Hawaii Living

Discovery Bay #1113 (Waikiki)

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  • Sold 5/17/24 at $325,000
    (List Price: $366,000)
  • Beds: 1
  • Baths: 1
  • Living: 769 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 406 / month
  • Fee Purchase: Not available
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $865 / month
  • Property Taxes: $123 / month ?
  • Est. Mortgage: $1,851 / mo - adjust loan
  • Time Listed for Sale: 121 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #1113, Honolulu

Email Info@HawaiiLiving.com or use below contact form.
Description
New Year & New Price Adjustment! Welcome Home to Resolution Tower @ Discovery Bay! This location is second to none ~ near the beach, restaurants, pharmacy, Ala Moana Beach Park, Ala Moana Shopping Center, Hilton Hawaiian Village & Friday night fireworks! This 1bed/1bath apartment with *Enclosed lanai* provides more interior living space. Quiet and bright, this unit has it all: New refrigerator, convection microwave oven, dishwasher, washer/dryer & central A/C with 1-assigned, covered parking space. This excellent in-house managed building has 24/7 security & amenities galore. The Discovery Bay Homeowners Association owns over 62% of the fee interest and recently finalized agreement regarding the purchase of additional 31% of fee interest. When that happens, there will only be approximately 6% left until it is a 100% fee simple property. Sold As Is and furnishings negotiable. Buyer to do due dilliigence on lease fee purchase.
Past Activity
  • May 17, 2024 Sold for $325,000
  • Feb 26, 2024 Under Contract
  • Jan 12, 2024 Price $366,000
  • Oct 28, 2023 Listed at $392,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.12
  • Price / ft²: $423
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Mckinley
  • View: City, Ocean, Sunrise, Sunset
  • Furnished: Negotiable
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Sauna, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-355
  • Tax Assessed Land: $13,200
  • Tax Assessed Improvements: $548,900
  • Tax Assessed Total: $562,100
  • Courtesy: Sunny Isles Properties, Inc / (808) 737-8226
  • MLS: 202324012
Good to Know
  • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
  • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
  • The homeowners' association has purchased a 62% interest in the Fee.

Updates
The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$349,000
Discovery Bay #3416
1 Bd | 1 Ba
724 ft²
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Leasehold
$399,000
Discovery Bay #3616
1 Bd | 1 Ba
724 ft²
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Leasehold
$400,000
Discovery Bay #3212
1 Bd | 1 Ba
683 ft²
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Leasehold
$328,000
Discovery Bay #1003
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
  • Sold 5/17/24 at $325,000
    (List Price: $366,000)
Description
New Year & New Price Adjustment! Welcome Home to Resolution Tower @ Discovery Bay! This location is second to none ~ near the beach, restaurants, pharmacy, Ala Moana Beach Park, Ala Moana Shopping Center, Hilton Hawaiian Village & Friday night fireworks! This 1bed/1bath apartment with *Enclosed lanai* provides more interior living space. Quiet and bright, this unit has it all: New refrigerator, convection microwave oven, dishwasher, washer/dryer & central A/C with 1-assigned, covered parking space. This excellent in-house managed building has 24/7 security & amenities galore. The Discovery Bay Homeowners Association owns over 62% of the fee interest and recently finalized agreement regarding the purchase of additional 31% of fee interest. When that happens, there will only be approximately 6% left until it is a 100% fee simple property. Sold As Is and furnishings negotiable. Buyer to do due dilliigence on lease fee purchase.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • May 17, 2024 Sold for $325,000
    • Feb 26, 2024 Under Contract
    • Jan 12, 2024 Price $366,000
    • Oct 28, 2023 Listed at $392,000
    • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
    • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
    • The homeowners' association has purchased a 62% interest in the Fee.

    Updates
    The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
    Read more.


    Other Discovery Bay Listings
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    Leasehold
    $349,000
    Discovery Bay #3416
    1 Bd | 1 Ba
    724 ft²
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    Leasehold
    $399,000
    Discovery Bay #3616
    1 Bd | 1 Ba
    724 ft²
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    Leasehold
    $400,000
    Discovery Bay #3212
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $328,000
    Discovery Bay #1003
    1 Bd | 1 Ba
    683 ft²
     
    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: 12/31/39
    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.