NOT LISTED FOR SALE

36 Aalapapa Place Kailua, HI 96734

Estimated Value: $3,389,000 - $3,784,000

4 Beds
3 Baths
2,220 Sq Ft
$1,612/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $1,919,000 $864 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $20,950/month

140 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Building Patio
  • Kailua Intermediate School Rated A-
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of November 2016

This CHIC BEACH HOUSE, situated on a quiet HILLTOP near the ENTRANCE of Lanikai, offers SPECTACULAR 180°+ OCEAN views. It has HUGE lanais & MULTIPLE parking spots, perfect for entertainment. Recently remodeled with appliances, floors, California Closets, & many more extras. Exercise in your PRIVATE GYM or enjoy the outdoors & proximity to Lanikai Beach: hike, SUP, kayak, surf or play golf. The legal ohana has its own bedroom, kitchen, laundry, bath & very large lanai overlooking Kailua Bay. Feast on fresh mangoes, papayas, lilikoi and citrus from your own yard. COME FOR THE VIEW. STAY TO LIVE!

Last Agent to Sell the Property

Jason Lum

Realty Isle License #RB-17072 Listed on: 05/30/2016

Last Buyer's Agent

Kristy Stephenson

Devcon Pacific Properties LLC License #RB-22851

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,378

Year Built

  • Built in 1974

Lot Details

  • 6,641 Sq Ft Lot
  • Fenced
  • Property is in excellent condition
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean
  • Coastline

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,220 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 3 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Schools

  • Kaohao Elementary School
  • Kailua Middle School
  • Kalaheo High School

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-008-008-0000

Community Details

Overview

  • Lanikai Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,378

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multi-Family
  • Inclusions: Blinds,Book Shelves,Cable TV,Ceiling Fan,Dishwasher,Disposal,Drapes,Dryer,Microwave Hood,Microwave,Range/Oven,Refrigerator,Solar Heater,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1974
  • CommunityFeatures: Deck/Porch, Patio
  • Fencing: Fenced, Wall
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Three Or More
  • Living Area: 2220.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • RoomType: Guest Quarters
  • Tax Year: 2015
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Laminate, Other
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Construction Type: Double Wall, Hollow Tile, Masonry, Stucco, Wood Frame
  • Lot Features: Cleared, Corner Lot, Level
  • Pool Features: None
  • Property Condition: Excellent, Updated/Remodeled
  • Topography: Level,Sloping,Terraced
  • View: Coastline, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

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

Utilities

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Parcel Number: 1-4-3-008-008-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 8377.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2016
Closed on
Nov 4, 2016
Sold by
Gutierrez Heberto and Gutierrez Gloria Lilia
Bought by
Cosmann Dennis Paul
Seller's Agent
Jason Lum
Realty Isle
Buyer's Agent
Kristy Stephenson
Devcon Pacific Properties LLC
List Price
$2,095,000
Sold Price
$1,919,000
Premium/Discount to List
-$176,000
-8.4%
Current Estimated Value
$3,578,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,659,717
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,439,250
Outstanding Balance
$1,161,653
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$2,423,204

Purchase Details

Closed on
Jul 1, 2011
Sold by
Wheeler Robin Louise and Wheeler James Ernest
Bought by
Gutierrez Heberto and Gutierrez Gloria Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2010
Sold by
Wheeler Robin Louise and Wheeler James Ernest
Bought by
Wheeler James Ernest and Wheeler Robin Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2010
Sold by
Wheeler James Ernest and Wheeler Robin Louise
Bought by
Wheeler Robin Louise and Wheeler James Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Wheeler James Ernest and Wheeler Robin Louise
Bought by
Wheeler Robin Louise and Wheeler James Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1998
Sold by
Wheeler James Ernest and Wheeler Robin Louise
Bought by
Wheeler Robin Louise and Wheeler James Ernest
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
Cosmann Dennis Paul $1,919,000 Fidelity Natl Title & Escrow
Cosmann Dennis Paul $1,919,000 Fidelity Natl Title & Escrow
Gutierrez Heberto $1,695,000 Fntic
Wheeler James Ernest -- Title Source Inc
Wheeler Robin Louise -- Title Source Inc
Wheeler Robin Louise -- Title Source Inc
Wheeler James Ernest -- Title Source Inc
Wheeler Robin Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosmann Dennis Paul $1,439,250
Closed Cosmann Dennis Paul $1,439,250
Previous Owner Gutierrez Heberto $1,186,500
Previous Owner Wheeler James Ernest $513,000
Previous Owner Wheeler James Ernest $514,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $1,919,000 -8.4% $864 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $2,095,000 -- $944 / 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 $23,711 $2,652,000 $1,693,200 $958,800
2024 $23,711 $2,729,000 $1,693,200 $1,035,800
2023 $21,182 $2,700,200 $1,693,200 $1,007,000
2022 $21,182 $2,588,800 $1,601,700 $987,100
2021 $13,847 $1,890,200 $1,372,900 $517,300
2020 $12,218 $1,735,000 $1,327,100 $407,900
2019 $13,104 $1,819,400 $1,354,600 $464,800
2018 $11,122 $1,735,800 $1,318,000 $417,800
2017 $8,114 $1,401,600 $1,127,000 $274,600
2016 $8,106 $1,351,000 $1,074,600 $276,400
2015 $8,378 $1,396,300 $978,500 $417,800
2014 $4,694 $1,435,200 $1,100,800 $334,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201612829

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-008-008-0000