NOT LISTED FOR SALE

158 Kapaa St Kailua, HI 96734

Estimated Value: $2,204,000 - $2,421,000

4 Beds
2 Baths
2,085 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $2,100,000 $1,007 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,641/month

171 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Bathroom on Main Level
  • Kainalu Elementary School Rated A-
  • Solar owned by a third party
  • 1-Story Property

About This Home

As of May 2024

This is an opportunity to buy a 10,000 square foot lot with a 2,097 square foot single family home designed with unique custom materials and fully fenced for privacy by Kailua Beach. Make this your own! The remodel is not completed so the buyer picks all their own finishes, landscaping and customizes the layout details for your lifestyle. The location is 6 houses away from Kalama Beach Club. Beautiful salt-water pool, a new Abodo crafted wood pool deck, 19 Tesla Solar Panels and storage shed. Hand carved stone, Mahogany doors, veneer coral stone, Ohia posts, water fountain, hot tub and more are part of the vision for this oasis. No changes to the footprint. Plans for a garage and ADU are available. Four bedrooms, two baths, two living rooms and a laundry room are conducive to multi-family living. Artist renderings and enhanced pictures show the vision of the lifestyle property at completion and are not to scale.

Last Agent to Sell the Property

Debbie Schatz

Coldwell Banker Realty License #RS-60416 Listed on: 11/20/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,812

Year Built

  • Built in 1951 | Remodeled in 2023

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Repairs Needed
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Kainalu Elementary School
  • Kailua Middle School
  • Kalaheo High School

Additional Features

  • Solar owned by a third party
  • In Ground Pool
  • Sewer Tap Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,812

Year Built

Built in 1951 | Remodeled in 2023

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: Photovoltaic – Leased
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 2085
  • Fill Sq Ft Total: 2097
  • Stories Type: One
  • Year Built: 1951
  • Year Renovated: 2023
  • Attribution Contact: (808) 262-3104
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other

Exterior Features

  • Construction Type: Above Ground, Double Wall, Slab, Wood Frame
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: In Ground
  • Property Condition: Above Average, Needs Major Repair
  • Topography: Level
  • View: Mountain, Sunset

Garage/Parking

  • Parking Features: 2 Car, Street
  • Total Parking Spaces: 4

Utilities

  • Utilities: Overhead Electricity, Public Water, Sewer Fee

Association/Amenities

  • AssociationFee2Includes: None

Schools

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

Tax Info

  • Tax Annual Amount: 13812.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
May 9, 2024
Sold by
Von Zini Design Llc
Bought by
Kristine Kappelman Revocable Trust and Kappelman
Seller's Agent
Debbie Schatz
Coldwell Banker Realty
List Price
$2,350,000
Sold Price
$2,100,000
Premium/Discount to List
-$250,000
-10.64%
Views
73
Current Estimated Value
$2,289,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,758
Avg. Annual Appreciation
8.18%

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 15, 2023
Sold by
Black Point Investements Llc
Bought by
Von Zini Design Llc
Seller's Agent
Lori Kaizawa
Demarked Realty Hawaii LLC
Buyer's Agent
Debbie Schatz
Coldwell Banker Realty
List Price
$2,095,000
Sold Price
$2,000,000
Premium/Discount to List
-$95,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$2,400,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2017
Closed on
Oct 6, 2017
Sold by
Pacheco Henry and Pacheco Naomi
Bought by
Black Point Investments Llc
Seller's Agent
Mark Young
True Real Estate Hawaii LLC
Buyer's Agent
Lori Kaizawa
Demarked Realty Hawaii LLC
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Pacheco Henry and Pacheco Naomi
Bought by
Pacheco Henry and Pacheco Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1993
Sold by
Pacheco Henry Eliseo and Pacheco Naomi Susan
Bought by
Pacheco Henry Eliseo and Pacheco Naomi Susan
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
Kristine Kappelman Revocable Trust -- Old Republic Title
Von Zini Design Llc $2,000,000 Old Republic Title
Black Point Investments Llc $1,325,000 Or
Black Point Investments Llc $1,325,000 Or
Pacheco Henry -- --
Pacheco Henry Eliseo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Von Zini Design Llc $2,400,000
Previous Owner Pacheco Henry $305,000
Closed Pacheco Henry $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $2,100,000 0.0% $1,007 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
03/24/2024 03/24/24 Price Changed $2,100,000 -10.6% $1,007 / Sq Ft
11/20/2023 11/20/23 For Sale $2,350,000 +17.5% $1,127 / Sq Ft
02/24/2023 02/24/23 Off Market $2,000,000 -- --
02/23/2023 02/23/23 Sold $2,000,000 -4.5% $959 / Sq Ft
11/23/2022 11/23/22 For Sale $2,095,000 +58.1% $1,005 / Sq Ft
10/12/2017 10/12/17 Sold $1,325,000 -11.7% $635 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $1,500,000 -- $719 / 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 $18,019 $2,027,200 $1,700,000 $327,200
2024 $18,019 $2,229,700 $1,700,000 $529,700
2023 $13,811 $1,860,600 $1,700,000 $160,600
2022 $13,462 $1,853,500 $1,700,000 $153,500
2021 $10,910 $1,610,500 $1,280,000 $330,500
2020 $8,544 $1,385,100 $1,210,000 $175,100
2019 $8,695 $1,399,500 $1,230,000 $169,500
2018 $7,704 $1,356,000 $1,320,000 $36,000
2017 $6,689 $1,243,200 $1,230,000 $13,200
2016 $6,946 $1,157,700 $1,040,000 $117,700
2015 $6,533 $1,088,800 $880,000 $208,800
2014 $3,323 $1,063,800 $840,000 $223,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202325859

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-026-011-0000