NOT LISTED FOR SALE

2990 Makalei Place Honolulu, HI 96815

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated Value: $3,788,173 - $5,302,000

6 Beds
4 Baths
3,500 Sq Ft
$1,294/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $3,300,000 $943 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $27,297/month

79 Days on Market

Highlights

  • Ocean View
  • Ceramic Tile Flooring
  • 3 Car Garage
  • Waikiki Elementary School Rated A-

About This Home

As of December 2015

Makalei Place is a prestigious street in a highly desired neighborhood of only 17 homes. This premier location under the base of Diamond Head offers privacy & ocean views. Listen to the waves from your large covered lanai or from your tropical and tranquil, landscaped backyard. Just a short walk to the beach, park, surf spots & all of the amenities of Waikiki. There are 6 bedrooms & 4 full baths in the main home & a lower level 1 bedroom & 1 full bath apartment. The spacious kitchen has a comfortable seating area & walk out patio. Square footage does not match with county records.

Last Agent to Sell the Property

Tara Meichtry

Oahu Land Company License #RB-19816 Listed on: 08/31/2015

Last Buyer's Agent

Stephen Cipres

Corcoran Pacific Properties License #RB-20034

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,757 Sq Ft Lot
  • Property fronts a county road
  • Zoning described as 03 - R10 - Residential District

Home Design

  • Wood Frame Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Ocean Views
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Schools

  • Waikiki Elementary School
  • Washington Middle School
  • Kaimuki High School

Utilities

  • Underground Utilities
  • Cesspool

Community Details

  • Diamond Head Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-3-1-035-016-0000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: AC Split,Auto Garage Door Opener,Blinds,Book Shelves,Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Lawn Sprinkler,Microwave,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1951
  • Road Frontage Type: County Road
  • Road Surface Type: Graded, Paved
  • MLS Status: Closed
  • Subdivision Name: DIAMOND HEAD
  • Unit Levels: Two
  • Living Area: 3500.0
  • New Construction: No
  • Roof: Other
  • Tax Year: 2015
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Furnished: Partially
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Good Condition
  • Topography: Level,Sloping
  • View: Mountain(s), Ocean
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 4.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Underground Utilities, Water Available
  • Sewer: Cesspool

Schools

  • Elementary School: Waikiki
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-3-1-035-016-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 118752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2015
Closed on
Dec 15, 2015
Sold by
Tema Eric P and Robert P Tema Revocable Trust
Bought by
Dmg Real Estate Llc
Seller's Agent
Tara Meichtry
Oahu Land Company
Buyer's Agent
Stephen Cipres
Corcoran Pacific Properties
List Price
$3,650,000
Sold Price
$3,300,000
Premium/Discount to List
-$350,000
-9.59%
Current Estimated Value
$4,528,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,293
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Apr 14, 2010
Sold by
Tema Robert P
Bought by
Tema Eric P and Robert P Tema Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dmg Real Estate Llc $3,300,000 Tg
Dmg Real Estate Llc $3,300,000 Tg
Tema Eric P -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $3,300,000 -9.6% $943 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $3,650,000 -- $1,043 / 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 $33,764 $3,751,100 $3,620,400 $130,700
2024 $33,764 $3,610,900 $3,499,700 $111,200
2023 $34,470 $3,672,800 $3,499,700 $173,100
2022 $32,621 $3,678,200 $3,314,700 $363,500
2021 $22,847 $2,747,300 $2,574,500 $172,800
2020 $26,377 $3,083,500 $2,735,400 $348,100
2019 $25,512 $3,001,100 $2,703,200 $297,900
2018 $22,933 $3,048,100 $2,807,800 $240,300
2017 $23,539 $3,115,400 $2,856,100 $259,300
2016 $9,608 $2,825,000 $2,717,500 $107,500
2015 $9,896 $2,907,300 $2,300,500 $606,800
2014 $7,887 $2,671,000 $1,914,500 $756,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tara Meichtry

    Oahu Land Company

    (808) 221-7907

    10 Total Sales

    Tara Meichtry
    Section Image

  • S

    Buyer's Agent in 2015

    Stephen Cipres

    Corcoran Pacific Properties

    (808) 589-2040

    6 in this area

    59 Total Sales

    Stephen Cipres
    Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201516434

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-1-035-016-0000

Hawaii Honolulu County Honolulu 96815 Diamond Head-Kapahula-Saint Louis

2990 Makalei Place, Honolulu, HI

This home is located at 2990 Makalei Place, Honolulu, HI 96815 since 31 August 2015 and is currently estimated at $4,528,293, approximately $1,293 per square foot. This property was built in 1951. 2990 Makalei Place is a home located in Honolulu County with nearby schools including Waikiki Elementary School, President George Washington Middle School, and Kaimuki High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

Nearby Homes