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Condo sold for $1,030,000 in 132 days

The Watermark #501 1551 Ala Wai Blvd #501, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 2 beds 2 baths 1,196 sqft

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Rarely available preferred -01 corner end unit with pleasant coastline, park, and canal views above treetop level, at the celebrated Watermark, Waikiki's premier resort condominium. The largest 2-bedroom layout in the building feels like a house in the sky with 3-window sides and great cross ventilation. High-class multiple award-winning condominium project with lush green landscaped gardens, heated lagoon-style infinity pool, hot tub, sauna, gym, etc.. Convenient quiet cul-de-sac location, close to world-class beaches, shopping, and dining. See what everyone is raving about. Life is a vacation.
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Details of The Watermark #501

1,196 sqft interior area
Property type
Condo
Interior area
1,196 sqft
Open Lanai area
68 sqft
View
Coastline, Garden, Marina/Canal, Ocean, Sunrise, Sunset
Price per sqft
$861/sqft
Address
1551 Ala Wai Blvd #501, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
The Watermark
Year Built
2008
Sold price
$1,030,000
HOA dues
$1,443
Total Monthly fees
$1,443
Total area
1,264 sqft
nr.of parking places
2
Floor Number
5
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

2 parking places, Marble/Granite, W/W Carpet floors
Beds
2
Baths
2
Floors
Marble/Granite, W/W Carpet
Furnished
Partial
Property Condition
Excellent
Other Fee Includes
Cable TV,Internet Service,Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 2, Garage, Guest, Secured Entry
Unit features
Central AC, Corner/End, Full Bath on 1st Floor, Single Level, Storage
Inclusions
AC Central, Auto Garage Door Opener, Cable TV, Convection Oven, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Listed by

Charles C Shin, HI Choice Realty
Name
Charles C Shin
License number
RB-20507
Brokerage company
HI Choice Realty
MLS #
202014294

Buyer agent

Name
George Krischke
Brokerage company
Hawaii Living LLC
(808) 943-9000

Payment calculator

Calculate your monthly payments
Mortgage
$3,163
Taxes
$282
HOA dues
$2,886
$6,331 per month
Mortgage
$206,000 / 20%
2.28%
30 years
Your amount $3,163 / month

Exterior Features

Concrete, Double Wall construction
Construction
Concrete, Double Wall

Lot details

TMK #1260110010020
Parcel nr.
1260110010020

Waikiki 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 Waikiki

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for The Watermark #501

$759.23k
Neighborhood average
sales price*
$522.79k
Neighborhood median
sales price*
1242
Number
of sales*
$1.32m
Median sale price The Watermark*

Housing type

61% are apartments
More info

Rooms

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

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
14.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

The Watermark building info

The Watermark
Pool on Property
BBQ
Storage
Exercise Room
Walking/Jogging Path
Private Yard
Also features:
fire sprinkler, meeting room, patio/deck, recreation area, resident manager, security guard, trash chute, whirlpool

Other details

Security
Gated Community, Key, Keyed Elevator, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Concrete, Double Wall
Owner occupancy percentage
81

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.498mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.655mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.936mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.498mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.724mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.936mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.992mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.994mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.655mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.936mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.992mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.994mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.018mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.936mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.018mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
1.028mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
1.068mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
1.107mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Nov 19, 2020

The Watermark Median sales price 2024

Bedrooms Med. price % of listings
2 beds $1.32m 100%
Date Event Price $/sqft Source
Nov 19, 2020 Sold $1,030,000 861.2 Public Record
Nov 19, 2020 Price Decrease $1,030,000 -5.5% 861.2 MLS #202014294
Oct 26, 2020 Pending $1,090,000 911.37 MLS #202014294
Jun 18, 2020 New Listing $1,090,000 -20.9% 911.37 MLS #202014294
Nov 2, 2019 Unavailable $3,600 2.85 MLS #201910861
Jun 19, 2019 Rented $3,600 2.85 MLS #201910861
May 23, 2019 Price Decrease $3,600 -5.26% 2.85 MLS #201910861
Apr 16, 2019 For rent $3,800 3.01 MLS #201910861
Apr 16, 2019 New Listing $3,800 +5.56% 3.01 MLS #201910861
May 3, 2016 Rented $3,600 2.85 MLS #201605231
Apr 14, 2016 Price Decrease $3,600 -2.7% 2.85 MLS #201605231
Apr 14, 2016 Price Decrease $3,700 -2.63% 2.93 MLS #201605231
Apr 4, 2016 Price Decrease $3,800 -2.56% 3.01 MLS #201605231
Mar 14, 2016 New Listing $3,900 3.09 MLS #201605231
Nov 20, 2015 Rented $3,900 3.26 MLS #201521363
Nov 17, 2015 New Listing $3,900 -2.5% 3.26 MLS #201521363
Nov 9, 2015 Withdrawn $1,378,000 1152.17 MLS #201508027
Sep 23, 2015 Price Decrease $1,378,000 -1.43% 1152.17 MLS #201508027
Jul 23, 2015 Price Decrease $1,398,000 -2.78% 1168.9 MLS #201508027
Jun 23, 2015 Price Decrease $1,438,000 -3.36% 1202.34 MLS #201508027
May 29, 2015 New Listing $1,488,000 +35.27% 1244.15 MLS #201508027
Sep 17, 2008 Withdrawn $1,100,000 919.73 MLS #2812926
Sep 10, 2008 Price Decrease $1,100,000 -4.35% 919.73 MLS #2812926
Aug 4, 2008 New Listing $1,150,000 961.54 MLS #2812926
Jun 16, 2008 Rented $4,000 3.58 MLS #2809700
Jun 10, 2008 New Listing $4,000 3.58 MLS #2809700

Taxes of 1551 Ala Wai Blvd #501, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202014294
Current Property Taxes p/month
$281
Assessed Improvement value
$765,900
Assessed Land value
$217,100
Land Recorded
Dual Systems
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$983,000

Tax History

Year Taxes Source
2020 $3,378 MLS #202014294
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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 1551 Ala Wai Blvd #501, Honolulu, HI, 96815

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about The Watermark #501

What is The Watermark #501?

1551 Ala Wai Blvd #501, Honolulu, HI, 96815 in the The Watermark condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 1,196 sqft interior space. This condo is located on floor number 5 with unit number 501. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has Coastline, Garden, Marina/Canal, Ocean, Sunrise, Sunset views.

Which year was this condo built?

This condo was build in 2008.

Which year was this property last sold?

This property was sold in 2020.

What is the full address of this Condo?

1551 Ala Wai Blvd #501, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.14 miles away and ABC, 0.31 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 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 HI Choice 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: Nov 19, 2020
Verhouse Last checked 4 minutes ago

1551 Ala Wai Blvd #501, Honolulu, HI, 96815 in the The Watermark condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 1,196 sqft interior space with Coastline,Garden,Marina/Canal,Ocean,Sunrise,Sunset views. This condo is located on floor number 5 with unit number 501. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.14 miles away and ABC, 0.31 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $1.03m 1551 Ala Wai Blvd #501, Honolulu, HI, 96815 2 beds / 2 baths / 1,196 sqft Save House Remove from Saved