NOT LISTED FOR SALE

The Watermark 1551 Ala Wai Blvd Unit 3402 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $1,268,468 - $1,671,000

2 Beds
2 Baths
1,112 Sq Ft
$881/mo HOA Fee

Last Sold May 11, 2012

Last sale price $1,350,000 $1,214 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,380/month

124 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Home fronts a canal
  • Ocean View
  • Heated Pool
  • Clubhouse

About This Home

As of May 2012

Amazing Unique Watermark luxury 2/2/2. Sit high in the sky with the Waikiki Sunset daily. Spa Resort amenities and every upgrade. Do not wait to see this unit. Walk out your bedroom as well as livingroom onto the Only High floor expansive lanai. Turn Key unit incl. all Designer furnishings, media appliances,linens, kitchenware. Dont like this, ask for other H2O Watermark Office exclusives!

Last Agent to Sell the Property

Christine Kim

H2O Watermark Pacific Prop LLC License #RB-20727 Listed on: 12/09/2011

Last Buyer's Agent

Michael DeMello

Redfin Corporation License #RB-19192

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 2008

Lot Details

  • Home fronts a canal
  • Property is in excellent condition

HOA Fees

  • $881 Monthly HOA Fees

Property Views

  • City
  • Garden

Home Design

  • Entry on the 34th 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

  • 3 Car Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Schools

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

Additional Features

  • Heated Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-011-001-0174

Community Details

Overview

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

Amenities

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

Recreation

  • Fitness Center
  • Community Spa
  • Recreational Area
  • 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

$3,564

Year Built

Built in 2008

Lot Details

0

HOA Fees

$881 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, Concierge, Clubhouse, Conference/Meeting Room, Deck/Porch, Fitness, Patio, Pool, Recreation Area, Sauna, Storage Facilities, Trails/Paths, Trash Chute
  • Road Frontage Type: Canal
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Concierge, Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 34
  • Interior Features: Storage
  • Unit Levels: One
  • Living Area: 1112.0
  • New Construction: No
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Marble
  • 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, Coastline, City, Garden, Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Garage, Guest, Two Spaces, Three or more Spaces, On Street, Secured
  • Total Parking Spaces: 2.0
  • Attached Garage: Yes
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 881.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, None, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-6-011-001-0174

Multi Family

  • Maintenance Expense: 881.0

Tax Info

  • Tax Annual Amount: 3564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2011
Closed on
May 6, 2012
Sold by
Lee Hye Jung
Bought by
Yeung Henry Man On and Yeung Sandra
Seller's Agent
Christine Kim
H2O Watermark Pacific Prop LLC
Buyer's Agent
Michael DeMello
Redfin Corporation
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Current Estimated Value
$1,430,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,617
Avg. Annual Appreciation
0.43%

Purchase Details

Closed on
Dec 5, 2011
Sold by
Lee Woo H and Lee Hye Jung
Bought by
Lee Hye Jung and Hye Jung Lee Revocable Trust

Purchase Details

Closed on
Sep 15, 2010
Sold by
Ahn Mi Ryu
Bought by
Lee Woo H and Lee Hye Jung

Purchase Details

Closed on
Jun 12, 2008
Sold by
Ala Wai Watermark Development Llc
Bought by
Ahn Mi Ryu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,800
Interest Rate
5.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Yeung Henry Man On $1,350,000 Or
Yeung Henry Man On $1,350,000 Or
Lee Hye Jung -- Tg
Lee Woo H $1,300,000 Tg
Ahn Mi Ryu $1,481,114 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahn Mi Ryu $868,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2012 05/11/12 Sold $1,350,000 -6.9% $1,214 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $1,450,000 -- $1,304 / 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 $11,230 $1,379,200 $223,200 $1,156,000
2024 $11,230 $1,634,200 $223,200 $1,411,000
2023 $9,042 $1,442,300 $220,200 $1,222,100
2022 $6,902 $1,228,800 $214,100 $1,014,700
2021 $6,874 $1,226,100 $214,100 $1,012,000
2020 $6,056 $1,148,200 $201,800 $946,400
2019 $8,135 $1,346,200 $195,700 $1,150,500
2018 $8,343 $1,427,000 $192,700 $1,234,300
2017 $8,356 $1,428,400 $183,500 $1,244,900
2016 $8,941 $1,490,200 $168,200 $1,322,000
2015 $9,139 $1,523,200 $152,900 $1,370,300
2014 $3,558 $1,226,200 $119,200 $1,107,000
Source: Public Records

Agents Affiliated with this Home

  • Christine Kim

    Seller's Agent in 2012

    Christine Kim

    H2O Watermark Pacific Prop LLC

    (808) 650-2382

    8 in this area

    29 Total Sales

    Christine Kim
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About The Watermark

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1114518

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-011-001-0174

Hawaii Honolulu County Honolulu 96815 Waikiki

1551 Ala Wai Blvd Unit 3402, Honolulu, HI

This home is located at 1551 Ala Wai Blvd Unit 3402, Honolulu, HI 96815 since 09 December 2011 and is currently estimated at $1,430,617, approximately $1,286 per square foot. This property was built in 2008. 1551 Ala Wai Blvd Unit 3402 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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