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Condo sold for $250,000 in 34 days

Discovery Bay #1016 1778 Ala Moana Blvd #1016, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 1 bed 1 bath 852 sqft

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Extra high, 9' 4" ceilings! Remodeled, peaceful unit. New carpeting w/matching appliances, Corian counters, washer & dryer. Bonus office area w/enclosed lanai & sliding doors: great for remote workers.. Also, this unit has a 2' x 2' x 5 1/2' lockable storage closet Discovery Bay is known for it’s resort amenities including: large swimming pool, BBQ area, exercise room, sauna, recreation area & whirlpool. Secure building w/resident manager, security guard & secured lobby & elevator. Wonderful on the edge of Waikiki, conveniently close to Ala Moana Shopping Center, beaches, restaurants, Kaka'ako, the Convention Center & so much more! This unit is awesome for a first home buyer, long-term rental or investment property. Fully furnished & turnkey without the linens. AOAO is in the process of purchasing 62+% of the Beneficial Interest in the trust that owns the land under Discovery Bay. This means ownership of approximately 62% of the lease rents paid to the trust are returned to the AOAO. In 2021 that was over $2 million, In the first six months of 2022 $995,353. was paid to the AOAO. (figures are from Discovery Bay website: Beneficial Interest financials at Hawaiiana Management)
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Details of Discovery Bay #1016

852 sqft interior area
Property type
Condo
Interior area
852 sqft
View
City
Price per sqft
$293/sqft
Address
1778 Ala Moana Blvd #1016, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
Discovery Bay
Year Built
1977
Sold price
$250,000
HOA dues
$895
Total Monthly fees
$895
Total area
852 sqft
nr.of parking places
1
Floor Number
10
Frontage
Other
Land tenure
LH - Leasehold
Lease renegotiation date
2029-12-31
Lease expiration
2039-12-31
Monthly lease payment
$449
Neighborhood
Waikiki
District
Honolulu
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Open Houses

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Interior Features

1 parking places, Ceramic Tile, W/W Carpet floors
Beds
1
Baths
1
Floors
Ceramic Tile, W/W Carpet
Furnished
Full
Property Condition
Above Average
Other Fee Includes
AC Central,Cable TV,Gas,Hot Water,Sewer,Water
Garage & Parking
Assigned, Covered - 1, Street
Unit features
Bedroom on 1st Level, Central AC, Corner/End, Even# Unit, Full Bath on 1st Floor, Single Level
Inclusions
AC Central, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Microwave, Range/Oven, Refrigerator, Washer

Listed by

Michelle Wood, Hawaii Life
(800) 370-3848
Name
Michelle Wood
License number
RS-69537
Brokerage company
Hawaii Life
(800) 370-3848
MLS #
202216724

Buyer agent

Name
Ayumi Yamane
Brokerage company
Locations LLC
(808) 735-4200

Payment calculator

Calculate your monthly payments
Mortgage
$768
Taxes
$134
HOA dues
$1,345
$2,247 per month
Mortgage
$50,000 / 20%
2.28%
30 years
Your amount $768 / month

Exterior Features

Above Ground, Concrete construction
Construction
Above Ground, Concrete

Lot details

TMK #1260120100352
Parcel nr.
1260120100352

Waikiki 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 Waikiki

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

64% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for Discovery Bay #1016

$745.83k
Neighborhood average
sales price*
$526.98k
Neighborhood median
sales price*
1230
Number
of sales*
$345k
Median sale price Discovery Bay*

Housing type

61% 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

52% are renters
More info
15.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Discovery Bay building info

Discovery Bay
BBQ
Exercise Room
Heated Pool
Sauna
Security Guard
Recreation Area
Also features:
patio/deck, resident manager, trash chute, whirlpool

Other details

Security
Key, Keyed Elevator, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Above Ground, Concrete
Owner occupancy percentage
40

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.597mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.779mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.921mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.597mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.71mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.921mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
1.069mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
1.119mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.779mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.921mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
1.069mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
1.119mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.141mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.921mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.141mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
1.146mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.157mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
1.184mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Nov 4, 2022

Discovery Bay Median sales price 2024

Bedrooms Med. price % of listings
1 bed $336.5k 100%
Date Event Price $/sqft Source
Nov 4, 2022 Sold $250,000 293.43 Public Record
Oct 12, 2022 Pending $250,000 293.43 MLS #202216724
Oct 7, 2022 New Listing $250,000 +31.58% 293.43 MLS #202216724
Aug 20, 2003 Sold $190,000 223 Public Record
Aug 20, 2003 Price Decrease $190,000 -2.56% 223 MLS #2304368
Aug 5, 2003 Pending $195,000 228.87 MLS #2304368
Jun 15, 2003 Price Decrease $195,000 -7.14% 228.87 MLS #2304368
Apr 4, 2003 New Listing $210,000 246.48 MLS #2304368

Taxes of 1778 Ala Moana Blvd #1016, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202216724
Current Property Taxes p/month
$134
Assessed Improvement value
$485,300
Assessed Land value
$14,000
Land Recorded
Regular System
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Lease renegotiation date
2029-12-31
Lease expiration
2039-12-31
Monthly lease payment
$449
Total Assessed value
$499,300

Tax History

Year Taxes Source
2022 $1,609 MLS #202216724
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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 1778 Ala Moana Blvd #1016, Honolulu, HI, 96815

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Frequently Asked Questions about Discovery Bay #1016

What is Discovery Bay #1016?

1778 Ala Moana Blvd #1016, Honolulu, HI, 96815 in the Discovery Bay condominium building. This is a 1 bathroom and 1 bedroom condo in the Waikiki neighborhood. This apartment has 852 sqft interior space. This condo is located on floor number 10 with unit number 1016. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City views.

Which year was this condo built?

This condo was build in 1977.

Which year was this property last sold?

This property was sold in 2022.

What is the full address of this Condo?

1778 Ala Moana Blvd #1016, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.18 miles away and ABC, 0.31 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.91 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Hawaii Life.
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: Nov 04, 2022
Verhouse Last checked 4 minutes ago

1778 Ala Moana Blvd #1016, Honolulu, HI, 96815 in the Discovery Bay condominium building. This is a 1 bathroom and 1 bedroom condo in the Waikiki neighborhood. This apartment has 852 sqft interior space with City views. This condo is located on floor number 10 with unit number 1016. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.18 miles away and ABC, 0.31 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.91 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $250k 1778 Ala Moana Blvd #1016, Honolulu, HI, 96815 1 bed / 1 baths / 852 sqft Save House Remove from Saved