$3,745,000
SOLD MAR 28, 2025

1515 Mokulua Dr Kailua, HI 96734

3 Beds
2.5 Baths
1,730 Sq Ft
0.26 Acres

Recently Sold

$2,165 Per Sq Ft

1% Below List Price

75 Days on Market

Highlights

  • Parking available for a boat
  • Ceramic Tile Flooring
  • Level Lot
  • Kailua Intermediate School Rated A-
  • Property is in excellent condition
  • 1-Story Property

About This Home

As of March 2025

Welcome to Lanikai of the past. The quiet side of the loop, away from the rental cars, the hikers and beach goers. Located in the final block of prestigious Mokulua Dr. Enjoy the beautiful beach home which was meticulously restored with classic touches of a bygone era. The home is just yards from a small secluded beach or make your way to the main beach of Lanikai. Come home from the beach and enjoy the updated kitchen with high end appliances with all the charm of 1940’s beach cottage. The home sits on a large level lot which includes a large storage shed, perfect of ocean toys, a one-car carport and a separate cottage in the back. Split AC through out cool the main home.

Last Agent to Sell the Property

Michael Dilks

Carvill Sotheby's Intl. Realty Brokerage Phone: (808) 263-5900 License #RB-22862 Listed on: 11/12/2024

Carvill Sotheby's Intl. Realty

Last Buyer's Agent

Alejandro Gutierrez

Corcoran Pacific Properties License #RS-87536

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,966

Year Built

  • Built in 1941

Lot Details

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

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • Carport
  • Parking available for a boat

Schools

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

Community Details

  • Lanikai Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-003-058-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,966

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: AC Split,Blinds,Book Shelves,Ceiling Fan,Chandelier,Dishwasher,Disposal,Dryer,Range Hood,Range/Oven,Refrigerator,Washer,Water Heater
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1941
  • Attribution Contact: (808) 263-5900
  • Road Frontage Type: County Road
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Carport Y N: Yes
  • Unit Levels: One
  • Living Area: 1730.0
  • New Construction: No
  • Roof: Composition
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Single Wall, Wood Frame
  • Lot Features: Cleared, Other, Level
  • Pool Features: None
  • Property Condition: Excellent, Updated/Remodeled
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Pet on Property, Seller Disclosure

Garage/Parking

  • Parking Features: Boat, Carport, Three or more Spaces
  • Total Parking Spaces: 5.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-003-058-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 22966.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Mar 24, 2025
Sold by
Brent D Botzenhardt Revocable Trust and Botzenhardt Brent D
Bought by
Gutierrez Alejandro and Closa Beatriz
Seller's Agent
Michael Dilks
Carvill Sotheby's Intl. Realty
Buyer's Agent
Alejandro Gutierrez
Corcoran Pacific Properties
List Price
$3,795,000
Sold Price
$3,745,000
Premium/Discount to List
-$50,000
-1.32%
Views
95
Current Estimated Value
$3,670,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,203
Avg. Annual Appreciation
-5.86%
Original Mortgage
$2,000,000
Outstanding Balance
$1,996,627
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,667,855

Purchase Details

Listed on
Mar 8, 2024
Closed on
Mar 5, 2024
Sold by
Rasmussen 2012 Trust
Bought by
Brent D Botzenhardt Revocable Trust and Botzenhardt
Seller's Agent
Margy Grosswendt
Margy Grosswendt RE Agency LLC
Buyer's Agent
Michael Dilks
Carvill Sotheby's Intl. Realty
List Price
$33,000,000
Sold Price
$3,300,000
Premium/Discount to List
-$29,700,000
-90%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$2,640,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Nov 17, 2017
Sold by
Cobb Bayless E and Cobb James L S
Bought by
Rasmussen Mark A and Rasmussen Linda R
Seller's Agent
Cynthia Nash
Hawaii Life
Buyer's Agent
Margy Grosswendt
Margy Grosswendt RE Agency LLC
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
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 Type Sale Price Title Company
Warranty Deed -- Fam
Warranty Deed -- Fam
Warranty Deed $1,600,000 Or
Warranty Deed $1,600,000 Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $2,640,000 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $3,745,000 -1.3% $2,165 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
11/12/2024 11/12/24 For Sale $3,795,000 +15.0% $2,194 / Sq Ft
03/08/2024 03/08/24 Sold $3,300,000 0.0% $1,908 / Sq Ft
03/08/2024 03/08/24 Price Changed $3,300,000 -90.0% $1,908 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $33,000,000 +1962.5% $19,075 / Sq Ft
11/02/2017 11/02/17 Sold $1,600,000 +0.3% $925 / Sq Ft
11/02/2017 11/02/17 For Sale $1,595,000 -- $922 / 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 $8,763 $2,419,800 $2,018,800 $401,000
2024 $8,763 $2,663,700 $2,018,800 $644,900
2023 $8,145 $2,567,100 $2,018,800 $548,300
2022 $7,221 $2,203,000 $2,018,800 $184,200
2021 $5,878 $1,779,400 $1,593,800 $185,600
2020 $5,322 $1,620,600 $1,551,300 $69,300
2019 $5,427 $1,630,500 $1,572,500 $58,000
2018 $9,742 $1,582,400 $1,572,500 $9,900
2017 $8,651 $1,461,200 $1,445,000 $16,200
2016 $8,785 $1,464,100 $1,402,500 $61,600
2015 $7,952 $1,325,300 $1,147,500 $177,800
2014 -- $1,166,800 $1,072,500 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202426456

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-003-058-0000