NOT LISTED FOR SALE

501 Kailua Rd Unit 1206 Kailua, HI 96734

Estimated Value: $1,082,727 - $1,149,000

2 Beds
2 Baths
1,270 Sq Ft
$575/mo HOA Fee

Last Sold January 25, 2019

Last sale price $850,000 $669 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,834/month

28 Days on Market

Highlights

  • Garden View
  • Security Guard
  • Bathroom on Main Level
  • Kailua Intermediate School Rated A-
  • Card or Code Access
  • Closed Circuit Camera

About This Home

As of January 2019

LOCATION, LOCATION, LOCATION! Built in 2014, Ka Malanai was the first condominium complex to be built in Kailua in 25 years. It is conveniently located close to all the amenities of Kailua Town, and a short distance to world famous Kailua Beach. This spacious 2-bedroom unit has been freshly painted. it boasts central air conditioning, a large functional kitchen with plenty of storage and an open airy floor plan. It is very well located within the complex as it looks out over the center of the first courtyard which has the most mature and lush landscaping. If you're looking for a home from which to enjoy the Kailua lifestyle that is convenient to EVERYTHING, then look no further. This is the place for you!

Last Agent to Sell the Property

Kathy Grindle

Coldwell Banker Realty License #RB-20779 Listed on: 11/28/2018

Coldwell Banker Realty

Last Buyer's Agent

Marcel Chan

Associated Real Estate Advisor License #RB-21127

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 2014

HOA Fees

  • $575 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Steel Frame

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Garden Views
  • Closed Circuit Camera

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Schools

  • Kailua Elementary And Middle School
  • Kalaheo High School

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-4-2-001-059-0013

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,412

Year Built

Built in 2014

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Architectural Style: Low Rise
  • Building Name: Ka Malanai At Kailua
  • Inclusions: AC Central,Blinds,Cable TV,Ceiling Fan,Convection Oven,Dishwasher,Disposal,Dryer,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2014
  • CommunityFeatures: Barbecue, Storage Facilities, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: KAILUA TOWN
  • Entry Level: 2
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 1270.0
  • New Construction: No
  • Tax Year: 2018
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Double Wall, Masonry, Steel Frame, Stucco
  • Property Condition: Excellent
  • View: Garden
  • View: Yes
  • Disclosures: Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 575.0

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Water

Schools

  • Elementary School: Kailua
  • High School: Kalaheo
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-2-001-059-0013
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 575.0

Tax Info

  • Tax Annual Amount: 2412.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jan 18, 2019
Sold by
Paik Jay Soungjeke and Paik Jean Heasoon
Bought by
Luke Tom Lowell H L and Luke Tom Lowell Hung
Seller's Agent
Kathy Grindle
Coldwell Banker Realty
Buyer's Agent
Marcel Chan
Associated Real Estate Advisor
List Price
$859,000
Sold Price
$850,000
Premium/Discount to List
-$9,000
-1.05%
Current Estimated Value
$1,117,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,682
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Jun 16, 2014
Sold by
D R Horton Schuler Homes Llc
Bought by
Paik Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Luke Tom Lowell H L $850,000 Fam
Paik Revocable Living Trust $776,535 Or
Paik Revocable Living Trust $776,535 Or
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $850,000 -1.0% $669 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $859,000 -- $676 / 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 $4,905 $1,132,100 $227,800 $904,300
2024 $4,905 $1,079,400 $212,300 $867,100
2023 $4,198 $1,017,400 $212,300 $805,100
2022 $3,284 $938,400 $212,300 $726,100
2021 $2,968 $847,900 $196,600 $651,300
2020 $3,036 $867,300 $186,300 $681,000
2019 $2,414 $847,300 $184,700 $662,600
2018 $2,414 $809,800 $130,400 $679,400
2017 $2,394 $803,900 $124,900 $679,000
2016 $6,045 $1,007,500 $125,500 $882,000
2015 $2,159 $616,900 $118,700 $498,200
2014 -- $115,700 $115,700 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathy Grindle

    Coldwell Banker Realty

    (808) 262-3104

    24 in this area

    34 Total Sales

    Kathy Grindle
    Section Image

  • M

    Buyer's Agent in 2019

    Marcel Chan

    Associated Real Estate Advisor

    (808) 445-9199

    6 Total Sales

    Marcel Chan
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201830247

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-001-059-0013

Hawaii Honolulu County Kailua 96734

501 Kailua Rd Unit 1206, Kailua, HI

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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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