SOLD 03/22/2024
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Condo sold for $330,000 in 59 days
Ala Wai Cove #805 509 University Ave #805, Honolulu, HI, 96826
Neighborhood: KapiolaniOff the market 1 bed 1 bath 551 sqft
Motivated Seller!! This is a must-see property. Experience the allure of Ala Wai Cove with this breezy 1-bedroom unit in a secure and convenient location. Nestled at the end of University Avenue, this pet-friendly apartment offers easy access to Ala Wai Community Park, UH, bus lines, Iolani high school, Biki Biki bicycle rental and freeways. The secure lobby with an intercom system ensures safety, and the assigned covered parking adds convenience. Community laundry is on the same floor. The unit comes with a large covered lanai boasting enchanting views and breezy trade winds. There is an additional storage closet in the laundry room.
There are $147/month special assessment but end on 3/31/2026(the end date will be confirmed when Condo documents are received), the seller will either pay if off or credit it to the buyer at closing.
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Details of Ala Wai Cove #805
551 sqft interior area
Property type
Condo
Interior area
551 sqft
Open Lanai area
75 sqft
View
City, Marina/Canal
Price per sqft
$598/sqft
Address
509 University Ave #805, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Cove
Year Built
1961
Sold price
$330,000
HOA dues
$780
Total Monthly fees
$781
Total area
626 sqft
nr.of parking places
1
Floor Number
8
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
1 parking places, Ceramic Tile, W/W Carpet floors
Beds
1
Baths
1
Floors
Ceramic Tile, W/W Carpet
Furnished
None
Property Condition
Average
Other Fee Includes
Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 1
Unit features
Odd# Unit
Inclusions
Ceiling Fan, Range/Oven, Refrigerator
Listed by
Vincent Lao, Five Star Realty, Inc.
(808) 382-6871
(808) 382-6871
Name
Vincent Lao
License number
RB-18181
Brokerage company
Five Star Realty, Inc.
(808) 382-6871
(808) 382-6871
MLS #
202402944
Buyer agent
Name
Eugene G Harrell Jr.
Brokerage company
Pacific Image Properties
(808) 870-1009
(808) 870-1009
Payment calculator
Calculate your monthly payments
Mortgage
$1,014
Taxes
$59
HOA dues
$781
Mortgage
$66,000 / 20%
2.28%
30 years
Your amount
$1,014 / month
Exterior Features
Concrete construction
Construction
Concrete
Lot details
TMK #1270130110058
Parcel nr.
1270130110058
Kapiolani neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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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 #805
$777.8k
Neighborhood average
sales price*
sales price*
$544.55k
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
Resident Manager
Trash Chute
Other details
Security
Key
Construction
Concrete
Owner occupancy percentage
52
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 Mar 22, 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 |
|---|---|---|---|---|
| Mar 22, 2024 | Sold | $330,000 | 598.91 | Public Record |
| Mar 22, 2024 | Price Decrease | $330,000 -1.49% | 598.91 | MLS #202402944 |
| Feb 11, 2024 | $335,000 | 607.99 | MLS #202402944 | |
| Feb 2, 2024 | New Listing | $335,000 -1.47% | 607.99 | MLS #202402944 |
| Feb 2, 2024 | Cancelled | $340,000 | 617.06 | MLS #202325346 |
| Nov 27, 2023 | Price Decrease | $340,000 -4.23% | 617.06 | MLS #202325346 |
| Nov 10, 2023 | New Listing | $355,000 | 644.28 | MLS #202325346 |
Taxes of 509 University Ave #805, Honolulu, HI, 96826
13 - A-3 High Density Apartment zoning / MLS #202402944
Current Property Taxes p/month
$59
Assessed Improvement value
$266,300
Assessed Land value
$74,100
Land Recorded
Dual Systems
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone A
Total Assessed value
$340,400
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $708 | MLS #202325346 |
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 #805, Honolulu, HI, 96826
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Frequently Asked Questions about Ala Wai Cove #805
What is Ala Wai Cove #805?
509 University Ave #805, Honolulu, HI, 96826 in the Ala Wai Cove condominium building. This is a 1 bathroom and 1 bedroom condo in the Kapiolani neighborhood. This apartment has 551 sqft interior space. This condo is located on floor number 8 with unit number 805. 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 2024.
What is the full address of this Condo?
509 University Ave #805, 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 Five Star Realty, 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 24, 2024
Verhouse Last checked 4 minutes 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.