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Condo sold for $370,000 in 70 days

Ala Wai Cove #502 509 University Ave #502, Honolulu, HI, 96826

Neighborhood: Kapiolani

Off the market 2 beds 1 bath 696 sqft

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Lowest priced unit in the building ! Pet friendly building, 2 pets allowed, no weight limit. Dog park nearby. Great location, so convenient to everything. Excellent property for investor or first time buyer ! Sold "as is". Please submit prequal letter and "as is " addendum with your offer. Seller would like to use Roxanne Olayan at TG for escrow.
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Details of Ala Wai Cove #502

696 sqft interior area
Property type
Condo
Interior area
696 sqft
Open Lanai area
93 sqft
View
Diamond Head, Marina/Canal, Sunset
Price per sqft
$531/sqft
Address
509 University Ave #502, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Cove
Year Built
1961
Sold price
$370,000
HOA dues
$743
Total Monthly fees
$744
Total area
789 sqft
nr.of parking places
1
Floor Number
5
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Vinyl, W/W Carpet floors
Beds
2
Baths
1
Floors
Vinyl, W/W Carpet
Property Condition
Average
Other Fee Includes
Hot Water,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Open - 1
Unit features
Even# Unit, Single Level
Inclusions
Blinds, Disposal, Microwave, Range/Oven, Refrigerator, Smoke Detector

Listed by

Rosanne F Uyehara, Sunny Isles Properties, Inc
Name
Rosanne F Uyehara
License number
RB-16939
Brokerage company
Sunny Isles Properties, Inc
MLS #
201714597

Buyer agent

Name
Christina Dong
Brokerage company
Five Star Realty, Inc.
(808) 382-6871

Payment calculator

Calculate your monthly payments
Mortgage
$1,136
Taxes
$103
HOA dues
$744
$1,983 per month
Mortgage
$74,000 / 20%
2.28%
30 years
Your amount $1,136 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1270130110031
Parcel nr.
1270130110031

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 #502

$770.86k
Neighborhood average
sales price*
$549.69k
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

Other details

Security
Card, Key
Style
High-Rise 7+ Stories
Construction
Concrete
Owner occupancy percentage
53

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 Sep 13, 2017

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
Sep 13, 2017 Sold $370,000 531.61 Public Record
Sep 13, 2017 Price Decrease $370,000 -7.27% 531.61 MLS #201714597
Aug 9, 2017 Pending $399,000 573.28 MLS #201714597
Jul 4, 2017 New Listing $399,000 573.28 MLS #201714597

Taxes of 509 University Ave #502, Honolulu, HI, 96826

03 - R10 - Residential District zoning / MLS #201714597
Current Property Taxes p/month
$103
Assessed Improvement value
$298,300
Assessed Land value
$67,100
Land Recorded
Land Court
Zoning
03 - R10 - Residential District
Flood Zone
Zone A
Total Assessed value
$365,400

Tax History

Year Taxes Source
2016 $1,236 MLS #201714597
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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 #502, Honolulu, HI, 96826

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Ala Wai Cove #502

What is Ala Wai Cove #502?

509 University Ave #502, 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 696 sqft interior space. This condo is located on floor number 5 with unit number 502. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has Diamond Head, Marina/Canal, Sunset 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 2017.

What is the full address of this Condo?

509 University Ave #502, 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 Sunny Isles Properties, Inc.
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: Sep 13, 2017
Verhouse Last checked 5 minutes ago

509 University Ave #502, 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 696 sqft interior space with Diamond Head,Marina/Canal,Sunset views. This condo is located on floor number 5 with unit number 502. 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 $370k 509 University Ave #502, Honolulu, HI, 96826 2 beds / 1 baths / 696 sqft Save House Remove from Saved