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Condo sold for $340,000 in 112 days

Ala Wai Cove #503 509 University Ave #503, Honolulu, HI, 96826

Neighborhood: Kapiolani

Off the market 2 beds 1 bath 696 sqft

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Prime location @ makai end of University Ave. across from Ala Wai Elementary. 2-Bedrm./1-Bath unit w/ new stove, drapes, & freshly painted interior. Views of city, park, Waikiki, & canal. Community laundry area on each floor & storage locker. Call LO to see.
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Details of Ala Wai Cove #503

696 sqft interior area
Property type
Condo
Interior area
696 sqft
Open Lanai area
93 sqft
View
City, Marina/Canal
Price per sqft
$488/sqft
Address
509 University Ave #503, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Cove
Year Built
1961
Sold price
$340,000
HOA dues
$524
Total Monthly fees
$524
Total area
789 sqft
nr.of parking places
1
Floor Number
5
Frontage
Other
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
Furnished
Partial
Property Condition
Above Average
Remodeled Year
2013
Other Fee Includes
Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Open - 1
Unit features
Single Level, Storage
Inclusions
Cable TV, Dishwasher, Disposal, Drapes, Range/Oven, Refrigerator, Smoke Detector

Listed by

Ray-Stan Tanaka, Island Estates, Inc.
Name
Ray-Stan Tanaka
License number
RB-10065
Brokerage company
Island Estates, Inc.
MLS #
201335702

Buyer agent

Name
Keiko Kakiyama
Brokerage company
CENTURY 21 Hawaiian Style
(808) 955-6551

Payment calculator

Calculate your monthly payments
Mortgage
$1,044
Taxes
$83
HOA dues
$524
$1,651 per month
Mortgage
$68,000 / 20%
2.28%
30 years
Your amount $1,044 / month

Exterior Features

Double Wall, Hollow Tile construction
Construction
Double Wall, Hollow Tile

Lot details

TMK #1270130110032
Parcel nr.
1270130110032

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 #503

$770.86k
Neighborhood average
sales price*
$548.49k
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
Key, Video
Style
High-Rise 7+ Stories
Construction
Double Wall, Hollow Tile
Owner occupancy percentage
49

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 Mar 10, 2014

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
Mar 10, 2014 Sold $340,000 488.51 Public Record
Mar 10, 2014 Price Decrease $340,000 -4.23% 488.51 MLS #201335702
Jan 16, 2014 Under contract $355,000 510.06 MLS #201335702
Jan 6, 2014 Price Decrease $355,000 -5.33% 510.06 MLS #201335702
Nov 19, 2013 New Listing $375,000 538.79 MLS #201335702
Jan 3, 2011 Rented $1,450 2.08 MLS #1014929
Nov 23, 2010 New Listing $1,450 +7.41% 2.08 MLS #1014929
Apr 6, 2010 Rented $1,350 1.71 MLS #1000574
Jan 14, 2010 New Listing $1,350 1.71 MLS #1000574

Taxes of 509 University Ave #503, Honolulu, HI, 96826

13 - A-3 High Density Apartment zoning / MLS #201335702
Current Property Taxes p/month
$82
Assessed Improvement value
$221,700
Assessed Land value
$62,800
Land Recorded
Dual Systems
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone A
Total Assessed value
$284,500

Tax History

Year Taxes Source
2013 $996 MLS #201335702
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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 #503, 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 #503

What is Ala Wai Cove #503?

509 University Ave #503, 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 503. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Marina/Canal 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 2014.

What is the full address of this Condo?

509 University Ave #503, 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 Island Estates, 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: Mar 10, 2014
Verhouse Last checked 3 minutes ago

509 University Ave #503, 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 City,Marina/Canal views. This condo is located on floor number 5 with unit number 503. 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 $340k 509 University Ave #503, Honolulu, HI, 96826 2 beds / 1 baths / 696 sqft Save House Remove from Saved