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Condo sold for $425,000 in 100 days

Summer Palace #1702 1848 Kahakai Dr #1702, Honolulu, HI, 96814

Neighborhood: Ala Moana

Off the market 1 bed 1 bath 542 sqft

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Absolutely gorgeous Ocean, Canal & Marina Views from your balcony. Your covered balcony extends your living space into the refreshing outdoors where you can watch the outrigger canoes paddle by and boats sailing in and out of the harbor. Wonderful breezes fill this unit. Enjoy living at Summer Palace and its tranquil and serene location nestled along the Ala Wai Canal and its resort like amenities including recreation deck with pool and barbeque area overlooking gorgeous ocean views. Convenient guest parking with resident manager on site. Perfect location just a few blocks from white sandy beach and very close to Ala Moana Mall across the street and Hawaii Convention Center. Pet friendly.
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Details of Summer Palace #1702

542 sqft interior area
Property type
Condo
Interior area
542 sqft
Open Lanai area
106 sqft
View
Marina/Canal, Ocean
Price per sqft
$784/sqft
Address
1848 Kahakai Dr #1702, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Condo building
Summer Palace
Year Built
1976
Sold price
$425,000
HOA dues
$498
Total Monthly fees
$498
Total area
648 sqft
nr.of parking places
1
Floor Number
16
Frontage
Stream/Canal
Land tenure
FS - Fee Simple
Neighborhood
Ala Moana
District
Honolulu
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

1 parking places, Ceramic Tile, W/W Carpet floors
Beds
1
Baths
1
Floors
Ceramic Tile, W/W Carpet
Furnished
None
Property Condition
Average, Fair
Other Fee Includes
Electricity,Hot Water,Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 1, Guest
Unit features
Single Level
Inclusions
AC Window Unit, Ceiling Fan, Dishwasher, Dryer, Range Hood, Range/Oven, Refrigerator, Washer

Listed by

Tracey Anne Stott Kelley, Stott Real Estate, Inc.
Name
Tracey Anne Stott Kelley
License number
RB-16120
Brokerage company
Stott Real Estate, Inc.
MLS #
202007698

Buyer agent

Name
Jane D Le Wright
Brokerage company
Locations LLC
(808) 262-2727

Payment calculator

Calculate your monthly payments
Mortgage
$1,305
Taxes
$139
HOA dues
$498
$1,942 per month
Mortgage
$85,000 / 20%
2.28%
30 years
Your amount $1,305 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1230360200082
Parcel nr.
1230360200082

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 #1702

$744.92k
Neighborhood average
sales price*
$528.11k
Neighborhood median
sales price*
1229
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
Patio/Deck
Pool on Property
Recreation Area
Resident Manager
Sauna
Also features:
trash chute

Other details

Security
Card, Key
Style
High-Rise 7+ Stories
Construction
Concrete
Owner occupancy percentage
32

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
0.877mi
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
0.877mi
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
0.954mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
1.034mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Aug 26, 2020

Summer Palace Median sales price 2024

Bedrooms Med. price % of listings
1 bed $491k 100%
Date Event Price $/sqft Source
Aug 26, 2020 Sold $425,000 784.13 Public Record
Aug 26, 2020 Price Decrease $425,000 -5.56% 784.13 MLS #202007698
Jul 14, 2020 Under contract $450,000 830.26 MLS #202007698
Apr 6, 2020 New Listing $450,000 830.26 MLS #202007698

Taxes of 1848 Kahakai Dr #1702, Honolulu, HI, 96814

12 - A-2 Medium Density Apartme zoning / MLS #202007698
Current Property Taxes p/month
$139
Assessed Improvement value
$445,000
Assessed Land value
$30,500
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AE
Total Assessed value
$475,500

Tax History

Year Taxes Source
2019 $1,668 MLS #202007698
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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 #1702, 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 #1702

What is Summer Palace #1702?

1848 Kahakai Dr #1702, 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 542 sqft interior space. This condo is located on floor number 16 with unit number 1702. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has Marina/Canal, Ocean 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 2020.

What is the full address of this Condo?

1848 Kahakai Dr #1702, 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 Stott Real Estate, Inc..
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: Aug 26, 2020
Verhouse Last checked 3 minutes ago

1848 Kahakai Dr #1702, 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 542 sqft interior space with Marina/Canal,Ocean views. This condo is located on floor number 16 with unit number 1702. 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 $425k 1848 Kahakai Dr #1702, Honolulu, HI, 96814 1 bed / 1 baths / 542 sqft Save House Remove from Saved