NOT LISTED FOR SALE

550 Ululani St Kailua, HI 96734

Estimated Value: $1,287,000 - $1,426,242

3 Beds
2 Baths
1,390 Sq Ft
$981/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $905,000 $651 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,900/month

133 Days on Market

Highlights

  • Views
  • Bathroom on Main Level
  • Fenced
  • Maunawili Elementary School Rated A
  • 2 Car Garage
  • 2-minute walk to Pōhākupu Mini Park

About This Home

As of June 2020

Newly updated in the Olomana neighborhood of Kailua. Spacious floor plan and plenty of yard for comfortable indoor, outdoor Island living. New flooring throughout, fresh paint, new kitchen cabinets and appliances, new lighting and bathroom fixtures. Enjoy the Kailua lifestyle with easy access to the Pali and H-3 and walking distance to Maunawili Elementary School. Perfect location for work, school and play.

Last Agent to Sell the Property

Mary LaVoie-Olson

Corcoran Pacific Properties License #RS-59202 Listed on: 01/19/2020

Co-Listed By

Marylu Surratt

Drop - 2025 License #RS-69160

Last Buyer's Agent

Lila Marino-Camacho

Berkshire Hathaway HmSvc HI RE License #RS-63620

Berkshire Hathaway HmSvc HI RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1959

Lot Details

  • 7,500 Sq Ft Lot
  • Property fronts a county road
  • Fenced
  • Level Lot
  • Zoning described as 04 - R-7.5 Residential District

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Maunawili Elementary School
  • Kailua Middle School
  • Kailua High School

Community Details

  • Olomana Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-4-2-042-063-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Detached
  • Co List Office Mls Id: ELIT
  • Inclusions: Dryer,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1959
  • Fencing: Fenced, Wall
  • Road Frontage Type: County Road
  • Co List Office Phone: (808) 589-2040
  • MLS Status: Closed
  • Subdivision Name: OLOMANA
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 1390.0
  • New Construction: No
  • Roof: Composition
  • Tax Year: 2019
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Single Wall
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Average Condition
  • Topography: Level
  • View: Mountain(s), Other
  • View: Yes
  • Disclosures: Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport, Driveway, Two Car Garage, Two Spaces
  • Total Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Other, Sewer Available, Water Available

Schools

  • Elementary School: Maunawili
  • High School: Kailua
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-2-042-063-0000
  • Zoning Description: 04 - R-7.5 Residential District

Tax Info

  • Tax Annual Amount: 2964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Jun 24, 2020
Sold by
Kilburn Keith H and Kilburn Maile K
Bought by
Myking Jacob Martin and Myking Jessica Ellen
Seller's Agent
Mary LaVoie-Olson
Corcoran Pacific Properties
Buyer's Agent
Lila Marino-Camacho
Berkshire Hathaway HmSvc HI RE
List Price
$975,000
Sold Price
$905,000
Premium/Discount to List
-$70,000
-7.18%
Current Estimated Value
$1,363,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,061
Avg. Annual Appreciation
8.26%
Original Mortgage
$678,750
Outstanding Balance
$604,311
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$758,750

Purchase Details

Closed on
Oct 3, 2019
Sold by
Mccolgan Henry A and Mccolgan Christine C
Bought by
Kilburn Maile M and Kilburn Keith H

Purchase Details

Closed on
Jan 10, 2013
Sold by
Mccolgan Henry Arthur and Mccolgan Christine Chow
Bought by
Mccolgan Henry A and Mccolgan Christine C

Purchase Details

Closed on
Mar 26, 2008
Sold by
Mccolgan Henry Arthur and Mccolgan Christine Chow
Bought by
Mccolgan Henry Arthur and Mccolgan Christine Chow

Purchase Details

Closed on
Mar 15, 2002
Sold by
Davenport Anthony
Bought by
Mccolgan Henry Arthur and Mccolgan Christine Chow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.25%
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
Myking Jacob Martin $905,000 Tg
Myking Jacob Martin $905,000 Tg
Kilburn Maile M -- None Available
Kilburn Maile M -- None Available
Kilburn Maile M -- None Available
Mccolgan Henry A -- None Available
Mccolgan Henry A -- None Available
Mccolgan Henry Arthur -- Accommodation
Mccolgan Henry Arthur $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myking Jacob Martin $368,000
Open Myking Jacob Martin $678,750
Closed Myking Jacob Martin $130,000
Closed Myking Jacob Martin $678,750
Previous Owner Mccolgan Henry Arthur $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $905,000 -7.2% $651 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $975,000 -- $701 / 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 $5,859 $1,194,300 $1,162,500 $31,800
2024 $5,859 $1,163,100 $1,162,500 $600
2023 $5,998 $1,175,300 $1,162,500 $12,800
2022 $5,218 $1,068,400 $1,020,000 $48,400
2021 $3,246 $927,500 $795,000 $132,500
2020 $2,868 $919,400 $780,000 $139,400
2019 $2,550 $926,600 $750,000 $176,600
2018 $2,550 $808,700 $735,000 $73,700
2017 $2,417 $770,700 $675,000 $95,700
2016 $2,382 $760,500 $630,000 $130,500
2015 $2,222 $714,900 $600,000 $114,900
2014 $2,202 $722,200 $570,000 $152,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202001309

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-042-063-0000