561 Kawainui St Unit B Kailua, HI 96734
Estimated payment $8,657/month
Highlights
- Views
- Laundry Room
- Level Lot
- Kailua Intermediate School Rated A-
- Bathroom on Main Level
- Vinyl Flooring
About This Home
Rare 2.75% VA Assumable Opportunity in Kailua! Fall in love w/ this beautifully renovated home featuring a flexible floor plan perfect for multi-generational living or rental income. Main home offers a large open kitchen/living area, 3 bedrooms / 1 bath, LVP flooring & vinyl windows throughout. Attached is a spacious 2 bedroom/1 bath unit w/ its own kitchenette, laundry room and private backyard - ideal as a rental, guest suite, or extended Ohana space. Every detail has been updated - the home underwent a complete renovation in 2021, including splits, flooring, kitchens, and baths, and a new roof was installed in 2023. A large enclosed workshop off the 2-car carport provides room for tools, surfboards, bikes & all your lifestyle gear. The location is hard to beat - a short stroll to shops, restaurants & a quick bike or walk to world-famous Kailua Beach. Don’t miss your chance to secure this low 2.75% rate & enjoy the best of island living! PI pmt/mo is $5860 & current Gap is ~$281k. Secondary financing may reduce Gap to ~$160k. Recently producing $6,700/mo rental income, Open Sat, Oct 18th 10AM-1PM.
Listing Agent
Island Living Homes Brokerage Phone: (808) 798-5800 License #RB-22278 Listed on: 09/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,192
Year Built
- Built in 1954
Lot Details
- 5,004 Sq Ft Lot
- Level Lot
- Zoning described as 05 - R-5 Residential District
Parking
- 3 Parking Spaces
Home Design
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2,260 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Laundry Room
- Property Views
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Schools
- Kailua Elementary And Middle School
- Kalaheo High School
Community Details
- Coconut Grove Subdivision
Listing and Financial Details
- Assessor Parcel Number 1-4-3-059-038-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,418 | $1,103,000 | $1,038,100 | $64,900 |
| 2024 | $3,418 | $1,096,600 | $1,003,800 | $92,800 |
| 2023 | $3,108 | $1,087,900 | $1,003,800 | $84,100 |
| 2022 | $3,147 | $999,000 | $969,400 | $29,600 |
| 2021 | $2,421 | $791,600 | $728,800 | $62,800 |
| 2020 | $2,493 | $812,200 | $715,000 | $97,200 |
| 2019 | $2,442 | $777,800 | $687,500 | $90,300 |
| 2018 | $2,403 | $766,500 | $687,500 | $79,000 |
| 2017 | $2,191 | $706,000 | $605,000 | $101,000 |
| 2016 | $2,074 | $672,500 | $563,800 | $108,700 |
| 2015 | $1,786 | $590,200 | $481,300 | $108,900 |
| 2014 | $1,644 | $554,200 | $467,500 | $86,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $1,600,000 | -- | $708 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,000 | No Value Available |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202518717
APN: 1-4-3-059-083-0000
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Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
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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