724 Alewa Drive Honolulu HI 96817 sold on 09-21-2018
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724 Alewa Drive Honolulu HI 96817

$1,150,000 | OahuRE Rebate $5,750 | Sold

Listed on 07-24-2018 * 59 Days until Sold

Sold for $1,230,000 on 09-21-2018

7 Bedrooms, 4 Full Baths, 0 Half Baths, 7 Parking Spaces

2,464 Square Feet Living * 10,000 Square Feet Land

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Property Last Viewed: 05/30/2020 09:12 AM, Total Views Today: 0, Total Views: 518, Viewed History

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OahuRE.com Notes About This Property

Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.

Listed previously on February 6, 2007 for $1,100,000. View Details

Listed previously on September 7, 2004 for $949,000. View Details

Listed previously on February 6, 2004 for $969,000. View Details

Listed previously on September 18, 2003 for $995,000. View Details

Listed previously on January 8, 2003 for $725,000. View Details

Listed previously on July 2, 2001 for $498,000. View Details

Listed previously on May 22, 2000 for $485,000. View Details

Withdrawn previously on January 10, 2005 after 126 days on market. View Details

Withdrawn previously on July 23, 2003 after 197 days on market. View Details

Withdrawn previously on April 26, 2002 after 299 days on market. View Details

Withdrawn previously on December 21, 2000 after 214 days on market. View Details

Price Decreased 3 times. View Details

Temporarily Withdrawn 1 time. View Details

Withdrawn 3 times. View Details

Expired 3 times. View Details

Price trends for Alewa Heights.

There were 44 homes sold in the last 2 years in the Alewa Heights neighborhood.


724 Alewa Drive

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724 Alewa Drive

724 Alewa Drive

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Property Details

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MLS#: 201818878 * Questions?
Status: Sold
Price: $1,150,000
Rebate: $ 5,750 from OahuRE.com. VA buyers receive an additional $10,441 rebate.
Monthly: $ 4,447.28 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,150,000 price, 20% down, 3.375% interest rate, 30 year loan, $ 380 taxes, and $ 0 fees. Insurance not included.
Beds: 7      Baths: 4      Half: 0      Parking Spaces: 7
Living Sq Ft: 2,464
Land Sq Ft: 10,000
Land Tenure: FS - Fee Simple
Address: 724 Alewa Drive Honolulu HI 96817
Region: Metro - Activity
Neighborhood: Alewa Heights - Activity * Alewa Heights Stats
Street: Alewa - Activity * Alewa Drive Stats
Showing: No Obligation Showing Request

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Original: $1,150,000
Change: $0    0.00%
Parcel#: 1-1-8-023-067-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 6 days in Active or In Escrow Showing
Date: Listed: 07-24-2018
Date: In Escrow - Showing: 07-30-2018
Date: Status Change: 09-21-2018
Year Built: 1975 Remodeled:
View: City, Diamond Head, Mountain, Ocean
Frontage:
Monthly Tax: $380 Year: 2017
Land: FS - Fee Simple
Condition: Above Average, Excellent

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Description:

Alewa Heights neighborhood charm is visible throughout this MAGNIFICENT 7 bedroom / 4 bath home that is split into a multiple dwelling property! Entice your guests to this incredible spacious home that features the main house with 4 bedrooms / 2 baths, a terraced attached 2 bedroom with a separate walk-up entrance, and a studio with a walk-up entrance as well. Relax in the comfort of the spacious living space area in the main house while enjoying the spectacular panoramic views of the city, Diamond Head, mountains, ocean, and sunset.

Views may also be seen from the living room and wooden deck of the studio that sits high above both properties. Designated parking spaces are assigned for each part of the home. Great investment MUST-SEE property!

 
 
Inclusions: Auto Garage Door Opener, Cable TV, Disposal, Dryer, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Amenities:

Utilities: Cable, Connected, Overhead Electricity, Public Water Construction: Double Wall, Masonry/Stucco Lot Features: Clear Floor: Ceramic Tile, Laminate, W/W Carpet Disclosures: Property Disclosure Stmt, See Remarks Land Recorded: Land Court Furnished:

Possession: At Closing Terms: Cash, Conventional, VA Sale Conditions: None

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Sold Price: $1,230,000 Loan Type: Conventional
Concession:
Closed: 09-21-2018
Sold Ratio: 107%
Days Sold: 59
Land: $716,900
Building: $422,000  
Assessed Total: $1,138,900  
Assessed Ratio: 100.97%
Pool: None
Location: Other
Parking: Driveway, Garage

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Elementary: Maemae * Grade: B- * School Website
Middle: Kawananakoa * Grade: B * School Website
High: Mckinley * Grade: B+ * School Website
School Ranking: Honolulu Magazine Rankings
District Locator: DOE Locator to Confirm District
Area Total: 10,000
Acres: 0.2296
Topography: Gentle Slope, Steep Slope
Building Style: Detach Single Family, Multiple Dwellings
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 0
Other: 624
Lanai Sq Ft: 0
Garage Sq Ft: 480
Avg Sq Ft Living: $466.72
Avg Sq Ft Land: $115.00
Security:
Rental Income: $0
Stories: One CPR: No
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X
Roofing: Asphalt Shingle, Other
Set-Backs: C and C Roads: County Rd, Paved Rd
Easements: None

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Links:
Google Maps     Supermarkets     Schools     Private Schools     Hospitals     Restaurants     Gyms     Shopping     Attractions     Beaches     Churches     Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
   
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
   
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
   
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Jeffrey Samuels Real Estate

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-21-2018 201818878 Sold In Escrow Showing Sold $1,150,000 $1,230,000 $1,138,900 $716,900 $422,000
07-30-2018 201818878 In Escrow Showing Active In Escrow Showing $1,150,000 $1,230,000 $1,138,900 $716,900 $422,000
07-24-2018 201818878 New Listing Active Active $1,150,000 $1,230,000 $1,138,900 $716,900 $422,000
08-08-2007 2703184 Expired Active Expired $1,049,000 $0 $755,500 $445,100 $310,400
05-02-2007 2703184 Price Decrease $1,100,000 $1,049,000 $1,049,000 $0 $755,500 $445,100 $310,400
01-10-2005 2414174 Withdrawn Active Withdrawn $949,000 $0 $444,300 $241,000 $203,300
09-07-2004 2414174 New Listing Active Active $949,000 $0 $444,300 $241,000 $203,300
09-01-2004 2312158 Price Decrease $969,000 $949,900 $949,900 $0 $432,500 $231,800 $200,700
07-05-2004 2401557 Expired Active Expired $969,000 $0 $444,300 $241,000 $203,300
02-06-2004 2401557 New Listing Active Active $969,000 $0 $444,300 $241,000 $203,300
02-01-2004 2312158 Expired Active Expired $949,900 $0 $432,500 $231,800 $200,700
09-18-2003 2312158 New Listing Active Active $949,900 $0 $432,500 $231,800 $200,700
07-23-2003 2300345 Withdrawn Active Withdrawn $699,000 $0 $432,500 $231,800 $200,700
05-08-2003 2300345 Price Decrease $725,000 $699,000 $699,000 $0 $432,500 $231,800 $200,700
04-26-2002 2106624 Withdrawn Active Withdrawn $498,000 $0 $426,700 $245,700 $181,000
07-02-2001 2106624 New Listing Active Active $498,000 $0 $426,700 $245,700 $181,000
12-21-2000 2004677 Temporarily Withdrawn Active Active $485,000 $0 $411,100 $231,800 $179,300
05-22-2000 2004677 New Listing Active Active $485,000 $0 $411,100 $231,800 $179,300

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Getting Assessed Value History...

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Estimated Monthly Mortgage Payment

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Save $24,986.48 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
2.63% 2.88% 3.13% 3.38% 3.63% 3.88% 4.13% 4.38% 4.88%
0% Down
$4,619$4,771$4,926$5,084$5,245$5,408$5,573$5,742$6,086
3.5% Down
$4,457$4,604$4,754$4,906$5,061$5,218$5,378$5,541$5,873
10% Down
$4,157$4,294$4,434$4,576$4,720$4,867$5,016$5,168$5,477
20% Down
$3,695$3,817$3,941$4,067$4,196$4,326$4,459$4,593$4,869
30% Down
$3,233$3,340$3,448$3,559$3,671$3,785$3,901$4,019$4,260
40% Down
$2,771$2,863$2,956$3,050$3,147$3,245$3,344$3,445$3,652
50% Down
$2,309$2,386$2,463$2,542$2,622$2,704$2,787$2,871$3,043

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Crime Mapping

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Neighborhood Interview from a neighbor who lives there.

How long have you lived in Alewa Heights neighborhood?

I lived in the neighborhood for about 3 years now.

What factors influenced your decision to move to Alewa Heights neighborhood?

We live there because it was a family home. It's been a family home for about 75 years.

How does where you lived before compare?

We used to live in Mililani. Definitely, location is huge. It's convenient because of the location. We live in a much older home; it probably needs a lot more updating, but the convenience of staying near downtown is huge.

How is traffic in and around the neighborhood? For example, getting to stores, downtown, commuting to work, etc.?

It's pretty easy. You have at least 3 different ways of getting to the freeway. So, it's not just one way in and one way out. Getting to the different exits, stores, the schools, and shopping centers is really easy.

Do you have any concerns with crime in your neighborhood?

I wouldn't say that there is violent crime. There's definitely not a lot of drugs and those types of stuff, at least not that we hear of. It's an older community; I would say 80% owner-occupied. It's either the owners or their families who live here. A lot of first-time home buyers built their homes there 75 years ago. I think everybody kind of knows everyone. There might be some instances of crime because there's a lot of elderly. So, people go around and they'll try to sell different things, like whether they can fix up their house, that type of thing. There's more fraud, I think, because there is a lot of elders, like our neighbors are all elders.

How are the schools in your community?

My daughter goes to Ma'ema'e Elementary School, which is probably one of the top five elementary schools in the island. It's a really good school. I think that's why a lot of people, especially with families, live in that area because Ma'ema'e is such a good elementary school.

What is the noise level like? Any excessive noise from traffic, planes, neighbors, etc.?

No. It's quiet, very quiet.

What are the things you like best about your neighborhood?

I like the feeling of being secure, and it's safe. I like the convenience; I like being close to everything.

What are the things that you would like to change about your neighborhood, if any?

I don't think it's a really good community if you have buyers who have children. It's a higher-end area. All the lots and homes are bigger. However, there's not a lot of parks or cul de sacs. It's a lot of shared driveway so there's no place where your kids can just go out and run in a cul de sac. If you play sports, for instance, Mililani was great because my kids play sports, and they were all part of the Mililani soccer or softball club. Living in Alewa Heights, you kind of have to find a league in another area--whether it's Aiea or Kapiolani--that is closest to you, versus living in an actual community--like Hawaii Kai, Mililani or Kapolei. Here in Alewa Heights, it's not a community feel.

What are your neighbors like?

Well I have one elder next to us, who is 92 and she lives by herself and she'll give the home to her family. She's pretty honest. Her son is a firefighter; he comes over every other day. The other neighbors are kind of younger, a local family, maybe in their 50's. The one in front of us, her home was also given to her by her parents.

So it's a common thing, parents handing over their properties to their children?

Yes. Or grandparents. Our home was given from my grandmother to my mother-in-law--it's been passed on to the next generation.

What are your favorite nearby restaurants?

I would have to say Natsunoya Tea House. And we also go to Golden Duck and Helena's.

What about favorite nearby places to shop?

There's Times Supermarket and Longs Drugs.

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

We do like to go down to Chinatown on the weekend, but other than that, not really.

Would you recommend buying a house in your neighborhood?

Definitely. If you have people from the mainland or corporate people who come and they want to own a home, it has beautiful, beautiful views. And it's very quiet. If they want a big lot or home but they don't want to pay 2 million dollars for living in Aina Haina or Kahala for example, then they can still get that same feeling of a higher-end home on a big lot and a nice view, but just at a lower price.



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