Hawaii Living

Rycroft Terrace #307 (Ala Moana)

1550 Rycroft St #307, Honolulu

Description
Great opportunity to purchase an affordable unit priced below market value. This 1-bedroom, 1-bath, 1-parking is a well maintained unit for an unbeatable price! Great location, close proximity to shopping, beaches, and busline. This is a HHFDC (Hawaii Housing Finance & Development Corp) Affordable resale unit. All qualified applicants must meet all HHFDC Eligibilities and household income requirements. The unit is subject to HHFDCF use, sale, transfer restrictions, and shared appreciation equity program. Property is sold AS-IS. Monthly tax is based on 2022 assessed values. Maintenance Fee is $448.44 (includes water, sewer & other common expenses). Loan Assessment is $64.34. Cable and internet is $49.90. Electric metering fee is $4.94. Total monthly fees are $567.69. Electric is sub-metered.
Past Activity
  • Mar 28, 2024 Sold for $280,000
  • Feb 06, 2024 In Escrow
  • Oct 30, 2023 Back to Active
  • Oct 09, 2023 In Escrow
  • Sep 18, 2023 Back to Active
  • Jul 10, 2023 In Escrow
  • Jan 13, 2023 Listed at $280,000
  • Oct 27, 2020 Withdrawn / Canceled
  • Jul 24, 2020 Listed at $270,000
  • May 16, 2020 Expired
  • Apr 24, 2020 Price $270,000
  • Nov 19, 2019 Listed at $290,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.09
  • Price / ft²: $538
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Other Common Expenses, Sewer, Water
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone X
  • Property Condition: Above Average
  • Owner Occupancy: 90%
  • Management Company: Hawaiiana
  • Security Features: Key
  • Amenities: Community Laundry, Pool on Property, Resident Manager, Wall/Fence
  • TMK: 1-2-3-18-22-67
  • Tax Assessed Land: $102,600
  • Tax Assessed Improvements: $189,400
  • Tax Assessed Total: $292,000
  • Courtesy: Berkshire Hathaway HmSvc HI RE / (808) 792-3910
  • MLS: 202300804
Good to Know
  • Built in 1963, Studio - 2BR, Pets: OK (verify).
  • Ameneties include Community Laundry, Meeting Room, Pool.
  • Year 2014 remodeled and converted to condomenium. Sold with HCDA income and asset restrictions (no investors). 
     
About Rycroft Terrace
Ryocroft Terrace began life as part of the well-known Pagoda Hotel. Just across the street from the main building, as well as the equally famous Pagoda Restaurant, the landowner, Kamehameha Schools sold it to developer Peter Savio in 2013 under a special agreement.

The sale specified that this be a reserved housin  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 17, 2024. Information is deemed reliable but not guaranteed.
Description
Great opportunity to purchase an affordable unit priced below market value. This 1-bedroom, 1-bath, 1-parking is a well maintained unit for an unbeatable price! Great location, close proximity to shopping, beaches, and busline. This is a HHFDC (Hawaii Housing Finance & Development Corp) Affordable resale unit. All qualified applicants must meet all HHFDC Eligibilities and household income requirements. The unit is subject to HHFDCF use, sale, transfer restrictions, and shared appreciation equity program. Property is sold AS-IS. Monthly tax is based on 2022 assessed values. Maintenance Fee is $448.44 (includes water, sewer & other common expenses). Loan Assessment is $64.34. Cable and internet is $49.90. Electric metering fee is $4.94. Total monthly fees are $567.69. Electric is sub-metered.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 17, 2024. Information is deemed reliable but not guaranteed.
  • Built in 1963, Studio - 2BR, Pets: OK (verify).
  • Ameneties include Community Laundry, Meeting Room, Pool.
  • Year 2014 remodeled and converted to condomenium. Sold with HCDA income and asset restrictions (no investors). 
     
About Rycroft Terrace
Ryocroft Terrace began life as part of the well-known Pagoda Hotel. Just across the street from the main building, as well as the equally famous Pagoda Restaurant, the landowner, Kamehameha Schools sold it to developer Peter Savio in 2013 under a special agreement.

The sale specified that this be a reserved housin  .....
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 about property tax rates.