$378,000
SOLD FEB 21, 2025
1 Bed
1 Bath
648 Sq Ft
$1,870/mo HOA Fee

Recently Sold

$583 Per Sq Ft

14% Below List Price

70 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • Community Pool
  • Home fronts a canal
  • Sauna
  • 2-minute walk to Ala Wai Promenade

About This Home

As of February 2025

HONOLULU HIDDEN GEM An elegant one-bedroom/one-bath, top-floor condo offers spacious living space with lots of natural light from the open sky outside of the windows since the unit is high above the surrounding Ala Moana and Waikiki cityscapes. A modern kitchen awaits your culinary skill; if dining out is your preference, the choices within a short distance are tremendous. Ala Moana Shopping Center makes for easy island living with every desirable item at your doorstep, while your condo is tucked away from the main streets. Located next to a tranquil canal stream that leads to the yacht harbor, there is a promenade to which you will have access with a private key. The third floor has a lovely swimming pool, sauna, BBQ, and clubhouse kitchen. Live in your urban oasis with all the fun conveniences of shopping and restaurants galore. Exercise, swim, sailing, and playing at Ala Moana Beach Park and Magic Island, a short distance away.

Starting January 1, 2025, maintenance changes to $952.06 which includes $50 for internet. Other fees monthly can be paid one lump sum instead of paying monthly for 12 months.

Last Agent to Sell the Property

Lillian Shaw

Savio Realty Ltd. Brokerage Phone: (808) 955-6672 License #RS-68246 Listed on: 11/13/2024

Last Buyer's Agent

Lillian Shaw

Savio Realty Ltd. Brokerage Phone: (808) 955-6672 License #RS-68246 Listed on: 11/13/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $996

Year Built

  • Built in 1976

Lot Details

  • Home fronts a canal
  • Fenced

HOA Fees

  • $1,870 Monthly HOA Fees

Property Views

  • Ocean
  • City

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-3-036-020-0140

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, hot water, internet, ground maintenance, maintenance structure, sewer, water
  • Summer Palace Condos
  • Ala Moana Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse

Recreation

  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$996

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,870 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Summer Palace
  • Inclusions: Ceiling Fan,Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1976
  • Attribution Contact: (808) 955-6672
  • CommunityFeatures: Barbecue, Clubhouse, Pool, Sauna, Trash Chute
  • Fencing: Fenced, Wall
  • Road Frontage Type: Canal
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Security Guard
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: ALA MOANA
  • Entry Level: 24
  • Unit Levels: One
  • Living Area: 648.0
  • New Construction: No
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: Canal, City, Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: 1031 Exchange, Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, One Space
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association #2 Fee: 1870.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-3-036-020-0140
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 952.06

Tax Info

  • Tax Annual Amount: 996.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Feb 18, 2025
Sold by
Kwan Shirley Ching-Chu
Bought by
Lee Cindy Jungnam
Seller's Agent
Lillian Shaw
Savio Realty Ltd.
Buyer's Agent
Lillian Shaw
Savio Realty Ltd.
List Price
$439,000
Sold Price
$378,000
Premium/Discount to List
-$61,000
-13.9%
Total Days on Market
70
Views
14
Current Estimated Value
$416,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,003
Avg. Annual Appreciation
42.59%

Purchase Details

Closed on
Sep 7, 2007
Sold by
Structured Sales Corp
Bought by
Kwan Shirley Ching Chu

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
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2007
Sold by
Glover William Augustus and Glover Joanne Brill
Bought by
Glover Family Properties Llc

Purchase Details

Closed on
Oct 27, 2004
Sold by
Yang Chung Kan
Bought by
Glover William Augustus and Glover Joanne Brill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2004
Sold by
Central Pacific Bank
Bought by
Yang Chung Kan
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 Type Sale Price Title Company
Deed -- Title Guaranty
Deed $380,000 Fhtc
Deed $342,000 Fhtc
Deed $1,500 None Available
Deed $280,000 --
Limited Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Unknown
Previous Owner $860,000 Small Business Administration
Previous Owner $224,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $378,000 -0.3% $583 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/16/2025 01/16/25 Price Changed $379,000 -5.0% $585 / Sq Ft
12/17/2024 12/17/24 Price Changed $399,000 -9.1% $616 / Sq Ft
11/13/2024 11/13/24 For Sale $439,000 -- $677 / 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
2024 $1,205 $504,300 $35,600 $468,700
2023 $990 $522,800 $35,600 $487,200
2022 $1,081 $448,800 $32,000 $416,800
2021 $1,150 $468,600 $30,500 $438,100
2020 $1,204 $484,000 $30,500 $453,500
2019 $1,278 $485,000 $30,500 $454,500
2018 $1,189 $459,600 $28,300 $431,300
2017 $1,105 $435,800 $26,900 $408,900
2016 $1,058 $422,300 $31,000 $391,300
2015 $990 $402,900 $19,800 $383,100
2014 $1,217 $399,300 $24,100 $375,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202426506

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-3-036-020-0140