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  • $855,000

    229 Paoakalani Ave #2712, Honolulu, HI 96815

    1beds
    534sqft
    Condominium
    Built in 1979
    -- sqft lot
    $772,700 Zestimate®
    $1,601/sqft
    $2,384 Estimated rent

    Home value

    $772,700

    $711,000 - $835,000

    $2,384/mo

    Zestimate® history
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    What's special

    Nothing was spared in this one-of-a-kind remodel - a legal short-term vacation rental - which comes with 1 parking stall. Extremely high occupancy and outstanding cash flow (phenomenal Cap Rate). Sold fully furnished.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristian Nielsen 808-372-6184,

    Hawaii Living LLC

    Bought with:

    Bryan J Vukelich, RB-23916

    Halepuna Real Estate Hawaii

    Source: HiCentral MLS,MLS#: 202402922MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl
    • Furnished: Yes
    Interior area
    • Total structure area: 601
    • Total interior livable area: 534 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, One Space, Unassigned
    Features
    • Levels: One
    • Has view: Yes
    • View description: Coastline, City, Mountain(s), Ocean
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Details
    • Parcel number: 1260280110286
    • Zoning description: X2 - Apartment Precinct
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Excellent,Updated/Remodeled
    • New construction: No
    • Year built: 1979
    • Major remodel year: 2022

    Community & HOA

    Community
    • Features: Barbecue, Community Pool, Fitness, Trash Chute
    • Security: Closed Circuit Camera(s), Key Card Entry, Security Guard
    • Subdivision: Waikiki
    HOA
    • Services included: Electricity, HVAC, Sewer, Water
    • HOA fee: $811 monthly
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $1,601/sqft
    • Tax assessed value: $735,700
    • Annual tax amount: $1,932
    • Date on market: 2/2/2024
    • Inclusions: AC Central, Blinds, Cable TV, Ceiling Fan, Disposal, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector

    Price history

    DateEventPrice
    3/8/2024Sold$855,000$1,601/sqft
    Source: HiCentral MLS #202402922 Report a problem
    2/7/2024Contingent$855,000+3.1%$1,601/sqft
    Source: HiCentral MLS #202402922 Report a problem
    2/4/2024Price change$829,000-5.7%$1,552/sqft
    Source: HiCentral MLS #202402922 Report a problem
    2/2/2024Listed for sale$879,000+0.5%$1,646/sqft
    Source: HiCentral MLS #202402922 Report a problem
    11/30/2022Listing removed$875,000$1,639/sqft
    Source: HiCentral MLS #202222071 Report a problem
    11/28/2022Price change$875,000+3.1%$1,639/sqft
    Source: HiCentral MLS #202222071 Report a problem
    10/26/2022Price change$849,000+50.3%$1,590/sqft
    Source: HiCentral MLS #202222071 Report a problem
    3/29/2022Pending sale$565,000$1,058/sqft
    Source: HiCentral MLS #202123455 Report a problem
    2/10/2022Price change$565,000-5.7%$1,058/sqft
    Source: HiCentral MLS #202123455 Report a problem
    11/2/2021Listed for sale$599,000+33.1%$1,122/sqft
    Source: HiCentral MLS #202123455 Report a problem
    1/5/2021Listing removed--
    Source: HiCentral MLS Report a problem
    10/21/2020Price change$450,000-5.3%$843/sqft
    Source: Property Center, Inc. #202019968 Report a problem
    10/12/2020Price change$475,000-9.5%$890/sqft
    Source: Property Center, Inc. #202019968 Report a problem
    9/7/2020Price change$525,000-4.5%$983/sqft
    Source: Property Center, Inc. #202019968 Report a problem
    8/18/2020Price change$550,000-8.3%$1,030/sqft
    Source: Property Center, Inc. #202019968 Report a problem
    8/7/2020Listed for sale$600,000-7.7%$1,124/sqft
    Source: Property Center, Inc. #202019968 Report a problem
    5/4/2020Listing removed$2,250$4/sqft
    Source: Zillow Rental Manager Report a problem
    4/4/2020Listed for rent$2,250$4/sqft
    Source: Zillow Rental Manager Report a problem
    12/14/2019Listing removed$2,250$4/sqft
    Source: Zillow Rental Manager Report a problem
    12/10/2019Price change$2,250-10%$4/sqft
    Source: Zillow Rental Manager Report a problem
    10/17/2019Listed for rent$2,500$5/sqft
    Source: Zillow Rental Manager Report a problem
    4/8/2019Sold$650,000-5.5%$1,217/sqft
    Source: Agent Provided Report a problem
    2/14/2019Listed for sale$688,000+25.1%$1,288/sqft
    Source: List Sotheby's Int'l Realty #201903780 Report a problem
    4/20/2016Listing removed$550,000$1,030/sqft
    Source: List Sotheby's International Realty #201601053 Report a problem
    1/22/2016Listed for sale$550,000+37.5%$1,030/sqft
    Source: List Sotheby's Int'l Realty #201601053 Report a problem
    5/1/2008Sold$400,000+400.4%$749/sqft
    Source: Public Record Report a problem
    1/31/2008Sold$79,933$150/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,753 +16%$735,700 +15.9%
    2024$5,821 +201.1%$634,900 +15%
    2023$1,933 +2%$552,300 +2%
    2022$1,896 +0.5%$541,600 +0.5%
    2021$1,887 -1%$539,100 -1%
    2020$1,906 -0.7%$544,500 -0.7%
    2019$1,919 +10.1%$548,300 +10.1%
    2018$1,743 +22.8%$498,000 +22.8%
    2017$1,419 -9.1%$405,400 -9.1%
    2016$1,561 -2.2%$446,100 -2.2%
    2015$1,597 +38.3%$456,200 +11.3%
    2014$1,155 $410,000
    Find assessor info on the county website

    Neighborhood: Waikiki

    Nearby schools

    GreatSchools rating
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