$1,029,000
SOLD APR 11, 2025

548 Kuaaina Way Kailua, HI 96734

2 Beds
1 Bath
612 Sq Ft
6,050 Sq Ft Lot

Recently Sold

$1,681 Per Sq Ft

6% Below List Price

69 Days on Market

Highlights

  • Bathroom on Main Level
  • 1 Car Garage
  • Vinyl Flooring
  • Kainalu Elementary School Rated A-
  • Level Lot
  • 1-Story Property

About This Home

As of April 2025

NEW YEAR, NEW GREAT PRICE! Discover this delightful 2BR/1BA cottage at an unbeatable price! Perfect for first-time homebuyers, downsizers, or anyone seeking a peaceful alternative to condo living. Enjoy the freedom of your own yard—perfect for gardening, pets or entertaining – all without HOA fees or shared walls! The spacious, enclosed yard offers plenty of room to relax, play or even expand, giving you the flexibility and future potential not found in condos. Conveniently located in Coconut Grove, this charming cottage is within easy reach of all the amenities Kailua has to offer, from shopping to dining to beaches. Whether you’re enjoying the serenity of your private yard or exploring the neighborhood, you’ll love calling this home. Don’t miss out on this amazing opportunity to own a piece of paradise in Kailua! Schedule a showing today!

Last Agent to Sell the Property

Christine Koga

BHGRE Advantage Realty Brokerage Phone: (808) 261-1800 License #RS-40981 Listed on: 01/23/2025

BHGRE Advantage Realty

Last Buyer's Agent

Lucy Heath

Compass License #RS-83377

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 1953

Lot Details

  • 6,050 Sq Ft Lot
  • Property fronts a county road
  • Level Lot
  • Zoning described as 05 - R-5 Residential District

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

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

Schools

  • Kainalu Elementary School
  • Kailua Middle School
  • Kalaheo High School

Community Details

  • Coconut Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-063-053-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,906

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Cottage
  • Inclusions: Drapes,Dryer,Range/Oven,Refrigerator,Washer,Water Heater
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1953
  • Attribution Contact: (808) 261-1800
  • Road Frontage Type: County Road
  • MLS Status: Closed
  • Subdivision Name: COCONUT GROVE
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 612.0
  • New Construction: No
  • Roof: Metal
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Carport, Driveway, One Car Garage, One Space
  • Total Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Parcel Number: 1-4-3-063-053-0000
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 4906.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Apr 9, 2025
Sold by
John Yetsuo Mikami Revocable Living Trus and Mikami Keith Yetsuo
Bought by
Clarke Ryan Kenneth and Schierl Sarah Kathryn
Seller's Agent
Christine Koga
BHGRE Advantage Realty
Buyer's Agent
Lucy Heath
Compass
List Price
$1,100,000
Sold Price
$1,029,000
Premium/Discount to List
-$71,000
-6.45%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.02%
Original Mortgage
$977,500
Outstanding Balance
$976,660
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$148,538

Purchase Details

Closed on
Sep 22, 2015
Sold by
Mikami John Yetsuo
Bought by
Mikami John Yetsuo
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Old Republic Title
Warranty Deed -- Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $977,500 New Conventional
Closed $977,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $4,700 0.0% $8 / Sq Ft
07/16/2025 07/16/25 For Rent $4,700 -4.1% --
07/08/2025 07/08/25 Off Market $4,900 -- --
07/03/2025 07/03/25 For Rent $4,900 0.0% --
04/11/2025 04/11/25 Sold $1,029,000 -6.5% $1,681 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $1,100,000 -- $1,797 / 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 $4,906 $1,126,700 $1,077,800 $48,900
2024 $4,906 $1,079,500 $1,042,100 $37,400
2023 $4,901 $1,079,000 $1,042,100 $36,900
2022 $4,929 $1,040,900 $1,006,400 $34,500
2021 $2,776 $793,100 $756,600 $36,500
2020 $2,806 $801,600 $742,300 $59,300
2019 $2,731 $780,200 $713,800 $66,400
2018 $2,559 $731,100 $713,800 $17,300
2017 $2,418 $690,800 $628,100 $62,700
2016 $2,358 $673,800 $585,300 $88,500
2015 $2,042 $583,400 $499,600 $83,800
2014 $1,460 $539,200 $485,400 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202502509

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-063-053-0000