NOT LISTED FOR SALE

5621 Kalanianaole Hwy Honolulu, HI 96821

Kuliouou-Kalani Iki Neighborhood

Estimated Value: $3,445,007 - $4,999,000

7 Beds
6 Baths
6,689 Sq Ft
$637/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $5,750,000 $860 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $23,401/month

72 Days on Market

Highlights

  • Ocean Front
  • 26,373 Sq Ft lot
  • Wood Flooring
  • Aina Haina Elementary School Rated A-
  • Maid or Guest Quarters
  • 1-minute walk to Kuliʻouʻou Beach Park

About This Home

As of December 2020

The Hawaii of Bygone Days.... This picturesque island residence has been in the same family for over 85-years and rests proudly on a beautiful beachfront parcel of over 26,000 square feet. The main house offers 5-bedrooms and 5-baths and over 6,000 square feet of both formal and casual living and entertaining areas, soaring ceilings with custom inlaid wood details and gorgeous ocean and mountain views throughout. A separate 2-bedroom/1 bath cottage + a carport/storage dwelling are all wonderfully positioned on this fabulous property complete w/ tropical landscaped grounds, swaying palms & lovely mature trees. With 131 linear feet of beach frontage one will never tire of watching stunning sunsets by the sea... this home is truly a rare island treasure not to be missed. Incl. adjacent TMK.

Last Agent to Sell the Property

Tracy Allen

Coldwell Banker Realty License #RS-46610 Listed on: 09/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Tracy Allen

Coldwell Banker Realty License #RS-46610 Listed on: 09/17/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,815

Year Built

  • Built in 1935

Lot Details

  • 0.61 Acre Lot
  • Ocean Front
  • Property fronts a highway
  • Fenced
  • Landscaped
  • Level Lot
  • Zoning described as 03 - R10 - Residential District

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Garden

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 6,689 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 6 Full Bathrooms

Schools

  • Aina Haina Elementary School
  • Niu Valley Middle School
  • Kalani High School

Additional Features

  • Separate Outdoor Workshop
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-3-7-001-002-0000

Community Details

Overview

  • Niu Beach Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,815

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Cottage, Detached
  • Inclusions: AC Split,Blinds,Book Shelves,Cable TV,Ceiling Fan,Chandelier,Dishwasher,Drapes,Dryer,Fireplace,Lawn Sprinkler,Microwave,Range/Oven,Refrigerator,Security System,Smoke Detector,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1935
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront, Waterfront
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: NIU BEACH
  • Carport Y N: Yes
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 6689.0
  • New Construction: No
  • Roof: Other, Shake, Wood
  • RoomType: Entry/Foyer, Guest Quarters
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Marble, Other
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None, Pool/Spa Combo
  • Property Condition: Good Condition, Updated/Remodeled
  • Topography: Level
  • View: Coastline, Garden, Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: Familial Relation, Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab
  • Other Structures: Workshop

Garage/Parking

  • Parking Features: Carport, Driveway, Two Car Garage, Two Spaces
  • Total Parking Spaces: 3.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Schools

  • Elementary School: Aina Haina
  • High School: Kalani
  • Middle Or Junior School: Niu Valley

Lot Info

  • Parcel Number: 1-3-7-001-002-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 34814.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 22, 2020
Sold by
Dexter Sultan Iii Edward and Mccorkle Rae
Bought by
Edward D Sultan Iii Revocable Trust and Rae Mccorkle Sultan Revocable Living Trust
Seller's Agent
Tracy Allen
Coldwell Banker Realty
Buyer's Agent
Tracy Allen
Coldwell Banker Realty
List Price
$6,995,000
Sold Price
$5,750,000
Premium/Discount to List
-$1,245,000
-17.8%
Current Estimated Value
$4,258,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,491,664
Avg. Annual Appreciation
-6.02%
Original Mortgage
$1,750,000
Outstanding Balance
$1,560,800
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,697,536

Purchase Details

Closed on
Feb 17, 2018
Sold by
Orr Carol C and Cassiday Jr Qualifi Benjamin B
Bought by
Orr Carol Cassiday and Carol Cassiday Orr Revocable T

Purchase Details

Closed on
Dec 26, 2008
Sold by
Cassiday Benjamin Buckles
Bought by
Cassiday Benjamin B and Benjamin B Cassiday Jr Qualified Persona

Purchase Details

Closed on
Jun 14, 1999
Sold by
Cassiday Benjamin Buckles
Bought by
Cassiday Benjamin B and Benjamin B Cassiday Jr Revocable Trust
Source: Public Records

Range of Values:

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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
Edward D Sultan Iii Revocable Trust -- Title Guaranty & Escrow Servic
Sultan Edward D -- Tg
Sultan Edward Dexter $5,750,000 Tg
Sultan Edward D -- Tg
Sultan Edward Dexter $5,750,000 Tg
Sultan Edward D -- Tg
Orr Carol Cassiday -- None Available
Orr Carol Cassiday -- None Available
Cassiday Benjamin B -- None Available
Cassiday Benjamin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sultan Edward D $1,750,000
Closed Sultan Edward D $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $5,750,000 -17.8% $860 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $6,995,000 -- $1,046 / 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 $12,023 $3,409,600 $3,206,800 $202,800
2024 $12,023 $3,555,000 $3,206,800 $348,200
2023 $11,703 $3,543,800 $3,206,800 $337,000
2022 $32,777 $3,693,000 $3,046,400 $646,600
2021 $26,450 $3,090,500 $2,428,000 $662,500
2020 $14,882 $3,826,000 $3,390,000 $436,000
2019 $27,114 $3,731,300 $3,298,400 $432,900
2018 $27,114 $3,512,700 $3,092,200 $420,500
2017 $13,544 $3,989,600 $3,435,800 $553,800
2016 $21,032 $6,129,200 $4,177,600 $1,951,600
2015 $23,384 $6,801,100 $3,601,300 $3,199,800
2014 -- $4,385,900 $2,290,500 $2,095,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tracy Allen

    Coldwell Banker Realty

    (808) 927-6415

    31 in this area

    162 Total Sales

    Tracy Allen
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202023559

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-7-001-002-0000

Hawaii Honolulu County Honolulu 96821 Kuliouou-Kalani Iki

5621 Kalanianaole Hwy, Honolulu, HI

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