
85-200 Ala Hema St Unit B Waianae, HI 96792
Estimated payment $1,285/month
Highlights
- Resident Manager or Management On Site
- Ceramic Tile Flooring
- Property is in excellent condition
About This Home
Turnkey Investment Opportunity! This 3 bedroom, 1.5 bath, 2 story townhome was recently renovated in 2023, bringing in current rents of $2600 a month on a lease that expires 11/30/2025. Enjoy both a large, enclosed backyard with papaya and starfruit trees and an enclosed front yard with ample storage. Home is in close proximity to shopping, public transportation, restaurants, schools and beaches. Options to extend the lease to 12/31/2055 allow this leasehold property to receive traditional financing, bringing affordable home ownership and investing into reach. Submit your offer today and get on the path of owning your piece of paradise.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $816
Year Built
- Built in 1974
Lot Details
- Property is in excellent condition
Home Design
- Wood Frame Construction
Interior Spaces
- 951 Sq Ft Home
- 2-Story Property
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 2 Parking Spaces
- Assigned Parking
Listing and Financial Details
- Assessor Parcel Number 1-8-5-027-056-0000
Community Details
Overview
- Association fees include common areas, hot water, sewer, water
- Ulu Wehi Condos
- Waianae Subdivision
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $816 | $288,600 | $210,100 | $78,500 |
2024 | $816 | $233,100 | $159,100 | $74,000 |
2023 | $747 | $213,300 | $159,100 | $54,200 |
2022 | $687 | $196,300 | $138,100 | $58,200 |
2021 | $670 | $191,500 | $126,100 | $65,400 |
2020 | $613 | $175,200 | $102,000 | $73,200 |
2019 | $534 | $152,600 | $96,000 | $56,600 |
2018 | $538 | $153,700 | $96,000 | $57,700 |
2017 | $400 | $114,300 | $51,000 | $63,300 |
2016 | $399 | $113,900 | $45,000 | $68,900 |
2015 | $402 | $114,900 | $45,000 | $69,900 |
2014 | -- | $102,100 | $30,000 | $72,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/15/2025 03/15/25 | For Sale | $225,000 | +125.0% | $237 / Sq Ft |
10/09/2022 10/09/22 | Off Market | $100,000 | -- | -- |
10/07/2022 10/07/22 | Sold | $100,000 | -20.0% | $105 / Sq Ft |
08/01/2022 08/01/22 | Pending | -- | -- | -- |
06/06/2022 06/06/22 | Price Changed | $125,000 | -24.2% | $131 / Sq Ft |
04/21/2022 04/21/22 | Price Changed | $165,000 | -21.4% | $174 / Sq Ft |
04/04/2022 04/04/22 | For Sale | $210,000 | -- | $221 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $45,000 | New Conventional |
Similar Homes in Waianae, HI
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202506965

APN: 1-8-5-027-056-0000
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