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$585,000~~$590,000~~ price reduced

500 University Avenue #320

KAPIOLANI · Honolulu · 96826 · MLS 202615793

2beds
3baths
1,120living sqft
Condotype

Price Improvement! Welcome to this well-maintained split-level residence at sought-after Ala Wai Plaza, featuring a unique 2BR/2.5BA floor plan with 2 bedrooms and 2 full baths upstairs, and the kitchen, living room, and half bath downstairs. Enjoy a peek-a-boo Diamond Head view from the primary bedroom and peaceful treetop views. Features include laminate flooring throughout, jalousie windows with new screens for refreshing trade winds and excellent cross-ventilation, hardwood kitchen cabinet doors, quartz countertops in the kitchen and both full baths, renovated bathroom vanities, a new dishwasher, and popcorn ceiling removal throughout most of the home. The spacious lanai with roller shades offers a serene spot for morning coffee, entertaining, or unwinding, with no afternoon sun for added comfort. Maintenance fee includes cable, internet, and hot water. Enjoy convenient Honolulu living near the park, Ala Wai Canal, community garden, ‘Iolani School (K–12), Ala Wai Elementary, UH Manoa, McCully dining, Ala Moana Center, Waikiki, and nearby beaches. Come see this special home and make it your own!

Property details

At a glance

Year built: 1970
Parking: 1 stalls · Assigned
Land tenure: Fee simple
Monthly fees: $1,022/mo
View: City · Mountains

Building & interior

Condition: Excellent · Good Condition
Living area: 1,120 sqft
Total area: 1,225 sqft
Lot size: 6,941,983 sqft
Year built: 1970
Stories: Multi Split
Floor: 3
Parking: 1 stalls · Assigned
View: City · Mountains

HOA & monthly fees

Maintenance fee: $856/mo
Other monthly: $166/mo
Total monthly fees: $1,022/mo
Fee includes: Cable Tv · Hot Water · Internet · Sewer · Water
Owner-occupancy: Owner-occupied

Construction & features

Flooring: Ceramic Tile · Laminate · Marble
Construction: Concrete
Community: Barbecue · Community Pool · Deck Porch · Fitness · Patio · Recreation Area · Trash Chute
Security: Key Card Entry · Security Guard

Land & disclosures

Know the property

Property Insights

MLS & public records

The history, public records, and mapped conditions behind this home.

Taxes & assessment

County record

Assessed value: $588,800
Annual property tax: $1,641

Land: $96,400
Improvements: $492,400

Honolulu MLS · Reported tax & assessment values

Assessed value is for tax purposes and may differ from market value. Exemptions and prior taxes may not reflect your future tax bill. Verify current figures with Honolulu RPAD.

Land use

Zoning

A-3

A-3 High-density Apartment District

Honolulu HOLIS · Checked Oct 7, 2026

Matched at the MLS map point. Map boundaries are approximate; confirm allowed uses, overlays, and restrictions with DPP.

Mapped conditions

Flood zone

Zone A

Mapped special flood hazard area

FEMA · National Flood Hazard Layer · Checked Oct 7, 2026

Matched at the MLS map point, not the entire parcel. Flooding can occur in any zone. This map is not an insurance quote or a complete risk assessment.

Sale & listing history

MLS activity

Aug 19, 2026Listed for sale
$585,000Asking price
Aug 19, 2026Listed for sale
$590,000Asking price

HiCentral MLS via Repliers · Checked Oct 7, 2026

Sign in to see eligible sold MLS history. MLS history may be incomplete and is different from recorded deeds or transfers. Asking prices are not sale prices. Sold records appear only where MLS display rules permit.

Parcel & permit records 8 permits

TMK / CPR from MLS: 1-2-7-013-002-0039

Master parcel: 127013002
Recorded master-parcel area: 159,366 sqft

Honolulu HOLIS · Hawaiʻi Statewide GIS · Checked Oct 7, 2026

Parcel snapshot: April 23, 2026. The master parcel may include multiple units. Its area is not this home’s interior or exclusive land area. Boundaries are not a survey.

Permit archive

Honolulu’s published archive covers January 2005–June 30, 2025. These are master-parcel records and may concern another unit; they do not verify this home’s permitted condition.

Permit 683024Building permit · Issued Dec 14, 2011
Permit application closed
Permit 675798Building permit · Issued Aug 8, 2011
Permit application closed
Permit 676236Building permit · Issued Aug 17, 2011
Permit application closed
Permit 668918Building permit · Issued Mar 21, 2011
Permit application closed
Permit 669330Building permit · Issued Mar 30, 2011
Permit application closed
Permit 655789Building permit · Issued May 1, 2010
Permit application closed
Permit 655281Building permit · Issued Apr 19, 2010
Permit application closed
Permit 674430Building permit · Issued Jul 14, 2011
Permit application closed

City & County of Honolulu · Permit archive · Checked Oct 7, 2026

Verify current permits with Honolulu DPP

The county-record link retains the property’s full CPR identifier.

See the local picture

Neighborhood Insights

Local market & housing

KAPIOLANI · Condos & townhomes · Fee simple · As of Oct 6, 2026

Active listings: 43
Under contract: 0

A closer look at recent sales

See sold prices, price per square foot, time on market, and the one-year trend for this neighborhood.

HiCentral MLS via Repliers · Publicly displayable listings only · Checked Oct 7, 2026

MLS neighborhood boundaries differ from Census tracts. Market figures compare the same property class and land tenure, cover eligible MLS listings only, and are not an appraisal or an official HBR market report.

Neighborhood housing snapshot U.S. Census

Census housing estimates are not available for this location right now.

U.S. Census Bureau · 2020–2024 ACS 5-year estimates

These are survey estimates for a Census tract, not individual households or the MLS neighborhood. Dollar estimates use 2024 dollars; displayed margins of error are at the 90% confidence level. Owner-reported values are different from current MLS sale prices.

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Mortgage calculator

Purchase estimate

Loan typeLoan termHome price ($)Down payment (%)$117,000Interest rate (%)MND national benchmark · editablePMI rate (%/year)Lender estimate · applies below 20% down

Mortgage News Daily ↗ · Sep 4, 2026 · checking for updates

National index, adjusted for points; not an APR, zero-point quote, or Hawaiʻi lender offer.

Low-down-payment programs have eligibility requirements. High-balance and jumbo pricing may differ from the national conforming benchmark.

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Use two quotes from the same lender: without points and with points. Points do not buy a fixed rate reduction. This models a permanent buydown, not a temporary 2-1 subsidy.

Taxes, insurance & property costs

Property tax ($/year)From listing · exemptions and tax class may changeHOA / maintenance ($/month)Listing total · verify included assessmentsHome / hurricane insurance ($/year)Illustrative · obtain coverage-specific quotesAdditional flood insurance ($/year)0 unless entered · do not duplicate coverageLeasehold ground rent ($/month)0 unless entered · check tenure and leaseAdditional assessments ($/month)Only amounts not already in HOA total

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Extra principal each month ($)Optional · added to your regular payment

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Payoff in 30 years, 0 months.

Assumes the same fixed rate and extra payment every month from the first payment. Taxes, insurance and fees are separate.

Closing costs

Other closing costs ($)Exclude down payment, points and VA/FHA upfront feesPrepaids & initial escrow ($)Due at closing · 0 unless entered

Closing costs and prepaids start at 0 and must be entered for a fuller cash estimate. Subtotal is before earnest-money deposits and approved credits.

Estimated monthly payment · year one

$4,355/mo

Conventional · 30 years · 6.89% interest

Principal & interest: $3,079
Property tax: $137
Home / hurricane insurance: $117
HOA / maintenance: $1,022

Base loan: $468,000
Total financed: $468,000

Down payment: $117,000
Other closing costs + prepaids: $0
Upfront cash subtotal: $117,000

Includes down payment, cash-paid upfront fees, points and entered closing costs/prepaids. Before deposits and credits; not final cash to close.

Planning estimate only — not a loan offer or approval.

Oʻahu Home Search and The Ulu Team do not provide a Loan Estimate, rate lock, credit decision, or guarantee of payment through this tool. Rates are national benchmarks or your inputs, not APRs or personalized quotes. Actual rates, points, loan limits, fees and eligibility depend on your lender, credit, income, occupancy, entitlement, property and appraisal.

Models fixed-rate purchase financing for a one-unit home. FHA rules shown are standard forward-loan rules, not Hawaiian Home Lands or other special programs. VA/FHA selection does not establish eligibility. Taxes, insurance, HOA fees, ground rent and assessments may change; omitted or zero costs are excluded. FHA MIP is a year-one estimate and can change; conventional PMI cancellation is subject to lender and servicing rules. Upfront cash is a subtotal, not a closing disclosure. Verify all terms, costs, coverage and credits with a licensed lender, insurer and escrow professional before making a financial decision.

Loan rules: VA · HUD / FHA · CFPB points guide

Listed by Nahoku Realty LLC

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

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500 University Avenue #320 — $585,000 · Oʻahu Home Search

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