of-the-art fitness center, BBQ areas, a sauna, a tropical garden, and a stunning infinity pool. Fast response and turn around time. We pride ourselves as being an efficient and genuinely caring Property Management Company and Real Estate. Renters Insurance required at move in throughout occupancy. For unit availability and showing requests, please call office at (808) 650-2382, or email us at rentals@h2owatermark.com. Please do not call Listing Agent.

Last Agent to Rent the Property

Christine Kim

H2O Watermark Pacific Prop LLC License #RB-20727 Listed on: 08/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,193

Year Built

  • Built in 2008

Lot Details

  • Property is in excellent condition

Property Views

  • City
  • Mountain

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Sauna
  • Home Gym
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Private Pool
  • Lanai
  • Outdoor Grill

Utilities

  • Central Air
  • Internet Available
  • Cable TV Available

Community Details

Overview

  • High-Rise Condominium

Amenities

  • Trash Chute
  • Meeting Room
  • Community Storage Space

Security

  • Security Guard
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,193

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: The Watermark
  • Prop. Type: Rental
  • Sq Ft RoofedLiving: 1113
  • Fill Sq Ft Total: 1113
  • Stories Type: One
  • Year Built: 2008
  • Attribution Contact: (808) 650-2382
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Amenities: BBQ, Exercise Room, Meeting Room, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Whirlpool
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Furnished: Full
  • Unit Features: AC Central, Blinds, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Lanai, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer

Exterior Features

  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: City, Coastline, Mountain, Sunset

Garage/Parking

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

Utilities

  • Utilities: Internet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jan 20, 2024
Sold by
Koichi Tojima Revocable Living Trust
Bought by
Ma Joel Kam Ming and Sprague Ma Myla
Seller's Agent
Daikichi Saito
ILC & Swell Realty LLC
Buyer's Agent
Damon Rhys
Damon HI Pac Intl Prop LLC
List Price
$1,400,000
Sold Price
$1,290,000
Premium/Discount to List
-$110,000
-7.86%
Views
3
Current Estimated Value
$1,324,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,398
Avg. Annual Appreciation
1.53%
Original Mortgage
$900,000
Outstanding Balance
$884,250
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$440,148

Purchase Details

Closed on
Feb 1, 2011
Sold by
Tojima Koichi
Bought by
Tojima Koichi and Koichi Tojima Revocable Living Trust

Purchase Details

Closed on
Apr 15, 2010
Sold by
Frist Inc
Bought by
Tojima Koichi

Purchase Details

Closed on
Apr 14, 2009
Sold by
Nam Jae Hyun and Kim Kyoung Ja
Bought by
Frist Inc
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
Ma Joel Kam Ming -- Fnt
Ma Joel Kam Ming -- Fidelity National Title
Tojima Koichi -- None Available
Tojima Koichi $1,050,000 Or
Frist Inc $930,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Joel Kam Ming $900,000
Closed Ma Joel Kam Ming $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2024 08/25/24 Rented $5,250 0.0% --
08/15/2024 08/15/24 Price Changed $5,250 +5.0% $5 / Sq Ft
08/15/2024 08/15/24 For Rent $5,000 0.0% --
01/25/2024 01/25/24 Sold $1,290,000 -4.4% $1,159 / Sq Ft View Prior Sale
10/24/2023 10/24/23 Price Changed $1,350,000 -3.6% $1,213 / Sq Ft
09/05/2023 09/05/23 For Sale $1,400,000 -- $1,258 / 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 $11,193 $1,322,100 $223,200 $1,098,900
2024 $11,193 $1,631,000 $223,200 $1,407,800
2023 $9,447 $1,477,800 $220,200 $1,257,600
2022 $7,085 $1,246,200 $214,100 $1,032,100
2021 $7,162 $1,253,500 $214,100 $1,039,400
2020 $6,350 $1,176,200 $201,800 $974,400
2019 $7,007 $1,238,800 $195,700 $1,043,100
2018 $7,420 $1,324,400 $192,700 $1,131,700
2017 $7,423 $1,324,800 $183,500 $1,141,300
2016 $8,228 $1,371,400 $168,200 $1,203,200
2015 $8,633 $1,438,900 $152,900 $1,286,000
2014 $3,640 $1,210,800 $119,200 $1,091,600
Source: Public Records

Agents Affiliated with this Home

  • Christine Kim

    Landlord's Agent in 2024

    Christine Kim

    H2O Watermark Pacific Prop LLC

    (808) 650-2382

    8 in this area

    29 Total Sales

    Christine Kim
    Section Image
  • Daikichi Saito

    Seller's Agent in 2024

    Daikichi Saito

    ILC & Swell Realty LLC

    (808) 951-4177

    2 in this area

    10 Total Sales

    Daikichi Saito
    Section Image

  • D

    Buyer's Agent in 2024

    Damon Rhys

    Damon HI Pac Intl Prop LLC

    (808) 358-2331

    25 in this area

    45 Total Sales

    Damon Rhys
    Section Image
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About The Watermark

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202415924

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-011-001-0104

Hawaii Honolulu County Honolulu 96815 Waikiki

1551 Ala Wai Blvd Unit 2103, Honolulu, HI

This home is located at 1551 Ala Wai Blvd Unit 2103, Honolulu, HI 96815 since 15 August 2024 and is currently priced at $1,324,398. This property was built in 2008. 1551 Ala Wai Blvd Unit 2103 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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