$380,000 - $506,000
RENTED JAN 29, 2025

The Palms 431 Nahua St Unit 1409 Honolulu, HI 96815

Waikiki Neighborhood
1 Bed
1 Bath
615 Sq Ft
$684 Price per Sq Ft

Last Sold December 30, 2020

Last sale price $394,000 $641 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,328/month

Highlights

  • City View
  • Home fronts a canal
  • Building Patio
  • 29,490 Sq Ft lot
  • Community Pool
  • Window Unit Cooling System

About This Home

As of January 2025

Highly sought after one bedroom at The Palms in the heart of Waikiki! Just yards away from Target and the International Marketplace, restaurants, shopping, nightlife, groceries, and Waikiki beach! Unit includes one assigned parking! All inclusive rental INCLUDES electricity, basic cable TV, internet service, water, sewer and hot water! Unit is partially furnished with a futon sleeper sofa, queen sized bed, large flat screen TV, and a washer and dryer in unit. Stunning mountain and golf course views. Common area includes a barbecue area and a small pool to entertain your guests.

Last Agent to Rent the Property

David Murai

Portfolio Brokerage Phone: (808) 735-5585 License #RS-77960 Listed on: 01/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1968

Lot Details

  • 0.68 Acre Lot
  • Home fronts a canal
  • Zoning described as X2 - Apartment Precinct

Interior Spaces

  • 615 Sq Ft Home
  • 1-Story Property
  • Blinds
  • City Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 1/10/25
  • Rent includes parking
  • 12 Month Lease Term
  • Assessor Parcel Number 1-2-6-021-020-0117

Community Details

Overview

  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch

Recreation

  • Community Pool

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-01-10

Listing Details

  • Architectural Style: High Rise
  • Prop. Type: Residential Lease
  • Year Built: 1968
  • Attribution Contact: (808) 735-5585
  • CommunityFeatures: Barbecue, Deck/Porch, Patio, Property Manager On-Site, Pool
  • Road Frontage Type: Canal
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • SecurityFeatures: Key Card Entry
  • Association Amenities: Management
  • Pets Allowed: No, Negotiable
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Interior Features: Dual Sinks, Kitchen Exhaust Fan, Cable TV, Window Treatments
  • Unit Levels: One
  • Living Area: 615.0
  • Window Features: Blinds
  • Security Deposit: 2500.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Property Condition: Good Condition, Updated/Remodeled
  • View: City, Mountain(s), Other
  • View: Yes
  • Disclosures: No Smoking

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Parking

Lot Info

  • Parcel Number: 1-2-6-021-020-0117
  • Zoning Description: X2 - Apartment Precinct

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 22, 2020
Sold by
Periana Andrea Veera
Bought by
Rios Rodolfo
Seller's Agent
Drew Read
List Sotheby's Int'l Realty
Buyer's Agent
Margaret Walker
Coldwell Banker Realty
List Price
$398,000
Sold Price
$394,000
Premium/Discount to List
-$4,000
-1.01%
Current Estimated Value
$420,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,463
Avg. Annual Appreciation
1.35%
Original Mortgage
$295,500
Outstanding Balance
$263,083
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,380

Purchase Details

Closed on
Oct 26, 2006
Sold by
Asher Jeffrey S
Bought by
Periana Andre Veera

Purchase Details

Closed on
Apr 11, 2005
Sold by
First Hawaiian Bank
Bought by
Asher Jeffrey S and Jeffrey S Asher Trust
Source: Public Records

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
Rios Rodolfo -- First American Title Of Hawaii
Rios Rodolfo $394,000 Fam
Periana Andre Veera $332,000 Tg
Asher Jeffrey S $42,200 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Rodolfo $295,500
Closed Rios Rodolfo $295,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2025 01/29/25 Rented $2,500 0.0% --
01/22/2025 01/22/25 Price Changed $2,500 -7.4% $4 / Sq Ft
01/10/2025 01/10/25 For Rent $2,700 0.0% --
12/30/2020 12/30/20 Sold $394,000 -1.0% $641 / Sq Ft View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $398,000 -- $647 / 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
2025 $1,524 $437,500 $50,700 $386,800
2024 $1,524 $435,300 $50,700 $384,600
2023 $1,369 $425,700 $50,000 $375,700
2022 $1,369 $391,000 $48,600 $342,400
2021 $1,198 $342,300 $48,600 $293,700
2020 $1,333 $380,900 $45,900 $335,000
2019 $1,331 $369,300 $44,500 $324,800
2018 $1,331 $380,200 $43,800 $336,400
2017 $1,274 $364,000 $41,700 $322,300
2016 $1,233 $352,300 $38,200 $314,100
2015 $1,168 $333,600 $35,800 $297,800
2014 $1,059 $339,100 $34,400 $304,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2025

    David Murai

    Portfolio

    (808) 735-5585

    1 Total Sale

    David Murai
    Section Image
  • Drew Read

    Seller's Agent in 2020

    Drew Read

    List Sotheby's Int'l Realty

    (808) 735-2411

    8 in this area

    35 Total Sales

    Drew Read
    Section Image

  • M

    Buyer's Agent in 2020

    Margaret Walker

    Coldwell Banker Realty

    (808) 306-1967

    2 in this area

    24 Total Sales

    Margaret Walker
    Section Image
See All Agents

About The Palms

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202501737

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-021-020-0117

Hawaii Honolulu County Honolulu 96815 Waikiki

431 Nahua St Unit 1409, Honolulu, HI

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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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