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Condo sold for $212,000 in 167 days

Five Regents #508 2888 Ala Ilima St #508, Honolulu, HI, 96818

Neighborhood: Salt Lake

Off the market 1 bed 1 bath 350 sqft

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AWESOME OPPORTUNITY for first time buyers and investors for this corner 1 bedroom, 1 bath, corner unit. Newly remodeled with brand new vinyl plank flooring just installed, along with new paint, new bathroom vanity, mirror and curtain rods plus air conditioner is less than a year old. Long fixed lease till 2078 with no renegotiation and at only $57 per month always! Convenient location close to schools, shopping, freeways, military base, airport, and Tripler Hospital makes renters easy to find. Current rent was $1250 per month with higher rents noted in the building. Nice amenities include a salt water pool, sauna, party room, BBQ, 24 hr. security and 24 hr. laundry room, covered parking stall, resident manager on the premise, plus lots of guest parking. Seller is doing a 1031 exchange at no expense to Buyer. See this move-in condition unit today!
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Details of Five Regents #508

350 sqft interior area
Property type
Condo
Interior area
350 sqft
View
City, Mountain
Price per sqft
$605/sqft
Address
2888 Ala Ilima St #508, Honolulu, HI, 96818
City of Hawaii
Honolulu
Island
Oahu
Condo building
Five Regents
Year Built
1978
Sold price
$212,000
HOA dues
$424
Total Monthly fees
$424
Total area
350 sqft
nr.of parking places
1
Floor Number
5
Land tenure
LH - Leasehold
Lease expiration
2078-03-31
Monthly lease payment
$57
Neighborhood
Salt Lake
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Vinyl floors
Beds
1
Baths
1
Floors
Vinyl
Property Condition
Above Average, Excellent
Remodeled Year
2019
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/Oven, Refrigerator
Exclusions
Drapes

Listed by

Dancetta M Feary, Locations LLC
Name
Dancetta M Feary
License number
RS-63745
Brokerage company
Locations LLC
MLS #
201910283

Buyer agent

Name
NON MLS
Brokerage company
Non-MLS

Payment calculator

Calculate your monthly payments
Mortgage
$651
Taxes
$63
HOA dues
$481
$1,195 per month
Mortgage
$42,400 / 20%
2.28%
30 years
Your amount $651 / month

Exterior Features

Concrete, Masonry/Stucco, Other construction
Construction
Concrete, Masonry/Stucco, Other

Lot details

TMK #1110620240008
Parcel nr.
1110620240008

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 #508

$688.33k
Neighborhood average
sales price*
$530k
Neighborhood median
sales price*
174
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
BBQ
Community Laundry
Pool
Recreation Room
Resident Manager
Sauna
Also features:
security guard

Other details

Security
Card, Key, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Concrete, Masonry/Stucco, Other
Owner occupancy percentage
16

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

Unavailable Nov 2, 2019

Five Regents Median sales price 2024

Bedrooms Med. price % of listings
Not specified $184.95k 100%
Date Event Price $/sqft Source
Nov 2, 2019 Unavailable $212,000 605.71 MLS #201910283
Jun 12, 2019 Sold $212,000 605.71 Public Record
Apr 12, 2019 Under contract $212,000 605.71 MLS #201910283
Apr 9, 2019 New Listing $212,000 +92.73% 605.71 MLS #201910283
Jun 24, 2013 Sold $110,000 314.29 Public Record
Jun 24, 2013 Price Increase $110,000 +2.8% 314.29 MLS #1304302
Jun 24, 2013 Pending $107,000 305.71 MLS #1304302
Apr 26, 2013 Under contract $107,000 305.71 MLS #1304302
Apr 17, 2013 New Listing $107,000 +102.84% 305.71 MLS #1304302
May 31, 2002 Sold $52,750 150.71 Public Record
May 31, 2002 Price Decrease $52,750 -4.09% 150.71 MLS #2202428
Mar 21, 2002 Pending $55,000 157.14 MLS #2202428
Mar 8, 2002 New Listing $55,000 157.14 MLS #2202428

Taxes of 2888 Ala Ilima St #508, Honolulu, HI, 96818

12 - A-2 Medium Density Apartme zoning / MLS #201910283
Current Property Taxes p/month
$63
Assessed Improvement value
$202,100
Assessed Land value
$21,100
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone D
Lease expiration
2078-03-31
Monthly lease payment
$57
Total Assessed value
$223,200

Tax History

Year Taxes Source
2019 $756 MLS #201910283
2012 $600 MLS #1304302
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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 #508, Honolulu, HI, 96818

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Five Regents #508

What is Five Regents #508?

2888 Ala Ilima St #508, 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 5 with unit number 508. 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 2019.

What is the full address of this Condo?

2888 Ala Ilima St #508, 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 Locations 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: Jun 13, 2019
Verhouse Last checked 5 minutes ago

2888 Ala Ilima St #508, 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 5 with unit number 508. 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 $212k 2888 Ala Ilima St #508, Honolulu, HI, 96818 1 bed / 1 baths / 350 sqft Save House Remove from Saved