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Condo sold for $223,000 in 91 days

Ala Wai Cove #407 509 University Ave #407, Honolulu, HI, 96826

Neighborhood: Kapiolani

Off the market 1 bath 414 sqft

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PET FRIENDLY (2 pets allowed, no size limit)! Rarely available, this freshly painted studio in the secure and convenient Ala Wai Cove offers a kitchen with new windows and sliders, stainless appliances, vinyl flooring and lanai. Storage unit and community laundry are on same floor. The low maintenance fee includes all hot water, sewer and common elements, Assessment (new windows) paid by Seller at closing. Great opportunity for investors and/or first time buyers! A must see!
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Details of Ala Wai Cove #407

414 sqft interior area
Property type
Condo
Interior area
414 sqft
Open Lanai area
85 sqft
View
City, Mountain
Price per sqft
$538/sqft
Address
509 University Ave #407, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Cove
Year Built
1961
Sold price
$223,000
HOA dues
$316
Total Monthly fees
$317
Total area
499 sqft
Floor Number
4
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

Vinyl floors
Baths
1
Floors
Vinyl
Property Condition
Above Average
Other Fee Includes
Hot Water,Other Common Expenses,Sewer,Water
Occupancy
Owner
Garage & Parking
None, Secured Entry
Unit features
Odd# Unit, Storage
Inclusions
Book Shelves, Cable TV, Disposal, Range/Oven, Refrigerator, Smoke Detector

Listed by

Robyn A Schaefer, Coldwell Banker Pacific Prop.
Name
Robyn A Schaefer
License number
RS-67930
Brokerage company
Coldwell Banker Pacific Prop.
MLS #
201511366

Buyer agent

Name
Siu Lan Lundy
Brokerage company
SLL Company
(808) 383-3149

Payment calculator

Calculate your monthly payments
Mortgage
$685
Taxes
$41
HOA dues
$317
$1,042 per month
Mortgage
$44,600 / 20%
2.28%
30 years
Your amount $685 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1270130110028
Parcel nr.
1270130110028

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 #407

$770.86k
Neighborhood average
sales price*
$550.22k
Neighborhood median
sales price*
1285
Number
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
13.5 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Ala Wai Cove building info

Ala Wai Cove
Community Laundry
Resident Manager
Storage
Trash Chute

Other details

Security
Card, Key
Style
High-Rise 7+ Stories
Construction
Concrete

Schools

15 schools with rating up to 8
School rating Distance
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
Elementary School
0.049mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.214mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.214mi
School rating Distance
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.049mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.214mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.512mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.592mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.747mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.214mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.536mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.747mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.905mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.916mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.214mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.536mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.67mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.777mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.905mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Oct 7, 2015

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
Oct 7, 2015 Sold $223,000 538.65 Public Record
Oct 7, 2015 Price Decrease $223,000 -0.89% 538.65 MLS #201511366
Sep 3, 2015 Under contract $225,000 543.48 MLS #201511366
Jul 8, 2015 New Listing $225,000 543.48 MLS #201511366

Taxes of 509 University Ave #407, Honolulu, HI, 96826

13 - A-3 High Density Apartment zoning / MLS #201511366
Current Property Taxes p/month
$40
Assessed Improvement value
$189,400
Assessed Land value
$35,300
Land Recorded
Land Court
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone A
Total Assessed value
$224,700

Agent viewpoints of 509 University Ave #407, Honolulu, HI, 96826

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Open floorplan
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Frequently Asked Questions about Ala Wai Cove #407

What is Ala Wai Cove #407?

509 University Ave #407, Honolulu, HI, 96826 in the Ala Wai Cove condominium building. This is a 1 bathroom condo in the Kapiolani neighborhood. This apartment has 414 sqft interior space. This condo is located on floor number 4 with unit number 407. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, 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 2015.

What is the full address of this Condo?

509 University Ave #407, Honolulu, HI, 96826.

Are grocery stores nearby?

The closest grocery stores are ABC, 0.42 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 Pacific Prop..
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: Oct 07, 2015
Verhouse Last checked less than a minute ago

509 University Ave #407, Honolulu, HI, 96826 in the Ala Wai Cove condominium building. This is a 1 bathroom condo in the Kapiolani neighborhood. This apartment has 414 sqft interior space with City,Mountain views. This condo is located on floor number 4 with unit number 407. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are ABC, 0.42 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.
Condo Sold $223k 509 University Ave #407, Honolulu, HI, 96826 1 baths / 414 sqft Save House Remove from Saved