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1032 Malua Drive Honolulu HI 96817

$695,000 | OahuRE Rebate $3,475 | VA Loan 1% Rebate $6,950 | Sold

Price dropped on 07-25-2019. Original price was $745,000

Listed on 06-12-2019 * 83 Days until Sold

Sold for $685,000 on 09-03-2019

3 Bedrooms, 1 Full Bath, 1 Half Bath, 3 Parking Spaces

1,392 Square Feet Living * 5,489 Square Feet Land

Sell for a $3,500 Flat Fee or 2% with full service.

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Property Last Viewed: 04/18/2021 08:52 PM, Total Views Today: 0, Total Views: 1,395, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Alewa Heights neighborhood since this property was listed.

Fell out of escrow 2 times. View Details

Price Decreased 1 time. View Details

Price trends for Alewa Heights.

There were 45 homes sold in the last 2 years in the Alewa Heights neighborhood.


1032 Malua Drive

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Property Details

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MLS#: 201917201 * Questions?
Status: Sold
Price: $695,000
Rebate: $ 3,475 from OahuRE.com. * VA Loan 1% Rebate 3,475
Monthly: $ 2,503.12 Update the default down payment and interest rate
  Monthly payment estimate for $ 695,000 price, 20% down, 2.7% interest rate, 30 year loan, $ 248 taxes, and $ 0 fees. Insurance not included.
Beds: 3   Baths: 1   Half: 1  Parking Spaces: 3
Living Sq Ft: 1,392
Land Sq Ft: 5,489
Land Tenure: FS - Fee Simple
Address: 1032 Malua Drive Honolulu HI 96817
Region: Metro - Activity
Neighborhood: Alewa Heights - Activity * Alewa Heights Stats
Street: Malua - Activity * Malua Drive Stats
Showing: No Obligation Showing Request

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Original: $745,000
Change: $-50,000    -6.71%
Parcel#: 1-1-8-030-056-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 31 days in Active or In Escrow Showing
Date: Listed: 06-12-2019
Date: In Escrow - Showing: 08-05-2019
Date: Status Change: 09-03-2019
Year Built: 1950 Remodeled:
View: City, Ocean
Frontage:
Monthly Tax: $248 Year: 2018
Land: FS - Fee Simple
Condition: Average

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Description:

CUSTOM BUILT ONE-LEVEL HOME in Alewa Hts! Relax in the back terraced yard with Ocean & City views! Lovingly cared for by one family all of these years. FIRST TIME ON THE MARKET! Incredible value! Not far up on Alewa Hts and Room for 3+ parking. Many possibilities to update for a dream home!

 
 
Inclusions: Dryer, Range/Oven, Washer

Amenities: Patio/Deck, Wall/Fence

Utilities: Cable, Connected, Overhead Electricity, Public Water, Water Construction: Brick Lot Features: Clear Floor: Vinyl, W/W Carpet Disclosures: Property Disclosure Stmt Land Recorded: Regular System Furnished: Partial

Possession: 45 Days or Less, At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price: $685,000 Loan Type: Cash
Concession:
Closed: 09-03-2019
Sold Ratio: 99%
Days Sold: 83
Land: $758,100
Building: $109,300  
Assessed Total: $867,400  
Assessed Ratio: 80.12%
Pool: None
Location: Inside
Parking: 3 Car+, Carport, Driveway

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District Locator: DOE Locator to Confirm District
Area Total: 5,489
Acres: 0.1260
Topography: Gentle Slope, Level, Terraced
Building Style: Detach Single Family
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 0
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 220
Avg Sq Ft Living: $499.28
Avg Sq Ft Land: $126.62
Security:
Rental Income: $0
Stories: One CPR: No
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing: Asphalt Shingle
Set-Backs: Of Record Roads: County Rd
Easements: Other

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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 * Tripler * Wheeler * VA Mortgage Info
Closing Cost Calculators:
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 Century 21 iProperties Hawaii

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-03-2019 201917201 Sold In Escrow Showing Sold $695,000 $685,000 $867,400 $758,100 $109,300
08-08-2019 201917201 In Escrow Showing Active In Escrow Showing $695,000 $685,000 $867,400 $758,100 $109,300
07-25-2019 201917201 Price Decrease $745,000 $695,000 $695,000 $685,000 $867,400 $758,100 $109,300
07-25-2019 201917201 Back On Market In Escrow Showing Active $695,000 $685,000 $867,400 $758,100 $109,300
07-18-2019 201917201 In Escrow Showing Active In Escrow Showing $695,000 $685,000 $867,400 $758,100 $109,300
07-10-2019 201917201 Back On Market In Escrow Showing Active $695,000 $685,000 $867,400 $758,100 $109,300
06-21-2019 201917201 In Escrow Showing Active In Escrow Showing $695,000 $685,000 $867,400 $758,100 $109,300
06-13-2019 201917201 New Listing Active Active $695,000 $685,000 $867,400 $758,100 $109,300

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Estimated Monthly Mortgage Payment

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Rate:
1.95% 2.20% 2.45% 2.70% 2.95% 3.20% 3.45% 3.70% 4.20%
0% Down
$2,552$2,639$2,728$2,819$2,911$3,006$3,101$3,199$3,399
3.5% Down
$2,462$2,547$2,633$2,720$2,810$2,900$2,993$3,087$3,280
10% Down
$2,296$2,375$2,455$2,537$2,620$2,705$2,791$2,879$3,059
20% Down
$2,041$2,111$2,182$2,255$2,329$2,405$2,481$2,559$2,719
30% Down
$1,786$1,847$1,910$1,973$2,038$2,104$2,171$2,239$2,379
40% Down
$1,531$1,583$1,637$1,691$1,747$1,803$1,861$1,919$2,039
50% Down
$1,276$1,319$1,364$1,409$1,456$1,503$1,551$1,599$1,699

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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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