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Summer Palace 1848 Kahakai Drive Unit 1503 Honolulu HI 96814

$442,000 | OahuRE Rebate $2,210 | Sold

Buyer's Agent Commission is 2.5%

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Price dropped on 12-04-2021. Original price was $465,000

Listed on 08-17-2021 * 195 Days until Sold

Sold for $429,000 on 02-28-2022

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

547 Square Feet Living * $526 Total Association Fees

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

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Property Last Viewed: 05/22/2022 06:59 PM, Total Views Today: 0, Total Views: 592, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Summer Palace since this property was listed.

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

This is a Short Sale.

Listed previously on August 25, 2014 for $408,000. View Details

Fell out of escrow or Temporarily Withdrawn 2 times. View Details

Price Decreased 2 times. View Details

Expired 1 time. View Details

There are 3 buildings in the same neighborhood with similar units for sale.

There are 42 buildings in the same region with similar units for sale.

Price trends for Summer Palace.

There were 14 units sold in the last 2 years in the Summer Palace building.


Summer Palace 1848 Kahakai Drive  Unit 1503

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Summer Palace 1848 Kahakai Drive  Unit 1503

Summer Palace 1848 Kahakai Drive  Unit 1503

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Property Details

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MLS#: 202120997 * Questions?
Status: Sold for $429,000 on 02-28-2022 See History
Price: $442,000
Rebate: $ 2,210 from OahuRE.com.
Monthly: $ 2,356.83 Update the default down payment and interest rate
  Monthly payment estimate for $ 442,000 price, 10% down, 3.11% interest rate, 30 year loan, $ 130 taxes, and $ 526 fees. Insurance not included.
Beds: 1   Baths: 1   Half: 0  Parking Spaces: 1
Living Sq Ft: 547
Land Tenure: FS - Fee Simple
Total Fees: $526
Lanai Sq Ft: 0
Address: 1848 Kahakai Drive 1503 Honolulu HI 96814
Region: Metro - Activity
Neighborhood: Ala Moana - Activity
Street: Kahakai - Activity * Kahakai Drive Stats
Building Name: Activity in Summer Palace * Summer Palace Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $465,000
Change: $-23,000    -4.95%
Parcel#: 1-2-3-036-020-0067
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 46 days in Active or In Escrow Showing
Date: Listed: 08-17-2021
Date: In Escrow Showing: 12-12-2021
Date: Status Change: 02-28-2022
Year Built: 1976 Remodeled:
View: City, Marina/Canal
Frontage: Other
Monthly Tax: $130 Year: 2020
Land: FS - Fee Simple
Condition: Above Average, Excellent

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Description:

AMAZING PROPERTY!!! Move In Ready condition! Located near shopping, restaurants, target, just to name a few. Incredible find!!! 3rd party processor handling for a VERY quick and smooth approval process!!! Property is being sold as-is. Seller requests that buyer be preapproved with pacrim mortgage before submitting an offer.

 
 
Inclusions: AC Window Unit, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Amenities: Patio/Deck, Pool on Property, Security Guard, Trash Chute, Wall/Fence

Utilities: Construction: Concrete, Masonry/Stucco Lot Features: Floor: Ceramic Tile, Vinyl Disclosures: Lender Approval Required, Property Disclosure Stmt, See Remarks Land Recorded: Dual Systems Furnished:

Possession: At Closing Terms: Cash, Conventional, VA Sale Conditions: Short Sale Pet Friendly: Yes Occupancy: 33% Number of Parking Spaces: 1 Parking Spaces Number: TBD Floor Number: 15 Elevators: 2 Management Company Name & Phone: Hawaiiana 808-593-9100

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Sold Price: $429,000 Loan Type: Cash
Concession:
Closed: 02-28-2022
Sold Ratio: 97%
Days Sold: 195
Land: $30,800
Building: $415,100  
Assessed Total: $445,900  
Assessed Ratio: 99.13%
Pool:
Location:
Parking: Assigned, Garage, Guest, Secured Entry, Street

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District Locator: DOE Locator to Confirm District
Area Total: 26,833
Acres: 0.6160
Topography:
Building Style: High-Rise 7+ Stories
Building: Summer Palace
New Const: No

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Maint. Fee: $527
Assoc. Fee: $0
Other Fee: $0
Includes: Electricity, Hot Water, Other Common Expenses, Sewer, Water
Total Fees: $526
Exemption: 0
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 0
Avg Sq Ft Living: $808.04
Security: Key, Keyed Elevator, Security Patrol, Video
Rental Income: $0
Zoning: 12 - A-2 Medium Density Apartme
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:

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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 Keller Williams Honolulu

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
02-28-2022 202120997 Sold In Escrow Showing Sold $442,000 $429,000 $445,900 $30,800 $415,100
12-14-2021 202120997 In Escrow Showing Active In Escrow Showing $442,000 $429,000 $445,900 $30,800 $415,100
12-05-2021 202120997 Back On Market In Escrow Showing Active $442,000 $429,000 $445,900 $30,800 $415,100
12-04-2021 202120997 Price Increase $428,000 $442,000 $442,000 $429,000 $445,900 $30,800 $415,100
10-27-2021 202120997 In Escrow Showing Active In Escrow Showing $442,000 $429,000 $445,900 $30,800 $415,100
10-26-2021 202120997 Back On Market In Escrow Showing Active $442,000 $429,000 $445,900 $30,800 $415,100
09-22-2021 202120997 In Escrow Showing Active In Escrow Showing $442,000 $429,000 $445,900 $30,800 $415,100
09-15-2021 202120997 Price Decrease $442,000 $428,000 $442,000 $429,000 $445,900 $30,800 $415,100
08-31-2021 202120997 Price Decrease $465,000 $442,000 $442,000 $429,000 $445,900 $30,800 $415,100
08-18-2021 202120997 New Listing $465,000 Active $442,000 $429,000 $445,900 $30,800 $415,100
05-27-2015 201417256 Sold Expired Sold $408,000 $408,000 $378,500 $24,300 $354,200
03-01-2015 201417256 Expired In Escrow Showing Expired $408,000 $408,000 $378,500 $24,300 $354,200
11-25-2014 201417256 In Escrow Showing Active In Escrow Showing $408,000 $408,000 $378,500 $24,300 $354,200
09-07-2014 201417256 New Listing Active Active $408,000 $408,000 $378,500 $24,300 $354,200

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Pet Friendly Building - Always confirm with Agent.


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Estimated Monthly Mortgage Payment

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Save $20,791.28 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
2.36% 2.61% 2.86% 3.11% 3.36% 3.61% 3.86% 4.11% 4.61%
0% Down
$1,714$1,772$1,830$1,890$1,950$2,012$2,075$2,138$2,269
3.5% Down
$1,654$1,710$1,766$1,824$1,882$1,942$2,002$2,063$2,189
10% Down
$1,543$1,595$1,647$1,701$1,755$1,811$1,867$1,924$2,042
20% Down
$1,372$1,417$1,464$1,512$1,560$1,610$1,660$1,711$1,815
30% Down
$1,200$1,240$1,281$1,323$1,365$1,408$1,452$1,497$1,588
40% Down
$1,029$1,063$1,098$1,134$1,170$1,207$1,245$1,283$1,361
50% Down
$857$886$915$945$975$1,006$1,037$1,069$1,134

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Buyer's rebate is 20% of our commission when we represent the buyer.

Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 05.28.22. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.

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