NOT LISTED FOR SALE

1319 Mokulua Dr Kailua, HI 96734

Estimated Value: $3,863,000 - $4,681,000

5 Beds
5 Baths
4,404 Sq Ft
$985/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $2,650,000 $602 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $24,046/month

About This Home

As of November 2017

Stunning Lanikai Home with Mokulua Views - Unparalleled Luxury Living!
Escape to the idyllic shores of Lanikai with this private, fully-furnished 4-bedroom retreat just steps away from the world-famous Lanikai Beach. Revel in breathtaking Mokulua views and indulge in the epitome of island living.
Features:
4 bedrooms with ensuite full bathrooms.
3 upper level bedrooms, 1 main level bedroom, and a versatile 5th bonus room.
Primary spa style bath.
Modern kitchen with 2 large pantries.
Expansive backyard with pool, spa, covered lanai, and 70" outdoor TV.
Propane grill, large dining table, and beverage refrigerator for outdoor entertaining.
Ring security system with indoor cameras.
Peloton exercise bike, pool table, wine refrigerator, 2 kayaks with paddles, and board storage,
garage freezer, optional mesh pool gate, pool chairs, and LED umbrellas.
Utilities:
Yard service, Pool service, and Water included with cap.
Renter responsible for electric, internet, and cable
Lease Details:
Long-term lease preferred.
Furnishing negotiable and can be removed.
Small dog negotiable (no cats due to allergy).
Linens not included.
Some furniture and artwork shown will be removed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Nov 10, 2017
Sold by
Purpura James Robert and Purpura Stephanie Alyson
Bought by
Pearson Duncan Hugh and Pearson Ann Duncan
Seller's Agent
Alesia Barnes
Compass
Buyer's Agent
Bob Vieira
Drop - 2024
List Price
$2,900,000
Sold Price
$2,650,000
Premium/Discount to List
-$250,000
-8.62%
Current Estimated Value
$4,337,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,846
Avg. Annual Appreciation
6.75%
Original Mortgage
$450,000
Outstanding Balance
$381,535
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,956,311

Purchase Details

Listed on
Dec 23, 2015
Closed on
Aug 12, 2016
Sold by
Budke Michael Joseph and Budke Karen Elizabeth
Bought by
Purpura James Robert and Purpura Stephanie Alyson
Seller's Agent
Alesia Barnes
Compass
Buyer's Agent
Alesia Barnes
Compass
List Price
$3,200,000
Sold Price
$2,219,000
Premium/Discount to List
-$981,000
-30.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$2,019,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
First Hawaiian Bank
Bought by
Budke Michael Joseph and Budke Karen Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Pearson Duncan Hugh $2,650,000 Tg
Pearson Duncan Hugh $2,650,000 Tg
Purpura James Robert -- Fidelity Natl Title & Escrow
Budke Michael Joseph $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Duncan Hugh $450,000
Closed Pearson Duncan Hugh $450,000
Previous Owner Purpura James Robert $2,019,000
Previous Owner Budke Michael Joseph $2,000,000
Previous Owner Budke Michael Joseph $250,000
Previous Owner Budke Michael Joseph $150,000
Previous Owner Budke Michael Joseph $1,422,650
Previous Owner Budke Michael Joseph $1,475,000
Previous Owner Budke Michael Joseph $300,000
Previous Owner Budke Michael Joseph $1,000,000
Previous Owner Budke Michael Joseph $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Rented $15,000 0.0% --
02/29/2024 02/29/24 For Rent $15,000 0.0% --
11/17/2017 11/17/17 Sold $2,650,000 -8.6% $678 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $2,900,000 +30.7% $742 / Sq Ft
09/09/2016 09/09/16 Sold $2,219,000 -30.7% $516 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $3,200,000 -- $744 / Sq Ft

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
2024 $12,294 $3,632,600 $1,947,500 $1,685,100
2023 $14,413 $4,318,000 $1,947,500 $2,370,500
2022 $12,114 $3,561,200 $1,947,500 $1,613,700
2021 $9,776 $2,893,200 $1,537,500 $1,355,700
2020 $8,891 $2,640,300 $1,496,500 $1,143,800
2019 $9,315 $2,741,500 $1,517,000 $1,224,500
2018 $16,292 $2,310,200 $1,517,000 $793,200
2017 $15,665 $2,240,600 $1,394,000 $846,600
2016 $7,174 $2,129,600 $1,353,000 $776,600
2015 $11,214 $1,869,000 $1,107,000 $762,000
2014 $5,978 $1,883,200 $1,053,000 $830,200
Source: Public Records

Agents Affiliated with this Home

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