NOT LISTED FOR SALE

2425 Kuhio Ave Unit 607 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $395,000 - $420,000

1 Bed
1 Bath
403 Sq Ft
7,667 Sq Ft Lot Lot

Sale Details

Date Sold: May 30, 2023

Last sale price $387,500 $962 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,706 / mo

137 Days on Market

Highlights

  • Concierge
  • City View
  • Furnished
  • Private Pool
  • Whirlpool Bathtub
  • Patio

About This Home

As of May 2023

PRICE IMPROVEMENT ON RARE, LEGAL ONE BEDROOM SHORT TERM RENTAL, TWO BLOCKS FROM THE BEST STRETCH OF WAIKIKI BEACH! Rarely available, turnkey, income producing 1 BD/1BA condotel unit. Resort zone LEGAL; Short term vacation rental allowed under Measure 41. Recently remodeled: Koa wood furniture, dual lanai w/new ultra quiet sliders, super chill split A/C, built-in cooktop, full size fridge. Furnishings included. The living/sleeping area has one queen size bed and 1 sofa bed (sleeps 4), closet, 42" smart tv, and full bath with shower/tub. Building amenities include on-site paid laundry (nominal fee), sundeck with grilling area, pool, complimentary wi-fi and cable. Unit is a popular rental option for families due to rarity of 1 bedroom units at this price point. PRIME location, less than 2 blocks to world famous Waikiki Beach, shopping and restaurants. Managed by great property management group with excellent reviews on the unit. Condo docs, financial statements, and disclosures available for serious inquiries.

Last Agent to Sell the Property

Derek Okahashi

RE/MAX Aloha Homes License #RS-82017 Listed on: 01/13/2023

RE/MAX Aloha Homes

Co-Listed By

Lauren Kawahakui

Drop - 2025 License #RS-78656

Last Buyer's Agent

Michelle Wood

Hawaii Life License #RS-69537

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 1968 | Remodeled in 2020

Lot Details

  • Fenced
  • Property is in excellent condition

Property Views

  • City
  • Mountain

Home Design

  • Condo Hotel
  • Entry on the 6th floor

Interior Spaces

  • 403 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Ceramic Tile Flooring
  • Microwave

Bedrooms and Bathrooms

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

Home Security

Parking

  • Garage
  • Guest Parking

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Split Air Conditioning
  • Cable TV Available

Community Details

Overview

  • High-Rise Community
  • Bamboo Condos

Amenities

  • Concierge
  • Restaurant
  • Laundry Facilities

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,460

Year Built

Built in 1968 | Remodeled in 2020

Lot Details

7,667 Sq Ft Lot

Listing Details

  • Architectural Style: Condotel, High-Rise 7+ Stories
  • Building Name: Bamboo
  • Inclusions: AC Split, Cable TV, Drapes, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector
  • LandTenure: FS - Fee Simple
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 403
  • Fill Sq Ft Total: 443
  • Stories Type: 8-14
  • Year Built: 1968
  • Year Renovated: 2020
  • Attribution Contact: (808) 393-9966
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: BBQ, Community Laundry, Concierge, Patio/Deck, Pool on Property, Restaurant, Wall/Fence, Whirlpool
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Entry Floor: 6
  • Furnished: Full
  • Unit Features: Bedroom on 1st Level, Full Bath on 1st Floor, Odd# Unit, Single Level

Exterior Features

  • Construction Type: Above Ground, Concrete
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: City, Mountain

Garage/Parking

  • Parking Features: Garage, Guest, Other

Schools

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

Multi Family

  • Maintenance Expense: 1186.00

Tax Info

  • Tax Annual Amount: 5460.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
May 22, 2023
Sold by
Bought by
Seller's Agent
Derek Okahashi
RE/MAX Aloha Homes
Buyer's Agent
Michelle Wood
Hawaii Life
List Price
$490,000
Sold Price
$387,500
Premium/Discount to List
-$102,500
-20.92%
Views
277
Current Estimated Value
$410,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,006
Avg. Annual Appreciation
1.94%
Original Mortgage
$232,500
Outstanding Balance
$225,411
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$185,095

Purchase Details

Listed on
Dec 12, 2020
Closed on
Aug 27, 2021
Sold by
Bought by
Seller's Agent
Michele Pichay
808 Island Realty LLC
Buyer's Agent
Hana Dawley
Drop - 2026
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Jun 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
5.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Of Hawaii
$379,000 Fnt
$379,000 Fnt
$188,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $232,500
Previous Owner $131,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Off Market $387,500 -- --
05/30/2023 05/30/23 Sold $387,500 -7.7% $962 / Sq Ft
03/14/2023 03/14/23 Price Changed $420,000 -9.7% $1,042 / Sq Ft
03/02/2023 03/02/23 Price Changed $465,000 +5.7% $1,154 / Sq Ft
02/10/2023 02/10/23 Price Changed $440,000 -5.4% $1,092 / Sq Ft
02/03/2023 02/03/23 Price Changed $465,000 -5.1% $1,154 / Sq Ft
01/13/2023 01/13/23 For Sale $490,000 +29.3% $1,216 / Sq Ft
09/02/2021 09/02/21 Sold $379,000 0.0% $940 / Sq Ft View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $379,000 -- $940 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,891 $409,500 $137,000 $272,500
2024 $5,624 $391,700 $144,700 $247,000
2023 $5,393 $376,300 $140,100 $236,200
2022 $5,465 $381,100 $137,000 $244,100
2021 $4,475 $312,600 $137,000 $175,600
2020 $5,622 $394,500 $108,200 $286,300
2019 $4,119 $392,400 $90,200 $302,200
2018 $4,119 $319,300 $78,100 $241,200
2017 $932 $266,200 $60,100 $206,100
2016 $3,416 $254,700 $49,300 $205,400
2015 $931 $266,100 $42,100 $224,000
2014 $2,686 $238,700 $33,100 $205,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202300379

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-023-067-0048

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