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Park Tower 625 Iolani Avenue Unit A304 Honolulu HI 96813

$550,000 | OahuRE Rebate $3,300 | Active

Listed on 06-18-2024

2 Bedrooms, 1 Full Bath, 0 Half Baths, 1 Parking Spaces

803 Square Feet Living * $919 Total Association Fees

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Listing courtesy of Progressive Realty, LLC Kevin CM Lau (808) 554-7822

Property Last Viewed: 06/27/2024 07:31 PM, Total Views Today: 1, Total Views: 77, Viewed History

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Short Cuts

Update the default down payment and interest rate.

Open House on Sunday 06-30-2024 from 2:00 pm to 5:00 pm



OahuRE.com Notes About This Property

View all new listings in the Park Tower since this property was listed.

The last sale on February 12, 2024, used Cash financing, so it is not an assumable mortgage.

Listed previously on October 11, 2023 for $495,000. View Details

Price Decreased 2 times. View Details

There are 1 buildings in the same neighborhood with similar units for sale.

There are 31 buildings in the same region with similar units for sale.

Price trends for Park Tower.

There were 4 units sold in the last 2 years in the Park Tower building.


Park Tower 625 Iolani Avenue  Unit A304

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Park Tower 625 Iolani Avenue  Unit A304

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Property Details

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MLS#: 202413780 * Questions?
Status: Active since 06-18-2024 See History
Price: $550,000
Rebate: $ 3,300 from OahuRE.com.
Monthly: $ 4,206.36 Update the default down payment and interest rate
  Monthly payment estimate for $ 550,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 126 taxes, and $ 919 fees. Insurance not included.
Beds: 2   Baths: 1   Half: 0  Parking Spaces: 1
Living Sq Ft: 803
Land Tenure: FS - Fee Simple
Total Fees: $919
Lanai Sq Ft: 93
Address: 625 Iolani Avenue A304 Honolulu HI 96813
Region: Metro - Activity
Neighborhood: Punchbowl-Lower - Activity
Street: Iolani - Activity * Iolani Avenue Stats
Building Name: Activity in Park Tower * Park Tower Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $550,000
Change: $0    0.00%
Parcel#: 1-2-1-038-008-0009
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 9 days in Active or In Escrow Showing
Date: Listed: 06-18-2024
Date: Status Change: 06-18-2024
Recent History: Last Sold on 02-12-2024 for $400,000 - MLS# 202323803 - Seller's Agent: Katrina E Balmaceda, Buyer's Agent: Kevin CM Lau
Year Built: 1962 Remodeled: 2024
View: City, Ocean, Sunrise, Sunset
Frontage: Other
Monthly Tax: $126 Year: 2024
Land: FS - Fee Simple
Condition: Excellent

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Description:

A must-see spacious and breezy end unit awaits your viewing. Located in a secured building, this completely renovated and upgraded unit offers stunning panoramic views of the city. Units are rarely available due to the building's prime location. Enjoy close proximity to the H-1, Pali Highway, Ward Village, Ala Moana, and Downtown Honolulu. A full-size covered deeded parking stall, guest parking, and a pool are definite pluses as well! The classic yet contemporary redesign includes a brand-new stainless steel Whirlpool kitchen suite (counter-depth full-size refrigerator, range, microwave/hood, and dishwasher), small appliances hub within a built-in pantry, built-in spice rack cabinet, deep drawers for pots and pans, ceiling-high kitchen wall cabinets, quartz countertops, two closet systems, black-out drapes in both bedrooms, and refreshed ceilings. Entertain and enjoy sunrises and sunsets from two generously-sized lanais. Monthly property tax amount based on 2023 Assessed values. First Open house this Sunday 2 to 5.

 
 
Inclusions: Cable TV, Dishwasher, Disposal, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector

Amenities: Community Laundry, Condo Association Pool

Utilities: Construction: Concrete, Hollow Tile Lot Features: Floor: Laminate Disclosures: Property Disclosure Stmt, Relative of Licensee Land Recorded: Regular System Furnished: None

Possession: 45 Days or Less Terms: Cash, Conventional Sale Conditions: None Pet Friendly: No Occupancy: 62% Number of Parking Spaces: 1 Parking Spaces Number: 15 Floor Number: 3 Elevators: 1 Management Company Name & Phone: Cadmus 808-531-6847

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $95,100
Building: $336,200  
Assessed Total: $431,300  
Assessed Ratio: 127.52%
Pool:
Location:
Parking: Assigned, Covered - 1

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District Locator: DOE Locator to Confirm District
Area Total: 11,761
Acres: 0.2700
Topography:
Building Style: High-Rise 7+ Stories
Building: Park Tower
New Const: No

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Maint. Fee: $919
Assoc. Fee: $0
Other Fee: $0
Includes: Cable TV, Hot Water, Sewer, Water
Total Fees: $919
Exemption: 00
Other: 0
Lanai Sq Ft: 93
Garage Sq Ft: 0
Avg Sq Ft Living: $684.93
Security: Key
Rental Income: $0
Zoning: 12 - A-2 Medium Density Apartme
Flood Zone: Zone X * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing:
Set-Backs: Roads:
Easements:

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Links:
Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
Commuting:
Waikiki * Downtown * Ala Moana * Airport * Kapolei * Hawaii Kai * Kailua Town * Windward Mall * Waikele * North Shore
Barbers Point * Camp Smith * Fort Shafter * Hickam * Lualualei * K-Bay Marine * Pearl Harbor * Schofield * Tripler * Wheeler * VA Mortgage Info
Closing Cost Calculators:
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Progressive Realty, LLC Kevin CM Lau (808) 554-7822

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
06-18-2024 202413780 New Listing Active $550,000 $0 $431,300 $95,100 $336,200
02-12-2024 202323803 Sold In Escrow Showing Sold $440,000 $400,000 $431,300 $95,100 $336,200
01-13-2024 202323803 Active Under Contract Active In Escrow Showing $440,000 $400,000 $431,300 $95,100 $336,200
12-04-2023 202323803 Price Decrease $475,000 $440,000 $440,000 $400,000 $431,300 $95,100 $336,200
11-26-2023 202323803 Price Decrease $495,000 $475,000 $440,000 $400,000 $431,300 $95,100 $336,200
10-17-2023 202323803 New Listing $495,000 Active $440,000 $400,000 $431,300 $95,100 $336,200

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Tax Info including a Plat Map PDF and GIS Parcel Map

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Tax Records and Property History in this Building

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Estimated Monthly Mortgage Payment

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Save $66,524.27 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$3,245$3,333$3,422$3,513$3,604$3,696$3,789$3,883$4,074
3.5% Down
$3,131$3,216$3,303$3,390$3,478$3,567$3,657$3,747$3,932
10% Down
$2,920$3,000$3,080$3,161$3,244$3,327$3,410$3,495$3,667
20% Down
$2,596$2,666$2,738$2,810$2,883$2,957$3,031$3,107$3,259
30% Down
$2,271$2,333$2,396$2,459$2,523$2,587$2,653$2,718$2,852
40% Down
$1,947$2,000$2,053$2,108$2,162$2,218$2,274$2,330$2,444
50% Down
$1,622$1,666$1,711$1,756$1,802$1,848$1,895$1,942$2,037

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Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

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