SOLD 01/29/2024
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Condo sold for $400,000 in 207 days
Ala Wai Cove #401 509 University Ave #401, Honolulu, HI, 96826
Neighborhood: KapiolaniOff the market 2 beds 1 bath 705 sqft
PRICE ADJUSTED $30,000!!!
Breezy 2 bedroom corner unit is rarely available in secure and convenient Ala Wai Cove. Next to Ala Wai Park recreation area, schools, and Ala Wai pathway. Walking distance to shops, restaurants, and busline. Close to UH, and freeway entrance.
Enjoy the gorgeous sunset colors and relax on your lanai. View the city skyline and twinkling city lights, Friday night fireworks and even a glimpse of the Ala Wai canal from the large useable lanai.
A corner unit gives lots of natural light and cool cross breezes. Resident laundry and personal storage on the same floor as the unit
Secure lobby with intercom system for meeting guests. 1 assigned parking. Easy to see. Call today!
Maintenance fee is currently $856. per month. Additional fee of $185 is an monthly assessment until 3/31/26 for completed lanai replacement project.
SELLER WIIL PAY ASSESSMENT IN FULL FOR OPEN ESCROW PRIOR TO 12/31/23
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Details of Ala Wai Cove #401
705 sqft interior area
Property type
Condo
Interior area
705 sqft
Open Lanai area
93 sqft
View
City, Diamond Head, Marina/Canal, Mountain
Price per sqft
$567/sqft
Address
509 University Ave #401, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Cove
Year Built
1961
Sold price
$400,000
HOA dues
$856
Total Monthly fees
$1,041
Total area
798 sqft
nr.of parking places
1
Floor Number
4
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
1 parking places, Ceramic Tile, Hardwood floors
Beds
2
Baths
1
Floors
Ceramic Tile, Hardwood
Furnished
Partial
Property Condition
Above Average
Occupancy
Vacant
Garage & Parking
Open - 1
Unit features
Corner/End, Single Level, Storage
Inclusions
Range/Oven, Refrigerator
Listed by
Jane Cleland, Coldwell Banker Realty
(808) 738-3904
(808) 738-3904
Name
Jane Cleland
License number
RB-14284
Brokerage company
Coldwell Banker Realty
(808) 738-3904
(808) 738-3904
MLS #
202321429
Buyer agent
Name
Myron N Kiriu
Brokerage company
BHGRE Advantage Realty
(808) 738-3600
(808) 738-3600
Payment calculator
Calculate your monthly payments
Mortgage
$1,229
Taxes
$122
HOA dues
$856
Mortgage
$80,000 / 20%
2.28%
30 years
Your amount
$1,229 / month
Exterior Features
Concrete construction
Construction
Concrete
Lot details
TMK #1270130110022
Parcel nr.
1270130110022
Kapiolani neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Kapiolani
30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income
Age & gender
Median age 44 years
More info
Commute types
65% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for Ala Wai Cove #401
$777.8k
Neighborhood average
sales price*
sales price*
$543.81k
Neighborhood median
sales price*
sales price*
1260
Number
of sales*
of sales*
$330k
Median sale price Ala Wai Cove*
Housing type
60% are apartments
More info
Rooms
38% of the houses have 2 or 3 rooms
More info
Bedrooms
45% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are renters
More info
43 condos sold in this Kapiolani neighborhood over the last 6 months. View all sold Kapiolani condos
13.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Ala Wai Cove building info
Ala Wai Cove
Car Wash
Community Laundry
Meeting Room
Resident Manager
Storage
Trash Chute
Other details
Security
Card, Key
Construction
Concrete
Owner occupancy percentage
55
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
Elementary School |
0.047mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School |
0.222mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School |
0.222mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.047mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.222mi | |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.519mi |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.587mi |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.75mi | |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.222mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.541mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.75mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.908mi |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.911mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.222mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.541mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.678mi |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.78mi | |
| out of 10 |
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.908mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Jan 29, 2024
Ala Wai Cove Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 1 bed | $315k | 66.67% |
| 2 beds | $400k | 33.33% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 29, 2024 | Sold | $400,000 | 567.38 | Public Record |
| Jan 29, 2024 | Price Decrease | $400,000 -5.88% | 567.38 | MLS #202321429 |
| Dec 18, 2023 | $425,000 | 602.84 | MLS #202321429 | |
| Nov 2, 2023 | Price Decrease | $425,000 -6.59% | 602.84 | MLS #202321429 |
| Sep 27, 2023 | New Listing | $455,000 +22.64% | 645.39 | MLS #202321429 |
| Jun 29, 2017 | Sold | $371,000 | 526.24 | Public Record |
| Jun 29, 2017 | Price Increase | $371,000 +0.3% | 526.24 | MLS #201629044 |
| Jun 28, 2017 | Pending | $369,900 | 524.68 | MLS #201629044 |
| May 10, 2017 | Under contract | $369,900 | 524.68 | MLS #201629044 |
| May 3, 2017 | Price Decrease | $369,900 -2.4% | 524.68 | MLS #201629044 |
| May 3, 2017 | Back On Market | $379,000 | 537.59 | MLS #201629044 |
| Mar 22, 2017 | Under contract | $379,000 | 537.59 | MLS #201629044 |
| Mar 16, 2017 | Price Decrease | $379,000 -2.57% | 537.59 | MLS #201629044 |
| Dec 29, 2016 | Price Decrease | $389,000 -2.51% | 551.77 | MLS #201629044 |
| Dec 7, 2016 | New Listing | $399,000 +17.7% | 565.96 | MLS #201629044 |
| Jun 23, 2006 | Withdrawn | $339,000 | 480.85 | MLS #2517675 |
| Apr 12, 2006 | Price Decrease | $339,000 -3.14% | 480.85 | MLS #2517675 |
| Apr 11, 2006 | Back On Market | $350,000 | 496.45 | MLS #2517675 |
| Mar 29, 2006 | Under contract | $350,000 | 496.45 | MLS #2517675 |
| Oct 17, 2005 | New Listing | $350,000 | 496.45 | MLS #2517675 |
Taxes of 509 University Ave #401, Honolulu, HI, 96826
13 - A-3 High Density Apartment zoning / MLS #202321429
Current Property Taxes p/month
$122
Assessed Improvement value
$322,900
Assessed Land value
$93,500
Land Recorded
Land Court
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone AO
Total Assessed value
$416,400
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $1,464 | MLS #202321429 |
| 2016 | $960 | MLS #201629044 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
Agent viewpoints of 509 University Ave #401, Honolulu, HI, 96826
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Frequently Asked Questions about Ala Wai Cove #401
What is Ala Wai Cove #401?
509 University Ave #401, Honolulu, HI, 96826 in the Ala Wai Cove condominium building. This is a 1 bathroom and 2 bedroom condo in the Kapiolani neighborhood. This apartment has 705 sqft interior space. This condo is located on floor number 4 with unit number 401. It is located in the city of Honolulu, Hawaii.
Does this condo have views?
This condo has City, Diamond Head, Marina/Canal, Mountain views.
Which year was this condo built?
This condo was build in 1961.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Condo?
509 University Ave #401, Honolulu, HI, 96826.
Are grocery stores nearby?
The closest grocery stores are ABC, 0.41 miles away and Dukes Lane Market & Eatery, 0.43 miles away.
What is the neighborhood like?
The Kapiolani neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.98 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Jan 29, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are ABC, 0.41 miles away and Dukes Lane Market & Eatery, 0.43 miles away.
The Kapiolani neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.98 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.