NOT LISTED FOR SALE

Estimated Value: $816,000 - $840,000

1 Bed
1 Bath
500 Sq Ft
2.88 Acres

Last Sold May 13, 2024

Last sale price $845,000 $1,690 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,540/month

109 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Furnished
  • Property is near a marina
  • 125,279 Sq Ft lot
  • Patio

About This Home

As of May 2024

Fully furnished turn-key and rent-ready LEGAL short term vacation rental in the iconic Ilikai. The Ilikai is a Waikiki landmark and year round favorite among visitors from all over the world! This suite features two beds to maximize occupancy/rental rate and fully appointed to maximize guest comfort. The large 120 sq ft lanai provides amazing ocean, Diamond Head, lagoon, and marina views as well as cool ocean breezes. There's also split AC to keep guests cool during those hot Kona winds days. On-site amenities provide guests with dining, shopping, and activity options. If guests can't find what they need on-site, Ala Moana Center, Hawaii's largest outdoor mall, is just a half-mile away. The Ilikai is located at the gateway to Waikiki and surrounded by endless dining, shopping, and
entertainment options. Great beaches, surf breaks, and marina are also nearby. Next showing availability after 3 pm on Thursday, March 28th, until 2 pm on Friday, March 29th.

Last Agent to Sell the Property

Tom Presler

Compass License #RB-20702 Listed on: 01/22/2024

Compass

Last Buyer's Agent

George Krischke

Hawaii Living LLC License #RB-18610

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,264

Year Built

  • Built in 1965 | Remodeled in 2008

Lot Details

  • Property is in excellent condition

Property Views

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Ceramic Tile Flooring

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Property is near a marina
  • Patio

Schools

  • Jefferson Elementary School
  • Washington Middle School
  • Kaimuki High School

Utilities

  • Mini Split Air Conditioners
  • Cable TV Available

Community Details

Overview

  • Association fees include common expenses
  • High-Rise Condominium
  • Ilikai Apt Bldg Condos

Amenities

  • Restaurant
  • Laundry Facilities

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,264

Year Built

Built in 1965 | Remodeled in 2008

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Ilikai Apt Bldg
  • Inclusions: AC Split, Cable TV, Drapes, Kitchenware, Linens, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector
  • Prop. Type: Condo/Townhouse
  • Stories Type: 21+
  • Year Built: 1965
  • Year Renovated: 2008
  • Attribution Contact: (808) 825-4277
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: Community Laundry, Other, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Security Guard
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Other
  • Entry Floor: 18
  • Furnished: Full
  • Unit Features: Bedroom on 1st Level, Even# Unit, Full Bath on 1st Floor, Single Level

Exterior Features

  • Construction Type: Above Ground, Concrete
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: City, Coastline, Marina/Canal, Ocean, Sunrise, Sunset

Garage/Parking

  • Parking Features: None

Association/Amenities

  • AssociationFee2Includes: Other Common Expenses

Schools

  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • Elementary School: Jefferson
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Multi Family

  • Maintenance Expense: 728.12

Tax Info

  • Tax Annual Amount: 11263.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
May 6, 2024
Sold by
Lsc Management Llc
Bought by
Friggle Lena Ann
Seller's Agent
Tom Presler
Compass
Buyer's Agent
George Krischke
Hawaii Living LLC
List Price
$885,000
Sold Price
$845,000
Premium/Discount to List
-$40,000
-4.52%
Total Days on Market
109
Views
37
Current Estimated Value
$824,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,078
Avg. Annual Appreciation
-2.22%
Original Mortgage
$340,000
Outstanding Balance
$336,404
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$488,518

Purchase Details

Closed on
Jul 29, 2011
Sold by
Chen Zongyu John and Yao Qing Jean
Bought by
Lsc Management Llc

Purchase Details

Closed on
Jul 1, 2011
Sold by
Petropoulos Greg and Petropoulos Bernadette Leilani
Bought by
Chen Zongyu John and Yao Qing Jean

Purchase Details

Closed on
Jun 26, 2008
Sold by
Petropoulos Greg and Petropoulos Bernadette Leilani
Bought by
Petropoulos Greg and Petropoulos Bernadette Leilani

Purchase Details

Closed on
Mar 15, 2007
Sold by
Anekona Islander Llc
Bought by
Petropoulos Greg and Petropoulos Bernadette Leilani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
6.31%
Mortgage Type
Unknown
Source: Public Records

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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
Friggle Lena Ann -- Fam
Lsc Management Llc $1,000 Accommodation
Chen Zongyu John $350,000 Fam
Petropoulos Greg $265,000 None Available
Petropoulos Greg $530,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friggle Lena Ann $340,000
Previous Owner Petropoulos Greg $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $845,000 -0.6% $1,690 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $850,000 -4.0% $1,700 / Sq Ft
01/22/2024 01/22/24 For Sale $885,000 -- $1,770 / 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 $11,129 $782,000 $122,100 $659,900
2024 $11,129 $791,100 $128,900 $662,200
2023 $11,264 $801,200 $124,800 $676,400
2022 $9,168 $652,000 $122,100 $529,900
2021 $8,714 $620,100 $122,100 $498,000
2020 $10,377 $738,300 $113,600 $624,700
2019 $11,097 $789,300 $94,700 $694,600
2018 $9,138 $699,200 $82,100 $617,100
2017 $7,659 $585,700 $63,100 $522,600
2016 $8,023 $613,100 $51,800 $561,300
2015 $2,052 $586,400 $44,200 $542,200
2014 $3,414 $379,200 $34,700 $344,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202400234

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-010-007-0788