List Price $399,500 Leasehold ❤
tapoffer.net
his Spacious well maintained 1 Bedroom condominium is not your typical Waikiki condo, and Discovery Bay is a wonderful choice if you are looking for a great location close to Waikiki Beach's, Ala Moana Beach Park, and Ala Moana Shopping Center. You can live in the unit, or rent it out part of the year when your not enjoying all the benefits of this wonderful location. This turn key unit has everything you need including ocean and marina views, a full sized kitchen, washer/dryer, central A/C, and 1 spacious assigned covered parking space. This well managed building has 24/7 security, jacuzzi, swimming pool, 2 exercise rooms, a huge sun deck, and 8 BBQ stations. Although this is currently a leasehold building, Discovery Bay Homeowners Association recently purchased additional leasehold interest that will make this a 96.893% fee simple unit. Fee interest can be acquired and conveyed to this unit in early 2024. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.
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MLS
Public
Condo/TownhouseCondoProperty Type
Sub Type
1778 Ala Moana Blvd1778 Ala Moana Blvd
Discovery Bay 1102Discovery Bay 1102
Honolulu HI 96815Honolulu Hawaii 96815
Metro WaikikiWaikiki
JeffersonAla Wai Elem
WashingtonWashington Int
KaimukiKaimuki High
Kaimuki-McKinley-RooseveltComplex
Public SchoolsRank
naMepc Properties Hi
Mepc Properties Hi
Builder
MLS 202320563TMK 1-2-6-12-10-24Property ID
11 Bedrooms
11 Full Baths
00Half Baths
11Total baths
0Rooms
11 Parking
769683 Interior sf
0 Lanai sf
769Total sf
$399,500 9/8/2023Original list
Active 470 DOMStatus
$399,500 List price
LeaseholdLeaseholdTenure
NoFractional
Fee AvailableFee Options
129,816Fee purchase
19771977
1977
Year built
naConversion
2016 PartialRemodeled
40 %Biennial Reg, § 6.Owner Occupancy
$ 0
$ 0
$ 865
$ 865
Includes:
AC Central
Cable TV
Hot Water
Internet Service
Sewer
Water
AOAO fee
AOAO other
Maint fee
AOAO total fees
1111Floor
City
Marina/Canal
Ocean
Sunset
View
Land CourtRecorded
Apartment PrecinctAPARTMIXZoning
Zone - AEFlood Map
Tsunami Map
Flood
naRestrictions
Above AverageCondition
Bedroom on 1st Level
Central AC
Even# Unit
Full Bath on 1st Floor
Single Level
Features
Ceramic Tile
W/W Carpet
Flooring
AC Central
Blinds
Cable TV
Dishwasher
Disposal
Dryer
Kitchenware
Linens
Microwave
Range Hood
Range/Oven
Refrigerator
Smoke Detector
Washer
Inclusions
naExclusions
Key
Security Patrol
Video
GuardSecurity
BBQ
CNDAP
Exercise Room
Patio/Deck
Pool
Resident Manager
Restaurant
Sauna
Security Guard
Trash Chute
Whirlpool
Amenities
OtherFrontage
High-Rise 7+ StoriesCondo
42 Stories
666 Units
Architecture
naModel
Discovery BaySkyscraper
ConcreteMaterials
21+StoriesType
Disclosure StmtDisclosures
10-7Parking stall ID
Building Matrix
Condo Docs
Floor Plans
BANK OF HAWAII TRSLessor
12/21/2024 $406 mo
12/31/0 $0 mo
12/31/0 $0 mo
12/31/2039
Lease rent
First step up
Second step up
Expires
0758Public Report
Assigned
Covered - 1
Garage
Secured Entry
Parking
0Guest parking
4Passenger 8
Freight 0
Elevators
Discovery Bay AOAOAOAO Name
808-941-3307AOAO Ph
Hawaiiana MgmtHawaiiana Mgmt Co LtdManagement Co Name
808-593-9100Management Co Ph
naBuyer Financing
Bank Of Hawaii1st Mortgagor
187,5001st Mortgage
na2nd Mortgagor
02nd Mortgage
No/naForeclosure/Case#
20232020Property tax year
$ 13,200$ 11,900Land assessed
$ 548,900$ 416,700Building assessed
$ 0$ 0Home owner exemption
$ 562,100$ 428,600Total assessed RPAD
$ 164$ 125Tax per month rates
0Total rent
Building Permits
45 Days or MorePossession
NoneSpecial
Cash
Conventional
Financing
Affordability
Apply Online
PDF application
FullFurnished
NoNew development
Estimated summary Buyer closing statement
calculated at list price
x PriceTotalBuyer Share
0.375%1,49840.0%599+ ALTA Insurance
0.331%1,32350.0%662+ Escrow Fee
350+ Condo Transfer
0%2821 1,611= Sub-total
(2,384)= Sub-Total
399,500 399,500+ Price
397,116= Est Cost to Buy*
* Excluding loan fees, pro-rations, special and sundry fees. Escrow companies and lenders also calculate estimated closing costs for you.
MonthlyCost to own estimate:
$ 164Real Property Tax
$ 865Association Fee
$ 406Lease Rent
$ 1435Cost to own
(ex Mortgage, Ins & Elec)
9/8/2023Active
naPrice change
naContinue to show
naPending
naTemp withdrawn
naBack on market
naWithdrawn
naOff market
9/8/2023Status change
naAdvertise
naAuction
John Keoni WelchListing Firm
equity808@yahoo.com Listing Participant
9/8/2023Photos uploaded
naSupplement Mod
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Open Houses
Price reductions
Distressed property: Foreclosures, Short Sales, ect.
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tapoffer.net © is provided by
Hawaii Home + Commercial LLC
1888 Kalakaua Ave C312, Waikiki, Honolulu, HI 96815
DCCA PV License # RB-20174
Affiliated Companies: Global Electronic Commerce LLC · Glass Commercial Properties Inc
 

Click for the BBB Business Review of this Real Estate in Honolulu HI
 

Robin Charles Glass (R), MBA, eng.
Principal Broker, Managing Member
DCCA PV License # RB-20173
Track Record: Top 2% Sales
Ph: (808) 358-1774
Email: glassr@hawaiihome.cc

Mami I. GLASS (MA)
Administrator, Managing Member
Ph: (808) 372-9136
Email: mamiglass@gmail.com

 
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