Saturday, May 13, 2017

1684 Ala Moana Blvd #851 - MLS 201708760

Ala Wai Terrace

Listed by Rick Nakama Realty LLC (RB-21724)
Inquire on Messenger: @RickNakamaR
1684 Ala Moana Blvd #851













1684 Ala Moana Blvd #851, Honolulu, Hawaii 96815
TMK: 1-2-6-011-022-0023
Offered at: $479,000 Fee Simple
Maintenance Fee: $762/month covers basic cable tv, electricity, central air conditioning, sewer, cold water, hot water and common areas.
2 Bedrooms - 1 with Walk-In Closet
1 Bathroom with Full-Tub
Gated and EXTRA Long Parking Stall: #27 (can fit 2 cars)
2016 Tax Assessed Value $419,400 (Improvements $327,300, Land $92,100)
Property Tax: $122/month with 0 Exemption

This 8th floor, corner unit offers a 743 sq ft interior and a 129 sq ft lanai with views of the ocean, sunset and Ala Wai Boat Harbor. The partial renovation adds the unique features of French Door entry to the ocean side bedroom and Energy Star apartment size washer and dryer to this unit (Grandfathered in). Community laundry is also available in the building. Recent improvements to Ala Wai Terrace include lanai railings, exterior spalling and paint, elevator update, security gate for parking and security cameras. The extra long parking stall can accommodate 2 cars. Seller will pay off current special assessments.


The upper floors of the '51 stack in Ala Wai Terrace features ocean views
between the Hawaii Prince Hotel towers. 

439 Keoniana Street #1205 - MLS 201708569

Oahu Surf 2

Listed by Rick Nakama Realty LLC (RB-21724)
Inquire on Messenger: @RickNakamaR

439 Keoniana Street #1205, Honolulu, Hawaii 96815
TMK: 1-2-6-015-030-0055
Offered at: $548,000 Fee Simple
Maintenance Fee: $739/month covers electricity, sewer, cold water, hot water and common areas.
2 Bedrooms - 1 with Exterior Entry Door
2 Bathrooms - Updated cabinets and granite counter tops
Secured and Covered Parking Stall: #12B
2017 Tax Assessed Value $439,100 (Improvements $364,900, Land $74,200)
Property Tax: $120/month with 0 Exemption (2016)

Rarely available corner 2 bedroom, 2 bath unit, custom renovated kitchen with ocean view, granite counter tops & washer & dryer in unit in the well maintained Oahu Surf 2. The 2nd bedroom with full bathroom also has its own exterior entry door. A spacious 316 sq ft wrap around lanai with views from all angles. Have friends over for Friday night pau hana drinks and watch the Hilton Hawaiian Village fireworks display before heading out to explore all that Waikiki has to offer! Fabulous dining, shopping and sights to take in from less than a block away and continue on as you head into the heart of Waikiki or the opposite direction, Ala Moana Center! Head up to the rooftop and take a dip in the pool! Feel like exercising? Check out the paths along the Ala Wai Canal or Fort DeRussy Park. Tired of paying for parking when exploring in Waikiki? Leave the car at home in its covered, secured garage!






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Sunday, May 7, 2017

April 2017 Honolulu Real Estate Statistics



Rick Nakama Realtor real estate statistics
The Honolulu Board of REALTORS released the statistics for April 2017.

During April 2017, the number of single-family houses sold decreased by 7 percent and condominium
sales rose by 5.7 percent from April 2016. The median price paid for single-family houses decreased by 1 percent to $712,500 from the same time period last year, while condos increased by 6.7 percent to $415,500. Days on Market for condominium sales closed at a faster pace compared to a year ago with condominiums on the market for 15 days, down from 19 days, while sales were slower for single-family houses with houses on the market for 18 days, up from 15.
Single-Family Houses
Past 180 Days of sales priced between
$710,000 and $715,000. April 2017's 
median price is $712,500. [Link] 

Condo/Townhouses
Past 180 Days of sales priced between
$412,000 and $417,000. April 2017's 
median price is $415,500. [Link]

April 2017 Honolulu Real Estate Statistics

Please let me know which graphs or data you would like to see in detail.

Facebook Messenger:
@RickNakamaR

Monday, April 17, 2017

March 2017 Local Market Update

The Honolulu Board of Realtors released the Local Market Update Report for March 2017. 

I have been living in the Newtown neighborhood in Aiea for about a year and a half now and have been watching the activity increase. 
Link to full report: drive.google.com/...
The report breaks down data into neighborhood regions. Newtown falls under the Pearl City and Aiea data. March shows the Median Price of Single-Family Homes is up to $751,250 and Condominiums up to $379,000. 


I ran the activity for Newtown in the past 180 days and here is the link to that: 
http://matrix.hicentralmls.com/Matrix/Public/Portal.aspx?ID=1930062725








Tuesday, April 11, 2017

March 2017 Honolulu Board of Realtors Statistics



The Honolulu Board of Realtors market statistics have been published and Single-Family Homes Median Price is at $752,000 while Condominiums is at $400,000. The median days on market is just a little more than 2 weeks for both categories. 
Send me a request for graphs or data for your specific needs. 



Palolo Small Lot Opportunity

A 2,550 square foot lot, zoned R-5, in Palolo with a small "tear down" condition house has just listed by Inspired Realty LLC. Its list price is $450,000. 

I wonder what redesigns of this lot can look like? Is 2nd level living area a possibility with parking under the living area? Could it be designed with driveways on 2 sides of the lot? If someone was looking for small footprint, efficient living, does this have the potential? 

I'm just curious because I grew up a few streets down from this area and I loved living there. It would be nice to get back into my childhood neighborhood. A nearby neighboring property of the same land square footage with a house in poor condition sold in October 2016 for $445,000 cash. 


1768A Palolo Ave
1768A Palolo Ave, Honolulu, Hawaii 96816
MLS 201707542
Listed by: Inspired Realty LLC


Thursday, March 9, 2017

February 2017 Honolulu Real Estate Statistics - Inventory Down and Median Prices Increase


February 2017's real estate statistics from the Honolulu Board of Realtors shows the Median Price reaching "near record highs". The Median Price for Single Family Homes is up to $755,000, a 7.9% increase from last year. Condos reached $385,000, a 1.7% increase. 


The increase is likely due to the lack of inventory. Single Family Homes have 2.3 months of remaining inventory, an 8.7% decrease. Condos have 2.4 months of remaining inventory, a 17.2% decrease. 

The Days on Market of a Single Family Home is down 8.7% to 21. Condos are down 4.3% to 22. 


Contact me for more detailed real estate data or general information.

Sunday, February 12, 2017

January 2017 Honolulu Real Estate Statistics

Rick Nakama, Realtor fb.com/RickNakamaR
































The Honolulu Board of Realtors released the residential real estate statistics for January 2017. 

The Median Price for Single-Family Homes dropped 0.5% to $730,000 with an increase in volume to 247 units. The median days on market is up 5.0% to 21 days from 20 days last January.

The Median Price for Condos increased by 1.5% to $380,000 with an increase in volume to 378 units. The median days on market is up 30% to 26 days from 20 days last January.

The months of remaining inventory for both Single-Family Homes and Condos is at 2.4 months. That reflects a 7.7% decrease for Single-Family Homes and a 17.2% decrease for Condos. 

Additional charts and market reports are available.

Sunday, February 5, 2017

Kukui Plaza Diamond Head Tower - 2 Bedroom, Corner Unit



The view from this corner unit at dusk.
55 S Kukui Street #D601, Honolulu, Hawaii 96813


Kukui Plaza Diamond Head Tower
2 Bedroom with Enclosed Lanai
Approximately 1145 Sq Ft Corner unit
Full Size Washer and Dryer in unit
Quartz Countertops in Kitchen with new cabinetry
Seller will purchase existing Sandwich Lease
List Price: $499,000 Fee Simple
MLS: 201701988
55 South Kukui Street #D601
Honolulu, Hawaii 96813

Virtual view from the Splash Pool Area of the 3rd Floor Recreation Deck of Kukui Plaza.

Virtual view from Ewa Barbecue Area of 3rd Floor Recreation Deck facing Diamond Head Tower on a moonlit evening.



Kukui Plaza offers convenient access to Downtown Honolulu, the central business district of Oahu. There are also a wide variety of long time favorite restaurants and the hottest new restaurants located in the nearby Chinatown area, just a block away. Grocery shopping and daily necessities are available across the street at the Longs Drugs, Safeway or choose from many fresh produce and meat markets that line the streets of Chinatown. 

Links to Area Amenities:
Chinatown City and Count of Honolulu

Restaurant Senia 



Pig and the Lady



Grondin: French-Latin Kitchen



Scratch Kitchen and Bake Shop



Kan Zaman


Downtown Coffee



Brue Bar



Hawaii Theatre


Kumu Kahua Theatre


Hawaii State Art Museum



Foster Botanical Garden


Nu'uanu YMCA



24 Hour Fitness



Queen's Medical Center

Saturday, January 7, 2017

December 2016 Residential Real Estate Statistics - Median Prices Up & Median Days on Market Down

The residential real estate statistics report from the Honolulu Board of Realtors has been released.

December 2016's  Median Sales Price for a Single-Family Home is up to $730,000, a 4.3% increase over 2015. The Median Days on Market is down to 18, a 10% decrease.

The Median Sales Price for a Condo/Townhouse is up to $390,000, a 1% increase. The Median Days on Market is down to 18, a 25% decrease.