2888 Ala Ilima Street, Unit 2209

Honolulu, HI 96818

$165,000
Price
Studio
Beds
1
Bath
300 Sq. Ft.
$550 / Sq. Ft.
300
Sq. Ft.
$550
per Sq. Ft.

Description

Priced to sell! Five Regents is a hidden gem in the Salt Lake area of Honolulu. Perfect for first-time homebuyers or investors. This affordable, well-maintained studio/1 bath unit comes with 1 assigned covered parking stall and is under $200k! Pet-friendly (verify), secure building with fob entry and 24-hr security patrol. Additional guest parking and first come, first serve bike/moped parking. Amenities include a swimming pool, sauna, BBQ, meeting/activity area, tennis/basketball court and community...Priced to sell! Five Regents is a hidden gem in the Salt Lake area of Honolulu. Perfect for first-time homebuyers or investors. This affordable, well-maintained studio/1 bath unit comes with 1 assigned covered parking stall and is under $200k! Pet-friendly (verify), secure building with fob entry and 24-hr security patrol. Additional guest parking and first come, first serve bike/moped parking. Amenities include a swimming pool, sauna, BBQ, meeting/activity area, tennis/basketball court and community laundry. Convenient central location minutes away from Downtown Honolulu, the airport, Pearl Harbor, Hickham AFB, and Tripler Hospital. Maintenance fees are reasonable. This is a Leasehold property, but it has a long lease with low monthly payments. No step-ups in lease fee or renegotiation until the lease expires in 2078. A few photos have been virtually staged (enhanced).
  1. Listed by Esther Watanabe • License #RS-79732 • Property Profiles, Inc. • (808) 487-9500

Property Details for 2888 Ala Ilima Street, Unit 2209

Architectural Style
High-Rise 7+ Stories
View
City, Ocean
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
SALT LAKE
Flood Zone
Zone X
Stories/Levels
One
Land Tenure
LH - Leasehold

Location

Listing Courtesy of Property Profiles, Inc., Esther Watanabe, License #RS-79732
Add your commute
LISTING UPDATED: 05/28/2024 10:42 AM

Property Details for 2888 Ala Ilima Street, Unit 2209

StatusActive Under Contract
MLS #202411777
Days on Market3
Taxes$66 / month
HOA Fees$428 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Townhouse
Year Built1978
CountyHonolulu County

Location

Listing Courtesy of Property Profiles, Inc., Esther Watanabe, License #RS-79732
Add your commute

Building Information for 2888 Ala Ilima Street, Unit 2209

Building/ComplexFive RegentsFloor22Stories-Residences-Pet Policy-Year Built1978

Payment Calculator

$1,394 per month

30 year fixed, 7.25% Interest

Principal and Interest

$900

Property Taxes

$66

HOA Dues

$428

The Payment Calculator is for illustrative purposes only.

Property Information for 2888 Ala Ilima Street, Unit 2209

Summary
Location and General Information
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Association Fee 2 Includes: Lease Rent
  • Association Fee Includes: Other Common Expenses, Sewer, Water
  • Association Fee Total: $428
  • Fee Options: None
  • Tax Amount: $66.44
  • Tax Assessed Value: $227,800.00
  • Tax Assessed Value Improvements: $209,200.00
  • Tax Assessed Value Land: $18,600.00
  • Tax Excemption Owner Occupancy: N
  • Tax Paid By Seller: Yes
  • Tax Year: 2023
  • Parcel Number: 1-1-1-062-024-0212
  • HOA YN: Yes
Parking
  • Parking Additional: 0
  • Parking Features: Assigned, Covered - 1
  • Parking Total: 1
  • Condo Parking Unit: 93
Property
Lot Information
  • Building Name: Five Regents
  • Floor Number: 22
  • Property Type: Condo/Townhouse
  • SQFT Roofed Living: 300.0
  • Sqft Total: 300.0
  • Land Recorded: Land Court
  • Lot Size Area: 50138.0
  • Year Built: 1978
Property and Assessments
  • Appliances: AC Window Unit, Disposal, Drapes, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Water Heater
  • Photo Count: 19
  • New Development Construction: No
  • Property Condition: Above Average, Average
  • Special Listing Conditions: None
  • Disclosures: Pets Allowed (Verify), Relative of Licensee
  • Foreclosure: No
  • Fractional Ownership: No
  • Supplement Count: 0
  • TMK Area: 111
  • TMK Condo Property Regime Number: 212
  • TMK Division: 1
  • TMK Parcel: 24
  • TMKPLAT: 62
  • TMK Section: 1
  • TMK Zone: 1
Interior and Exterior Features
Exterior Features
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court
  • Construction Materials: Concrete, Double Wall, Masonry/Stucco
  • Elevators Number Of: 3
  • Flooring: Ceramic Tile
  • Security Features: Key, Keyed Elevator, Security Patrol
Interior Features
  • Baths Full: 1
  • Baths Half: 0
  • Baths Total: 1.0
  • Beds Total: 0.0
  • Furnished: Partial
  • Room Count: 0
Multi Family
Multi-Family Information
  • Unit Features: Odd# Unit
  • Unit Number: 2209
Income & Expenses
  • Maintenance Fee Amount: $428.28
Agent
Sale and Listing
  • DOM: 3
  • Listing Service: Full Service
  • Management Company Name: Touchstone
  • Management Company Phone: (808)566-4100
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: In Escrow Showing
  • Public Remarks: Priced to sell! Five Regents is a hidden gem in the Salt Lake area of Honolulu. Perfect for first-time homebuyers or investors. This affordable, well-maintained studio/1 bath unit comes with 1 assigned covered parking stall and is under $200k! Pet-friendly (verify), secure building with fob entry and 24-hr security patrol. Additional guest parking and first come, first serve bike/moped parking. Amenities include a swimming pool, sauna, BBQ, meeting/activity area, tennis/basketball court and community laundry. Convenient central location minutes away from Downtown Honolulu, the airport, Pearl Harbor, Hickham AFB, and Tripler Hospital. Maintenance fees are reasonable. This is a Leasehold property, but it has a long lease with low monthly payments. No step-ups in lease fee or renegotiation until the lease expires in 2078. A few photos have been virtually staged (enhanced).
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: <8 Hrs Notice Reqd, Use ShowingTime
Rental
Rent Information
  • Lease Expiration Year: 2078
  • Lease Fee Month: $48.00
  • Lessor Name: Bali Land Associates
  • Occupant Type: Vacant

Property History for 2888 Ala Ilima Street, Unit 2209

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2888 Ala Ilima Street, Unit 2209

Taxable ValueLand$18,600Additions$222,900Total$241,500
Tax Record2023$797 ($66 / month)
Home Facts
Beds0Baths1Total Finished SqFt300 SqFtAbove Grade Finished SqFt300 SqFtStories1StyleCondominiumYear Built1978ZoningU/12/12CountyHONOLULUAPN1-1-1-062-024-0212

Schools near 2888 Ala Ilima Street, Unit 2209

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Salt Lake Elementary School
PublicPK to 6

Moanalua Middle School
Public7 to 8

Moanalua High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Profiles, Inc., Esther Watanabe, License #RS-79732