$240,000 - $3,088,000
RENTED FEB 10, 2025

48-499 Kamehameha Hwy Kaneohe, HI 96744

Kahalu'u Neighborhood
1 Bed
1 Bath
1,077 Sq Ft
$2,054 Price per Sq Ft

Last Sold August 06, 2021

Last sale price $2,775,000 $2,577 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $14,390/month

Highlights

  • Ocean Front
  • Card or Code Access
  • Ceiling Fan
  • 44,601 Sq Ft lot

About This Home

As of February 2025

Serene oceanfront living in peaceful Waikane! Partially furnished cottage with a loft bedroom. Set on an acre lot with lush grass on picturesque Kaneohe Bay. Enjoy relaxing on your completely refurbished lanai. This is a very special property! Tenant pays $100/month toward electric bill. Water & Sewer included in rent. Tenant pays Hawaii GET.

Last Agent to Rent the Property

Doug Davis

Caron B Realty Brokerage Phone: (808) 593-9826 License #RB-14122 Listed on: 11/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,619

Year Built

  • Built in 1987

Lot Details

  • 1.02 Acre Lot
  • Ocean Front
  • Zoning described as 56 - Country District

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 1,077 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Schools

  • Waiahole Elementary School
  • King Middle School
  • Castle High School

Community Details

  • Waikane Subdivision
  • Card or Code Access

Listing and Financial Details

  • Security Deposit $3,900
  • Property Available on 1/1/25
  • Tenant pays for tax
  • Rent includes parking
  • 12 Month Lease Term
  • Assessor Parcel Number 1-4-8-003-049-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,619

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-01-01

Listing Details

  • Architectural Style: Cottage
  • Prop. Type: Residential Lease
  • Year Built: 1987
  • Attribution Contact: (808) 593-9826
  • Road Frontage Type: Oceanfront, Waterfront
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • SecurityFeatures: Key Card Entry
  • Pets Allowed: No
  • MLS Status: Closed
  • Subdivision Name: WAIKANE
  • Interior Features: Ceiling Fan(s), Other
  • Unit Levels: Two
  • Living Area: 1077.0
  • Security Deposit: 3900.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Lot Features: Private, Yard
  • Property Condition: Average Condition
  • View: Coastline, Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Two Spaces, Unassigned, Parking Available
  • Total Parking Spaces: 2.0
  • Open Parking: Yes

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • HOA Rent Includes: Parking

Schools

  • Elementary School: Waiahole
  • High School: Castle
  • Middle Or Junior School: King

Lot Info

  • Parcel Number: 1-4-8-003-049-0000
  • Zoning Description: 56 - Country District

Multi Family

  • Tenant Pays: Other Tax

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 29, 2021
Sold by
Weeks Dian M and Diane M Weeks Revocable Trust
Bought by
Kam On The Bay Llc
Seller's Agent
Gail Kosiorek
Fidelity Properties
Buyer's Agent
Caron Davis
Caron B Realty
List Price
$2,775,000
Sold Price
$2,775,000
Current Estimated Value
$2,460,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$314,667
Avg. Annual Appreciation
-3.92%

Purchase Details

Closed on
Aug 7, 2003
Sold by
Weeks Dian M
Bought by
Weeks Dian M and Dian M Weeks Revocable Trust Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 1999
Sold by
Weeks Dian M
Bought by
Weeks Dian M and Dian M Weeks Revocable Trust

Purchase Details

Closed on
Mar 26, 1999
Sold by
Stock Andrew Allen
Bought by
Weeks Dian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.1%
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
Kam On The Bay Llc $2,775,000 Or
Kam On The Bay Llc $2,775,000 Or
Weeks Dian M -- Fidelity National Title Ins
Weeks Dian M -- Fidelity National Title Ins
Weeks Dian M -- --
Weeks Dian M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weeks Dian M $337,700
Previous Owner Weeks Dian M $300,000
Previous Owner Weeks Dian M $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Rented $3,900 0.0% --
01/07/2025 01/07/25 Price Changed $3,900 -13.3% $4 / Sq Ft
11/01/2024 11/01/24 For Rent $4,500 +28.6% --
05/09/2022 05/09/22 Off Market $3,500 -- --
05/06/2022 05/06/22 Rented $3,500 0.0% --
04/20/2022 04/20/22 For Rent $3,500 0.0% --
08/06/2021 08/06/21 Sold $2,775,000 0.0% $2,046 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $2,775,000 -- $2,046 / 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 $9,619 $2,584,600 $1,530,500 $1,054,100
2024 $9,619 $2,748,300 $1,721,800 $1,026,500
2023 $9,955 $2,844,400 $1,913,100 $931,300
2022 $8,039 $2,296,900 $1,434,900 $862,000
2021 $7,274 $2,078,300 $1,434,900 $643,400
2020 $6,902 $1,972,000 $1,434,900 $537,100
2019 $6,238 $1,989,700 $1,147,900 $841,800
2018 $6,238 $1,782,400 $899,200 $883,200
2017 $5,427 $1,550,600 $899,200 $651,400
2016 $4,866 $1,390,200 $822,700 $567,500
2015 $4,321 $1,234,700 $784,400 $450,300
2014 -- $1,203,100 $784,400 $418,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2025

    Doug Davis

    Caron B Realty

    (808) 593-9826

    2 in this area

    20 Total Sales

    Section Image

  • G

    Seller's Agent in 2022

    Gail Kosiorek

    Fidelity Properties

    (808) 389-3723

    3 in this area

    35 Total Sales

    Section Image
  • Caron Davis

    Buyer's Agent in 2021

    Caron Davis

    Caron B Realty

    (808) 593-9826

    3 in this area

    82 Total Sales

    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202425890

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-8-003-049-0000

Hawaii Honolulu County Kaneohe 96744 Kahaluʻu

48-499 Kamehameha Hwy, Kaneohe, HI

This home is located at 48-499 Kamehameha Hwy, Kaneohe, HI 96744 since 01 November 2024 and is currently priced at $2,211,776. This property was built in 1987. 48-499 Kamehameha Hwy is a home located in Honolulu County with nearby schools including Waiahole Elementary School, Governor Samuel Wilder King Intermediate School, and Castle 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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