1208 Mokulua Dr Kailua, HI 96734
Estimated Value: $6,288,000 - $8,487,000
4
Beds
4.5
Baths
3,019
Sq Ft
$2,459/Sq Ft
Est. Value
Highlights
- Attached Garage
- Kailua Intermediate School Rated A-
- Tile Flooring
About This Home
As of February 2023Located on the white sandy beach of Lanikai opposite Oahu's famed Mokulua Islands, The Mokulua Cottages are where craftsmanship and design innovation converge in the reorientation of original 70-year-old beach bungalows into contemporary cottages. The 3 unique and separate dwellings are thoughtfully placed on the property to offer privacy while still maintaining a sense of community within the compound. Upon entering the “Makai” House, you are greeted by large glass sliders that open to a portrait view of the ocean and islands in the backdrop. The grassy lounge area allows for enjoyment of indoor/outdoor living that bring in the sights and sounds of the Pacific Ocean. Just a short stroll across the lushly landscaped yard takes you to the “Garden” cottage, a well-appointed studio setup perfect for guests. On the mountain side of the property sits the “Mauka” House, a cozy charmer that is a fully self-contained additional home. Offered turn-key, this luxurious curation of high-quality materials, timelessly elegant furniture, styling and lighting are found amongst all 3 dwellings. (1br/1.5ba makai house, Studio/1ba garden cottage & 3br/2ba mauka house.)
Last Agent to Sell the Property
Hawaii Life Brokerage Phone: 8086399011 License #RB-23453 Listed on: 12/01/2022
Last Buyer's Agent
Reciprocal Agent - Oahu
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,237
Year Built
- Built in 1935
Lot Details
- 0.34
Parking
- Attached Garage
Interior Spaces
- 3,019 Sq Ft Home
- Tile Flooring
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Property is zoned R-10
- Septic Tank
Community Details
- Lanikai Subdivision
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 1430050530000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2022
Closed on
Feb 14, 2023
Sold by
Singleton John Desmond
Bought by
Farsaie Family Joint Revocable Trust
Seller's Agent
Amy Frazier
Hawaii Life
Buyer's Agent
Reciprocal Agent - Oahu
List Price
$8,888,888
Sold Price
$7,895,000
Premium/Discount to List
-$993,888
-11.18%
Total Days on Market
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$472,608
Avg. Annual Appreciation
-2.67%
Original Mortgage
$3,000,000
Outstanding Balance
$2,921,968
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$4,500,424
Purchase Details
Closed on
Aug 12, 2019
Sold by
Day Stewart Douglas and Stewart Judith Ann
Bought by
Singleton John Desmond
Purchase Details
Closed on
Jun 12, 2018
Sold by
Stewart Douglas Day and Stewart Judith Ann
Bought by
Stewart Douglas Day and Stewart Judith Ann
Purchase Details
Closed on
Apr 21, 2017
Sold by
Stewart Douglas Day and Stewart Judith Ann
Bought by
Stewart Douglas Day and Stewart Judith Ann
Purchase Details
Closed on
Jun 24, 2009
Sold by
Easterling Patrick Mccloy and Easterling Peter M
Bought by
Stewart Douglas Day and Gersten Judith Ann
Purchase Details
Closed on
Sep 10, 2007
Sold by
Easterling Peter Mccloy
Bought by
Easterling Peter M and Revocable Trust Of Peter M Easterling
Purchase Details
Closed on
Apr 5, 2006
Sold by
Easterling Peter Mccloy
Bought by
Easterling Peter Mccloy and Easterling Patrick Mccloy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 20, 2006
Sold by
Easterling Peter M and Easterling Patrick M
Bought by
Easterling Peter Mccloy and Easterling Patrick Mccloy
Purchase Details
Closed on
Jul 12, 2005
Sold by
Easterling Peter Mccloy
Bought by
Easterling Peter Mccloy and Easterling Patrick Mccloy
Purchase Details
Closed on
Jan 12, 1996
Sold by
Lund Thomas Galt and Lund Barbara Jean
Bought by
Lund Thomas G and Lund Barbara J
Purchase Details
Closed on
Aug 26, 1994
Sold by
Dixon Gary
Bought by
Lund Berton Ralph and Lund Mae Padgett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.65%
Similar Homes in Kailua, HI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farsaie Family Joint Revocable Trust | -- | Title Guaranty & Escrow Servic | |
| Singleton John Desmond | -- | Tg | |
| Singleton John Desmond | -- | Tg | |
| Singleton John Desmond | -- | Tg | |
| Stewart Douglas Day | -- | None Available | |
| Stewart Douglas Day | -- | None Available | |
| Stewart Douglas Day | -- | None Available | |
| Stewart Douglas Day | -- | None Available | |
| Stewart Douglas Day | $3,500,000 | Tg | |
| Easterling Peter M | -- | None Available | |
| Easterling Peter Mccloy | -- | Tg | |
| Easterling Peter Mccloy | -- | Tg | |
| Easterling Peter Mccloy | -- | None Available | |
| Easterling Peter Mccloy | -- | -- | |
| Lund Thomas G | -- | -- | |
| Lund Berton Ralph | $170,000 | First Hawaii Title Corporati |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farsaie Family Joint Revocable | $3,000,000 | |
| Previous Owner | Stewart Douglas Day | $400,000 | |
| Previous Owner | Stewart Douglas Day | $250,000 | |
| Previous Owner | Easterling Peter Mccloy | $815,000 | |
| Previous Owner | Lund Berton Ralph | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Off Market | $7,895,000 | -- | -- |
| 05/26/2023 05/26/23 | Off Market | $7,895,000 | -- | -- |
| 02/24/2023 02/24/23 | Sold | $7,895,000 | -11.2% | $2,615 / Sq Ft |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- |
| 12/01/2022 12/01/22 | For Sale | $8,888,888 | -- | $2,944 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $22,346 | $7,425,400 | $5,724,700 | $1,700,700 |
| 2024 | $22,346 | $6,544,700 | $5,724,700 | $820,000 |
| 2023 | $66,518 | $6,484,000 | $5,724,700 | $759,300 |
| 2022 | $37,237 | $5,760,100 | $4,978,000 | $782,100 |
| 2021 | $47,542 | $5,099,200 | $4,629,500 | $469,700 |
| 2020 | $48,039 | $5,146,600 | $5,077,600 | $69,000 |
| 2019 | $18,605 | $5,490,300 | $5,226,900 | $263,400 |
| 2018 | $18,605 | $5,435,600 | $5,351,400 | $84,200 |
| 2017 | $18,312 | $5,352,000 | $5,177,100 | $174,900 |
| 2016 | $17,275 | $5,055,700 | $4,978,000 | $77,700 |
| 2015 | $18,087 | $5,287,700 | $4,978,000 | $309,700 |
| 2014 | -- | $4,243,400 | $3,484,600 | $758,800 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Frazier
Seller's Agent in 2023
Amy Frazier
Hawaii Life
(808) 639-9011
2 in this area
56 Total Sales
-
R
Buyer's Agent in 2023
Reciprocal Agent - Oahu
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 666202
APN: 1-4-3-005-053-0000
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