$5,300,000
SOLD JUN 12, 2019

1318 Mokulua Dr Kailua, HI 96734

-- Bed
-- Bath
-- Sq Ft
0.39 Acres

Recently Sold

4% Below List Price

67 Days on Market

Highlights

  • Ocean Front
  • 17,171 Sq Ft lot
  • Level Lot
  • Kailua Intermediate School Rated A-
  • Property is in excellent condition

About This Home

As of August 2020

Build a home you've always wanted directly facing the iconic Mokulua Islands. Live life Lanikai style, with sunrises, moonrises and world class water fun at your doorstep. Feeling active? Swim, SUP, surf or paddle, keeping an eye out for seals, whales, or turtles. Feeling lazy? Relax as you enjoy the ever changing turqoise waters and surf along the reef. Golf, social, and fitness on the Loop at nearby Mid Pacific Country Club. 20,526 sq. ft. land per TMK, 17,171 sq. ft street to Permitted seawall. Flood zones AE and X.

Last Agent to Sell the Property

Patty Bell

Carvill Sotheby's Intl. Realty License #RB-20760 Listed on: 03/07/2019

Carvill Sotheby's Intl. Realty

Last Buyer's Agent

Alesia Barnes

Compass License #RB-22312

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,660

Lot Details

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

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2-Story Property
  • Ocean Views

Schools

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

Community Details

  • Lanikai Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-004-076-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,660

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Unit Levels: Two
  • New Construction: No
  • Roof: Other
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Flooring: Other
  • Stories: 2

Exterior Features

  • Construction Type: Other
  • Lot Features: Cleared, Other, Level
  • Pool Features: None
  • Property Condition: Excellent
  • Topography: Level
  • View: Mountain(s), Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Three or more Spaces
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-004-076-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 48660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 20, 2020
Sold by
Reish Robert C and Reish Kathleen A
Bought by
Luamoku Group Llc
Seller's Agent
Cynthia Nash
Hawaii Life
Buyer's Agent
Ann Kwock
Trinity Properties, LLC
List Price
$4,350,000
Sold Price
$4,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Jan 27, 2020
Sold by
Reish Eugene Harry and The Sundial Living Trust
Bought by
Reish Robert C and Reish Kathleen A

Purchase Details

Closed on
Dec 5, 2019
Sold by
Reish Robert C and Reish Kathleen A
Bought by
Reish Eugene Harry and The Sundial Living Trust

Purchase Details

Listed on
Mar 7, 2019
Closed on
May 22, 2019
Sold by
Sl Development Llc
Bought by
Reish Robert C and Reish Kathleen A
Seller's Agent
Patty Bell
Carvill Sotheby's Intl. Realty
Buyer's Agent
Alesia Barnes
Compass
List Price
$5,500,000
Sold Price
$5,300,000
Premium/Discount to List
-$200,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Belsby Kirk O and Borina Belsby Kathy
Bought by
Sl Development Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Belsby Kirk O and Borina Belsby Kathy
Bought by
Flanigan Keith R and Flanigan Janel M

Purchase Details

Closed on
Sep 15, 2005
Sold by
Grossman Elizabeth Rice
Bought by
Belsby Kirk O and Borina Belsby Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,987,680
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 7, 2002
Sold by
Olds Kenneth Thomas
Bought by
Grossman Elizabeth Rice and Elizabeth Rice Grossman Family Trust
Source: Public Records

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Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,350,000 Or
Warranty Deed $4,350,000 Or
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $5,300,000 Fntic
Warranty Deed $5,300,000 Fntic
Warranty Deed $5,500,000 Tg
Limited Warranty Deed $154,100 None Available
Warranty Deed $4,550,000 Tg
Deed $3,060,000 Old Republic Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,987,680 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $6,900,000 +58.6% --
08/06/2020 08/06/20 Sold $4,350,000 0.0% --
08/06/2020 08/06/20 For Sale $4,350,000 -17.9% --
06/12/2019 06/12/19 Sold $5,300,000 -3.6% --
05/13/2019 05/13/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $5,500,000 -- --
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 $56,719 $5,624,500 $5,624,500 --
2024 $56,719 $5,624,500 $5,624,500 --
2023 $56,719 $5,624,500 $5,624,500 $0
2022 $45,354 $4,890,900 $4,890,900 $0
2021 $41,759 $4,548,500 $4,548,500 $0
2020 $52,848 $5,604,600 $5,604,600 $0
2019 $48,661 $5,769,400 $5,769,400 $0
2018 $48,661 $5,906,800 $5,906,800 $0
2017 $34,287 $5,714,500 $5,714,500 $0
2016 $32,968 $5,494,700 $5,494,700 $0
2015 $32,968 $5,494,700 $5,494,700 $0
2014 -- $3,846,300 $3,846,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201907114

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-004-076-0000