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Condo sold for $510,000 in 60 days

Summer Palace #2405 1848 Kahakai Dr #2405, Honolulu, HI, 96814

Neighborhood: Ala Moana

Off the market 1 bed 1 bath 547 sqft

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SUMMER PALACE is conveniently located close to WAIKIKI and ALA MOANA shopping center yet tucked away in a quiet location along the ALA WAI CANAL with direct access from the property to walking paths. Beaches, buses, shopping and Dining are all close by. Situated on the 24th Floor, this is a perfect location to enjoy views of the Waikiki skyline. Nicely upgraded throughout the years - newer Kitchen, laminate floors for easy upkeep, expanded living room with window AC. Amenities include a Rooftop Deck, POOL and outdoor cooking area. Pet friendly (verify). Secured resident Parking plus ample guest parking. Maintenance fee includes water, sewer and electricity. Vacant and ready for IMMEDIATE OCCUPANCY. Some photos virtually staged.
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Details of Summer Palace #2405

547 sqft interior area
Property type
Condo
Interior area
547 sqft
Open Lanai area
106 sqft
View
City, Marina/Canal, Ocean
Price per sqft
$932/sqft
Address
1848 Kahakai Dr #2405, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Condo building
Summer Palace
Year Built
1976
Sold price
$510,000
HOA dues
$635
Total Monthly fees
$636
Total area
653 sqft
nr.of parking places
1
Floor Number
24
Frontage
Stream/Canal
Land tenure
FS - Fee Simple
Neighborhood
Ala Moana
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Ceramic Tile, Laminate floors
Beds
1
Baths
1
Floors
Ceramic Tile, Laminate
Furnished
Partial
Property Condition
Above Average
Remodeled Year
2013
Other Fee Includes
Electricity,Hot Water,Other Common Expenses,Sewer,Water
Occupancy
Vacant
Garage & Parking
Assigned, Covered - 1, Guest, Secured Entry, Street
Unit features
Odd# Unit, Single Level
Inclusions
AC Window Unit, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Dishwasher, Disposal, Dryer, Other, Range Hood, Range/Oven, Refrigerator, Smoke Detector

Listed by

Elizabeth C Makanani, Corcoran Pacific Properties
(808) 589-2040
Name
Elizabeth C Makanani
License number
RB-16862
Brokerage company
Corcoran Pacific Properties
(808) 589-2040
MLS #
202318940

Buyer agent

Name
Patrick Longley
Brokerage company
eXp Realty
(808) 546-0228

Payment calculator

Calculate your monthly payments
Mortgage
$1,566
Taxes
$103
HOA dues
$636
$2,304 per month
Mortgage
$102,000 / 20%
2.28%
30 years
Your amount $1,566 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1230360200141
Parcel nr.
1230360200141

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 #2405

$748.5k
Neighborhood average
sales price*
$530k
Neighborhood median
sales price*
1241
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
Condo Association Pool
Patio/Deck
Putting Green
Recreation Area
Also features:
resident manager, security guard, trash chute

Other details

Security
Key, Security Patrol, Video
Construction
Concrete
Owner occupancy percentage
35

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 Sep 28, 2023

Summer Palace Median sales price 2024

Bedrooms Med. price % of listings
1 bed $491k 100%
Date Event Price $/sqft Source
Sep 28, 2023 Sold $510,000 932.36 Public Record
Aug 18, 2023 $510,000 932.36 MLS #202318940
Aug 9, 2023 New Listing $510,000 +9.68% 932.36 MLS #202318940
Jun 18, 2021 Sold $465,000 717.59 Public Record
Jun 18, 2021 Price Decrease $465,000 -2.08% 717.59 MLS #202112463
Jun 10, 2021 Pending $474,900 732.87 MLS #202112463
May 17, 2021 Under contract $474,900 732.87 MLS #202112463
May 17, 2021 New Listing $474,900 732.87 MLS #202112463
Jul 3, 2020 Rented $1,850 2.77 MLS #202012782
Jul 3, 2020 Withdrawn $474,900 732.87 MLS #202008041
Jun 29, 2020 Price Decrease $1,850 -2.63% 2.77 MLS #202012782
Jun 10, 2020 New Listing $1,900 2.84 MLS #202012782
Apr 12, 2020 New Listing $474,900 +21.77% 732.87 MLS #202008041
Aug 15, 2007 Sold $390,000 601.85 Public Record
Aug 15, 2007 Price Decrease $390,000 -4.88% 601.85 MLS #2622623
Jun 27, 2007 Expired $410,000 632.72 MLS #2622623
Jan 27, 2007 Pending $410,000 632.72 MLS #2622623
Dec 27, 2006 New Listing $410,000 +70.12% 632.72 MLS #2622623
Feb 20, 2004 Sold $241,000 440.59 Public Record
Feb 20, 2004 Price Decrease $241,000 -3.6% 440.59 MLS #2306726
Jan 8, 2004 Pending $250,000 457.04 MLS #2306726
May 28, 2003 New Listing $250,000 457.04 MLS #2306726

Taxes of 1848 Kahakai Dr #2405, Honolulu, HI, 96814

12 - A-2 Medium Density Apartme zoning / MLS #202318940
Current Property Taxes p/month
$102
Assessed Improvement value
$489,700
Assessed Land value
$35,900
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AE
Total Assessed value
$525,600

Tax History

Year Taxes Source
2023 $1,231 MLS #202318940
2020 $1,704 MLS #202112463
2019 $1,704 MLS #202008041
2006 $924 MLS #2622623
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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 #2405, 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 #2405

What is Summer Palace #2405?

1848 Kahakai Dr #2405, 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 24 with unit number 2405. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, 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 2023.

What is the full address of this Condo?

1848 Kahakai Dr #2405, 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 Corcoran Pacific Properties.
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: Sep 28, 2023
Verhouse Last checked 1 minute ago

1848 Kahakai Dr #2405, 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,Marina/Canal,Ocean views. This condo is located on floor number 24 with unit number 2405. 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 $510k 1848 Kahakai Dr #2405, Honolulu, HI, 96814 1 bed / 1 baths / 547 sqft Save House Remove from Saved