NOT LISTED FOR SALE

Summer Villa 737 Olokele Ave Unit 904 Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $274,000 - $409,000

1 Bed
1 Bath
530 Sq Ft
0.52 Acres

Last Sold March 06, 2023

Last sale price $435,000 $821 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,039/month

62 Days on Market

Highlights

  • Private Pool
  • 22,738 Sq Ft lot
  • 1-Story Property
  • City View
  • Resident Manager or Management On Site
  • Outdoor Grill

About This Home

As of March 2023

BRAND NEW! FULLY REMODELED 1 Bedroom 1 Bath with an office den, a large lanai plus a covered parking stall in Summer Villa. Featuring custom kitchen cabinets with quartz countertops, brand new stainless-steel appliances including a dishwasher. Stylish lighting fixtures and vinyl flooring throughout. Brand new bathroom with beautiful lighting, fixtures, and vanity. New window AC in bedroom. In-unit washer dryer for your convenience! Enjoy the city views from your lanai, living room and kitchen. This building is pet friendly; there is a pool and BBQ on site and the maintenance fee includes electricity! Secured garage and building entrance with a resident manager on site. Conveniently located in Kapahulu, you will be close to Kahala and Waikiki with walking distance to grocery stores, restaurants, banks, Ala Wai Golf Course and much more. Vacant and easy to see!

Last Agent to Sell the Property

Carmen Zhou

Five Star Realty, Inc. License #RS-81455 Listed on: 01/03/2023

Last Buyer's Agent

Tahiti Reed

REMAX Hawaii License #RS-73568

REMAX Hawaii

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1979 | Remodeled in 2023

Lot Details

  • Fenced
  • Property is in excellent condition

Property Views

  • City
  • Mountain

Interior Spaces

  • 530 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Outdoor Grill

Utilities

  • Window Unit Cooling System

Community Details

Overview

  • High-Rise Condominium
  • Summer Villa Condos

Amenities

  • Trash Chute
  • Recreation Room

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,308

Year Built

Built in 1979 | Remodeled in 2023

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Summer Villa
  • Inclusions: AC Window Unit, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Washer
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 530
  • Fill Sq Ft Total: 664
  • Stories Type: 15-20
  • Year Built: 1979
  • Year Renovated: 2023
  • Attribution Contact: (808) 382-6871
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Construction Type: Concrete
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: City, Mountain

Garage/Parking

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

Multi Family

  • Maintenance Expense: 637.24

Tax Info

  • Tax Annual Amount: 1308.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Mar 2, 2023
Sold by
Mauna Hele Llc
Bought by
Vanho Donald
Seller's Agent
Carmen Zhou
Five Star Realty, Inc.
Buyer's Agent
Tahiti Reed
REMAX Hawaii
List Price
$458,000
Sold Price
$435,000
Premium/Discount to List
-$23,000
-5.02%
Current Estimated Value
$361,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,825
Avg. Annual Appreciation
-7.14%
Original Mortgage
$413,250
Outstanding Balance
$400,786
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
-$39,611

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 29, 2022
Sold by
Nagano Pai and Nagano Hanako
Bought by
Mauna Hele Llc
Seller's Agent
Solana Grover
SC Realty, LLC
Buyer's Agent
Carmen Zhou
Five Star Realty, Inc.
List Price
$345,000
Sold Price
$307,000
Premium/Discount to List
-$38,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
303.09%

Purchase Details

Closed on
Mar 5, 2004
Sold by
Wong Kwong Lui and Wong Xiao Zhang
Bought by
Pai Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 1998
Sold by
Wong Kwong Lui
Bought by
Wong Kwong Lui and Wong Xiao Zhang
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
Vanho Donald $435,000 Tge
Mauna Hele Llc -- Fidelity National Title
Pai Jimmy $174,000 --
Wong Kwong Lui -- Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanho Donald $413,250
Previous Owner Pai Jimmy $135,000
Previous Owner Pai Jimmy $139,200
Closed Pai Jimmy $9,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2023 03/11/23 Off Market $435,000 -- --
03/06/2023 03/06/23 Sold $435,000 -2.2% $821 / Sq Ft
01/18/2023 01/18/23 Price Changed $445,000 -2.8% $840 / Sq Ft
01/03/2023 01/03/23 For Sale $458,000 +49.2% $864 / Sq Ft
12/06/2022 12/06/22 Off Market $307,000 -- --
12/05/2022 12/05/22 Sold $307,000 +2.7% $589 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $299,000 -13.3% $574 / Sq Ft
10/15/2022 10/15/22 For Sale $345,000 -- $662 / 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 $1,048 $434,800 $57,200 $377,600
2024 $1,048 $419,500 $57,200 $362,300
2023 $1,337 $382,100 $54,200 $327,900
2022 $658 $375,900 $53,100 $322,800
2021 $1,288 $367,900 $49,000 $318,900
2020 $1,356 $387,400 $49,000 $338,400
2019 $1,305 $372,800 $45,000 $327,800
2018 $1,200 $342,800 $49,500 $293,300
2017 $1,147 $327,700 $45,700 $282,000
2016 $1,113 $318,000 $40,600 $277,400
2015 $1,126 $321,700 $36,800 $284,900
2014 $688 $310,200 $34,300 $275,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carmen Zhou

    Five Star Realty, Inc.

    (808) 382-6871

    2 in this area

    34 Total Sales

    Carmen Zhou
    Section Image
  • Tahiti Reed

    Buyer's Agent in 2023

    Tahiti Reed

    REMAX Hawaii

    (808) 217-7753

    3 in this area

    62 Total Sales

    Tahiti Reed
    Section Image
  • Solana Grover

    Seller's Agent in 2022

    Solana Grover

    SC Realty, LLC

    (808) 358-0502

    5 in this area

    45 Total Sales

    Solana Grover
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Scott Connelly

    Drop - 2024

    Section Image
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About Summer Villa

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202300074

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-079-0039

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

737 Olokele Ave Unit 904, Honolulu, HI

This home is located at 737 Olokele Ave Unit 904, Honolulu, HI 96816 since 03 January 2023 and is currently estimated at $361,175, approximately $681 per square foot. This property was built in 1979. 737 Olokele Ave Unit 904 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

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