Bought with Estates Royal Limited
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Key Details
Sold Price $320,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 464 sqft
Price per Sqft $689
Subdivision Waikiki
MLS Listing ID 202415264
Sold Date 08/20/24
Style High Rise
Full Baths 1
Construction Status Good Condition
HOA Fees $553
HOA Y/N No
Year Built 1977
Annual Tax Amount $1,857
Property Description
A rare opportunity to own a high floor, direct ocean view unit in this 'Resort' like Building of Discovery Bay. For a studio, this '20' stack has the best views. This unit comes complete with furnishings, washer/dryer, full kitchen and lots of closet and storage space. Amenities include a weight room, pool, hot tub, sauna, large sun deck, security, parking and its own business/shopping mall on the 1st. level, with a McDonalds and other restaurants . This building is conveniently located walking distance to literally all you would need, with Ala Moana Shopping Center and Beach Park 2 blocks away, the yacht Harbor across the street and minutes to several dining establishments.
It is a great time to consider the Discovery Bay. Fee simple interest (96.893%) is now available to purchase for $80,000 to make this unit a qualified fee simple property (Fee application deadline is May 31, 2024, to ensure pricing and closing by July 31, 2025). Owners will eventually be able to purchase the remaining 3.107% and convert their property to 100% fee simple. Current fee simple assessed value for the unit is $513,300. The list price is below market value .
Location
State HI
County Oahu
Community Barbecue, Deck/Porch, Fitness, Other, Patio, Pool, Recreation Area, Sauna, Trash Chute
Area Metro
Interior
Cooling Central Air
Flooring Ceramic Tile
Furnishings Furnished
Fireplace No
Exterior
Garage Assigned, Covered, Other, One Space, Secured
Community Features Barbecue, Deck/Porch, Fitness, Other, Patio, Pool, Recreation Area, Sauna, Trash Chute
Amenities Available Management
View Y/N Yes
View Coastline, City, Ocean, Other, Sunset
Parking Type Assigned, Covered, Other, One Space, Secured
Total Parking Spaces 1
Building
Entry Level One
Architectural Style High Rise
Level or Stories One
New Construction No
Construction Status Good Condition
Schools
Elementary Schools Ala Wai
Middle Schools Washington
High Schools Mckinley
Others
HOA Fee Include Cable TV,HVAC,Hot Water,Maintenance Grounds,Maintenance Structure,Sewer,Water
Tax ID 1-2-6-012-010-0582
Security Features Key Card Entry,Security Guard
Financing Cash
Special Listing Condition None
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