NOT LISTED FOR SALE

5240 Papai St Honolulu, HI 96821

Kuliouou-Kalani Iki Neighborhood

Estimated Value: $1,507,000 - $2,407,000

3 Beds
2 Baths
2,329 Sq Ft
$780/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $1,575,000 $676 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,220/month

5 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Level Lot
  • Aina Haina Elementary School Rated A-
  • Ceramic Tile Flooring
  • 1-minute walk to Kawaikui Beach Park

About This Home

As of April 2019

It's the location, lower Aina Haina with level 10,000 sq. ft. property where residents have enjoyed living for years! It's the comfort/convenience from your first step! Pool and deck with brick walls for privacy. High ceilings and generous sq. footage creates comfortable living areas. Aina Haina Shopping Center is a short stroll away, close to the bus line and nearby Nehu Park. A must see in your search for a wonderful property.

Last Agent to Sell the Property

Kathleen Takemoto

Drop - 2023 License #RS-25252 Listed on: 03/05/2019

Co-Listed By

Carol Taylor

Coldwell Banker Realty License #RB-21878

Last Buyer's Agent

Dale Bordner

Hawaii Resource Realty License #RB-12848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1948

Lot Details

  • 10,000 Sq Ft Lot
  • Property fronts a county road
  • Level Lot
  • Zoning described as 03 - R10 - Residential District

Interior Spaces

  • 2,329 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Pool

  • In Ground Pool

Community Details

  • Aina Haina Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-3-6-005-023-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,197

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Co List Office Mls Id: CBPP
  • Inclusions: AC Window Unit,Book Shelves,Cable TV,Dishwasher,Disposal,Drapes,Dryer,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1948
  • Road Frontage Type: County Road
  • Co List Office Phone: (808) 596-0456
  • MLS Status: Closed
  • Subdivision Name: AINA HAINA AREA
  • Carport Y N: Yes
  • Unit Levels: One
  • Living Area: 2329.0
  • New Construction: No
  • Roof: Other
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Construction Type: Masonry, Stucco
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: In Ground
  • Property Condition: Average Condition
  • Topography: Level
  • View: Garden
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Carport, Three or more Spaces
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Cable Available, Phone Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel Number: 1-3-6-005-023-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 3196.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Lau Shishido Joshua Evan
Bought by
Lau Shishido Joshua Evan and Lee Hyemi Lee
Current Estimated Value
$1,817,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$419,749
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$1,397,308

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 3, 2019
Sold by
Vellis Demetrius and Henning Thalia Valentine
Bought by
Shishido Joshua Evan Lau
Seller's Agent
Kathleen Takemoto
Drop - 2023
Buyer's Agent
Dale Bordner
Hawaii Resource Realty
List Price
$1,529,000
Sold Price
$1,575,000
Premium/Discount to List
$46,000
3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2019
Sold by
Vellis John Demetrius and Henning Thalia Valentine
Bought by
Vellis John Demetrius and Henning Thalia Valentine
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
Lau Shishido Joshua Evan -- None Available
Lau Shishido Joshua Evan -- None Available
Lau Shishido Joshua Evan -- None Available
Shishido Joshua Evan Lau $1,575,000 Fam
Vellis John Demetrius -- Accommodation
Vellis John Demetrius -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shishido Joshua Evan Lau $472,000
Closed Shishido Joshua Evan Lau $375,000
Closed Shishido Joshua Evan Lau $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $1,575,000 +3.0% $676 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $1,529,000 -- $657 / 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 $4,749 $1,482,200 $1,336,500 $145,700
2024 $4,749 $1,476,800 $1,287,000 $189,800
2023 $4,562 $1,503,500 $1,247,400 $256,100
2022 $4,055 $1,258,500 $1,108,800 $149,700
2021 $3,735 $1,167,200 $1,108,800 $58,400
2020 $4,072 $1,263,400 $1,108,800 $154,600
2019 $3,197 $1,167,400 $1,049,400 $118,000
2018 $3,197 $1,033,300 $990,000 $43,300
2017 $3,271 $1,054,700 $940,500 $114,200
2016 $1,638 $1,007,700 $940,500 $67,200
2015 $2,854 $935,300 $821,700 $113,600
2014 $2,270 $884,300 $732,600 $151,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathleen Takemoto

    Drop - 2023

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Carol Taylor

    Coldwell Banker Realty

    (808) 596-0456

    1 in this area

    45 Total Sales

    Carol Taylor
    Section Image
  • Dale Bordner

    Buyer's Agent in 2019

    Dale Bordner

    Hawaii Resource Realty

    (808) 954-1148

    3 in this area

    37 Total Sales

    Dale Bordner
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201905674

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-6-005-023-0000

Hawaii Honolulu County Honolulu 96821 Kuliouou-Kalani Iki

5240 Papai St, Honolulu, HI

This home is located at 5240 Papai St, Honolulu, HI 96821 since 05 March 2019 and is currently estimated at $1,817,057, approximately $780 per square foot. This property was built in 1948. 5240 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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