$1,850,000
SOLD DEC 13, 2012

1611 Mokulua Dr Kailua, HI 96734

2.63 Acres
$704,226 Price per Acre
114,432 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

25% Below List Price

434 Days on Market

Highlights

  • Ocean View
  • Kailua Intermediate School Rated A-
  • 114,432 Sq Ft lot

About This Lot

As of May 2018

Stunning estate parcel of 2.6 acres in exclusive Lanikai is located in a private gated setting amidst breathtaking luxury homes. Build the ultimate estate of your dreams & enjoy unsurpassed ocean, mountain, coastline and Mokulua Island views plus private beach access . R-10 Zoning offers unlimited possibilities.

Last Agent to Sell the Property

Tracy Allen

Coldwell Banker Realty License #RS-46610 Listed on: 09/06/2011

Coldwell Banker Realty

Last Buyer's Agent

Tracy Allen

Coldwell Banker Realty License #RS-46610 Listed on: 09/06/2011

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,752

Lot Details

  • 2.63 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean
  • Coastline

Schools

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

Community Details

  • Lanikai Subdivision

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$7,752

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Current Use: Residential
  • Road Frontage Type: Private Road, Easement
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Interior Lot, Other, Level, Steep Slope
  • Topography: Level,Rolling,Sloping
  • View: Coastline, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Not Connected

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel Number: 1-4-3-001-009-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 7752.0

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: 1110955

HiCentral MLS (Honolulu Board of REALTORS®)

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