NOT LISTED FOR SALE

5119 Palaole Place Honolulu, HI 96821

Kuliouou-Kalani Iki Neighborhood

Estimated Value: $1,976,000 - $2,854,000

5 Beds
4 Baths
2,283 Sq Ft
$1,046/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $2,650,000 $1,161 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $13,493/month

271 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Ceramic Tile Flooring
  • Aina Haina Elementary School Rated A-
  • Patio
  • 1-minute walk to Nehu Mini Park

About This Home

As of May 2024

Breathtaking & unobstructed panoramic Koko Head, ocean and Diamond Head views await you from this immaculately maintained 5 bdrm/4 bath home in the highly desirable Waialae Iki neighborhood. Situated on a 13,174 sq. ft. RIM LOT with 2,283 sq. ft. of interior living space, this home features fresh interior paint, soaring vaulted ceilings in the living room, an updated open kitchen with stainless steel appliances and spectacular views from every room in the house. Entertain family & guests by the in-ground swimming pool or relax on the spacious wrap-around lanai where you can soak in the sparkling Blue Pacific while enjoying soothing cool breezes. MAXIMUM PRIVACY and conveniently located near parks, beaches, and Kahala Mall with restaurants, shopping and entertainment. MUST SEE TO APPRECIATE ITS TRUE BEAUTY!

Last Agent to Sell the Property

Myron Kiriu

REMAX Hawaii License #RB-17242 Listed on: 08/25/2023

REMAX Hawaii

Last Buyer's Agent

David Buck

Harcourts Island Real Estate License #RB-20368

Harcourts Island Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,244

Year Built

  • Built in 1972 | Remodeled in 2020

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Lot Sloped Down
  • Property is in very good condition

Property Views

  • Ocean
  • Coastline
  • Mountain
  • Diamond Head

Home Design

  • Split Level Home
  • Slab Foundation

Interior Spaces

  • 2,283 Sq Ft Home
  • Blinds

Kitchen

  • Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway
  • On-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Aina Haina Elementary School
  • Niu Valley Middle School
  • Kalani High School

Utilities

  • Mini Split Air Conditioners
  • Underground Utilities
  • Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,244

Year Built

Built in 1972 | Remodeled in 2020

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Split, Blinds, Cable TV, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Washer, Water Heater
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 2283
  • Fill Sq Ft Total: 2738
  • Stories Type: Split Level
  • Year Built: 1972
  • Year Renovated: 2020
  • Attribution Contact: (808) 738-3600
  • Special Features: None

Interior Features

  • Amenities: Entry, Patio/Deck, Storage, Wall/Fence
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Other, Vinyl, W/W Carpet

Exterior Features

  • Construction Type: Above Ground, Double Wall, Slab
  • Easements: Sewer
  • Flood Zone: Zone X
  • Lot Features: Rim Lot
  • Pool Features: In Ground
  • Property Condition: Above Average
  • Topography: Down Slope
  • View: Coastline, Diamond Head, Mountain, Ocean

Garage/Parking

  • Parking Features: 2 Car, Carport, Driveway, Street
  • Total Parking Spaces: 2
  • Sq Ft GarageCarport: 468

Utilities

  • Utilities: Cable, Connected, Internet, Public Water, Underground Electricity, Water

Schools

  • Elementary School: Aina Haina
  • Middle School: Niu Valley
  • High School: Kalani
  • Elementary School: Aina Haina
  • High School: Kalani
  • Middle Or Junior School: Niu Valley

Tax Info

  • Tax Annual Amount: 5244.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
May 17, 2024
Sold by
Shinkawa John Toichi and Shinkawa 2014 Irrevocable Trust
Bought by
Shinkawa John David and Shinkawa Abigail Elizabeth
Seller's Agent
Myron Kiriu
REMAX Hawaii
Buyer's Agent
David Buck
Harcourts Island Real Estate
List Price
$2,950,000
Sold Price
$2,650,000
Premium/Discount to List
-$300,000
-10.17%
Views
6803
Current Estimated Value
$2,387,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$262,420
Avg. Annual Appreciation
-7.94%

Purchase Details

Closed on
Jul 14, 2022
Sold by
Toichi Shinkawa John and Toichi Marie Karin
Bought by
Shinkawa 2014 Irrevocable Trust

Purchase Details

Closed on
Apr 9, 2021
Sold by
Shinkawa John Toichi and Shinkawa Karin Marie
Bought by
Shinkawa John Toichi and Shinkawa Karin Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2020
Sold by
Shinkawa John Toichi
Bought by
Shinkawa John Toichi and Shinkawa Karen Marie

Purchase Details

Closed on
Jun 18, 2019
Sold by
Shinkawa Paul and Shinkawa John
Bought by
Shinkawa John Toichi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Shinkawa John Toichi
Bought by
Shinkawa John Toichi and Shikawa Karen Marie

Purchase Details

Closed on
Oct 23, 2014
Sold by
Shinkawa Stanley O
Bought by
Shinkawa 2014 Irrevocable Trust and Shinkawa John
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
Shinkawa John David -- First Hawaii Title
Shinkawa 2014 Irrevocable Trust -- Nb & Niebling Lllc
Shinkawa 2014 Irrevocable Trust -- Nb & Niebling Lllc
Shinkawa John Toichi -- Fam
Shinkawa John Toichi -- Fam
Shinkawa John Toichi -- None Available
Shinkawa John Toichi -- None Available
Shinkawa John Toichi -- None Available
Shinkawa John Toichi -- Fam
Shinkawa John Toichi -- Fam
Shinkawa John Toichi -- Fam
Shinkawa John Toichi -- None Available
Shinkawa John Toichi -- None Available
Shinkawa John Toichi -- None Available
Shinkawa John Toichi -- None Available
Shinkawa 2014 Irrevocable Trust -- None Available
Shinkawa 2014 Irrevocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shinkawia John Toichi $598,500
Previous Owner Shinkawa John Toichi $100,000
Previous Owner Shinkawa John Toichi $600,000
Previous Owner Shinkawa Stanley O $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $2,650,000 -3.6% $1,161 / Sq Ft
02/11/2024 02/11/24 Price Changed $2,750,000 -6.8% $1,205 / Sq Ft
08/25/2023 08/25/23 For Sale $2,950,000 -- $1,292 / 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 $6,109 $2,143,300 $1,200,100 $943,200
2024 $6,109 $1,865,300 $1,200,100 $665,200
2023 $4,894 $1,598,400 $1,035,100 $563,300
2022 $4,653 $1,429,400 $1,035,100 $394,300
2021 $4,463 $1,375,200 $1,080,100 $295,100
2020 $4,099 $1,271,000 $1,080,100 $190,900
2019 $6,728 $1,301,100 $1,080,100 $221,000
2018 $6,728 $1,247,500 $1,057,600 $189,900
2017 $7,238 $1,206,400 $1,012,600 $193,800
2016 $6,643 $1,107,200 $945,100 $162,100
2015 $3,667 $1,167,600 $945,100 $222,500
2014 $2,546 $957,000 $907,600 $49,400
Source: Public Records

Agents Affiliated with this Home

  • Myron Kiriu

    Seller's Agent in 2024

    Myron Kiriu

    REMAX Hawaii

    (808) 721-2032

    32 in this area

    541 Total Sales

    Myron Kiriu
    Section Image
  • David Buck

    Buyer's Agent in 2024

    David Buck

    Harcourts Island Real Estate

    (808) 371-3509

    3 in this area

    85 Total Sales

    David Buck
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202314195

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-6-023-028-0000

Hawaii Honolulu County Honolulu 96821 Kuliouou-Kalani Iki

5119 Palaole Place, Honolulu, HI

This home is located at 5119 Palaole Place, Honolulu, HI 96821 since 25 August 2023 and is currently estimated at $2,387,580, approximately $1,045 per square foot. This property was built in 1972. 5119 Palaole Place is a home located in Honolulu County with nearby schools including Aina Haina Elementary School, Niu Valley Middle School, and Kalani 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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