229 Paoakalani Ave Unit 1409 Honolulu, HI 96815
Waikiki Neighborhood
1
Bed
1
Bath
546
Sq Ft
1.15
Acres
Highlights
- Fitness Center
- 49,963 Sq Ft lot
- Community Pool
- Golf Course View
- Clubhouse
- Security Guard
About This Home
As of December 2024LEGAL SHORT TERM VACATION RENTAL UNIT IN WAIKIKI . 1bedroom 1 bath cooler mountain side of building comes with covered parking space. Just a short walk to the world-famous Waikiki Beach, Kapiolani Park, Honolulu Zoo, and a variety of restaurants and shops. Fully furnished and equipment ready for move in or rent out. You can use vacation home while in Hawaii and other time rent out. Great investment property . Central AC coil replacement scheduled Nov 15-29th 2024 .
Last Agent to Sell the Property
House Plus LLC Brokerage Phone: (808) 953-4703 License #RB-21594 Listed on: 09/20/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,817
Year Built
- Built in 1979
Property Views
- Golf Course
- City
Interior Spaces
- 546 Sq Ft Home
- Ceramic Tile Flooring
- Closed Circuit Camera
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Covered Parking
- Unassigned Parking
Schools
- Jefferson Elementary School
- Kaimuki Middle School
- Kaimuki High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 1-2-6-028-011-0101
Community Details
Overview
- Association fees include electricity, HVAC, hot water, sewer, water
- Waikiki Sunset Condos
- Waikiki Subdivision
Amenities
- Community Barbecue Grill
- Trash Chute
- Clubhouse
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Recreational Area
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Dec 6, 2024
Sold by
Yang Yao Trust and Yao Yang
Bought by
229 Paoakalani 1409 Llc
Seller's Agent
Naoko Miura
House Plus LLC
Buyer's Agent
George Krischke
Hawaii Living LLC
List Price
$672,000
Sold Price
$653,000
Premium/Discount to List
-$19,000
-2.83%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,538
Avg. Annual Appreciation
10.07%
Original Mortgage
$489,750
Outstanding Balance
$486,290
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$208,713
Purchase Details
Closed on
May 1, 2024
Sold by
Miyakawa Kazuya and Miyakawa Chieko
Bought by
Yang Yao Trust and Yao
Purchase Details
Listed on
Feb 13, 2014
Closed on
Jun 9, 2014
Sold by
Kabushiki Kaisha Health
Bought by
Miyakawa Kazuya
Seller's Agent
Yuko Takahashi
Map Vision Inc.
Buyer's Agent
Naoko Miura
House Plus LLC
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$287,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 1, 2011
Sold by
Furuya Hisashi
Bought by
Kabushiki Kaisha Health
Purchase Details
Closed on
Jan 14, 2008
Sold by
Kaulukukui Thomas K and Yim Patrick K S L
Bought by
Furuya Hisashi
Similar Homes in Honolulu, HI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Tg | |
| Deed | -- | Tg | |
| Deed | -- | Fidelity National Title | |
| Deed | $410,000 | Tg | |
| Deed | $410,000 | Tg | |
| Deed | $380,000 | Tg | |
| Limited Warranty Deed | $81,800 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $489,750 | New Conventional | |
| Closed | $489,750 | New Conventional | |
| Previous Owner | $287,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $653,000 | -0.3% | $1,196 / Sq Ft |
| 10/24/2024 10/24/24 | Price Changed | $655,000 | -2.5% | $1,200 / Sq Ft |
| 09/20/2024 09/20/24 | For Sale | $672,000 | +63.9% | $1,231 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $410,000 | -4.7% | $751 / Sq Ft |
| 05/14/2014 05/14/14 | Pending | -- | -- | -- |
| 02/13/2014 02/13/14 | For Sale | $430,000 | -- | $788 / Sq Ft |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
Tax History Compared to Growth
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 | $5,817 | $612,600 | $79,100 | $533,500 |
| 2024 | $5,817 | $634,500 | $83,500 | $551,000 |
| 2023 | $1,844 | $570,700 | $80,900 | $489,800 |
| 2022 | $1,844 | $503,600 | $79,100 | $424,500 |
| 2021 | $1,805 | $494,000 | $79,100 | $414,900 |
| 2020 | $1,918 | $524,700 | $97,000 | $427,700 |
| 2019 | $1,903 | $520,200 | $80,800 | $439,400 |
| 2018 | $1,713 | $466,900 | $70,000 | $396,900 |
| 2017 | $1,381 | $375,700 | $53,900 | $321,800 |
| 2016 | $1,526 | $414,100 | $44,200 | $369,900 |
| 2015 | $1,518 | $433,600 | $37,700 | $395,900 |
| 2014 | $1,105 | $398,700 | $29,600 | $369,100 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2024
Naoko Miura
House Plus LLC
(808) 953-4703
39 in this area
80 Total Sales
-
G
Buyer's Agent in 2024
George Krischke
Hawaii Living LLC
(808) 732-6184
87 in this area
115 Total Sales
-
Y
Seller's Agent in 2014
Yuko Takahashi
Map Vision Inc.
(808) 971-0101
22 in this area
27 Total Sales
Map
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202421565
APN: 1-2-6-028-011-0101
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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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