NOT LISTED FOR SALE

Ala Wai Plaza 500 University Ave Unit 323 Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated Value: $604,862 - $766,000

2 Beds
2.5 Baths
1,120 Sq Ft
$537/mo HOA Fee

Last Sold January 09, 2015

Last sale price $550,000 $491 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,473/month

82 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Views
  • 6,981,983 Sq Ft lot
  • Meeting Room
  • 1-minute walk to Ala Wai Neighborhood Park

About This Home

As of January 2015

This gorgeous 2 bedroom, 2 and a half bath split level condo is truly unique. Fully remodeled in 2014, you will enjoy the granite counter tops in kitchen and baths, fresh paint throughout, fabulous folding window shutters, laminate flooring in the main living area, porcelain tile floors in kitchen and baths and the peek-a-boo Diamond Head view on a tree lined street leading to the park! Centrally located and close to Waikiki, walk to local schools, parks, shopping and other amenities. Building amenities include pool, BBQ area, security guard, secured entry and it's PET FRIENDLY! Welcome Home!

Last Agent to Sell the Property

Catherine Pierce

Ruby Realty LLC License #RB-22535 Listed on: 09/19/2014

Last Buyer's Agent

Bruce Yanagihara

Locations LLC License #RB-07869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1970

Lot Details

  • Property is in excellent condition

HOA Fees

  • $537 Monthly HOA Fees

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Closed Circuit Camera
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • Open Parking
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Exclusions: Drapes
  • Assessor Parcel Number 1-2-7-013-002-0042

Community Details

Overview

  • Association fees include common areas, sewer, water
  • Ala Wai Plaza Condos
  • Kapiolani Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Meeting Room

Recreation

  • Fitness Center
  • 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

$1,590

Year Built

Built in 1970

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Architectural Style: High Rise, Multi-Level
  • Building Name: Ala Wai Plaza
  • Inclusions: AC Window Unit,Cable TV,Ceiling Fan,Chandelier,Dishwasher,Disposal,Drapes,Dryer,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1970
  • CommunityFeatures: Barbecue, Conference/Meeting Room, Fitness, Pool, Recreation Area, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: KAPIOLANI
  • Entry Level: 3
  • Unit Levels: Two
  • Living Area: 1120.0
  • New Construction: No
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Other
  • Furnished: Partially
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent, Updated/Remodeled
  • View: Mountain(s), Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exclusions: Drapes

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: 537.0

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-7-013-002-0042
  • Zoning Description: 13 - A-3 High Density Apartment

Multi Family

  • Maintenance Expense: 537.0

Tax Info

  • Tax Annual Amount: 1590.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Jan 5, 2015
Sold by
Bedwell Alan John and Burns Fumiko
Bought by
Isobe Alanna S and The Alanna S Isobe Revocable L
Seller's Agent
Catherine Pierce
Ruby Realty LLC
Buyer's Agent
Bruce Yanagihara
Locations LLC
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Current Estimated Value
$692,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,487
Avg. Annual Appreciation
2.35%
Original Mortgage
$501,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Guenter Randolf and Guenter Maria Spiessberger
Bought by
Bedwell Alan John and Burns Fumiko

Purchase Details

Closed on
Mar 7, 2007
Sold by
Suh Edward Sangbok and Suh Jin
Bought by
Guenter Randolf and Guenter Maria Spiessberger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2005
Sold by
Kim Kohji Hi and Kim Kyong Hui
Bought by
Suh Edward Sangbok and Suh Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,600
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
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
Isobe Alanna S $550,000 Fam
Isobe Alanna S $550,000 Fam
Bedwell Alan John -- Or
Bedwell Alan John -- Or
Guenter Randolf $459,000 Fntic
Suh Edward Sangbok $428,266 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livin Alanna S Isobe Revocable $50,000
Open Livin Alanna S Isobe Revocable $445,000
Closed Isobe Alanna S $445,000
Closed Isobe Alanna S $501,750
Previous Owner Guenter Randolf $309,000
Previous Owner Suh Edward Sangbok $342,600
Closed Suh Edward Sangbok $64,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $550,000 -2.7% $491 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $565,000 -- $504 / 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 $1,742 $636,000 $96,400 $539,600
2024 $1,742 $617,600 $96,400 $521,200
2023 $1,413 $603,600 $91,300 $512,300
2022 $1,662 $574,900 $88,000 $486,900
2021 $1,445 $512,800 $84,600 $428,200
2020 $1,455 $515,700 $84,600 $431,100
2019 $1,640 $548,600 $77,800 $470,800
2018 $1,655 $552,900 $69,300 $483,600
2017 $1,671 $557,500 $66,000 $491,500
2016 $1,952 $557,600 $59,200 $498,400
2015 $1,685 $481,300 $59,200 $422,100
2014 $1,244 $454,200 $67,000 $387,200
Source: Public Records

Agents Affiliated with this Home

  • Catherine Pierce

    Seller's Agent in 2015

    Catherine Pierce

    Ruby Realty LLC

    (808) 352-0231

    24 Total Sales

    Section Image

  • B

    Buyer's Agent in 2015

    Bruce Yanagihara

    Locations LLC

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About Ala Wai Plaza

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201418427

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-013-002-0042

Hawaii Honolulu County Honolulu 96826 McCully-Mō'ili'ili

500 University Ave Unit 323, Honolulu, HI

This home is located at 500 University Ave Unit 323, Honolulu, HI 96826 since 19 September 2014 and is currently estimated at $665,966, approximately $594 per square foot. This property was built in 1970. 500 University Ave Unit 323 is a home located in Honolulu County with nearby schools including Ala Wai Elementary School, President George Washington Middle School, and Kaimuki 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.

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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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