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Condo sold for $195,000 in 198 days

Five Regents #1002 2888 Ala Ilima St #1002, Honolulu, HI, 96818

Neighborhood: Salt Lake

Off the market 1 bed 1 bath 350 sqft

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MAJOR price reduction! Bright clean corner unit perfect for investors or owner occupants. Long lease until 2074 with fixed lease rent of $57 and low maintenance fee make this unit a gem. Large picture windows with expansive mountain and city views. Recent upgrades include painted bathroom, new mirror, sink and faucet. Window AC to keep you cool on hot summer days or open up the large windows for a trade wind cross breeze. Close to shopping, airport, public transport and more. Building offers great amenities including pool, sauna, tennis court, security, resident manager, recreation room and guest parking. Unit comes with one covered parking stall. Prior tenant was paying $1375 a month. Seller to conduct 1031 exchange. Text/call agent for showing instructions. On lockbox and easy to show.
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Details of Five Regents #1002

350 sqft interior area
Property type
Condo
Interior area
350 sqft
View
City, Mountain
Price per sqft
$557/sqft
Address
2888 Ala Ilima St #1002, Honolulu, HI, 96818
City of Hawaii
Honolulu
Island
Oahu
Condo building
Five Regents
Year Built
1978
Sold price
$195,000
HOA dues
$435
Total Monthly fees
$492
Total area
350 sqft
nr.of parking places
1
Floor Number
10
Frontage
Other
Land tenure
LH - Leasehold
Lease expiration
1978-03-31
Monthly lease payment
$57
Neighborhood
Salt Lake
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Laminate, Vinyl floors
Beds
1
Baths
1
Floors
Laminate, Vinyl
Furnished
None
Property Condition
Above Average
Other Fee Includes
Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 1, Guest, Street
Unit features
Corner/End, Even# Unit, Single Level
Inclusions
AC Window Unit, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector

Listed by

Fannie Cline, Realty Group Hawaii
Name
Fannie Cline
License number
RB-20928
Brokerage company
Realty Group Hawaii
MLS #
202020595

Payment calculator

Calculate your monthly payments
Mortgage
$599
Taxes
$66
HOA dues
$492
$1,158 per month
Mortgage
$39,000 / 20%
2.28%
30 years
Your amount $599 / month

Exterior Features

Concrete, Hollow Tile, Masonry/Stucco construction
Construction
Concrete, Hollow Tile, Masonry/Stucco

Lot details

TMK #1110620240061
Parcel nr.
1110620240061

Salt Lake 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 Salt Lake

44%
Families with children
National average: 39%
24%
Non family households
257,935
Population
$128,976
Average Income

Age & gender

Median age 37 years
More info

Commute types

79% commute by car
More info

Education level

26% have high school education
More info

Number of employees

4% work in education and healthcare
More info

Vehicles available

38% have 2 vehicle
More info

Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for Five Regents #1002

$685.27k
Neighborhood average
sales price*
$530k
Neighborhood median
sales price*
175
Number
of sales*
$180k
Median sale price Five Regents*

Housing type

34% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

61% have 2 or 3 bedrooms
More info

Owners vs Renters

56% are renters
More info
10.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Five Regents building info

Five Regents
Community Laundry
Condo Association Pool
Patio/Deck
Pool on Property
Recreation Room
Resident Manager
Also features:
sauna, security guard, tennis court

Other details

Security
Card, Key, Security Patrol
Style
High-Rise 7+ Stories
Construction
Concrete, Hollow Tile, Masonry/Stucco
Owner occupancy percentage
16
Architect / builder
Century Center

Schools

15 schools with rating up to 9
School rating Distance
9
out of 10
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
Elementary School
0.721mi
8
out of 10
Moanalua Middle School
1289 Mahiole St, Honolulu, HI 96819
Middle School
0.627mi
9
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
High School
0.158mi
School rating Distance
9
out of 10
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
0.721mi
9
out of 10
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
0.747mi
8
out of 10
Salt Lake Elementary School
1131 Ala Lilikoi St, Honolulu, HI 96818
0.765mi
8
out of 10
Major General William R Shafter Elementary School
2 Fort Shafter, Honolulu, HI 96819
0.999mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
1.389mi
School rating Distance
8
out of 10
Moanalua Middle School
1289 Mahiole St, Honolulu, HI 96819
0.627mi
9
out of 10
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
0.721mi
9
out of 10
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
0.747mi
5
out of 10
Aliamanu Middle School
3271 Salt Lake Boulevard, Honolulu, HI 96818
0.799mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
1.389mi
School rating Distance
9
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
0.158mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
1.389mi
8
out of 10
Admiral Arthur W Radford High School
4361 Salt Lake Blvd, Honolulu, HI 96818
1.936mi
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
2.056mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
2.093mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Expired Dec 1, 2020

Five Regents Median sales price 2024

Bedrooms Med. price % of listings
Not specified $184.95k 100%
Date Event Price $/sqft Source
Dec 1, 2020 Expired $199,000 568.57 MLS #202020595
Nov 16, 2020 Under contract $199,000 568.57 MLS #202020595
Sep 11, 2020 Price Decrease $199,000 -5.24% 568.57 MLS #202020595
Sep 8, 2020 Price Decrease $210,000 -4.55% 600 MLS #202020595
Aug 24, 2020 New Listing $220,000 +10% 628.57 MLS #202020595
Nov 2, 2019 Unavailable $200,000 571.43 MLS #201824416
Dec 14, 2018 Sold $200,000 571.43 Public Record
Nov 19, 2018 Pending $200,000 571.43 MLS #201824416
Nov 1, 2018 Under contract $200,000 571.43 MLS #201824416
Oct 24, 2018 Price Decrease $200,000 -4.76% 571.43 MLS #201824416
Sep 13, 2018 New Listing $210,000 +16.67% 600 MLS #201824416
Dec 14, 2016 Withdrawn $180,000 514.29 MLS #201626997
Dec 14, 2016 Back On Market $180,000 514.29 MLS #201626997
Nov 15, 2016 Pending $180,000 514.29 MLS #201626997
Oct 31, 2016 New Listing $180,000 +5.57% 514.29 MLS #201626997
May 23, 2008 Sold $170,500 487.14 Public Record
May 23, 2008 Price Decrease $170,500 -1.16% 487.14 MLS #2805394
Apr 11, 2008 Under contract $172,500 492.86 MLS #2805394
Mar 31, 2008 New Listing $172,500 492.86 MLS #2805394

Taxes of 2888 Ala Ilima St #1002, Honolulu, HI, 96818

12 - A-2 Medium Density Apartme zoning / MLS #202020595
Current Property Taxes p/month
$66
Assessed Improvement value
$206,200
Assessed Land value
$21,100
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Lease expiration
1978-03-31
Monthly lease payment
$57
Total Assessed value
$227,300

Tax History

Year Taxes Source
2020 $796 MLS #202020595
2018 $492 MLS #201824416
2016 $432 MLS #201626997
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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 2888 Ala Ilima St #1002, Honolulu, HI, 96818

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Stunning views
Open floorplan
Needs Work
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Frequently Asked Questions about Five Regents #1002

What is Five Regents #1002?

2888 Ala Ilima St #1002, Honolulu, HI, 96818 in the Five Regents condominium building. This is a 1 bathroom and 1 bedroom condo in the Salt Lake neighborhood. This apartment has 350 sqft interior space. This condo is located on floor number 10 with unit number 1002. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Mountain views.

Which year was this condo built?

This condo was build in 1978.

Which year was this property last sold?

This property was sold in 2020.

What is the full address of this Condo?

2888 Ala Ilima St #1002, Honolulu, HI, 96818.

Are grocery stores nearby?

The closest grocery stores are Safeway 0211, 0.77 miles away and Foodland, 2.15 miles away.

What is the neighborhood like?

The Salt Lake neighborhood has a population of 257,935, and 44% of the families have children. The median age is 37.44 years and 79% commute by car. The most popular housing type is "single detached" and 56% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Realty Group Hawaii.
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: Dec 15, 2020
Verhouse Last checked 2 minutes ago

2888 Ala Ilima St #1002, Honolulu, HI, 96818 in the Five Regents condominium building. This is a 1 bathroom and 1 bedroom condo in the Salt Lake neighborhood. This apartment has 350 sqft interior space with City,Mountain views. This condo is located on floor number 10 with unit number 1002. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Safeway 0211, 0.77 miles away and Foodland, 2.15 miles away.
The Salt Lake neighborhood has a population of 257,935, and 44% of the families have children. The median age is 37.44 years and 79% commute by car. The most popular housing type is "single detached" and 56% is renter.
Condo Sold $195k 2888 Ala Ilima St #1002, Honolulu, HI, 96818 1 bed / 1 baths / 350 sqft Save House Remove from Saved