$650,000
SOLD MAY 9, 2025

229 Paoakalani Ave Unit 1501 Honolulu, HI 96815

Waikiki Neighborhood
1 Bed
1 Bath
546 Sq Ft
$264/mo HOA Fee

Recently Sold

$1,190 Per Sq Ft

3% Below List Price

101 Days on Market

Highlights

  • Golf Course View
  • Clubhouse
  • Community Pool
  • 49,963 Sq Ft lot
  • End Unit
  • Tennis Courts

About This Home

As of May 2025

Popular vacation condotel. Fully furnished 1 bedroom, 1 bath, 1 parking unit. Mountain and city views. Minutes from Waikiki Beach, Honolulu Zoo, Diamond Head, shopping and many activities that Waikiki has to offer. Great amenities. Furnishings, kitchenware and appliances included in sale. Other fees of $263.58 is special assessment for fan coil project that runs from 01/2025 - 12/2028.

Last Agent to Sell the Property

Osamu Ooka

ILC & Swell Realty LLC Brokerage Phone: (808) 951-4177 License #RS-75659 Listed on: 01/28/2025

Co-Listed By

Akio Suda

ILC & Swell Realty LLC Brokerage Phone: (808) 951-4177 License #RB-22530

Last Buyer's Agent

kumiko atsumi

YourTurn Inc License #RS-86277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $264 Monthly HOA Fees

Property Views

  • Golf Course
  • Garden

Home Design

  • Condo Hotel
  • Slab Foundation

Interior Spaces

  • 546 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Guest Parking
  • Unassigned Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-028-011-0107

Community Details

Overview

  • Association fees include electricity, HVAC, hot water, ground maintenance, maintenance structure, sewer, water
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Trash Chute
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Recreational Area

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,904

Year Built

Built in 1979

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Waikiki Sunset
  • Co List Office Mls Id: ILCS
  • Inclusions: AC Central,Disposal,Kitchenware,Microwave Hood,Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Attribution Contact: (808) 951-4177
  • CommunityFeatures: Barbecue, Clubhouse, Deck/Porch, Patio, Pool, Recreation Area, Tennis Court(s), Trash Chute, Condo Hotel Community
  • Fencing: Fenced, Wall
  • SecurityFeatures: Security Guard
  • Association Amenities: Management
  • Co List Office Phone: (808) 951-4177
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 15
  • Living Area: 546.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Hollow Tile, Masonry, Concrete, Stucco
  • Property Condition: Average Condition
  • View: Golf Course, Garden, Mountain(s)
  • View: Yes
  • Disclosures: 1031 Exchange, Seller Disclosure
  • Common Walls: End Unit
  • Foundation Details: Slab

Garage/Parking

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

Condo/Co-op/Association

  • Association #2 Fee: 264.0

Fee Information

  • Association Fee Includes: Electricity, HVAC, Hot Water, Maintenance Grounds, Maintenance Structure, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-6-028-011-0107
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 886.8

Tax Info

  • Tax Annual Amount: 2904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Apr 17, 2025
Sold by
Sakamoto Misako
Bought by
Tomoya Tsuruhara and Mao Tsuruhara
Seller's Agent
Osamu Ooka
ILC & Swell Realty LLC
Buyer's Agent
kumiko atsumi
YourTurn Inc
List Price
$668,000
Sold Price
$650,000
Premium/Discount to List
-$18,000
-2.69%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$455,000
Outstanding Balance
$454,809
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$197,621

Purchase Details

Closed on
Jan 14, 2008
Sold by
Kaulukukui Thomas K and Yim Patrick K S L
Bought by
Sakamoto Misako and Yamashita Misako
Source: Public Records

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Range of Values:

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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 -- Fntic
Deed -- Fidelity National Title
Limited Warranty Deed $83,333 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Closed $455,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $725,000 +11.5% $1,328 / Sq Ft
05/09/2025 05/09/25 Sold $650,000 -2.7% $1,190 / Sq Ft
01/28/2025 01/28/25 For Sale $668,000 0.0% $1,223 / Sq Ft
05/25/2022 05/25/22 Off Market $2,000 -- --
05/24/2022 05/24/22 Rented $2,000 0.0% --
05/11/2022 05/11/22 For Rent $2,000 0.0% --
10/02/2019 10/02/19 Rented $2,000 0.0% --
10/02/2019 10/02/19 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 $5,822 $614,300 $80,600 $533,700
2024 $5,822 $635,000 $85,100 $549,900
2023 $1,675 $478,600 $82,400 $396,200
2022 $1,763 $503,600 $80,600 $423,000
2021 $1,732 $494,800 $80,600 $414,200
2020 $1,843 $526,600 $98,700 $427,900
2019 $1,830 $522,900 $82,300 $440,600
2018 $1,645 $470,000 $71,300 $398,700
2017 $1,325 $378,500 $54,800 $323,700
2016 $1,460 $417,000 $45,000 $372,000
2015 $1,525 $435,700 $38,400 $397,300
2014 $1,077 $400,300 $30,200 $370,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202502890

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0107