NOT LISTED FOR SALE

229 Paoakalani Ave Unit 1111 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $639,000 - $659,000

1 Bed
1 Bath
546 Sq Ft
$667/mo HOA Fee

Last Sold December 06, 2018

Last sale price $309,000 $566 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,618/month

59 Days on Market

Highlights

  • Heated Pool
  • 49,963 Sq Ft lot
  • Building Patio
  • Golf Course View
  • Tennis Courts
  • Security Guard

About This Home

As of December 2018

A one bedroom, one bath Apartment with one covered parking stall at the popular Waikiki Sunset Condominium. Close to the Beach, Kapiolani Park, Diamond Head, restaurants, and shops. Nice amenities including a Heated Pool, Tennis Court, BBQ, Sauna, Whirlpool, and Security.The Apartment is on the cool side of the building with refreshing mountain, canal, golf course views, and mountain and city lights at night. Unit is in the Aston Hotel rental pool for income. The Unit does have a non conforming use certificate. The fee is currently being offered by the lessor at $183,000.

Last Agent to Sell the Property

Steve Koyama

Koyama Realty License #RB-15867 Listed on: 09/08/2018

Last Buyer's Agent

Aimee Kim

CENTURY 21 Hawaiian Style License #RB-21060

CENTURY 21 Hawaiian Style

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1979

Lot Details

  • 1.15

HOA Fees

  • $667 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 546 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Golf Course Views

Bedrooms and Bathrooms

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

Parking

  • 1 Car Garage
  • Unassigned Parking

Additional Features

  • Heated Pool
  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-028-011-0075

Community Details

Overview

  • Association fees include common areas, cable TV, HVAC, internet
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Trash Chute
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Recreational Area

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,692

Year Built

Built in 1979

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Waikiki Sunset
  • Inclusions: AC Central,Cable TV,Disposal,Drapes,Kitchenware,Linens,Microwave Hood,Microwave,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • CommunityFeatures: Barbecue, Deck/Porch, Laundry Facilities, Patio, Pool, Recreation Area, Tennis Court(s), Trash Chute
  • SecurityFeatures: Key Card Entry, Security Guard
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 11
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 546.0
  • New Construction: No
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Concrete, Stucco
  • Pool Features: Heated
  • Property Condition: Excellent
  • View: Canal, Golf Course, Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Covered, Garage, One Space, Unassigned
  • Total Parking Spaces: 1.0
  • Attached Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 667.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, HVAC, Internet

Lot Info

  • Parcel Number: 1-2-6-028-011-0075
  • Zoning Description: X2 - Apartment Precinct

Rental Info

  • Land Lease Amount: 165.24

Multi Family

  • Maintenance Expense: 667.0
  • Lease Expiration: 2036-04-14

Tax Info

  • Tax Annual Amount: 1692.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Lee Dong Ik
Bought by
Association Of Apartment Owners Of Waikiki Su
Current Estimated Value
$650,658

Purchase Details

Listed on
Sep 8, 2018
Closed on
Nov 29, 2018
Sold by
St Francis Medical Center
Bought by
Lee Dong Ik
Seller's Agent
Steve Koyama
Koyama Realty
Buyer's Agent
Aimee Kim
CENTURY 21 Hawaiian Style
List Price
$319,000
Sold Price
$309,000
Premium/Discount to List
-$10,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Kaulukukui Thomas K and Yim Patrick K S L
Bought by
St Francis Medical Center
Source: Public Records

Range of Values:

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Average Value
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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
Association Of Apartment Owners Of Waikiki Su -- Title Guaranty
Association Of Apartment Owners Of Waikiki Su -- Title Guaranty
Association Of Apartment Owners Of Waikiki Su $600,000 Title Guaranty
Association Of Apartment Owners Of Waikiki Su -- Title Guaranty
Lee Dong Ik $183,000 Tg
St Francis Medical Center $434,298 None Available
St Francis Medical Center $596,002 None Available
St Francis Medical Center $562,955 None Available
St Francis Medical Center $477,171 None Available
St Francis Medical Center $578,890 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $309,000 -3.1% $566 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $319,000 -- $584 / 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 $5,807 $609,400 $79,100 $530,300
2024 $5,807 $633,400 $83,500 $549,900
2023 $2,084 $569,600 $80,900 $488,700
2022 $1,844 $503,600 $79,100 $424,500
2021 $1,798 $492,200 $79,100 $413,100
2020 $2,008 $521,000 $97,000 $424,000
2019 $1,613 $514,900 $80,800 $434,100
2018 $1,613 $460,800 $70,000 $390,800
2017 $1,295 $370,000 $53,900 $316,100
2016 $1,505 $408,400 $44,200 $364,200
2015 $1,503 $429,400 $37,700 $391,700
2014 $1,086 $395,600 $29,600 $366,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201824186

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0075