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Waiau Garden Villa #62 (Waiau)

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98-854 Noelani St #62, Pearl City

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Trisa L Fischer (R)
RB-21924
BHGRE Advantage Realty
Phone: (808) 738-3600

Description
This listing is to purchase the LEASE FEE interest only. The leasehold interest is separate sale (currently listed, see MLS #202127209). If buyer purchases both this Lease Fee & the Leasehold interest, together they will make it fee simple. In 2036, when lease expires, FEE Owner may to take possession of the unit. Current lease rent (income) is $2,522/year through 2026. THIS AMOUNT IS EXPECTED TO INCREASE AFTER RENEGOTIATIONS. Prefer Escrow Officer Staci Matsunaga at Old Republic Title Bishop Street. Lease NO: 24,300-062. Buyer to cover all closing costs. The Buyer should perform appropriate due diligence regarding all aspects of the leasehold unit. The lease fee sale is subject to right of first refusal held by the homeowners association. Please see supplements for additional information.
Recent Activity
  • Nov 03, 2021 Price $400,000
  • Mar 19, 2021 Listed at $350,000
Sold
  • #133: 2 Beds | 2 Baths @ $465K (11/10/21)
  • #159: 2 Beds | 2 Baths @ $465K (9/20/21)
  • #96: 3 Beds | 1.5 Bath @ $575K (9/9/21)
  • #15/146: 2 Beds | 2 Baths @ $460K (8/27/21)
  • #191: 2 Beds | 2 Baths @ $425K (7/30/21)
  • #759: 3 Beds | 1.5 Bath @ $540K (6/23/21)
  • #97: 2 Beds | 2 Baths @ $435K (6/18/21)
  • #9/88: 3 Beds | 2 Baths @ $515K (5/6/21)
  • #32: 3 Beds | 1.5 Bath @ $530K (4/14/21)
  • #30: 2 Beds | 2 Baths @ $411K (3/31/21)
  • #104: 3 Beds | 2 Baths @ $505K (3/29/21)
  • #87: 3 Beds | 1.5 Bath @ $465K (3/12/21)
  • #195: 3 Beds | 2 Baths @ $510K (3/12/21)
  • #200: 3 Beds | 2 Baths @ $487K (1/20/21)
  • #176: 3 Beds | 2 Baths @ $525K (12/22/20)
  • #119: 3 Beds | 2 Baths @ $445K (10/21/20)
  • #767: 2 Beds | 2 Baths @ $392K (10/16/20)
  • #4/31: 2 Beds | 2 Baths @ $378K (9/25/20)
  • #20/198: 3 Beds | 2 Baths @ $480K (9/24/20)
  • #8/77: 3 Beds | 2 Baths @ $430K (8/12/20)
  • #17/159: 2 Beds | 2 Baths @ $398K (7/24/20)
  • #155: 3 Beds | 2 Baths @ $457K (7/21/20)
  • #180: 2 Beds | 2 Baths @ $377K (6/12/20)
  • #89: 3 Beds | 2 Baths @ $460K (2/7/20)
  • #3/18: 2 Beds | 2 Baths @ $401K (1/21/20)
  • #4/38: 3 Beds | 2 Baths @ $410K (12/31/19)
  • #12/110: 3 Beds | 1.5 Bath @ $200K (10/22/19)
  • #19/186: 2 Beds | 2 Baths @ $361K (10/2/19)
  • #16/151: 2 Beds | 2 Baths @ $390K (9/16/19)
  • #74: 2 Beds | 2 Baths @ $395K (8/14/19)
  • #123: 2 Beds | 2 Baths @ $242K (7/31/19)
  • #169: 2 Beds | 2 Baths @ $212K (7/4/19)
  • #6: 3 Beds | 2 Baths @ $442K (6/27/19)
  • #763: 2 Beds | 2 Baths @ $392K (5/31/19)
  • #71: 2 Beds | 2 Baths @ $370K (5/22/19)
  • #182: 2 Beds | 2 Baths @ $400K (5/20/19)
  • #178: 2 Beds | 2 Baths @ $390K (2/26/19)
  • #147: 2 Beds | 2 Baths @ $383K (2/21/18)
  • #83: 2 Beds | 2 Baths @ $385K (2/15/18)
  • #hidden: 2 Beds | 2 Baths @ $369K (1/22/18)
  • #25: 3 Beds | 1.5 Bath @ $235K (12/22/17)
  • #55: 3 Beds | 2 Baths @ $460K (12/11/17)
  • #144: 2 Beds | 2 Baths @ $350K (9/26/17)
  • #16-151: 2 Beds | 2 Baths @ $355K (2/23/17)
  • #318: 2 Beds | 2 Baths @ $344K (1/20/17)
  • #31: 2 Beds | 2 Baths @ $355K (12/30/16)
  • #101: 2 Beds | 2 Baths @ $349K (3/28/16)
  • #9/86: 3 Beds | 2 Baths @ $385K (12/28/15)
  • #1197: 2 Beds | 2 Baths @ $335K (11/17/15)
  • #15/141: 2 Beds | 2 Baths @ $326K (10/9/15)
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $0.51
  • Price / Interior Sf: $432
  • HOA Fees Include: Cable TV, Sewer, Water
  • Zoning: 11 - A-1 Low Density Apartment
  • Elementary School: Waiau
  • Middle School: Highlands
  • High School: Pearl City
  • Owner Occupancy: 60%
  • Management Company: Hawaiiana
  • Amenities: BBQ, Community Association Pool, Resident Manager
  • TMK: 1-9-8-59-4-62
  • Tax Assessed Land: $201,100
  • Tax Assessed Improvements: $163,100
  • Tax Assessed Total: $364,200
  • Courtesy: BHGRE Advantage Realty
  • MLS: 202106989
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 04, 2021. Information is deemed reliable but not guaranteed.
Other Waiau Garden Villa Listings
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Leasehold
$400,000
Waiau Garden Villa #163
2 BdsBd | 2 BaBa
926 sqft
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Waiau Garden Villa #114
2 BdsBd | 2 BaBa
926 sqft
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Waiau Garden Villa #108
3 BdsBd | 2 BaBa
1,278 sqft
About Waiau Garden Villa
  • Built in 1980, 201 Units, 2 - 3BR, Pets: OK (verify).
  • Ameneties include BBQ, Club House, Pool, Recreation Area, Resident Manager.
  • Partial ocean view from some of the units.

See nerby Pearl City condos for sale.

Other Aiea / Pearl City Condos
Waiau Gardens Kai #18
2 Beds | 1.5 Baths
768 sqft
Waiau Gardens Kai #30
2 Beds | 1.5 Baths
782 sqft
Centre Court #601
2 Beds | 1 Baths
632 sqft
Pearl #18D
2 Beds | 1 Baths
840 sqft
Crosspointe #31S
1 Beds | 1 Baths
485 sqft
Highlander #312
1 Beds | 1 Baths
514 sqft
  • Asking Price: $400,000
Description
This listing is to purchase the LEASE FEE interest only. The leasehold interest is separate sale (currently listed, see MLS #202127209). If buyer purchases both this Lease Fee & the Leasehold interest, together they will make it fee simple. In 2036, when lease expires, FEE Owner may to take possession of the unit. Current lease rent (income) is $2,522/year through 2026. THIS AMOUNT IS EXPECTED TO INCREASE AFTER RENEGOTIATIONS. Prefer Escrow Officer Staci Matsunaga at Old Republic Title Bishop Street. Lease NO: 24,300-062. Buyer to cover all closing costs. The Buyer should perform appropriate due diligence regarding all aspects of the leasehold unit. The lease fee sale is subject to right of first refusal held by the homeowners association. Please see supplements for additional information.
Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Trisa L Fischer (R)
RB-21924
BHGRE Advantage Realty
Phone: (808) 738-3600

    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 04, 2021. Information is deemed reliable but not guaranteed.
    • Nov 03, 2021 Price $400,000
    • Mar 19, 2021 Listed at $350,000
    • Built in 1980, 201 Units, 2 - 3BR, Pets: OK (verify).
    • Ameneties include BBQ, Club House, Pool, Recreation Area, Resident Manager.
    • Partial ocean view from some of the units.

    See nerby Pearl City condos for sale.

    Other Waiau Garden Villa Listings
    • Photo
    • Photo
    Leasehold
    $400,000
    Waiau Garden Villa #163
    2 BdsBd | 2 BaBa
    926 sqft
    • Photo
    • Photo
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    • Photo
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    Waiau Garden Villa #114
    2 BdsBd | 2 BaBa
    926 sqft
    • Photo
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    Waiau Garden Villa #108
    3 BdsBd | 2 BaBa
    1,278 sqft
    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.
    Leasehold Expiry: 01/20/36
    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.