$2,800,000
SOLD JAN 21, 2022

188 N Kalaheo Ave Kailua, HI 96734

2 Beds
1.5 Baths
1,082 Sq Ft
0.41 Acres

Recently Sold

$2,588 Per Sq Ft

5 Days on Market

Highlights

  • 17,819 Sq Ft lot
  • Wood Flooring
  • Bathroom on Main Level
  • Kailua Intermediate School Rated A-
  • Garden View
  • 1-Story Property

About This Home

As of January 2022

Aloha and welcome to this rare opportunity to own a huge piece of land with a 2br /1.5 ba dwelling in highly sought-after Kailua. Nestled just a block away from first class Kalama Beach Park, where you can kayak, wind surf, snorkel, kite surf, swim & paddle board. The serene property boasts spectacular Koolau Mountain views. Surrounded by a traditional Hawaiian Rockwall, the house is located in the back encircled by lush greenery in a very tranquil setting. The dwelling offers an expansive layout, high-end tile and hardwood flooring, a huge walk-in closet, a jetted tub and complete privacy! Enjoy rural Hawaii living, expand the current house or build completely new-the possibilities are endless. This one will surely not last long.

Last Agent to Sell the Property

Tracey Stott Kelley

Stott Real Estate, Inc. License #RB-16120 Listed on: 12/17/2021

Last Buyer's Agent

Jo Frasier

Corcoran Pacific Properties License #RB-14281

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,248

Year Built

  • Built in 1934

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is in average condition

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Garden Views
  • Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Schools

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

Utilities

  • Window Unit Cooling System
  • Water Heater
  • Sewer Tap Fee

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,248

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Window Unit, Blinds, Book Shelves, Ceiling Fan, Drapes, Range/Oven, Refrigerator, Water Heater
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 1082
  • Fill Sq Ft Total: 1466
  • Stories Type: One
  • Year Built: 1934
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Storage, Wall/Fence
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Furnished: None

Exterior Features

  • Construction Type: Single Wall
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: None
  • Property Condition: Average
  • Topography: Gentle Slope, Level
  • View: Garden

Garage/Parking

  • Parking Features: 2 Car
  • Total Parking Spaces: 2

Utilities

  • Utilities: Overhead Electricity, Public Water, Sewer Fee, Water

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: 19248.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Apr 6, 2015
Sold by
First Hawaiian Bank
Bought by
Rainin Jennifer A
Seller's Agent
Patricia Choi
Drop - 2021
Buyer's Agent
Tracey Stott Kelley
Stott Real Estate, Inc.
List Price
$11,500,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,000,000
-8.7%

Purchase Details

Closed on
Aug 15, 2006
Sold by
First Hawaiian Bank
Bought by
Sutherland Richard Clay and Sutherland Cherry Anne Waterhouse

Purchase Details

Closed on
Jul 18, 2006
Sold by
First Hawaiian Bank
Bought by
Northern Trust Bank Of California Na
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 $10,500,000 Tg
Limited Warranty Deed -- Tg
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,086,806 New Conventional
Closed $800,000 New Conventional
Open $6,120,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 For Sale $4,200,000 +50.0% $2,865 / Sq Ft
01/21/2022 01/21/22 Sold $2,800,000 0.0% $2,588 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $2,800,000 -73.3% $2,588 / Sq Ft
04/13/2015 04/13/15 Sold $10,500,000 -8.7% $3,437 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $11,500,000 -- $3,764 / 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
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $35,017 $10,004,900 $9,458,300 $546,600
2020 $122,388 $12,227,400 $11,672,800 $554,600
2019 $110,694 $12,782,800 $12,273,100 $509,700
2018 $110,694 $12,799,300 $12,273,100 $526,200
2017 $72,807 $12,134,500 $11,672,800 $461,700
2016 $70,472 $11,745,300 $11,672,800 $72,500
2015 $56,377 $9,396,100 $8,948,500 $447,600
2014 -- $7,452,700 $6,749,800 $702,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202131884

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-015-031-0000