NOT LISTED FOR SALE

228 N Kainalu Dr Kailua, HI 96734

Estimated Value: $3,044,000 - $5,394,000

4 Beds
3 Baths
2,797 Sq Ft
$1,422/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $2,700,000 $965 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $22,236/month

9 Days on Market

Highlights

  • In Ground Pool
  • Landscaped
  • Property is in excellent condition
  • Kailua Intermediate School Rated A-
  • 2 Car Garage
  • Level Lot

About This Home

As of February 2021

Beautiful 2015 custom built home on 10,000 square foot lot located one block from Kalama Beach Park. Enter through two automatic gates to this private compound surrounded by moss rock walls. Enjoy indoor/outdoor living with 8 foot tall pocketing doors opening to an 850 sq ft covered lanai with deep roof overhangs. Outdoor living and dining areas look out to sparkling pool and putting green. Home features 10 ft ceilings, mahogany cabinetry, open shelving, quartz countertops, and polished concrete flooring throughout. The One bedroom/bath guest cottage with private entry is ideal for guests or working from home. Perfect for the buyer wanting turn key and move in ready.

Last Agent to Sell the Property

Adam Borseth

Apex Real Estate Services, LLC License #RB-22316 Listed on: 01/11/2021

Last Buyer's Agent

D Margarita Arteaga Landero

Drop - 2025 License #RS-83124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 2015

Lot Details

  • 10,000 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Property is in excellent condition
  • Zoning described as 00 - Residential

Parking

  • 2 Car Garage

Interior Spaces

  • 2,797 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool

Schools

  • Kailua Elementary And Middle School
  • Kalani High School

Community Details

  • Kalama/Cnut Grov Subdivision, Contemporary Floorplan

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-032-041-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,992

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Cottage, Detached
  • Inclusions: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2015
  • Road Frontage Type: None
  • MLS Status: Closed
  • Subdivision Name: KALAMA/CNUT GROV
  • Builder Model: Contemporary
  • Unit Levels: One
  • Living Area: 2797.0
  • Builder Model: Contemporary
  • New Construction: No
  • Roof: Other
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Flooring: Other
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall
  • Lot Features: Cleared, Other, Level
  • Pool Features: In Ground
  • Property Condition: Excellent
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Call Agent
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Two Car Garage, Two Spaces
  • Total Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Other

Schools

  • Elementary School: Kailua
  • High School: Kalani
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-3-032-041-0000
  • Zoning Description: 00 - Residential

Tax Info

  • Tax Annual Amount: 7992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 12, 2021
Sold by
Chiu Leif Fred and Chiu Joelle Kris
Bought by
Ines Rossier Martinez and Ines Marcy Ramirez
Seller's Agent
Adam Borseth
Apex Real Estate Services, LLC
Buyer's Agent
D Margarita Arteaga Landero
Drop - 2025
List Price
$2,650,000
Sold Price
$2,700,000
Premium/Discount to List
$50,000
1.89%
Current Estimated Value
$3,975,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,275,941
Avg. Annual Appreciation
10.15%
Original Mortgage
$500,000
Outstanding Balance
$448,857
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$3,766,584

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 29, 2017
Sold by
Yahya Ian and Yahya Sharon Elaine Radoc
Bought by
Chiu Leif Fred and Chiu Joelle Kris
Seller's Agent
Kristy Stephenson
Devcon Pacific Properties LLC
Buyer's Agent
Jordin Watson
Devcon Pacific Properties LLC
List Price
$2,395,000
Sold Price
$2,350,000
Premium/Discount to List
-$45,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$1,645,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 22, 2015
Sold by
Stephenson Kyle David and Stephenson Kristina Marie
Bought by
Yahya Ian and Yahya Sharon Elaine Radoc
Seller's Agent
Scott Carvill
Carvill Sotheby's Intl. Realty
Buyer's Agent
Cliff Colvin
Drop - 2017
List Price
$2,195,000
Sold Price
$2,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,756,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Ines Rossier Martinez $2,700,000 Or
Chiu Leif Fred $2,350,000 Or
Chiu Leif Fred $2,350,000 Or
Yahya Ian -- Tg
Yahya Ian -- Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ines Rossier Martinez $500,000
Previous Owner Chiu Leif Fred $1,645,000
Previous Owner Yahya Ian $1,756,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $2,700,000 +1.9% $965 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $2,650,000 +12.8% $947 / Sq Ft
08/11/2017 08/11/17 Sold $2,350,000 -1.9% $864 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $2,395,000 +9.1% $881 / Sq Ft
06/25/2015 06/25/15 Sold $2,195,000 0.0% $807 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $2,195,000 -- $807 / 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 $13,876 $4,405,100 $1,700,000 $2,705,100
2024 $13,876 $4,084,600 $1,700,000 $2,384,600
2023 $12,980 $3,908,600 $1,700,000 $2,208,600
2022 $24,467 $2,901,600 $1,700,000 $1,201,600
2021 $7,275 $2,178,600 $1,280,000 $898,600
2020 $8,043 $2,398,100 $1,210,000 $1,188,100
2019 $18,669 $2,374,700 $1,230,000 $1,144,700
2018 $18,669 $2,574,300 $1,320,000 $1,254,300
2017 $7,335 $2,175,700 $1,230,000 $945,700
2016 $6,158 $1,839,400 $1,040,000 $799,400
2015 $3,576 $1,101,600 $880,000 $221,600
2014 -- $998,200 $840,000 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202100613

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-027-064-0000