NOT LISTED FOR SALE

Summer Palace 1848 Kahakai Dr Unit 1803 Honolulu, HI 96814

Kakaako Neighborhood

Estimated Value: $386,829 - $524,000

1 Bed
1 Bath
547 Sq Ft
$390/mo HOA Fee

Last Sold July 17, 2012

Last sale price $375,000 $686 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,971/month

76 Days on Market

Highlights

  • Ocean View
  • Home fronts a canal
  • Community Pool
  • 26,833 Sq Ft lot
  • Sauna
  • 2-minute walk to Ala Wai Promenade

About This Home

As of July 2012

The Summer Palace is a highly desirable building with great amenities including 24hr security & 11 guest parking stalls. This spacious, high floor unit affords beautiful views of the canal, marina & ocean. You will enjoy the fully renovated kitchen & bathroom as well as the newer flooring & paint throughout. Pet friendly, extra closet space & a low maint fee that includes electricity are a bonus.

Last Agent to Sell the Property

Matt Brummel

Rental Property Management HI License #RB-22145 Listed on: 04/02/2012

Last Buyer's Agent

Nelsson Becerra

DROP - 2015 License #RS-72192

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $864

Year Built

  • Built in 1976

Lot Details

  • Home fronts a canal
  • Property is in excellent condition

HOA Fees

  • $390 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • City

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 547 Sq Ft Home
  • 1-Story Property
  • Closed Circuit Camera

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-036-020-0091

Community Details

Overview

  • Association fees include electricity, hot water, sewer, water
  • Summer Palace Condos
  • Ala Moana Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Sauna
  • Trash Chute

Recreation

  • Community Pool
  • Recreational Area

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$864

Year Built

Built in 1976

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Summer Palace
  • Inclusions: AC Window Unit,Auto Garage Door Opener,Ceiling Fan,Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1976
  • CommunityFeatures: Barbecue, Deck/Porch, Patio, Pool, Recreation Area, Sauna, Trash Chute
  • Road Frontage Type: Canal, Waterfront
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: ALA MOANA
  • Entry Level: 18
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 547.0
  • New Construction: No
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Furnished: Partially
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent
  • View: Canal, Coastline, City, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Garage, Guest, One Space, Secured
  • Total Parking Spaces: 1.0
  • Attached Garage: Yes

Condo/Co-op/Association

  • Association Fee: 390.0

Fee Information

  • Association Fee Includes: Electricity, Hot Water, None, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-3-036-020-0091

Multi Family

  • Maintenance Expense: 390.0

Tax Info

  • Tax Annual Amount: 864.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 13, 2012
Sold by
Sims Trent William and Sims Paige Pickens
Bought by
Puglese Andrea Lynne
Seller's Agent
Matt Brummel
Rental Property Management HI
Buyer's Agent
Nelsson Becerra
DROP - 2015
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Current Estimated Value
$463,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,957
Avg. Annual Appreciation
1.07%
Original Mortgage
$170,000
Outstanding Balance
$118,352
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$312,991

Purchase Details

Closed on
Jul 12, 2007
Sold by
Fay Michael George and Fay Patricia Ann
Bought by
Sims Trent Williams and Sims Paige Pickens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2004
Sold by
Central Pacific Bank
Bought by
Fay Michael George and Fay Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.5%
Mortgage Type
Unknown
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
Puglese Andrea Lynne $375,000 Tg
Puglese Andrea Lynne $375,000 Tg
Sims Trent Williams $359,000 Pat
Fay Michael George $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puglese Andrea Lynne $170,000
Closed Puglese Andrea Lynne $170,000
Previous Owner Sims Trent Williams $284,602
Previous Owner Sims Trent Williams $287,200
Previous Owner Fay Michael George $159,200
Previous Owner Fay Michael George $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2012 07/17/12 Sold $375,000 -2.6% $686 / Sq Ft
06/17/2012 06/17/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $385,000 -- $704 / 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 $1,313 $488,700 $35,900 $452,800
2024 $1,313 $495,100 $35,900 $459,200
2023 $1,300 $513,900 $35,900 $478,000
2022 $1,300 $471,500 $32,200 $439,300
2021 $1,303 $472,400 $30,800 $441,600
2020 $1,328 $479,400 $30,800 $448,600
2019 $1,472 $500,500 $30,800 $469,700
2018 $1,353 $466,600 $28,600 $438,000
2017 $1,275 $444,300 $27,100 $417,200
2016 $1,255 $438,500 $31,300 $407,200
2015 $1,167 $413,500 $20,000 $393,500
2014 $863 $397,300 $24,300 $373,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Matt Brummel

    Rental Property Management HI

    (808) 203-3819

    Matt Brummel
    Section Image

  • N

    Buyer's Agent in 2012

    Nelsson Becerra

    DROP - 2015

See All Agents

About Summer Palace

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1203675

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-036-020-0091

Hawaii Honolulu County Honolulu 96814 Kakaako

1848 Kahakai Dr Unit 1803, Honolulu, HI

This home is located at 1848 Kahakai Dr Unit 1803, Honolulu, HI 96814 since 02 April 2012 and is currently estimated at $463,957, approximately $848 per square foot. This property was built in 1976. 1848 Kahakai Dr Unit 1803 is a home located in Honolulu County with nearby schools including Ala Wai 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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