NOT LISTED FOR SALE

Estimated Value: $448,000 - $521,000

2 Beds
2 Baths
950 Sq Ft
$934/mo HOA Fee

Last Sold October 31, 2019

Last sale price $450,000 $474 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,634/month

215 Days on Market

Highlights

  • City View
  • Community Pool
  • Card or Code Access
  • 29,490 Sq Ft lot
  • Building Patio
  • Resident Manager or Management On Site

About This Home

As of October 2019

Seller says SELL! Huge 50k price reduction (price firm). Best buy in the bldg & largest 2-bdrm floor plan w/82 sf lanai & 1 parking stall, newly remodeled in 2019, washer/dryer in unit, secured bldg, maintenance fees includes water/sewer/ electricity/internet and cable. Pet friendly bldg (cat and dog up to 25lbs). Excellent location - across street from International Marketplace, close to shopping, restaurants and famous Waikiki Beach. Other fees - each AC is $60 additional charge.

Last Agent to Sell the Property

Stephanie Chan

Locations LLC License #RB-19292 Listed on: 02/28/2019

Last Buyer's Agent

Manlin Chen Lieu

LC Real Estate LLC License #RB-20010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1968

Lot Details

  • 0.68

HOA Fees

  • $934 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-021-020-0022

Community Details

Overview

  • Association fees include cable TV, electricity, hot water, internet, sewer, water
  • Palms Inc Condos
  • Waikiki Subdivision

Amenities

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

Recreation

  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,764

Year Built

Built in 1968

Lot Details

0

HOA Fees

$934 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Palms Inc
  • Inclusions: AC Window Unit,Cable TV,Drapes,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1968
  • CommunityFeatures: Barbecue, Deck/Porch, Patio, Pool, Trash Chute
  • SecurityFeatures: Key Card Entry
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 4
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 950.0
  • New Construction: No
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Masonry, Other, Concrete, Stucco
  • Property Condition: Good Condition, Updated/Remodeled
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association Fee: 934.0

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: 1-2-6-021-020-0022
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 874.25

Tax Info

  • Tax Annual Amount: 1764.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Oct 28, 2019
Sold by
Morita Michelle Fe Niar and Michelle Fe Niar Morita Trust
Bought by
Lo Wendy
Seller's Agent
Stephanie Chan
Locations LLC
Buyer's Agent
Manlin Chen Lieu
LC Real Estate LLC
List Price
$530,000
Sold Price
$450,000
Premium/Discount to List
-$80,000
-15.09%
Current Estimated Value
$486,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,482
Avg. Annual Appreciation
1.31%
Original Mortgage
$315,000
Outstanding Balance
$212,695
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$273,787

Purchase Details

Listed on
Mar 26, 2012
Closed on
May 4, 2012
Sold by
Oharrow Stephen Dennis and Le Minh Hang
Bought by
Morita Michelle Fe Niar
Seller's Agent
Margo Brower
Captain Cook Real Estate
Buyer's Agent
Serena Tzeng
Help-U-Sell Honolulu Prop.
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
May 27, 2003
Sold by
Tamonte Danilo Concepcion
Bought by
Oharrow Stephen Dennis and Le Minh Hang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2001
Sold by
Hui John
Bought by
Tamonte Danilo Conception

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.95%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Hui John and Hui Suet Lai
Bought by
Hui John and Hui Jenny Suet Lai

Purchase Details

Closed on
Mar 23, 1995
Sold by
Kahala Kua Ventures
Bought by
Hui John and Hui Jenny Suet Lai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,700
Interest Rate
8.9%
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
Lo Wendy $450,000 Premier Title
Lo Wendy $450,000 Premier Title
Morita Michelle Fe Niar $390,000 Tg
Morita Michelle Fe Niar $390,000 Tg
Oharrow Stephen Dennis $250,000 Fidelity National Title Ins
Tamonte Danilo Conception $185,000 --
Hui John -- --
Hui John $324,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Wendy $315,000
Closed Lo Wendy $315,000
Previous Owner Oharrow Stephen Dennis $200,000
Previous Owner Tamonte Danilo Conception $112,000
Previous Owner Hui John $224,700
Closed Oharrow Stephen Dennis $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2019 10/31/19 Sold $450,000 -15.1% $474 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $530,000 +35.9% $558 / Sq Ft
03/26/2012 03/26/12 Sold $390,000 -4.6% $411 / Sq Ft View Prior Sale
03/26/2012 03/26/12 For Sale $409,000 -- $431 / 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 $1,547 $523,500 $77,700 $445,800
2024 $1,547 $562,100 $77,700 $484,400
2023 $1,288 $551,400 $76,600 $474,800
2022 $1,288 $468,000 $74,500 $393,500
2021 $1,221 $448,800 $74,500 $374,300
2020 $1,818 $519,400 $70,200 $449,200
2019 $1,764 $511,700 $68,100 $443,600
2018 $1,764 $503,900 $67,000 $436,900
2017 $1,731 $494,700 $63,800 $430,900
2016 $1,654 $472,700 $58,500 $414,200
2015 $1,621 $463,000 $54,900 $408,100
2014 $846 $424,700 $52,700 $372,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201905289

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-021-020-0022