Summer Villa 737 Olokele Ave Unit 602 Honolulu, HI 96816
Diamond Head-Kapahula-Saint Louis Neighborhood
1
Bed
1
Bath
537
Sq Ft
$522/mo
HOA Fee
Highlights
- 22,738 Sq Ft lot
- Community Pool
- Building Patio
- End Unit
- Meeting Room
- Views
About This Home
As of December 2024Price Reduction! Extra windows bring cool cross breezes into this bright corner unit. Enjoy beautifully maintained spacious room and lanai with peaceful mountain views. This unit features an open kitchen, durable Wilsonart laminate flooring, and washer/dryer in the unit. Conveniently located near grocery/pharmacies and restaurants on Kapahulu, Ala Wai Golf Course, UH, Waikiki Beach and Kapiolani Park. The building features secured entry and secured pkg, additional guest pkg, resident manager and pool. Electricity is included in the reasonable maintenance fee. PET FRIENDLY!!
Last Agent to Sell the Property
Kazumi Landis
Drop - 2020 License #RS-81452 Listed on: 07/10/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,344
Year Built
- Built in 1979
Lot Details
- End Unit
HOA Fees
- $522 Monthly HOA Fees
Interior Spaces
- 537 Sq Ft Home
- 1-Story Property
- Closed Circuit Camera
- Property Views
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- 1 Parking Space
- Covered Parking
- Guest Parking
- Assigned Parking
Schools
- Ala Wai Elementary School
- Washington Middle School
- Kaimuki High School
Listing and Financial Details
- Assessor Parcel Number 1-2-7-035-079-0016
Community Details
Overview
- Association fees include common areas, electricity, hot water, ground maintenance, maintenance structure, sewer, water
- Summer Villa Condos
- Kapahulu Subdivision
Amenities
- Building Patio
- Community Deck or Porch
- Trash Chute
- Meeting Room
Recreation
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
Security
- Resident Manager or Management On Site
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2024
Closed on
Nov 22, 2024
Sold by
Gmk Investment Company Limited Partnersh
Bought by
Stubblefield Diana Higgins and Williams Jason Leslie
Seller's Agent
Michelle Brown Johnson
Hawaii Living LLC
Buyer's Agent
Brian Karamoto
Horita Realty LLC
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Purchase Details
Listed on
Jul 10, 2020
Closed on
Sep 18, 2020
Sold by
Jin Janet
Bought by
Gmk Investment Company Limited Partnersh
Seller's Agent
Kazumi Landis
Drop - 2020
Buyer's Agent
Michelle Brown Johnson
Hawaii Living LLC
List Price
$415,000
Sold Price
$392,000
Premium/Discount to List
-$23,000
-5.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.07%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 22, 2005
Sold by
Jin Janet and Ng Edgar Wai Bun
Bought by
Jin Janet
Purchase Details
Closed on
Apr 13, 2004
Sold by
Coogan Christopher M and Coogan Denise L
Bought by
Ng Edgar Wai Bun and Bond Janet Jin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.57%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 10, 2002
Sold by
Siu Joseph and Siu Rosalind
Bought by
Coogan Christopher M and Coogan Denise L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.78%
Similar Homes in Honolulu, HI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fam | |
| Deed | $392,000 | Fam | |
| Deed | $392,000 | Fam | |
| Quit Claim Deed | $1,000 | -- | |
| Deed | $206,000 | -- | |
| Deed | $127,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $84,000 | Unknown | |
| Previous Owner | $119,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | For Sale | $315,000 | 0.0% | $587 / Sq Ft |
| 12/05/2024 12/05/24 | Sold | $315,000 | -6.0% | $587 / Sq Ft |
| 10/16/2024 10/16/24 | For Sale | $335,000 | -14.5% | $624 / Sq Ft |
| 09/25/2020 09/25/20 | Sold | $392,000 | -5.5% | $730 / Sq Ft |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- |
| 07/10/2020 07/10/20 | For Sale | $415,000 | -- | $773 / Sq Ft |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
Tax History Compared to Growth
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 | $1,474 | $416,000 | $58,000 | $358,000 |
| 2024 | $1,474 | $421,100 | $58,000 | $363,100 |
| 2023 | $1,405 | $401,300 | $54,900 | $346,400 |
| 2022 | $1,312 | $374,900 | $53,800 | $321,100 |
| 2021 | $1,280 | $365,600 | $49,700 | $315,900 |
| 2020 | $1,347 | $384,800 | $49,700 | $335,100 |
| 2019 | $1,196 | $371,600 | $45,600 | $326,000 |
| 2018 | $1,196 | $341,700 | $50,200 | $291,500 |
| 2017 | $1,143 | $326,600 | $46,300 | $280,300 |
| 2016 | $1,109 | $316,900 | $41,200 | $275,700 |
| 2015 | $1,122 | $320,700 | $37,300 | $283,400 |
| 2014 | $964 | $309,400 | $34,700 | $274,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mariliz Reilly
M
Seller's Agent in 2025
Mariliz Reilly
Hawaii Life
(808) 396-2000
8 in this area
36 Total Sales
-
Kim Soaries
Seller Co-Listing Agent in 2025
Kim Soaries
Hawaii Life
(808) 396-2000
5 in this area
34 Total Sales
-
Michelle Brown Johnson
M
Seller's Agent in 2024
Michelle Brown Johnson
Hawaii Living LLC
(808) 943-9000
2 in this area
57 Total Sales
-
B
Buyer's Agent in 2024
Brian Karamoto
Horita Realty LLC
-
K
Seller's Agent in 2020
Kazumi Landis
Drop - 2020
About Summer Villa
Map
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202015817
APN: 1-2-7-035-079-0016
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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
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