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Ala Wai Plaza 500 University Avenue Unit 1427 Honolulu HI 96826

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

$650,000 | OahuRE Rebate $3,900 | Active Under Contract

Listed on 03-29-2024

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

1,120 Square Feet Living * $941 Total Association Fees

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Property Last Viewed: 05/16/2024 05:43 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 Ala Wai Plaza since this property was listed.

There are 6 buildings in the same neighborhood with similar units for sale.

There are 56 buildings in the same region with similar units for sale.

Price trends for Ala Wai Plaza.

There were 24 units sold in the last 2 years in the Ala Wai Plaza building.


Ala Wai Plaza 500 University Avenue  Unit 1427

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Ala Wai Plaza 500 University Avenue  Unit 1427

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Property Details

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MLS#: 202407239 * Questions?
Status: Active Under Contract See History
Price: $650,000
Rebate: $ 3,900 from OahuRE.com.
Monthly: $ 4,850.15 Update the default down payment and interest rate
  Monthly payment estimate for $ 650,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 173 taxes, and $ 941 fees. Insurance not included.
Beds: 2   Baths: 2   Half: 1  Parking Spaces: 1
Living Sq Ft: 1,120
Land Tenure: FS - Fee Simple
Total Fees: $941
Lanai Sq Ft: 105
Address: 500 University Avenue 1427 Honolulu HI 96826
Region: Metro - Activity
Neighborhood: Kapiolani - Activity
Street: University - Activity * University Avenue Stats
Building Name: Activity in Ala Wai Plaza * Ala Wai Plaza Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $650,000
Change: $0    0.00%
Parcel#: 1-2-7-013-002-0231
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 19 days in Active or In Escrow Showing
Date: Listed: 03-29-2024
Date: Status Change: 04-18-2024
Year Built: 1970 Remodeled:
View: City, Diamond Head, Golf Course, Marina/Canal, Mountain
Frontage:
Monthly Tax: $173 Year: 2024
Land: FS - Fee Simple
Condition: Excellent, Above Average

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Description:

Cool and breezy! 2 bedrooms and 2.5 baths home at Ala Wai Plaza! This well-maintained split-level condo is located on the cooler side of the building. Gorgeous Diamond Head, golf course, canal and city views. The main level features a contemporary kitchen, a convenient half bathroom and a spacious living room plus an open lanai, all creating an inviting and tranquil atmosphere. Upstairs includes the primary bedroom with a full bathroom, a secondary bedroom and another full bathroom in the hallway. Both bedrooms are located upstairs for privacy. In-unit washer/dryer is also located upstairs. Ala Wai Plaza is ideally located next to the park and many schools including Iolani, Ala Wai Elementary, University of Hawaii at Manoa. Also close to Ala Moana Shopping Center, Waikiki, McCully Shopping Center, and plenty of shopping and dining. Building amenities include a swimming pool, exercise room, sauna, BBQ area, meeting room, plus bike & surfboard storage. Pet friendly building with 24-hour security. Enjoy island living in a central and convenient location!

 
 
Inclusions: Cable TV, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Amenities: BBQ, Condo Association Pool, Exercise Room, Recreation Room, Resident Manager, Security Guard, Trash Chute

Utilities: Construction: Concrete Lot Features: Floor: Ceramic Tile, Vinyl Disclosures: Pets Allowed (Verify), Property Disclosure Stmt Land Recorded: Regular System Furnished:

Possession: At Closing Terms: Cash, Conventional, VA Sale Conditions: None Pet Friendly: Yes Occupancy: 70% Number of Parking Spaces: 1 Parking Spaces Number: 234 Floor Number: 14 Elevators: 3 Management Company Name & Phone: Hawaiian Properties (808)539-9777

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $96,400
Building: $511,300  
Assessed Total: $607,700  
Assessed Ratio: 106.96%
Pool:
Location:
Parking: Assigned, Covered - 1

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District Locator: DOE Locator to Confirm District
Area Total: 6,941,983
Acres: 159.3660
Topography:
Building Style: High-Rise 7+ Stories
Building: Ala Wai Plaza
New Const: No

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Maint. Fee: $775
Assoc. Fee: $0
Other Fee: $166
Includes: Cable TV, Other Common Expenses, Sewer, Water
Total Fees: $941
Exemption: 0
Other: 0
Lanai Sq Ft: 105
Garage Sq Ft: 0
Avg Sq Ft Living: $580.36
Security: Keyed Elevator, Security Patrol
Rental Income: $0
Zoning: 13 - A-3 High Density Apartment
Flood Zone: Zone A * 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 Locations LLC (808) 429-3218

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
04-18-2024 202407239 Active Under Contract Active In Escrow Showing $650,000 $0 $607,700 $96,400 $511,300
03-29-2024 202407239 New Listing Active Active $650,000 $0 $607,700 $96,400 $511,300

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Pet Friendly Building - Always confirm with Agent.

Pet Policy: 2 Pets - under 20 lbs. Cats, birds, fish, dogs are allowed.

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City and County Public Information Links

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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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Sex Offender Information

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Daily Watch List

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Google Maps

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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
$3,835$3,939$4,045$4,151$4,259$4,368$4,478$4,589$4,815
3.5% Down
$3,700$3,801$3,903$4,006$4,110$4,215$4,322$4,429$4,646
10% Down
$3,451$3,545$3,640$3,736$3,833$3,931$4,030$4,131$4,333
20% Down
$3,068$3,151$3,236$3,321$3,407$3,495$3,583$3,672$3,852
30% Down
$2,684$2,757$2,831$2,906$2,981$3,058$3,135$3,213$3,370
40% Down
$2,301$2,363$2,427$2,491$2,556$2,621$2,687$2,754$2,889
50% Down
$1,917$1,969$2,022$2,076$2,130$2,184$2,239$2,295$2,407

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Crime Mapping

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Yelp

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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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