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Condo sold for $688,888 in 73 days

Iolani Palms #501 512 Iolani Ave #501, Honolulu, HI, 96813

Neighborhood: Punchbowl Area

Off the market 3 beds 2 full + 1 half baths 1,120 sqft

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Rarely available dog-friendly 3-bedroom, 2.5-bathroom, 2-tandem parking in the Iolani Palms! This 1120sf spacious end unit features large windows privately tucked behind greenery, looking over a secured courtyard, and partial views toward downtown (which is just minutes away!). A functional layout with ample closet space creates more of a “house” feel. Fully secured with a keyed elevator, swimming pool, & gazebo, the Iolani Palms was constructed in 1989 with only 31 units. HOA includes internet & cable, roughly $150/mo in value!
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Details of Iolani Palms #501

1,120 sqft interior area
Property type
Condo
Interior area
1,120 sqft
View
Garden
Price per sqft
$615/sqft
Address
512 Iolani Ave #501, Honolulu, HI, 96813
City of Hawaii
Honolulu
Island
Oahu
Condo building
Iolani Palms
Year Built
1989
Sold price
$688,888
HOA dues
$812
Total Monthly fees
$812
Total area
1,120 sqft
nr.of parking places
2
Floor Number
5
Land tenure
FS - Fee Simple
Neighborhood
Punchbowl Area
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

2 parking places, Laminate, W/W Carpet floors
Beds
3
Baths
2 full + 1 half
Floors
Laminate, W/W Carpet
Furnished
Partial
Property Condition
Above Average
Remodeled Year
2021
Other Fee Includes
Cable TV,Internet Service,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 2, Garage, Guest, Secured Entry, Tandem
Unit features
Corner/End
Inclusions
AC Window Unit, Blinds, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Listed by

James S Chan, Compass
Name
James S Chan
License number
RB-20132
Brokerage company
Compass
MLS #
202107539

Payment calculator

Calculate your monthly payments
Mortgage
$2,116
Taxes
$145
HOA dues
$812
$3,073 per month
Mortgage
$137,778 / 20%
2.28%
30 years
Your amount $2,116 / month

Exterior Features

Concrete, Double Wall, Slab construction
Construction
Concrete, Double Wall, Slab

Lot details

TMK #1220040230022
Parcel nr.
1220040230022

Punchbowl Area 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 Punchbowl Area

31%
Families with children
National average: 39%
30%
Non family households
416,417
Population
$128,695
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

25% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for Iolani Palms #501

$718.92k
Neighborhood average
sales price*
$512.7k
Neighborhood median
sales price*
1164
Number
of sales*
$620k
Median sale price Iolani Palms*

Housing type

60% are apartments
More info

Rooms

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

Bedrooms

46% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
13.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Iolani Palms building info

Iolani Palms
BBQ
Club House
Condo Association Pool
Recreation Area
Trash Chute

Other details

Security
Key, Keyed Elevator, Video
Style
Low-Rise 6 or Less Stories
Construction
Concrete, Double Wall, Slab
Owner occupancy percentage
65

Schools

15 schools with rating up to 8
School rating Distance
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
Elementary School
0.289mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Middle School
0.341mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
High School
0.341mi
School rating Distance
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.289mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.341mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.428mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.534mi
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.635mi
School rating Distance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.341mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.428mi
4
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.454mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.534mi
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.6mi
School rating Distance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.341mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.428mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.465mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.509mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.688mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold May 21, 2021

Iolani Palms Median sales price 2024

Bedrooms Med. price % of listings
2 beds $620k 100%
Date Event Price $/sqft Source
May 21, 2021 Sold $688,888 615.08 Public Record
May 21, 2021 Price Increase $688,888 +4.38% 615.08 MLS #202107539
Apr 7, 2021 Pending $660,000 589.29 MLS #202107539
Mar 24, 2021 New Listing $660,000 +9.82% 589.29 MLS #202107539
Jul 1, 2016 Sold $601,000 536.61 Public Record
Jul 1, 2016 Price Increase $601,000 +12.34% 536.61 MLS #201611618
May 18, 2016 Pending $535,000 477.68 MLS #201611618
May 17, 2016 Under contract $535,000 477.68 MLS #201611618
May 10, 2016 New Listing $535,000 477.68 MLS #201611618

Taxes of 512 Iolani Ave #501, Honolulu, HI, 96813

12 - A-2 Medium Density Apartme zoning / MLS #202107539
Current Property Taxes p/month
$145
Assessed Improvement value
$469,300
Assessed Land value
$129,400
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Total Assessed value
$598,700

Tax History

Year Taxes Source
2021 $1,745 MLS #202107539
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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 512 Iolani Ave #501, Honolulu, HI, 96813

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Iolani Palms #501

What is Iolani Palms #501?

512 Iolani Ave #501, Honolulu, HI, 96813 in the Iolani Palms condominium building. This is a 2 full bathrooms + & 1 half bathroom and 3 bedroom condo in the Punchbowl Area neighborhood. This apartment has 1,120 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 Garden views.

Which year was this condo built?

This condo was build in 1989.

Which year was this property last sold?

This property was sold in 2021.

What is the full address of this Condo?

512 Iolani Ave #501, Honolulu, HI, 96813.

Are grocery stores nearby?

The closest grocery stores are Safeway, 0.57 miles away and ‘Umeke Market & Deli, 0.67 miles away.

What is the neighborhood like?

The Punchbowl Area neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.56 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 Compass.
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 21, 2021
Verhouse Last checked 1 minute ago

512 Iolani Ave #501, Honolulu, HI, 96813 in the Iolani Palms condominium building. This is a 2 full bathrooms + & 1 half bathroom and 3 bedroom condo in the Punchbowl Area neighborhood. This apartment has 1,120 sqft interior space with Garden 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 Safeway, 0.57 miles away and ‘Umeke Market & Deli, 0.67 miles away.
The Punchbowl Area neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.56 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $688.89k 512 Iolani Ave #501, Honolulu, HI, 96813 3 beds / 2 full + 1 half baths / 1,120 sqft Save House Remove from Saved