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Condo sold for $840,000 in 80 days

Ala Wai Plaza #2401 500 University Ave #2401, Honolulu, HI, 96826

Neighborhood: Kapiolani

Off the market 3 beds 2 baths 1,427 sqft

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"DESIGNER SHOWCASE" You'll love the gorgeous ocean, Ala Wai Canal and Waikiki skyline views from this elegantly remodeled condominium! Designed and renovated by a noted local interior designer for his own residence, this end unit situated right below the Penthouse has a cozy and gracious feel to it. The custom designed kitchen by Kraft Kitchens features lacquered transitional style cabinets faced with raised-panel and glass front doors. French limestone flooring custom installed in a "Cinna" pattern unifies the apartment by its use not only in the kitchen, but also in the entrance, dining room and out to the lanai. Special care was taken to include sophisticated lighting effects and an abundance of display niches, mirrors and cabinets. Double-pane windows and sliding glass lanai doors on the ocean facing side of the condo have been tinted for the afternoon sun. This two-story condo also features three large bedrooms upstairs with the preferred floor plan having two bedrooms facing the ocean. Superb amenities, 24 hour security, professional staff, a very reasonable maintenance fee, a great location and TWO COVERED PARKING STALLS make this pet friendly condo a great value!
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Details of Ala Wai Plaza #2401

1,427 sqft interior area
Property type
Condo
Interior area
1,427 sqft
Open Lanai area
105 sqft
View
City, Marina/Canal, Ocean, Sunset
Price per sqft
$588/sqft
Address
500 University Ave #2401, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Plaza
Year Built
1970
Sold price
$840,000
HOA dues
$903
Total Monthly fees
$903
Total area
1,532 sqft
nr.of parking places
2
Floor Number
24
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

2 parking places, Laminate, Marble/Granite floors
Beds
3
Baths
2
Floors
Laminate, Marble/Granite
Property Condition
Excellent
Other Fee Includes
Cable TV,Hot Water,Internet Service,Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 2, Garage, Street
Unit features
Corner/End, Split Level, Storage
Inclusions
AC Window Unit, Book Shelves, Cable TV, Chandelier, Dishwasher, Disposal, Drapes, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Listed by

Jeffrey M Fox, Corcoran Pacific Properties
(808) 589-2040
Name
Jeffrey M Fox
License number
RB-17230
Brokerage company
Corcoran Pacific Properties
(808) 589-2040
MLS #
202309587

Buyer agent

Name
Brett K Aka
Brokerage company
BHGRE Advantage Realty
(808) 753-3923

Payment calculator

Calculate your monthly payments
Mortgage
$2,579
Taxes
$183
HOA dues
$903
$3,665 per month
Mortgage
$168,000 / 20%
2.28%
30 years
Your amount $2,579 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1270130020325
Parcel nr.
1270130020325

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 Plaza #2401

$772.56k
Neighborhood average
sales price*
$550.54k
Neighborhood median
sales price*
1299
Number
of sales*
$690.39k
Median sale price Ala Wai Plaza*

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 Plaza building info

Ala Wai Plaza
BBQ
Condo Association Pool
Exercise Room
Patio/Deck
Recreation Room
Resident Manager
Also features:
security guard, storage, trash chute

Other details

Security
Key, Keyed Elevator, Security Patrol, Video
Construction
Concrete
Owner occupancy percentage
59

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
0.111mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.263mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.263mi
School rating Distance
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.111mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.263mi
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.507mi
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.531mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.697mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.263mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.504mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.697mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.853mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.855mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.263mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.504mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.689mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.731mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.855mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jul 12, 2023

Ala Wai Plaza Median sales price 2024

Bedrooms Med. price % of listings
1 bed $430k 20%
2 beds $630k 60%
3 beds $760k 20%
Date Event Price $/sqft Source
Jul 12, 2023 Sold $840,000 588.65 Public Record
Jul 12, 2023 Price Increase $840,000 +5.26% 588.65 MLS #202309587
May 8, 2023 $798,000 559.22 MLS #202309587
May 1, 2023 New Listing $798,000 +35.25% 559.22 MLS #202309587
Feb 11, 2005 Sold $590,000 411.15 Public Record
Feb 11, 2005 Price Decrease $590,000 -5.6% 411.15 MLS #2415470
Feb 7, 2005 Pending $625,000 435.54 MLS #2415470
Jan 11, 2005 Under contract $625,000 435.54 MLS #2415470
Sep 29, 2004 New Listing $625,000 435.54 MLS #2415470

Taxes of 500 University Ave #2401, Honolulu, HI, 96826

13 - A-3 High Density Apartment zoning / MLS #202309587
Current Property Taxes p/month
$183
Assessed Improvement value
$603,800
Assessed Land value
$114,500
Land Recorded
Land Court
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone A
Total Assessed value
$718,300

Tax History

Year Taxes Source
2023 $2,196 MLS #202309587
2004 $1,368 MLS #2415470
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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 500 University Ave #2401, 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 Plaza #2401

What is Ala Wai Plaza #2401?

500 University Ave #2401, Honolulu, HI, 96826 in the Ala Wai Plaza condominium building. This is a 2 bathrooms and 3 bedroom condo in the Kapiolani neighborhood. This apartment has 1,427 sqft interior space. This condo is located on floor number 24 with unit number 2401. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Marina/Canal, Ocean, Sunset views.

Which year was this condo built?

This condo was build in 1970.

Which year was this property last sold?

This property was sold in 2023.

What is the full address of this Condo?

500 University Ave #2401, Honolulu, HI, 96826.

Are grocery stores nearby?

The closest grocery stores are ABC, 0.4 miles away and Down To Earth, 0.46 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 Corcoran Pacific Properties.
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: Jul 12, 2023
Verhouse Last checked 3 minutes ago

500 University Ave #2401, Honolulu, HI, 96826 in the Ala Wai Plaza condominium building. This is a 2 bathrooms and 3 bedroom condo in the Kapiolani neighborhood. This apartment has 1,427 sqft interior space with City,Marina/Canal,Ocean,Sunset views. This condo is located on floor number 24 with unit number 2401. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are ABC, 0.4 miles away and Down To Earth, 0.46 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 $840k 500 University Ave #2401, Honolulu, HI, 96826 3 beds / 2 baths / 1,427 sqft Save House Remove from Saved