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2550 Waiomao Road Honolulu HI 96816

$2,335,000 | OahuRE Rebate $14,010 | Active

Listed on 08-29-2023

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

1,440 Square Feet Living * 202,300 Square Feet Land

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Property Last Viewed: 04/26/2024 08:15 PM, Total Views Today: 0, Total Views: 516, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Palolo neighborhood since this property was listed.

Listed previously on May 19, 2022 for $3,500,000. View Details

Listed previously on August 28, 2020 for $3,600,000. View Details

Fell out of escrow or Temporarily Withdrawn 1 time. View Details

Expired 2 times. View Details

Not in good condition.

Price trends for Palolo.

There were 93 homes sold in the last 2 years in the Palolo neighborhood.


2550 Waiomao Road

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2550 Waiomao Road

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Property Details

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MLS#: 202320148 * Questions?
Status: Active since 08-29-2023 See History
Price: $2,335,000
Rebate: $ 14,010 from OahuRE.com.
Monthly: $ 13,683.41 Update the default down payment and interest rate
  Monthly payment estimate for $ 2,335,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 262 taxes, and $ 0 fees. Insurance not included.
Beds: 4   Baths: 1   Half: 0  Parking Spaces: 2
Living Sq Ft: 1,440
Land Sq Ft: 202,300
Land Tenure: FS - Fee Simple
Address: 2550 Waiomao Road Honolulu HI 96816
Region: Diamond Head - Activity
Neighborhood: Palolo - Activity * Palolo Stats
Street: Waiomao - Activity * Waiomao Road Stats
Showing: Showing Request

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Original: $2,335,000
Change: $0    0.00%
Parcel#: 1-3-4-034-021-0000
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: 11-28-2023
Recent History: Expired Listing - Listed for 365 days starting on 05-19-2022 - MLS# 202209720
Year Built: 1946 Remodeled: 1956
View: Mountain
Frontage: Other, Preservation, Stream/Canal
Monthly Tax: $262 Year: 2023
Land: FS - Fee Simple
Condition: Tear Down

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Description:

If you're looking to escape to a hidden paradise, but want to be near the conveniences of Honolulu, don't miss "Majestic Palolo Valley" at 2550 Waiomao Place. Consisting of 4.76 acres, this is a rare opportunity to capture an example of Hawaii's tropical paradise, including approx. 1.4 acres (~61,000 sq.ft.) of R-5 zoning. This single-family home opportunity allows you to exercise your creative vision in developing your dream home in a truly special location among Hawaii's natural beauty. Majestic lush hillsides, mountains, gentle sounds of Waiomao Stream and singing birds set an unrivaled backdrop for your new creation, with mature old-growth Lychee, Star Fruit, Mountain Apple trees, plus a bamboo forest on property. Situated minutes from the Heart of Honolulu, don't miss this opportunity to create something magical in Paradise. The adjoining vacant lot TMK#1-3-4-034-020-0000 consisting of 5,394 sq.ft is sold separately. The adjoining vacant lot TMK#1-3-4-034-020-0000 consisting of 5,394 sq.ft is sold separately. MLS#202320147.

 
 
Inclusions: None

Amenities: None

Utilities: Public Water, Water Construction: Above Ground, Wood Frame Lot Features: Other, Wooded Floor: Other Disclosures: Non Resident Owner, Property Disclosure Stmt Land Recorded: Regular System Furnished: None

Possession: 45 Days or Less, At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $771,300
Building: $125,200  
Assessed Total: $896,500  
Assessed Ratio: 260.46%
Pool: None
Location: Other
Parking: 3 Car+

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District Locator: DOE Locator to Confirm District
Area Total: 202,300
Acres: 4.6442
Topography: Down Slope, Hilly, Level, Up Slope
Building Style: 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: 0
Other: 476
Lanai Sq Ft: 0
Garage Sq Ft: 360
Avg Sq Ft Living: $1,621.53
Avg Sq Ft Land: $11.54
Security: Key
Rental Income: $0
Stories: One CPR: No
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: Other
Set-Backs: Of Record Roads: Paved Rd, Private Rd
Easements: Electric, Sewer

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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 Sachi HI Pacific Century Prop. (808) 351-7151

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
11-28-2023 202320148 Back On Market In Escrow Showing Active $2,335,000 $0 $896,500 $771,300 $125,200
11-06-2023 202320148 Active Under Contract Active In Escrow Showing $2,335,000 $0 $896,500 $771,300 $125,200
08-29-2023 202320148 New Listing Active Active $2,335,000 $0 $896,500 $771,300 $125,200
05-20-2023 202209720 Expired Active Expired $3,500,000 $0 $723,500 $669,200 $54,300
05-19-2022 202209720 New Listing Active Active $3,500,000 $0 $723,500 $669,200 $54,300
12-29-2021 202021607 Expired Active Expired $3,600,000 $0 $712,700 $646,500 $66,200
08-28-2020 202021607 New Listing Active Active $3,600,000 $0 $712,700 $646,500 $66,200

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Estimated Monthly Mortgage Payment

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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
$13,775$14,150$14,529$14,913$15,300$15,692$16,087$16,487$17,296
3.5% Down
$13,293$13,655$14,021$14,391$14,765$15,143$15,524$15,910$16,691
10% Down
$12,398$12,735$13,076$13,421$13,770$14,123$14,479$14,838$15,567
20% Down
$11,020$11,320$11,623$11,930$12,240$12,554$12,870$13,189$13,837
30% Down
$9,643$9,905$10,170$10,439$10,710$10,984$11,261$11,541$12,108
40% Down
$8,265$8,490$8,718$8,948$9,180$9,415$9,652$9,892$10,378
50% Down
$6,888$7,075$7,265$7,456$7,650$7,846$8,044$8,243$8,648

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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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Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 04.27.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

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