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Park Lane 1388 Ala Moana Boulevard Unit 6500 Honolulu HI 96814

$7,300,000 | OahuRE Rebate $36,500 | Active

Price dropped on 03-28-2024. Original price was $7,800,000

Listed on 12-20-2023

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

1,968 Square Feet Living * $3,369 Total Association Fees

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Property Last Viewed: 04/27/2024 10:16 AM, Total Views Today: 0, Total Views: 127, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Park Lane since this property was listed.

The last sale on August 2, 2017, used Cash financing, so it is not an assumable mortgage.

Listed previously on August 2, 2017 for $4,990,000. View Details

Price Decreased 1 time. View Details

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

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

Price trends for Park Lane.

There were 33 units sold in the last 2 years in the Park Lane building.


Park Lane 1388 Ala Moana Boulevard  Unit 6500

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Property Details

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MLS#: 202328144 * Questions?
Status: Active since 12-20-2023 See History
Price: $7,300,000
Rebate: $ 36,500 from OahuRE.com.
Monthly: $ 49,603.88 Update the default down payment and interest rate
  Monthly payment estimate for $ 7,300,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 4,275 taxes, and $ 3,369 fees. Insurance not included.
Beds: 2   Baths: 2   Half: 1  Parking Spaces: 2
Living Sq Ft: 1,968
Land Tenure: FS - Fee Simple
Total Fees: $3,369
Lanai Sq Ft: 349
Address: 1388 Ala Moana Boulevard 6500 Honolulu HI 96814
Region: Metro - Activity
Neighborhood: Ala Moana - Activity
Street: Ala Moana - Activity * Ala Moana Boulevard Stats
Building Name: Activity in Park Lane * Park Lane Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $7,800,000
Change: $-500,000    -6.41%
Parcel#: 1-2-3-038-013-0140
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 131 days in Active or In Escrow Showing
Date: Listed: 12-20-2023
Date: Status Change: 12-20-2023
Recent History: Last Sold on 08-02-2017 for $4,990,000 - MLS# 201720752 - Seller's Agent: Bonnie A Wedemeyer, Buyer's Agent: Michael Y Namba
Year Built: 2016 Remodeled:
View: City, Coastline, Ocean, Sunset
Frontage:
Monthly Tax: $4,275 Year: 2023
Land: FS - Fee Simple
Condition: Excellent

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Description:

The popular "00" unit on the FIFTH Floor which is directly connected to the amenities and the front desk in the building SIX(6) at Park Lane Ala Moana. This is located in the heart of Honolulu. The unit is directly facing Ala Moana park and ocean view. 2 bedroom plus almost bedroom size of den/2.5 bath residence.

Floor to ceiling windows bring you elegant views in the day and night. Five star hotel resort-like amenities and services. The ideal location is the famous Ala Moana shopping Center, right in front of Ala moana beach park. This is a one of a kind property. The unit come with decent size storage.

 
 
Inclusions: AC Central, Blinds, Cable TV, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Other, Range Hood, Refrigerator, Washer, Wine Refrigerator

Amenities: BBQ, Club House, Concierge, Condo Association Pool, Dog Park, Exercise Room, Fire Sprinkler, Heated Pool, Meeting Room, Other, Patio/Deck, Playground, Pool on Property, Recreation Area, Recreation Room, Sauna, Security Guard, Trash Chute, Valet, Whirlpool

Utilities: Construction: Concrete, Double Wall Lot Features: Floor: Other Disclosures: Property Disclosure Stmt Land Recorded: Land Court Furnished: Negotiable

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Pet Friendly: No Occupancy: 85% Number of Parking Spaces: 2 Parking Spaces Number: 4398, 4399 Floor Number: 5 Elevators: 1 Management Company Name & Phone: Hawaiiana 808-593-9100

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $373,300
Building: $5,334,300  
Assessed Total: $5,707,600  
Assessed Ratio: 127.90%
Pool:
Location:
Parking: Assigned, Covered - 2, Secured Entry

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District Locator: DOE Locator to Confirm District
Area Total: 0
Acres: 0.0000
Topography:
Building Style: High-Rise 7+ Stories
Building: Park Lane
New Const: No

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Maint. Fee: $3,369
Assoc. Fee: $0
Other Fee: $0
Includes: Cable TV, Internet Service, Other Common Expenses
Total Fees: $3,369
Exemption: 0
Other: 0
Lanai Sq Ft: 349
Garage Sq Ft: 0
Avg Sq Ft Living: $3,709.35
Security: Key, Keyed Elevator, Security Patrol, Video
Rental Income: $0
Zoning: 33 - BMX-3 Community Business M
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 Hawaii 5-0 Properties, Inc. (808) 971-7711

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
03-28-2024 202328144 Price Decrease $7,800,000 $7,300,000 $7,300,000 $0 $5,707,600 $373,300 $5,334,300
12-20-2023 202328144 New Listing $7,800,000 Active $7,300,000 $0 $5,707,600 $373,300 $5,334,300
09-29-2017 201720752 Sold $7,800,000 Sold $4,990,000 $4,990,000 $649,200 $247,800 $401,400
09-29-2017 201720752 In Escrow Not Showing Active In Escrow Not Showing $4,990,000 $4,990,000 $649,200 $247,800 $401,400
09-29-2017 201720752 New Listing Active Active $4,990,000 $4,990,000 $649,200 $247,800 $401,400
09-29-2017 201720752 Active $4,990,000 $4,990,000 $4,990,000 $649,200 $247,800 $401,400

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Tax Info including a Plat Map PDF and GIS Parcel Map

Department of Planning & Permitting General Information

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Tax Records and Property History in this Neighborhood

Tax Records and Property History in this Building

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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
$43,066$44,238$45,423$46,622$47,834$49,058$50,295$51,543$54,075
3.5% Down
$41,558$42,689$43,833$44,990$46,160$47,341$48,535$49,739$52,182
10% Down
$38,759$39,814$40,881$41,960$43,051$44,152$45,265$46,389$48,667
20% Down
$34,453$35,390$36,339$37,298$38,267$39,247$40,236$41,235$43,260
30% Down
$30,146$30,966$31,796$32,635$33,484$34,341$35,206$36,080$37,852
40% Down
$25,839$26,543$27,254$27,973$28,700$29,435$30,177$30,926$32,445
50% Down
$21,533$22,119$22,712$23,311$23,917$24,529$25,147$25,772$27,037

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Crime Mapping

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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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