List Price $480,000 Fee Simple ❤ |
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tapoffer.net |
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| his is a lovely fully furnished large studio close to Waikiki Beach and has been used only barely as a second/vacation home. It has not been rented for years. Formerly known as the Trump Tower Waikiki, the property has been newly rebranded as "Ka Lai Waikiki Beach," and is part of the LXR Hotels & Resorts, a Hilton Luxury brand, who is upgrading this Five Star property to the next level. The exceptionally low property tax rate is due to the current 'Dedication for Residential Use,' which allows for rental terms of 30+ days. If you rent as a short-term rental (less than 30-day rental terms) then the property tax rate will revert to the higher Hotel/Resort property tax rate. If the Buyer intends to rejoin the hotel rental program, then this unit's complete renovation package is estimated to cost $120-140K. The $1,020.07/mo 'other fees' is the special assessment that ends in December 2025 and pays for the common-area renovation upgrades. ~ Make this your perfect second home, principal residence in paradise, or vacation getaway. | | 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 | 223 Saratoga Rd | 223 Saratoga Rd | | Trump Tower Waikiki 812 | Trump International Hotel & Tower 812 | | Honolulu HI 96815 | Honolulu Hawaii 96815 | | Metro Waikiki | Waikiki | | na | Jefferson Elem | | na | Washington Int | | na | Kaimuki High | | | Kaimuki-McKinley-Roosevelt | Complex | | Public Schools | Rank | Irongate | Irongate Azrep Bw Llc Irongate Azrep Bw Llc | Builder | MLS 202400739 | TMK 1-2-6-3-61-11 | Property ID | 0 | 0 | Bedrooms | 1 | 1 | Full Baths | 0 | 0 | Half Baths | 1 | 1 | Total baths | 0 | | Rooms | 0 | na | Parking | 557 | 557 | Interior sf | 0 | | Lanai sf | 557 | | Total sf | $480,000 2/11/2024 | | Original list | Active 328 DOM | | Status |
$480,000
| | List price | Fee Simple | Fee Simple | Tenure | No | | Fractional | 2009 | 2009 2009 | Year built | na | | Conversion | 0 na | | Remodeled | 2 % | Biennial Reg, § 6. | Owner Occupancy | $ 0 $ 1,020 $ 1,012 $ 2,032 Includes: Cable TV Hot Water Internet Service Sewer Water | | AOAO fee AOAO other Maint fee AOAO total fees | 8 | 8 | Floor | City | | View | Regular System | | Recorded | Resort Hotel Precinct | RESMIX | Zoning | Zone - AE | Flood Map Tsunami Map | Flood | na | | Restrictions | Excellent | | Condition | Central AC Full Bath on 1st Floor Single Level | | Features | Marble/Granite W/W Carpet | | Flooring | AC Central Cable TV Drapes Range Hood Refrigerator | | Inclusions | na | | Exclusions | Card Keyed Elevator Video | Guard Video | Security | Concierge Doorman Exercise Room Meeting Room Patio/Deck Pool Recreation Area Restaurant Sauna Security Guard Valet | | Amenities | na | | Frontage | Condotel High-Rise 7+ Stories | Condo 38 Stories 469 Units | Architecture | na | | Model | | Trump International Hotel and Tower Waikik... | Skyscraper | Concrete Double Wall Masonry/Stucco Slab | | Materials | 21+ | | StoriesType | Disclosure Stmt | | Disclosures | 0 | | Parking stall ID | | | Building Matrix | | | | | | Floor Plans | 0 | 6122 | Public Report | None | | Parking | | 0 | Guest parking | 4 | Passenger 8 Freight 0 | Elevators | na | | AOAO Name | na | | AOAO Ph | Hawaiiana Mgmt | Hawaiiana Mgmt Co Ltd | Management Co Name | 8085939100 | | Management Co Ph | na | | Buyer Financing | | na | 1st Mortgagor | | 0 | 1st Mortgage | | na | 2nd Mortgagor | | 0 | 2nd Mortgage | No/na | | Foreclosure/Case# | 2024 | 2020 | Property tax year | $ 319,400 | $ 351,200 | Land assessed | $ 201,000 | $ 256,700 | Building assessed | $ 0 | $ 0 | Home owner exemption | $ 520,400 | $ 607,900 | Total assessed RPAD | $ 170 | $ 714 | Tax per month rates | 0 | | Total rent | | | Building Permits | 45 Days or Less At Closing | | Possession | None | | Special | Cash Conventional | | Financing Affordability Apply Online PDF application | Full | | Furnished | No | | New development | Estimated summary Buyer closing statement calculated at list price | x Price | Total | Buyer Share | | 0.365% | 1,752 | 40.0% | 701 | + ALTA Insurance | 0.303% | 1,454 | 50.0% | 727 | + Escrow Fee | | | | 350 | + Condo Transfer | 0% | 3206 | | 1,778 | = Sub-total | | | | (3,022) | = Sub-Total | 480,000 | | | 480,000 | + Price | | | | 476,978 | = 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: | | $ 170 | Real Property Tax | | $ 2,032 | Association Fee | | $ 0 | Lease Rent | | $ 2202 | Cost to own (ex Mortgage, Ins & Elec) | 2/12/2024 | | Active | na | | Price change | na | | Continue to show | na | | Pending | na | | Temp withdrawn | na | | Back on market | na | | Withdrawn | na | | Off market | 2/12/2024 | | Status change | na | | Advertise | na | | Auction | Hawaii Living LLC | Listing Firm | George@HawaiiLiving.com | | Listing Participant | 2/12/2024 | | Photos uploaded | na | | Supplement Mod |
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