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Iolani Court Plaza 2499 Kapiolani Boulevard Unit 3708 Honolulu HI 96826

$589,000 | OahuRE Rebate $3,534 | Active

Price dropped on 02-26-2024. Original price was $615,000

Listed on 10-02-2023

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

1,064 Square Feet Living * $1,489 Total Association Fees

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Property Last Viewed: 04/27/2024 04:37 AM, Total Views Today: 1, Total Views: 320, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Iolani Court Plaza since this property was listed.

The last sale on May 16, 2006, used Conventional financing, so it is not an assumable mortgage.

Listed previously on January 28, 2023 for $725,000. View Details

Listed previously on October 28, 2005 for $525,000. View Details

Listed previously on September 18, 2003 for $399,000. View Details

Listed previously on April 1, 2003 for $385,000. View Details

Listed previously on November 19, 1999 for $279,000. View Details

Listed previously on June 21, 1999 for $289,000. View Details

Price Decreased 11 times. View Details

Withdrawn 3 times. View Details

Expired 1 time. View Details

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

There are 47 buildings in the same region with similar units for sale.

Price trends for Iolani Court Plaza.

There were 20 units sold in the last 2 years in the Iolani Court Plaza building.


Iolani Court Plaza 2499 Kapiolani Boulevard  Unit 3708

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Iolani Court Plaza 2499 Kapiolani Boulevard  Unit 3708

Iolani Court Plaza 2499 Kapiolani Boulevard  Unit 3708

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Property Details

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MLS#: 202322093 * Questions?
Status: Active since 10-02-2023 See History
Price: $589,000
Rebate: $ 3,534 from OahuRE.com.
Monthly: $ 5,054.53 Update the default down payment and interest rate
  Monthly payment estimate for $ 589,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 180 taxes, and $ 1,489 fees. Insurance not included.
Beds: 2   Baths: 2   Half: 0  Parking Spaces: 1
Living Sq Ft: 1,064
Land Tenure: FS - Fee Simple
Total Fees: $1,489
Lanai Sq Ft: 0
Address: 2499 Kapiolani Boulevard 3708 Honolulu HI 96826
Region: Metro - Activity
Neighborhood: Kapiolani - Activity
Street: Kapiolani - Activity * Kapiolani Boulevard Stats
Building Name: Activity in Iolani Court Plaza * Iolani Court Plaza Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $615,000
Change: $-26,000    -4.23%
Parcel#: 1-2-7-019-014-0330
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 208 days in Active or In Escrow Showing
Date: Listed: 10-02-2023
Date: Status Change: 10-02-2023
Recent History: Expired Listing - Listed for 246 days starting on 01-28-2023 - MLS# 202301406
Year Built: 1979 Remodeled: 2021
View: City, Coastline, Marina/Canal, Mountain, Ocean, Sunset
Frontage:
Monthly Tax: $180 Year: 2022
Land: FS - Fee Simple
Condition: Excellent

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Description:

Price reduced again ! Rarely Available #08 Ocean Corner unit on 37th floor with Spectacular Ocean, City and Mountain Views! Enjoy this recently renovated Two Bedroom/ Two Bath Executive Suite with permitted Enclosed Lanai, Hardwood and Slate flooring, Granite Counters, Redesigned Kitchen with GE Profile Appliances, and other upgrades including a Built-in Entertainment Center to showcase mounted 70' Samsung TV. Freshly painted walls and cabinetry thoughout condo. The Iolani Court Plaza is a well maintained Condominium with many amenities including Pool, Jacuzzi, BBQ, 2 lighted and newly resurfaced Tennis courts, Sauna and large Recreation Deck and Recreation Room, and lots of guest parking! You will find the layout of this condo complex extremely convenient with easy in/out access to parking, lobby and amenities, and even includes a convenience store on the first floor. The location of this property is centrally located close to freeway access, Iolani School, Kaimuki High School, University of Hawaii, Ala Wai golf course, bus stop and Ala Moana Shopping Center and Medical Facilities. Seller would consider providing flexible PARTIAL SELLER FINANCING as needed.

 
 
Inclusions: AC Central, Auto Garage Door Opener, Blinds, Cable TV, Dishwasher, Disposal, Dryer, Kitchenware, Linens, Microwave Hood, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Amenities: BBQ, Car Wash, Club House, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Putting Green, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool

Utilities: Construction: Concrete Lot Features: Floor: Ceramic Tile, Hardwood Disclosures: 1031 Exchange Land Recorded: Land Court Furnished: Full

Possession: At Closing Terms: Cash, Conventional, Open, VA Sale Conditions: None Pet Friendly: No Occupancy: 59% Number of Parking Spaces: 1 Parking Spaces Number: 1-41 Floor Number: 37 Elevators: 4 Management Company Name & Phone: W.E. DENISON 808 733-7400

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $70,800
Building: $489,900  
Assessed Total: $560,700  
Assessed Ratio: 105.05%
Pool:
Location:
Parking: Assigned

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District Locator: DOE Locator to Confirm District
Area Total: 95,048
Acres: 2.1820
Topography:
Building Style: High-Rise 7+ Stories
Building: Iolani Court Plaza
New Const: No

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Maint. Fee: $1,489
Assoc. Fee: $0
Other Fee: $0
Includes: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
Total Fees: $1,489
Exemption: 0
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 0
Avg Sq Ft Living: $553.57
Security: Gated Community, Security Patrol, Video
Rental Income: $0
Zoning: 13 - A-3 High Density Apartment
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 * 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 Hawaiian Condo Resorts, Inc. (808) 383-4039

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
02-26-2024 202322093 Price Decrease $594,000 $589,000 $589,000 $0 $560,700 $70,800 $489,900
01-19-2024 202322093 Price Decrease $599,000 $594,000 $589,000 $0 $560,700 $70,800 $489,900
10-02-2023 202322093 Price Decrease $615,000 $599,000 $589,000 $0 $560,700 $70,800 $489,900
10-02-2023 202322093 New Listing $615,000 Active $589,000 $0 $560,700 $70,800 $489,900
10-02-2023 202301406 Expired Active Expired $615,000 $0 $560,700 $70,800 $489,900
08-31-2023 202301406 Price Decrease $630,000 $615,000 $615,000 $0 $560,700 $70,800 $489,900
08-02-2023 202301406 Price Decrease $654,000 $630,000 $615,000 $0 $560,700 $70,800 $489,900
06-18-2023 202301406 Price Decrease $659,000 $654,000 $615,000 $0 $560,700 $70,800 $489,900
05-29-2023 202301406 Price Decrease $669,000 $659,000 $615,000 $0 $560,700 $70,800 $489,900
05-04-2023 202301406 Price Decrease $679,000 $669,000 $615,000 $0 $560,700 $70,800 $489,900
03-03-2023 202301406 Price Decrease $699,000 $679,000 $615,000 $0 $560,700 $70,800 $489,900
02-22-2023 202301406 Price Decrease $725,000 $699,000 $615,000 $0 $560,700 $70,800 $489,900
01-29-2023 202301406 New Listing $725,000 Active $615,000 $0 $560,700 $70,800 $489,900
05-17-2006 2518533 Sold In Escrow Showing Sold $525,000 $498,000 $394,900 $36,000 $358,900
04-03-2006 2518533 Active Continue to Show Active In Escrow Showing $525,000 $498,000 $394,900 $36,000 $358,900
10-28-2005 2518533 New Listing Active Active $525,000 $498,000 $394,900 $36,000 $358,900
12-07-2003 2312160 Withdrawn Active Cancelled $399,000 $0 $258,300 $36,000 $222,300
09-18-2003 2312160 New Listing Active Active $399,000 $0 $258,300 $36,000 $222,300
04-01-2003 2304226 New Listing Active Active $385,000 $0 $258,300 $36,000 $222,300
02-22-2000 9908347 Withdrawn Active Cancelled $279,000 $0 $236,800 $36,000 $200,800
11-22-1999 9903611 Withdrawn Active Cancelled $279,000 $0 $236,800 $36,000 $200,800
11-19-1999 9908347 New Listing Active Active $279,000 $0 $236,800 $36,000 $200,800
08-03-1999 9903611 Price Decrease $289,000 $279,000 $279,000 $0 $236,800 $36,000 $200,800
06-28-1999 9903611 New Listing $289,000 Active $279,000 $0 $236,800 $36,000 $200,800

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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
$3,475$3,569$3,665$3,762$3,859$3,958$4,058$4,159$4,363
3.5% Down
$3,353$3,444$3,537$3,630$3,724$3,820$3,916$4,013$4,210
10% Down
$3,127$3,212$3,298$3,386$3,474$3,562$3,652$3,743$3,927
20% Down
$2,780$2,855$2,932$3,009$3,088$3,167$3,246$3,327$3,490
30% Down
$2,432$2,499$2,565$2,633$2,702$2,771$2,841$2,911$3,054
40% Down
$2,085$2,142$2,199$2,257$2,316$2,375$2,435$2,495$2,618
50% Down
$1,737$1,785$1,832$1,881$1,930$1,979$2,029$2,079$2,182

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Neighborhood Interview from a neighbor who lives there.

How long have you lived in the Kapiolani neighborhood?

I can't remember if it's 4 or 5 years, but at least 4 years.

What factors influenced your decision to move to your neighborhood?

The Ala Wai park is nearby. I work at the University from time to time. All the transportation is convenient. Those are all the factors. I'm a contractor, so most of my work is right around town, Waikiki area, so it's easy to get to every place.

How does where you lived before compare?

I was over in Waikiki. I actually like Waikiki too, you know. I would have to say that I miss that kind of energy of Waikiki. Actually, maybe I prefer Waikiki.

So basically the only reason why you moved from Waikiki to Kapiiolani is the convenience for work?

No. It's economic. Waikiki is a bit too spendy for me.

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

Traffic is a breeze. Absolutely no problem. Of course, unless you go at 7:30AM trying to get to downtown, you could have a problem. But traffic is no problem.

Do you have any concerns with crime in the neighborhood?

There is a little bit. There is that park on Isenberg, there's some activity there. But I have never had a personal problem with crime. Just get to walk through some questionable areas. I've seen a few people running away from some situations.

How are the schools in the area?

I don't have kids so I'm not familiar. From time to time, I work at the University, so that school is good. Then they have that middle school, but I have no idea how good or bad that school is.

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

That's the one thing that this neighborhood beats Waikiki on. It is quiet. No noise.

What are the things you like best about your neighborhood?

Just like I said, there's almost no traffic on the streets, so parking is easy. The neighbors are all friendly. It's just a friendly environment.

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

I wish there were more grocery stores nearby. The closest one is Longs. So you have to go up about a mile and a half in either direction to get to a store. That's kind of a drag.

Aside from being friendly, what are your neighbors like?

They're always out walking their dogs, so they always seem to stop and talk, so we get to know each other pretty well.

Do you have any favorite nearby restaurants?

The Willows is right across the street. That's a terrific place. Then there's Subway right up half a block away. Down to Earth. There's a few good places to eat. All kinds of fast food--Burger King is there, some Indian restaurants right on the King, right around the corner.

What about favorite nearby places to shop?

For appliances, I have to go to Ala Moana to shop. If it's easy food, then I spend most of my time in Longs. Other than that, I go up to Foodland on either side (Foodland Beretania or Foodland Ala Moana.)

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

I don't. I don't think I've ever been apprised of any neighborhood events either. So I don't have any information on that.

Would you recommend buying a house in your neighborhood?

Oh, yeah. It's a great neighborhood. Like I said, you get to know the neighbors so you feel safe and secure. Everyone watches out for everyone else. Yeah, it's a great place.



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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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