$499,000
UNDER CONTRACT $26K PRICE DROP

Estimated payment $2,945/month

Total Views 14,035
1 Bed
1 Bath
792 Sq Ft
$630 Price per Sq Ft

Highlights

  • Fitness Center
  • Community Pool
  • Building Patio
  • Sauna
  • Tennis Courts
  • Views

About This Home

Great opportunity for investors + downsizers. Welcome to Royal Iolani, a well-maintained 1 bedroom and 1 bathroom pet-friendly condominium in the heart of town. Enjoy the island lifestyle, centrally located next to Iolani school with it's own back entrance, famous Waikiki Beach, Ala Moana shopping center, Ala Wai golf course + University of Hawaii Manoa. Capture the beautiful sunrise with a cup of coffee + relax on your spacious + private lanai. Did I mention it comes with automatic hurricane shutters too?

All utilities include central A/C, electricity, hot water, sewer, cable, internet, covered in maintenance fee. Great amenities include E/V charging stations, pool, whirlpool, sauna, exercise room, recreation area, tennis courts, BBQ area, dog park, car wash area, 24/ 7 security + lots of guest parking.

Royal Iolani is a great place to live and has 100% Hurricane insurance. The additional monthly special assessment of $113 is for the completed plumbing pipe replacement project. Check it out this gem it won’t last long!

Listing Agent

Kelley Zukeran-Sakaino

Engel & Völkers Honolulu Brokerage Phone: (808) 487-3855 License #RS-79355 Listed on: 03/18/2025

Engel & Völkers Honolulu

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1978

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Closed Circuit Camera
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-020-009-0157

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, HVAC, hot water, internet, sewer, water
  • Royal Iolani Condos
  • Kapiolani Subdivision

Amenities

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

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • 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
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,078

Year Built

Built in 1978

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Royal Iolani
  • Inclusions: AC Central,Auto Garage Door Opener,Blinds,Cable TV,Disposal,Drapes,Dryer,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1978
  • Attribution Contact: (808) 487-3855
  • CommunityFeatures: Barbecue, Community Pool, Deck/Porch, Dog Park, Fitness, Other, Playground, Patio, Recreation Area, Sauna, Tennis Court(s), Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Fire Sprinkler System, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Active Under Contract
  • Subdivision Name: KAPIOLANI
  • Entry Level: 5
  • Unit Levels: One
  • Living Area: 792.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: 4224

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Spa Features: Community
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: Mountain(s), Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association #2 Fee: 113.0

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, HVAC, Hot Water, Internet, Sewer, Water

Lot Info

  • Parcel Number: 1-2-7-020-009-0157
  • Zoning Description: 13 - A-3 High Density Apartment

Multi Family

  • Maintenance Expense: 1329.94
  • Total Actual Rent: 3050.0

Tax Info

  • Tax Annual Amount: 2077.56

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,951 $593,600 $61,600 $532,000
2024 $1,951 $557,500 $61,600 $495,900
2023 $1,045 $524,200 $58,300 $465,900
2022 $1,045 $438,600 $56,200 $382,400
2021 $1,050 $440,100 $54,000 $386,100
2020 $1,183 $477,900 $54,000 $423,900
2019 $1,223 $469,500 $49,700 $419,800
2018 $1,344 $504,000 $44,300 $459,700
2017 $1,373 $512,300 $42,100 $470,200
2016 $1,281 $486,000 $37,800 $448,200
2015 $1,260 $479,900 $37,800 $442,100
2014 $1,566 $469,000 $42,600 $426,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $499,000 -1.2% $630 / Sq Ft
06/11/2025 06/11/25 Price Changed $505,000 -3.8% $638 / Sq Ft
03/18/2025 03/18/25 For Sale $525,000 0.0% $663 / Sq Ft
02/14/2024 02/14/24 Rented $3,050 0.0% --
02/05/2024 02/05/24 For Rent $3,050 0.0% --
05/30/2013 05/30/13 Sold $225,000 -13.5% $284 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $260,000 -- $328 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Tge
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Or
Warranty Deed -- Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 No Value Available
Previous Owner $192,000 Purchase Money Mortgage
Previous Owner $280,000 Fannie Mae Freddie Mac
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202506722

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-020-009-0157