| Description | Fell out of escrow... 9.5 years left on Lease. no Fee purchase negotiations until 2025. no 1031 exchange with lease less than 30 years. Cash buyers, no financing. Sunrise views over Diamond Head from this large two bedroom, two bath in the Foster Tower. Peek-a-boo Ocean views to the South and West. Unit needs a little TLC, so bring your contractor! Foster Tower is located across the street from Waikiki Beach. Newly refurbished swimming pool and newly installed hot tub on site. The building has a gym, sauna, 24 hour security patrol and fob key building and garage entry. Minimum 30-day rental allowed per HOA house rules... maintenance fee $1792.23, lease rent $1333.31, monthly taxes $265.50 = total $3,391.04 monthly new lease rent special assessment for attorney's fees +$486.68 per month, for next 6 months. new monthly total $3,877.72. |
|---|---|
| Status | Sold since 04-16-2024 |
| MLS# | 202408416 |
| Price | $225,000 |
| Original Price | $395,000 |
| Price Change | $-170,000 (-43.04%) |
| Beds / Baths / Half | 2 / 2 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 1,123 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $1,792 |
| Lanai Sq Ft | 122 |
| Building | Foster Tower |
| Address | 2500 Kalakaua Avenue 1104 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 85 |
| Year Built | 1962 |
| Condition | Average |
| View | City, Coastline, Ocean, Sunrise |
| Parking | Assigned |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone X |
| Tax Amount | $266 |
| Assessed Land | $48,400 |
| Assessed Building | $861,900 |
| Assessed Total | $910,300 |
| Assessed Ratio | 25% |
| Inclusions | AC Window Unit, Range Hood, Refrigerator, Smoke Detector |
| Amenities | Community Laundry, Condo Association Pool, Exercise Room, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Other |
| Disclosures | None, Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol |
| Leasehold | Lease rent $1,333 / 2034 · Buy fee |
| Parcel # | 1-2-6-026-014-0059 |
| Listing courtesy of | Surf Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 11-01-2024 | 202408416 | Sold | P | S | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 10-05-2024 | 202408416 | Pending | C | P | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 09-09-2024 | 202408416 | Active Under Contract | A | C | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 08-17-2024 | 202408416 | Price Decrease | $275,000 | $225,000 | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 07-20-2024 | 202408416 | Price Decrease | $365,000 | $275,000 | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 07-20-2024 | 202408416 | Back On Market | C | A | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 05-20-2024 | 202408416 | Active Under Contract | A | C | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 05-15-2024 | 202408416 | Price Decrease | $395,000 | $365,000 | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 |
| 04-16-2024 | 202408416 | New Listing | A | $225,000 | $150,000 | $910,300 | $48,400 | $861,900 | |
| 10-22-2012 | 1201426 | Sold | P | S | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 09-29-2012 | 1201426 | Pending | C | P | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 09-15-2012 | 1201426 | Active Continue to Show | A | C | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 06-04-2012 | 1201426 | Back On Market | C | A | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 05-18-2012 | 1201426 | Active Continue to Show | A | C | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 04-26-2012 | 1201426 | Price Decrease | $490,000 | $400,000 | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 04-17-2012 | 1201426 | Price Decrease | $525,000 | $490,000 | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 04-13-2012 | 1201426 | Price Decrease | $559,000 | $525,000 | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 03-26-2012 | 1201426 | Price Decrease | $625,000 | $559,000 | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 03-08-2012 | 1201426 | Back On Market | C | A | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 02-29-2012 | 1201426 | Active Continue to Show | A | C | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 |
| 02-07-2012 | 1201426 | New Listing | A | $400,000 | $320,000 | $520,800 | $82,200 | $438,600 | |
| 10-14-2008 | 2813597 | Withdrawn | A | W | $485,000 | $0 | $858,100 | $269,600 | $588,500 |
| 09-19-2008 | 2813597 | Back On Market | C | A | $485,000 | $0 | $858,100 | $269,600 | $588,500 |
| 09-02-2008 | 2813597 | Active Continue to Show | A | C | $485,000 | $0 | $858,100 | $269,600 | $588,500 |
| 08-18-2008 | 2813597 | New Listing | A | $485,000 | $0 | $858,100 | $269,600 | $588,500 |
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