Listing: 202404170
Island: Oahu • Region: Leeward Coast • Neighborhood: WAIANAE
Type: Condo/Townhouse • MLS #: 202404170 • TMK: 1-8-5-026-028-0000
Status:
Active Under Contract
C
List Price: $235,000
List Date: February 25, 2024
Building Name:
Ulu Wehi Street Address:
85-153A Ala Akau #A
Remarks:
Welcome to your new beginning! This 4-bedroom, 1.5-bathroom townhouse is the ideal place to plant roots and start your homeownership journey. Boasting 1, 158 sq. ft. of living space, it's perfect for first-time homebuyers looking for affordability without sacrificing comfort.
As you step inside, you're greeted by a freshly painted interior, the layout is ideal for family living with an enclosed back yard for the kids and pets to play!
The property presents a great opportunity for a rental investment as well. The current lease is set to expire in 2030, with the potential for extension to 2055. Enjoy incredibly low lease payments of $58.46 per month until June 30, 2025, with a minor step up to $82.25 per month from July 1, 2025, through April 1, 2030, providing an exceptional value for the area.
For those seeking financing options, both FHA spot loans and conventional financing may be available to accommodate short-term financing needs.
Don't miss out on the chance to make it your own slice of Hawaiian paradise. Welcome home!
Property Information:
Bedrooms: 4
Full Baths: 1
Half Baths: 1
Parking: 2
Land Area (sf): 1,746
Living (sf): 1,158
Lanai (sf): 48
Other (sf): --
Terms Accept.: Cash, Conventional, FHA, Other
Disclosures: Property Disclosure Stmt
Furnished: None
Zoning: 5 - R-5 Residential
Year Built: 1974
Year Remodeled: --
Financial Information:
Assd. Val. Land: $162,300
Assd. Val. Imprv: $88,000
Assd. Val. Total: $250,300
Tax Year: 2024
Monthly Taxes: $73
Home Exempt.: $0
Maintenance Fees: $260/mo.
Association Fees: --/mo.
Other Fees: --/mo.
Land Tenure: Leasehold
FeeOptions None
Lessor: HHFDC
Lease Rent: 58.46/2030
Next Step-Up: --/--
2nd Step-Up: --/--
Fee Purchase: --
Reneg Date: --
Lse Expires: --
Schools:
Other Property Features:
Unit: Corner/End, Storage, Yard
Frontage: --
View: Mountain
Parking: Assigned, Open - 2
Pool: --
Amenities: Club House, Patio/Deck
Inclusions: None
Security: --
Assn. Fee Inclusions: Other Common Expenses
Other Fee Inclusions: Maintenance
Lot Description: --
Topography: --
Number of Stories: Two
Building Style: PUD
Property Condition: Average
Construction: Hollow Tile, Masonry/Stucco
Roofing: --
Floor Covering: Vinyl
Possession: At Closing
Land Recorded: Regular System
Exclusions: --
Easements: --
Set-Backs: --
Compensation*: 2.5
Compensation Type: %
Broker Attribution: (808) 696-4774
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, May 17, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of West Beach Realty, Inc.