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Condo sold for $90,000 in 189 days

Executive Centre #506 1088 Bishop St #506, Honolulu, HI, 96813

Neighborhood: Downtown

Off the market 3 beds 1 bath 858 sqft

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FULLY furnished, upgraded THREE Bedroom unit. Mixed-use building allows one to work and/or live in their units. Tastefully remodeled with granite counters and ceramic tile flooring. Central AC and washer/dryer inside unit and one assigned parking stall included. 24/7 security, a spacious pool/hot tub, and lobby. Close to restaurants, shopping, Chinatown, and Financial District. Property tax may be lowered by applying for change with the city if owner-occupied or long-term rental. Tenant currently paying $2500/mo but process of moving out. Fee is $242,943 and can close anytime before February 5th, 2022 and unit can close 30 days or less if cash. Capital Reserves of $225/mo will be paid by Seller for two years with full price offer.
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Details of Executive Centre #506

858 sqft interior area
Property type
Condo
Interior area
858 sqft
View
City
Price per sqft
$104/sqft
Address
1088 Bishop St #506, Honolulu, HI, 96813
City of Hawaii
Honolulu
Island
Oahu
Condo building
Executive Centre
Year Built
1988
Sold price
$90,000
HOA dues
$1,401
Total Monthly fees
$1,401
Total area
858 sqft
nr.of parking places
1
Floor Number
5
Land tenure
LH - Leasehold
Lease renegotiation date
2023-01-31
Lease expiration
2053-12-31
Monthly lease payment
$486
Neighborhood
Downtown
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Ceramic Tile floors
Beds
3
Baths
1
Floors
Ceramic Tile
Furnished
Full
Property Condition
Above Average
Remodeled Year
2017
Other Fee Includes
AC Central,Cable TV,Hot Water,Internet Service,Sewer,Water
Occupancy
Tenant
Garage & Parking
Assigned, Covered - 1, Guest
Unit features
Bedroom on 1st Level, Central AC, Even# Unit, Single Level
Inclusions
AC Central, Auto Garage Door Opener, Blinds, Cable TV, Disposal, Dryer, Kitchenware, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
Exclusions
Other

Listed by

Dennis Muth, Coldwell Banker Realty
Name
Dennis Muth
License number
RB-20649
Brokerage company
Coldwell Banker Realty
MLS #
202123932

Buyer agent

Name
NON MLS
Brokerage company
Non-MLS

Payment calculator

Calculate your monthly payments
Mortgage
$277
Taxes
$330
HOA dues
$1,887
$2,494 per month
Mortgage
$18,000 / 20%
2.28%
30 years
Your amount $277 / month

Exterior Features

Steel Frame construction
Construction
Steel Frame

Lot details

TMK #1210120040049
Parcel nr.
1210120040049

Downtown 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 Downtown

31%
Families with children
National average: 39%
30%
Non family households
416,417
Population
$128,695
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

25% 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 Executive Centre #506

$747.08k
Neighborhood average
sales price*
$523.22k
Neighborhood median
sales price*
1026
Number
of sales*
$297k
Median sale price Executive Centre*

Housing type

60% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

47% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
18.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Executive Centre building info

Executive Centre
Pool on Property
Recreation Room
Security Guard
Resident Manager
Restaurant
Patio/Deck
Also features:
meeting room, whirlpool

Other details

Security
Card, Key, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Steel Frame
Owner occupancy percentage
30
Community Association
Executive Centre

Schools

15 schools with rating up to 8
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
Elementary School
0.281mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
Middle School
0.281mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
High School
0.281mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.281mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.361mi
NR
Kawaiaha'o Church School
872 Mission Lane, Honolulu, HI 96813
0.458mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.628mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.696mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.281mi
4
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.318mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.361mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.628mi
6
out of 10
Voyager - A Public Charter School
547 Halekauwila St, Honolulu, HI 96813
0.743mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.281mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.361mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.628mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.719mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
1.017mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jan 3, 2022

Executive Centre Median sales price 2024

Bedrooms Med. price % of listings
1 bed $265k 83.33%
2 beds $297k 16.67%
Date Event Price $/sqft Source
Jan 3, 2022 Sold $90,000 104.9 Public Record
Jan 3, 2022 Price Decrease $90,000 -73.76% 104.9 MLS #202123932
Dec 14, 2021 Under contract $343,000 399.77 MLS #202123932
Nov 5, 2021 Price Increase $343,000 +246.46% 399.77 MLS #202123932
Oct 19, 2021 For sale $99,000 115.38 MLS #202123932
Oct 8, 2021 Under contract $99,000 115.38 MLS #202123932
Sep 22, 2021 Price Decrease $99,000 -40.72% 115.38 MLS #202123932
Sep 15, 2021 New Listing $167,000 -15.66% 194.64 MLS #202123932
Jan 11, 2021 Withdrawn $198,000 230.5 MLS #202031897
Dec 31, 2020 Price Decrease $198,000 -15.74% 230.5 MLS #202031897
Dec 10, 2020 New Listing $235,000 +18.09% 273.57 MLS #202031897
Nov 19, 2016 Expired $199,000 115.83 MLS #201617797
Oct 24, 2016 Pending $199,000 115.83 MLS #201617797
Sep 16, 2016 Price Decrease $199,000 -9.13% 115.83 MLS #201617797
Jul 18, 2016 Price Decrease $219,000 -15.44% 127.47 MLS #201617797
May 18, 2016 New Listing $259,000 +40% 150.76 MLS #201617797
Nov 29, 2016 Sold $185,000 215.37 Public Record
Nov 29, 2016 Price Decrease $185,000 -7.04% 215.37 MLS #201611992
Nov 19, 2016 Expired $199,000 231.66 MLS #201611992
Oct 24, 2016 Pending $199,000 231.66 MLS #201611992
Sep 16, 2016 Price Decrease $199,000 -9.13% 231.66 MLS #201611992
Jul 8, 2016 Price Decrease $219,000 -15.44% 254.95 MLS #201611992
Jun 27, 2016 Price Decrease $259,000 -5.82% 301.51 MLS #201611992
Jun 10, 2016 Price Decrease $275,000 -6.78% 320.14 MLS #201611992
May 18, 2016 New Listing $295,000 +64.8% 343.42 MLS #201611992
May 4, 2005 Sold $179,000 208.38 Public Record
Mar 1, 2005 Pending $179,000 208.38 MLS #2501630
Feb 2, 2005 New Listing $179,000 +49.17% 208.38 MLS #2501630
Aug 18, 2004 Sold $120,000 139.7 Public Record
Aug 18, 2004 Price Decrease $120,000 -7.62% 139.7 MLS #2409658
Jul 21, 2004 Pending $129,900 151.22 MLS #2409658
Jun 28, 2004 New Listing $129,900 -0.08% 151.22 MLS #2409658
Jun 23, 2004 Expired $130,000 151.34 MLS #2308088
Jun 26, 2003 New Listing $130,000 151.34 MLS #2308088

Taxes of 1088 Bishop St #506, Honolulu, HI, 96813

34 - BMX-4 Central Business Mix zoning / MLS #202123932
Current Property Taxes p/month
$330
Assessed Improvement value
$361,400
Assessed Land value
$58,600
Land Recorded
Dual Systems
Zoning
34 - BMX-4 Central Business Mix
Flood Zone
Zone X
Lease renegotiation date
2023-01-31
Lease expiration
2053-12-31
Monthly lease payment
$486
Total Assessed value
$420,000

Tax History

Year Taxes Source
2021 $3,960 MLS #202123932
2020 $4,609 MLS #202031897
2016 $4,812 MLS #201611992
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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 1088 Bishop St #506, Honolulu, HI, 96813

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Frequently Asked Questions about Executive Centre #506

What is Executive Centre #506?

1088 Bishop St #506, Honolulu, HI, 96813 in the Executive Centre condominium building. This is a 1 bathroom and 3 bedroom condo in the Downtown neighborhood. This apartment has 858 sqft interior space. This condo is located on floor number 5 with unit number 506. 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 1988.

Which year was this property last sold?

This property was sold in 2022.

What is the full address of this Condo?

1088 Bishop St #506, Honolulu, HI, 96813.

Are grocery stores nearby?

The closest grocery stores are ‘Umeke Market & Deli, 0.04 miles away and Safeway, 0.34 miles away.

What is the neighborhood like?

The Downtown neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.44 years and 65% 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 Coldwell Banker Realty.
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: Jan 03, 2022
Verhouse Last checked 2 minutes ago

1088 Bishop St #506, Honolulu, HI, 96813 in the Executive Centre condominium building. This is a 1 bathroom and 3 bedroom condo in the Downtown neighborhood. This apartment has 858 sqft interior space with City views. This condo is located on floor number 5 with unit number 506. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are ‘Umeke Market & Deli, 0.04 miles away and Safeway, 0.34 miles away.
The Downtown neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.44 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $90k 1088 Bishop St #506, Honolulu, HI, 96813 3 beds / 1 baths / 858 sqft Save House Remove from Saved