Park Lane 1388 Ala Moana Boulevard Unit 7604 Honolulu HI 96814- Condo listed on 11-26-2018
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Park Lane 1388 Ala Moana Boulevard Unit 7604 Honolulu HI 96814

$5,300,000 | OahuRE Rebate $26,500 | Active

Price dropped on 09-24-2019. Original price was $5,988,000

Listed on 11-26-2018 * Days on Market is 359

2 Bedrooms, 2 Full Baths, 1 Half Bath

2,065 Square Feet Living * $2,631 Total Association Fees

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Property Last Viewed: 11/20/2019 01:05 PM, Total Views Today: 1, Total Views: 26,719, Viewed History

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Property Details

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MLS#: 201830136 * Questions?
Status: Active
Price: $5,300,000
Rebate: $ 31,800 from OahuRE.com. VA buyers receive an additional $15,000 rebate.
Monthly: $ 25,508.87 Update the default down payment and interest rate
  Monthly payment estimate for $ 5,300,000 price, 20% down, 3.375% interest rate, 30 year loan, $ 4,133 taxes, and $ 2,631 fees. Insurance not included.
Beds: 2      Baths: 2      Half: 1
Living Sq Ft: 2,065
Land Tenure: FS - Fee Simple
Total Fees: $2,631
Lanai Sq Ft: 300
Address: 1388 Ala Moana Boulevard 7604 Honolulu HI 96814
Region: Metro - Activity
Neighborhood: Ala Moana - Activity
Street: Ala Moana - Activity
Building Name: Activity in Park Lane
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: No Obligation Showing Request

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Original: $5,988,000
Change: $-688,000    -11.49%
Parcel#: 1-2-3-038-013-0176
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 359 days in Active or In Escrow Showing
Date: Listed: 11-26-2018
Date: Status Change: 11-26-2018
Recent History: Last Sold on 12-06-2017 for $4,454,000 - MLS# 201725432 - Seller's Agent: Bonnie A Wedemeyer, Buyer's Agent: Judith FK Jackola
Year Built: 2017 Remodeled:
View: City, Coastline, Garden, Mountain, Ocean, Sunrise, Sunset
Frontage: Ocean, Sandy Beach, Waterfront
Monthly Tax: $4,133 Year: 2018
Land: FS - Fee Simple
Condition: Excellent

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Description:

Experience the highest level of luxury living in Honolulu. This brand new never lived in "Island Residence" this unit with 2 bedrooms / 2.5 bath / den / large storage room / upgraded closet system. Enjoy lush tropical environs just outside their front door and direct ocean, Magic Island, Ala Moana Park views. The quintessential "U-shaped design" of the island residence envelops deep, 300 sq.

ft. open lanai making the outdoor space a true extension of the home. Park Lane combines the privacy and space of single family home with added benefits of a 24 hour residential service team and unparalleled Resort-Style amenities. With exclusive direct elevator access to the world largest open air shopping center.

 
 
Inclusions: Auto Garage Door Opener, Book Shelves, Cable TV, Dishwasher, Disposal, Dryer, Intercom, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector, Washer

Amenities: BBQ, Club House, Concierge, Doorman, Exercise Room, Heated Pool, Meeting Room, Other, Patio/Deck, Pool, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Valet, Walking/Jogging Path, Wall/Fence, Whirlpool

Utilities: Construction: Concrete, Masonry/Stucco, Other, Steel Frame Lot Features: Floor: Ceramic Tile, Marble/Granite, Other Disclosures: Pets Allowed (Verify), Property Disclosure Stmt Land Recorded: Land Court Furnished: Partial

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Pet Friendly: Yes Occupancy: 0% Number of Parking Spaces: 2 Parking Spaces Number: 4416,4417 Floor Number: 6 Elevators: 0 Management Company Name & Phone: Hawaiiana 593-9100

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Sold Price:
Concession:
Closed:
Seller's Agent:
Co-Seller's Agent:
Buyer's Agent:
Co-Buyer's Agent:
Sold Ratio:
Days Sold:
Land: $325,900
Building: $4,969,300  
Assessed Total: $5,295,200  
Assessed Ratio: 100.09%
Pool:
Location:
Parking: Assigned, Covered - 2, Garage, Guest, Other, Secured Entry

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Elementary: Royal * Grade: B * School Website
Middle: Central * Grade: D- * School Website
High: Mckinley * Grade: B+ * School Website
School Ranking: Honolulu Magazine Rankings
District Locator: DOE Locator to Confirm District
Area Total: 0
Acres: 0.0000
Topography:
Building Style: High-Rise 7+ Stories
Building: Park Lane
New Const: Yes

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Maint. Fee: $2,631
Assoc. Fee: $0
Other Fee: $0
Includes: Gas, Hot Water, Sewer, Water
Total Fees: $2,631
Exemption: 0
Other: 0
Lanai Sq Ft: 300
Garage Sq Ft: 0
Avg Sq Ft Living: $2,566.59
Security: Gated Community, Key, Keyed Elevator, Security Patrol, Video
Rental Income: $0
Zoning: 33 - BMX-3 Community Business M
Flood Zone: Zone AE
Roofing:
Set-Backs: Roads:
Easements:

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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 Berkshire Hathaway HmSvc HI RE

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-24-2019 201830136 Price Decrease $5,550,000 $5,300,000 $5,300,000 $0 $5,295,200 $325,900 $4,969,300
04-22-2019 201830136 Price Decrease $5,780,000 $5,550,000 $5,300,000 $0 $5,295,200 $325,900 $4,969,300
02-19-2019 201830136 Price Decrease $5,988,000 $5,780,000 $5,300,000 $0 $5,295,200 $325,900 $4,969,300
11-26-2018 201830136 New Listing $5,988,000 Active $5,300,000 $0 $5,295,200 $325,900 $4,969,300
12-08-2017 201725432 Sold In Escrow Showing Sold $4,454,000 $4,454,000 $681,200 $260,000 $421,200
12-08-2017 201725432 In Escrow Showing Active In Escrow Showing $4,454,000 $4,454,000 $681,200 $260,000 $421,200
12-08-2017 201725432 New Listing Active Active $4,454,000 $4,454,000 $681,200 $260,000 $421,200

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Estimated Monthly Mortgage Payment

View OahuRE Mortgage and Interest Savings Calculator

Save $25,966.08 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
$21,287$21,989$22,704$23,431$24,171$24,923$25,686$26,462$28,048
3.5% Down
$20,542$21,220$21,909$22,611$23,325$24,050$24,787$25,536$27,066
10% Down
$19,159$19,790$20,434$21,088$21,754$22,430$23,118$23,816$25,243
20% Down
$17,030$17,591$18,163$18,745$19,337$19,938$20,549$21,170$22,438
30% Down
$14,901$15,393$15,893$16,402$16,920$17,446$17,981$18,523$19,634
40% Down
$12,772$13,194$13,622$14,059$14,502$14,954$15,412$15,877$16,829
50% Down
$10,644$10,995$11,352$11,716$12,085$12,461$12,843$13,231$14,024

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