| List Price $338,000 Leasehold ❤ |
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 tapoffer.net |
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|  pportunity is knocking! Do you want to live in Waikiki for a fraction of the price? This rare high floor gives you mountain, Diamond Head, and city views on the cooler side of the building. Discovery Bay is a popular secure building with central AC, washer-dryer in the unit, assigned covered parking with security, and resort like amenities including pool, sundeck, spa, sauna, BBQ, and fitness center. Location is unbeatable with bus lines, grocery stores, restaurants, post office, Ala Moana Shopping Center, Waikiki, beaches, boating, surfing, easily accessible. Discovery Bay is a leasehold property with the owner's association currently owning approximately 94% of the leased fee. An ownerGs purchase of its share of the AOAOGs leased fee would convert its apartment to 94% fee simple. After your purchase of 93.786% of the leased fee (for approximately $126,000), your new lease rent for the 6.214% owned by the Fee Simple Co-Tenant would range from $15-$60 per month until December 31, 2029. After this, it will become $20-$80 per month until the end of lease on December 31, 2039. NOTE: The first 7 pictures are VIRTUALLY STAGED. |  |  What will it cost to Buy?
What will it cost to own?
Home Affordability Calculator |  Instant Offer | |
| MLS | Public |  | | Condo/Townhouse | Condo | Property Type
Sub Type | | 1778 Ala Moana Blvd | 1778 Ala Moana Blvd |  | | Discovery Bay 3808 | Discovery Bay 3808 | | | Honolulu HI 96815 | Honolulu Hawaii 96815 | | | Metro Waikiki | Waikiki | | | Jefferson | Ala Wai Elem |  | | Washington | Washington Int | | | Mckinley | Kaimuki High | | | Kaimuki-McKinley-Roosevelt | Complex | | Public Schools | Rank | | na | Mepc Properties Hi
Mepc Properties Hi |  Builder | | MLS 202322430 | TMK 1-2-6-12-10-298 | Property ID | | 1 | 1 |  Bedrooms | | 1 | 1 |  Full Baths | | 0 | 0 | Half Baths | | 1 | 1 | Total baths | | 0 | | Rooms | | 1 | 1 |  Parking | | 683 | 683 |  Interior sf | | 86 | |  Lanai sf | | 769 | | Total sf | | $338,000 10/17/2023 | | Original list | | Sold | | Status | |
$328,000
| |  Sold price | | Leasehold | Leasehold | Tenure | | No | | Fractional | | Fee Not Available | | Fee Options | | 120,325 | | Fee purchase | | 1977 | 1977
1977 | Year built | | na | | Conversion | | 0 na | | Remodeled | | 20 % | Biennial Reg, § 6. | Owner Occupancy | $ 0
$ 0
$ 865
$ 865
Includes:
None
AC Central
Cable TV
Gas
Hot Water
Sewer
Water | | AOAO fee
AOAO other
Maint fee
AOAO total fees | | 38 | 38 | Floor | Diamond Head
Mountain | |  View | | Land Court | | Recorded | | Apartment Precinct | APARTMIX | Zoning | | Zone - AE | Flood Map
Tsunami Map | Flood | | na | | Restrictions | | Average | | Condition | Bedroom on 1st Level
Central AC
Even# Unit
Full Bath on 1st Floor | | Features | Ceramic Tile
W/W Carpet | | Flooring | AC Central
Disposal
Dryer
Microwave Hood
Range/Oven
Smoke Detector
Washer | | Inclusions | | na | | Exclusions | Key
Security Patrol
Video | Guard | Security | BBQ
CNDAP
Exercise Room
Patio/Deck
Resident Manager
Sauna
Trash Chute
Whirlpool | | Amenities | | Other | | Frontage | | High-Rise 7+ Stories | Condo
42 Stories
666 Units | Architecture | | na | | Model | | Discovery Bay | Skyscraper | Above Ground
Concrete | | Materials | | 21+ | | StoriesType | | Call Listor | | Disclosures | | 7-141 | | Parking stall ID | | | | Building Matrix | | | Condo Docs | | | Floor Plans | | BOH Trust | | Lessor | 5/2/2024 $406 mo
12/31/0 $0 mo
12/31/0 $0 mo
12/31/2039 | | Lease rent
First step up
Second step up
Expires | | 0 | 758 | Public Report | Assigned
Covered - 1 | | Parking | | 0 | Guest parking | | 0 | Passenger 8
Freight 0 | Elevators | | na | | AOAO Name | | na | | AOAO Ph | | Hawaiiana | Hawaiiana Mgmt Co Ltd | Management Co Name | | 593-9100 | | Management Co Ph | | Cash | | Buyer Financing | | American Savings Bank | 1st Mortgagor | | 163,000 | 1st Mortgage | | na | 2nd Mortgagor | | 0 | 2nd Mortgage | | No/na | | Foreclosure/Case# | | 2023 | 2020 | Property tax year | | $ 13,200 | $ 11,900 | Land assessed | | $ 567,800 | $ 497,500 | Building assessed | | $ 0 | $ 0 | Home owner exemption | | $ 581,000 | $ 509,400 | Total assessed RPAD | | $ 177 | $ 149 | Tax per month rates | | 0 | | Total rent | | | Building Permits | | At Closing | | Possession | | None | | Special | Cash
Conventional | | Financing
Affordability
Apply Online
PDF application | | None | | Furnished | | No | | New development | Estimated summary Buyer closing statement
calculated at list price | | x Price | Total | Buyer Share | | | 0.385% | 1,302 | 40.0% | 521 | + ALTA Insurance | | 0.353% | 1,193 | 50.0% | 596 | + Escrow Fee | | | | | 350 | + Condo Transfer | | 0% | 2495 | | 1,467 | = Sub-total | | | | | (1,913) | = Sub-Total | | 338,000 | | | 338,000 | + Price | | | | | 336,087 | = Est Cost to Buy* | | * Excluding loan fees, pro-rations, special and sundry fees. Escrow companies and lenders also calculate estimated closing costs for you. |
| | Monthly | Cost to own estimate: | | $ 177 | Real Property Tax | | $ 865 | Association Fee | | $ 406 | Lease Rent | | $ 1448 | Cost to own
(ex Mortgage, Ins & Elec) | | 10/6/2023 | | Active | | 10/17/2023 | | Price change | | na | | Continue to show | | na | | Pending | | na | | Temp withdrawn | | na | | Back on market | | na | | Withdrawn | | 1/16/2024 | | Off market | | 1/16/2024 | | Status change | | na | | Advertise | | na | | Auction | | Coldwell Banker Realty | Listing Firm | | akinoh@cbrealty.com | | Listing Participant | | 10/15/2023 | | Photos uploaded | | 11/5/2023 | | Supplement Mod |
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Hawaii Home + Commercial LLC
Affiliated Companies: ·
Robin Charles Glass (R), MBA, eng.
Principal Broker, Managing Member
Ph: (808) 358-1774
Email: glassr@hawaiihome.cc
Administrator, Managing Member
Ph: (808) 372-9136
Email: mamiglass@gmail.com
MLS and Public Records Databases synchronized every 15 minutes. Includes information from the Multiple Listing Service of HiCentral MLS, Ltd. IDX information is provided exclusively for consumers` personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the information is deemed reliable but not guaranteed. © 2020 by HiCentral MLS, Ltd.
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