$410,000
SOLD JUN 13, 2014

229 Paoakalani Ave Unit 1409 Honolulu, HI 96815

Waikiki Neighborhood
1 Bed
1 Bath
546 Sq Ft
$581/mo HOA Fee

Recently Sold

$751 Per Sq Ft

5% Below List Price

90 Days on Market

Highlights

  • 49,963 Sq Ft lot
  • Community Pool
  • Views
  • Sauna
  • Tennis Courts
  • Security Guard

About This Home

As of December 2024

The Best Buy in Waikiki Sunset. Totally renovated in 2010 & fully furnished. Owner locker in the unit. MTN view. MF$420.77 all utilities inclusive & Reserve $160.67. Central A/C new chiller installed in 2012. Bldg painting & spalling repair completed in 2013. Lobby area renovation is planned. High occupancy & good rental stream. Unit has Non-Conforming Use certificate.

Last Agent to Sell the Property

Yuko Takahashi

Map Vision Inc. License #RB-16054 Listed on: 02/13/2014

Last Buyer's Agent

Naoko Miura

House Plus LLC License #RB-21594

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1979

HOA Fees

  • $581 Monthly HOA Fees

Interior Spaces

  • 546 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Unassigned Parking

Schools

  • Jefferson Elementary School
  • Washington Middle School
  • Kaimuki High School

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-028-011-0101

Community Details

Overview

  • Association fees include cable TV, electricity, HVAC, hot water, sewer, water
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Recreational Area

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,236

Year Built

Built in 1979

Lot Details

0

HOA Fees

$581 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: waikiki sunset
  • Inclusions: AC Central,Cable TV,Disposal,Drapes,Kitchenware,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • CommunityFeatures: Barbecue, Laundry Facilities, Pool, Recreation Area, Sauna, Tennis Court(s), Trash Chute
  • SecurityFeatures: Security Guard
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 14
  • Unit Levels: One
  • Living Area: 546.0
  • New Construction: No
  • Tax Year: 2013
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent, Updated/Remodeled
  • View: Mountain(s)
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 581.0

Fee Information

  • Association Fee Includes: Cable TV, Electricity, HVAC, Hot Water, None, Sewer, Water

Schools

  • Elementary School: Jefferson
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-6-028-011-0101
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 581.44

Tax Info

  • Tax Annual Amount: 1236.0

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
$695,538

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
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 -- 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

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 $5,817 $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

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201402158

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0101