NOT LISTED FOR SALE

501 Kailua Rd Unit 1202 Kailua, HI 96734

Estimated Value: $1,150,058 - $1,237,000

3 Beds
2 Baths
1,433 Sq Ft
$650/mo HOA Fee

Last Sold June 28, 2018

Last sale price $917,500 $640 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,323/month

41 Days on Market

Highlights

  • Main Floor Bedroom
  • Building Patio
  • Security Guard
  • Kailua Intermediate School Rated A-
  • Views
  • Storage

About This Home

As of June 2018

This beautiful 3 Bdrm/2 Bth unit with large lanai has spectacular Ko'olau Mountain views. Home features plantation shutters throughout, decorator lights and ceiling fans, California Closet Systems, 8 and 10 ft ceilings and high efficiency central AC. Gorgeous kitchen has premium wood soft close cabinets, S/S appliances and lots of storage. Includes 2 parking stalls located close to elevator, guest parking area behind building and outdoor secured storage for bikes, boards and kayaks. Prime location of Bldg 1 allows for a quick walk to shopping, dining and the award winning Kailua Beaches.

Last Agent to Sell the Property

Jennifer Martin

Drop - 2019 License #RS-78418 Listed on: 04/18/2018

Last Buyer's Agent

Tom Arashiro

Drop - 2023 License #RB-06831

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 2014

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Steel Frame

Interior Spaces

  • 1,433 Sq Ft Home
  • 3-Story Property
  • Storage
  • Ceramic Tile Flooring
  • Property Views

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-4-2-001-059-0009

Community Details

Overview

  • Association fees include sewer, water
  • Ka Malanai At Kailua Condos
  • Kailua Town Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Trash Chute
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 2014

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Architectural Style: Low Rise
  • Building Name: Ka Malanai At Kailua
  • Inclusions: AC Central,Blinds,Cable TV,Ceiling Fan,Chandelier,Convection Oven,Dishwasher,Disposal,Dryer,Microwave Hood,Other,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2014
  • CommunityFeatures: Barbecue, Deck/Porch, Patio, Storage Facilities, Trash Chute
  • Road Frontage Type: Other
  • SecurityFeatures: Elevator Secured, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: KAILUA TOWN
  • Entry Level: 2
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level, Storage
  • Unit Levels: Three Or More, One
  • Living Area: 1433.0
  • New Construction: No
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Masonry, Concrete, Steel Frame, Stucco
  • Property Condition: Excellent
  • View: Mountain(s), Sunset
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Two Spaces
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 650.0

Fee Information

  • Association Fee Includes: None, Sewer, Water

Lot Info

  • Parcel Number: 1-4-2-001-059-0009
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 650.0

Tax Info

  • Tax Annual Amount: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 22, 2018
Sold by
Oribello Arnel Dulay and Oribello Shannon Alyce
Bought by
Spader Nicky Hamayasu and Spader Brandon Joseph
Seller's Agent
Jennifer Martin
Drop - 2019
Buyer's Agent
Tom Arashiro
Drop - 2023
List Price
$925,000
Sold Price
$917,500
Premium/Discount to List
-$7,500
-0.81%
Current Estimated Value
$1,185,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,765
Avg. Annual Appreciation
3.55%
Original Mortgage
$675,843
Outstanding Balance
$585,799
Interest Rate
4.6%
Estimated Equity
$599,466

Purchase Details

Listed on
Jul 19, 2015
Closed on
Oct 2, 2015
Sold by
D R Horton-Schuler Homes Llc
Bought by
Oribello Arnel Dulay and Oribello Shannon Alyce
Seller's Agent
Elizabeth Bartholomew-Saunders
Drop - 2024
Buyer's Agent
Todd Mills
D R Horton Hawaii, LLC
List Price
$853,885
Sold Price
$850,885
Premium/Discount to List
-$3,000
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$842,053
Interest Rate
3.78%
Source: Public Records

Range of Values:

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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
Spader Nicky Hamayasu -- Or
Spader Nicky Hamayasu -- Or
Oribello Arnel Dulay -- Or
Oribello Arnel Dulay -- Or
Oribello Arnel Dulay -- Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spader Nicky Hamayasu $675,843
Closed Spader Nicky Hamayasu $675,843
Previous Owner Oribello Arnel Dulay $842,053
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2018 06/28/18 Sold $917,500 -0.8% $640 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $925,000 +8.7% $645 / Sq Ft
10/08/2015 10/08/15 Sold $850,885 -0.4% $594 / Sq Ft View Prior Sale
09/08/2015 09/08/15 Pending -- -- --
07/19/2015 07/19/15 For Sale $853,885 -- $596 / 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 $5,632 $1,203,200 $253,600 $949,600
2024 $5,632 $1,143,200 $236,300 $906,900
2023 $5,248 $1,109,500 $236,300 $873,200
2022 $4,562 $1,005,900 $236,300 $769,600
2021 $3,273 $935,200 $218,900 $716,300
2020 $2,926 $936,000 $207,400 $728,600
2019 $0 $942,000 $205,600 $736,400
2018 $0 $909,900 $145,100 $764,800
2017 $0 $899,200 $139,100 $760,100
2016 $6,617 $1,102,800 $139,700 $963,100
2015 $2,431 $694,700 $132,200 $562,500
2014 -- $128,800 $128,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201809860

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-001-059-0009