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Alakea Corporate Tower 1100 Alakea Street Unit PH1 Honolulu HI 96813 - Condo

Expired 215 Days * $2,999,500 * Rebate: $17,997 * Metro * Alakea Corporate Tower * 1100 Alakea Street PH1 * http://www.OahuRE.com/s?2908372CND

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MLS#: 2908372 Beds: 2 Baths: 2 Half: 1 Address: 1100 Alakea Street PH1 Honolulu HI 96813
Status: Expired * Compare Living Sq Ft: 4,383 Region: Metro
Price: $2,999,500 * Rebate: $17,997 * FS - Fee Simple Land Sq Ft: 26,309 Neighborhood: Downtown * Alakea Corporate Tower
 
Original: $3,750,000 Days: 215 List Date: 06-19-2009 Monthly Tax: $1,111 Year: 2008
Change: $-750,500    -20.01% Year Built: 1993 Remodeled: Land: FS - Fee Simple
Parcel#: 1-2-1-010-005-0053 * Tax Info View: City, Coastline, Diamond Head, Ocean, Sunrise Condition: Excellent
 
Description: PRICE REDUCED!! Unique Opportunity to purchase the entire floor of the Penthouse suite consisting of both a luxurious Penthouse residence plus an additional 2,000 sq ft Class A office space. PH residence has 2 master bedroom suites with en suite baths, upgraded & custom design furnishings by top Honolulu designer. Includes 6 parking stalls.
 
Inclusions: AC Central, Blinds, Book Shelves, Cable TV, Chandelier, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer Amenities: None Utilities: Additional Rooms: Construction: Concrete Lot Description: Floor: Marble/Granite, W/W Carpet Disclosures: Property Disclosure Stmt Land Recorded: Land Court Furnished: Full Possession: At Closing Terms: Cash, Conventional Listing Courtesy: Jack Tyrrell & Company Sale Conditions: Pet Friendly: No * (Pet Friendly List) Occupany: 0% Number of Parking Spaces: 6 Parking Spaces Number: inquire Floor Number: 32 Elevators: 3 Management Company Name & Phone: Hawaiiana 593-9100
 
Sold Price: Land: $207,000 Frontage:
Closed: Building: $867,400   Pool:
Sold Ratio: Assessed Total: $1,074,400   Location:
Concession: Assessed Ratio: 279.18% Parking: Assigned, Garage, Guest, Secured Entry
 
Elementary: Kaahumanu * Honolulu Magazine Rankings * School Website Area Total: 26,309 Building Style: High-Rise 7+ Stories
Middle: Stevenson * School Website Acres: 0.6040 Building: Alakea Corporate Tower
High: Mckinley * School Website Topography: New Const: No
 
Maint. Fee: $3,124 Other: 0 Stories: CPR: No
Includes: AC Central,Electricity,Sewer,Water Lanai Sq Ft: 0 Zoning:
Assoc. Fee: $0 Garage Sq Ft: 0 Flood Zone: Zone X  Flood Hazard Tool
Other Fee: $0 Avg Sq Ft Living: $684.35 Roofing:
Includes: AC Central, Electricity, Sewer, Water Avg Sq Ft Land: $114.01 Set-Backs: Roads:
Total Fees: $3,124 Security: Card, Key, Keyed Elevator Easements:
Exemption: 0 Rental Income: $0    
 
Links: Google Maps, Schools, Private Schools, Hospitals, Restaurants, Gyms, Shopping, Attractions, Beaches, Churches, Tax
Tax Info: Assessed Values, Floor Plan, Parcel Map, Sales History, Summary
Commuting: Waikiki, Downtown, Ala Moana, Airport, Kapolei, Hawaii Kai, Kailua Town, Windward Mall, Waikele, North Shore
  Barbers Point, Camp Smith, Fort Shafter, Hickam, Lualualei, K-Bay Marine, Pearl Harbor, Schofield, Trippler, Wheeler, VA Mortgage Info
Costs: Estimated Closing Cost for Buyer: Escrow: $2,288, Title Insurance: $2,583, Lender Title Insurance: $250, Lender Fee: $595, 1 Point on Loan (assumes 10% down): $26,996, Appraisal: $650, Home Inspection: $350, Closing Reserve: $350, Taxes: $6,666, Maintenance Fee: $3,124, HOA Transfer Fee: $350, Other Fees: $200, Estimated Closing Costs: $44,402, Less OahuRE.com Rebate: $17,997, Total Estimated Closing Costs: $26,405
Costs: Estimated Closing Cost for Seller: 4.5% Commission: $134,978, Escrow: $2,288, Title Insurance: $3,875, Conveyance Tax: $14,998, Survey: $0, Termite Inspection: $350, Other Fees: $50, Total Estimated Closing Costs: $157,138

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Property History
Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
04-26-2012 1111087 Sold Sold $2,600,000 $2,500,000 $1,111,300 $195,500 $915,800
03-01-2012 1111087 Pending Active Sold $2,600,000 $2,500,000 $1,111,300 $195,500 $915,800
09-12-2011 1111087 New Listing Active Active $2,600,000 $2,500,000 $1,111,300 $195,500 $915,800
09-08-2011 1106380 Withdrawn Active Withdrawn $2,750,000 $0 $1,111,300 $195,500 $915,800
05-25-2011 1106380 New Listing Active Active $2,750,000 $0 $1,111,300 $195,500 $915,800
01-20-2010 2908372 Expired Active Expired $2,999,500 $0 $1,074,400 $207,000 $867,400
12-23-2009 2908372 Price Decrease $3,495,000 $2,999,500 $2,999,500 $0 $1,074,400 $207,000 $867,400
11-30-2009 2908372 Price Decrease $3,750,000 $3,495,000 $2,999,500 $0 $1,074,400 $207,000 $867,400
06-19-2009 2908372 New Listing $3,750,000 Active $2,999,500 $0 $1,074,400 $207,000 $867,400
05-29-2009 2904545 Withdrawn Active Withdrawn $3,750,000 $0 $1,074,400 $207,000 $867,400
07-01-2008 2805473 Withdrawn In Escrow Withdrawn $3,600,000 $0 $1,020,600 $189,800 $830,800
05-13-2008 2805473 In Escrow Active In Escrow $3,600,000 $0 $1,020,600 $189,800 $830,800
04-01-2008 2805473 New Listing Active Active $3,600,000 $0 $1,020,600 $189,800 $830,800
03-24-2008 2801434 Withdrawn Active Withdrawn $3,300,000 $0 $1,020,600 $189,800 $830,800
01-22-2008 2801434 New Listing Active Active $3,300,000 $0 $1,020,600 $189,800 $830,800
01-04-2008 2718943 Withdrawn Active Withdrawn $3,300,000 $0 $1,020,600 $189,800 $830,800
12-12-2007 2718943 Price Decrease $4,200,000 $3,300,000 $3,300,000 $0 $1,020,600 $189,800 $830,800
10-23-2007 2718943 Price Increase $42,000 $4,200,000 $3,300,000 $0 $1,020,600 $189,800 $830,800
10-23-2007 2718943 New Listing $42,000 Active $3,300,000 $0 $1,020,600 $189,800 $830,800


Estimated Monthly Payment

Rate:
3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 6.00%
0% Down
$13,891$14,320$14,756$15,198$15,647$16,102$16,563$17,031$17,984
3.5% Down
$13,405$13,819$14,239$14,666$15,099$15,538$15,984$16,435$17,354
10% Down
$12,502$12,888$13,280$13,678$14,082$14,492$14,907$15,328$16,185
20% Down
$11,113$11,456$11,805$12,158$12,517$12,882$13,251$13,625$14,387
30% Down
$9,724$10,024$10,329$10,639$10,953$11,271$11,594$11,922$12,588
40% Down
$8,335$8,592$8,853$9,119$9,388$9,661$9,938$10,218$10,790
50% Down
$6,946$7,160$7,378$7,599$7,823$8,051$8,282$8,515$8,992
View OahuRE Mortgage Calculator


Mortgage Interest Savings with Extra Payment

Extra Monthly
Payment
Interest Saved
Total
Interest Saved
10 Years
Interest Saved
15 Years
Interest Saved
20 Years
$0 $0 $0 $0 $0
$100 $39,208 $3,120 $7,641 $14,812
$200 $76,759 $6,240 $15,283 $29,625
$300 $112,753 $9,359 $22,924 $44,437
Based on a $2,399,600 loan, 4.5% interest rate, 30 year conventional loan.

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Comparables for 1100 Alakea Street PH1 Honolulu HI 96813

Select Comparables in the same Building with the same Bedrooms and within 10 Floors

0 comparables found between floor 22 and 42 with 2 bedrooms in the Alakea Corporate Tower Building.

Select Comparables in the same Building by Price

0 comparables found priced between $2,849,525 and $3,149,475 in the Alakea Corporate Tower Building.

0 comparables found priced between $2,699,550 and $3,299,450 in the Alakea Corporate Tower Building.

0 comparables found priced between $2,549,575 and $3,449,425 in the Alakea Corporate Tower Building.

0 comparables found priced between $2,399,600 and $3,599,400 in the Alakea Corporate Tower Building.

Select Comparables in the Building by Living Square Feet

0 comparables found living square feet between 4,164 and 4,602 in the Alakea Corporate Tower Building.

0 comparables found living square feet between 3,945 and 4,821 in the Alakea Corporate Tower Building.

0 comparables found living square feet between 3,726 and 5,040 in the Alakea Corporate Tower Building.

0 comparables found living square feet between 3,506 and 5,260 in the Alakea Corporate Tower Building.

Select Comparables in the Neighborhood by Price

0 comparables found priced between $2,849,525 and $3,149,475 in the Downtown Neighborhood.

0 comparables found priced between $2,699,550 and $3,299,450 in the Downtown Neighborhood.

1 comparables found priced between $2,549,575 and $3,449,425 in the Downtown Neighborhood.

1 comparables found priced between $2,399,600 and $3,599,400 in the Downtown Neighborhood.

Select Comparables in the Region by Price

12 comparables found priced between $2,849,525 and $3,149,475 in the Metro Region.

26 comparables found priced between $2,699,550 and $3,299,450 in the Metro Region.

35 comparables found priced between $2,549,575 and $3,449,425 in the Metro Region.

45 comparables found priced between $2,399,600 and $3,599,400 in the Metro Region.

Select Comparables in the Neighborhood by Living Square Feet

0 comparables found living square feet between 4,164 and 4,602 in the Downtown Neighborhood.

0 comparables found living square feet between 3,945 and 4,821 in the Downtown Neighborhood.

0 comparables found living square feet between 3,726 and 5,040 in the Downtown Neighborhood.

0 comparables found living square feet between 3,506 and 5,260 in the Downtown Neighborhood.

Select Comparables in the Region by Living Square Feet

1 comparables found living square feet between 4,164 and 4,602 in the Metro Region.

3 comparables found living square feet between 3,945 and 4,821 in the Metro Region.

3 comparables found living square feet between 3,726 and 5,040 in the Metro Region.

4 comparables found living square feet between 3,506 and 5,260 in the Metro Region.

Popular Yelp Links Sorted by Review Count Near Alakea Corporate Tower 1100 Alakea Street Unit PH1

     Most Popular, Restaurants, Shopping, Arts & Entertainment, Active Life Activities



Neighborhood Charts

Condo/Townhouse Sold Ratio - Percentage of Original Price It Sold At

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Condo/Townhouse Days on Market before Sold

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Condo/Townhouse Active Price Range

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Condo/Townhouse Sold Price Range

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Condo/Townhouse Active Living Square Feet

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Condo/Townhouse Sold Living Square Feet

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Neighborhood Interview from a neighbor who lives there.

What factors influenced your decision to move to the Downtown neighborhood?

I was going to be working in Downtown, so ideally I want to live somewhere where I would be able to walk to work. I like the convenience factor of being able to walk to the grocery store, walk to Chinatown. It's just very central. We're right next to the Pali and we can easily drive to the windward side as well. Very convenient.

How does it compare to where you lived before?

We actually moved here from the mainland, from San Diego. It was very different. In San Diego, we were just a couple of hundred yards from the beach, the boardwalk. So it was a pretty vast difference.

In San Diego, you were still near the ocean. Do you consider Downtown near the ocean? Where do you go to the beach?

We drive to Ala Moana most of the time, so it's still very close. It's a couple minutes drive.

How is parking there? Is there always parking available on weekends?

In the building where we live, we always have plenty of parking. But whenever we want to go down to the beach, sometimes it would be a little bit of a struggle. We just have to get there early enough to make sure we have parking.

Do you walk or do you take the car to grocery stores? How is the traffic there if you do take the car?

I walk because the building we're in is right across Safeway, right by Nuuanu. I literally pretty much walk straight across the street and do my shopping. It's so convenient. I don't have a car, so anywhere I need to go I either walk, or I wait for my husband on the weekends and that's when we drive somewhere.

So other than getting over to Ala Moana or somewhere else on weekends, you didn't really need the car?

That's right. It actually saved us quite a bit of money.

Do you have any concerns with crime in the neighborhood?

There are some pockets where I probably would stay away from if I was going to be walking at night time. There are some areas where I wouldn't go by myself, being a woman, at night time. But in the daytime, everything is fine. I've never had any issue. I'd just recommend women to be a little bit cautious at night time about certain neighborhoods in Downtown or Chinatown to walk by themselves. But that could happen anywhere.

How is the noise level like?

In the building where we live, we're actually on the side right by the Pali, so ours is probably a little bit noisier. There are three towers in this particular building, so I think if we were at one of the other towers, it wouldn't be so noisy. We just have a little bit of traffic noise from the Pali.

You don't get noise from planes or anything, it's just mainly traffic noise?

Yes.

What are the things you like best about your neighborhood?

I particularly like the grounds of our building. We're living at Queen Emma Gardens. The grounds are amazing. We have a great pool, a nice kiddie pool, nice green garden areas to walk around. On top of that, I really like the convenience factor of not needing to have car, being able to walk to grocery shopping, walk to Chinatown, and walk to my work.

If you'd like to change something about your neighborhood, what would you like to change about it?

One of the factors for me is that I can't walk to the beach. And at night time on the weekdays, downtown kind of shuts down. It's really for the business people. It's more active in the daytime. On the weekends, they have some bars and clubs that are open. But on the weekdays, there really isn't much to do after work hours because everything shuts down after the businesses close.

What are your neighbors like? Did you get to know some neighbors?

I guess one drawback of living in a high rise is that it does seem like people are very private. They just go into their apartments and close the door. We didn't really get to know our neighbors very well. But for someone who likes to have privacy, it's maybe a good thing.

Any nearby favorite restaurants that you like to eat at?

There's a place called JJ Dolan's that has great pizza. It's like a little bar, but they're known for their pizzas. It's really good, like homemade style pizzas. There are a few bars and some nice restaurants--there's Du Vin.

You mentioned Safeway for grocery shopping. Any other places to shop nearby?

For most of my produce, it's just so much more economical to go to Chinatown. For the other goods, we have everything that we need at Safeway. There's a Longs too, so we really have everything. It's pretty convenient.

Are there any events in your neighborhood or nearby that you like to take part in?

There are, but we're not involved too much. We're just kind of getting settled here from the mainland. We're just really focusing on our work and getting relocated.

You're probably walking distance to get to see the Christmas parade, I would assume, because that kind of goes right down that street through Chinatown, past in front of the government buildings?

That's right. Unfortunately, we've never participated. But there's always a ton of things to do.

I guess Chinatown probably has some events--like Chinese New Year's, that type of thing. That's probably pretty loud.

Yes, that's true.

Would you recommend buying a condo in the downtown neighborhood?

Yes, I think for some people that would be the perfect option. For someone who works in Downtown, that would be a really convenient option. Or if they need to drive somewhere, it's still very convenient, you can get on the freeways, you can get on the Pali. It's very nice and central.

Is the biggest drawback not being able to walk to the beach? What's the biggest drawback?

It feels like it closes down after 5:00. A lot of the places would just close. Much of the activity is there during the daytime. It's just kind of strange. It's not like the typical downtown that people might be used to, like San Francisco, where it's going at all hours of the day. But it could have its benefits, too. It's a little more quiet. And there are some pockets of areas where you can find some really fun places to go to. It's a different downtown. For someone who's never been there before, I would recommend them to check it out first. They might expect it to be something like San Francisco, when it's just not.

That's a good point. For someone who's thinking about moving there, they might want to check it out in the evening, too, not just during the day, to see what's going on, that type of thing.

Right, that would be the recommendation.




Tax Information
 
Parcel Data
TMK210100050053
Site Address1100 ALAKEA ST
Apartment No.PH-1
Property ClassCommercial
Total Parcel AreaAcres
ZoningU/34/30


2012 Assessed Values as of October 1, 2011
TMK210100050053
Property ClassCOMMERCIAL
Total Property Assessed Value$1,133,600
Total Property Exemption$0
Total Property Net Taxable Assessed Value$1,133,600
Land Assessed Value$207,000
Dedicated/Use Value$0
Land Exemption$0
Net Taxable Land Value$207,000
Building Assessed Value$926,600
Building Exemption$0
Net Taxable Building Value$926,600

Sales
Instrument DateSale AmountInstrument #Instrument TypeRecordation DateLand Court Doc#Certificate NumberBook/Page
01/13/2004$1,600,000FEE CONVEYANCE01/15/20043055130680976/
09/18/2003FEE CONVEYANCE09/19/20032996337640618/
09/18/20032003-202517LEASE09/19/20032996336640618/
09/18/2003FEE CONVEYANCE09/19/20032996337640618/
09/18/2003FEE CONVEYANCE09/19/20032996337640618/
07/25/2003FEE CONVEYANCE/
03/14/2003$20,000,000FEE CONVEYANCE03/27/20032907520640618/
12/29/1994$276,5939400215197LEASE12/30/19942208885333694/
04/07/199204/07/1992106486333694/
08/11/1989$33,000,000FEE CONVEYANCE08/11/19891658313333694/
08/01/1989$33,000,000FEE CONVEYANCE/
07/28/1989$33,000,000FEE CONVEYANCE08/11/19891658312333693/
06/01/1989$100FEE CONVEYANCE06/01/19891639427330201/
10/23/1987FEE CONVEYANCE11/10/19871509271304747/

Tax Details 2011
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2011-1Beginning Tax6,890.060.000.000.000.00
2011-1Payment0.00-6,890.06-689.00-606.320.00
2011-2Beginning Tax6,890.060.000.000.000.00
2011-2Payment0.00-6,890.06-413.40-146.070.00
Total:13,780.12-13,780.12-1,102.40-752.390.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2011602911423-APR-12-13,780.12-1,102.40-752.390.00
Total:-13,780.12-1,102.40-752.390.00

Tax Details 2010
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2010-1Beginning Tax7,049.400.000.000.000.00
2010-1Payment0.00-7,049.40-704.94-542.800.00
2010-2Beginning Tax7,049.400.000.000.000.00
2010-2Payment0.00-7,049.40-308.22-91.850.00
Total:14,098.80-14,098.80-1,013.16-634.650.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2010546751214-MAR-11-13,661.55-986.92-616.110.00
2010548241307-JUL-11-437.25-26.24-18.540.00
Total:-14,098.80-1,013.16-634.650.00

Tax Details 2009
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2009-1Beginning Tax6,949.580.000.000.000.00
2009-1Payment0.00-6,949.58-694.96-764.450.00
2009-2Beginning Tax6,949.580.000.000.000.00
2009-2Payment0.00-6,949.58-694.96-345.610.00
Total:13,899.16-13,899.16-1,389.92-1,110.060.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2009492668803-JUN-10-13,456.56-1,389.92-1,070.230.00
2009546751214-MAR-11-442.600.00-39.830.00
Total:-13,899.16-1,389.92-1,110.060.00

Tax Details 2008
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2008-1Beginning Tax6,661.280.000.000.000.00
2008-1Payment0.00-6,661.28-666.13-1,612.03-20.00
2008-2Beginning Tax6,661.280.000.000.000.00
2008-2Payment0.00-6,661.28-666.13-1,172.390.00
Total:13,322.56-13,322.56-1,332.26-2,784.42-20.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2008492668803-JUN-10-13,322.56-1,332.26-2,784.42-20.00
Total:-13,322.56-1,332.26-2,784.42-20.00

Tax Details 2007
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2007-1Beginning Tax6,327.720.000.000.000.00
2007-1Payment0.00-6,327.72-632.77-696.050.00
2007-2Beginning Tax6,327.720.000.000.000.00
2007-2Payment0.00-6,327.72-632.77-278.420.00
Total:12,655.44-12,655.44-1,265.54-974.470.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2007382361912-JUN-08-12,655.44-1,265.54-974.470.00
Total:-12,655.44-1,265.54-974.470.00

Tax Details 2006
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2006-1Beginning Tax5,644.460.000.000.000.00
2006-1Payment0.00-5,644.46-564.45-5.640.00
2006-2Beginning Tax5,644.450.000.000.000.00
2006-2Payment0.00-5,644.450.000.000.00
Total:11,288.91-11,288.91-564.45-5.640.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2006300757428-AUG-06-5,080.01-564.450.000.00
2006301705901-SEP-06-564.450.00-5.640.00
2006303834423-JAN-07-5,644.450.000.000.00
Total:-11,288.91-564.45-5.640.00

Tax Details 2005
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2005-1Beginning Tax5,188.700.000.000.000
2005-1Payment0.00-5,188.70-518.87-114.150
2005-2Beginning Tax5,188.700.000.000.000
2005-2Payment0.00-5,188.70-518.87-285.950
Total:10,377.40-10,377.40-1,037.74-400.100.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2005247362817-OCT-05-5,188.70-518.87-114.150.00
2005275429712-JUL-06-5,131.62-518.87-285.380.00
2005300757428-AUG-06-57.080.00-0.570.00
Total:-10,377.40-1,037.74-400.100.00

Tax Details 2004
PeriodDescriptionTaxPaid / AdjustPenalty PaidInterest PaidOther
2004-1Beginning Tax5,179.610.000.000.000.00
2004-1Payment0.00-5,179.61-517.96-62.730.00
2004-2Beginning Tax5,179.600.000.000.000.00
2004-2Payment0.00-5,179.60-517.96-113.950.00
Total:10,359.21-10,359.21-1,035.92-176.680.00

Payment Summary
YearPayment #DateTaxPenaltyInterestOther
2004193706913-SEP-04-4,604.67-517.96-56.980.00
2004194332918-OCT-04-574.940.00-5.750.00
2004218499008-APR-05-5,179.60-517.96-113.950.00
Total:-10,359.21-1,035.92-176.680.00


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Buyer's rebate is 20% of our commission. The rebate amount shown above assumes 3% commission. Sometimes we get 2.5%.

OahuRE Team members are agents that are licensed Realtors in Hawaii and work for OahuRE.com.

Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer.

Based on the information from the Multiple Listing Service of the HiCentral MLS, Ltd. active listings last updated on 08.20.14. Information is deemed reliable but not guaranteed. Copyright: 2007 by the HiCentral MLS, Ltd..

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

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