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Summer Palace 1848 Kahakai Drive Unit 1003 Honolulu HI 96814

$485,000 | OahuRE Rebate $2,425 | Active

Listed on 04-16-2024

1 Bedroom, 1 Full Bath, 0 Half Baths, 1 Parking Spaces

547 Square Feet Living * $908 Total Association Fees

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Property Last Viewed: 04/29/2024 11:25 PM, Total Views Today: 0, Total Views: 47, Viewed History

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Update the default down payment and interest rate.

Open House on Sunday 05-05-2024 from 2:00 pm to 5:00 pm



OahuRE.com Notes About This Property

View all new listings in the Summer Palace 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 November 2, 2018, used Cash financing, so it is not an assumable mortgage.

Listed previously on January 2, 2024 for $499,000. View Details

Listed previously on September 8, 2023 for $510,000. View Details

Listed previously on June 5, 2018 for $485,000. View Details

Listed previously on June 29, 2016 for $449,000. View Details

Listed previously on February 19, 2015 for $418,000. View Details

Price Decreased 4 times. View Details

There are 5 buildings in the same neighborhood with similar units for sale.

There are 63 buildings in the same region with similar units for sale.

Price trends for Summer Palace.

There were 17 units sold in the last 2 years in the Summer Palace building.


Summer Palace 1848 Kahakai Drive  Unit 1003

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Summer Palace 1848 Kahakai Drive  Unit 1003

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Summer Palace 1848 Kahakai Drive  Unit 1003

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Summer Palace 1848 Kahakai Drive  Unit 1003

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Summer Palace 1848 Kahakai Drive  Unit 1003

Summer Palace 1848 Kahakai Drive  Unit 1003

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Property Details

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MLS#: 202408316 * Questions?
Status: Active since 04-16-2024 See History
Price: $485,000
Rebate: $ 2,425 from OahuRE.com.
Monthly: $ 3,805.74 Update the default down payment and interest rate
  Monthly payment estimate for $ 485,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 110 taxes, and $ 908 fees. Insurance not included.
Beds: 1   Baths: 1   Half: 0  Parking Spaces: 1
Living Sq Ft: 547
Land Tenure: FS - Fee Simple
Total Fees: $908
Lanai Sq Ft: 106
Address: 1848 Kahakai Drive 1003 Honolulu HI 96814
Region: Metro - Activity
Neighborhood: Ala Moana - Activity
Street: Kahakai - Activity * Kahakai Drive Stats
Building Name: Activity in Summer Palace * Summer Palace Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $485,000
Change: $0    0.00%
Parcel#: 1-2-3-036-020-0035
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 14 days in Active or In Escrow Showing
Date: Listed: 04-16-2024
Date: Status Change: 04-16-2024
Recent History: Last Sold on 11-02-2018 for $466,000 - MLS# 201814364 - Seller's Agent: Lorraine M Fukumae, Buyer's Agent: Cindy Busser
Year Built: 1976 Remodeled:
View: City, Marina/Canal, Mountain, Ocean
Frontage:
Monthly Tax: $110 Year: 2024
Land: FS - Fee Simple
Condition: Above Average

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Description:

.

REAT LOCATION to WAIKIKI and ALA MOANA! NICE OPEN VIEWS of City, Canal, Mountain and Ocean! WELL MAINTAINED 1 Bedroom, 1 Bath unit in Central Honolulu! Special features include, split AC, Washer/Dryer in unit, Vinyl Flooring and 106 sq. ft. Open Lanai and more!! Maintenance Fee includes Electricity, Water, Hot Water, Sewer and Other Fee includes Basic Cable and Internet! Amenities include Pool, Recreation Area and Guest Parking! PET FRIENDLY building! CONVENIENTLY LOCATED next door to the Convention Center, Waikiki, Ala Moana Beach, Ala Moana Shopping Center, Restaurants, Businesses and Entertainment options!

 
 
Inclusions: AC Split, Auto Garage Door Opener, Blinds, Cable TV, Dishwasher, Disposal, Dryer, Intercom, Other, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer

Amenities: Pool on Property, Recreation Area, Sauna, Security Guard, Trash Chute

Utilities: Construction: Concrete Lot Features: Floor: Other, Vinyl, W/W Carpet Disclosures: Pet on Property, Pets Allowed (Verify), Property Disclosure Stmt Land Recorded: Land Court Furnished: Partial

Possession: 45 Days or More, At Closing Terms: Cash, Conventional Sale Conditions: None Pet Friendly: Yes Occupancy: 34% Number of Parking Spaces: 1 Parking Spaces Number: 529 Floor Number: 10 Elevators: 2 Management Company Name & Phone: Hawaiiana Mgt 808-593-9100

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $35,900
Building: $482,500  
Assessed Total: $518,400  
Assessed Ratio: 93.56%
Pool:
Location:
Parking: Assigned, Garage, Guest, Open - 1, Secured Entry, Street

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District Locator: DOE Locator to Confirm District
Area Total: 26,833
Acres: 0.6160
Topography:
Building Style: High-Rise 7+ Stories
Building: Summer Palace
New Const: No

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Maint. Fee: $858
Assoc. Fee: $0
Other Fee: $50
Includes: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Total Fees: $908
Exemption: 160,000
Other: 0
Lanai Sq Ft: 106
Garage Sq Ft: 0
Avg Sq Ft Living: $886.65
Security: Key, Security Patrol, Video
Rental Income: $0
Zoning: 12 - A-2 Medium Density Apartme
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 M&M Real Estate, LLC (808) 384-6088

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
04-16-2024 202408316 New Listing Active $485,000 $0 $518,400 $35,900 $482,500
04-08-2024 202400131 Cancelled Active Cancelled $489,000 $0 $499,600 $35,900 $463,700
01-29-2024 202400131 Price Decrease $499,000 $489,000 $489,000 $0 $499,600 $35,900 $463,700
01-02-2024 202400131 New Listing $499,000 Active $489,000 $0 $499,600 $35,900 $463,700
12-28-2023 202320334 Cancelled Active Cancelled $499,000 $0 $518,400 $35,900 $482,500
10-25-2023 202320334 Price Decrease $510,000 $499,000 $499,000 $0 $518,400 $35,900 $482,500
09-08-2023 202320334 New Listing $510,000 Active $499,000 $0 $518,400 $35,900 $482,500
11-02-2018 201814364 Sold In Escrow Showing Sold $475,000 $466,000 $451,200 $28,600 $422,600
10-05-2018 201814364 In Escrow Showing Active In Escrow Showing $475,000 $466,000 $451,200 $28,600 $422,600
08-30-2018 201814364 Price Decrease $485,000 $475,000 $475,000 $466,000 $451,200 $28,600 $422,600
06-05-2018 201814364 New Listing $485,000 Active $475,000 $466,000 $451,200 $28,600 $422,600
08-12-2016 201616558 Sold $485,000 Sold $449,000 $430,000 $409,800 $31,300 $378,500
07-17-2016 201616558 Pending Active In Escrow Not Showing $449,000 $430,000 $409,800 $31,300 $378,500
06-30-2016 201616558 New Listing Active Active $449,000 $430,000 $409,800 $31,300 $378,500
06-30-2015 201502675 Sold Active Sold $398,000 $398,000 $398,600 $20,000 $378,600
05-16-2015 201502675 Pending In Escrow Showing In Escrow Not Showing $398,000 $398,000 $398,600 $20,000 $378,600
05-02-2015 201502675 Active Continue to Show Active In Escrow Showing $398,000 $398,000 $398,600 $20,000 $378,600
04-17-2015 201502675 Price Decrease $418,000 $398,000 $398,000 $398,000 $398,600 $20,000 $378,600
02-20-2015 201502675 New Listing $418,000 Active $398,000 $398,000 $398,600 $20,000 $378,600

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Pet Friendly Building - Always confirm with Agent.


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Tax Info including a Plat Map PDF and GIS Parcel Map

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Estimated Monthly Mortgage Payment

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Save $65,344.49 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
$2,861$2,939$3,018$3,097$3,178$3,259$3,342$3,424$3,593
3.5% Down
$2,761$2,836$2,912$2,989$3,067$3,145$3,225$3,305$3,467
10% Down
$2,575$2,645$2,716$2,788$2,860$2,933$3,007$3,082$3,233
20% Down
$2,289$2,351$2,414$2,478$2,542$2,607$2,673$2,740$2,874
30% Down
$2,003$2,057$2,112$2,168$2,225$2,282$2,339$2,397$2,515
40% Down
$1,717$1,763$1,811$1,858$1,907$1,956$2,005$2,055$2,156
50% Down
$1,431$1,470$1,509$1,549$1,589$1,630$1,671$1,712$1,796

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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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