$1,527,000
SOLD SEP 9, 2025

438 Keolu Dr Kailua, HI 96734

3 Beds
2 Baths
2,237 Sq Ft
6,018 Sq Ft Lot

Recently Sold

$683 Per Sq Ft

13% Above List Price

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Building Patio
  • Card or Code Access
  • Ka'elepulu Elementary School Rated A-
  • Views
  • Laundry Room

About This Home

As of September 2025

Welcome to 438 Keolu Drive — a beautifully upgraded single level Kailua home located in the desirable Kaopa neighborhood! This spacious 3-bedroom, 2-bath, 2-car garage residence offers an ideal blend of comfort, style, and island living. Equipped with an additional bonus den/office/play room, laundry room, storage closets, multiple covered and uncovered lanais, you'll find space for all that life has to offer. Enjoy the bright and open floor plan with vaulted ceilings, large windows that fill the space with natural light, and a new aluminum metal roof. The modern kitchen features 2 entrances, granite countertops, custom cabinetry, and stainless steel appliances — perfect for entertaining and easy flow. Step outside to your private, fully fenced yard with lush tropical landscaping, a covered lanai, and tranquil mountain views — ideal for outdoor dining and relaxation. Conveniently located near top-rated schools, Enchanted Lake Shopping Center, Kailua Town, world-famous Kailua Beach, and the Pali for easy access back into town. Don’t miss this incredible opportunity to own a move-in-ready home in one of Oahu’s most sought-after communities!

Last Agent to Sell the Property

Ben Fieman

Compass Brokerage Phone: (808) 825-4277 License #RB-23470 Listed on: 07/30/2025

Compass

Last Buyer's Agent

Lynn Soldat

Coldwell Banker Realty License #RS-74656

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,722

Year Built

  • Built in 1977

Lot Details

  • 6,018 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Zoning described as 05 - R-5 Residential District

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,237 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Laundry Room
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-4-2-089-080-0000

Community Details

Amenities

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

Additional Features

  • Kaopa Subdivision
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,722

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Detached
  • Inclusions: Auto Garage Door Opener,Disposal,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer,Water Heater
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1977
  • Attribution Contact: (808) 825-4277
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: KAOPA
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 2237.0
  • New Construction: No
  • Roof: Metal, Other
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Masonry, Stucco, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Good Condition, Updated/Remodeled
  • Topography: Level
  • View: Other
  • View: Yes
  • Disclosures: Seller Disclosure, See Remarks
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Carport, Driveway, Garage, Two Car Garage, Two Spaces, Three or more Spaces, On Street
  • Total Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 1-4-2-089-080-0000
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 8721.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2025
Closed on
Sep 4, 2025
Sold by
Livin Jose Miguel S Bustamante Revocable and Nikki H Bustamante Revocable Living Trus
Bought by
Mullica Ashley Brooke and Mullica Scott Andrew
Seller's Agent
Ben Fieman
Compass
Buyer's Agent
Lynn Soldat
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,527,000
Premium/Discount to List
$177,000
13.11%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.31%
Original Mortgage
$352,000
Outstanding Balance
$352,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,204,270

Purchase Details

Closed on
Sep 12, 2020
Sold by
Bustamante Jose Miguel S and Bustamante Nikki H
Bought by
Bustamante Jose Miguel S and Bustamante Nikki H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,350
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 2015
Sold by
Bustamante Jose Miguel and Bustamante Nikki Harumi
Bought by
Livin Jose Miguel S Bustamante Revocable and Bustamante Nikki H

Purchase Details

Closed on
Aug 9, 2011
Sold by
Nakasone Herbert Yoshiharu and Nakasone Jean Haruko
Bought by
Bustamante Jose Miguel and Bustamante Nikki Harumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2011
Sold by
Nakasone Jean Haruko
Bought by
Nakasone Herbert Yoshiharu and Nakasone Jean Haruko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.62%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- Fam
Warranty Deed -- Fam
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Or
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Or
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Or
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $750,000 Fam
Interfamily Deed Transfer -- Fntic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Closed $352,000 New Conventional
Previous Owner $554,350 VA
Previous Owner $675,000 VA
Previous Owner $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $1,527,000 +13.1% $683 / Sq Ft
07/30/2025 07/30/25 For Sale $1,350,000 -- $603 / 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 $8,722 $1,360,000 $1,068,200 $291,800
2024 $8,722 $1,414,200 $1,068,200 $346,000
2023 $8,267 $1,573,000 $1,068,200 $504,800
2022 $8,267 $1,358,800 $966,400 $392,400
2021 $5,680 $1,112,400 $783,300 $329,100
2020 $4,861 $1,034,400 $773,200 $261,200
2019 $4,613 $1,010,800 $773,200 $237,600
2018 $4,542 $1,004,700 $727,400 $277,300
2017 $3,418 $976,500 $656,200 $320,300
2016 $2,724 $858,200 $620,600 $237,600
2015 $2,695 $850,000 $539,200 $310,800
2014 $2,295 $868,700 $498,500 $370,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202514572

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-089-080-0000