NOT LISTED FOR SALE

28-509 Kulaimano Rd Pepeekeo, HI 96783

Estimated Value: $951,973 - $1,376,000

3 Beds
3 Baths
1,820 Sq Ft
$683/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $688,000 $378 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,864/month

219 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Skylights
  • Vaulted Ceiling
  • Double Oven
  • 2 Car Attached Garage

About This Home

As of May 2015

A wonderful opportunity to own this exclusive ocean and pasture view home located on one of the most desirable areas of Hawaii Island. A well constructed two story home with great architectural features including custom-designed skylights, high ceilings, and an inviting wrap-around lanai.

The home provides three beautiful bedrooms upstairs, and two of them open up to the lanai. Downstairs there is a studio unit with its own bath, lanai, and separate entrance. The kitchen is a cook's dream with a large central granite island, two sinks, and top of the line appliances. There is dining indoor and out.

With approximately 1,822 sq ft of living area, and an additional 1,509 sq ft of extra space, this home offers much leeway for family activities and gathering. Clean bamboo-floors throughout the upstairs are cool and smooth beneath the feet. Traertine tile and glass blocks in both master and guest bathroom upstairs make the shower rooms light yet private. A cushioned bay window can be used as a daybed or an extra resting bed.

The underground 14,000 gallon catchment tank rests peacefully next to the home and does not block the sweeping ocean and green pasture views. The airflow on the property is unbelievably crisp and cool. The one acre lot can be easily maintained, while allowing the owner great privacy. A paved driveway leads directly to a covered area with parking for two. A laundry room by the parking area has both a washer and dryer. There is also a ready-built storage shed to store tools and supplies.

Come home to a place that creates a relaxing mood amid privacy and elegance.

Last Agent to Sell the Property

Lidia Maylath

Real Broker LLC Brokerage Phone: 8088963554 License #RS-74872 Listed on: 09/15/2014

Last Buyer's Agent

Kona Moran

Hilo Brokers Ltd License #RB-22314

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,847

Year Built

  • Built in 2005

Lot Details

  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Property is zoned A-1A

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Pasture

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Wood Flooring
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • No Heating
  • Cistern
  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kulaimano Homesteads Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3-B
  • Assessor Parcel Number 3280050360000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,847

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • ResoLotFeatures: Cleared
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8088963554
  • Co List Office Phone: 8089616015
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KULAIMANO HOMESTEADS
  • Reso Interior Features: High Ceilings, Skylights, Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 1820.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2005
  • Tax Year: 2014
  • HIS_PoolYN: No
  • Unit Description: Multi-Story
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-No Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL, Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Hardwood
  • Stories: 2
  • Total Bathrooms: 3
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: Bay, HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon, Pasture
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3280050360000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4847.0
  • Tax Lot: 3-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Sung Shihwu and Shihwu And Weiwen Sung Living
Bought by
Sung Shihwu and Survivors Trust
Current Estimated Value
$1,242,243

Purchase Details

Closed on
Jul 22, 2015
Sold by
Sung Shihwu and Sung Weiwen
Bought by
Shihwu & Weiwen Sung Living Trust

Purchase Details

Listed on
Sep 15, 2014
Closed on
May 20, 2015
Sold by
Martisko Lester Leon and Martisko Cynthia Marie
Bought by
Sung Shihwu and Sung Weiwen
Seller's Agent
Lidia Maylath
Real Broker LLC
Buyer's Agent
Kona Moran
Hilo Brokers Ltd
List Price
$788,000
Sold Price
$688,000
Premium/Discount to List
-$100,000
-12.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$516,000
Outstanding Balance
$399,084
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$869,313

Purchase Details

Closed on
May 27, 2006
Sold by
Collins Mark Steven and Collins Denyse Sandra
Bought by
Martisko Lester Leon and Martisko Cynthia Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,300
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Sung Shihwu -- None Available
Shihwu & Weiwen Sung Living Trust -- None Available
Sung Shihwu $688,000 Tg
Martisko Lester Leon $715,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sung Shihwu $516,000
Previous Owner Martisko Lester Leon $185,440
Previous Owner Martisko Lester Leon $205,300
Previous Owner Collins Mark $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $688,000 -12.7% $378 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $788,000 -- $433 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $2,939 $699,400 $157,100 $542,300
2024 $2,939 $679,000 $157,100 $521,900
2023 $2,916 $659,200 $157,100 $502,100
2022 $2,952 $640,000 $157,100 $482,900
2021 $2,838 $621,400 $157,100 $464,300
2020 $2,726 $603,300 $157,100 $446,200
2019 $2,864 $585,700 $157,100 $428,600
2018 $2,451 $568,600 $157,100 $411,500
2017 $2,349 $552,000 $155,000 $397,000
2016 $3,357 $665,900 $285,000 $380,900
2015 -- $521,500 $174,100 $347,400
2014 -- $524,000 $176,800 $347,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 276642

Hawaii Information Service (MLS Hawaii)

APN: 3-2-8-005-036-0000