NOT LISTED FOR SALE

1502 Mokulua Dr Kailua, HI 96734

Estimated Value: $5,562,270 - $6,741,000

4 Beds
3 Baths
4,880 Sq Ft
$1,257/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $4,200,000 $861 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $38,055/month

159 Days on Market

Highlights

  • Ocean Front
  • 25,700 Sq Ft lot
  • Card or Code Access
  • Kailua Intermediate School Rated A-
  • Maid or Guest Quarters
  • Bathroom on Main Level

About This Home

As of March 2017

OCEANFRONT LANIKAI! Experience the grace of Old Hawai'i situated on world famous Lanikai beach with picture windows framing the Mokulua Islands. Savor unobstructed views of turquoise blue/ green waters w/ocean activities at your doorstep. This island style home has been owned by the same family since 1956 and is a prime Lanikai oceanfront property located at the desired end of the Lanikai loop. A magical slice of yesteryear's simplicity with expansive yards for outdoor gatherings both intimate and grand. Wonderful opportunity to build new or update and preserve the classic island flavor.

Last Agent to Sell the Property

Wana'ao Eldridge

Drop - 2025 License #RS-70427 Listed on: 09/16/2016

Co-Listed By

Cynthia Nash

Hawaii Life License #RB-17455

Last Buyer's Agent

Ruthie Kaminskas

Compass License #RS-78191

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,184

Year Built

  • Built in 1941

Lot Details

  • 0.59 Acre Lot
  • Ocean Front
  • Property fronts a county road
  • Fenced
  • Level Lot
  • Zoning described as 03 - R10 - Residential District

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 4,880 Sq Ft Home
  • 1-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 3 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Schools

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

Community Details

  • Lanikai Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-003-063-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,184

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multiplex
  • Co List Office Mls Id: CHOI
  • Inclusions: Book Shelves,Cable TV,Ceiling Fan,Dishwasher,Disposal,Drapes,Dryer,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1941
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: County Road
  • SecurityFeatures: Key Card Entry
  • Co List Office Phone: (808) 734-7711
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 4880.0
  • New Construction: No
  • Roof: Shake, Wood
  • RoomType: Guest Quarters
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Flooring: Other
  • Furnished: Partially
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Average Condition, Updated/Remodeled
  • Topography: Level
  • View: Mountain(s), Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure, See Remarks

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces, On Street
  • Total Parking Spaces: 4.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Other, Sewer Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-003-063-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 29184.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Mar 20, 2017
Sold by
Abbott Ethan D B
Bought by
Caretta Way Llc
Seller's Agent
Wana'ao Eldridge
Drop - 2025
Buyer's Agent
Ruthie Kaminskas
Compass
List Price
$4,750,000
Sold Price
$4,200,000
Premium/Discount to List
-$550,000
-11.58%
Total Days on Market
159
Current Estimated Value
$6,135,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,935,318
Avg. Annual Appreciation
4.73%
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
Caretta Way Llc $4,200,000 Tg
Caretta Way Llc $4,200,000 Tg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $4,200,000 -11.6% $861 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $4,750,000 -- $973 / 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 $43,384 $4,342,200 $4,335,900 $6,300
2024 $43,384 $4,454,700 $4,335,900 $118,800
2023 $42,132 $4,344,900 $4,335,900 $9,000
2022 $34,880 $3,893,300 $3,770,400 $122,900
2021 $32,277 $3,645,400 $3,506,500 $138,900
2020 $35,031 $3,907,700 $3,845,800 $61,900
2019 $37,555 $4,148,100 $3,958,900 $189,200
2018 $33,821 $4,257,900 $4,053,100 $204,800
2017 $38,195 $4,743,900 $4,574,700 $169,200
2016 $36,814 $6,135,700 $5,341,300 $794,400
2015 $44,150 $7,358,400 $5,718,500 $1,639,900
2014 -- $4,851,200 $4,003,000 $848,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Wana'ao Eldridge

    Drop - 2025

    (808) 825-4277

    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Cynthia Nash

    Hawaii Life

    (800) 370-3848

    26 in this area

    78 Total Sales

    Cynthia Nash
    Section Image

  • R

    Buyer's Agent in 2017

    Ruthie Kaminskas

    Compass

    (808) 825-4277

    39 in this area

    65 Total Sales

    Ruthie Kaminskas
    Section Image
  • Kimi Correa

    Buyer Co-Listing Agent in 2017

    Kimi Correa

    LUVA Real Estate

    (808) 222-3047

    25 in this area

    60 Total Sales

    Kimi Correa
    Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201623183

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-003-063-0000

Hawaii Honolulu County Kailua 96734

1502 Mokulua Dr, Kailua, HI

This home is located at 1502 Mokulua Dr, Kailua, HI 96734 since 16 September 2016 and is currently estimated at $6,135,318, approximately $1,257 per square foot. This property was built in 1941. 1502 Mokulua Dr is a home located in Honolulu County with nearby schools including Kailua Intermediate School, Kalaheo High School, and Ka'ohao Public Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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