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Iolani Palms 512 Iolani Avenue Unit 505 Honolulu HI 96813

This property is in escrow, but the seller is still showing it and looking for backup offers.

$599,000 | OahuRE Rebate $2,995 | Active Under Contract

Listed on 03-19-2024

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

927 Square Feet Living * $728 Total Association Fees

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Property Last Viewed: 04/19/2024 11:53 AM, Total Views Today: 0, Total Views: 204, Viewed History

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OahuRE.com Notes About This Property

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

Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.

The last sale on September 27, 2019, used Conventional financing, so it is not an assumable mortgage.

Listed previously on August 14, 2019 for $575,000. View Details

Listed previously on August 24, 2017 for $599,999. View Details

Listed previously on June 3, 2015 for $589,000. View Details

Listed previously on August 20, 2009 for $499,000. View Details

Listed previously on January 3, 2009 for $550,000. View Details

Listed previously on September 15, 2002 for $289,000. View Details

Listed previously on October 11, 2000 for $259,000. View Details

Price Decreased 11 times. View Details

Expired 2 times. View Details

There are 3 buildings in the same neighborhood with similar units for sale.

There are 46 buildings in the same region with similar units for sale.

Price trends for Iolani Palms.

There were 1 units sold in the last 2 years in the Iolani Palms building.


Iolani Palms 512 Iolani Avenue  Unit 505

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Iolani Palms 512 Iolani Avenue  Unit 505

Iolani Palms 512 Iolani Avenue  Unit 505

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Property Details

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MLS#: 202406665 * Questions?
Status: Active Under Contract See History
Price: $599,000
Rebate: $ 2,995 from OahuRE.com.
Monthly: $ 4,314.00 Update the default down payment and interest rate
  Monthly payment estimate for $ 599,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 143 taxes, and $ 728 fees. Insurance not included.
Beds: 2   Baths: 2   Half: 0  Parking Spaces: 2
Living Sq Ft: 927
Land Tenure: FS - Fee Simple
Total Fees: $728
Lanai Sq Ft: 66
Address: 512 Iolani Avenue 505 Honolulu HI 96813
Region: Metro - Activity
Neighborhood: Punchbowl Area - Activity
Street: Iolani - Activity * Iolani Avenue Stats
Building Name: Activity in Iolani Palms * Iolani Palms Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $599,000
Change: $0    0.00%
Parcel#: 1-2-2-004-023-0026
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 9 days in Active or In Escrow Showing
Date: Listed: 03-19-2024
Date: Status Change: 03-29-2024
Year Built: 1989 Remodeled: 2018
View: City, Coastline, Ocean, Sunset
Frontage: Other
Monthly Tax: $143 Year: 2024
Land: FS - Fee Simple
Condition: Above Average

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Description:

Welcome to Iolani Palms, rarely available 2-bedroom, 2-bath unit featuring tandem parking and stunning ocean and city views. Inside, an open floor plan showcases wood laminate flooring, granite countertops, stainless steel appliances, and new cabinets. Comfort is key with 2 split AC units, a full-size washer/dryer, and recessed lighting. Enjoy amenities like a pool, jacuzzi, BBQ area, guest parking, and a pet-friendly policy. Its prime location minutes from Downtown, UH, and various dining and shopping options.

 
 
Inclusions: AC Split, Blinds, Ceiling Fan, Dishwasher, Dryer, Microwave Hood, Range/Oven, Refrigerator, Washer

Amenities: BBQ, Patio/Deck, Pool on Property, Whirlpool

Utilities: Construction: Concrete, Double Wall, Other Lot Features: Floor: Laminate Disclosures: Property Disclosure Stmt Land Recorded: Regular System Furnished: None

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None Pet Friendly: Yes Occupancy: 68% Number of Parking Spaces: 2 Parking Spaces Number: TBA Floor Number: 5 Elevators: 0 Management Company Name & Phone: cadmus properties 8085316847

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $118,500
Building: $492,500  
Assessed Total: $611,000  
Assessed Ratio: 98.04%
Pool:
Location:
Parking: Assigned, Covered - 2, Guest, Street, Tandem

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District Locator: DOE Locator to Confirm District
Area Total: 23,566
Acres: 0.5410
Topography:
Building Style: Low-Rise 6 or Less Stories
Building: Iolani Palms
New Const: No

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Maint. Fee: $728
Assoc. Fee: $0
Other Fee: $0
Includes: Cable TV, Other Common Expenses, Sewer, Water
Total Fees: $728
Exemption: 120000
Other: 0
Lanai Sq Ft: 66
Garage Sq Ft: 0
Avg Sq Ft Living: $646.17
Security: Key
Rental Income: $0
Zoning: 12 - A-2 Medium Density Apartme
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 Keller Williams Honolulu (808) 285-3422

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
03-29-2024 202406665 Active Under Contract Active In Escrow Showing $599,000 $0 $611,000 $118,500 $492,500
03-19-2024 202406665 New Listing Active Active $599,000 $0 $611,000 $118,500 $492,500
09-28-2019 201922932 Sold In Escrow Showing Sold $575,000 $575,000 $554,100 $98,700 $455,400
08-24-2019 201922932 In Escrow Showing Active In Escrow Showing $575,000 $575,000 $554,100 $98,700 $455,400
08-14-2019 201922932 New Listing Active Active $575,000 $575,000 $554,100 $98,700 $455,400
01-09-2018 201718231 Sold In Escrow Showing Sold $558,000 $558,000 $574,300 $87,800 $486,500
11-26-2017 201718231 In Escrow Showing Active In Escrow Showing $558,000 $558,000 $574,300 $87,800 $486,500
11-08-2017 201718231 Price Decrease $568,900 $558,000 $558,000 $558,000 $574,300 $87,800 $486,500
11-02-2017 201718231 Price Decrease $574,900 $568,900 $558,000 $558,000 $574,300 $87,800 $486,500
10-16-2017 201718231 Price Decrease $575,000 $574,900 $558,000 $558,000 $574,300 $87,800 $486,500
10-16-2017 201718231 Price Decrease $589,900 $575,000 $558,000 $558,000 $574,300 $87,800 $486,500
09-28-2017 201718231 Price Decrease $599,000 $589,900 $558,000 $558,000 $574,300 $87,800 $486,500
09-12-2017 201718231 Price Decrease $599,999 $599,000 $558,000 $558,000 $574,300 $87,800 $486,500
08-24-2017 201718231 New Listing $599,999 Active $558,000 $558,000 $574,300 $87,800 $486,500
10-29-2015 201508796 Sold $599,999 Sold $535,000 $535,000 $534,500 $99,000 $435,500
10-24-2015 201508796 Pending In Escrow Showing In Escrow Not Showing $535,000 $535,000 $534,500 $99,000 $435,500
09-16-2015 201508796 Active Continue to Show Active In Escrow Showing $535,000 $535,000 $534,500 $99,000 $435,500
09-08-2015 201508796 Price Decrease $549,000 $535,000 $535,000 $535,000 $534,500 $99,000 $435,500
07-24-2015 201508796 Price Decrease $589,000 $549,000 $535,000 $535,000 $534,500 $99,000 $435,500
06-03-2015 201508796 New Listing $589,000 Active $535,000 $535,000 $534,500 $99,000 $435,500
09-11-2009 2911188 Sold In Escrow Showing Sold $499,000 $500,000 $456,900 $110,000 $346,900
08-24-2009 2911188 Active Continue to Show Active In Escrow Showing $499,000 $500,000 $456,900 $110,000 $346,900
07-03-2009 2900103 Expired Active Expired $535,000 $0 $456,900 $110,000 $346,900
03-27-2009 2900103 Price Decrease $550,000 $535,000 $535,000 $0 $456,900 $110,000 $346,900
01-03-2009 2900103 New Listing $550,000 Active $535,000 $0 $456,900 $110,000 $346,900
11-26-2002 2210082 Sold Expired Sold $289,000 $285,000 $227,000 $29,600 $197,400
11-26-2002 2210082 Price Decrease $289,000 $285,000 $289,000 $285,000 $227,000 $29,600 $197,400
11-16-2002 2210082 Expired $289,000 Expired $289,000 $285,000 $227,000 $29,600 $197,400
09-19-2002 2210082 New Listing $289,000 Active $289,000 $285,000 $227,000 $29,600 $197,400
12-14-2000 2009966 Sold $289,000 Sold $259,000 $240,000 $213,500 $29,600 $183,900
12-14-2000 2009966 Price Decrease $259,000 $240,000 $259,000 $240,000 $213,500 $29,600 $183,900
12-14-2000 2009966 Pending Active In Escrow Not Showing $259,000 $240,000 $213,500 $29,600 $183,900
10-11-2000 2009966 New Listing Active Active $259,000 $240,000 $213,500 $29,600 $183,900

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Pet Friendly Building - Always confirm with Agent.


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Save $67,267.31 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$3,534$3,630$3,727$3,826$3,925$4,025$4,127$4,229$4,437
3.5% Down
$3,410$3,503$3,597$3,692$3,788$3,885$3,982$4,081$4,282
10% Down
$3,180$3,267$3,354$3,443$3,533$3,623$3,714$3,806$3,993
20% Down
$2,827$2,904$2,982$3,060$3,140$3,220$3,302$3,384$3,550
30% Down
$2,474$2,541$2,609$2,678$2,748$2,818$2,889$2,961$3,106
40% Down
$2,120$2,178$2,236$2,295$2,355$2,415$2,476$2,538$2,662
50% Down
$1,767$1,815$1,864$1,913$1,963$2,013$2,063$2,115$2,219

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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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