$680,000
SOLD FEB 14, 2025
2 Beds
2 Baths
1,023 Sq Ft
1.32 Acres

Recently Sold

$665 Per Sq Ft

6% Below List Price

98 Days on Market

Highlights

  • City View
  • Community Pool
  • Card or Code Access
  • Wood Flooring
  • Security Guard
  • 4-minute walk to Waikiki Gateway Park

About This Home

As of February 2025

Welcome to Lanikeaq at Waikiki, an elegant two-bedroom, 2-bath condominium nestled in the heart of Waikiki. Boasting 1,023 square feet of interior living space and a 93-square-foot lanai, this residence offers the perfect blend of luxury and comfort. Built in 2005, this spacious unit is ideal for those seeking the vibrant Waikiki lifestyle. Enjoy being a short stroll away from the serene Ala Wai Canal, the iconic Waikiki Beach, the upscale Ritz-Carlton, and Fort DeRussy Beach Park, with Friday night fireworks lighting up your evenings. The building is known for its friendly community and features top-notch amenities, including a pool, hot tub, BBQ area, and 24-hour security. With two dedicated parking spaces, convenience and ease are at your doorstep. Experience the best of island living at 421 Olohana. Call today.

Last Agent to Sell the Property

Ben Eger

ORPS Luxury Intl Realty License #RB-24044 Listed on: 11/08/2024

Last Buyer's Agent

Frank Clark

Real Select International LLC License #RS-50740

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 2005

Property Views

  • Garden

Interior Spaces

  • 1,023 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Schools

  • Ala Wai Elementary School
  • Washington Middle School
  • Kaimuki High School

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-016-002-0002

Community Details

Overview

  • Association fees include common areas, cable TV, sewer, water
  • Lanikea At Waikiki Condos
  • Waikiki Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa
  • Recreational Area

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,364

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Lanikea at Waikiki
  • Inclusions: AC Central,Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2005
  • CommunityFeatures: Barbecue, Pool, Recreation Area, Storage Facilities, Trash Chute
  • SecurityFeatures: Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 6
  • Unit Levels: One
  • Living Area: 1023.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Furnished: Furnished
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Double Wall, Concrete
  • Property Condition: Excellent
  • View: City, Garden
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Two Spaces, Secured
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Sewer, Water

Schools

  • Elementary School: Ala Wai
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-6-016-002-0002
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 1595.41

Tax Info

  • Tax Annual Amount: 2364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Feb 10, 2025
Sold by
Marc Alan Laderman Revocable Living Trus and Sorphorn Mao Revocable Living Trust
Bought by
Yumekubo Usa Llc
Seller's Agent
Ben Eger
ORPS Luxury Intl Realty
Buyer's Agent
Frank Clark
Real Select International LLC
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%
Views
15
Current Estimated Value
$706,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,678
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Mar 13, 2019
Sold by
Laderman Marc Alan and Mao Sorphorn
Bought by
Laderman Marc Alan and Mao Sorphorn

Purchase Details

Listed on
Sep 30, 2016
Closed on
Feb 18, 2017
Sold by
Zimmermann Gordon and Zimmermann Kimberly
Bought by
Laderman Marc Alan
Seller's Agent
Jack Pitcher
Locations LLC
Buyer's Agent
Tha Smith
Coldwell Banker Realty
List Price
$699,000
Sold Price
$694,000
Premium/Discount to List
-$5,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%

Purchase Details

Closed on
Aug 9, 2006
Sold by
Murchie Margaret Elizabeth
Bought by
Zimmermann Gordon and Zimmerman Kimberly

Purchase Details

Closed on
Jul 22, 2005
Sold by
A & B Waikiki Llc
Bought by
Murchie Margaret Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
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 -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $694,000 Premier Title
Deed $694,000 Premier Title
Warranty Deed $688,000 Tg
Condominium Deed $435,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $348,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $680,000 -6.2% $665 / Sq Ft
11/08/2024 11/08/24 For Sale $725,000 +4.5% $709 / Sq Ft
02/23/2017 02/23/17 Sold $694,000 -0.7% $678 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $699,000 0.0% $683 / Sq Ft
12/17/2013 12/17/13 Rented $2,650 0.0% --
12/17/2013 12/17/13 For Rent $2,650 -- --
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 $2,363 $963,500 $195,400 $768,100
2024 $2,363 $795,100 $195,400 $599,700
2023 $2,140 $811,400 $192,700 $618,700
2022 $2,689 $868,300 $187,400 $680,900
2021 $2,587 $839,000 $187,400 $651,600
2020 $2,469 $805,500 $176,700 $628,800
2019 $2,532 $803,300 $171,300 $632,000
2018 $2,235 $718,500 $168,600 $549,900
2017 $2,443 $698,100 $160,600 $537,500
2016 $2,592 $740,700 $147,200 $593,500
2015 $2,500 $714,400 $138,100 $576,300
2014 $2,256 $642,400 $102,800 $539,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202426299

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-016-002-0002