Hawaii Living

Ala Wai Plaza #2216 (Mccully/Kapiolani)

500 University Ave #2216, Honolulu

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Description
Gorgeous Oceanviews from this corner 3 bedroom/2.5 bath split unit on the 22nd floor with 2 PARKING STALLS, with the size of a single family home. Additional stalls are worth minimum 35k to 45k and are in high demand. Two separate 3-bathroom units at Ala Wai Plaza have sold in the last six months; neither unit paid off major plumbing assessment which adds $209/month to the maintenance fees. This unit however has paid for the $44,480.01 special assessment in full so maintenance fees are $209/month less. There are some issues with the unit but can be renovated to your own liking hence the asking price much lower than the last sold in the building. What's special about the unit is the wonderful tradewinds that blow down from Manoa Valley through the entire unit which makes it a very desirable place to live. Well maintained building with low maintenance fees at $0.60/sq ft.
Past Activity
  • Sep 21, 2021 Sold for $675,000
  • Aug 10, 2021 In Escrow
  • Aug 03, 2021 Listed at $650,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.60
  • Price / ft²: $471
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Sewer, Water
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone A
  • View: City, Marina/Canal, Mountain, Ocean
  • Furnished: None
  • Property Condition: Fair,Needs Major Repair
  • Owner Occupancy: 59%
  • Management Company: Hawaiian Properties
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Car Wash, Condo Association Pool, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Private Yard, Recreation Area, Recreation Room, Resident Manager, Security Guard, Storage, Trash Chute, Wall/Fence
  • TMK: 1-2-7-13-2-324
  • Tax Assessed Land: $106,300
  • Tax Assessed Improvements: $541,800
  • Tax Assessed Total: $648,100
  • Courtesy: Oahu International Realty
  • MLS: 202119927
Good to Know
  • Address: 500 University Ave, Honolulu, HI 96826.
  • Built in 1970, 345 Units on 25 Floors, 1 - 3BR, Pets: OK (verify).
  • Amenities include Pool, BBQ, Recreation Area, Security Guard.
  • You live not only right on Ala Wai Park, but also the new dog park!

About Ala Wai Plaza
For some Honolulu condo buyers, they have a nagging wish that they could have a 'real home' with an upstairs. The Ala Wai Plaza condo just might be the real solution to this.

Every 2 & 3 BR unit here has 2 levels, complete with staircase and the noise reducing benefits that only a second story can b  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 16, 2024. Information is deemed reliable but not guaranteed.
Other Ala Wai Plaza Listings
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Ala Wai Plaza #1427
2 Bds | 2.5 Ba
1,120 ft²
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Ala Wai Plaza #520
2 Bds | 2.5 Ba
1,225 ft²
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Ala Wai Plaza #309
2 Bds | 2.5 Ba
1,120 ft²
Other Mccully/Kapiolani Condos
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Sixteen Regents #401
3 Bds | 2 Ba
1,164 ft²
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Kings Gate #1406
2 Bds | 2 Ba
1,049 ft²
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Kapiolani Banyan #104
2 Bds | 2 Ba
1,022 ft²
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Regency Tower #2606
2 Bds | 2 Ba
1,000 ft²
  • Sold 9/21/21 at $675,000
    (List Price: $650,000)
Description
Gorgeous Oceanviews from this corner 3 bedroom/2.5 bath split unit on the 22nd floor with 2 PARKING STALLS, with the size of a single family home. Additional stalls are worth minimum 35k to 45k and are in high demand. Two separate 3-bathroom units at Ala Wai Plaza have sold in the last six months; neither unit paid off major plumbing assessment which adds $209/month to the maintenance fees. This unit however has paid for the $44,480.01 special assessment in full so maintenance fees are $209/month less. There are some issues with the unit but can be renovated to your own liking hence the asking price much lower than the last sold in the building. What's special about the unit is the wonderful tradewinds that blow down from Manoa Valley through the entire unit which makes it a very desirable place to live. Well maintained building with low maintenance fees at $0.60/sq ft.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 16, 2024. Information is deemed reliable but not guaranteed.
    • Sep 21, 2021 Sold for $675,000
    • Aug 10, 2021 In Escrow
    • Aug 03, 2021 Listed at $650,000
    • Address: 500 University Ave, Honolulu, HI 96826.
    • Built in 1970, 345 Units on 25 Floors, 1 - 3BR, Pets: OK (verify).
    • Amenities include Pool, BBQ, Recreation Area, Security Guard.
    • You live not only right on Ala Wai Park, but also the new dog park!

    About Ala Wai Plaza
    For some Honolulu condo buyers, they have a nagging wish that they could have a 'real home' with an upstairs. The Ala Wai Plaza condo just might be the real solution to this.

    Every 2 & 3 BR unit here has 2 levels, complete with staircase and the noise reducing benefits that only a second story can b  .....
    Read more.
    Other Ala Wai Plaza Listings
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    Ala Wai Plaza #1427
    2 Bds | 2.5 Ba
    1,120 ft²
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    Ala Wai Plaza #520
    2 Bds | 2.5 Ba
    1,225 ft²
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    Ala Wai Plaza #309
    2 Bds | 2.5 Ba
    1,120 ft²
     
    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 about property tax rates.