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2838 E Manoa Road Honolulu HI 96822

$1,650,000 | OahuRE Rebate $9,900 | Active

Price dropped on 04-19-2024. Original price was $1,800,000

Listed on 02-29-2024

4 Bedrooms, 1 Full Bath, 1 Half Bath, 4 Parking Spaces

1,640 Square Feet Living * 7,502 Square Feet Land

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Property Last Viewed: 04/27/2024 08:12 PM, Total Views Today: 5, Total Views: 549, Viewed History

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OahuRE.com Notes About This Property

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

Price Decreased 1 time. View Details

Not in good condition.

Price trends for Manoa Area.

There were 91 homes sold in the last 2 years in the Manoa Area neighborhood.


2838 E Manoa Road

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Property Details

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MLS#: 202404418 * Questions?
Status: Active since 02-29-2024 See History
Price: $1,650,000
Rebate: $ 9,900 from OahuRE.com.
Monthly: $ 10,277.08 Update the default down payment and interest rate
  Monthly payment estimate for $ 1,650,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 793 taxes, and $ 0 fees. Insurance not included.
Beds: 4   Baths: 1   Half: 1  Parking Spaces: 4
Living Sq Ft: 1,640
Land Sq Ft: 7,502
Land Tenure: FS - Fee Simple
Address: 2838 E Manoa Road Honolulu HI 96822
Region: Metro - Activity
Neighborhood: Manoa Area - Activity * Manoa Area Stats
Street: Manoa - Activity * E Manoa Road Stats
Showing: Showing Request

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Original: $1,800,000
Change: $-150,000    -8.33%
Parcel#: 1-2-9-021-058-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 58 days in Active or In Escrow Showing
Date: Listed: 02-29-2024
Date: Status Change: 02-29-2024
Recent History: Not on the MLS in the last 10 years
Year Built: 1960 Remodeled:
View: None
Frontage:
Monthly Tax: $793 Year: 2023
Land: FS - Fee Simple
Condition: Fair

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Description:

huge price dropped to sell. Experience ultimate convenience and investment potential in this Manoa Valley gem in Honolulu. The versatile layout includes three bedrooms and one bathroom on the upper level, complemented by a functional large studio in the lower unit – a perfect mix of living space and income potential. The property sits on a flat, 7,502 sqft lot, offering ample parking for 4-5 cars. Safety is a priority, being adjacent to the fire station, with a lush green lawn providing a serene buffer. Nearby Starbucks, McDonald's, Safeway and Bank of Hawaii simplify daily errands. Within walking distance, preschool, and Noelani school district enrich the lifestyle. Proximity to Mid-Pacific, Punahou School, and the University of Hawaii adds educational value. Currently tenanted by reliable, long-term occupants (now month-to-month) who pay on time, the rent is below market. To maintain privacy, appointments with POF are required for property visits. In this highly sought-after area, this property stands as the best value. Do not walk on to property without appointment. 5/5/24 Open House.

 
 
Inclusions: None

Amenities: None

Utilities: Cable Construction: Above Ground Lot Features: Clear Floor: Other Disclosures: Call Listor, Property Disclosure Stmt, See Remarks Land Recorded: Regular System Furnished: None

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

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,321,800
Building: $162,300  
Assessed Total: $1,484,100  
Assessed Ratio: 111.18%
Pool: None
Location: Other
Parking: Carport, Driveway

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District Locator: DOE Locator to Confirm District
Area Total: 7,502
Acres: 0.1722
Topography: Level
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: 0
Lanai Sq Ft: 0
Garage Sq Ft: 624
Avg Sq Ft Living: $1,006.10
Avg Sq Ft Land: $219.94
Security:
Rental Income: $0
Stories: Split Level CPR: No
Zoning: 04 - R-7.5 Residential District
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: Asphalt Shingle
Set-Backs: C and C Roads: Paved Rd
Easements: Electric

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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 USA Realty LLC (808) 683-5003

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
04-19-2024 202404418 Price Decrease $1,800,000 $1,650,000 $1,650,000 $0 $1,484,100 $1,321,800 $162,300
02-29-2024 202404418 New Listing $1,800,000 Active $1,650,000 $0 $1,484,100 $1,321,800 $162,300

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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
$9,734$9,999$10,267$10,538$10,812$11,089$11,368$11,650$12,222
3.5% Down
$9,393$9,649$9,908$10,169$10,433$10,700$10,970$11,242$11,795
10% Down
$8,761$8,999$9,240$9,484$9,731$9,980$10,231$10,485$11,000
20% Down
$7,787$7,999$8,214$8,430$8,649$8,871$9,094$9,320$9,778
30% Down
$6,814$6,999$7,187$7,377$7,568$7,762$7,958$8,155$8,556
40% Down
$5,840$5,999$6,160$6,323$6,487$6,653$6,821$6,990$7,333
50% Down
$4,867$4,999$5,133$5,269$5,406$5,544$5,684$5,825$6,111

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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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