Hawaii Living

1281/1277 Ala Aloalo St (Salt Lake/Moanalua)

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1281/1277 Ala Aloalo St, Honolulu
This property was sold February 05, 2021 for $1,300,000
Description
Amazing opportunity to own a property with the possibility to develop multiple dwellings. Nearly 30,000 square feet and zoned R-5. Located in Salt Lake at the end of a cul-de-sac and the first time being offered to the market since the original owner. Don’t miss out on this property! (TMK 1-1-1-049-047-0000 & 1-1-1-049-059-0000) FIRST OPEN HOUSE rescheduled to Sunday, August 2nd, 2:00-5:00 PM.
Past Activity
  • Feb 05, 2021 Sold @ $1.3M
  • Nov 23, 2020 In Escrow
  • Nov 06, 2020 Price ↓ $1.4M
  • Sep 06, 2020 Price ↓ $1.5M
  • Aug 14, 2020 Price ↓ $1.575M
  • Jul 21, 2020 Listed @ $1.75M
More Details
  • Price / Interior Sf: $1,018
  • Owner, Tax & Resale History: Click here
  • Zoning: 05 - R-5 Residential District
  • View: City, Coastline, Diamond Head, Garden, Mountain, Ocean, Sunrise
  • Flood Zone: Zone D
  • TMK: 1-1-1-49-47-0
  • Tax Assessed Land: $1,508,600
  • Tax Assessed Improvements: $136,700
  • Tax Assessed Total: $1,645,300
  • Courtesy: Coldwell Banker Realty
  • MLS: 202017720
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 04, 2021. Information is deemed reliable but not guaranteed.
About Salt Lake/Moanalua
Both Moanalua & Salt Lake were originally included in the ahupua'a, or land division passed down from Princess Bernice Puahi Bishop to Samuel Damon in the late 1800's. Most of it was then sold by the Damon family in 1956 to developers, most significantly businessman Clarence T. Ching.

Ching divided the property into lots, which owners could build on as they wished. That's why there are so many unique houses, reflecting the tastes of individual owners. Those aren't the only differences that exist in the trio of neighborhoods that make up this area, which is why it's best to look at them individually.

Moanalua Gardens
Much of the Moanalua Gardens homes are up the hillside, giving them expansive views that extend out even to the ocean as well as the city lights each evening.

This is a tight-knit community with numerous families who've lived here for years, some of them the original owners.

Another attraction is the lots tend to be larger here, with the  ....click here to read more

Sold 2/5/21 at

$1,300,000

(List Price: $1,400,000)

Living

1,375 sqft

Baths

2.5

Beds

3

 
 
    Description
    Amazing opportunity to own a property with the possibility to develop multiple dwellings. Nearly 30,000 square feet and zoned R-5. Located in Salt Lake at the end of a cul-de-sac and the first time being offered to the market since the original owner. Don’t miss out on this property! (TMK 1-1-1-049-047-0000 & 1-1-1-049-059-0000) FIRST OPEN HOUSE rescheduled to Sunday, August 2nd, 2:00-5:00 PM.
      The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 04, 2021. Information is deemed reliable but not guaranteed.
      • Feb 05, 2021 Sold @ $1.3M
      • Nov 23, 2020 In Escrow
      • Nov 06, 2020 Price ↓ $1.4M
      • Sep 06, 2020 Price ↓ $1.5M
      • Aug 14, 2020 Price ↓ $1.575M
      • Jul 21, 2020 Listed @ $1.75M
      Both Moanalua & Salt Lake were originally included in the ahupua'a, or land division passed down from Princess Bernice Puahi Bishop to Samuel Damon in the late 1800's. Most of it was then sold by the Damon family in 1956 to developers, most significantly businessman Clarence T. Ching.

      Ching divided the property into lots, which owners could build on as they wished. That's why there are so many unique houses, reflecting the tastes of individual owners. Those aren't the only differences that exist in the trio of neighborhoods that make up this area, which is why it's best to look at them individually.

      Moanalua Gardens
      Much of the Moanalua Gardens homes are up the hillside, giving them expansive views that extend out even to the ocean as well as the city lights each evening.

      This is a tight-knit community with numerous families who've lived here for years, some of them the original owners.

      Another attraction is the lots tend to be larger here, with the  ....click here to read more
       
      You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
      Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
      We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
      Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
      We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
      Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
      Other fees could be a special assessment, reserve contributions etc.
      DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
      Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
      Learn more about Oahu property taxes here.