Hawaii Living

Kapiolani Residence #4502 (Ala Moana)

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1631 Kapiolani Blvd #4502, Honolulu

Description
Kapiolani Residence. One of the best Affordable Penthouse Studio units on the 45th floor with stunning mountain views. Excellent location near to Hawaii Convention Center and Ala Moana Center. Enjoy shopping, restaurants & entertainment. Walk around Magic Island, Ala Moana Beach & Park. Close to bus line and within minutes to Waikiki, Downtown, UH, Kahala and Hawaii Kai. EV charger in the building. Secure Building with 24-hours security. Sales price includes the appreciation for his SAE payment to HHFDC. The buyer must satisfy HHFDC eligibility requirements, but there are no income restrictions. Originally, there was a provision to live 10 years, but now 9 years are left. The property tax assessment was re-calculated in March 2020. Sold "AS IS".
Past Activity
  • Aug 11, 2020 Sold for $374,530
  • Jun 13, 2020 Under Contract
  • Jun 02, 2020 Listed at $374,530
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.62
  • Price / ft²: $925
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: 33 - BMX-3 Community Business M
  • Flood Zone: Zone X
  • Elementary School: Kaahumanu
  • Middle School: Washington
  • High School: Mckinley
  • View: City, Mountain
  • Furnished: Partial
  • Property Condition: Excellent
  • Owner Occupancy: 60%
  • Management Company: Hawaiiana
  • Security Features: Card, Key, Security Patrol
  • Amenities: BBQ, Meeting Room, Patio/Deck, Resident Manager, Trash Chute
  • TMK: 1-2-3-41-6-476
  • Tax Assessed Land: $130,000
  • Tax Assessed Improvements: $333,500
  • Tax Assessed Total: $463,500
  • Courtesy: HI Choice Realty
  • MLS: 202012218
Good to Know
About Kapiolani Residence
Kapiolani Residence is a new condo project in Honolulu, which has 60% affordable housing units (for sale – not rentals) and the remaining 40% are market rate units.

Address: 1631 Kapiolani Blvd, Honolulu, HI 96814.
Developer: SamKoo Pacific, who reportedly also has plans for a similar tower at 1391 Kapiolani Blvd (some future date).
Units: 484 of which 60% (292 units) will be affordable housing units and remaining 192 units will be market priced units.
Price range: $271,549 to $591,598 (studio to 3BR affordable housing units) and $486,500 to $989,500 (1BR  .....
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.
  • Sold 8/11/20 at $374,530
    (List Price: $374,530)
Description
Kapiolani Residence. One of the best Affordable Penthouse Studio units on the 45th floor with stunning mountain views. Excellent location near to Hawaii Convention Center and Ala Moana Center. Enjoy shopping, restaurants & entertainment. Walk around Magic Island, Ala Moana Beach & Park. Close to bus line and within minutes to Waikiki, Downtown, UH, Kahala and Hawaii Kai. EV charger in the building. Secure Building with 24-hours security. Sales price includes the appreciation for his SAE payment to HHFDC. The buyer must satisfy HHFDC eligibility requirements, but there are no income restrictions. Originally, there was a provision to live 10 years, but now 9 years are left. The property tax assessment was re-calculated in March 2020. Sold "AS IS".
    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.
    • Aug 11, 2020 Sold for $374,530
    • Jun 13, 2020 Under Contract
    • Jun 02, 2020 Listed at $374,530
    About Kapiolani Residence
    Kapiolani Residence is a new condo project in Honolulu, which has 60% affordable housing units (for sale – not rentals) and the remaining 40% are market rate units.

    Address: 1631 Kapiolani Blvd, Honolulu, HI 96814.
    Developer: SamKoo Pacific, who reportedly also has plans for a similar tower at 1391 Kapiolani Blvd (some future date).
    Units: 484 of which 60% (292 units) will be affordable housing units and remaining 192 units will be market priced units.
    Price range: $271,549 to $591,598 (studio to 3BR affordable housing units) and $486,500 to $989,500 (1BR  .....
    Read more.
    Other Kapiolani Residence 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.
    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.