NOT LISTED FOR SALE

1350 Aalapapa Dr Unit 439 Kailua, HI 96734

Estimated Value: $4,628,000 - $5,164,000

6 Beds
5.5 Baths
3,822 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $2,450,000 $641 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $29,237/month

106 Days on Market

Highlights

  • Parking available for a boat
  • Maid or Guest Quarters
  • Garden View
  • Kailua Intermediate School Rated A-
  • Wood Flooring
  • Building Patio

About This Home

As of July 2016

Large executive 5-bed/4.5 bath 2-story single-family home built in 2004 w/separate licensed 1-bed vacation rental cottage on the quiet end of the Lanikai loop. Both dwellings have photovoltaic panels and solar hot water greatly reducing energy costs. Main house has large kitchen and living spaces downstairs - along w/an office w/built-in workstations plus a large guest suite. Upstairs are 4 bedrooms - 2 suites and 2 bedrooms with a jack-and-jill bath. Cottage can continue to be used as a legal vacation rental ($5,000+/month) or converted to a long-term rental, in-law, or caretaker's quarters.

Last Agent to Sell the Property

Allison Green

Drop - 2016 License #RB-20365 Listed on: 02/22/2016

Co-Listed By

Brad Nelson

Drop - 2025 License #RB-19984

Last Buyer's Agent

Mary Farkash

Corcoran Pacific Properties License #RS-37708

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,640

Year Built

  • Built in 2004

Lot Details

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

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,822 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Entrance Foyer
  • Garden Views
  • Closed Circuit Camera

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters
  • Bathroom on Main Level

Parking

  • 3 Car Garage
  • Driveway
  • Parking available for a boat

Schools

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

Additional Features

  • Handicap Accessible
  • Underground Utilities

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 1-4-3-004-061-0000

Community Details

Overview

  • Built by Chris Johnston/Paul Sheffield
  • Lanikai Subdivision

Amenities

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

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,640

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Architectural Style: Cottage, Detached, Multiplex
  • Co List Office Mls Id: HPRG
  • Inclusions: AC Split,Auto Garage Door Opener,Blinds,Book Shelves,Cable TV,Ceiling Fan,Chandelier,Convection Oven,Dishwasher,Disposal,Drapes,Dryer,Lawn Sprinkler,Microwave,Photovoltaic - Owned,Range/Oven,Refrigerator,Security System,Smoke Detector,Solar Heater,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2004
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry
  • Co List Office Phone: (808) 227-5456
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level, Handicap Access
  • Unit Levels: One, Two
  • Living Area: 3822.0
  • New Construction: No
  • Roof: Composition
  • RoomType: Entry/Foyer, Guest Quarters
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Furnished: Negotiable
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: Pool/Spa Combo
  • Property Condition: Excellent, Good Condition
  • Topography: Level
  • View: Garden, Mountain(s)
  • View: Yes
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed, Pet on Property, Seller Disclosure
  • Exclusions: Other
  • Builder Name: Chris Johnston/Paul Sheffield
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Boat, Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 5.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Other, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-004-061-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 5640.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Firke Theodore and Asher Angela Marie
Bought by
Firke Theodore and Asher Angela
Current Estimated Value
$4,878,037

Purchase Details

Listed on
Feb 22, 2016
Closed on
Jun 25, 2016
Sold by
Green Michael Harman and Green Allison Price
Bought by
Fikre Theodore and Asher Angela Marie
Seller's Agent
Allison Green
Drop - 2016
Buyer's Agent
Mary Farkash
Corcoran Pacific Properties
List Price
$2,750,000
Sold Price
$2,450,000
Premium/Discount to List
-$300,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Aug 26, 2012
Sold by
Green Michael Harman and Green Alisson Price
Bought by
Green Michael Harman and Geren Allison Price

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,533
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Aug 25, 2012
Sold by
Green Michael Harman and Green Allison Price
Bought by
Green Michael Harman and Green Allison Price

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,533
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2008
Sold by
Green Michael Harman and Green Allison Price
Bought by
Green Michael Harman and Green Allison Price

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 1995
Sold by
Lung Kevin Reid and Lung Airan Niu
Bought by
Green Michael Harman and Green Allison Price

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Firke Theodore -- None Available
Firke Theodore -- None Available
Fikre Theodore $2,450,000 Tg
Fikre Theodore $2,450,000 Tg
Green Michael Harman -- Tg
Green Michael Harman -- Tg
Green Michael Harman -- Accommodation
Green Michael Harman -- Accommodation
Green Michael Harman -- Accommodation
Green Michael Harman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Michael Harman $1,124,533
Previous Owner Green Michael Harman $480,000
Closed Green Michael Harman $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $2,450,000 -10.9% $641 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $2,750,000 -- $720 / 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 $41,720 $4,318,300 $2,063,300 $2,255,000
2024 $41,720 $3,801,700 $2,063,300 $1,738,400
2023 $44,343 $4,538,900 $2,166,500 $2,372,400
2022 $29,386 $3,370,100 $2,166,500 $1,203,600
2021 $21,601 $2,628,700 $1,710,400 $918,300
2020 $20,373 $2,511,700 $1,664,800 $846,900
2019 $16,961 $2,495,200 $1,687,600 $807,600
2018 $16,961 $2,384,500 $1,687,600 $696,900
2017 $14,138 $2,356,400 $1,550,700 $805,700
2016 $6,806 $2,024,500 $1,433,500 $591,000
2015 $5,632 $1,689,100 $1,172,800 $516,300
2014 $4,823 $1,595,100 $1,084,700 $510,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201603754

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-004-061-0000