$1,325,000
SOLD OCT 10, 2024

47-133 Kamehameha Hwy Kaneohe, HI 96744

Kahalu'u Neighborhood
3 Beds
2 Baths
1,504 Sq Ft
5,790 Sq Ft Lot

Recently Sold

$881 Per Sq Ft

5% Below List Price

118 Days on Market

Highlights

  • Ocean Front
  • Building Patio
  • 2 Car Garage
  • Parking available for a boat
  • Bathroom on Main Level
  • Fenced

About This Home

As of October 2024

One-of-a-kind cottage with 3 BR's & 2 Baths directly on Kaneohe Bay with $1MM - 2.75% interest assumable VA loan for qualified VA buyer. Property has a sea wall with steps to the water. Fix up the existing home or plan for a remodel and 2nd floor. A special home for a special person who wants to be on the water and living the dream. Tucked around the corner from He'eia Pier, with unobstructed views of the Ko'olau Mountains and Mokoli'i Island minutes away from the Sand Bars from a open boat channel.
An Ocean Survey with a concrete foundation and fully paid, 25-year lease from state of Hawaii lease for existing seawall and concrete buildout, keeps the door open for potential modifications to this 1955 building. This property is connected to county sewer. and conveniences and has just had the lot next door built on for a lovely neighbor. For qualified Veterans, the 2.75% assumable loan makes this a truly unique combination.
Vacant an easy to show.

Last Agent to Sell the Property

Michael Hege

Beach Villa Realty LLC Brokerage Phone: (808) 664-0299 License #RB-21197 Listed on: 06/14/2024

Co-Listed By

Marina Yamamoto

Beach Villa Realty LLC Brokerage Phone: (808) 664-0299 License #RS-85659

Last Buyer's Agent

Amber Hind

Coldwell Banker Realty License #RB-24333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1955

Lot Details

  • 5,790 Sq Ft Lot
  • Ocean Front
  • Property fronts a highway
  • Fenced
  • Zoning described as 03 - R10 - Residential District

Parking

  • 2 Car Garage
  • Driveway
  • Parking available for a boat

Property Views

  • Ocean
  • Coastline

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

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

Utilities

  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 1-4-7-001-006-0000

Community Details

Overview

  • Heeia View Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Detached
  • Co List Office Mls Id: BVRL
  • Inclusions: AC Split,Drapes,Dryer,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1955
  • Attribution Contact: (808) 664-0299
  • CommunityFeatures: Deck/Porch, Patio
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: County Road, Highway
  • Co List Office Phone: (808) 664-0299
  • MLS Status: Closed
  • Subdivision Name: HEEIA VIEW
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 1504.0
  • New Construction: No
  • Roof: Metal
  • Tax Year: 2023
  • Special Features: None
  • Year Renovated: 1965

Interior Features

  • Flooring: Laminate
  • Furnished: Partially
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Construction Type: Brick, Hollow Tile, Concrete, Single Wall
  • Lot Features: Irregular Lot, Other
  • Pool Features: None
  • Property Condition: Average Condition
  • Topography: Sloping
  • View: Coastline, Mountain(s), Ocean
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure, See Remarks
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Boat, Driveway, Two Car Garage, Two Spaces
  • Total Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-4-7-001-006-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 4020.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Oct 4, 2024
Sold by
Cornett Martin Wade and Cornett Annette Pauline
Bought by
Frank Carmello Trust and Shapiro
Seller's Agent
Michael Hege
Beach Villa Realty LLC
Buyer's Agent
Amber Hind
Coldwell Banker Realty
List Price
$1,399,000
Sold Price
$1,325,000
Premium/Discount to List
-$74,000
-5.29%
Total Days on Market
118
Views
19
Current Estimated Value
$1,277,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,722
Avg. Annual Appreciation
-1.90%
Original Mortgage
$1,192,500
Outstanding Balance
$1,183,455
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$121,140

Purchase Details

Listed on
Jul 7, 2020
Closed on
May 7, 2021
Sold by
Mau Lynnette and Lynnette Mau Revocable Living
Bought by
Cornett Martin Wade and Cornett Annette Pauline
Seller's Agent
Greg Andrasick
Forward Realty
Buyer's Agent
Michael Hege
Beach Villa Realty LLC
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,139,600
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 25, 2018
Sold by
Spicer Bryan
Bought by
Mau Lynnette and Lynnette Mau Revocable Living
Seller's Agent
Jacqueline Collins Buck
Coldwell Banker Realty
Buyer's Agent
Greg Andrasick
Forward Realty
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.68%
Original Mortgage
$912,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2017
Closed on
Feb 5, 2018
Sold by
Akima Wallace and Akima Jamelynne Kalakeke Uilani
Bought by
Spicer Bryan
Seller's Agent
Maggie Joy
Drop - 2022
Buyer's Agent
Jacqueline Collins Buck
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.26%
Original Mortgage
$750,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 5, 2017
Sold by
Akima Gary
Bought by
Akima Jamelynne Kalakeke Uilani and Akima Jyen Mikalemi Kahoopomaikai Ka

Purchase Details

Closed on
Feb 6, 2003
Sold by
Kailio Emelia Lam Ho and Akima Gary
Bought by
Akima Wallace and Akima Gary

Purchase Details

Closed on
Jun 17, 1996
Sold by
Akima Padeken Gladys Katherine
Bought by
Akima Padeken Gladys Katherine
Source: Public Records

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Range of Values:

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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 -- Old Republic Title
Warranty Deed $1,100,000 Tg
Warranty Deed $1,225,000 Tg
Warranty Deed $1,000,000 Tg
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,192,500 New Conventional
Previous Owner $1,139,600 VA
Previous Owner $912,000 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $1,325,000 -5.3% $881 / Sq Ft
06/14/2024 06/14/24 For Sale $1,399,000 +27.2% $930 / Sq Ft
05/12/2021 05/12/21 Sold $1,100,000 0.0% $731 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,100,000 -10.2% $731 / Sq Ft
06/29/2018 06/29/18 Sold $1,225,000 -2.0% $814 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $1,250,000 +25.0% $831 / Sq Ft
02/08/2018 02/08/18 Sold $1,000,000 -16.7% $665 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $1,200,000 -- $798 / 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 $3,658 $1,092,300 $644,500 $447,800
2024 $3,658 $1,165,000 $812,600 $352,400
2023 $7,179 $1,216,400 $1,066,600 $149,800
2022 $7,179 $1,255,100 $987,500 $267,600
2021 $2,879 $962,700 $935,600 $27,100
2020 $3,130 $1,034,200 $935,600 $98,600
2019 $2,259 $1,004,300 $727,700 $276,600
2018 $2,259 $645,400 $438,300 $207,100
2017 $1,907 $624,800 $438,300 $186,500
2016 $1,714 $569,700 $421,500 $148,200
2015 $1,761 $583,200 $404,600 $178,600
2014 -- $552,800 $404,600 $148,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202414365

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-7-001-006-0000