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Condo sold for $755,000 in 74 days

Waikiki Banyan #2003 201 Ohua Ave #2003, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 1 bed 1 bath 589 sqft

Do you own this home?

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If you're looking for a place to own in Waikiki, you might want to check out this vacation rental unit in the Waikiki Banyan. It's a legal short-term rental, and it's been recently renovated (in 2020). The unit has two full-size beds, a sofa, a refrigerator, a slide-in range, and a range microwave and one parking. It's located just one block from the beach, and there are plenty of shops and restaurants nearby. The only thing to keep in mind is that there's a special Sandwhich lease on the property that lasts until 2035, (just $52.20 per month). Overall, it's a great opportunity to own a piece of paradise in Hawaii!This is Fee simple unit with Becker sandwich lease which will expire in 2035 (Lease Rent: $52.20/month) (Waikiki Banyan owners may currently rent short-term)(Buyers are advise to due diligence).
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Details of Waikiki Banyan #2003

589 sqft interior area
Property type
Condo
Interior area
589 sqft
Open Lanai area
67 sqft
View
Diamond Head
Price per sqft
$1,281/sqft
Address
201 Ohua Ave #2003, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
Waikiki Banyan
Year Built
1977
Sold price
$755,000
HOA dues
$722
Total Monthly fees
$774
Total area
656 sqft
nr.of parking places
1
Floor Number
20
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Ceramic Tile floors
Beds
1
Baths
1
Floors
Ceramic Tile
Furnished
Full
Property Condition
Excellent
Remodeled Year
2020
Other Fee Includes
Cable TV,Electricity,Hot Water,Internet Service,Sewer,Water
Occupancy
Vacant
Garage & Parking
Unassigned
Unit features
Bedroom on 1st Level
Inclusions
AC Window Unit, Ceiling Fan, Kitchenware, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector

Listed by

Paul D Sebastian, Agora Hawaii
(808) 800-4152
Name
Paul D Sebastian
License number
RS-75423
Brokerage company
Agora Hawaii
(808) 800-4152
MLS #
202401237

Buyer agent

Name
Shelly Watanabe Moore
Brokerage company
House Plus LLC
(808) 953-4703

Payment calculator

Calculate your monthly payments
Mortgage
$2,319
Taxes
$165
HOA dues
$722
$3,206 per month
Mortgage
$151,000 / 20%
2.28%
30 years
Your amount $2,319 / month

Exterior Features

Concrete, Steel Frame construction
Construction
Concrete, Steel Frame

Lot details

TMK #1260250050181
Parcel nr.
1260250050181

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
220,391
Population
$126,265
Average Income

Age & gender

Median age 45 years
More info

Commute types

65% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

3% 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 Waikiki Banyan #2003

$817.3k
Neighborhood average
sales price*
$545.74k
Neighborhood median
sales price*
1155
Number
of sales*
$761.5k
Median sale price Waikiki Banyan*

Housing type

61% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

44% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
13.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Waikiki Banyan building info

Waikiki Banyan
BBQ
Community Association Pool
Community Laundry
Fire Sprinkler
Playground
Pool on Property
Also features:
resident manager, security guard, trash chute, whirlpool

Other details

Construction
Concrete, Steel Frame
Owner occupancy percentage
9

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.133mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.256mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
High School
0.356mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.133mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.231mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.256mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.356mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.708mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.256mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.356mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.708mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.984mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
1.164mi
School rating Distance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.356mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.708mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.861mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.984mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.174mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Mar 13, 2024

Waikiki Banyan Median sales price 2024

Bedrooms Med. price % of listings
1 bed $767.5k 100%
Date Event Price $/sqft Source
Mar 13, 2024 Sold $755,000 1281.83 Public Record
Mar 13, 2024 Price Decrease $755,000 -1.95% 1281.83 MLS #202401237
Feb 13, 2024 $770,000 1307.3 MLS #202401237
Jan 22, 2024 New Listing $770,000 +17.02% 1307.3 MLS #202401237
Nov 18, 2022 Sold $658,000 1117.15 Public Record
Oct 6, 2022 Pending $658,000 1117.15 MLS #202220660
Oct 3, 2022 New Listing $658,000 1117.15 MLS #202220660

Taxes of 201 Ohua Ave #2003, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202401237
Current Property Taxes p/month
$165
Assessed Improvement value
$441,400
Assessed Land value
$109,000
Land Recorded
Dual Systems
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$550,400

Tax History

Year Taxes Source
2023 $1,980 MLS #202401237
2022 $1,764 MLS #202220660
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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 201 Ohua Ave #2003, Honolulu, HI, 96815

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Waikiki Banyan #2003

What is Waikiki Banyan #2003?

201 Ohua Ave #2003, Honolulu, HI, 96815 in the Waikiki Banyan condominium building. This is a 1 bathroom and 1 bedroom condo in the Waikiki neighborhood. This apartment has 589 sqft interior space. This condo is located on floor number 20 with unit number 2003. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has Diamond Head views.

Which year was this condo built?

This condo was build in 1977.

Which year was this property last sold?

This property was sold in 2024.

What is the full address of this Condo?

201 Ohua Ave #2003, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.35 miles away and Dukes Lane Market & Eatery, 0.5 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 220,391, and 30% of the families have children. The median age is 45.14 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Agora Hawaii.
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: Mar 13, 2024
Verhouse Last checked less than a minute ago

201 Ohua Ave #2003, Honolulu, HI, 96815 in the Waikiki Banyan condominium building. This is a 1 bathroom and 1 bedroom condo in the Waikiki neighborhood. This apartment has 589 sqft interior space with Diamond Head views. This condo is located on floor number 20 with unit number 2003. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.35 miles away and Dukes Lane Market & Eatery, 0.5 miles away.
The Waikiki neighborhood has a population of 220,391, and 30% of the families have children. The median age is 45.14 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Condo Sold $755k 201 Ohua Ave #2003, Honolulu, HI, 96815 1 bed / 1 baths / 589 sqft Save House Remove from Saved