SOLD 02/21/2020
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Condo sold for $10,880,000 in 303 days
Park Lane #5505 1388 Ala Moana Blvd #5505, Honolulu, HI, 96814
Neighborhood: Ala MoanaOff the market 4 beds 4 full + 1 half baths 4,142 sqft
Park Residence #5505 is situated on the 5th floor along the namesake Park Lane. Enjoy the direct ocean views as well as natural light and landscaping views through the windows on the backside of the home. The quintessential “U-shaped” design of the Park Residences envelops a deep, covered lanai, making the outdoor space a true extension of the home.
Park Lane Ala Moana combines with the added benefits of a 24-hour Residential Services team and unparalleled resort-style amenities. Adding to the indoor/outdoor lifestyle experience. Park Lane is located in the heart of Honolulu.
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Details of Park Lane #5505
4,142 sqft interior area
Property type
Condo
Interior area
4,142 sqft
Open Lanai area
684 sqft
View
Coastline, Ocean
Price per sqft
$2,626/sqft
Address
1388 Ala Moana Blvd #5505, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Condo building
Park Lane
Year Built
2016
Sold price
$10,880,000
HOA dues
$5,273
Total Monthly fees
$5,273
Total area
4,826 sqft
nr.of parking places
3
Floor Number
5
Land tenure
FS - Fee Simple
Neighborhood
Ala Moana
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
3 parking places, Ceramic Tile, Hardwood, Marble/Granite floors
Beds
4
Baths
4 full + 1 half
Floors
Ceramic Tile, Hardwood, Marble/Granite
Furnished
Full
Property Condition
Excellent
Other Fee Includes
Cable TV,Gas,Hot Water,Internet Service,Other Common Expenses
Garage & Parking
Assigned, Covered - 3+, Garage, Secured Entry
Unit features
ADA Accessible, ADA Compliant, Single Level
Inclusions
AC Central, Blinds, Convection Oven, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer
Listed by
Donald M Pakkala, Heyer & Associates LLC
Name
Donald M Pakkala
License number
RS-65558
Brokerage company
Heyer & Associates LLC
MLS #
201907523
Buyer agent
Name
Ryozo Ariyoshi
Brokerage company
Luxury Homes International
(808) 797-3344
(808) 797-3344
Payment calculator
Calculate your monthly payments
Mortgage
$33,405
Taxes
$9,427
HOA dues
$5,273
Mortgage
$2,176,000 / 20%
2.28%
30 years
Your amount
$33,405 / month
Exterior Features
Concrete construction
Construction
Concrete
Lot details
TMK #1230380130115
Parcel nr.
1230380130115
Ala Moana 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 Ala Moana
31%
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
64% 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 Park Lane #5505
$722.97k
Neighborhood average
sales price*
sales price*
$518.23k
Neighborhood median
sales price*
sales price*
1219
Number
of sales*
of sales*
$7.11m
Median sale price Park Lane*
Housing type
62% are apartments
More info
Rooms
39% 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
69 condos sold in this Ala Moana neighborhood over the last 6 months. View all sold Ala Moana condos
17.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Park Lane building info
Park Lane
BBQ
Concierge
Doorman
Exercise Room
Heated Pool
Meeting Room
patio/deck, pool on property, recreation area, recreation room, resident manager, security guard, storage, trash chute, valet, walking/jogging path, wall/fence, whirlpool
Other details
Security
Card, Key, Keyed Elevator, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Concrete
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Elementary School |
0.355mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Middle School |
0.355mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
High School |
0.597mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.355mi | |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.804mi |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.936mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.968mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.983mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.355mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.833mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.968mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.983mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
1.057mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.597mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
1.002mi | |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
1.057mi |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
1.12mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
1.199mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 21, 2020
Park Lane Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $3.4m | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 21, 2020 | Sold | $10,880,000 | 2626.75 | Public Record |
| Jan 31, 2020 | Pending | $10,880,000 | 2626.75 | MLS #201907523 |
| Jan 12, 2020 | Under contract | $10,880,000 | 2626.75 | MLS #201907523 |
| Nov 2, 2019 | Unavailable | $10,880,000 | 2254.46 | MLS #201907523 |
| Aug 28, 2019 | For sale | $10,880,000 | 2626.75 | MLS #201907523 |
| Mar 16, 2019 | New Listing | $10,880,000 | 2626.75 | MLS #201907523 |
Taxes of 1388 Ala Moana Blvd #5505, Honolulu, HI, 96814
33 - BMX-3 Community Business M zoning / MLS #201907523
Current Property Taxes p/month
$9,426
Assessed Improvement value
$10,691,500
Assessed Land value
$653,600
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone AE
Total Assessed value
$11,345,100
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2019 | $113,124 | MLS #201907523 |
| 2018 | $81,864 | MLS #201907523 |
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.
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Frequently Asked Questions about Park Lane #5505
What is Park Lane #5505?
1388 Ala Moana Blvd #5505, Honolulu, HI, 96814 in the Park Lane condominium building. This is a 4 full bathrooms + & 1 half bathroom and 4 bedroom condo in the Ala Moana neighborhood. This apartment has 4,142 sqft interior space. This condo is located on floor number 5 with unit number 5505. It is located in the city of Honolulu, Hawaii.
Does this condo have views?
This condo has Coastline, Ocean views.
Which year was this condo built?
This condo was build in 2016.
Which year was this property last sold?
This property was sold in 2020.
What is the full address of this Condo?
1388 Ala Moana Blvd #5505, Honolulu, HI, 96814.
Are grocery stores nearby?
The closest grocery stores are Food Land Farms, 0.12 miles away and Nijiya Supermarket, 0.14 miles away.
What is the neighborhood like?
The Ala Moana neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.88 years and 64% 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 Heyer & Associates 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: Feb 21, 2020
Verhouse Last checked 3 minutes ago
The closest grocery stores are Food Land Farms, 0.12 miles away and Nijiya Supermarket, 0.14 miles away.
The Ala Moana neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.88 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.