Hawaii Living

Waikiki Banyan #2408 Makai (Waikiki)

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  • Sold 6/30/23 at $175,000
    (List Price: $185,000)
  • Beds: 1
  • Baths: 1
  • Living: 533 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 11/30/35
  • Lease Rent: $ 452 / month
  • Fee Purchase: Not available
  • Balcony: 67 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $694 / month
  • Other Monthly Fee: $239 / month ?
  • Property Taxes: $147 / month ?
  • Est. Mortgage: $935 / mo - adjust loan
  • Time Listed for Sale: 56 days
  • Status: Sold
  • Buy without visiting ?
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201 Ohua Ave #2408 Makai, Honolulu

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Description
THIS IS IT! Situated just a block away from the sands of world-famous Waikiki beach, the Waikiki Banyan is conveniently located with a multitude of dining, shopping, and entertainment options. This high and open floor one bedroom unit features an open kitchen, two cozy beds, and a balcony that offers partial views of the turquoise blue ocean below. The Waikiki Banyan also provides its residents / guests with an array of amenities that include a recreation deck, swimming pool, barbecues, tennis courts, and on-floor laundry facilities. WOW! Note that this is a leasehold unit, and the fee interest (land) is not available for purchase. The master land lease is $399.84 monthly and a sandwich lease is $52.50 monthly (expires in November 2035).
Past Activity
  • Jun 30, 2023 Sold for $175,000
  • May 30, 2023 In Escrow
  • May 25, 2023 Price $185,000
  • Apr 04, 2023 Listed at $200,000
  • Jan 19, 2022 Expired
  • Mar 04, 2021 Price $193,000
  • Jan 18, 2021 Listed at $199,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.75
  • Price / ft²: $328
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Kaimuki
  • High School: Mckinley
  • View: City, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Average
  • Owner Occupancy: 11%
  • Management Company: Hawaiiana
  • Security Features: Card
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-242
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $396,200
  • Tax Assessed Total: $502,800
  • Courtesy: Realty Isle / (808) 330-4855
  • MLS: 202307157
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 6/30/23 at $175,000
    (List Price: $185,000)
Description
THIS IS IT! Situated just a block away from the sands of world-famous Waikiki beach, the Waikiki Banyan is conveniently located with a multitude of dining, shopping, and entertainment options. This high and open floor one bedroom unit features an open kitchen, two cozy beds, and a balcony that offers partial views of the turquoise blue ocean below. The Waikiki Banyan also provides its residents / guests with an array of amenities that include a recreation deck, swimming pool, barbecues, tennis courts, and on-floor laundry facilities. WOW! Note that this is a leasehold unit, and the fee interest (land) is not available for purchase. The master land lease is $399.84 monthly and a sandwich lease is $52.50 monthly (expires in November 2035).
    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.
    • Jun 30, 2023 Sold for $175,000
    • May 30, 2023 In Escrow
    • May 25, 2023 Price $185,000
    • Apr 04, 2023 Listed at $200,000
    • Jan 19, 2022 Expired
    • Mar 04, 2021 Price $193,000
    • Jan 18, 2021 Listed at $199,000
    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: 11/30/35
    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.