NOT LISTED FOR SALE

568 Ulukanu St Kailua, HI 96734

Estimated Value: $1,579,000 - $1,733,000

4 Beds
3 Baths
2,158 Sq Ft
$773/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,575,000 $730 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,251/month

104 Days on Market

Highlights

  • Sauna
  • Mountain View
  • Patio
  • Maunawili Elementary School Rated A
  • Solar owned by seller
  • 4-minute walk to Pōhākupu Mini Park

About This Home

As of February 2024

Enjoy this breezy and peaceful single level home in the charming Olomana neighborhood of Kailua. This well-maintained home provides a versatile floor plan to accommodate many living arrangements. The spacious covered lanai and lush manicured back yard, including a hot tub, planter beds, and yard space, create the perfect private oasis. The back yard includes a storage shed, mountain views, lilkoi, avocado and papaya trees. Two bedrooms and one bathroom create a separate, attached, living space with a private entrance. The separate living space provides a perfect opportunity for rental income.

Included in the Kailua school district, minutes from downtown Kailua and pristine beaches, and close access to the Pali and H3 highways for commuting, this is an ideal location. Please contact listing agent with any questions or showing requests.

Tax records and actual bedroom count differ.

Last Agent to Sell the Property

Elliott Basler

Drop - 2025 License #RS-80149 Listed on: 11/17/2023

Last Buyer's Agent

Erin Ellis

LUVA Real Estate License #RB-24418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1961 | Remodeled in 2022

Lot Details

  • 7,806 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in excellent condition

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,158 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sauna
  • Vinyl Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Solar owned by seller
  • Solar Heating System

Schools

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

Utilities

  • Window Unit Cooling System
  • Water Heater
  • Sewer Tap Fee
  • Internet Available

Additional Features

  • Handicap Accessible
  • Patio

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,981

Year Built

Built in 1961 | Remodeled in 2022

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Window Unit, Auto Garage Door Opener, Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer, Water Heater
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 2158
  • Fill Sq Ft Total: 2158
  • Stories Type: One
  • Year Built: 1961
  • Year Renovated: 2022
  • Attribution Contact: (808) 389-4004
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Amenities: ADA Accessible, Bedroom on 1st Floor, Full Bath on 1st Floor, Landscaped, Patio/Deck, Sauna, Storage, Wall/Fence
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Vinyl
  • Furnished: None

Exterior Features

  • Construction Type: Concrete, Double Wall, Hollow Tile, Slab, Vinyl, Wood Frame
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: None
  • Property Condition: Excellent
  • Topography: Level
  • View: Mountain

Garage/Parking

  • Parking Features: 3 Car+, Driveway, Garage
  • Total Parking Spaces: 4
  • Sq Ft GarageCarport: 200

Utilities

  • Utilities: Internet, Overhead Electricity, Public Water, Sewer Fee

Association/Amenities

  • AssociationFee2Includes: None

Schools

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

Tax Info

  • Tax Annual Amount: 3981.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 26, 2024
Sold by
Reis Wayne R and Revocab Diane
Bought by
Vaughn Chad Alan and Matheney Vaughn Jennifer
Seller's Agent
Elliott Basler
Drop - 2025
Buyer's Agent
Erin Ellis
LUVA Real Estate
List Price
$1,700,000
Sold Price
$1,575,000
Premium/Discount to List
-$125,000
-7.35%
Views
15
Current Estimated Value
$1,667,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,940
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,575,000
Outstanding Balance
$1,550,188
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$120,868

Purchase Details

Closed on
Apr 21, 2023
Sold by
Reis Wayne R and Reis Diane M
Bought by
Wayne R Reis And Diane M Skyland Revocable Jo

Purchase Details

Closed on
Feb 11, 2021
Sold by
Reis Wayne R
Bought by
Reis Wayne R and Reis Alana Katherine

Purchase Details

Closed on
Nov 12, 2019
Sold by
Reis Wayne R and Wayne R Reis Trust
Bought by
Reis Wayne R

Purchase Details

Closed on
Jan 23, 2002
Sold by
Reis Wayne R and Reis Marilyn A
Bought by
Reis Wayne R and Wayne R Reis Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.17%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Reis Marilyn A and Reis Wayne Ronald
Bought by
Reis Wayne R and Reis Marilyn A

Purchase Details

Closed on
Dec 21, 1995
Sold by
Hart Madeline M and Reis Wayne Ronald
Bought by
Reis Wayne Ronald and Reis Marilyn Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vaughn Chad Alan -- Tge
Wayne R Reis And Diane M Skyland Revocable Jo -- None Listed On Document
Reis Wayne R -- None Listed On Document
Reis Wayne R -- None Available
Reis Wayne R -- None Available
Reis Wayne R -- None Available
Reis Wayne R -- None Available
Reis Wayne R -- None Available
Reis Wayne R -- None Available
Reis Wayne R -- --
Reis Wayne R -- --
Reis Wayne R -- --
Reis Wayne Ronald -- --
Hart Madeline M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Chad Alan $1,575,000
Previous Owner Reis Wayne R $250,000
Previous Owner Reis Wayne R $20,000
Previous Owner Reis Wayne R $150,000
Previous Owner Reis Wayne R $223,000
Previous Owner Reis Wayne R $237,262
Previous Owner Reis Wayne R $174,000
Previous Owner Hart Madeline M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,575,000 -7.4% $730 / Sq Ft
11/17/2023 11/17/23 For Sale $1,700,000 -- $788 / 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 $4,366 $1,653,400 $1,186,200 $467,200
2024 $4,366 $1,407,500 $1,186,200 $221,300
2023 $3,824 $1,377,500 $1,186,200 $191,300
2022 $3,824 $1,232,700 $1,040,800 $191,900
2021 $3,179 $1,048,300 $811,200 $237,100
2020 $3,183 $1,049,400 $788,000 $261,400
2019 $3,248 $1,048,000 $757,700 $290,300
2018 $2,863 $937,900 $742,500 $195,400
2017 $2,757 $907,700 $681,900 $225,800
2016 $2,742 $903,400 $636,400 $267,000
2015 $2,454 $821,000 $606,100 $214,900
2014 $2,478 $788,200 $575,800 $212,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202325725

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-042-016-0000