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Condo sold for $195,000 in 104 days

Five Regents #2108 2888 Ala Ilima St #2108, Honolulu, HI, 96818

Neighborhood: Salt Lake

Off the market 1 bed 1 bath 350 sqft

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Great investment for investor with amenities including pool, sauna, party room. Secured building located near bus lines, shopping center, Airport. Long lease until 2078. Tenant lease expires 10/31/2021. Subject to 1031 exchange.
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Details of Five Regents #2108

350 sqft interior area
Property type
Condo
Interior area
350 sqft
View
Ocean
Price per sqft
$557/sqft
Address
2888 Ala Ilima St #2108, Honolulu, HI, 96818
City of Hawaii
Honolulu
Island
Oahu
Condo building
Five Regents
Year Built
1978
Sold price
$195,000
HOA dues
$441
Total Monthly fees
$441
Total area
350 sqft
nr.of parking places
1
Floor Number
28
Frontage
Other
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, W/W Carpet floors
Beds
1
Baths
1
Floors
W/W Carpet
Property Condition
Above Average
Other Fee Includes
Other Common Expenses,Water
Occupancy
Tenant
Garage & Parking
Covered - 1
Unit features
Single Level
Inclusions
Range/Oven, Refrigerator

Listed by

Marc T Kumai, Ivy K Realty, LLC
Name
Marc T Kumai
License number
RB-18403
Brokerage company
Ivy K Realty, LLC
MLS #
202107947

Payment calculator

Calculate your monthly payments
Mortgage
$599
Taxes
$69
HOA dues
$498
$1,166 per month
Mortgage
$39,000 / 20%
2.28%
30 years
Your amount $599 / month

Exterior Features

Double Wall construction
Construction
Double Wall

Lot details

TMK #1110620240199
Parcel nr.
1110620240199

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 #2108

$683.75k
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 Association Pool
Community Laundry
Meeting Room
Recreation Area
Recreation Room
Also features:
resident manager, sauna, security guard, tennis court

Other details

Security
Card, Security Patrol
Style
Co-op, High-Rise 7+ Stories
Construction
Double Wall
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

Sold Jul 7, 2021

Five Regents Median sales price 2024

Bedrooms Med. price % of listings
Not specified $184.95k 100%
Date Event Price $/sqft Source
Jul 7, 2021 Sold $195,000 557.14 Public Record
Jul 7, 2021 Price Decrease $195,000 -1.52% 557.14 MLS #202107947
Mar 30, 2021 Pending $198,000 565.71 MLS #202107947
Mar 27, 2021 New Listing $198,000 +66.39% 565.71 MLS #202107947
Oct 23, 2020 Rented $1,450 4.14 MLS #202025046
Oct 6, 2020 Price Decrease $1,450 -6.45% 4.14 MLS #202025046
Sep 30, 2020 For rent $1,550 4.43 MLS #202025046
Sep 30, 2020 New Listing $1,550 +10.71% 4.43 MLS #202025046
Jul 10, 2017 Rented $1,400 4 MLS #201712171
Jul 10, 2017 Price Decrease $1,400 -3.45% 4 MLS #201712171
May 31, 2017 New Listing $1,450 +11.54% 4.14 MLS #201712171
May 12, 2016 Rented $1,300 3.71 MLS #201603340
Apr 28, 2016 Back On Market $1,300 3.71 MLS #201603340
Feb 11, 2016 Price Increase $1,300 +4% 3.71 MLS #201603340
Feb 10, 2016 New Listing $1,250 -3.85% 3.57 MLS #201603340
May 25, 2015 Rented $1,300 3.71 MLS #201507836
May 18, 2015 New Listing $1,300 3.71 MLS #201507836
Oct 29, 2012 Sold $119,000 340 Public Record
Jul 31, 2012 Under contract $119,000 340 MLS #1208412
Jul 25, 2012 New Listing $119,000 340 MLS #1208412

Taxes of 2888 Ala Ilima St #2108, Honolulu, HI, 96818

12 - A-2 Medium Density Apartme zoning / MLS #202107947
Current Property Taxes p/month
$68
Assessed Improvement value
$212,400
Assessed Land value
$20,200
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Lease expiration
2078-03-31
Monthly lease payment
$57
Total Assessed value
$232,400

Tax History

Year Taxes Source
2020 $827 MLS #202107947
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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 #2108, 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 #2108

What is Five Regents #2108?

2888 Ala Ilima St #2108, 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 28 with unit number 2108. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has Ocean 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 #2108, 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: Jul 07, 2021
Verhouse Last checked less than a minute ago

2888 Ala Ilima St #2108, 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 Ocean views. This condo is located on floor number 28 with unit number 2108. 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 #2108, Honolulu, HI, 96818 1 bed / 1 baths / 350 sqft Save House Remove from Saved