NOT LISTED FOR SALE

Foster Tower 2500 Kalakaua Ave Unit 1405 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $537,000 - $718,000

-- Bed
1 Bath
525 Sq Ft
$557/mo HOA Fee

Last Sold May 22, 2015

Last sale price $343,000 $653 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,127/month

147 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Sauna
  • Fitness Center
  • 39,727 Sq Ft lot
  • 5-minute walk to Kapiʻolani Regional Park

About This Home

As of May 2015

Steps from Waikiki Beach! Diamond Head and Ocean Views. PARKING STALL INCLUDED! Fully furnished, well appointed vacation rental. 2 bicycles and a surfboard included! Building has storage for bikes and surfboards, heated swimming pool, gym, 24 hour security and keyed entry to building and garage. Fee available...

Last Listed By

Lani Paet

Hawaii Noa Properties, Inc. License #RB-17970 Listed on: 11/26/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1962

Lot Details

  • 0.91

HOA Fees

  • $557 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 525 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Ocean Views

Parking

  • 1 Parking Space
  • Covered Parking

Pool

  • Heated Pool

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-026-014-0072

Community Details

Overview

  • Association fees include cable TV, electricity, hot water, internet, sewer, water
  • Foster Tower Condos
  • Waikiki Subdivision

Amenities

  • Sauna
  • Trash Chute
  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,380

Year Built

Built in 1962

Lot Details

0

HOA Fees

$557 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Foster Tower
  • Inclusions: AC Window Unit,Auto Garage Door Opener,Blinds,Book Shelves,Cable TV,Ceiling Fan,Dishwasher,Disposal,Kitchenware,Linens,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1962
  • CommunityFeatures: Conference/Meeting Room, Fitness, Laundry Facilities, Pool, Sauna, Storage Facilities, Trash Chute
  • SecurityFeatures: Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 14
  • Unit Levels: One
  • Living Area: 525.0
  • New Construction: No
  • Tax Year: 2014
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Furnished: Furnished
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Pool Features: Heated
  • Property Condition: Good Condition, Updated/Remodeled
  • View: Mountain(s), Ocean, Sunrise
  • View: Yes

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: 557.0

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Hot Water, Internet, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-6-026-014-0072
  • Zoning Description: X6 - Resort Mixed Use Precinct

Rental Info

  • Land Lease Amount: 197.0

Multi Family

  • Maintenance Expense: 557.0
  • Lease Expiration: 2034-04-30

Tax Info

  • Tax Annual Amount: 1380.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2022
Sold by
Isamu Tanaka Wesley and Toyomi Lena
Bought by
Wesley I Tanaka Revocable Living Trust and Lena T Tanaka Revocable Living Trust
Total Days on Market
147
Current Estimated Value
$605,448

Purchase Details

Listed on
Nov 26, 2014
Closed on
May 12, 2015
Sold by
Kaulukukui Thomas K and Yim Patrick K S L
Bought by
Tanaka Wesley Isamu and Tanaka Lena Toyomi
Seller's Agent
Lani Paet
Hawaii Noa Properties, Inc.
Buyer's Agent
Vicki Ebesu
Luxury Homes International
List Price
$397,000
Sold Price
$343,000
Premium/Discount to List
-$54,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$274,400
Interest Rate
3.63%
Mortgage Type
New Conventional

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
Wesley I Tanaka Revocable Living Trust -- Sterling & Tucker Llp
Wesley I Tanaka Revocable Living Trust -- Sterling & Tucker Llp
Tanaka Wesley Isamu $237,800 Tg
Tanaka Wesley Isamu $237,800 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tanaka Wesley Isamu $274,400
Previous Owner Mebs Werner Rudolf $255,000
Previous Owner Shao Wally $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $343,000 -13.6% $653 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
11/26/2014 11/26/14 For Sale $397,000 -- $756 / 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
2024 $2,176 $621,600 $20,400 $601,200
2023 $1,606 $458,900 $19,900 $439,000
2022 $1,443 $412,200 $18,400 $393,800
2021 $1,639 $468,400 $47,000 $421,400
2020 $1,897 $542,100 $47,000 $495,100
2019 $1,987 $567,600 $47,700 $519,900
2018 $1,989 $568,300 $47,000 $521,300
2017 $1,965 $561,400 $44,900 $516,500
2016 $1,958 $559,400 $42,000 $517,400
2015 $2,088 $596,500 $38,300 $558,200
2014 $1,333 $704,000 $36,200 $667,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201421414

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-026-014-0072