NOT LISTED FOR SALE

408 N Kainalu Dr Kailua, HI 96734

Estimated Value: $2,549,000 - $3,040,000

8 Beds
6 Baths
4,072 Sq Ft
$688/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $1,850,000 $454 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $17,068/month

114 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Building Patio
  • Card or Code Access
  • Kainalu Elementary School Rated A-
  • Views
  • 4-minute walk to Kalama Beach Park

About This Home

As of August 2020

"PRICE REDUCED" Great Multigenerational Home, Just two short blocks from Kailua Beach and in a corner lot. The Main part of the House features 4 bedrooms, 3 bathrooms & Spacious Pavilion, One Detached ADU of 2 bedrooms, 1 bath. Also, on 2nd floor of the house above the carport, is an extra living quarter of 2 bedrooms 1 bath, and One attached Spacious studio space. All living spaces has separate entrances and courtyards. Among some of the features of the property you will also find a Perimeter Block fence, Tropical landscape, PV panels & solar water heather, 9 ft. ceilings, newer roof, a large storage & workshop, 2 carports & plenty of parking, and many other updates and improvements. Enjoy Kailua living at best & get rental Income too. Schedule your private tour today.

Last Agent to Sell the Property

Richard Pachon

Oahu International Realty License #RB-20774 Listed on: 03/12/2020

Last Buyer's Agent

Erik Taniguchi

Keller Williams Honolulu License #RB-20223

Keller Williams Honolulu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1948

Lot Details

  • 10,000 Sq Ft Lot
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Level Lot
  • Zoning described as 03 - R10 - Residential District

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,072 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Kainalu Elementary School
  • Kailua Middle School
  • Kalaheo High School

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-025-013-0000

Community Details

Amenities

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

Additional Features

  • Kalama Tract Subdivision
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,436

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Architectural Style: Detached, Multi-Family
  • Inclusions: AC Split,AC Window Unit,Blinds,Cable TV,Ceiling Fan,Convection Oven,Dishwasher,Disposal,Drapes,Dryer,Gas Grill,Microwave Hood,Microwave,Photovoltaic - Owned,Range/Oven,Refrigerator,Satellite Dish,Smoke Detector,Solar Heater,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1948
  • CommunityFeatures: Deck/Porch, Other, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Other
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: KALAMA TRACT
  • Carport Y N: Yes
  • Unit Levels: Two
  • Living Area: 4072.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Furnished: Negotiable
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Concrete, Single Wall, Wood Frame
  • Lot Features: Cleared, Corner Lot, Level
  • Pool Features: None
  • Property Condition: Good Condition, Updated/Remodeled
  • Topography: Level
  • View: Mountain(s), Other
  • View: Yes
  • Disclosures: Call Agent, Owner Is Listing Agent, Principal is Real Estate Licensed, Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab
  • Other Structures: Workshop

Garage/Parking

  • Parking Features: Carport, Driveway, Three or more Spaces, On Street
  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Cable Available, High Speed Internet Available, Other, Phone Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-025-013-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 5436.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Essenberg Patrick Owen
Bought by
Kailua Coastal Trust
Current Estimated Value
$2,799,557

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 29, 2020
Sold by
Pachon Richard Fabian and Martinez Maria Veronica
Bought by
Essenberg Patrick Owen
Seller's Agent
Richard Pachon
Oahu International Realty
Buyer's Agent
Erik Taniguchi
Keller Williams Honolulu
List Price
$2,185,000
Sold Price
$1,850,000
Premium/Discount to List
-$335,000
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,786,498
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2013
Sold by
Mon Darren Keoki and Mon Tyran Ashley
Bought by
Pachon Richard Fabian and Martinez Maria Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2010
Sold by
Mon Darren Keoki
Bought by
Mon Darren Keoki and Mon Tyran Ashley

Purchase Details

Closed on
Aug 16, 2007
Sold by
Mon Melvyn
Bought by
Mon Melvyn and Melvyn Mon Declaration Of Revocable Tr
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
Kailua Coastal Trust -- None Listed On Document
Essenberg Patrick Owen $1,850,000 Tg
Essenberg Patrick Owen $1,850,000 Tg
Pachon Richard Fabian $950,000 Tg
Pachon Richard Fabian $950,000 Tg
Mon Darren Keoki -- None Available
Mon Melvyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Essenberg Patrick Owen $1,786,498
Previous Owner Pachon Richard Fabian $875,000
Previous Owner Pachon Richard Fabian $712,500
Previous Owner Pachon Richard Fabian $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $1,850,000 -15.3% $454 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $2,185,000 -- $537 / 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 $21,765 $2,378,900 $1,700,000 $678,900
2024 $21,765 $2,558,300 $1,700,000 $858,300
2023 $7,562 $2,360,600 $1,700,000 $660,600
2022 $7,202 $2,157,700 $1,700,000 $457,700
2021 $14,878 $1,988,400 $1,280,000 $708,400
2020 $5,438 $1,653,600 $1,210,000 $443,600
2019 $5,816 $1,690,700 $1,230,000 $460,700
2018 $5,816 $1,741,800 $1,320,000 $421,800
2017 $5,215 $1,569,900 $1,230,000 $339,900
2016 $4,453 $1,352,300 $1,040,000 $312,300
2015 $3,655 $1,124,200 $880,000 $244,200
2014 $3,791 $1,288,900 $840,000 $448,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202005183

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-025-013-0000