NOT LISTED FOR SALE

562 N Kalaheo Ave Unit E Kailua, HI 96734

Estimated Value: $3,899,000 - $7,639,000

4 Beds
3.5 Baths
2,456 Sq Ft
$2,473/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $6,650,000 $2,708 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $33,822/month

15 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Maid or Guest Quarters
  • Kainalu Elementary School Rated A-
  • 21,788 Sq Ft lot
  • 3-minute walk to Kalama Beach Park

About This Home

As of November 2022

THE BEACH HOUSE. Situated down a private lane on a sprawling beachfront parcel of 21,788 square feet, rests this 4 bedroom, 3.5 bath beach house which radiates pure rest, relaxation, and so much fun! Swim, sun, and recharge at your back door along the famed sandy shores of Kailua Beach, repeatedly one of the top-rated beaches worldwide known for its beautiful tranquil turquoise waters and miles of breathtaking sandy shoreline. This charming home offers open-air living with multiple indoor-outdoor lounge and dining spaces connected to wraparound lanai’s complete with your own tiki bar, creating a true sense of island living! Graciously configured around the center courtyard, each bedroom suite enjoys garden and/or unforgettable coastline views. Wake to amazing sunrises and celebrate each passing day with those legendary moonlit nights that Kailua is known for. The possibilities are limitless for this fabulous beachfront property; zoned R-10 and offering 93.71 linear feet of beach frontage with an amazing seaside lawn area, swaying palms and tropical landscape. Enjoy the best of true island living…. welcome home!

Last Agent to Sell the Property

Tracy Allen

Coldwell Banker Realty License #RS-46610 Listed on: 10/17/2022

Coldwell Banker Realty

Last Buyer's Agent

Johana Allison

RE/MAX Honolulu License #RS-79233

RE/MAX Honolulu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,667

Year Built

  • Built in 1954 | Remodeled in 2019

Lot Details

  • 0.5 Acre Lot
  • Beach Front
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

Property Views

  • Ocean
  • Coastline
  • Mountain
  • Garden

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Chandelier
  • Fireplace
  • Drapes & Rods
  • Ceramic Tile Flooring

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Gas Available
  • Water Heater
  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,667

Year Built

Built in 1954 | Remodeled in 2019

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Split, Auto Garage Door Opener, Book Shelves, Ceiling Fan, Chandelier, Convection Oven, Dishwasher, Disposal, Drapes, Dryer, Fireplace, Lawn Sprinkler, Microwave, Refrigerator, Security System, Smoke Detector, Washer, Water Heater
  • PropertyFrontage: Ocean, Sandy Beach
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 2456
  • Fill Sq Ft Total: 2894
  • Stories Type: One
  • Year Built: 1954
  • Year Renovated: 2019
  • Attribution Contact: (808) 596-0456
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Patio/Deck, Storage, Wall/Fence
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Other

Exterior Features

  • Construction Type: Single Wall, Slab, Vinyl, Wood Frame
  • Easements: Electric, Sewer
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: None
  • Property Condition: Above Average
  • Topography: Level
  • View: Coastline, Garden, Mountain, Ocean, Sunrise

Garage/Parking

  • Parking Features: 2 Car, Driveway, Garage
  • Total Parking Spaces: 2
  • Sq Ft GarageCarport: 460

Utilities

  • Utilities: Cable, Connected, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water

Association/Amenities

  • AssociationFee2Includes: None

Schools

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

Tax Info

  • Tax Annual Amount: 50667.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 9, 2022
Sold by
Kenneth Avenue Llc
Bought by
Chiaro Family Trust
Seller's Agent
Tracy Allen
Coldwell Banker Realty
Buyer's Agent
Johana Allison
RE/MAX Honolulu
List Price
$6,250,000
Sold Price
$6,650,000
Premium/Discount to List
$400,000
6.4%
Current Estimated Value
$6,073,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$576,649
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Jun 4, 2019
Sold by
Yee Henry K and Farrell Charlotte J
Bought by
Kenneth Avenue Llc

Purchase Details

Closed on
Jan 8, 2016
Sold by
Yee Henry Kwan
Bought by
The Henry K Yee Revocable Family Trust and Farrell Charlotte J

Purchase Details

Closed on
Jun 22, 1995
Sold by
Kelce Robert David and Kelce Diane Robison
Bought by
Yee Henry Kwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.88%
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
Chiaro Family Trust -- Title Guaranty & Escrow Servic
Kenneth Avenue Llc $4,600,000 Tg
Kenneth Avenue Llc $4,600,000 Tg
The Henry K Yee Revocable Family Trust -- None Available
The Henry K Yee Revocable Family Trust -- None Available
Yee Henry Kwan $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yee Henry Kwan $650,000
Closed Yee Henry Kwan $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Off Market $6,650,000 -- --
11/17/2022 11/17/22 Sold $6,650,000 +6.4% $2,708 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $6,250,000 0.0% $2,545 / Sq Ft
08/10/2015 08/10/15 Rented $7,000 0.0% --
08/10/2015 08/10/15 For Rent $7,000 +11.6% --
07/18/2012 07/18/12 Rented $6,275 -3.5% --
06/18/2012 06/18/12 Under Contract -- -- --
05/18/2012 05/18/12 For Rent $6,500 -- --
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 $20,607 $6,570,200 $5,709,600 $860,600
2024 $20,607 $6,007,600 $5,709,600 $298,000
2023 $60,949 $5,995,500 $5,392,400 $603,100
2022 $50,667 $5,398,300 $5,018,300 $380,000
2021 $39,036 $4,289,100 $4,093,800 $195,300
2020 $47,500 $5,095,200 $4,728,500 $366,700
2019 $42,827 $5,250,600 $4,971,600 $279,000
2018 $42,827 $5,258,500 $4,971,600 $286,900
2017 $32,460 $5,410,000 $4,728,500 $681,500
2016 $30,406 $5,067,600 $4,728,500 $339,100
2015 $30,739 $5,123,100 $4,728,500 $394,600
2014 -- $4,130,800 $3,566,600 $564,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202221237

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-018-031-0000