Executive Centre 1088 Bishop Street Unit 1223 Honolulu HI 96813 listed 05-20-2020
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Executive Centre 1088 Bishop Street Unit 1223 Honolulu HI 96813

$181,900 | OahuRE Rebate $1,091 | VA Loan 1% Rebate $1,819 | In Escrow Showing

Price dropped on 09-04-2020. Original price was $212,000

Listed on 05-20-2020

1 Bedroom, 1 Full Bath, 1 Half Bath, 0 Parking Spaces

1,217 Square Feet Living * $1,602 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 09:33 AM, Total Views Today: 1, Total Views: 331, Viewed History

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Short Cuts

Update the default down payment and interest rate.


Leasehold: Lease Rent: $739 / 2053 | Buy Fee: $0 | Lessor: AOAO Executive Centre | Reneg Date: 00-00-0000 | Expires: 01-31-2053 | Step-Ups: $ $




OahuRE.com Notes About This Property

View all new listings in the Executive Centre since this property was listed.

This property is Leasehold and you cannot buy the fee to make it Fee Simple. Lease rent is $739 per month until 2053.

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

Listed previously on May 12, 2020 for $212,000. View Details

Listed previously on February 16, 2010 for $240,000. View Details

Listed previously on March 2, 2006 for $295,000. View Details

Listed previously on July 27, 2004 for $175,000. View Details

Listed previously on December 1, 2003 for $165,000. View Details

Withdrawn previously on May 15, 2020 after 3 days on market. View Details

Withdrawn previously on July 27, 2004 after 240 days on market. View Details

Fell out of escrow 2 times. View Details

Price Decreased 4 times. View Details

Temporarily Withdrawn 2 times. View Details

Withdrawn 2 times. View Details

Expired 1 time. View Details

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

There are 11 buildings in the same region with similar units for sale.

Price trends for Executive Centre.

There were 24 units sold in the last 2 years in the Executive Centre building.


Executive Centre 1088 Bishop Street  Unit 1223

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Executive Centre 1088 Bishop Street  Unit 1223

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Property Details

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MLS#: 202011416 * Questions?
Status: In Escrow Showing
Price: $181,900
Rebate: $ 1,091 from OahuRE.com. * VA Loan 1% Rebate 1,091
Monthly: $ 2,922.22 Update the default down payment and interest rate
  Monthly payment estimate for $ 181,900 price, 20% down, 2.7% interest rate, 30 year loan, $ 730 taxes, and $ 1,602 fees. Insurance not included.
Beds: 1      Baths: 1      Half: 1      Parking Spaces: 0
Living Sq Ft: 1,217
Land Tenure: LH - Leasehold
Total Fees: $1,602
Lanai Sq Ft: 308
Address: 1088 Bishop Street 1223 Honolulu HI 96813
Region: Metro - Activity
Neighborhood: Downtown - Activity
Street: Bishop - Activity * Bishop Street Stats
Building Name: Activity in Executive Centre * Executive Centre Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: No Obligation Showing Request

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Original: $212,000
Change: $-30,100    -14.20%
Parcel#: 1-2-1-012-004-0504
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 161 days in Active or In Escrow Showing
Date: Listed: 05-20-2020
Date: In Escrow - Showing: 09-28-2020
Date: Status Change: 09-28-2020
Year Built: 1984 Remodeled:
View: City
Frontage:
Monthly Tax: $730 Year: 2019
Land: LH - Leasehold
Condition: Average

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Description:

Rare opportunity to own a piece of Aloha in the heart of Honolulu. Whether you want a full-time residence, a charming Hawaiian pied-à-terre, or an investment opportunity, this residence doesn’t disappoint. Conveniently located near the Iolani Palace, cruise ship terminal, Hawai’i State Capitol, Botanical Gardens, China Town, Queens Medical Center, and a vast array of restaurants, shops, and recreational activities.

Relax in this condo which features one-bedroom, one-and-a-half bathrooms, a private patio with approximately 308 square feet, or enjoy the 11th floor pool and hot tub. All potential buyers are asked to check with city and tax records to determine actual bedroom, bathroom counts and all details on this property listed above to their satisfaction. This is an AS-IS REO property.

 
 
Inclusions: AC Window Unit, Other

Amenities: Condo Association Pool, Other, Whirlpool

Utilities: Construction: Other Lot Features: Floor: Other, W/W Carpet Disclosures: See Remarks Land Recorded: Dual Systems Furnished:

Possession: At Closing Terms: Cash, Conventional Sale Conditions: Lender Sale Pet Friendly: No Occupancy: 30% Number of Parking Spaces: 0 Parking Spaces Number: 0 Floor Number: 12 Elevators: 0 Management Company Name & Phone: Aston 808-931-1440

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $79,800
Building: $550,300  
Assessed Total: $630,100  
Assessed Ratio: 28.87%
Pool:
Location:
Parking: Assigned, Covered - 1, Secured Entry

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Elementary: * Grade: * School Website
Middle: * Grade: * School Website
High: * Grade: * 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: Executive Centre
New Const: No

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Maint. Fee: $1,602
Assoc. Fee: $0
Other Fee: $0
Includes: Cable TV, Internet Service, Sewer, Water
Total Fees: $1,602
Exemption: 0
Other: 0
Lanai Sq Ft: 308
Garage Sq Ft: 0
Avg Sq Ft Living: $149.47
Security:
Rental Income: $0
Zoning: 34 - BMX-4 Central Business Mix
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: $739 / 2053 | Buy Fee: $0 | Lessor: AOAO Executive Centre | Reneg Date: 00-00-0000 | Expires: 01-31-2053 | 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 Realhome Services & Solutions

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-28-2020 202011416 In Escrow Showing Active In Escrow Showing $181,900 $0 $630,100 $79,800 $550,300
09-04-2020 202011416 Price Decrease $191,400 $181,900 $181,900 $0 $630,100 $79,800 $550,300
08-06-2020 202011416 Back On Market $191,400 Active $181,900 $0 $630,100 $79,800 $550,300
08-06-2020 202011416 Temporarily Withdrawn Active Active $181,900 $0 $630,100 $79,800 $550,300
08-05-2020 202011416 Price Decrease $201,400 $191,400 $181,900 $0 $630,100 $79,800 $550,300
07-03-2020 202011416 Price Decrease $212,000 $201,400 $181,900 $0 $630,100 $79,800 $550,300
05-20-2020 202011416 New Listing $212,000 Active $181,900 $0 $630,100 $79,800 $550,300
05-15-2020 202010819 Withdrawn $212,000 Withdrawn $212,000 $0 $630,100 $79,800 $550,300
05-15-2020 202010819 Temporarily Withdrawn Active Withdrawn $212,000 $0 $630,100 $79,800 $550,300
05-12-2020 202010819 New Listing Active Active $212,000 $0 $630,100 $79,800 $550,300
02-09-2011 1002090 Expired Active Expired $220,000 $0 $285,100 $61,200 $223,900
03-09-2010 1002090 Price Decrease $240,000 $220,000 $220,000 $0 $285,100 $61,200 $223,900
02-16-2010 1002090 New Listing $240,000 Active $220,000 $0 $285,100 $61,200 $223,900
04-28-2006 2604567 Sold $240,000 Sold $295,000 $295,000 $219,300 $54,700 $164,600
03-10-2006 2604567 In Escrow Not Showing Active In Escrow Not Showing $295,000 $295,000 $219,300 $54,700 $164,600
03-02-2006 2604567 New Listing Active Active $295,000 $295,000 $219,300 $54,700 $164,600
09-15-2004 2411698 Sold In Escrow Showing Sold $175,000 $175,000 $168,700 $58,600 $110,100
08-05-2004 2411698 In Escrow Showing Active In Escrow Showing $175,000 $175,000 $168,700 $58,600 $110,100
07-27-2004 2411698 New Listing Active Active $175,000 $175,000 $168,700 $58,600 $110,100
07-27-2004 2315904 Withdrawn Active Withdrawn $185,000 $0 $168,700 $58,600 $110,100
06-08-2004 2315904 Price Increase $180,000 $185,000 $185,000 $0 $168,700 $58,600 $110,100
06-08-2004 2315904 Price Increase $175,000 $180,000 $185,000 $0 $168,700 $58,600 $110,100
05-10-2004 2315904 Price Increase $165,000 $175,000 $185,000 $0 $168,700 $58,600 $110,100
05-10-2004 2315904 Back On Market $165,000 Active $185,000 $0 $168,700 $58,600 $110,100
12-01-2003 2315904 New Listing $165,000 Active $185,000 $0 $168,700 $58,600 $110,100

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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
$668$691$714$738$762$787$812$837$890
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$644$667$689$712$735$759$783$808$858
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Neighborhood Interview from a neighbor who lives there.

What factors influenced your decision to move to the Downtown neighborhood?

I was going to be working in Downtown, so ideally I want to live somewhere where I would be able to walk to work. I like the convenience factor of being able to walk to the grocery store, walk to Chinatown. It's just very central. We're right next to the Pali and we can easily drive to the windward side as well. Very convenient.

How does it compare to where you lived before?

We actually moved here from the mainland, from San Diego. It was very different. In San Diego, we were just a couple of hundred yards from the beach, the boardwalk. So it was a pretty vast difference.

In San Diego, you were still near the ocean. Do you consider Downtown near the ocean? Where do you go to the beach?

We drive to Ala Moana most of the time, so it's still very close. It's a couple minutes drive.

How is parking there? Is there always parking available on weekends?

In the building where we live, we always have plenty of parking. But whenever we want to go down to the beach, sometimes it would be a little bit of a struggle. We just have to get there early enough to make sure we have parking.

Do you walk or do you take the car to grocery stores? How is the traffic there if you do take the car?

I walk because the building we're in is right across Safeway, right by Nuuanu. I literally pretty much walk straight across the street and do my shopping. It's so convenient. I don't have a car, so anywhere I need to go I either walk, or I wait for my husband on the weekends and that's when we drive somewhere.

So other than getting over to Ala Moana or somewhere else on weekends, you didn't really need the car?

That's right. It actually saved us quite a bit of money.

Do you have any concerns with crime in the neighborhood?

There are some pockets where I probably would stay away from if I was going to be walking at night time. There are some areas where I wouldn't go by myself, being a woman, at night time. But in the daytime, everything is fine. I've never had any issue. I'd just recommend women to be a little bit cautious at night time about certain neighborhoods in Downtown or Chinatown to walk by themselves. But that could happen anywhere.

How is the noise level like?

In the building where we live, we're actually on the side right by the Pali, so ours is probably a little bit noisier. There are three towers in this particular building, so I think if we were at one of the other towers, it wouldn't be so noisy. We just have a little bit of traffic noise from the Pali.

You don't get noise from planes or anything, it's just mainly traffic noise?

Yes.

What are the things you like best about your neighborhood?

I particularly like the grounds of our building. We're living at Queen Emma Gardens. The grounds are amazing. We have a great pool, a nice kiddie pool, nice green garden areas to walk around. On top of that, I really like the convenience factor of not needing to have car, being able to walk to grocery shopping, walk to Chinatown, and walk to my work.

If you'd like to change something about your neighborhood, what would you like to change about it?

One of the factors for me is that I can't walk to the beach. And at night time on the weekdays, downtown kind of shuts down. It's really for the business people. It's more active in the daytime. On the weekends, they have some bars and clubs that are open. But on the weekdays, there really isn't much to do after work hours because everything shuts down after the businesses close.

What are your neighbors like? Did you get to know some neighbors?

I guess one drawback of living in a high rise is that it does seem like people are very private. They just go into their apartments and close the door. We didn't really get to know our neighbors very well. But for someone who likes to have privacy, it's maybe a good thing.

Any nearby favorite restaurants that you like to eat at?

There's a place called JJ Dolan's that has great pizza. It's like a little bar, but they're known for their pizzas. It's really good, like homemade style pizzas. There are a few bars and some nice restaurants--there's Du Vin.

You mentioned Safeway for grocery shopping. Any other places to shop nearby?

For most of my produce, it's just so much more economical to go to Chinatown. For the other goods, we have everything that we need at Safeway. There's a Longs too, so we really have everything. It's pretty convenient.

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

There are, but we're not involved too much. We're just kind of getting settled here from the mainland. We're just really focusing on our work and getting relocated.

You're probably walking distance to get to see the Christmas parade, I would assume, because that kind of goes right down that street through Chinatown, past in front of the government buildings?

That's right. Unfortunately, we've never participated. But there's always a ton of things to do.

I guess Chinatown probably has some events--like Chinese New Year's, that type of thing. That's probably pretty loud.

Yes, that's true.

Would you recommend buying a condo in the downtown neighborhood?

Yes, I think for some people that would be the perfect option. For someone who works in Downtown, that would be a really convenient option. Or if they need to drive somewhere, it's still very convenient, you can get on the freeways, you can get on the Pali. It's very nice and central.

Is the biggest drawback not being able to walk to the beach? What's the biggest drawback?

It feels like it closes down after 5:00. A lot of the places would just close. Much of the activity is there during the daytime. It's just kind of strange. It's not like the typical downtown that people might be used to, like San Francisco, where it's going at all hours of the day. But it could have its benefits, too. It's a little more quiet. And there are some pockets of areas where you can find some really fun places to go to. It's a different downtown. For someone who's never been there before, I would recommend them to check it out first. They might expect it to be something like San Francisco, when it's just not.

That's a good point. For someone who's thinking about moving there, they might want to check it out in the evening, too, not just during the day, to see what's going on, that type of thing.

Right, that would be the recommendation.



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