$13,800,000
SOLD MAY 3, 2017

1611 Mokulua Dr Kailua, HI 96734

5 Beds
6.5 Baths
6,296 Sq Ft
2.63 Acres

Recently Sold

$2,192 Per Sq Ft

7% Below List Price

0 Day on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Maid or Guest Quarters
  • Kailua Intermediate School Rated A-
  • 114,432 Sq Ft lot
  • Wooded Lot

About This Home

As of May 2018

LANIKAI HILLSIDE ESTATE. This stunning home designed by House Concepts & award-winning architect James McPeak sits high above Lanikai w/ unsurpassed views of the ocean & Mokuluas. Truly a resort within itself, this luxurious 5B,6.5BA residence offers the latest stunning design & modern architecture. Custom details & exquisite imported materials complete this masterpiece. Superb amenities include a poolside pavilion, gym w/ sauna, guest/entertainment suite, office, media room, infinity pool, sun deck/lounge/w/ jacuzzi, 3-car garage + 6 additional parking in driveway & more!

Last Agent to Sell the Property

Tracy Allen

Coldwell Banker Realty License #RS-46610 Listed on: 05/03/2017

Coldwell Banker Realty

Last Buyer's Agent

Alesia Barnes

Compass License #RB-22312

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,670

Year Built

  • Built in 2014

Lot Details

  • 2.63 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Fenced
  • Landscaped
  • Wooded Lot
  • Property is in excellent condition
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean
  • Coastline
  • Garden

Home Design

  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction

Interior Spaces

  • 6,296 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level

Parking

  • 3 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • Pool Tile

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-001-009-0000

Community Details

Overview

  • Lanikai Subdivision

Amenities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,670

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: AC Central,AC Split,Auto Garage Door Opener,Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Gas Grill,Lawn Sprinkler,Microwave,Range Hood,Range/Oven,Refrigerator,Security System,Smoke Detector,Solar Heater,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2014
  • CommunityFeatures: Deck/Porch, Patio, Sauna, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 6296.0
  • New Construction: No
  • Roof: Other
  • RoomType: Entry/Foyer, Guest Quarters
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Masonry, Steel Frame, Stucco, Wood Frame
  • Lot Features: Cleared, Interior Lot, Wooded, Level
  • Pool Features: In Ground, Pool/Spa Combo, Tile
  • Property Condition: Excellent
  • Topography: Level,Rolling,Sloping,Terraced
  • View: Coastline, Garden, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 3.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas 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: 1-4-3-001-009-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 66669.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Lava International Inc
Bought by
Asama Holding Llc
Current Estimated Value
$11,340,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,578,750
Outstanding Balance
$11,410,192
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$26,758

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 17, 2018
Sold by
Jordan Douglas D
Bought by
Lava International Inc
Seller's Agent
Alesia Barnes
Compass
Buyer's Agent
Takako Friend
Locations LLC
List Price
$14,500,000
Sold Price
$14,000,000
Premium/Discount to List
-$500,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.72%

Purchase Details

Listed on
May 3, 2017
Closed on
May 1, 2017
Sold by
Wunnicke Michael Otto Arthur and Wunnicke Christine Gunda
Bought by
Jordan Douglas D
Seller's Agent
Tracy Allen
Coldwell Banker Realty
Buyer's Agent
Alesia Barnes
Compass
List Price
$14,800,000
Sold Price
$13,800,000
Premium/Discount to List
-$1,000,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%

Purchase Details

Closed on
May 18, 2015
Sold by
Wunnicke Michael Otto Artur and Wunnicke Christine Gunda
Bought by
Michael Otto Artur Wunnicke Revocable Tr

Purchase Details

Listed on
Sep 6, 2011
Closed on
Dec 10, 2012
Sold by
Wong Elizabeth E
Bought by
Wunnicke Michael Otto Arthur and Wunnicke Christine Gunda
Seller's Agent
Tracy Allen
Coldwell Banker Realty
Buyer's Agent
Tracy Allen
Coldwell Banker Realty
List Price
$2,461,700
Sold Price
$1,850,000
Premium/Discount to List
-$611,700
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$1,000,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2011
Sold by
Wong Elizabeth Eastham and Wong Elizabeth E
Bought by
Wong Elizabeth E and Elizabeth E Wong Revocable Family Trust

Purchase Details

Closed on
Jan 20, 2006
Sold by
Eastham Elizabeth Anne
Bought by
Wong Elizabeth E

Purchase Details

Closed on
Jul 13, 2005
Sold by
Eastern Pacific Properties Llc
Bought by
Wong Wallace L T and Wallace T Wong Separate Property Revocab

Purchase Details

Closed on
Oct 25, 2000
Sold by
Kekuewa Russell Leighton
Bought by
Eastern Pacific Properties Llc

Purchase Details

Closed on
Dec 11, 1995
Sold by
Blackward Harry Lee
Bought by
Kekuewa Russell Leighton
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 Type Sale Price Title Company
Warranty Deed -- Title Guaranty & Escrow Servic
Warranty Deed -- Title Guaranty & Escrow Servic
Warranty Deed $14,000,000 Tg
Warranty Deed $13,800,000 Tg
Warranty Deed $13,800,000 Tg
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $1,850,000 Tg
Deed $1,850,000 Tg
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $2,700,000 Tg
Warranty Deed $2,300,000 --
Warranty Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,578,750 New Conventional
Closed $13,578,750 New Conventional
Previous Owner $1,000,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $14,000,000 -3.4% $2,224 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $14,500,000 +5.1% $2,303 / Sq Ft
05/03/2017 05/03/17 Sold $13,800,000 -6.8% $2,192 / Sq Ft
05/03/2017 05/03/17 For Sale $14,800,000 +700.0% $2,351 / Sq Ft
12/13/2012 12/13/12 Sold $1,850,000 -24.8% $294 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $2,461,700 -- $391 / 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 $213,130 $21,580,200 $13,415,300 $8,164,900
2024 $213,130 $19,344,700 $13,415,300 $5,929,400
2023 $226,306 $20,500,500 $13,415,300 $7,085,200
2022 $192,084 $18,865,100 $12,690,200 $6,174,900
2021 $136,677 $13,588,300 $10,877,300 $2,711,000
2020 $143,149 $14,204,700 $10,514,700 $3,690,000
2019 $121,805 $14,326,800 $10,732,300 $3,594,500
2018 $121,805 $14,033,900 $10,442,200 $3,591,700
2017 $41,363 $11,898,100 $9,354,500 $2,543,600
2016 $66,670 $11,111,600 $8,919,400 $2,192,200
2015 $13,628 $2,271,300 $2,271,300 $0
2014 -- $2,147,600 $2,147,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201709326

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-001-009-0000