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$525,000   Price Analysis
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500 University Ave Apt 309
Honolulu, HI 96826
2 bed 3 bath 1,225 SqFt ($428/SqFt)
159.37 acre lot. Built 1970
Listed 2024-04-02, Taxes $1,938
Ⓧ USDA Ineligible
due to location

near Honolulu

Another HUGE PRICE REDUCTION!!!

Beautiful, vast and breezy 2-story, 2-bedroom, 2.5-bathroom unit at Ala Wai Plaza! It is a coveted building, 24 hour Security Guards, onsite Resident Manager/with office, well kept! Unit has fantastic floor plans. Lowest priced two story 2 bedroom in Honolulu! Large kitchen and living room area with 1/2 bath on the first floor, then two bedrooms with two full baths upstairs, excellent cross breeze and preferred view overlooking the park and Ala Wai Canal! Some remodeling was done with lovely marble floors, a newly painted interior and resurfaced cabinets. Seller motivation with a 'swat equity Buyer is win win scenario!!

Clean wo rking appliances and a large lanai overlook the pool area Ala Wai Canal and Neighborhood Park. Perfect for relaxing sunsets. One open, assigned parking stall, that is super close to the security entrance! It is a remarkably well maintained building with a large saltwater swimming pool, fitness room, upgraded security elevators and well-kept common areas. Bike and surfboard storage, too! Fantastic Location. Maintenance fee includes water, hot water, sewer , cable and current assessment for capital improvements.


Presented by Robert Harper at
Harper Island Realty LLC.
Listing Agent Photo

Property MLS #202407429 from HiCentral

Bedrooms: 2

Total Bathrooms: 2 / 1
Full Bathrooms: 2
1/2 Bathrooms: 1

Furnished Description: Partial
Flooring: Marble/Granite, W/W Carpet

Exercise Room: Yes

Lot Size Acres: 159.366
Lot Size Square Feet: 6941983

Parking Features: Assigned, Open - 1, Street
Parking Total: 1

View: City, Garden, Marina/Canal, Mountain, Sunset

Maintenance Expense: 940.80

Community Features: BBQ, Car Wash, Community Association Pool, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Security Guard, Storage, Trash Chute

Multi Level
Odd# Unit
Split Level
Storage
Annual Tax Amount: 1296.00
Source Listing Status: Active
Source Property Type: Condo/Townhouse
Inclusions: Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer
Area: Metro
Property Subtype: condo
Source Neighborhood: KAPIOLANI
Ownership Type: Fee Simple
Parcel Number: 1-2-7-13-2-29
Subdivision: KAPIOLANI
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$465,900 + $88,000
$553,900
$1,938
2021$411,800 + $84,600
$496,400
$1,737
2020$408,600 + $84,600
$493,200
$1,726
2019$448,400 + $77,800
$526,200
$1,841
2018$461,200 + $69,300
$530,500
$1,856
2017$469,100 + $66,000
$535,100
$1,872
2016$476,000 + $59,200
$535,200
$1,873
2015$449,700 + $59,200
$508,900
$1,781
2014$425,800 + $67,000
$492,800
$1,724
2013$381,200 + $64,700
$445,900
$1,560
2012$356,400 + $66,100
$422,500
$1,478
2010$384,400 + $67,900
$452,300
$1,537
2009$373,300 + $75,900
$449,200
$1,536
2009$358,000 + $71,400
$429,400
$1,536
2008$363,700 + $118,300
$482,000
$1,585

Price Changed 2024-05-30
$525,000
HiCentral
Price Changed 2024-04-24
$550,000
HiCentral
Listed 2024-04-02
$598,000
HiCentral
Listing removed 2015-09-28
$2,100
Appfolio
Price Changed for rent 2015-09-11
$2,100
Appfolio
Listing removed 2015-08-21
$2,200
RentalRoost
Listed for rent 2015-08-20
$2,200
RentalRoost
Listed for rent 2015-08-19
$2,200
Appfolio
Listing removed 2012-05-12
$1,775
HiCentral
Listed for rent 2012-05-03
$1,775
HiCentral
Sold 1989-08-31
$10,700,000
Public Record
Sold 1986-07-15
$107,000
Public Record
Sold 1986-07-01
$107,000
Public Record
Sold 1986-05-05
$107,000
Public Record

Total Square Feet Living: 1225
Year Built: 1970
Building Name: Ala Wai Plaza
Construction Materials: Concrete
Entry Level: 3
Property Age: 54
Property Condition: Average
Levels or Stories: Two
House Style: High-Rise 7+ Stories
Year Remodeled: 2016

Ala Wai Elementary School is a public elementary school located approximately 0.1 miles away.
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Kaimuki High School is a public high school located approximately 0.6 miles away.
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President George Washington Middle School is a public middle school located approximately 0.8 miles away.
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Iolani School is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.