NOT LISTED FOR SALE

156 Kihapai St Kailua, HI 96734

Estimated Value: $1,449,000 - $2,233,000

3 Beds
4 Baths
1,391 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $1,150,000 $827 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $10,251/month

143 Days on Market

Highlights

  • Maid or Guest Quarters
  • Views
  • Ceramic Tile Flooring
  • Kailua Intermediate School Rated A-
  • Bathroom on Main Level
  • Fenced

About This Home

As of May 2018

Rarely available INVESTMENT OPPORTUNITY in Kailua for A-2 ZONED property (Medium Density Apartments). Lots of possibilities and great rental income while you're doing your planning & permitting. The front dwelling has two 1 bedroom/1 bath units. The back dwelling is a 1 bedroom plus den/2 bath cottage. The tenants are on month-to-month leases, with a total rental income of $5,500/month. The property has 3 separate electric meters, tenants pay their own electricity and cable. Other exclusions - AC supplied by tenants. Short distance to Kailua Town and Kailua Beach; easy access to H-3 and Pali Hwy. By appointment only, please do not disturb the tenants. Pets on the property. TO BE SOLD "AS IS". SMA regulations apply. Also listed as Multi-Family #201723618.

Last Agent to Sell the Property

Tony Groman

Town and Country Real Estate License #RB-22279 Listed on: 11/11/2017

Co-Listed By

Evelina Zivatkauskaite

Town and Country Real Estate License #RB-23589

Last Buyer's Agent

Wendell Kam

Coldwell Banker Realty License #RS-78510

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1949

Lot Details

  • 6,106 Sq Ft Lot
  • Fenced
  • Level Lot
  • Zoning described as 12 - A-2 Medium Density Apartme

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway

Schools

  • Kailua Elementary And Middle School
  • Kalaheo High School

Community Details

  • Coconut Grove Subdivision

Listing and Financial Details

  • Exclusions: Dryer,Other,Washer
  • Assessor Parcel Number 1-4-3-059-029-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,767

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Architectural Style: Cottage, Detached, Multiplex
  • Co List Office Mls Id: TCRE
  • Inclusions: Cable TV,Ceiling Fan,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1949
  • Fencing: Fenced, Wall
  • Road Surface Type: Paved
  • Co List Office Phone: (808) 389-4004
  • MLS Status: Closed
  • Subdivision Name: COCONUT GROVE
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 1391.0
  • New Construction: No
  • Roof: Asphalt, Composition, Shingle
  • RoomType: Guest Quarters
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate, Other
  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall
  • Lot Features: Cleared, Other, Level
  • Pool Features: None
  • Property Condition: Average Condition
  • Topography: Level
  • View: Other
  • View: Yes
  • Disclosures: 1031 Exchange, Pet on Property, Seller Disclosure, See Remarks
  • Exclusions: Dryer,Other,Washer

Garage/Parking

  • Parking Features: Carport, Driveway, Three or more Spaces, On Street
  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Sewer Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-059-029-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Tax Info

  • Tax Annual Amount: 2766.72

Multi Family

  • Total Actual Rent: 5500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Apr 19, 2018
Sold by
Benson Cale Stanley
Bought by
Le Thanh Nam Tran and Pham Gina Vu
Seller's Agent
Tony Groman
Town and Country Real Estate
Buyer's Agent
Wendell Kam
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,859,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,950
Avg. Annual Appreciation
6.64%
Original Mortgage
$620,000
Outstanding Balance
$533,313
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$1,326,637

Purchase Details

Closed on
Jun 1, 2010
Sold by
Benson Cale Stanley and Benson Tanya Lynn
Bought by
Benson Cale Stanley

Purchase Details

Closed on
May 3, 2005
Sold by
Pellegrino Rand Jay
Bought by
Benson Cale Stanley and Benson Tanya Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2003
Sold by
Cavaco Rivera Lp
Bought by
Pellegrino Rand Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2001
Sold by
Cavaco Maurice
Bought by
Cavaco Rivera Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2001
Sold by
National Mtg & Finance Company Ltd
Bought by
Cavaco Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.87%
Mortgage Type
Commercial
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
Le Thanh Nam Tran -- Or
Le Thanh Nam Tran -- Or
Benson Cale Stanley -- Accommodation
Benson Cale Stanley $820,000 Tg
Pellegrino Rand Jay $360,000 Fidelity National Title Ins
Cavaco Rivera Ltd Partnership $1,000 --
Cavaco Maurice $268,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Thanh Nam Tran $620,000
Closed Le Thanh Nam Tran $620,000
Previous Owner Benson Cale Stanley $650,000
Previous Owner Pellegrino Rand Jay $252,000
Previous Owner Cavaco Maurice $214,400
Closed Pellegrino Rand Jay $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2018 05/03/18 Sold $1,150,000 0.0% $827 / Sq Ft
05/03/2018 05/03/18 Sold $1,150,000 0.0% $827 / Sq Ft View Prior Sale
04/03/2018 04/03/18 Pending -- -- --
04/03/2018 04/03/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $1,150,000 0.0% $827 / Sq Ft
11/11/2017 11/11/17 For Sale $1,150,000 -- $827 / 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 $5,032 $1,533,100 $1,429,000 $104,100
2024 $5,032 $1,437,600 $1,331,600 $106,000
2023 $5,002 $1,436,000 $1,331,600 $104,400
2022 $5,002 $1,429,200 $1,331,600 $97,600
2021 $4,421 $1,263,200 $1,160,100 $103,100
2020 $4,242 $1,212,000 $1,099,100 $112,900
2019 $2,759 $1,153,500 $1,038,000 $115,500
2018 $2,759 $788,200 $732,700 $55,500
2017 $2,767 $790,500 $702,200 $88,300
2016 $2,703 $772,300 $683,900 $88,400
2015 $2,572 $734,900 $647,200 $87,700
2014 $2,335 $715,800 $628,900 $86,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tony Groman

    Town and Country Real Estate

    (808) 389-4004

    14 in this area

    22 Total Sales

    Tony Groman
    Section Image

  • E

    Seller Co-Listing Agent in 2018

    Evelina Zivatkauskaite

    Town and Country Real Estate

    (808) 389-4004

    9 in this area

    17 Total Sales

    Evelina Zivatkauskaite
    Section Image
  • Wendell Kam

    Buyer's Agent in 2018

    Wendell Kam

    Coldwell Banker Realty

    (808) 389-1286

    2 in this area

    43 Total Sales

    Wendell Kam
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201723576

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-059-029-0000

Hawaii Honolulu County Kailua 96734

156 Kihapai St, Kailua, HI

This home is located at 156 Kihapai St, Kailua, HI 96734 since 11 November 2017 and is currently estimated at $1,859,950, approximately $1,337 per square foot. This property was built in 1949. 156 Kihapai St is a home with nearby schools including Kailua Elementary School, Kailua Intermediate School, and Kalaheo High 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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