Built in 1967, 76 Units on 11 Floors, 2-3BR, 76 units, Pets: OK (verify).
Amenities include BBQ, Pool, Recreation Area, Resident Manager.
Centrally located near Kailua Professional Bldg, Library, Schools, Shops, Restaurant, Beach.
About Meridian East The 11 floors of the Meridian East condominium cannot be missed. Rising in the center of Kailua, it presides over the rest of this decidedly low-rise town. That height advantage gives residents a birds-eye view of this picturesque town. That includes, for some, the sight of the waters of the Pacific that famously line the horizon of this coastline.
Of the 76 condos, the majority are 2BR/1.5BA, with floor plans that span from 861 to 1053 sq ft of space. The remaining 13 units are 3BR/2BA, measuring from 1167 to 1883 sq ft. The lanais have an even bigger range. While most fall in between 80 to 160 sq ft, the penthouse level give their owners 377 to even 750 sq ft of outside playspace.
What residents love just as much as that is the walkability of this location. Across the street is Kailua Elementary and Kailua District Park. On the next street over is Kailua Shopping Center's shops and restaurants and all the other dining and browsing options of Kailua Road. Whole Foods' & Foodland's well stocked shelves are right there, too.
Further away, but still within walking range, is Kailua Beach, the repeat winner of the Best Beach awards. It's a readily available part of your neighborhood here, always there for a soul strengthening visit.
If you can't make it down to the sands for some reason, there's always the building pool. One other stress-reducer is that you have secured and covered parking included, very nice to have in this popular area of town.
From your elevated lookout you'll feel like this stunning part of Windward Oahu is all yours. In fact, you're so close to it all that, in a sense, it actually is.
The price range of condos for sale in Meridian East is $510K to $520K with a median price of $515K and median interior of 868sf.
The median price of condos sold in Meridian East year-to-date (Jan - May 27, 2017) is $580K. In previous years it was $485K (2016), $441K (2015), $425K (2014), $555K (2013), $395K (2012), $322K (2011), $310K (2010), $296K (2009), $425K (2008), $418K (2007), $375K (2006), $340K (2005), $248K (2004), $189K (2003).
1 condo has sold in Meridian East year-to-date (Jan - May 27, 2017). In previous years, the total number of condos sold were 5 (2016), 2 (2015), 3 (2014), 2 (2013), 3 (2012), 6 (2011), 6 (2010), 4 (2009), 3 (2008), 4 (2007), 7 (2006), 7 (2005), 3 (2004), 3 (2003).
On average Meridian East condos were on the market for 5 days before they were sold (Jan - May 27, 2017). In previous years it was 52 days (2016), 109 days (2015), 126 days (2014), 5 days (2013), 34 days (2012), 14 days (2011), 22 days (2010), 46 days (2009), 118 days (2008), 93 days (2007), 63 days (2006), 20 days (2005), 15 days (2004), 40 days (2003).
The average days on market for Meridian East condos before sold was 5 days April 2017.
The ratio of Meridian East condos sales price vs list price was 100.0% April 2017
1 Meridian East condo was sold April 2017
The total dollar volume of condos currently for sale in Meridian East is $1.03M and the sold dollar volume year-to-date (Jan - May 27, 2017) is $580K. In previous years sold dollar volume was $2.54M (2016), $882K (2015), $1.29M (2014), $1.11M (2013), $1.38M (2012), $1.97M (2011), $2.11M (2010), $1.19M (2009), $1.2M (2008), $1.61M (2007), $2.93M (2006), $2.29M (2005), $729K (2004), $629K (2003).
The most recent sale in Meridian East was a condo located at #503 , sold for $580K on Apr 25, 2017. It had 1167sf of interior. 9 other recent sales include: #304 (983sf) sold for $470K on 12/12/2016. #605 (868sf) sold for $485K on 11/28/2016. #903 (1,167sf) sold for $570K on 11/28/2016. #901 (880sf) sold for $474K on 7/29/2016. #803 (1,167sf) sold for $550K on 7/27/2016. #702 (889sf) sold for $412K on 12/3/2015. #804 (861sf) sold for $470K on 6/9/2015. #403 (1,167sf) sold for $475K on 10/22/2014. #506 (868sf) sold for $425K on 7/31/2014.
In Meridian East there is currently 2 fee simple units for sale. 1 of the condo has ocean views and 2 have mountain views.