1251 Heulu 1251 Heulu Street Unit PH4 Honolulu HI 96822 listed 10-31-2019
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1251 Heulu 1251 Heulu Street Unit PH4 Honolulu HI 96822

$189,900 | OahuRE Rebate $950 | VA Loan 1% Rebate $1,899 | Active

Price dropped on 09-18-2020. Original price was $240,000

Listed on 10-31-2019 * Days on Market is 363

3 Bedrooms, 2 Full Baths, 0 Half Baths, 2 Parking Spaces

1,060 Square Feet Living * $604 Total Association Fees

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

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Property Last Viewed: 10/28/2020 10:48 AM, Total Views Today: 1, Total Views: 1,227, Viewed History

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Short Cuts

Update the default down payment and interest rate.


Leasehold: Lease Rent: $380 / 2036 | Buy Fee: $0 | Lessor: Thomas Chung | Reneg Date: 07-29-2026 | Expires: 07-29-2036 | Step-Ups: $ $




OahuRE.com Notes About This Property

View all new listings in the 1251 Heulu since this property was listed.

This property is Leasehold and you cannot buy the fee to make it Fee Simple. Lease rent is $380 per month until 2036.

This is a Foreclosure. Even though it is Active there could be offers already submitted to the bank.

Listed previously on July 1, 2019 for $259,900. View Details

Listed previously on April 14, 2008 for $420,000. View Details

Listed previously on February 4, 2004 for $283,000. View Details

Withdrawn previously on October 30, 2019 after 121 days on market. View Details

Fell out of escrow 2 times. View Details

Price Decreased 12 times. View Details

Withdrawn 1 time. View Details

Expired 2 times. View Details

There are 1 buildings in the same neighborhood with similar units for sale.

There are 2 buildings in the same region with similar units for sale.

Price trends for 1251 Heulu.

There were 2 units sold in the last 2 years in the 1251 Heulu building.


1251 Heulu 1251 Heulu Street  Unit PH4

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1251 Heulu 1251 Heulu Street  Unit PH4

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Property Details

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MLS#: 201930626 * Questions?
Status: Active
Price: $189,900
Rebate: $ 950 from OahuRE.com. * VA Loan 1% Rebate 950
Monthly: $ 1,384.18 Update the default down payment and interest rate
  Monthly payment estimate for $ 189,900 price, 20% down, 2.7% interest rate, 30 year loan, $ 164 taxes, and $ 604 fees. Insurance not included.
Beds: 3      Baths: 2      Half: 0      Parking Spaces: 2
Living Sq Ft: 1,060
Land Tenure: LH - Leasehold
Total Fees: $604
Lanai Sq Ft: 60
Address: 1251 Heulu Street PH4 Honolulu HI 96822
Region: Metro - Activity
Neighborhood: Makiki - Activity
Street: Heulu - Activity * Heulu Street Stats
Building Name: Activity in 1251 Heulu * 1251 Heulu Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: No Obligation Showing Request

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Original: $240,000
Change: $-50,100    -20.88%
Parcel#: 1-2-4-029-001-0081
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 363 days in Active or In Escrow Showing
Date: Listed: 10-31-2019
Date: Status Change: 08-04-2020
Recent History: Withdrawn on 10-30-2019 - Listed for 121 days starting on 07-01-2019 - MLS# 201918759
Year Built: 1981 Remodeled:
View: City
Frontage:
Monthly Tax: $164 Year: 2018
Land: LH - Leasehold
Condition: Average

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Description:

Rarely available 3 bedroom 2 bath penthouse in a well maintained and secured condo conveniently located in Makiki. Amenities includes a refreshing pool, BBQ facility, green garden area, resident manager and much more. Minutes away from bus stops, schools, shopping, restaurants, and freeway access.

 
 
Inclusions: AC Window Unit, Auto Garage Door Opener, Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer

Amenities: BBQ, Patio/Deck, Pool on Property, Resident Manager, Sauna, Trash Chute, Whirlpool

Utilities: Construction: Concrete Lot Features: Floor: Laminate, Vinyl, W/W Carpet Disclosures: Call Listor Land Recorded: Regular System Furnished: Partial

Possession: At Closing Terms: Cash, Conventional Sale Conditions: Lender Sale Pet Friendly: No Occupancy: 55% Number of Parking Spaces: 2 Parking Spaces Number: 148/149 Floor Number: 12 Elevators: 2 Management Company Name & Phone: Hawaiiana 808 593-9100

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $72,900
Building: $499,100  
Assessed Total: $572,000  
Assessed Ratio: 33.20%
Pool:
Location:
Parking: Assigned, Covered - 2, Guest, Secured Entry

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Elementary: Lincoln * Grade: C+ * School Website
Middle: Stevenson * Grade: B+ * School Website
High: Roosevelt * Grade: A+ * School Website
School Ranking: Honolulu Magazine Rankings
District Locator: DOE Locator to Confirm District
Area Total: 9,496
Acres: 0.2180
Topography:
Building Style: High-Rise 7+ Stories
Building: 1251 Heulu
New Const: No

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Maint. Fee: $604
Assoc. Fee: $0
Other Fee: $0
Includes: Other Common Expenses, Sewer, Water
Total Fees: $604
Exemption: 0
Other: 0
Lanai Sq Ft: 60
Garage Sq Ft: 0
Avg Sq Ft Living: $179.15
Security: Key, Video
Rental Income: $0
Zoning: 12 - A-2 Medium Density Apartme
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:
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
Leasehold: Lease Rent: $380 / 2036 | Buy Fee: $0 | Lessor: Thomas Chung | Reneg Date: 07-29-2026 | Expires: 07-29-2036 | Step-Ups: $ $ Please learn more about Leasehold
   
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 Paradise Intl.

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-18-2020 201930626 Price Decrease $199,900 $189,900 $189,900 $0 $572,000 $72,900 $499,100
08-14-2020 201930626 Price Decrease $204,900 $199,900 $189,900 $0 $572,000 $72,900 $499,100
08-04-2020 201930626 Back On Market $204,900 Active $189,900 $0 $572,000 $72,900 $499,100
07-17-2020 201930626 In Escrow Not Showing Active In Escrow Not Showing $189,900 $0 $572,000 $72,900 $499,100
06-24-2020 201930626 Price Decrease $207,500 $204,900 $189,900 $0 $572,000 $72,900 $499,100
03-10-2020 201930626 Price Decrease $212,500 $207,500 $189,900 $0 $572,000 $72,900 $499,100
03-04-2020 201930626 Back On Market Expired Active $189,900 $0 $572,000 $72,900 $499,100
03-03-2020 201930626 Expired Active Expired $189,900 $0 $572,000 $72,900 $499,100
02-12-2020 201930626 Price Decrease $219,900 $212,500 $189,900 $0 $572,000 $72,900 $499,100
12-18-2019 201930626 Price Decrease $224,900 $219,900 $189,900 $0 $572,000 $72,900 $499,100
11-26-2019 201930626 Price Decrease $240,000 $224,900 $189,900 $0 $572,000 $72,900 $499,100
11-01-2019 201930626 New Listing $240,000 Active $189,900 $0 $572,000 $72,900 $499,100
10-30-2019 201918759 Withdrawn Active Withdrawn $240,000 $0 $572,000 $72,900 $499,100
09-18-2019 201918759 Price Decrease $249,900 $240,000 $240,000 $0 $572,000 $72,900 $499,100
08-27-2019 201918759 Price Decrease $254,900 $249,900 $240,000 $0 $572,000 $72,900 $499,100
08-01-2019 201918759 Price Decrease $259,900 $254,900 $240,000 $0 $572,000 $72,900 $499,100
07-02-2019 201918759 New Listing $259,900 Active $240,000 $0 $572,000 $72,900 $499,100
07-02-2019 201918759 $259,900 $259,900 $240,000 $0 $572,000 $72,900 $499,100
10-14-2008 2806288 Expired Active Expired $399,000 $0 $540,200 $121,100 $419,100
06-09-2008 2806288 Price Decrease $420,000 $399,000 $399,000 $0 $540,200 $121,100 $419,100
04-14-2008 2806288 New Listing $420,000 Active $399,000 $0 $540,200 $121,100 $419,100
03-04-2004 2401445 In Escrow Showing Active In Escrow Showing $279,000 $270,000 $268,800 $29,100 $239,700
02-04-2004 2401445 Price Decrease $283,000 $279,000 $279,000 $270,000 $268,800 $29,100 $239,700
02-04-2004 2401445 New Listing $283,000 Active $279,000 $270,000 $268,800 $29,100 $239,700

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Estimated Monthly Mortgage Payment

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Save $15,107.28 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
1.95% 2.20% 2.45% 2.70% 2.95% 3.20% 3.45% 3.70% 4.20%
0% Down
$697$721$745$770$796$821$847$874$929
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$673$696$719$743$768$793$818$843$896
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50% Down
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Neighborhood Interview from a neighbor who lives there.

How long have you lived in the Makiki neighborhood?

About 5 years.

What factors influenced your decision to move to your neighborhood?

I found reasonable housing. It's a studio apartment, but it's very nice. It's a senior housing that is subsidized by the state for me because I'm disabled. I really like it here. Before that, I was on Makiki street with a friend who owns his apartment. I was there for several years.

It's convenient. When I need to take the bus, the no. 4 bus takes you all the way to Hawaii Kai or downtown, or up Nuuanu. It's only 2 blocks to the bus stop. I think that's a great way to travel. The stores are close. I have three stores that I can shop at, within walking distance or 3 blocks. Foodland, Safeway, and Times. So I can get all the good deals.

How does where you used to live compare to Makiki?

I had some financial difficulties. I did live in Kahala for a while, and in Hawaii Kai, but I like it better in town. I've met some really nice people. I walk in the morning, and I see a lot of the same people walking their dogs, and we chat. There's a park nearby where I can go sit and read. There's a pool a couple of blocks away, the community pool on Makiki street, and that's a bonus. They have senior activities and exercise classes that could happen in the morning, and I'm a morning walker.

So for me, it's very personal. I like to go out in the morning and say hi to the people and pet their dogs. I'm not allowed to have pets in the building. That's the only thing--nobody wants a pet, nobody wants me to have a cat. So I go out and pet everybody's dog.

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

I don't have active work. At this time of year, of course it's different, but I do have a car that I use sometimes, and I've never had a problem with traffic. I live on Kinau Street, and it's near Victoria Street--sometimes there's parking there. So I haven't had any problem with traffic. I don't travel real far, most of my things are just downtown to the store. If I go downtown, I take the bus. It's so easy.

Do you have any concerns with crime in the neighborhood?

No. I haven't seen anything like th at. It's an older neighborhood. The houses are I think the original owners. There's a lot of seniors in this neighborhood. And like I said, this is a senior building, so you have to be 62 to live here. There has been no crime in our building.

We had one incident where someone had given a woman a problem, and he's on the bulletin board as a 911--they put a trespass order against him. That's the only thing in the three years that I've been here. I've never seen any fights. I see there are a lot of kids on the main street. I walk down Kinau street, and there are schools down there. We see parents dropping their kids off and a lot of kids crossing the street, and everybody seems pretty well behaved. I've never had a problem with it. In fact, people are very courteous.

How are the schools in the area?

I don't have children or grandchildren so I can't tell you what happens in the school, but I can tell they're well monitored. They have drop-off parking blocked off for people dropping off their children, and I see smiles on their faces, responsible parents. I've never seen stray kids walking around with nothing to do.

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

No, not really. We live near a freeway. I really don't hear the noise from the freeway.

The only thing I find in my apartment because I live right near the freeway, I get a lot of freeway dust in the house so I clean my floors regularly. It is quiet. I always sleep here. There's usually a nice breeze, and I keep my windows open. If I close them, I wouldn't get the freeway dirt, but I would rather just scrub my floors and have a nice breeze going through.

What are the things you like best about your neighborhood?

I like being close to the stores, the friendly people. I really do enjoy my morning walk. I spend time out there, and everybody's friendly. You get to say hi and you see some of the same people doing the same routine. I find that comforting and pleasant.

I feel safe here. My building is secure. I just haven't seen any evidence of crime at all. Across from Thomas Square, they have some people in town on the street there. I don't know what they're protesting, but there's never even any trouble there. There's a number of homeless people who live there, and they seem to be fine. I feel bad that they don't have a home, but I'm glad that it's not me.

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

I really can't think of anything that I would change. I'm comfortable here. The management of my building is nice. The neighbors are pleasant. People take care of their yard. There's one guy at house next door to me--they have a little pond. There are lily pads in their front yard, and it's maintained. People maintain their homes here. I don't really have a lot of interaction with my neighbors, it's mostly with people in my building.

What are your favorite nearby restaurants?

If I want to go to lunch, I'll go downtown and there are several places. Che Pasta is nice. I don't go out that much. You can always order a pizza if you're real hungry. I'm on a pretty strict budget, so mostly I do my cooking at home. People in my building share, too. Every bit of time, someone makes a big bowl of soup. Everybody kind of shares, so it's pretty nice.

Just like having family with you?

Sort of. Everybody's on a first-name basis and has a smile. I have not heard anybody complain. As I said, I don't really know my neighbors that well. They're quiet, they go out and water their yard at 6 in the morning and do what they do. So I think it's a very nice neighborhood, actually.

What about favorite nearby places to shop?

The thr ift store on Kaheka Street? [Laughter] I just shop at the grocery stores. I got plenty of clothes so I don't really need things like that, but there's a nice thrift store there. That's about it. I haven't bought anything in a while, so I can't say.

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

Not yet, but I'm starting to. I've gained a lot of weight, so I've got a couple of people. Where we live, there's a big hill, and we're going to start walking up and down the hill every morning. I've got to take some weight off. So a lot of people walk. That's most of the activity.

Would you recommend buying a house in your neighborhood?

Yeah. I don't see why not. It depends. I'm looking out at my window here. I see older homes, and there are a couple of for sale signs out there that I see in the morning. I think most of these people are pretty well-set, but I wouldn't hesitate if I had the money to buy here.

(My brother and I had a home at 500 University Street a number of years ago. That was a pretty good experience. When he died, I just had to start renting.) But I recommend it. It's a good neighborhood. If someone has children, the schools are close. The bus lines are close. Every time I ride the bus, there are groups of kids on it. King Street and Beretania are the main arteries going east to west, so it's real easy to get around.



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