$1,550,000
SOLD DEC 3, 2014

The Watermark 1551 Ala Wai Blvd Unit 2906 Honolulu, HI 96815

Waikiki Neighborhood
2 Beds
2 Baths
1,118 Sq Ft
$1,078/mo HOA Fee

Recently Sold

$1,386 Per Sq Ft

9% Below List Price

109 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Sauna
  • Ocean View
  • Heated Pool
  • End Unit

About This Home

As of September 2021

The Watermark is easily one of the best luxury buildings in Honolulu and this upgraded high floor corner unit is easily one of the best units in The Watermark. Sweeping ocean views, Diamond Head, Waikiki, sunsets over the ocean, weekly fireworks and evening city lights will take your breath away. Upgrades include: Azul Macaubus granite kitchen countertop, porcelain tile flooring throughout most of the unit, lush carpeting in master bedroom, water softener and more. Resort amenities and concierge level service from the Watermark staff. Property taxes can be about 42% less for an owner occupant.

Last Agent to Sell the Property

Jonathan Ford

Honolulu Property Finds License #RB-20279 Listed on: 07/17/2014

Last Buyer's Agent

Charles Shin

HI Choice Realty License #RB-20507

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • Property is in excellent condition

HOA Fees

  • $1,078 Monthly HOA Fees

Property Views

  • City

Home Design

  • Entry on the 29th floor

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Storage
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • Heated Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-011-001-0150

Community Details

Overview

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

Amenities

  • Concierge
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Meeting Room

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,127

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,078 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: The Watermark
  • Inclusions: AC Central,Auto Garage Door Opener,Blinds,Convection Oven,Dishwasher,Disposal,Drapes,Dryer,Microwave,Other,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2008
  • CommunityFeatures: Barbecue, Concierge, Conference/Meeting Room, Fitness, Pool, Sauna, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Concierge
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 29
  • Interior Features: Full Bath on Main Level, Storage
  • Unit Levels: One
  • Living Area: 1118.0
  • New Construction: No
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Ceramic Tile, Marble
  • Furnished: Unfurnished
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Construction Type: Concrete
  • Pool Features: Heated
  • Property Condition: Excellent, Updated/Remodeled
  • View: Canal, Coastline, City, Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: Seller Disclosure
  • Common Walls: End Unit

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Two Spaces
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1078.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-011-001-0150
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 1078.2

Tax Info

  • Tax Annual Amount: 7126.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Schoner Ying and Schoner Robert
Bought by
Schoner Ying and Schoner Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$304,428
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$1,456,633

Purchase Details

Listed on
Jul 4, 2021
Closed on
Aug 30, 2021
Sold by
Lee Kang Hong
Bought by
Schoner Ying
Seller's Agent
Charles Shin
HI Choice Realty
Buyer's Agent
Charles Shin
HI Choice Realty
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$700,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2021
Sold by
Lee Jason Songjae
Bought by
Lee Kang Hong

Purchase Details

Listed on
Jul 17, 2014
Closed on
Nov 24, 2014
Sold by
Timpe Ronald E and Timpe Ivy Lenz
Bought by
Lee Kang Hong and Lee Jason Songjae
Seller's Agent
Jonathan Ford
Honolulu Property Finds
Buyer's Agent
Charles Shin
HI Choice Realty
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
May 23, 2011
Sold by
Findley Stephen Murray and Findley Maria Luisa
Bought by
Timpe Ronald E and Timpe Ivy Lenz

Purchase Details

Closed on
May 21, 2008
Sold by
Ala Wai Watermark Development Llc
Bought by
Findley Stephen Murray and Findley Maria Luisa

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
6.04%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $1,425,000 Fhtc
Interfamily Deed Transfer -- Fhtc
Deed $675,000 Accommodation
Interfamily Deed Transfer -- Fhtc
Deed $1,550,000 Or
Deed $1,550,000 Or
Deed $1,260,000 Fntic
Deed $1,125,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,000 New Conventional
Previous Owner $700,000 Purchase Money Mortgage
Previous Owner $625,500 Purchase Money Mortgage
Previous Owner $625,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $1,800,000 +26.3% $1,610 / Sq Ft
09/07/2021 09/07/21 Sold $1,425,000 0.0% $1,275 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $1,425,000 0.0% $1,275 / Sq Ft
08/30/2020 08/30/20 Rented $4,000 -11.1% --
07/31/2020 07/31/20 Under Contract -- -- --
06/13/2020 06/13/20 For Rent $4,500 0.0% --
12/03/2014 12/03/14 Sold $1,550,000 -8.6% $1,386 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $1,695,000 -- $1,516 / 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 $11,330 $1,374,900 $237,100 $1,137,800
2024 $11,330 $1,643,000 $237,100 $1,405,900
2023 $7,424 $1,493,200 $233,900 $1,259,300
2022 $7,424 $1,278,500 $227,400 $1,051,100
2021 $6,752 $1,214,500 $227,400 $987,100
2020 $5,880 $1,131,400 $214,400 $917,000
2019 $7,754 $1,277,800 $207,900 $1,069,900
2018 $7,754 $1,361,500 $204,600 $1,156,900
2017 $8,172 $1,362,000 $194,900 $1,167,100
2016 $8,510 $1,418,300 $178,600 $1,239,700
2015 $8,726 $1,454,300 $162,400 $1,291,900
2014 $3,430 $1,187,800 $126,600 $1,061,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Doug Weber

    Locations LLC

    (808) 799-9983

    38 in this area

    58 Total Sales

    Doug Weber
    Section Image
  • Charles Shin

    Seller's Agent in 2021

    Charles Shin

    HI Choice Realty

    (808) 372-2482

    6 in this area

    44 Total Sales

    Charles Shin
    Section Image

  • J

    Seller's Agent in 2014

    Jonathan Ford

    Honolulu Property Finds

    (808) 343-0851

    9 in this area

    29 Total Sales

    Jonathan Ford
    Section Image
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About The Watermark

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201414248

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-011-001-0150

Hawaii Honolulu County Honolulu 96815 Waikiki

1551 Ala Wai Blvd Unit 2906, Honolulu, HI

This home is located at 1551 Ala Wai Blvd Unit 2906, Honolulu, HI 96815 and is currently priced at $1,550,000, approximately $1,386 per square foot. This property was built in 2008. 1551 Ala Wai Blvd Unit 2906 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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