NOT LISTED FOR SALE

625 Iolani Ave Unit C3023 Honolulu, HI 96813

Makiki Neighborhood

Estimated Value: $523,000 - $698,000

3 Beds
2 Baths
1,056 Sq Ft
$805/mo HOA Fee

Last Sold August 28, 2013

Last sale price $452,500 $429 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,195/month

81 Days on Market

Highlights

  • Ocean View
  • Community Pool
  • Resident Manager or Management On Site
  • President Theodore Roosevelt High School Rated A
  • Card or Code Access
  • 2-minute walk to Dole Community Park

About This Home

As of August 2013

Ocean View + Ultimate Convenient Location close to Downtown, freeway access, Ala Moana & Waikiki. Rare spacious 3bd 2bth unit w/expansive deck and TWO covered parking. Dining/living rm lanai & bedroom areas take advantage of Unobstructed City, Ocean & Sunset Views. Well maintained boutique bldg in excellent location. Extensive bldg. renovations completed in 2009. Guest pkg; lots of street pkg.

Last Agent to Sell the Property

Geoff Heise

Drop - 2022 License #RS-64174 Listed on: 05/09/2013

Last Buyer's Agent

Judy Kalbrener

Drop - 2024 License #RB-15932

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1962

Lot Details

  • 10,629

HOA Fees

  • $805 Monthly HOA Fees

Property Views

  • Ocean
  • City

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking

Schools

  • Royal Elementary School
  • Keelikolani Middle School
  • Roosevelt High School

Listing and Financial Details

  • Assessor Parcel Number 1-2-1-038-008-0008

Community Details

Overview

  • Association fees include common areas, hot water, sewer, water
  • Park Tower Condos
  • Punchbowl Lower Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,044

Year Built

Built in 1962

Lot Details

0

HOA Fees

$805 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Park Tower
  • Inclusions: Cable TV,Dishwasher,Disposal,Dryer,Refrigerator,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1962
  • CommunityFeatures: Barbecue, Pool
  • SecurityFeatures: Key Card Entry
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: PUNCHBOWL-LOWER
  • Entry Level: 3
  • Unit Levels: One
  • Living Area: 1056.0
  • New Construction: No
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Brick, Hollow Tile, Masonry, Concrete, Stucco
  • Property Condition: Average Condition
  • View: City, Ocean, Sunset
  • View: Yes

Garage/Parking

  • Parking Features: Assigned, Covered, Two Spaces
  • Total Parking Spaces: 2.0

Condo/Co-op/Association

  • Association Fee: 805.0

Fee Information

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

Schools

  • Elementary School: Royal
  • High School: Roosevelt
  • Middle Or Junior School: Keelikolani

Lot Info

  • Parcel Number: 1-2-1-038-008-0008

Multi Family

  • Maintenance Expense: 611.0

Tax Info

  • Tax Annual Amount: 1044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Lee Donald Guy and Lee Teresa Lynne
Bought by
Matthews Dax Kristopher and Lee Sara Elizabeth
Current Estimated Value
$597,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,200
Outstanding Balance
$415,146
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Estimated Equity
$184,116

Purchase Details

Listed on
May 9, 2013
Closed on
Aug 22, 2013
Sold by
Guzinsky Meryl Berman and Estate Of Jeffrey Barr Berman
Bought by
Lee Donald Guy and Lee Teresa Lynne
Seller's Agent
Geoff Heise
Drop - 2022
Buyer's Agent
Judy Kalbrener
Drop - 2024
List Price
$535,000
Sold Price
$452,500
Premium/Discount to List
-$82,500
-15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Leffingwell Delia V
Bought by
Berman Jeffrey and Berman Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.97%
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
Matthews Dax Kristopher -- Fhtc
Matthews Dax Kristopher -- Fhtc
Matthews Dax Kristopher -- Fhtc
Lee Donald Guy $452,500 Fidelity National Title
Lee Donald Guy $452,500 Fidelity National Title
Berman Jeffrey $300,000 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Dax Kristopher $455,200
Closed Matthews Dax Kristopher $455,200
Previous Owner Berman Jeffrey $105,000
Previous Owner Berman Jeffrey $300,000
Previous Owner Berman Jeffrey $50,000
Previous Owner Berman Jeffrey $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $452,500 -15.4% $429 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $535,000 -- $507 / 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 $1,617 $562,900 $114,100 $448,800
2024 $1,617 $582,100 $114,100 $468,000
2023 $1,453 $584,900 $114,100 $470,800
2022 $1,453 $515,200 $103,200 $412,000
2021 $1,719 $491,000 $111,300 $379,700
2020 $1,803 $515,200 $111,300 $403,900
2019 $1,847 $564,400 $97,800 $466,600
2018 $1,847 $527,800 $89,600 $438,200
2017 $1,812 $517,700 $81,500 $436,200
2016 $1,783 $509,400 $76,000 $433,400
2015 $1,679 $479,800 $73,300 $406,500
2014 $1,019 $432,400 $73,300 $359,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1305210

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-1-038-008-0008