NOT LISTED FOR SALE

Summer Villa 737 Olokele Ave Unit 903 Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $324,000 - $407,000

1 Bed
1 Bath
531 Sq Ft
$221/mo HOA Fee

Last Sold September 12, 2024

Last sale price $396,000 $746 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,322/month

37 Days on Market

Highlights

  • Private Pool
  • 22,738 Sq Ft lot
  • Patio
  • Golf Course View
  • Meeting Room
  • Resident Manager or Management On Site

About This Home

As of September 2024

Move Right In! Prime location just outside of Waikiki, off Date St. and across from the Ala Wai Golf Course, looking out over Waikiki with beautiful Diamond Head views from the lanai. Check out the vibrant sunsets and beautiful night sky! The walls & ceiling were freshly painted. New stove, microwave, disposal, mirrored medicine cabinet, shower head & a reglazed tub. Enjoy the remodeled kitchen, countertops, cabinets, faucets, bath vanity, window A/C & vinyl flooring. Washer & Dryer in the unit! Pool & meeting room. Kapahulu is full of yummy restaurants! Safeway is a few blocks away. Secured building & gated garage stall #C5. Maintenance fee includes electricity, water, sewer and has 100% Hurricane & Flood Insurance coverage! The additional Association Fee of $221 is a contribution to the AOAO Reserves Fund for future expenses. The $30 other fee is for the A/C. The new board is proactively planning, and will be replacing their sewer pipes & will be asking owners to vote on obtaining a $3 million dollar loan to accomplish this task & their insurance premiums were renewed just a few months ago. Pet Friendly, allowing a dog under 25 pounds or cats. VA approved!

Last Agent to Sell the Property

Kim Soaries

Hawaii Life License #RS-56900 Listed on: 08/05/2024

Co-Listed By

Mariliz Reilly

Hawaii Life License #RS-32672

Last Buyer's Agent

Charlene Tongg

Keller Williams Honolulu License #RS-65559

Keller Williams Honolulu

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1979 | Remodeled in 2018

Lot Details

  • Fenced
  • Property is in excellent condition

HOA Fees

  • $221 Monthly HOA Fees

Property Views

  • Golf Course
  • City
  • Mountain
  • Diamond Head

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 531 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Range Hood
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Automatic Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Assigned Parking
  • Secure Parking

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include common expenses
  • High-Rise Condominium
  • Summer Villa Condos

Amenities

  • Trash Chute
  • Meeting Room

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,428

Year Built

Built in 1979 | Remodeled in 2018

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Summer Villa
  • Inclusions: AC Window Unit, Auto Garage Door Opener, Cable TV, Disposal, Dryer, Microwave Hood, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 531
  • Fill Sq Ft Total: 627
  • Stories Type: 8-14
  • Year Built: 1979
  • Year Renovated: 2018
  • Attribution Contact: (800) 370-3848
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Trash Chute, Wall/Fence
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Entry Floor: 9
  • Furnished: Partial
  • Unit Features: Single Level

Exterior Features

  • Construction Type: Concrete
  • Flood Zone: Zone AE
  • Property Condition: Excellent, Above Average
  • View: City, Diamond Head, Golf Course, Mountain, Sunset

Garage/Parking

  • Parking Features: Assigned, Garage, Guest, Open - 1, Secured Entry, Street
  • Total Parking Spaces: 1

Condo/Co-op/Association

  • Association Fee: 221
  • Association #2 Fee: 30

Association/Amenities

  • AssociationFee2Includes: Other Common Expenses

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: 566.84

Tax Info

  • Tax Annual Amount: 1428.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 9, 2024
Sold by
Streamside Llc
Bought by
Pressley Brittany Danielle
Seller's Agent
Kim Soaries
Hawaii Life
Buyer's Agent
Charlene Tongg
Keller Williams Honolulu
List Price
$389,000
Sold Price
$396,000
Premium/Discount to List
$7,000
1.8%
Views
4
Current Estimated Value
$373,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,214
Avg. Annual Appreciation
-5.03%
Original Mortgage
$404,514
Outstanding Balance
$400,928
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
-$25,830

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bakar Baruch
Bought by
Streamside Llc

Purchase Details

Closed on
Dec 7, 2005
Sold by
Krumm Kenneth J
Bought by
Bakar Baruch

Purchase Details

Closed on
Jun 7, 2004
Sold by
Chong Violet A
Bought by
Krumm Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 1997
Sold by
Chong William Ah Wai and Chong Violet Au
Bought by
Chong William A W and Chong Violet A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pressley Brittany Danielle $396 Tg
Pressley Brittany Danielle $396 Tg
Streamside Llc $348,500 Tg
Streamside Llc $348,500 Tg
Bakar Baruch $280,000 Tg
Krumm Kenneth J $200,000 --
Chong William A W -- --
Chong William Ah Wai -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pressley Brittany Danielle $404,514
Closed Pressley Brittany Danielle $404,514
Previous Owner Krumm Kenneth J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $396,000 +1.8% $746 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $389,000 0.0% $733 / Sq Ft
05/14/2018 05/14/18 Rented $1,650 -2.9% --
05/14/2018 05/14/18 For Rent $1,700 +13.3% --
11/03/2014 11/03/14 Rented $1,500 0.0% --
11/03/2014 11/03/14 For Rent $1,500 -- --
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 $1,425 $410,400 $57,300 $353,100
2024 $1,425 $407,100 $57,300 $349,800
2023 $1,328 $379,500 $54,300 $325,200
2022 $1,306 $373,100 $53,200 $319,900
2021 $1,282 $366,300 $49,100 $317,200
2020 $1,357 $387,700 $49,100 $338,600
2019 $1,198 $372,300 $45,000 $327,300
2018 $1,198 $342,300 $49,600 $292,700
2017 $1,145 $327,200 $45,800 $281,400
2016 $1,111 $317,500 $40,700 $276,800
2015 $1,120 $320,100 $36,900 $283,200
2014 $963 $308,600 $34,300 $274,300
Source: Public Records

Agents Affiliated with this Home

  • Kim Soaries

    Seller's Agent in 2024

    Kim Soaries

    Hawaii Life

    (808) 396-2000

    6 in this area

    32 Total Sales

    Kim Soaries
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mariliz Reilly

    Hawaii Life

    (808) 396-2000

    9 in this area

    38 Total Sales

    Mariliz Reilly
    Section Image

  • C

    Buyer's Agent in 2024

    Charlene Tongg

    Keller Williams Honolulu

    (808) 596-2888

    7 in this area

    485 Total Sales

    Charlene Tongg
    Section Image

  • M

    Seller's Agent in 2018

    Maya Schinder

    Drop - 2018

  • J

    Seller's Agent in 2014

    Jeremy Hunter

    Drop - 2020

See All Agents

About Summer Villa

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202416499

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-079-0038

Hawaii Honolulu County Honolulu 96816 Diamond Head-Kapahula-Saint Louis

737 Olokele Ave Unit 903, Honolulu, HI

This home is located at 737 Olokele Ave Unit 903, Honolulu, HI 96816 since 05 August 2024 and is currently estimated at $373,786, approximately $703 per square foot. This property was built in 1979. 737 Olokele Ave Unit 903 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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