NOT LISTED FOR SALE

Estimated Value: $970,000 - $1,077,000

3 Beds
2 Baths
1,661 Sq Ft
$1,317/mo HOA Fee

Last Sold June 07, 2013

Last sale price $710,000 $427 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,195/month

18 Days on Market

Highlights

  • Ocean View
  • End Unit
  • Building Patio
  • 29,490 Sq Ft lot
  • Community Pool
  • Security Guard

About This Home

As of June 2013

One of a kind opportunity to own a 2200Sqft SW corner PH unit in the heart of Waikiki, rarely available in the Palm Inc. Spacious floor plan with ocean, sunset and city views. Large wrap around lanai with plantation style shutters for privacy, 3 separate entrances to the unit. Ready for someone to put their own personal touch on this unique unit in a secure and centrally located condo! 'AS IS'

Last Agent to Sell the Property

Naomi Corpening

Drop - 2025 License #RB-20871 Listed on: 04/20/2013

Last Buyer's Agent

Lisa Glenn

L Glenn Inc License #RB-21398

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1968

Lot Details

  • 0.68

HOA Fees

  • $1,317 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Golf Course
  • City

Interior Spaces

  • 1,661 Sq Ft Home
  • 1-Story Property
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Schools

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

Additional Features

  • Handicap Accessible
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-021-020-0137

Community Details

Overview

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

Amenities

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

Recreation

  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,596

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,317 per month

Listing Details

  • Architectural Style: High Rise, Penthouse
  • Building Name: Palms Inc
  • Inclusions: Blinds,Book Shelves,Cable TV,Ceiling Fan,Disposal,Drapes,None,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1968
  • CommunityFeatures: Barbecue, Deck/Porch, Other, Patio, Pool, Recreation Area, Trash Chute
  • Road Frontage Type: Other
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 17
  • Interior Features: Handicap Access
  • Unit Levels: One
  • Living Area: 1661.0
  • New Construction: No
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Flooring: Other
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Repairs Major
  • View: Coastline, City, Golf Course, Ocean, Sunset
  • View: Yes
  • Disclosures: Seller Disclosure
  • Common Walls: End Unit

Garage/Parking

  • Parking Features: Assigned, Covered, One Space, On Street
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association Fee: 1317.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, Hot Water, None, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-6-021-020-0137

Multi Family

  • Maintenance Expense: 1317.0

Tax Info

  • Tax Annual Amount: 1596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2013
Closed on
Jun 4, 2013
Sold by
Schaier Carol
Bought by
Huang David
Seller's Agent
Naomi Corpening
Drop - 2025
Buyer's Agent
Lisa Glenn
L Glenn Inc
List Price
$788,000
Sold Price
$710,000
Premium/Discount to List
-$78,000
-9.9%
Current Estimated Value
$1,006,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,954
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Aug 19, 2008
Sold by
Schaier Franz and Schaier Carol
Bought by
Schaier Franz and Franz Schaier Trust

Purchase Details

Closed on
Feb 5, 2008
Sold by
First Hawaiian Bank
Bought by
Schaier Franz and Schaier Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 18, 2001
Sold by
Sigal Benjamin Castle and Sigal Freda
Bought by
First Hawaiian Bank and Freda W Reeser Revocable 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
Huang David -- Fam
Huang David -- Fam
Schaier Franz -- None Available
Schaier Franz $715,000 Tg
First Hawaiian Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang David $595,000
Previous Owner Schaier Franz $515,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $710,000 -9.9% $427 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/20/2013 04/20/13 For Sale $788,000 -- $474 / 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 $4,709 $1,136,200 $166,400 $969,800
2024 $4,709 $1,062,200 $166,400 $895,800
2023 $3,499 $999,800 $164,100 $835,700
2022 $3,137 $896,300 $159,500 $736,800
2021 $2,620 $748,700 $159,500 $589,200
2020 $3,069 $876,900 $150,400 $726,500
2019 $3,095 $884,300 $145,900 $738,400
2018 $3,025 $864,300 $143,600 $720,700
2017 $2,738 $782,400 $136,700 $645,700
2016 $2,643 $755,000 $125,400 $629,600
2015 $2,636 $753,200 $117,600 $635,600
2014 $1,984 $719,800 $112,900 $606,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1304439

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-021-020-0137