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Condo sold for $505,000 in 126 days

Summer Palace #1701 1848 Kahakai Dr #1701, Honolulu, HI, 96814

Neighborhood: Ala Moana

Off the market 1 bed 1 bath 547 sqft

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Seller financing available. Rarely available corner unit with additional window in the living room providing amazing cross ventilation. One entire wall of the living room is covered with ceiling-to-floor mirrors, giving the impression of an even larger living space. Recently renovated kitchen includes quartz countertops and backsplash. New laminate wood floor. Shower stall remodeled in 2019. Large lanai offers a view of everything: the ocean, the Ala Wai Canal, the mountains and the Waikiki skyline, including the Friday-night and other celebration fireworks. Direct access to the Ala Wai Promenade is available from the parking area with a key to a metal gate. The shady Promenade is ideal for exercising, taking a stroll, walking one’s pet, letting children run around, and lots of other activities, basically acting as a special backyard while being maintained by the City at no expense to the Summer Palace. Two guest parking garages totaling 13 spaces parking. The Summer Palace is in one of the best locations in Honolulu, with access to just about everything within walking distance. Sold AS IS.
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Details of Summer Palace #1701

547 sqft interior area
Property type
Condo
Interior area
547 sqft
Open Lanai area
106 sqft
View
City, Coastline, Marina/Canal, Mountain, Ocean, Sunrise, Sunset
Price per sqft
$923/sqft
Address
1848 Kahakai Dr #1701, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Condo building
Summer Palace
Year Built
1976
Sold price
$505,000
HOA dues
$636
Total Monthly fees
$636
Total area
653 sqft
nr.of parking places
1
Floor Number
17
Land tenure
FS - Fee Simple
Neighborhood
Ala Moana
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Laminate floors
Beds
1
Baths
1
Floors
Laminate
Furnished
None
Property Condition
Above Average
Remodeled Year
2023
Other Fee Includes
Electricity,Hot Water,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 1
Unit features
Corner/End, Odd# Unit, Single Level
Inclusions
Auto Garage Door Opener, Ceiling Fan, Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer

Listed by

Nagwa Saas, Nagwa Saas
(808) 395-6827
Name
Nagwa Saas
License number
RB-14273
Brokerage company
Nagwa Saas
(808) 395-6827
MLS #
202310000

Buyer agent

Name
Mary Begier
Brokerage company
Mary Begier Realty
(808) 348-5831

Payment calculator

Calculate your monthly payments
Mortgage
$1,551
Taxes
$130
HOA dues
$636
$2,317 per month
Mortgage
$101,000 / 20%
2.28%
30 years
Your amount $1,551 / month

Exterior Features

Concrete, Double Wall, Hollow Tile construction
Construction
Concrete, Double Wall, Hollow Tile

Lot details

TMK #1230360200081
Parcel nr.
1230360200081

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

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 Summer Palace #1701

$748.77k
Neighborhood average
sales price*
$533.29k
Neighborhood median
sales price*
1235
Number
of sales*
$491k
Median sale price Summer Palace*

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
16.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Summer Palace building info

Summer Palace
BBQ
Car Wash
Pool on Property
Putting Green
Resident Manager
Sauna
Also features:
security guard, trash chute, walking/jogging path, wall/fence

Other details

Security
Key, Keyed Elevator
Construction
Concrete, Double Wall, Hollow Tile
Owner occupancy percentage
33

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
0.401mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.539mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
High School
0.902mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.401mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.728mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.878mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.902mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.913mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.539mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.878mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.902mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.913mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.937mi
School rating Distance
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.902mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.913mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.937mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.955mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
1.034mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jul 25, 2023

Summer Palace Median sales price 2024

Bedrooms Med. price % of listings
1 bed $491k 100%
Date Event Price $/sqft Source
Jul 25, 2023 Sold $505,000 923.22 Public Record
Jul 25, 2023 Price Decrease $505,000 -0.79% 923.22 MLS #202310000
Jun 10, 2023 $509,000 930.53 MLS #202310000
May 14, 2023 Price Decrease $509,000 -5.04% 930.53 MLS #202310000
Apr 30, 2023 New Listing $536,000 +27.62% 979.89 MLS #202310000
Jun 6, 2016 Sold $420,000 767.82 Public Record
Jun 6, 2016 Price Decrease $420,000 -3.45% 767.82 MLS #201600497
May 31, 2016 Pending $435,000 795.25 MLS #201600497
Apr 18, 2016 Under contract $435,000 795.25 MLS #201600497
Feb 10, 2016 Price Decrease $435,000 -3.12% 795.25 MLS #201600497
Jan 11, 2016 New Listing $449,000 820.84 MLS #201600497

Taxes of 1848 Kahakai Dr #1701, Honolulu, HI, 96814

12 - A-2 Medium Density Apartme zoning / MLS #202310000
Current Property Taxes p/month
$130
Assessed Improvement value
$414,300
Assessed Land value
$32,200
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AE
Total Assessed value
$446,500

Tax History

Year Taxes Source
2022 $1,560 MLS #202310000
2015 $1,388 MLS #201600497
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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 1848 Kahakai Dr #1701, Honolulu, HI, 96814

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Summer Palace #1701

What is Summer Palace #1701?

1848 Kahakai Dr #1701, Honolulu, HI, 96814 in the Summer Palace condominium building. This is a 1 bathroom and 1 bedroom condo in the Ala Moana neighborhood. This apartment has 547 sqft interior space. This condo is located on floor number 17 with unit number 1701. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

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

Which year was this condo built?

This condo was build in 1976.

Which year was this property last sold?

This property was sold in 2023.

What is the full address of this Condo?

1848 Kahakai Dr #1701, Honolulu, HI, 96814.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.17 miles away and Palama Korean Supermarket, 0.3 miles away.

What is the neighborhood like?

The Ala Moana neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.93 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 Nagwa Saas.
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 26, 2023
Verhouse Last checked 5 minutes ago

1848 Kahakai Dr #1701, Honolulu, HI, 96814 in the Summer Palace condominium building. This is a 1 bathroom and 1 bedroom condo in the Ala Moana neighborhood. This apartment has 547 sqft interior space with City,Coastline,Marina/Canal,Mountain,Ocean,Sunrise,Sunset views. This condo is located on floor number 17 with unit number 1701. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.17 miles away and Palama Korean Supermarket, 0.3 miles away.
The Ala Moana neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.93 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $505k 1848 Kahakai Dr #1701, Honolulu, HI, 96814 1 bed / 1 baths / 547 sqft Save House Remove from Saved