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Condo sold for $450,000 in 47 days

Ala Wai Cove #702 509 University Ave #702, Honolulu, HI, 96826

Neighborhood: Kapiolani

Off the market 2 beds 1 bath 696 sqft

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Ala Wai Cove is a Secured Building located at the end of University Avenue - just across the street from Ala Wai Community Park with access to the Ala Wai Canal and all the features that the park has to offer! Paths around the Canal, a dog park, garden, sports fields, courts - including basketball, volleyball and pickleball - and canoe paddling all at your fingertips. Units in this building are rarely available and provide wonderful views of Waikiki, the Ala Wai and the ocean. This unit is a 2 bedroom, one bath which was renovated (2012 and 2016) with hardwood floors, paint, entry door and retractable screen door in the first bedroom - leading out to the lanai. The tub and shower were refinished at the same time and window air conditioner installed in the living room. The windows and lanai railings were changed in 2012. Unit comes with an assigned covered parking stall and there is community laundry with washer, dryer and deep sink across from the elevator. The building allows for 2 pets in each unit with no weight limitations. (Please verify). Close proximity to University of Hawaii, Ala Moana, Waikiki, stores, restaurants and easy freeway access. A must see unit!
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Details of Ala Wai Cove #702

696 sqft interior area
Property type
Condo
Interior area
696 sqft
Open Lanai area
93 sqft
View
City, Coastline, Sunset
Price per sqft
$646/sqft
Address
509 University Ave #702, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Cove
Year Built
1961
Sold price
$450,000
HOA dues
$851
Total Monthly fees
$1,001
Total area
789 sqft
nr.of parking places
1
Floor Number
7
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
Negotiable
Property Condition
Above Average
Remodeled Year
2012
Other Fee Includes
Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 1, Garage, Street
Unit features
Single Level
Inclusions
AC Window Unit, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Range/Oven, Refrigerator, Smoke Detector

Listed by

Lurline R Johnson, Property Profiles, Inc.
(808) 487-9500
Name
Lurline R Johnson
License number
RB-17746
Brokerage company
Property Profiles, Inc.
(808) 487-9500
MLS #
202310270

Buyer agent

Name
Mei Pang
Brokerage company
BHGRE Advantage Realty
(808) 392-9799

Payment calculator

Calculate your monthly payments
Mortgage
$1,382
Taxes
$71
HOA dues
$851
$2,304 per month
Mortgage
$90,000 / 20%
2.28%
30 years
Your amount $1,382 / month

Exterior Features

Above Ground, Concrete construction
Construction
Above Ground, Concrete

Lot details

TMK #1270130110047
Parcel nr.
1270130110047

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 #702

$777.8k
Neighborhood average
sales price*
$544.03k
Neighborhood median
sales price*
1260
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
Car Wash
Community Laundry

Other details

Security
Card, Key
Construction
Above Ground, Concrete
Owner occupancy percentage
52

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
0.047mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.222mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.222mi
School rating Distance
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.047mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.222mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.519mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.587mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.75mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.222mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.541mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.75mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.908mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.911mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.222mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.541mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.678mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.78mi
8
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 Jun 22, 2023

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
Jun 22, 2023 Sold $450,000 646.55 Public Record
Jun 22, 2023 Price Decrease $450,000 -4.26% 646.55 MLS #202310270
May 25, 2023 $470,000 675.29 MLS #202310270
May 16, 2023 New Listing $470,000 675.29 MLS #202310270
May 24, 2010 Rented $1,400 1.77 MLS #1004329
May 24, 2010 Price Decrease $1,400 -3.45% 1.77 MLS #1004329
Apr 1, 2010 New Listing $1,450 +3.57% 1.83 MLS #1004329
Jul 9, 2008 Expired $1,400 1.77 MLS #2709799
Jul 8, 2008 Price Increase $1,400 +7.69% 1.77 MLS #2709799
Jul 8, 2008 Back On Market $1,300 1.64 MLS #2709799
Jul 4, 2007 Rented $1,300 1.64 MLS #2709799
Jul 4, 2007 Price Decrease n/a -100% 0 MLS #2709799
May 17, 2007 New Listing $1,300 1.64 MLS #2709799

Taxes of 509 University Ave #702, Honolulu, HI, 96826

13 - A-3 High Density Apartment zoning / MLS #202310270
Current Property Taxes p/month
$70
Assessed Improvement value
$293,600
Assessed Land value
$89,500
Land Recorded
Land Court
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone A
Total Assessed value
$383,100

Tax History

Year Taxes Source
2022 $851 MLS #202310270
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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 #702, 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 #702

What is Ala Wai Cove #702?

509 University Ave #702, 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 7 with unit number 702. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Coastline, 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 2023.

What is the full address of this Condo?

509 University Ave #702, 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 Property Profiles, 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: Jun 23, 2023
Verhouse Last checked less than a minute ago

509 University Ave #702, 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,Coastline,Sunset views. This condo is located on floor number 7 with unit number 702. It is located in the city of Honolulu, Hawaii.
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.
Condo Sold $450k 509 University Ave #702, Honolulu, HI, 96826 2 beds / 1 baths / 696 sqft Save House Remove from Saved