$170,000
SOLD JAN 3, 2025

Five Regents 2888 Ala Ilima St Unit 904 Honolulu, HI 96818

Aliamanu-Salt Lake Neighborhood
-- Bed
1 Bath
300 Sq Ft
1.15 Acres

Recently Sold

$567 Per Sq Ft

8% Below List Price

73 Days on Market

Highlights

  • Golf Course View
  • 50,138 Sq Ft lot
  • Community Pool
  • Salt Lake Elementary School Rated 9+
  • Sauna
  • Tennis Courts

About This Home

As of January 2025

This cozy studio is located on the cool side of the building, offering stunning mountain and partial golf course views. Conveniently situated near bus lines, Moanalua High School, parks, shopping centers, and popular restaurants, it provides easy access to Pearl Harbor, the airport, Tripler Medical Center, Building Amenities: Pool, tennis/basketball court, sauna, picnic area, recreation room, trash chute, on-site manager, and secured entrance. Recent Upgrades: Freshly painted interior and brand new water-resistant luxury vinyl flooring. Although it is a Leasehold Property, it has a Low lease rent of $48 until the lease expires in 2078. This property offers both comfort and convenience in an ideal location. Perfect for first-time buyer and investor.

Last Agent to Sell the Property

Rita Wong

Realty Brokerage LLC Brokerage Phone: (808) 946-2030 License #RB-19718 Listed on: 09/30/2024

Last Buyer's Agent

Christopher Causey

Keller Williams Honolulu License #RS-81413

Keller Williams Honolulu

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $825

Year Built

  • Built in 1978

Property Views

  • Golf Course
  • City

Home Design

  • 300 Sq Ft Home

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Schools

  • Salt Lake Elementary School
  • Moanalua Middle School
  • Moanalua High School

Additional Features

  • 1 Full Bathroom
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 1-1-1-062-024-0051

Community Details

Overview

  • Association fees include sewer, water
  • Five Regents Condos
  • Salt Lake Subdivision

Amenities

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

Recreation

  • Tennis Courts
  • Community Pool
  • Recreational Area

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$825

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Five Regents
  • Inclusions: AC Window Unit,Disposal,Range Hood,Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1978
  • Attribution Contact: (808) 946-2030
  • CommunityFeatures: Barbecue, Community Pool, Laundry Facilities, Recreation Area, Sauna, Tennis Court(s), Trash Chute
  • Fencing: Fenced, Wall
  • Road Frontage Type: Other
  • SecurityFeatures: Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: SALT LAKE
  • Entry Level: 9
  • Living Area: 300.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: NewHome
  • Year Renovated: 2024

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Furnished: Partially
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition, Updated/Remodeled
  • View: City, Golf Course, Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

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

Fee Information

  • Association Fee Includes: Sewer, Water

Schools

  • Elementary School: Salt Lake
  • High School: Moanalua
  • Middle Or Junior School: Moanalua

Lot Info

  • Parcel Number: 1-1-1-062-024-0051
  • Zoning Description: 12 - A-2 Medium Density Apartme

Rental Info

  • Land Lease Amount: 48.0

Multi Family

  • Maintenance Expense: 428.0
  • Lease Expiration: 2078-03-31

Tax Info

  • Tax Annual Amount: 825.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Dec 24, 2024
Sold by
Cheung Albert Yat Shing and Karlai Yim
Bought by
Torbela Martinez Jessica and Dulay Martinez Rogelio
Seller's Agent
Rita Wong
Realty Brokerage LLC
Buyer's Agent
Christopher Causey
Keller Williams Honolulu
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Total Days on Market
73
Views
27
Current Estimated Value
$186,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,214
Avg. Annual Appreciation
26.66%
Original Mortgage
$155,000
Outstanding Balance
$154,604
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$32,249
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 -- Fam
Deed -- Fam
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Closed $155,000 New Conventional
Previous Owner $93,100 New Conventional
Previous Owner $80,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $170,000 -4.5% $567 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $178,000 -3.8% $593 / Sq Ft
09/30/2024 09/30/24 For Sale $185,000 -- $617 / 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 $825 $235,600 $18,600 $217,000
2023 $777 $221,900 $18,600 $203,300
2022 $740 $211,400 $18,100 $193,300
2021 $745 $212,900 $17,300 $195,600
2020 $736 $210,300 $18,100 $192,200
2019 $761 $217,500 $18,100 $199,400
2018 $704 $201,000 $17,300 $183,700
2017 $686 $196,000 $17,300 $178,700
2016 $643 $183,600 $16,600 $167,000
2015 $578 $165,200 $14,600 $150,600
2014 $554 $161,600 $14,600 $147,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rita Wong

    Realty Brokerage LLC

    (808) 946-2030

    2 in this area

    11 Total Sales

    Rita Wong
    Section Image
  • Christopher Causey

    Buyer's Agent in 2025

    Christopher Causey

    Keller Williams Honolulu

    (808) 596-2888

    1 in this area

    50 Total Sales

    Christopher Causey
    Section Image
See All Agents

About Five Regents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202422104

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-1-062-024-0051

Hawaii Honolulu County Honolulu 96818 Aliamanu-Salt Lake

2888 Ala Ilima St Unit 904, Honolulu, HI

This home is located at 2888 Ala Ilima St Unit 904, Honolulu, HI 96818 and is currently priced at $170,000, approximately $566 per square foot. This property was built in 1978. 2888 Ala Ilima St Unit 904 is a home located in Honolulu County with nearby schools including Salt Lake Elementary School, Moanalua Middle School, and Moanalua High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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