NOT LISTED FOR SALE

531 Wanaao Rd Kailua, HI 96734

Estimated Value: $1,722,000 - $2,166,000

5 Beds
4 Baths
3,612 Sq Ft
$542/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $1,500,000 $415 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,374/month

20 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Patio
  • Enchanted Lake Elementary School Rated 9+
  • Main Floor Bedroom
  • Ceramic Tile Flooring

About This Home

As of August 2022

Excellent Enchanted Lakes Estate corner lot location home with great street appeal... Home is a Navy Federal Credit Union Foreclosed property sale. Large home with 4+ bedrooms and 3 bathrooms in main house... Home has lots of deferred maintenance and is in need of cosmetic renovations. In ground pool and good open area, nice feeling home with a large studio in-law suite, bathroom, kitchenette with separate entry bonus! Make this your own and accept the challenge of a great renovation property! Specific contract terms and addendums are required with Bank sales. Great potential... close proximity to Kailua town and beaches. Must see! Brokers Open House, Thursday, 6/16 9:30-12:30 and Public Open house on Saturday, 6/18 from 1:00-4:00pm. Contact your Realtor for supplemental paperwork and specific terms required by the bank.

Last Agent to Sell the Property

Grace Koreyasu

REMAX Hawaii License #RB-16489 Listed on: 06/13/2022

REMAX Hawaii

Last Buyer's Agent

Kina Knisley

Keller Williams Honolulu License #RS-78283

Keller Williams Honolulu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,350

Year Built

  • Built in 1959 | Remodeled in 1966

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Masonry

Interior Spaces

  • 3,612 Sq Ft Home
  • 2-Story Property
  • Partially Furnished

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Enchanted Lake Elementary School
  • Kailua Middle School
  • Kailua High School

Utilities

  • Underground Utilities
  • Internet Available
  • Cable TV Available

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,350

Year Built

Built in 1959 | Remodeled in 1966

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: None
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 3612
  • Fill Sq Ft Total: 3964
  • Stories Type: Two
  • Year Built: 1959
  • Year Renovated: 1966
  • Special Features: None
  • Stories: 2

Interior Features

  • Amenities: Bedroom on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Storage, Wall/Fence
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Laminate, W/W Carpet
  • Furnished: Partial

Exterior Features

  • Construction Type: Double Wall, Masonry/Stucco, Slab
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: In Ground
  • Property Condition: Fair
  • Topography: Level
  • View: None

Garage/Parking

  • Parking Features: 3 Car+, Driveway, Garage
  • Total Parking Spaces: 4
  • Sq Ft GarageCarport: 520

Utilities

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

Association/Amenities

  • AssociationFee2Includes: None

Schools

  • Elementary School: Enchanted Lake
  • Middle School: Kailua
  • High School: Kailua
  • Elementary School: Enchanted Lake
  • High School: Kailua
  • Middle Or Junior School: Kailua

Tax Info

  • Tax Annual Amount: 8349.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Rc Property Group Llc
Bought by
Feliciano Nelson
Current Estimated Value
$1,956,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,299,930
Outstanding Balance
$1,297,721
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$658,481

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 27, 2022
Sold by
Navy Federal Credit Union
Bought by
Rc Property Group Llc
Seller's Agent
Grace Koreyasu
REMAX Hawaii
Buyer's Agent
Kina Knisley
Keller Williams Honolulu
List Price
$1,665,000
Sold Price
$1,500,000
Premium/Discount to List
-$165,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$1,417,191
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2020
Sold by
Goo William L
Bought by
Navy Federal Credit Union

Purchase Details

Closed on
Jun 26, 2009
Sold by
Gibson Ken E
Bought by
Vanderhoofven Philip Leon and Vanderhoofven Susan June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,100
Interest Rate
4.79%
Mortgage Type
VA

Purchase Details

Closed on
Feb 11, 2002
Sold by
Gibson Ken E and Gibson Luana Lee
Bought by
Gibson Ken E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.13%
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
Feliciano Nelson -- Fam
Rc Property Group Llc -- Fidelity National Title
Rc Property Group Llc -- Fidelity National Title
Navy Federal Credit Union $815,771 None Available
Navy Federal Credit Union $815,771 None Available
Vanderhoofven Philip Leon $700,000 First American Title Co Inc
Gibson Ken E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feliciano Nelson $1,299,930
Previous Owner Rc Property Group Llc $1,417,191
Previous Owner Vanderhoofven Philip Leon $723,100
Previous Owner Gibson Ken E $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2022 08/13/22 Off Market $1,500,000 -- --
08/12/2022 08/12/22 Sold $1,500,000 -9.9% $415 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $1,665,000 -- $461 / 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 $12,401 $1,783,900 $1,237,500 $546,400
2024 $12,401 $1,736,900 $1,237,500 $499,400
2023 $11,839 $1,687,600 $1,237,500 $450,100
2022 $9,989 $1,522,800 $1,087,500 $435,300
2021 $8,350 $1,366,700 $802,500 $564,200
2020 $5,753 $1,119,300 $772,500 $346,800
2019 $5,207 $1,117,400 $825,000 $292,400
2018 $5,207 $1,078,600 $780,000 $298,600
2017 $6,524 $1,087,400 $742,500 $344,900
2016 $6,382 $1,063,600 $705,000 $358,600
2015 $3,140 $897,200 $660,000 $237,200
2014 $3,197 $920,400 $600,000 $320,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Grace Koreyasu

    REMAX Hawaii

    (808) 261-1800

    7 in this area

    81 Total Sales

    Grace Koreyasu
    Section Image
  • Kina Knisley

    Buyer's Agent in 2022

    Kina Knisley

    Keller Williams Honolulu

    (808) 681-9594

    16 in this area

    195 Total Sales

    Kina Knisley
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202210991

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-039-001-0000

Hawaii Honolulu County Kailua 96734

531 Wanaao Rd, Kailua, HI

This home is located at 531 Wanaao Rd, Kailua, HI 96734 since 13 June 2022 and is currently estimated at $1,956,202, approximately $541 per square foot. This property was built in 1959. 531 Wanaao Rd is a home located in Honolulu County with nearby schools including Enchanted Lake Elementary School, Kailua Intermediate School, and Kailua 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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