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Park Lane 1388 Ala Moana Boulevard Unit 5603 Honolulu HI 96814

$3,900,000 | OahuRE Rebate $19,500 | Active

Listed on 03-25-2024

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

1,507 Square Feet Living * $2,875 Total Association Fees

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Property Last Viewed: 04/26/2024 08:45 PM, Total Views Today: 0, Total Views: 85, 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 April 15, 2019, used Cash financing, so it is not an assumable mortgage.

Listed previously on September 26, 2018 for $3,080,000. View Details

Listed previously on September 22, 2017 for $3,700,000. View Details

Price Decreased 5 times. View Details

Expired 1 time. View Details

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

There are 3 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 5603

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Park Lane 1388 Ala Moana Boulevard  Unit 5603

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Property Details

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MLS#: 202401600 * Questions?
Status: Active since 03-25-2024 See History
Price: $3,900,000
Rebate: $ 19,500 from OahuRE.com.
Monthly: $ 27,997.92 Update the default down payment and interest rate
  Monthly payment estimate for $ 3,900,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 2,706 taxes, and $ 2,875 fees. Insurance not included.
Beds: 2   Baths: 2   Half: 0  Parking Spaces: 2
Living Sq Ft: 1,507
Land Tenure: FS - Fee Simple
Total Fees: $2,875
Lanai Sq Ft: 258
Address: 1388 Ala Moana Boulevard 5603 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: $3,900,000
Change: $0    0.00%
Parcel#: 1-2-3-038-013-0119
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 35 days in Active or In Escrow Showing
Date: Listed: 03-25-2024
Date: Status Change: 03-25-2024
Recent History: Last Sold on 04-15-2019 for $2,995,000 - MLS# 201825234 - Seller's Agent: Patrick T Nakamura, Buyer's Agent: Bruce A Coppa
Year Built: 2016 Remodeled:
View: City, Garden, Ocean, Sunset
Frontage:
Monthly Tax: $2,706 Year: 2023
Land: FS - Fee Simple
Condition: Excellent

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Description:

Presenting a fantastic opportunity to own a stunning residence on the 6th floor of building 5 at Park Lane Ala Moana in Honolulu. This 2-bedroom + Den gem offers an ideal layout for maximum privacy, high-quality finishes, and incredible views. Explore the elegance of this thoughtfully designed 2-bed/2-bath layout, showcasing stylish European oak wood flooring and bathrooms adorned with classic stone finishes. Enjoy the majestic 10-foot ceilings, and the sense of space with a generous lanai as an extension of your living room! Entertain friends and family in style on your spacious patio featuring a built-in Wolf BBQ. Park Lane, developed by the MacNaughton Group & Kobayashi Group, sits on the ocean side of Ala Moana Center, offering a visionary living experience. The residence provides the best of both worlds with its indoor-outdoor living, reminiscent of sought-after island homes, coupled with the services, amenities, security, and convenience of a luxury condominium development. This is your chance to own a piece of luxury at Park Lane Ala Moana – don't miss out!

 
 
Inclusions: AC Central, Auto Garage Door Opener, Convection Oven, Dishwasher, Disposal, Drapes, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Wine Refrigerator

Amenities: BBQ, Club House, Community Association Pool, Concierge, Condo Association Pool, Dog Park, Doorman, Exercise Room, Fire Sprinkler, Meeting Room, Other, Patio/Deck, Playground, Pool on Property, Private Yard, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Valet, Walking/Jogg

Utilities: Construction: Concrete, Double Wall, Slab, Steel Frame Lot Features: Floor: Ceramic Tile, Hardwood Disclosures: Pets Allowed (Verify), Property Disclosure Stmt Land Recorded: Land Court Furnished: Negotiable

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Pet Friendly: Yes Occupancy: 80% Number of Parking Spaces: 2 Parking Spaces Number: 4345,4344 Floor Number: 6 Elevators: 0 Management Company Name & Phone: Hawaiiana 593-9100

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $285,900
Building: $3,711,900  
Assessed Total: $3,997,800  
Assessed Ratio: 97.55%
Pool:
Location:
Parking: Covered - 2, Garage, Guest, 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: $2,606
Assoc. Fee: $0
Other Fee: $269
Includes: Cable TV, Internet Service, Other Common Expenses
Total Fees: $2,875
Exemption: 0
Other: 0
Lanai Sq Ft: 258
Garage Sq Ft: 0
Avg Sq Ft Living: $2,587.92
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 eXp Realty (646) 708-1416

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
03-25-2024 202401600 New Listing Active $3,900,000 $0 $3,997,800 $285,900 $3,711,900
04-16-2019 201825234 Sold In Escrow Showing Sold $2,995,000 $2,995,000 $2,860,800 $212,500 $2,648,300
03-08-2019 201825234 In Escrow Showing Active In Escrow Showing $2,995,000 $2,995,000 $2,860,800 $212,500 $2,648,300
11-14-2018 201825234 Price Decrease $3,080,000 $2,995,000 $2,995,000 $2,995,000 $2,860,800 $212,500 $2,648,300
09-26-2018 201825234 New Listing $3,080,000 Active $2,995,000 $2,995,000 $2,860,800 $212,500 $2,648,300
09-26-2018 201825234 $3,080,000 $3,080,000 $2,995,000 $2,995,000 $2,860,800 $212,500 $2,648,300
09-22-2018 201720202 Expired Active Expired $3,080,000 $0 $2,860,800 $212,500 $2,648,300
08-30-2018 201720202 Price Decrease $3,200,000 $3,080,000 $3,080,000 $0 $2,860,800 $212,500 $2,648,300
03-21-2018 201720202 Price Decrease $3,300,000 $3,200,000 $3,080,000 $0 $2,860,800 $212,500 $2,648,300
01-26-2018 201720202 Price Decrease $3,500,000 $3,300,000 $3,080,000 $0 $2,860,800 $212,500 $2,648,300
12-01-2017 201720202 Price Decrease $3,700,000 $3,500,000 $3,080,000 $0 $2,860,800 $212,500 $2,648,300
09-22-2017 201720202 New Listing $3,700,000 Active $3,080,000 $0 $2,860,800 $212,500 $2,648,300

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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
$23,008$23,634$24,267$24,908$25,555$26,209$26,870$27,537$28,889
3.5% Down
$22,202$22,807$23,418$24,036$24,661$25,292$25,929$26,573$27,878
10% Down
$20,707$21,270$21,840$22,417$23,000$23,588$24,183$24,783$26,000
20% Down
$18,406$18,907$19,414$19,926$20,444$20,967$21,496$22,030$23,111
30% Down
$16,105$16,544$16,987$17,435$17,889$18,346$18,809$19,276$20,222
40% Down
$13,805$14,180$14,560$14,945$15,333$15,726$16,122$16,522$17,333
50% Down
$11,504$11,817$12,134$12,454$12,778$13,105$13,435$13,768$14,445

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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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