Hawaii Living

Waikiki Banyan #1906 T1(NUC) (Waikiki)

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  • Sold 1/23/24 at $228,000
    (List Price: $218,000)
  • Beds: 1
  • Baths: 1
  • Living: 582 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 11/29/35
  • Lease Rent: $ 400 / month
  • Fee Purchase: Not available
  • Balcony: 67 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $694 / month
  • Other Monthly Fee: $53 / month ?
  • Property Taxes: $215 / month ?
  • Est. Mortgage: $1,102 / mo - adjust loan
  • Time Listed for Sale: 14 days
  • Status: Sold
  • Buy without visiting ?
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201 Ohua Ave #1906 T1(NUC), Honolulu

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Description
This LEASEHOLD unit has been nicely renovated and holds a Non-Conforming Use Certificate for daily rentals, qualifying the unit as "residential class" for real property tax purposes (Please confirm with the Honolulu County Real Property Tax Office). Assessment $239 will be end 12/2023. Maintenance for 2024 will be $721.76/m. The building boasts hotel-like amenities and is only 2 blocks away from famous Waikiki Beach and is walking distance to world class shopping and dining. Showings available from 12/12 to 12/17. NOTE: Buyer to honor current vacation rental reservations through February 2024
Past Activity
  • Jan 23, 2024 Sold for $228,000
  • Dec 14, 2023 In Escrow
  • Nov 30, 2023 Listed at $218,000
  • Jul 25, 2023 Withdrawn / Canceled
  • Mar 07, 2023 Listed at $500,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.28
  • Price / ft²: $392
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer, Water
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • View: City, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Heated Pool, Patio/Deck, Playground, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-170
  • Tax Assessed Land: $109,000
  • Tax Assessed Improvements: $547,600
  • Tax Assessed Total: $656,600
  • Courtesy: CENTURY 21 Hawaiian Style / (808) 955-6551
  • MLS: 202326192
Good to Know
Profile
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).


About Waikiki Banyan
Waikiki Banyan is a 2 tower property, lo  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 02, 2024. Information is deemed reliable but not guaranteed.
  • Sold 1/23/24 at $228,000
    (List Price: $218,000)
Description
This LEASEHOLD unit has been nicely renovated and holds a Non-Conforming Use Certificate for daily rentals, qualifying the unit as "residential class" for real property tax purposes (Please confirm with the Honolulu County Real Property Tax Office). Assessment $239 will be end 12/2023. Maintenance for 2024 will be $721.76/m. The building boasts hotel-like amenities and is only 2 blocks away from famous Waikiki Beach and is walking distance to world class shopping and dining. Showings available from 12/12 to 12/17. NOTE: Buyer to honor current vacation rental reservations through February 2024
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 02, 2024. Information is deemed reliable but not guaranteed.
    • Jan 23, 2024 Sold for $228,000
    • Dec 14, 2023 In Escrow
    • Nov 30, 2023 Listed at $218,000
    • Jul 25, 2023 Withdrawn / Canceled
    • Mar 07, 2023 Listed at $500,000
    Profile
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
    • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

    Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).


    About Waikiki Banyan
    Waikiki Banyan is a 2 tower property, lo  .....
    Read more.
    Other Waikiki Banyan Listings
     
    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: 11/29/35
    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.