NOT LISTED FOR SALE

28 Kaapuni Dr Kailua, HI 96734

Estimated Value: $6,606,000 - $8,981,250

5 Beds
6 Baths
6,828 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $15,000,000 $2,197 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $50,797/month

165 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Maid or Guest Quarters
  • Kailua Intermediate School Rated A-
  • 29,507 Sq Ft lot
  • Wood Flooring

About This Home

As of July 2018

KAILUA BEACHFRONT ESTATE - Privacy & Security in a custom home designed for ultimate luxury tropical living. 90 feet of beach frontage on world-famous KAILUA BEACH. Exceptional craftsmanship includes a Great Room with 25 ft ceiling; contemporary kitchen for grand or casual entertaining; separate 2-story Guest House + gated motor court for additional parking. Curved infinity pool and 20+ person jacuzzi is the centerpiece of the interior courtyard. Main House offers 2 Master Suites ( upper & lower levels) with spa baths; disappearing glass walls & deep lanais for seamless indoor/outdoor living with breathtaking ocean views. A masterpiece home designed by Peter Vincent, AIA and built by Sutton Construction - Ready to Move In and enjoy swimming, kayaking, & long beach walks every day!

Last Agent to Sell the Property

Patricia Choi

Drop - 2021 License #RB-11824 Listed on: 01/11/2018

Last Buyer's Agent

Scott Carvill

Carvill Sotheby's Intl. Realty License #RB-19499

Carvill Sotheby's Intl. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,001

Year Built

  • Built in 2011

Lot Details

  • 0.68 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Fenced
  • Landscaped
  • Level Lot
  • Property is in excellent condition
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean
  • Coastline

Home Design

  • Shake Roof
  • Wood Roof

Interior Spaces

  • 6,828 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 6 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Pool

  • In Ground Pool

Schools

  • Kailua Elementary And Middle School
  • Kalaheo High School

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-013-048-0000

Community Details

Overview

  • Kaapuni Street Association
  • Built by Peter Vincent Architects
  • Beachside Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch
  • Community Storage Space

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,001

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multiplex
  • Inclusions: AC Central,Auto Garage Door Opener,Blinds,Cable TV,Ceiling Fan,Chandelier,Dishwasher,Disposal,Dryer,Gas Grill,Lawn Sprinkler,Microwave,Photovoltaic - Owned,Range/Oven,Refrigerator,Smoke Detector,Solar Heater,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2011
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: BEACHSIDE
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 6828.0
  • New Construction: No
  • Roof: Shake, Wood
  • RoomType: Guest Quarters
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Marble, Other
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Masonry, Stucco
  • Lot Features: Other, Level
  • Pool Features: In Ground
  • Property Condition: Excellent
  • Topography: Level
  • View: Coastline, Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Builder Name: Peter Vincent Architects
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 5.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Natural Gas Available, High Speed Internet Available, Other, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Association/Amenities

  • General Property Information:Association Name: Kaapuni Street

Schools

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

Lot Info

  • Parcel Number: 1-4-3-013-048-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 76001.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2008
Sold by
Draime Scott Norman and Draime Rosa Maria
Bought by
Paskin Marc J and The Marc J Paskin 2003 Trust
Current Estimated Value
$8,086,083

Purchase Details

Closed on
Jul 18, 2003
Sold by
Paskin Marc J and The Marc J Paskin 2003 Trust
Bought by
28 Kaapuni Drive Llc

Purchase Details

Closed on
Jun 23, 1999
Sold by
Turquoise Enterprise Ltd
Bought by
Draime Scott Norman and Draime Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7%
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
Paskin Marc J $6,000,000 Tg
28 Kaapuni Drive Llc -- Tg
Draime Scott Norman $3,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draime Scott Norman $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $15,000,000 -5.6% $2,197 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $15,888,000 -- $2,327 / 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 $93,099 $8,400,600 $5,924,700 $2,475,900
2024 $93,099 $8,815,700 $5,924,700 $2,891,000
2023 $88,029 $8,371,000 $5,924,700 $2,446,300
2022 $75,208 $7,734,100 $5,513,600 $2,220,500
2021 $60,881 $6,369,600 $4,498,000 $1,871,600
2020 $66,526 $6,907,200 $4,963,900 $1,943,300
2019 $59,204 $7,328,300 $5,219,200 $2,109,100
2018 $59,204 $7,078,200 $5,219,200 $1,859,000
2017 $45,146 $7,524,300 $4,963,900 $2,560,400
2016 $38,824 $6,470,600 $4,963,900 $1,506,700
2015 $41,783 $6,963,800 $4,963,900 $1,999,900
2014 $14,445 $5,716,500 $3,744,200 $1,972,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201800660

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-013-048-0000