NOT LISTED FOR SALE

Ala Wai Cove 509 University Ave Unit 604 Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated Value: $379,000 - $465,000

2 Beds
1 Bath
705 Sq Ft
0.64 Acres

Last Sold November 23, 2022

Last sale price $465,000 $660 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,332/month

33 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Ceramic Tile Flooring
  • 28,009 Sq Ft lot
  • Intercom
  • 2-minute walk to Ala Wai Neighborhood Park

About This Home

As of November 2022

Chance of a Lifetime! Rarely available beautifully appointed 2 bdrm 1 bath corner apt in the Ala Wai Cove. Update: NEW: Seller to offer up to $10,000 credit to buyer to buy down the interest rate! Ala Wai Cove is located at the very end of University Ave and flows into the park with plenty of parking. The Ala Wai Canal with walking paths, a dog park, canoe paddling and short walking distance to Waikiki beaches, restaurants & shops. UH campus, Iolani School & Ala Wai Elementary School all near by. Highlights include a large covered lanai with unobstructed fabulously enchanting views and breezy trade winds. Your home boasts elegant travertine flooring throughout, granite counters in kitchen, additional natural light coming from the extra windows. Mirrored closet doors, built in shelving and ample storage Ala Wai Cove is PET FRIENDLY ( 2 pets with no weight limit which is a rare find). Unit comes with an assigned covered parking stall. If 2nd parking is needed, renting a 2nd parking space from another owner is always an option. Biki Biki bicycle rental just across the street with bus stops around the corner, and very easy freeway access.

Last Agent to Sell the Property

Diane Anderson

Sundance Realty License #RB-17032 Listed on: 09/01/2022

Last Buyer's Agent

Sally Palafox

Coldwell Banker Realty License #RB-20713

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $864

Year Built

  • Built in 1961

Lot Details

  • 0.64

Property Views

  • Ocean
  • Marina
  • City
  • Diamond Head

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 705 Sq Ft Home
  • Furniture Can Be Negotiated
  • Drapes & Rods
  • Ceramic Tile Flooring
  • Intercom

Kitchen

  • Oven or Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Assigned Parking

Schools

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

Additional Features

  • Property is in very good condition
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include maintenance
  • High-Rise Condominium
  • Ala Wai Cove Condos
  • Car Wash Area

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$864

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Ala Wai Cove
  • Inclusions: Cable TV, Disposal, Drapes, Home Warranty, Intercom, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 705
  • Fill Sq Ft Total: 798
  • Stories Type: 8-14
  • Year Built: 1961
  • Attribution Contact: (808) 637-6808
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: Car Wash, Community Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Entry Floor: 6
  • Furnished: Negotiable
  • Unit Features: Corner/End

Exterior Features

  • Construction Type: Concrete
  • Flood Zone: Zone A
  • Property Condition: Above Average
  • View: City, Diamond Head, Marina/Canal, Ocean

Garage/Parking

  • Parking Features: Assigned, Covered - 1
  • Total Parking Spaces: 1

Association/Amenities

  • AssociationFee2Includes: Association, Maintenance

Schools

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

Multi Family

  • Maintenance Expense: 785.26

Tax Info

  • Tax Annual Amount: 864.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 17, 2022
Sold by
Lee Matthew Deric Wah Mung and Lee Jennifer Em
Bought by
Jennifer E Lee Revocable Living Trust and Lee
Seller's Agent
Diane Anderson
Sundance Realty
Buyer's Agent
Sally Palafox
Coldwell Banker Realty
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%
Current Estimated Value
$413,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,441
Avg. Annual Appreciation
-4.00%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Anderson Diane Margaret
Bought by
Moore Celia Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2007
Sold by
Hughes Concha Louisa
Bought by
Anderson Diane Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
6.11%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jennifer E Lee Revocable Living Trust -- Premier Title
Lee Matthew D -- Premier Title
Matthew D Lee Revocable Living Trust -- Premier Title
Lee Matthew Deric Wah Mu -- Premier Title
Moore Celia Marie $318,000 Tg
Anderson Diane Margaret $300,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Celia Marie $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2022 11/26/22 Off Market $465,000 -- --
11/23/2022 11/23/22 Sold $465,000 -2.9% $660 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $479,000 -- $679 / 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 $1,566 $443,800 $98,700 $345,100
2024 $1,566 $447,300 $98,700 $348,600
2023 $573 $403,700 $93,500 $310,200
2022 $855 $384,400 $90,000 $294,400
2021 $834 $378,200 $86,500 $291,700
2020 $860 $385,700 $86,500 $299,200
2019 $900 $377,100 $79,600 $297,500
2018 $917 $382,100 $71,000 $311,100
2017 $1,292 $369,100 $67,500 $301,600
2016 $1,249 $356,900 $60,600 $296,300
2015 $1,185 $338,700 $60,600 $278,100
2014 $1,056 $323,100 $65,300 $257,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diane Anderson

    Sundance Realty

    (808) 637-6808

    1 in this area

    9 Total Sales

    Diane Anderson
    Section Image

  • S

    Buyer's Agent in 2022

    Sally Palafox

    Coldwell Banker Realty

  • K

    Buyer Co-Listing Agent in 2022

    Kayla Ueki

    Coldwell Banker Realty

    (808) 596-0456

    2 in this area

    59 Total Sales

    Kayla Ueki
    Section Image
See All Agents

About Ala Wai Cove

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202218703

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-013-011-0041

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

509 University Ave Unit 604, Honolulu, HI

This home is located at 509 University Ave Unit 604, Honolulu, HI 96826 since 01 September 2022 and is currently estimated at $413,559, approximately $586 per square foot. This property was built in 1961. 509 University Ave Unit 604 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.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

Nearby Homes