Ala Wai Palms 2355 Ala Wai Boulevard Unit 601 Honolulu HI 96815 listed 04-28-2020
Search Open Houses Buyer's Rebate Sell for 2% Sell for $3,500 Statistics Help Tools Saved Searches Testimonials Blog Contact

Oahu Real Estate

20% Rebate for Buyers
2% Full Service for Sellers
$3,500 Flat Fee for Sellers
What's Your Home Worth?


Ala Wai Palms 2355 Ala Wai Boulevard Unit 601 Honolulu HI 96815

$240,000 | OahuRE Rebate $1,440 | VA Loan 1% Rebate $2,400 | Active

Price dropped on 09-08-2020. Original price was $250,000

Listed on 04-28-2020 * Days on Market is 183

2 Bedrooms, 2 Full Baths, 0 Half Baths, 1 Parking Spaces

1,000 Square Feet Living * $902 Total Association Fees

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

Contact us for a showing.

Property Last Viewed: 10/27/2020 10:46 AM, Total Views Today: 0, Total Views: 450, Viewed History

Save This Property to Receive Automatic Email Updates When the Status Changes

Short Cuts

Update the default down payment and interest rate.


Leasehold: Lease Rent: $541 / 2044 | Buy Fee: $140,624 | Lessor: Carter Investments | Reneg Date: 03-31-2029 | Expires: 03-31-2044 | Step-Ups: $ $




OahuRE.com Notes About This Property

View all new listings in the Ala Wai Palms since this property was listed.

This property is Leasehold but you can buy the fee for $140,624 to make it Fee Simple. Lease rent is $541 per month until 2044.

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

Listed previously on June 15, 2003 for $219,000. View Details

Price Decreased 3 times. View Details

Not in good condition.

There are 4 buildings in the same neighborhood with similar units for sale.

There are 5 buildings in the same region with similar units for sale.

Price trends for Ala Wai Palms.

There were 10 units sold in the last 2 years in the Ala Wai Palms building.


Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 1 * Next

Click on any photo to view next photo.

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 2 * Previous * Next

Learn More About Our Selling Options

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 3 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 4 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 5 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 6 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 7 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 8 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 9 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 10 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 11 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 12 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 13 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 14 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 15 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 16 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 17 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 18 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 19 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 20 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 21 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 22 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 23 * Previous * Next

Ala Wai Palms 2355 Ala Wai Boulevard  Unit 601

Details * Showing Request * Top * 24 * Previous



Property Details

Top of Page * No Obligation Showing Request * Questions?


MLS#: 202008906 * Questions?
Status: Active
Price: $240,000
Rebate: $ 1,440 from OahuRE.com. * VA Loan 1% Rebate 1,440
Monthly: $ 1,817.74 Update the default down payment and interest rate
  Monthly payment estimate for $ 240,000 price, 20% down, 2.7% interest rate, 30 year loan, $ 137 taxes, and $ 902 fees. Insurance not included.
Beds: 2      Baths: 2      Half: 0      Parking Spaces: 1
Living Sq Ft: 1,000
Land Tenure: LH - Leasehold
Total Fees: $902
Lanai Sq Ft: 120
Address: 2355 Ala Wai Boulevard 601 Honolulu HI 96815
Region: Metro - Activity
Neighborhood: Waikiki - Activity
Street: Ala Wai - Activity * Ala Wai Boulevard Stats
Building Name: Activity in Ala Wai Palms * Ala Wai Palms Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: No Obligation Showing Request

Top of Page * No Obligation Showing Request * Questions?

Original: $250,000
Change: $-10,000    -4.00%
Parcel#: 1-2-6-021-110-0032
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 183 days in Active or In Escrow Showing
Date: Listed: 04-28-2020
Date: Status Change: 04-28-2020
Recent History: Last Sold on 03-31-2004 for $175,000 - MLS# 2307571 - Seller's Agent: Catherine S Ostrem, Buyer's Agent: James Patton
Year Built: 1961 Remodeled:
View: City, Marina/Canal
Frontage: Other
Monthly Tax: $137 Year: 2019
Land: LH - Leasehold
Condition: Fair

Top of Page * No Obligation Showing Request * Questions?

Description:

Great location! In the heart of Waikiki near shopping, restaurants, and more! Secure building with swimming pool and PARKING! Desirable end unit with lots of privacy and the best floor plan! Huge lanai for enjoying the water views, relaxing or entertaining friends. Bring your design ideas and make this unit your spectacular piece of paradise.

 
 
Inclusions: None

Amenities: Community Laundry, Patio/Deck, Pool on Property, Resident Manager

Utilities: Construction: Concrete, Double Wall Lot Features: Floor: Ceramic Tile, Laminate, W/W Carpet Disclosures: Non Resident Owner, See Remarks Land Recorded: Land Court Furnished:

Possession: At Closing Terms: Cash, Conventional, VA Sale Conditions: Lender Sale Pet Friendly: No Occupancy: 51% Number of Parking Spaces: 1 Parking Spaces Number: 601 Floor Number: 6 Elevators: 0 Management Company Name & Phone: Hawaiian Prop 808-539-9777

Top of Page * No Obligation Showing Request * Questions?

Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $93,100
Building: $377,300  
Assessed Total: $470,400  
Assessed Ratio: 51.02%
Pool:
Location:
Parking: Assigned

Top of Page * No Obligation Showing Request * Questions?

Elementary: Jefferson * Grade: C- * School Website
Middle: Washington * Grade: C * School Website
High: Mckinley * Grade: B+ * School Website
School Ranking: Honolulu Magazine Rankings
District Locator: DOE Locator to Confirm District
Area Total: 16,683
Acres: 0.3830
Topography:
Building Style: High-Rise 7+ Stories
Building: Ala Wai Palms
New Const: No

Top of Page * No Obligation Showing Request * Questions?

Maint. Fee: $853
Assoc. Fee: $0
Other Fee: $49
Includes: Cable TV, Sewer, Water
Total Fees: $902
Exemption: 0
Other: 0
Lanai Sq Ft: 120
Garage Sq Ft: 0
Avg Sq Ft Living: $240.00
Security: Key, Keyed Elevator
Rental Income: $0
Zoning: X2 - Apartment Precinct
Flood Zone: Zone AE * 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:

Top of Page * No Obligation Showing Request * Questions?

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: $541 / 2044 | Buy Fee: $140,624 | Lessor: Carter Investments | Reneg Date: 03-31-2029 | Expires: 03-31-2044 | 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 Foster Realty, Inc.

Top of Page * No Obligation Showing Request * Questions?


Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-08-2020 202008906 Price Decrease $250,000 $240,000 $240,000 $0 $470,400 $93,100 $377,300
04-28-2020 202008906 New Listing $250,000 Active $240,000 $0 $470,400 $93,100 $377,300
04-05-2004 2307571 Sold $250,000 Sold $189,000 $175,000 $173,600 $50,900 $122,700
10-22-2003 2307571 Price Decrease $199,000 $189,000 $189,000 $175,000 $173,600 $50,900 $122,700
08-14-2003 2307571 Price Decrease $219,000 $199,000 $189,000 $175,000 $173,600 $50,900 $122,700
06-16-2003 2307571 New Listing $219,000 Active $189,000 $175,000 $173,600 $50,900 $122,700

Top of Page * No Obligation Showing Request * Questions?

Getting Assessed Value History...

Similar Properties Sorted by Smallest Price Difference First

Showing properties listed in the last 2 years.

Click a Region below to: Enable filtering by Status. View up to 100 properties sorted by smallest price difference first.

Central, Diamond Head, Ewa Plain, Hawaii Kai, Kailua, Kaneohe, Leeward, Makakilo, Metro, North Shore, Pearl City, Waipahu

Top of Page * No Obligation Showing Request * Questions?


Comparables

Instant Comparables

Comparables with Options

Multiple Comparable Options

Best Comparable Properties by Building

Similar Properties Sorted by Smallest Price Difference First

Listings in Ala Wai Palms

Listings in Waikiki Neighborhood

View listings near this one sorted by the closest listing on the top: 1 Mile, 2 Miles, 3 Miles, 4 Miles, 5 Miles

Top of Page * No Obligation Showing Request * Questions?


City and County Public Information Links

Tax Info including a Plat Map PDF and GIS Parcel Map

Department of Planning & Permitting General Information

Department of Planning & Permitting All Permits

Dept. of Emergency Management Public Safety Info

Tax Records and Property History in this Neighborhood

Tax Records and Property History in this Building

Top of Page * No Obligation Showing Request * Questions?


Sex Offender Information

View a map of Sex Offenders for this Zip Code

Top of Page * No Obligation Showing Request * Questions?


Daily Watch List

Add to Daily Watch List by Parcel Number

Top of Page * No Obligation Showing Request * Questions?



Google Maps

View this property's location * Top of Page

View Nearby Schools on Google Maps - Preschools, Elementary Schools, Middle Schools, or High Schools

View Nearby Parks, Farmer's Markets, and Best Restaurants on Google Maps

Directions from this property to nearest Grocery Store, Hospital, Gas Station, Beach Park, and Park

View nearby Airbnb locations.

View Waikiki Neighborhood Boundary in Google Maps

View Tax Records in Google Maps

Google Maps Parcel View

View Full Size in Google Maps

Top of Page * No Obligation Showing Request * Questions?

Google Maps Zoomed Out View


View Full Size in Google Maps

Top of Page * No Obligation Showing Request * Questions?

Google Maps Satellite View


View Full Size in Google Maps * No Obligation Showing Request * Questions?

Top of Page * No Obligation Showing Request * Questions?

All Neighborhood Boundaries in the Metro Region

View Full Size in Google Maps

Top of Page * No Obligation Showing Request * Questions?



Elementary Schools, Middle Schools, High Schools, Charter Schools, Private Schools, Preschools

Top of Page * No Obligation Showing Request * Questions?



View Directions on Google Maps to nearest Beach Access

View Beach Access Points All Over Oahu including Street View, Directions, and Facilities Info

Top of Page * No Obligation Showing Request * Questions?



Google Earth

Neighborhoods Near Waikiki Shown on Google Earth
 

Top of Page * No Obligation Showing Request * Questions?



Google Traffic Maps

Top of Page * No Obligation Showing Request * Questions?



Estimated Monthly Mortgage Payment

View OahuRE Mortgage and Interest Savings Calculator

Save $15,840.28 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
$881$911$942$973$1,005$1,038$1,071$1,105$1,174
3.5% Down
$850$879$909$939$970$1,002$1,034$1,066$1,133
10% Down
$793$820$848$876$905$934$964$994$1,056
20% Down
$705$729$754$779$804$830$857$884$939
30% Down
$617$638$659$681$704$727$750$773$822
40% Down
$529$547$565$584$603$623$643$663$704
50% Down
$441$456$471$487$503$519$536$552$587

Top of Page * No Obligation Showing Request * Questions?



Crime Mapping

Last 7 days of crime (you can then change it to go back further)

Top of Page * No Obligation Showing Request * Questions?



Popular Yelp Links Sorted by Review Count Near Ala Wai Palms 2355 Ala Wai Boulevard Unit 601

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

Top of Page * No Obligation Showing Request * Questions?



Neighborhood Interview from a neighbor who lives there.

How long have you lived in the Waikiki neighborhood?

I've lived in Waikiki for over 5 years now.

What factors influenced your decision to move there?

I work in town, and I wanted to live somewhere that is close to work. I didn't want to spend a lot of time driving in traffic on a daily basis.

Also, it was very important for us to not have to drive if we wanted to go get a bite to eat or to go down to the beach. It's a very convenient location. The building that we're in is actually quite quiet. You don't hear some of the typical noises that one would expect for Waikiki. It's actually a very quiet neighborhood, and we're just a couple of blocks away to the beach. We can walk to restaurants and different hotels for events and things like that.

So the convenience and the proximity to entertainment and restaurants is really why we initially decided on Waikiki.

So you can walk to the beach and to the restaurants. Can you walk to your shopping also?

Yes. Actually there's quite a bit of shopping that we can do. If we're going grocery shopping though, I do tend to drive, because right in Waikiki, we end up spending a little bit more for the convenience factor. So we'll just drive right up the street, up Kapahulu. It's maybe a 3-minute drive, and we do all of our shopping there. Or we'll take a drive to Costco or something, if we need to stock up.

How does it compare to where you lived before?

Before, we were at a building right in the downtown area. At that time, I was working in downtown, so I would walk to work and that was very convenient. But the typical building that we were in was pretty noisy, and it didn't have air conditioning, so in the summer months and October, it was actually quite warm. And downtown kind of shuts down in the weekend. It's really great for businesses--Monday through Friday, it's an energetic area. But in the weekends, it kind of shuts down.

So Waikiki is different in that aspect--there's always a lot of energy. It's very positive when you walk around the neighborhood because a lot of people are on vacation, and they're so happy to be here in Hawaii. Just looking around, it's kind of a nice reminder for us living here, to see all these happy people and makes us reflect on, "Wow, gosh, we are really lucky to live in such a beautiful place--to be able to walk down to the beach and see the sunset, any day of the week." It's wonderful.

Where would you go to the beach when you lived in downtown? Or do you walk to Ala Moana?

We would just have to get in a car, drive, and actually look for parking in Waikiki, or try to find parking in Ala Moana.

Living in Waikiki is great. We just load up our little wagon with our son and put all the toys in there. We don't need to worry about parking. We just go right on up wherever we want to go. We can spend the whole day down there, if we're lucky enough to have a day with no work to do.

That's awesome. And the fact that you have a quiet building is really nice too, because if there's any complaint I hear sometimes about Waikiki, it would probably be the noise. There wouldn't be anything else, I guess.

Yeah, and there really are a few nice little pockets in Waikiki that are a little off the beaten track where it's still close to everything, but a little more secluded. So you're not going to have some of the noise factors that you might have in other areas of Waikiki.

What about the traffic? For example, getting to work and to stores? A lot of places you can walk to, but when you do have to get in your car, what is it like then?

Honestly, it is so easy getting in and out of Waikiki because there are a few different ways to get there. It's not just going down Kalakaua. So if there's a parade or something in a particular day, then we just go the back route. It might take us a little bit of extra time, but it's never been too bad of an inconvenience.

I would say that maybe right around Halloween, it's probably more problematic. A lot of people come into Waikiki for Halloween, so it might be a little problematic trying to come back into Waikiki in those times. But in the over 5 years that we've been there, it's been a very rare occasion where it's taken me more than 10-15 minutes to get back home. I'm usually back home from my office in less than 15 minutes.

Do you have any concerns with crime in the area?

I don't. I feel very safe. Most of the buildings in Waikiki do have secure buildings as well, so you would need a key to be able to enter the building.

The worst thing that has happened to us is someone took the pedals off of my husband's bike, but it was kind of our fault for leaving it in the garage, which was not locked up at the time. And that could happen anywhere.

What about the schools? What are the schools like?

Waikiki Elementary School is actually a blue ribbon school. It's rated very well. It's one of the best schools on Oahu.

Right now, our son goes to a place called Waikiki Community Center. It's very convenient. Their price is good, their hours are nice, and has extended hours to accommodate people who live in Waikiki and might work a little bit later or have to get to work a little earlier.

But we're actually looking forward to going to public school a lot. A lot of people try to kind of convince us the importance of sending a child to a private school here in Hawaii, but after doing some research and looking at the ratings for Waikiki Elementary, we're excited for him to go there.

Great, and then I guess as he gets older, there are a lot of options--private schools not far from Waikiki, like Punahou for example, or other schools?

Yes. I haven't looked into those yet, but again, we're so close to everything where it hasn't become too much of a factor for us yet. I know we're going to find something that is a good match for him.

It sounds like there's a lot to like about your neighborhood. What do you like best about it? Is it kind of just getting out and walking to where you want to go or to the beach? Or anything else?

I guess it's really just the convenience and the location. My favorite days on the weekends are when I can just do a little picnic lunch and go down by Kapiolani Park and just run around and kind of enjoy the outdoors. That's my favorite. And not having to get into a car on the weekend. It's fantastic.

Is there anything you would want to change about your neighborhood, if you could?

If I could, I would like to have a little area where the kids could meet up, or my son could meet up with his friends. That's the one thing I feel that we're missing a little bit in Waikiki. There's just not that real sense of community for the kids to just go down and play on the street, like they do in some neighborhoods.

Right, because the streets are a little bit more crowded, that type of thing?

That's the only thing that we would go to a park or to the beach. It's not like they could just go downstairs and play.

Once you're at the park or the beach, then they have a huge place to play. But you can't walk outside and play.

Exactly. But it's really not a negative factor for us because it's so easy to get to the park.

Yeah, because you can walk to the park so quickly and you've got more space than you could ask for.

Yeah, and the zoo is right there too, which is a great open playground for kids to just run around and be free.

I know there's a ton of restaurants there. Do you have any favorites?

It's a little bit of a walk for us, but I love Roy's Restaurant for a really nice, special occasion. Their service is always so good. They're very kid-friendly as well. They'll give my son a coloring book and crayons and a little toy to play with while we're there. So that's my favorite.

Sansei restaurant is really close by as well. They have great sushi.

A lot of places have some really nice happy hours, for pupu's and things like that.

You mentioned that if you're going to buy a lot of things or you go grocery shopping, you go a little bit outside of Waikiki. What's your favorite place to grocery shop or shop for other things?

Safeway is the closest for us with a pretty good selection. But my preference is actually Foodland. For me, it's worth it to make just a little bit more of a drive. Foodland is just up the road from Safeway. I prefer Foodland because it's more of the local produce and things like that. So I prefer to support that particular company. I like their selection a little bit better.

But if I really need to do some stocking up on things, then I'll just go into Hawaii Kai Costco. Or even Sam's Club.

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

There are always different parades that are going on. For example, my son's school was telling me that today, they had some type of parade. Through the Waikiki Community Center, there are always different things they are doing for the kids there, so we often participate in that. Book reading, things of that nature.

Would you recommend buying in Waikiki?

Yes. I think for someone who likes the convenience, and night life is important for them, or not needing to drive to places, where you could stay in one nice, contained community, then it's good for some people. Waikiki is probably not for everybody, but for me, at this point in my life, it's perfect.



Top of Page * No Obligation Showing Request * Questions?