Condo / High-rise home in 2920 Ala Ilima St #1602 Honolulu, HI
Set in Honolulu, HI, this Condo condo provides 2 bedrooms and 2 bathrooms across 870 square feet. Its Condo character defines the property's look.
| Price | $485,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 870 |
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| Architectural style | Condo / High-rise (59% match) |
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| Address | 2920 Ala Ilima St #1602 Honolulu, HI 96818 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced in line with the area.
- At $485K, this home is 3% above the $470K median for 558 similar Condo / High-rise homes in Honolulu, HI.
- That works out to $557 per square foot, 14% below the $644 comparable rate.
- New to market (4 days), so expect competition.
| This home | $485,000 |
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| Condo / High-rise median in Honolulu, HI | $470,000 (558 homes) |
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| Price per sq ft | $557 vs. $644 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,950/month with 20% down at a 7.28% 30-year fixed rate. You would need about $126,419 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,655/mo |
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| Property tax (new-buyer reassessed rate) | $113/mo |
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| Homeowners insurance | $182/mo |
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| Total monthly | $2,950/mo |
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| Down payment (20%) | $97,000 |
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| Income needed | $126,419/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (32 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (32/100) |
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| Beats renting in | 2% of modeled paths |
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| Modeled 5-yr equity (median) | $143,618 |
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| Range (10th to 90th pct) | $62,554 to $236,771 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto