NOT LISTED FOR SALE

1002 Mokulua Dr Kailua, HI 96734

Estimated Value: $5,574,000 - $16,928,077

7 Beds
6 Baths
4,435 Sq Ft
$2,320/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $10,500,000 $2,368 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $59,951/month

122 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Maid or Guest Quarters
  • Kailua Intermediate School Rated A-
  • 16,996 Sq Ft lot
  • Wood Flooring

About This Home

As of December 2016

This extraordinary beach front retreat is located on the renowned Lanikai Beach. The authenticity of this Hawaiian style beach home is embellished with state of the art amenities. Impeccable design & construction with soaring ceilings and intricate board & batten details throughout. Casual living at its best with breathtaking sunrises, striking turquoise waters and captivating views of the Mokulua Islands. A sense of serenity with lush landscaping and spacious covered lanais for enjoyable indoor-outdoor living on the best beachfront of Lanikai beach. What living on the beach should be...

Last Agent to Sell the Property

Anne Oliver

Coldwell Banker Realty License #RB-17132 Listed on: 07/22/2016

Coldwell Banker Realty

Last Buyer's Agent

Michael Dilks

Carvill Sotheby's Intl. Realty License #RB-22862

Carvill Sotheby's Intl. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,692

Year Built

  • Built in 2002

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Level Lot
  • Property is in excellent condition
  • Zoning described as 03 - R10 - Residential District

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Garden

Home Design

  • Slab Foundation

Interior Spaces

  • 4,435 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • Pool Tile

Schools

  • Kaohao Elementary School
  • Kailua Middle School
  • Kalaheo High School

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-006-051-0000

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Community Storage Space

Additional Features

  • Lanikai Subdivision
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,692

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Detached
  • Inclusions: AC Central,Auto Garage Door Opener,Book Shelves,Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Gas Grill,Intercom,Lawn Sprinkler,Microwave,Range Hood,Range/Oven,Refrigerator,Security System,Smoke Detector,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2002
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 4435.0
  • New Construction: No
  • Roof: Other
  • RoomType: Guest Quarters
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Other
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall
  • Lot Features: Cleared, Other, Level
  • Pool Features: In Ground, Tile
  • Property Condition: Excellent
  • Topography: Level
  • View: Garden, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garage, One Car Garage, One Space
  • Total Parking Spaces: 4.0
  • Garage Spaces: 1.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available, Other, Phone Available, Water Available
  • Water Source: Public

Schools

  • Elementary School: Kaohao
  • High School: Kalaheo
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-3-006-051-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 43692.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Dec 19, 2016
Sold by
Krueger Revocable Trust
Bought by
King Paul Benjamin
Seller's Agent
Anne Oliver
Coldwell Banker Realty
Buyer's Agent
Michael Dilks
Carvill Sotheby's Intl. Realty
List Price
$11,500,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,000,000
-8.7%
Total Days on Market
122
Current Estimated Value
$10,290,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$209,974
Avg. Annual Appreciation
-0.24%

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 23, 2013
Sold by
Cole Beach House Partners Lp
Bought by
Krueger Revocable Trust
Seller's Agent
Anne Oliver
Coldwell Banker Realty
Buyer's Agent
Jeanne-Marie Yamamoto
XOME INC
List Price
$10,800,000
Sold Price
$10,000,000
Premium/Discount to List
-$800,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%

Purchase Details

Closed on
Jun 23, 2009
Sold by
Menefee Cole Daniel and Menefee Ellen Cole
Bought by
Cole Beach House Partners Lp

Purchase Details

Closed on
Mar 8, 1999
Sold by
Blue Water Participations Inc
Bought by
Menefee Cole Daniel and Menefee Ellen Cole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.73%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Paul Benjamin $10,500,000 Tg
King Paul Benjamin $10,500,000 Tg
Krueger Revocable Trust $10,000,000 Tg
Krueger Revocable Trust $10,000,000 Tg
Cole Beach House Partners Lp $4,879,714 None Available
Menefee Cole Daniel $1,600,000 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Benjamin King Revocable L $4,497,900
Closed King Paul Benjamin $4,497,900
Closed Paul Benjamin King Revocable T $1,000,000
Closed King Paul Benjamin $3,200,000
Closed King Paul Benjamin $3,500,000
Previous Owner Cole Daniel Menefee $2,500,000
Previous Owner Menefee Cole Daniel $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $10,500,000 -8.7% $2,368 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $11,500,000 +15.0% $2,593 / Sq Ft
07/30/2013 07/30/13 Sold $10,000,000 -7.4% $2,255 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $10,800,000 -- $2,435 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,901 $9,001,500 $6,209,100 $2,792,400
2024 $28,901 $8,377,500 $6,209,100 $2,168,400
2023 $29,755 $8,701,500 $6,209,100 $2,492,400
2022 $26,716 $7,733,200 $5,399,200 $2,334,000
2021 $24,200 $7,014,300 $5,021,300 $1,993,000
2020 $26,882 $7,780,600 $5,507,200 $2,273,400
2019 $27,355 $7,895,800 $5,669,200 $2,226,600
2018 $27,277 $7,873,500 $5,804,100 $2,069,400
2017 $58,854 $7,039,300 $5,334,400 $1,704,900
2016 $44,302 $7,383,600 $5,129,200 $2,254,400
2015 $43,691 $7,281,800 $5,129,200 $2,152,600
2014 -- $4,833,200 $3,590,500 $1,242,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201619130

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-006-051-0000