$4,900,000
SOLD MAY 20, 2024
3 Beds
3.5 Baths
2,920 Sq Ft
0.3 Acres

Recently Sold

$1,678 Per Sq Ft

15% Below List Price

118 Days on Market

Highlights

  • Ocean Front
  • Parking available for a boat
  • Marble Flooring
  • Koko Head Elementary School Rated A-
  • In Ground Pool
  • Patio

About This Home

As of May 2024

Calling all ocean and Diamond Head view lovers! Located in Koko Kai, one of Hawaii's most exclusive neighborhoods, this rare oceanfront single level home on a flat lot boasts unobstructed ocean views framed by Diamond Head, the Ko'olau Range, stunning sunsets, and Honolulu city lights. This home is just one of a few oceanfront homes in Koko Kai and is set above the ocean. Three bright and airy rooms overlooks either the entry-way koi pond garden or the ocean. Drift asleep to the peaceful sounds of gentle lapping waves from the primary bedroom. Use a bonus ocean view room as a dedicated dining room, in-house office, art studio, or yoga area. Take a dip in the crystal clear pool or directly access the ocean from the private stairs to swim, snorkel, surf, fish, SUP, and/or scuba dive...the ocean is your backyard! Enjoy spotting various Hawaiian marine life throughout the year including humpback whales, dolphins, turtles, and Hawaiian Monk seals. Create your paradise home from this valuable location. Further improvements will go a long way. This home has unlimited potential! Tax records may differ. Buyers must complete all due diligence that they may deem material. Sold AS-IS.

Last Agent to Sell the Property

Wayne Chi

Gloria Chi Realty Inc. License #RB-20658 Listed on: 11/11/2023

Last Buyer's Agent

Tracy Allen

Coldwell Banker Realty License #RS-46610

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,158

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Ocean Front
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in average condition

Property Views

  • Ocean
  • Coastline
  • City
  • Mountain
  • Diamond Head

Home Design

  • Wood Frame Construction

Interior Spaces

  • 2,920 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking available for a boat

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Koko Head Elementary School
  • Niu Valley Middle School
  • Kaiser High School

Utilities

  • Window Unit Cooling System
  • Underground Utilities
  • Water Heater
  • Sewer Tap Fee
  • Internet Available

Community Details

  • Maunalua Triangle Koko Kai Community Assoc. Community
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,158

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Window Unit, Auto Garage Door Opener, Ceiling Fan, Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer, Water Heater
  • PropertyFrontage: Ocean
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 2920
  • Fill Sq Ft Total: 3025
  • Stories Type: One
  • Year Built: 1968
  • Attribution Contact: (808) 941-9999
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood, Marble/Granite, Other
  • Furnished: None

Exterior Features

  • Construction Type: Above Ground, Concrete, Double Wall, Other, Wood Frame
  • Easements: None
  • Flood Zone: Zone D
  • Lot Features: Clear
  • Pool Features: In Ground, Pool on Property
  • Property Condition: Average
  • Topography: Level
  • View: City, Coastline, Diamond Head, Mountain, Ocean, Sunset

Garage/Parking

  • Parking Features: 3 Car+, Boat, Driveway, Garage, Street
  • Total Parking Spaces: 6
  • Sq Ft GarageCarport: 399

Utilities

  • Utilities: Connected, Internet, Public Water, Sewer Fee, Underground Electricity, Water

Association/Amenities

  • AssociationCommunityName: Maunalua Triangle Koko Kai Community Assoc.
  • AssociationFee2Includes: None

Schools

  • Elementary School: Koko Head
  • Middle School: Niu Valley
  • High School: Kaiser
  • Elementary School: Koko Head
  • High School: Kaiser
  • Middle Or Junior School: Niu Valley

Tax Info

  • Tax Annual Amount: 35157.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
May 14, 2024
Sold by
Peter Faun Revocable Living Trust and Yung-Kuei Chi Gloria
Bought by
162 Hanapepe Loop Nominee Trust and Damore
Seller's Agent
Wayne Chi
Gloria Chi Realty Inc.
Buyer's Agent
Tracy Allen
Coldwell Banker Realty
List Price
$5,750,000
Sold Price
$4,900,000
Premium/Discount to List
-$850,000
-14.78%
Views
33
Current Estimated Value
$5,096,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,982
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Oct 26, 2004
Sold by
Faun Peter
Bought by
Faun Peter and Peter Faun Revocable Living Trust

Purchase Details

Closed on
Dec 1, 1997
Sold by
Scheid Karen K and Scheid Dean E
Bought by
Faun Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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 -- Tge
Interfamily Deed Transfer -- --
Deed $1,680,000 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $850,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $4,900,000 +1.0% $1,678 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $4,850,000 -7.6% $1,661 / Sq Ft
02/04/2024 02/04/24 Price Changed $5,250,000 -8.7% $1,798 / Sq Ft
11/11/2023 11/11/23 For Sale $5,750,000 0.0% $1,969 / Sq Ft
01/13/2014 01/13/14 Rented $7,250 0.0% --
01/13/2014 01/13/14 For Rent $7,250 -- --
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 $39,472 $4,686,000 $3,477,600 $1,208,400
2024 $39,472 $4,111,600 $3,114,800 $996,800
2023 $30,134 $3,733,200 $3,006,600 $726,600
2022 $30,134 $3,441,300 $2,705,900 $735,400
2021 $28,616 $3,296,800 $2,480,400 $816,400
2020 $31,788 $3,598,900 $2,668,400 $930,500
2019 $33,521 $3,763,900 $2,818,700 $945,200
2018 $30,572 $3,896,900 $2,790,500 $1,106,400
2017 $27,474 $3,552,700 $2,818,700 $734,000
2016 $21,263 $3,543,900 $2,818,700 $725,200
2015 $21,121 $3,520,200 $2,896,400 $623,800
2014 $8,748 $3,070,500 $1,973,100 $1,097,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202324956

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-9-027-009-0000