NOT LISTED FOR SALE

5231 Papai St Honolulu, HI 96821

Kuliouou-Kalani Iki Neighborhood

Estimated Value: $2,235,000 - $2,608,000

5 Beds
3 Baths
2,403 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $1,185,000 $493 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $13,875/month

19 Days on Market

Highlights

  • Parking available for a boat
  • In Ground Pool
  • Maid or Guest Quarters
  • Aina Haina Elementary School Rated A-
  • Home fronts a canal
  • 1-minute walk to Kawaikui Beach Park

About This Home

As of September 2012

Set back from the street on a nearly 12,000 s.f. lot, this open floorplan home is an entertainer's paradise. Recently remodeled w/gourmet kitchen, designer baths, luxurious flooring, custom paint, new electrical/plumbing & more. Spacious pool deck w/tropical landscaping offers privacy & serenity of Wailupe stream. This home is the BEST Aina Haina has to offer.

Last Agent to Sell the Property

Courtney Takai

Vesta Hawaii Real Estate License #RB-20731 Listed on: 08/03/2012

Last Buyer's Agent

Tony Kawaguchi

eXp Realty License #RS-66616

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Level Lot
  • Property is in excellent condition
  • Zoning described as 03 - R10 - Residential District

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,403 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway
  • Parking available for a boat

Schools

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

Additional Features

  • In Ground Pool
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-3-6-005-016-0000

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Community Storage Space

Additional Features

  • Aina Haina Area Subdivision
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,688

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: Cable TV,Dishwasher,Disposal,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1948
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Canal
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: AINA HAINA AREA
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 2403.0
  • New Construction: No
  • Roof: Other
  • RoomType: Entry/Foyer, Guest Quarters
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1

Exterior Features

  • Construction Type: Brick, Double Wall, Masonry, Single Wall, Stucco, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: In Ground
  • Property Condition: Excellent, Updated/Remodeled
  • Topography: Level
  • View: Canal, Other
  • View: Yes
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed, Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Boat, Carport, Driveway, Three or more Spaces, On Street

Utilities

  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Other, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Parcel Number: 1-3-6-005-016-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 2688.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Sep 19, 2012
Sold by
Wo Craig Scott and Wo Michael John
Bought by
Vahsen Sven Einar and Chormann Kristin Foster
Seller's Agent
Courtney Takai
Vesta Hawaii Real Estate
Buyer's Agent
Tony Kawaguchi
eXp Realty
List Price
$1,230,000
Sold Price
$1,185,000
Premium/Discount to List
-$45,000
-3.66%
Current Estimated Value
$2,452,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,267,844
Avg. Annual Appreciation
5.76%
Original Mortgage
$545,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2011
Sold by
Balgas James Edward and Yamane Erin Akemi
Bought by
Wo Craig Scott and Wo Michael John

Purchase Details

Closed on
Nov 10, 2005
Sold by
Menezes Freidalane C
Bought by
Balgas James Edward and Yamane Erin Akemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2004
Sold by
Menezes Arthur Victor
Bought by
Menezes Arthur and Arthur V Menezes Trust

Purchase Details

Closed on
Mar 30, 2004
Sold by
Menezes Frederick Valentine
Bought by
Menezes Arthur Victor

Purchase Details

Closed on
May 26, 1994
Sold by
Menezes Frederick V and Menezes Juliette S
Bought by
Menezes Frederick and Menezes Arthur
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
Vahsen Sven Einar -- Fam
Vahsen Sven Einar -- Fam
Wo Craig Scott $825,000 Fam
Balgas James Edward $950,000 --
Menezes Arthur -- --
Menezes Arthur Victor -- --
Menezes Frederick Valentine -- --
Menezes Frederick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vahsen Sven Einar $446,000
Closed Vahsen Sven Einar $446,000
Closed Vahsen Sven Einar $545,000
Previous Owner Balgas James Edward $615,878
Previous Owner Balgas James Edward $625,500
Previous Owner Balgas James Edward $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $1,185,000 -3.7% $493 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $1,230,000 -- $512 / 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 $7,368 $2,236,100 $1,413,300 $822,800
2024 $7,368 $2,225,100 $1,360,900 $864,200
2023 $6,732 $2,123,400 $1,319,100 $804,300
2022 $5,766 $1,747,300 $1,172,500 $574,800
2021 $5,298 $1,613,700 $1,172,500 $441,200
2020 $5,468 $1,662,400 $1,172,500 $489,900
2019 $5,481 $1,645,900 $1,109,700 $536,200
2018 $5,221 $1,571,800 $1,046,900 $524,900
2017 $4,961 $1,497,400 $994,500 $502,900
2016 $4,819 $1,456,800 $994,500 $462,300
2015 $4,693 $1,420,800 $868,900 $551,900
2014 $2,691 $1,201,000 $774,700 $426,300
Source: Public Records

Agents Affiliated with this Home

  • Courtney Takai

    Seller's Agent in 2012

    Courtney Takai

    Vesta Hawaii Real Estate

    (808) 561-8200

    6 in this area

    146 Total Sales

    Courtney Takai
    Section Image

  • T

    Buyer's Agent in 2012

    Tony Kawaguchi

    eXp Realty

    (808) 351-9795

    7 in this area

    259 Total Sales

    Tony Kawaguchi
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1208772

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-6-005-016-0000

Hawaii Honolulu County Honolulu 96821 Kuliouou-Kalani Iki

5231 Papai St, Honolulu, HI

This home is located at 5231 Papai St, Honolulu, HI 96821 since 03 August 2012 and is currently estimated at $2,452,844, approximately $1,020 per square foot. This property was built in 1948. 5231 Papai St 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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