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Condo sold for $825,000 in 53 days

The Watermark #506 1551 Ala Wai Blvd #506, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 2 beds 2 baths 1,118 sqft

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Great Buy in luxury bldg in Waikiki. Spacious corner unit w/ beautiful garden view. Large living room w/ lanai. Both bedrooms are on cooler side. Bathtub and shower in Master bath. Granite counter tops in kitchen and bathroom. Extra window by kitchen and master bedroom. Furniture included. Bldg is in Waikiki but in quiet location because it's not on Ala Moana Blvd. 2 park stalls. Resort like ground and amenities. Infinity pool. Lush gardens w/BBQ cabana to have garden party, gym, conference room w/big TV. Friendly & helpful security staff. Conveniently located. Close to the Ala Moana park/beach, shopping malls, restaurants, and walk along canal. Walk to Waikiki main strip to enjoy activities and night life. You'll enjoy living here.
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Details of The Watermark #506

1,118 sqft interior area
Property type
Condo
Interior area
1,118 sqft
Open Lanai area
67 sqft
View
Garden
Price per sqft
$737/sqft
Address
1551 Ala Wai Blvd #506, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
The Watermark
Year Built
2008
Sold price
$825,000
HOA dues
$1,496
Total Monthly fees
$1,496
Total area
1,185 sqft
nr.of parking places
2
Floor Number
5
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu
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Open Houses

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Interior Features

2 parking places, Other, W/W Carpet floors
Beds
2
Baths
2
Floors
Other, W/W Carpet
Furnished
Full
Property Condition
Above Average
Other Fee Includes
Cable TV,Internet Service,Other Common Expenses,Sewer,Water
Occupancy
Tenant
Garage & Parking
Assigned, Garage, Open - 2, Secured Entry
Unit features
Central AC, Corner/End, Even# Unit, Single Level
Inclusions
AC Central, Auto Garage Door Opener, Dishwasher, Disposal, Dryer, Intercom, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater

Listed by

Nicole Inja Choi, Locations LLC
Name
Nicole Inja Choi
License number
RB-15578
Brokerage company
Locations LLC
MLS #
202116149

Payment calculator

Calculate your monthly payments
Mortgage
$2,533
Taxes
$272
HOA dues
$1,496
$4,301 per month
Mortgage
$165,000 / 20%
2.28%
30 years
Your amount $2,533 / month

Exterior Features

Concrete, Slab construction
Construction
Concrete, Slab

Lot details

TMK #1260110010025
Parcel nr.
1260110010025

Waikiki 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 Waikiki

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 The Watermark #506

$743.41k
Neighborhood average
sales price*
$525.6k
Neighborhood median
sales price*
1239
Number
of sales*
$1.35m
Median sale price The Watermark*

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
14.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

The Watermark building info

The Watermark
BBQ
Exercise Room
Heated Pool
Meeting Room
Private Yard
Recreation Area
Also features:
resident manager, sauna, security guard, trash chute, wall/fence, whirlpool

Other details

Security
Key, Keyed Elevator, Security Patrol, Video
Style
High-Rise 7+ Stories
Construction
Concrete, Slab
Owner occupancy percentage
83

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
0.498mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.655mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.936mi
School rating Distance
5
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.498mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.724mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.936mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.992mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.994mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.655mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.936mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.992mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.994mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.018mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.936mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
1.018mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
1.028mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
1.068mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
1.107mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Aug 4, 2021

The Watermark Median sales price 2024

Bedrooms Med. price % of listings
2 beds $1.35m 100%
Date Event Price $/sqft Source
Aug 4, 2021 Sold $825,000 737.92 Public Record
Aug 4, 2021 Price Decrease $825,000 -2.83% 737.92 MLS #202116149
Jul 1, 2021 Under contract $849,000 759.39 MLS #202116149
Jun 22, 2021 New Listing $849,000 759.39 MLS #202116149

Taxes of 1551 Ala Wai Blvd #506, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202116149
Current Property Taxes p/month
$271
Assessed Improvement value
$644,500
Assessed Land value
$227,400
Land Recorded
Dual Systems
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$871,900

Tax History

Year Taxes Source
2020 $3,260 MLS #202116149
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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 1551 Ala Wai Blvd #506, Honolulu, HI, 96815

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Open floorplan
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Frequently Asked Questions about The Watermark #506

What is The Watermark #506?

1551 Ala Wai Blvd #506, Honolulu, HI, 96815 in the The Watermark condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 1,118 sqft interior space. This condo is located on floor number 5 with unit number 506. 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 2008.

Which year was this property last sold?

This property was sold in 2021.

What is the full address of this Condo?

1551 Ala Wai Blvd #506, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.14 miles away and ABC, 0.31 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 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 Locations 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: Aug 04, 2021
Verhouse Last checked less than a minute ago

1551 Ala Wai Blvd #506, Honolulu, HI, 96815 in the The Watermark condominium building. This is a 2 bathrooms and 2 bedroom condo in the Waikiki neighborhood. This apartment has 1,118 sqft interior space with Garden views. This condo is located on floor number 5 with unit number 506. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.14 miles away and ABC, 0.31 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.92 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Condo Sold $825k 1551 Ala Wai Blvd #506, Honolulu, HI, 96815 2 beds / 2 baths / 1,118 sqft Save House Remove from Saved