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Condo sold for $540,000 in 110 days

Ala Wai Plaza #736 500 University Ave #736, Honolulu, HI, 96826

Neighborhood: Kapiolani

Off the market 2 beds 2 full + 1 half baths 1,225 sqft

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LOCATION LOCATION LOCATION! The enclosed lanai provides added living space. Enjoy the breathtaking DIAMOND HEAD view! Walking distance to park, near UH & Iolani School. Very breezy. Tenants hardly turn on AC, so very low electricity bill. Furniture could be included in the sale.
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Details of Ala Wai Plaza #736

1,225 sqft interior area
Property type
Condo
Interior area
1,225 sqft
View
City, Diamond Head
Price per sqft
$440/sqft
Address
500 University Ave #736, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Condo building
Ala Wai Plaza
Year Built
1970
Sold price
$540,000
HOA dues
$679
Total Monthly fees
$846
Total area
1,225 sqft
nr.of parking places
2
Floor Number
7
Land tenure
FS - Fee Simple
Neighborhood
Kapiolani
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

2 parking places, Ceramic Tile, Laminate floors
Beds
2
Baths
2 full + 1 half
Floors
Ceramic Tile, Laminate
Property Condition
Above Average, Average
Garage & Parking
Assigned, Covered - 1
Unit features
Single Level
Inclusions
AC Window Unit

Listed by

Jianu Chen, Hawaii 5-0 Properties, Inc.
(808) 971-7711
Name
Jianu Chen
License number
RS-78711
Brokerage company
Hawaii 5-0 Properties, Inc.
(808) 971-7711
MLS #
202300083

Buyer agent

Name
Sofi Virabyan
Brokerage company
RE/MAX Honolulu
(808) 687-8900

Payment calculator

Calculate your monthly payments
Mortgage
$1,658
Taxes
$176
HOA dues
$680
$2,514 per month
Mortgage
$108,000 / 20%
2.28%
30 years
Your amount $1,658 / month

Exterior Features

Above Ground, Concrete construction
Construction
Above Ground, Concrete

Lot details

TMK #1270130020129
Parcel nr.
1270130020129

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 #736

$782.9k
Neighborhood average
sales price*
$547.19k
Neighborhood median
sales price*
1261
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

Other details

Construction
Above Ground, Concrete
Owner occupancy percentage
61

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 Apr 3, 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
Apr 3, 2023 Sold $540,000 440.82 Public Record
Apr 3, 2023 Price Decrease $540,000 -9.85% 440.82 MLS #202300083
Jan 18, 2023 $599,000 488.98 MLS #202300083
Dec 30, 2022 New Listing $599,000 +0.17% 488.98 MLS #202300083
Jan 1, 2021 Expired $598,000 488.16 MLS #201933245
Nov 26, 2019 New Listing $598,000 +9.72% 488.16 MLS #201933245
May 28, 2014 Sold $545,000 444.9 Public Record
Apr 30, 2014 Under contract $545,000 444.9 MLS #201406564
Apr 22, 2014 New Listing $545,000 444.9 MLS #201406564

Taxes of 500 University Ave #736, Honolulu, HI, 96826

13 - A-3 High Density Apartment zoning / MLS #202300083
Current Property Taxes p/month
$175
Assessed Improvement value
$515,400
Assessed Land value
$88,000
Land Recorded
Land Court
Zoning
13 - A-3 High Density Apartment
Flood Zone
Zone A
Total Assessed value
$603,400

Tax History

Year Taxes Source
2023 $2,112 MLS #202300083
2018 $1,716 MLS #201933245
2014 $1,284 MLS #201406564
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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 #736, 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 #736

What is Ala Wai Plaza #736?

500 University Ave #736, Honolulu, HI, 96826 in the Ala Wai Plaza condominium building. This is a 2 full bathrooms + & 1 half bathroom and 2 bedroom condo in the Kapiolani neighborhood. This apartment has 1,225 sqft interior space. This condo is located on floor number 7 with unit number 736. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Diamond Head 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 #736, 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 Hawaii 5-0 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: Apr 03, 2023
Verhouse Last checked 2 minutes ago

500 University Ave #736, Honolulu, HI, 96826 in the Ala Wai Plaza condominium building. This is a 2 full bathrooms + & 1 half bathroom and 2 bedroom condo in the Kapiolani neighborhood. This apartment has 1,225 sqft interior space with City,Diamond Head views. This condo is located on floor number 7 with unit number 736. 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 $540k 500 University Ave #736, Honolulu, HI, 96826 2 beds / 2 full + 1 half baths / 1,225 sqft Save House Remove from Saved