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3473A Paty Drive Unit 243A Honolulu HI 96822

$5,300,000 | OahuRE Rebate $26,500 | Active

Listed on 08-29-2023

5 Bedrooms, 4 Full Baths, 2 Half Baths, 6 Parking Spaces

6,411 Square Feet Living * 412,992 Square Feet Land

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Property Last Viewed: 04/26/2024 11:49 PM, Total Views Today: 0, Total Views: 1,241, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Manoa-woodlawn neighborhood since this property was listed.

The last sale on January 15, 2020, used Conventional financing, so it is not an assumable mortgage.

Listed previously on May 16, 2022 for $5,950,000. View Details

Listed previously on January 25, 2019 for $4,978,000. View Details

Listed previously on January 25, 2018 for $5,589,000. View Details

Fell out of escrow or Temporarily Withdrawn 2 times.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

Price Decreased 4 times. View Details

Withdrawn 1 time. View Details

Expired 1 time. View Details

Price trends for Manoa-Woodlawn.

There were 23 homes sold in the last 2 years in the Manoa-woodlawn neighborhood.


3473A Paty Drive  Unit 243A

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3473A Paty Drive  Unit 243A

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Property Details

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MLS#: 202320095 * Questions?
Status: Active since 08-29-2023 See History
Price: $5,300,000
Rebate: $ 26,500 from OahuRE.com.
Monthly: $ 31,636.02 Update the default down payment and interest rate
  Monthly payment estimate for $ 5,300,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 1,172 taxes, and $ 0 fees. Insurance not included.
Beds: 5   Baths: 4   Half: 2  Parking Spaces: 6
Living Sq Ft: 6,411
Land Sq Ft: 412,992
Land Tenure: FS - Fee Simple
Address: 3473A Paty Drive 243A Honolulu HI 96822
Region: Metro - Activity
Neighborhood: Manoa-Woodlawn - Activity * Manoa-Woodlawn Stats
Street: Paty - Activity * Paty Drive Stats
Showing: Showing Request

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Original: $5,300,000
Change: $0    0.00%
Parcel#: 1-2-9-049-046-0001
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 242 days in Active or In Escrow Showing
Date: Listed: 08-29-2023
Date: Status Change: 11-17-2023
Recent History: Last Sold on 01-15-2020 for $3,450,000 - MLS# 201903008 - Seller's Agent: Susan N Borochov, Buyer's Agent: Maria Kawananakoa
Year Built: 1990 Remodeled: 2017
View: City, Coastline, Garden, Mountain, Ocean, Sunset
Frontage: Preservation
Monthly Tax: $1,172 Year: 2023
Land: FS - Fee Simple
Condition: Excellent

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Description:

MAJESTIC MANOA MASTERPIECE! This tranquil property sits on 9.480 acres of preservation land. Sitting at the end of Paty Drive, this home offers privacy on top of 360 surrounding degree views. Not only does nature hug every crevice of this home, it is the centerpiece of the main floor living area. Breathe in fresh air from the comfort of your sofa. The airy design along with the soaring glass ceilings integrates the home with nature, making this home the ultimate sanctuary.

Renovations were done by award winning and international designer Beatrice Girelli of Indidesign. An external glass elevator was added in 2021, along with re-landscaping and re-decking. You are allowed to build an Accessory Dwelling Unit on the premises, but only up to 3,500 sq. ft. Please confirm with DPP.

 
 
Inclusions: AC Central, Auto Garage Door Opener, Blinds, Cable TV, Ceiling Fan, Chandelier, Convection Oven, Dishwasher, Disposal, Dryer, Fireplace, Gas Grill, Microwave, Photovoltaic - Owned, Range/Oven, Refrigerator, Security System, Smoke Detector, Solar Heater, Washer, Wine Refriger

Amenities: ADA Accessible, Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck

Utilities: Cable, Connected, Internet, Public Water, Underground Electricity Construction: Concrete, Double Wall, Slab, Wood Frame Lot Features: Clear, Other, Wooded Floor: Hardwood, Other Disclosures: Licensed Owner, Listor Owner, Pet on Property, Photovoltaic Land Recorded: Land Court Furnished: Full

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,804,100
Building: $2,453,100  
Assessed Total: $4,257,200  
Assessed Ratio: 124.49%
Pool: Heated, In Ground, Spa/HotTub
Location: Dead End, Inside, Other
Parking: 3 Car+, Driveway, Garage

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District Locator: DOE Locator to Confirm District
Area Total: 412,992
Acres: 9.4810
Topography: Gentle Slope, Steep Slope, Terraced
Building Style: CPR, 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: 140000
Other: 501
Lanai Sq Ft: 0
Garage Sq Ft: 626
Avg Sq Ft Living: $826.70
Avg Sq Ft Land: $12.83
Security: Video
Rental Income: $0
Stories: Three+ CPR: Yes
Zoning: 61 - P-1 Restricted Preservatio
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: Aluminum/Steel, Wood Shake
Set-Backs: C and C Roads: Paved Rd
Easements: Driveway, Electric, View

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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 Coldwell Banker Realty (808) 596-0456

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
11-17-2023 202320095 Back On Market In Escrow Showing Active $5,300,000 $0 $4,257,200 $1,804,100 $2,453,100
10-16-2023 202320095 Active Under Contract Active In Escrow Showing $5,300,000 $0 $4,257,200 $1,804,100 $2,453,100
08-29-2023 202320095 New Listing Active Active $5,300,000 $0 $4,257,200 $1,804,100 $2,453,100
11-02-2022 202209226 Withdrawn Active Cancelled $5,950,000 $0 $2,715,700 $1,734,700 $1,121,000
08-24-2022 202209226 Back On Market In Escrow Showing Active $5,950,000 $0 $2,715,700 $1,734,700 $1,121,000
08-16-2022 202209226 In Escrow Showing Active In Escrow Showing $5,950,000 $0 $2,715,700 $1,734,700 $1,121,000
05-16-2022 202209226 New Listing Active Active $5,950,000 $0 $2,715,700 $1,734,700 $1,121,000
01-15-2020 201903008 Sold In Escrow Showing Sold $3,945,000 $3,450,000 $2,992,200 $1,703,200 $1,369,000
11-25-2019 201903008 In Escrow Showing Active In Escrow Showing $3,945,000 $3,450,000 $2,992,200 $1,703,200 $1,369,000
09-23-2019 201903008 Price Decrease $3,995,000 $3,945,000 $3,945,000 $3,450,000 $2,992,200 $1,703,200 $1,369,000
09-17-2019 201903008 Price Decrease $4,388,000 $3,995,000 $3,945,000 $3,450,000 $2,992,200 $1,703,200 $1,369,000
05-20-2019 201903008 Price Decrease $4,978,000 $4,388,000 $3,945,000 $3,450,000 $2,992,200 $1,703,200 $1,369,000
01-25-2019 201903008 New Listing $4,978,000 Active $3,945,000 $3,450,000 $2,992,200 $1,703,200 $1,369,000
01-25-2019 201801797 Expired Active Expired $4,978,000 $0 $2,745,100 $1,640,200 $1,104,900
08-29-2018 201801797 Price Decrease $5,589,000 $4,978,000 $4,978,000 $0 $2,745,100 $1,640,200 $1,104,900
01-25-2018 201801797 New Listing $5,589,000 Active $4,978,000 $0 $2,745,100 $1,640,200 $1,104,900

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Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$31,267$32,118$32,978$33,849$34,729$35,618$36,516$37,422$39,260
3.5% Down
$30,173$30,994$31,824$32,664$33,513$34,371$35,237$36,112$37,886
10% Down
$28,140$28,906$29,681$30,464$31,256$32,056$32,864$33,680$35,334
20% Down
$25,013$25,694$26,383$27,079$27,783$28,494$29,212$29,938$31,408
30% Down
$21,887$22,482$23,085$23,694$24,310$24,932$25,561$26,195$27,482
40% Down
$18,760$19,271$19,787$20,309$20,837$21,371$21,909$22,453$23,556
50% Down
$15,633$16,059$16,489$16,924$17,364$17,809$18,258$18,711$19,630

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Neighborhood Interview from a neighbor who lives there.

How long have you lived in the Lower Manoa neighborhood?

I'd say about 7 or 8 years.

What factors influenced your decision to move to your neighborhood?

Several, actually. They have very good schools, as opposed to sending a child to public school, or as opposed to Kalihi, other places, or even the Waikiki area.

I like the wetness. I like a lot of rain, the greenery. It's kind of lush, not dry like a desert.

Even the library is okay, it's a little old. Now there's a new one. The location and the contents of the public library there is nice.

It has a nice homely feel to it. If you live in Waikiki, you live there, but it's not homely. It's very brick-and-mortar and you have to look for grass. In Manoa, the grass looks for you.

Also, the people who tend to live in Manoa tend to be more education-oriented. I'm not saying they're smarter or make more money. They're into some type of education. They're usually higher educated or doing something in academia, research, teaching, or something of the sort.

The proximity to UH is okay, but not that important to me. Rating from a scale from 0 to 10, maybe 4. But I do like that aspect though. The people in academia are basically there in Manoa is because the University is there, in my opinion.

The people who tend to live there tend to have higher incomes, which means people tend to afford to maintain their properties. That was an important factor for me. That's kind of a little bit selfish I guess, but it is a factor. If I have a problem, I hope my neighbor thinks that I can afford it and take care of it.

How does where you lived before compare?

Before I lived in Manoa, I lived in a very small apartment that I rented in Beverly Hills, California. You can't really compare that to Manoa, because it's like comparing fruits and nuts. It's very different.

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

It's pretty convenient. Sometimes I drive, walk, bike, or take the bus at a variety of times. On a scale of 0-10, I'd probably say a 9.5. No matter how you look at it, it's pretty convenient.

So you seldom encounter heavy traffic?

That's the nice thing about that area. It does flow nicely in and around the area. Not as where I live, but around the whole Manoa area, traffic flows really well.

Do you have any concerns with crime in the neighborhood?

No. That is one of the things I looked at before I decided to move there. As opposed to Kalihi, Waikiki, or Makiki, or in those vicinities. Overall, it's pretty low, but it's really low compared to those 3 places. Another interesting thing, if you go to other places on the island, you see security guards everywhere. In Manoa, you see a few security guards. You don't see them as much as in other places on the island. That was an important decision for me. I'd say it's probably extremely safe.

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

No unusual urban noise. It's relatively quiet, peaceful. The only exceptions are graduation around December and May around UH Manoa, but that's to be expected, typical, and only temporary. It's really no big deal. It's not really a factor at all. It's pretty peaceful.

What are the things you like best about your neighborhood?

First thing, I like my neighbors, for a variety of reasons. If you have more education, you tend to be easier to get along with, and tend to be more understanding about neighborhood issues, housing, and parking issues. Another interesting thing that I noticed when I was talking with my friends (one lives in Kalihi, one in Waikiki, one in Makiki, one in Pearl City, one in Makaha, and one in Liliha), we talked about how neighbors resolve issues--whether it be neighborly, housing, or parking conflicts. In Manoa the people who live there tend to deal with conflict resolution much better, than other places.

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

One thing I would change about it, and this has bugged me, is I would have more sidewalks. I don't understand what the deal is in Manoa not having these sidewalks, hardly. That's kind of aggravating, actually. There can be some sidewalks here, some spots here and there, but I like a regular system of sidewalks.

What are your favorite nearby restaurants?

I work in the King Street area, if that is considered nearby. Baikikoes, Moiliili area. It's a place I often go. I like the curry restaurant on the corner. The Japanese Curry House is just as good. I also go to the one next door, The Mediterraneo. I eat there some 3-4 times a month. There's one a lot further down past the Moiliili library is a Thai restaurant, right across the street from Moiliili library, and it's really good. I go to a coffee shop a lot, Glazer's. I do go maybe twice in a month for a little restaurant right up the University, a Vietnamese restaurant. It's delicious. Right in Manoa, when I want pizza, which is 3-4 times a month, I always have Boston's Pizza. It's pretty good for pizza.

What about favorite nearby places to shop?

You've got to love Ala Moana market place. The whole area is a wonderful place to shop. There are flower shops, food shops, restaurants, Long's, McDonald's. There's a post office inside, laundromat, banks are there. That is a nice place.

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

Sometimes, we would have a neighborhood watch and a neighborhood clean up, and we would take part in them. When I moved in, I was treated pretty nicely. I was relatively one of the younger people living in that area, but they're still pretty respectful and very nice to me, and accommodating.

Would you recommend buying a house in your neighborhood?

Absolutely. Especially if you can afford it.



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Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

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