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Condo sold for $145,000 in 50 days

Five Regents #Unit 703 2888 Ala Ilima St #Unit 703, Honolulu, HI, 96818

Neighborhood: Salt Lake

Off the market 1 bath 300 sqft

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Perfect for first time home buyer or investor. Leasehold property like fee simple (long lease - till 2078; low fixed rent of $47.00/mo.). Well maintained. Newly painted. New toilet and heater. Low maintenance fee includes security, resident manager, amenities like pool, sauna, party/meeting room, barbecue area, dance floor, basketball court, laundromat. Since unit is on cool side of building you'll spend less on electricity during warm months. Convenient. Close to airport, military bases, shopping, eateries, freeway and bus stop.
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Details of Five Regents #Unit 703

300 sqft interior area
Property type
Condo
Interior area
300 sqft
View
Mountain
Price per sqft
$483/sqft
Address
2888 Ala Ilima St #Unit 703, Honolulu, HI, 96818
City of Hawaii
Honolulu
Island
Oahu
Condo building
Five Regents
Year Built
1978
Sold price
$145,000
HOA dues
$378
Total Monthly fees
$378
Total area
300 sqft
nr.of parking places
1
Floor Number
7
Land tenure
LH - Leasehold
Lease expiration
2078-01-01
Monthly lease payment
$47
Neighborhood
Salt Lake
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Laminate, W/W Carpet floors
Baths
1
Floors
Laminate, W/W Carpet
Furnished
Partial
Property Condition
Above Average
Other Fee Includes
Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Covered - 1
Unit features
Bedroom on 1st Level, Full Bath on 1st Floor, Odd# Unit, Single Level
Inclusions
Drapes, Range/Oven, Refrigerator, Water Heater

Listed by

Lily K H Ochoco, INET Realty
Name
Lily K H Ochoco
License number
RS-81503
Brokerage company
INET Realty
MLS #
202108335

Payment calculator

Calculate your monthly payments
Mortgage
$446
Taxes
$61
HOA dues
$425
$932 per month
Mortgage
$29,000 / 20%
2.28%
30 years
Your amount $446 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1110620240026
Parcel nr.
1110620240026

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

37%
Families with children
National average: 39%
23%
Non family households
345,855
Population
$144,716
Average Income

Age & gender

Median age 39 years
More info

Commute types

84% commute by car
More info

Education level

24% have high school education
More info

Number of employees

3% work in education and healthcare
More info

Vehicles available

39% have 2 vehicle
More info

Vehicles by gender

39% have 2 vehicle
More info

Housing market insights for Five Regents #Unit 703

$591.75k
Neighborhood average
sales price*
$490k
Neighborhood median
sales price*
93
Number
of sales*
$180k
Median sale price Five Regents*

Housing type

41% are single detacheds
More info

Rooms

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

Bedrooms

63% have 2 or 3 bedrooms
More info

Owners vs Renters

57% are owners
More info
16.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Five Regents building info

Five Regents
BBQ
Community Laundry
Meeting Room
Other
Pool on Property
Recreation Room
Also features:
resident manager, sauna, security guard, tennis court, walking/jogging path

Other details

Security
Key
Style
High-Rise 7+ Stories
Construction
Concrete
Owner occupancy percentage
17

Schools

15 schools with rating up to 9
School rating Distance
7
out of 10
Lt Col Horrace Meek Hickam Elementary School
825 Manzelman Circle, Honolulu, HI 96818
Elementary School
0.476mi
7
out of 10
Lt Col Horrace Meek Hickam Elementary School
825 Manzelman Circle, Honolulu, HI 96818
Middle School
0.476mi
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
High School
1.675mi
School rating Distance
7
out of 10
Lt Col Horrace Meek Hickam Elementary School
825 Manzelman Circle, Honolulu, HI 96818
0.476mi
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
1.675mi
NR
Navy Hale Keiki School
153 Bougainville Drive, Honolulu, HI 96818
1.708mi
6
out of 10
Pearl Harbor Elementary School
1 Moanalua Ridge, Honolulu, HI 96818
1.814mi
NR
Holy Family Catholic Academy
830 Main Street, Honolulu, HI 96818
1.962mi
School rating Distance
7
out of 10
Lt Col Horrace Meek Hickam Elementary School
825 Manzelman Circle, Honolulu, HI 96818
0.476mi
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
1.675mi
6
out of 10
Pearl Harbor Elementary School
1 Moanalua Ridge, Honolulu, HI 96818
1.814mi
NR
Holy Family Catholic Academy
830 Main Street, Honolulu, HI 96818
1.962mi
6
out of 10
Makalapa Elementary School
4435 Salt Lake Blvd, Honolulu, HI 96818
2.09mi
School rating Distance
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
1.675mi
8
out of 10
Admiral Arthur W Radford High School
4361 Salt Lake Blvd, Honolulu, HI 96818
2.088mi
9
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
3.751mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
3.78mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
5.471mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold May 20, 2021

Five Regents Median sales price 2024

Bedrooms Med. price % of listings
Not specified $184.95k 100%
Date Event Price $/sqft Source
May 20, 2021 Sold $145,000 483.33 Public Record
May 20, 2021 Price Decrease $145,000 -1.36% 483.33 MLS #202108335
Apr 9, 2021 Under contract $147,000 490 MLS #202108335
Apr 5, 2021 New Listing $147,000 490 MLS #202108335

Taxes of 2888 Ala Ilima St #Unit 703, Honolulu, HI, 96818

12 - A-2 Medium Density Apartme zoning / MLS #202108335
Current Property Taxes p/month
$60
Assessed Improvement value
$194,700
Assessed Land value
$17,300
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Lease expiration
2078-01-01
Monthly lease payment
$47
Total Assessed value
$212,000

Tax History

Year Taxes Source
2021 $731 MLS #202108335
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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 #Unit 703, Honolulu, HI, 96818

No reviews yet
Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Five Regents #Unit 703

What is Five Regents #Unit 703?

2888 Ala Ilima St #Unit 703, 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 7 with unit number Unit 703. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has 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 2021.

What is the full address of this Condo?

2888 Ala Ilima St #Unit 703, Honolulu, HI, 96818.

Are grocery stores nearby?

The closest grocery stores are Down to Earth Pearlridge, 2.59 miles away and Palama Supermarket, 2.64 miles away.

What is the neighborhood like?

The Salt Lake neighborhood has a population of 345,855, and 37% of the families have children. The median age is 39.72 years and 84% commute by car. The most popular housing type is "single detached" and 57% is owner.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of INET 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: May 26, 2021
Verhouse Last checked 5 minutes ago

2888 Ala Ilima St #Unit 703, 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 with Mountain views. This condo is located on floor number 7 with unit number Unit 703. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Down to Earth Pearlridge, 2.59 miles away and Palama Supermarket, 2.64 miles away.
The Salt Lake neighborhood has a population of 345,855, and 37% of the families have children. The median age is 39.72 years and 84% commute by car. The most popular housing type is "single detached" and 57% is owner.
Condo Sold $145k 2888 Ala Ilima St #Unit 703, Honolulu, HI, 96818 1 baths / 300 sqft Save House Remove from Saved