NOT LISTED FOR SALE

41-985 Laumilo St Unit Studio Waimanalo, HI 96795

Estimated Value: $4,029,000 - $6,555,000

5 Beds
1 Bath
400 Sq Ft
$13,706/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Lanai
  • 1-Story Property
  • Garden View
  • Cottage
  • 4-minute walk to Waimanalo Bay Beach Park

About This Home

As of January 2023

The Laumilo Studio is located in a lovely boutique community, nestled between the Koolau Mountain Range and the Pacific Ocean in the heart of Waimanalo. The property is oceanfront and the studio just Steps from the gorgeous Waimanalo beach, boasting 5 miles of white sands and tropical water to explore. Artsy and eclectic shopping and dining is a short stroll away. Bellows Air Force Station is 2.5 miles.

The clean and spacious 500 square foot studio, is located within the private gated compound, with the owners living on site. This large space has a full kitchen, washer and dryer, off-street parking for one vehicle, and a private back patio.

Drive by the property, but please do not attempt to enter the compound. Security cameras and alarm system are in place.

Last Agent to Rent the Property

Tricia Gerum

Pacific Sands Property & Dev License #RB-22463 Listed on: 01/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,039

Year Built

  • Built in 1987 | Remodeled in 1997

Lot Details

  • 0.33 Acre Lot
  • Ocean Front
  • Property is in very good condition

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • 400 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Laminate Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Microwave

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Lanai

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,039

Year Built

Built in 1987 | Remodeled in 1997

Lot Details

0

Listing Details

  • Architectural Style: Studio Cottage
  • PropertyFrontage: Ocean
  • Prop. Type: Rental
  • Sq Ft RoofedLiving: 400
  • Fill Sq Ft Total: 600
  • Stories Type: One
  • Year Built: 1987
  • Year Renovated: 1997
  • Attribution Contact: (808) 265-7106
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Flooring: Laminate
  • Furnished: Partial
  • Unit Features: Ceiling Fan, Dryer, Lanai, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Yard

Exterior Features

  • Flood Zone: Zone AE
  • Property Condition: Above Average
  • View: Garden

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

  • Utilities: Electricity, Hot Water, Parking, Sewer, Trash, Water, Yard Service

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Dec 5, 2022
Sold by
Lux Laumilo
Bought by
Hook Family Trust
Seller's Agent
Tricia Gerum
Pacific Sands Property & Dev
Sold Price
$2,200
Current Estimated Value
$5,176,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,173,951
Original Mortgage
$3,000,000
Outstanding Balance
$2,907,047
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$2,108,582

Purchase Details

Closed on
Jan 26, 2005
Sold by
Gouveia Helyn B
Bought by
Laumilo Llc

Purchase Details

Closed on
Jan 26, 1995
Sold by
Gouveia Helyn Betty
Bought by
Gouveia Helyn B and Helyn B Gouveia 1995 Qualified Personal
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hook Family Trust -- First American Title
Laumilo Llc $1,022,000 --
Gouveia Helyn B -- --
Gouveia Helyn Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hook Family Trust $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Rented $2,200 0.0% --
01/10/2023 01/10/23 For Rent $2,200 -- --
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 $46,039 $4,594,800 $4,243,800 $351,000
2024 $46,039 $4,687,600 $3,880,000 $807,600
2023 $44,097 $4,517,300 $3,880,000 $637,300
2022 $35,117 $3,915,900 $3,637,500 $278,400
2021 $30,933 $3,517,400 $2,764,500 $752,900
2020 $33,999 $3,809,400 $3,007,000 $802,400
2019 $35,757 $3,976,900 $3,152,500 $824,400
2018 $26,793 $3,477,000 $2,303,800 $1,173,200
2017 $23,807 $3,145,200 $2,303,800 $841,400
2016 $21,462 $3,577,000 $2,425,000 $1,152,000
2015 $18,912 $3,152,000 $2,061,300 $1,090,700
2014 -- $3,186,400 $1,770,000 $1,416,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2023

    Tricia Gerum

    Pacific Sands Property & Dev

    (808) 265-7106

    1 in this area

    1 Total Sale

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202300529

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-1-007-069-0000

Hawaii Honolulu County Waimanalo 96795

41-985 Laumilo St Unit Studio, Waimanalo, HI

This home is located at 41-985 Laumilo St Unit Studio, Waimanalo, HI 96795 since 10 January 2023 and is currently priced at $5,482,562. This property was built in 1987. 41-985 Laumilo St Unit Studio is a home located in Honolulu County with nearby schools including Waimanalo Elementary/Intermediate School and Kailua 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.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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