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Condo sold for $855,000 in 41 days

Waikiki Sunset #2712 229 Paoakalani Ave #2712, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 1 bed 1 bath 534 sqft

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Nothing was spared in this one-of-a-kind remodel - a legal short-term vacation rental - which comes with 1 parking stall. Extremely high occupancy and outstanding cash flow (phenomenal Cap Rate). Sold fully furnished.
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Details of Waikiki Sunset #2712

534 sqft interior area
Property type
Condo
Interior area
534 sqft
Open Lanai area
67 sqft
View
City, Coastline, Diamond Head, Ocean
Price per sqft
$1,601/sqft
Address
229 Paoakalani Ave #2712, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
Waikiki Sunset
Year Built
1979
Sold price
$855,000
HOA dues
$810
Total Monthly fees
$811
Total area
601 sqft
nr.of parking places
1
Floor Number
27
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu

Open Houses

No upcoming open houses

Interior Features

1 parking places, Ceramic Tile, Vinyl, W/W Carpet floors
Beds
1
Baths
1
Floors
Ceramic Tile, Vinyl, W/W Carpet
Furnished
Full
Property Condition
Excellent
Remodeled Year
2022
Other Fee Includes
AC Central,Electricity,Sewer,Water
Occupancy
Tenant
Garage & Parking
Covered - 1, Unassigned
Unit features
Central AC, Single Level
Inclusions
AC Central, Blinds, Cable TV, Ceiling Fan, Disposal, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector

Listed by

Kristian Nielsen, Hawaii Living LLC
(808) 943-9000
Name
Kristian Nielsen
License number
RS-75438
Brokerage company
Hawaii Living LLC
(808) 943-9000
MLS #
202402922

Buyer agent

Name
Bryan J Vukelich
Brokerage company
Halepuna Real Estate Hawaii
(808) 255-5356

Payment calculator

Calculate your monthly payments
Mortgage
$2,626
Taxes
$161
HOA dues
$811
$3,598 per month
Mortgage
$171,000 / 20%
2.28%
30 years
Your amount $2,626 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1260280110286
Parcel nr.
1260280110286

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 Sunset #2712

$815.16k
Neighborhood average
sales price*
$544.66k
Neighborhood median
sales price*
1145
Number
of sales*
$650k
Median sale price Waikiki Sunset*

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 Sunset building info

Waikiki Sunset
BBQ
Condo Association Pool
Exercise Room
Security Guard
Trash Chute

Other details

Security
Card, Video
Construction
Concrete
Owner occupancy percentage
5

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
0.082mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.205mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
High School
0.305mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.082mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.178mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.205mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.305mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.748mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.205mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.305mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.748mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.943mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
1.144mi
School rating Distance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.305mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.748mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.874mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.943mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.181mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Mar 8, 2024

Waikiki Sunset Median sales price 2024

Bedrooms Med. price % of listings
1 bed $655k 83.33%
2 beds $935k 16.67%
Date Event Price $/sqft Source
Mar 8, 2024 Sold $855,000 1601.12 Public Record
Feb 7, 2024 $855,000 1601.12 MLS #202402922
Feb 7, 2024 Price Increase $855,000 +3.14% 1601.12 MLS #202402922
Feb 4, 2024 Price Decrease $829,000 -5.69% 1552.43 MLS #202402922
Feb 2, 2024 New Listing $879,000 +0.46% 1646.07 MLS #202402922
Nov 29, 2022 Withdrawn $875,000 1638.58 MLS #202222071
Nov 27, 2022 Price Increase $875,000 +3.06% 1638.58 MLS #202222071
Oct 26, 2022 New Listing $849,000 +52.97% 1589.89 MLS #202222071
Apr 29, 2022 Sold $555,000 1039.33 Public Record
Apr 29, 2022 Price Decrease $555,000 -1.77% 1039.33 MLS #202123455
Mar 29, 2022 Pending $565,000 1058.05 MLS #202123455
Feb 9, 2022 Price Decrease $565,000 -5.68% 1058.05 MLS #202123455
Nov 1, 2021 Price Decrease $599,000 -4.16% 1121.72 MLS #202123455
Sep 20, 2021 Price Decrease $625,000 -7.41% 1170.41 MLS #202123455
Sep 8, 2021 New Listing $675,000 +60.71% 1264.04 MLS #202123455
Dec 31, 2020 Sold $420,000 786.52 Public Record
Dec 31, 2020 Price Decrease $420,000 -6.67% 786.52 MLS #202019968
Dec 15, 2020 Under contract $450,000 842.7 MLS #202019968
Oct 21, 2020 Price Decrease $450,000 -5.26% 842.7 MLS #202019968
Oct 12, 2020 Price Decrease $475,000 -9.52% 889.51 MLS #202019968
Sep 7, 2020 Price Decrease $525,000 -4.55% 983.15 MLS #202019968
Aug 17, 2020 Price Decrease $550,000 -8.33% 1029.96 MLS #202019968
Aug 7, 2020 New Listing $600,000 -7.69% 1123.6 MLS #202019968
Nov 2, 2019 Unavailable $650,000 1081.53 MLS #201903780
Apr 8, 2019 Sold $650,000 1217.23 Public Record
Mar 21, 2019 Under contract $688,000 1288.39 MLS #201903780
Feb 14, 2019 New Listing $688,000 +25.09% 1288.39 MLS #201903780
Apr 19, 2016 Withdrawn $550,000 1029.96 MLS #201601053
Jan 21, 2016 New Listing $550,000 +37.5% 1029.96 MLS #201601053
May 6, 2008 Sold $400,000 749.06 Public Record
May 6, 2008 Price Increase $400,000 +3.9% 749.06 MLS #2804696
Apr 16, 2008 Pending $385,000 720.97 MLS #2804696
Mar 23, 2008 Under contract $385,000 720.97 MLS #2804696
Mar 18, 2008 New Listing $385,000 720.97 MLS #2804696

Taxes of 229 Paoakalani Ave #2712, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202402922
Current Property Taxes p/month
$161
Assessed Improvement value
$553,300
Assessed Land value
$81,600
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Total Assessed value
$634,900

Tax History

Year Taxes Source
2023 $1,932 MLS #202402922
2022 $1,896 MLS #202222071
2020 $1,908 MLS #202019968
2018 $1,743 MLS #201903780
2015 $1,596 MLS #201601053
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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 229 Paoakalani Ave #2712, Honolulu, HI, 96815

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Stunning views
Open floorplan
Needs Work
Street noise
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Frequently Asked Questions about Waikiki Sunset #2712

What is Waikiki Sunset #2712?

229 Paoakalani Ave #2712, Honolulu, HI, 96815 in the Waikiki Sunset condominium building. This is a 1 bathroom and 1 bedroom condo in the Waikiki neighborhood. This apartment has 534 sqft interior space. This condo is located on floor number 27 with unit number 2712. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Coastline, Diamond Head, Ocean views.

Which year was this condo built?

This condo was build in 1979.

Which year was this property last sold?

This property was sold in 2024.

What is the full address of this Condo?

229 Paoakalani Ave #2712, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.41 miles away and Dukes Lane Market & Eatery, 0.55 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 45.2 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 Hawaii Living 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: Mar 08, 2024
Verhouse Last checked 5 minutes ago

229 Paoakalani Ave #2712, Honolulu, HI, 96815 in the Waikiki Sunset condominium building. This is a 1 bathroom and 1 bedroom condo in the Waikiki neighborhood. This apartment has 534 sqft interior space with City,Coastline,Diamond Head,Ocean views. This condo is located on floor number 27 with unit number 2712. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.41 miles away and Dukes Lane Market & Eatery, 0.55 miles away.
The Waikiki neighborhood has a population of 220,391, and 30% of the families have children. The median age is 45.2 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Condo Sold $855k 229 Paoakalani Ave #2712, Honolulu, HI, 96815 1 bed / 1 baths / 534 sqft Save House Remove from Saved