SOLD 03/17/2021
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Condo sold for $140,000 in 437 days
Five Regents #1506 2888 Ala Ilima St #1506, Honolulu, HI, 96818
Neighborhood: Salt LakeOff the market 1 bath 300 sqft
Studio at Five Regents offers a great opportunity! Fixed monthly lease rent at only $47 expires in 2078! All lease rents in Hawaii increase periodically and this is the only leasehold property that is fixed for the entire lease term. Amenities include Huge, spacious lobby, rec room, pool, sauna, tennis courts, on-site resident manager and security. Conveniently located near shopping center, restaurants, airport, Hickam, Pearl Harbor, Tripler and Downtown. Full renovation costs for a studio would be $10K-$15K which would still be a better deal than what is on the market and you can decorate to your own taste.
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Details of Five Regents #1506
300 sqft interior area
Property type
Condo
Interior area
300 sqft
View
City, Golf Course, Mountain, Sunrise
Price per sqft
$466/sqft
Address
2888 Ala Ilima St #1506, Honolulu, HI, 96818
City of Hawaii
Honolulu
Island
Oahu
Condo building
Five Regents
Year Built
1978
Sold price
$140,000
HOA dues
$364
Total Monthly fees
$364
Total area
300 sqft
nr.of parking places
1
Floor Number
15
Land tenure
LH - Leasehold
Lease renegotiation date
2078-03-31
Lease expiration
2078-03-31
Monthly lease payment
$47
Neighborhood
Salt Lake
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
1 parking places, Vinyl, W/W Carpet floors
Baths
1
Floors
Vinyl, W/W Carpet
Furnished
Partial
Property Condition
Above Average
Other Fee Includes
Other Common Expenses,Sewer,Water
Occupancy
Tenant
Garage & Parking
Assigned, Covered - 1, Garage
Unit features
Single Level
Inclusions
AC Window Unit, Cable TV, Disposal, Range/Oven, Refrigerator, Smoke Detector
Listed by
Marc T Kumai, Ivy K Realty, LLC
Name
Marc T Kumai
License number
RB-18403
Brokerage company
Ivy K Realty, LLC
MLS #
202015193
Buyer agent
Name
Marc T Kumai
Brokerage company
Ivy K Realty, LLC
(808) 591-5660
(808) 591-5660
Payment calculator
Calculate your monthly payments
Mortgage
$430
Taxes
$65
HOA dues
$411
Mortgage
$28,000 / 20%
2.28%
30 years
Your amount
$430 / month
Exterior Features
Concrete construction
Construction
Concrete
Lot details
TMK #1110620240125
Parcel nr.
1110620240125
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 #1506
$688.62k
Neighborhood average
sales price*
sales price*
$530k
Neighborhood median
sales price*
sales price*
175
Number
of sales*
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
70 condos sold in this Salt Lake neighborhood over the last 6 months. View all sold Salt Lake condos
10.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Five Regents building info
Five Regents
Pool on Property
BBQ
Sauna
Security Guard
Recreation Area
Resident Manager
community laundry, patio/deck, trash chute
Other details
Security
Key, Keyed Elevator, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Concrete
Owner occupancy percentage
47
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
Elementary School |
0.721mi |
| out of 10 |
Moanalua Middle School
1289 Mahiole St,
Honolulu, HI 96819
Middle School |
0.627mi |
| out of 10 |
Moanalua High School
2825 Ala Ilima St,
Honolulu, HI 96819
High School |
0.158mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
|
0.721mi |
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
|
0.747mi |
| out of 10 |
Salt Lake Elementary School
1131 Ala Lilikoi St,
Honolulu, HI 96818
|
0.765mi |
| out of 10 |
Major General William R Shafter Elementary School
2 Fort Shafter,
Honolulu, HI 96819
|
0.999mi |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.389mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua Middle School
1289 Mahiole St,
Honolulu, HI 96819
|
0.627mi |
| out of 10 |
Moanalua Elementary School
1337 Mahiole St,
Honolulu, HI 96819
|
0.721mi |
| out of 10 |
Aliamanu Elementary School
3265 Salt Lake Blvd,
Honolulu, HI 96818
|
0.747mi |
| out of 10 |
Aliamanu Middle School
3271 Salt Lake Boulevard,
Honolulu, HI 96818
|
0.799mi |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.389mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Moanalua High School
2825 Ala Ilima St,
Honolulu, HI 96819
|
0.158mi |
|
Christian Academy
3400 Moanalua Road,
Honolulu, HI 96819
|
1.389mi | |
| out of 10 |
Admiral Arthur W Radford High School
4361 Salt Lake Blvd,
Honolulu, HI 96818
|
1.936mi |
|
Assets School
1 Ohana Nui Way,
Honolulu, HI 96818
|
2.056mi | |
| 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
Sold Mar 17, 2021
Five Regents Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $184.95k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 17, 2021 | Sold | $140,000 | 466.67 | Public Record |
| Mar 17, 2021 | Price Decrease | $140,000 -6.67% | 466.67 | MLS #202015193 |
| Dec 23, 2020 | Pending | $150,000 | 500 | MLS #202015193 |
| Aug 11, 2020 | Price Decrease | $150,000 -3.23% | 500 | MLS #202015193 |
| Aug 3, 2020 | Price Decrease | $155,000 -3.13% | 516.67 | MLS #202015193 |
| Jun 30, 2020 | New Listing | $160,000 +25% | 533.33 | MLS #202015193 |
| Jun 27, 2014 | Sold | $128,000 | 426.67 | Public Record |
| Jun 27, 2014 | Price Decrease | $128,000 -5.19% | 426.67 | MLS #201405285 |
| May 21, 2014 | Pending | $135,000 | 450 | MLS #201405285 |
| Apr 25, 2014 | Back On Market | $135,000 | 450 | MLS #201405285 |
| Apr 16, 2014 | Pending | $135,000 | 450 | MLS #201405285 |
| Apr 1, 2014 | Under contract | $135,000 | 450 | MLS #201405285 |
| Mar 27, 2014 | New Listing | $135,000 | 450 | MLS #201405285 |
Taxes of 2888 Ala Ilima St #1506, Honolulu, HI, 96818
12 - A-2 Medium Density Apartme zoning / MLS #202015193
Current Property Taxes p/month
$64
Assessed Improvement value
$203,500
Assessed Land value
$18,100
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Lease renegotiation date
2078-03-31
Lease expiration
2078-03-31
Monthly lease payment
$47
Total Assessed value
$221,600
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2019 | $776 | MLS #202015193 |
| 2013 | $300 | MLS #201405285 |
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 #1506, Honolulu, HI, 96818
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Open floorplan
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Frequently Asked Questions about Five Regents #1506
What is Five Regents #1506?
2888 Ala Ilima St #1506, Honolulu, HI, 96818 in the Five Regents condominium building. This is a 1 bathroom condo in the Salt Lake neighborhood. This apartment has 300 sqft interior space. This condo is located on floor number 15 with unit number 1506. It is located in the city of Honolulu, Hawaii.
Does this condo have views?
This condo has City, Golf Course, Mountain, Sunrise 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 2021.
What is the full address of this Condo?
2888 Ala Ilima St #1506, 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 Ivy K Realty, LLC.
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: Mar 17, 2021
Verhouse Last checked 1 minute ago
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.