NOT LISTED FOR SALE

Summer Palace 1848 Kahakai Dr Unit 2108 Honolulu, HI 96814

Kaka'ako Neighborhood

Estimated Value: $400,607 - $517,000

1 Bed
1 Bath
554 Sq Ft
0.62 Acres

Last Sold January 14, 2022

Last sale price $530,000 $957 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,529/month

33 Days on Market

Highlights

  • Ocean View
  • Sauna
  • Putting Green
  • Private Pool
  • Corner Lot
  • 2-minute walk to Ala Wai Promenade

About This Home

As of January 2022

Rarely available, "HIGH FLOOR, CORNER-END"unit on the PREMIER, OCEANSIDE CORNER of building! As soon as you enter this beautiful unit, you will feel as if you entered a private, oasis. With an expansive interior and a "SUPERSIZED LANAI", you'll be one of the few to own this rare floor plan. Sit back and relax on your private lanai as you take in the beautiful, Waikiki skyline, Ala Wai Canal, Magic Island, ocean, and Harbor views. Plus, enjoy direct, ocean, Magic Island and magnificent sunset views from the kitchen window, exclusive to an “08” corner unit. Extensive renovations throughout the years to include wood laminate flooring, ceramic tiles, updated bath, white shaker, kitchen cabinets, quartz countertops, stainless steel range/oven, highlighted by smooth ceilings throughout! Fabulous Amenities, including pool, sauna, BBQ area, rooftop sundeck, on-site resident manager, ample guest parking, security! PET FRIENDLY, too! "LOW, LOW monthly, maintenance fee, includes electricity! Walk to the beach, Ala Moana Shopping Center, fine dining, coffee shops, surf, sun and all that Ala Moana and Waikik have to offer! Great Buy

Last Agent to Sell the Property

Jovanka Ijacic

Coldwell Banker Realty License #RS-67427 Listed on: 11/12/2021

Coldwell Banker Realty

Last Buyer's Agent

Jeanne Frace

Drop - 2024 License #RB-20579

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1976 | Remodeled in 2018

Lot Details

  • Home fronts a stream
  • Property is in excellent condition

Property Views

  • Ocean
  • Marina
  • City

Interior Spaces

  • 554 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Sauna

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Community Details

Overview

  • High-Rise Condominium
  • Summer Palace Condos

Amenities

  • Trash Chute

Recreation

  • Community Pool
  • Putting Green

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,608

Year Built

Built in 1976 | Remodeled in 2018

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Summer Palace
  • Inclusions: AC Window Unit, Auto Garage Door Opener, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer
  • PropertyFrontage: Stream/Canal
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 554
  • Fill Sq Ft Total: 714
  • Stories Type: 21+
  • Year Built: 1976
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: BBQ, Condo Association Pool, Patio/Deck, Pool on Property, Putting Green, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Laminate, Other
  • Entry Floor: 21
  • Furnished: None
  • Unit Features: Bedroom on 1st Level, Corner/End, Even# Unit, Full Bath on 1st Floor, Single Level

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Covered - 1, Garage, Guest
  • Total Parking Spaces: 1

Multi Family

  • Maintenance Expense: 533.04

Tax Info

  • Tax Annual Amount: 1608.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 6, 2022
Sold by
Nitta Patricia Ann and Revocable Living Trust Of Patr
Bought by
Puglese Peter Joseph and Puglese Joyce Ann
Seller's Agent
Jovanka Ijacic
Coldwell Banker Realty
Buyer's Agent
Jeanne Frace
Drop - 2024
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$437,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,348
Avg. Annual Appreciation
-5.15%

Purchase Details

Closed on
May 5, 2011
Sold by
Nitta Patricia Ann
Bought by
Nitta Patricia Ann and Revocable Living Trust Of Patricia Ann N

Purchase Details

Closed on
Nov 3, 2006
Sold by
Ijacic Darko and Ijacic Jovanka
Bought by
Nitta Thomas Tomio and Nitta Patricia Ann

Purchase Details

Closed on
Jan 26, 2005
Sold by
Ijacic Darko and Ijacic Jovanka
Bought by
Ijacic Darko and Ijacic Jovanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 1999
Sold by
Central Pacific Bank
Bought by
Baletic Jovanka and Ijacic Darko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
7.1%
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 Peter Joseph -- Tg
Puglese Peter Joseph -- Tg
Nitta Patricia Ann -- None Available
Nitta Thomas Tomio $390,000 Tg
Ijacic Darko -- Tg
Baletic Jovanka $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ijacic Darko $100,000
Previous Owner Baletic Jovanka $130,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $530,000 0.0% $957 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $530,000 0.0% $957 / Sq Ft
05/17/2019 05/17/19 Rented $2,000 0.0% --
05/17/2019 05/17/19 For Rent $2,000 -- --
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 $1,783 $508,300 $36,300 $472,000
2024 $1,783 $509,500 $36,300 $473,200
2023 $1,851 $528,800 $36,300 $492,500
2022 $1,587 $453,300 $32,600 $420,700
2021 $1,604 $458,300 $31,100 $427,200
2020 $1,631 $466,100 $31,100 $435,000
2019 $1,587 $487,500 $31,100 $456,400
2018 $1,587 $453,500 $28,900 $424,600
2017 $1,521 $434,700 $27,400 $407,300
2016 $1,487 $424,800 $31,700 $393,100
2015 $1,413 $403,700 $20,200 $383,500
2014 $902 $390,700 $24,600 $366,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jovanka Ijacic

    Coldwell Banker Realty

    (808) 738-3904

    7 in this area

    31 Total Sales

    Jovanka Ijacic
    Section Image

  • J

    Buyer's Agent in 2022

    Jeanne Frace

    Drop - 2024

    Section Image

  • G

    Seller's Agent in 2019

    Gavin Toguchi

    Pinnacle Management Group LLC

    (808) 688-6633

    2 in this area

    17 Total Sales

    Gavin Toguchi
    Section Image
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About Summer Palace

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202128824

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-036-020-0120

Hawaii Honolulu County Honolulu 96814 Kakaako

1848 Kahakai Dr Unit 2108, Honolulu, HI

This home is located at 1848 Kahakai Dr Unit 2108, Honolulu, HI 96814 since 12 November 2021 and is currently estimated at $437,652, approximately $789 per square foot. This property was built in 1976. 1848 Kahakai Dr Unit 2108 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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