NOT LISTED FOR SALE

57-020 Kuilima Dr Unit 103 Kahuku, HI 96731

Estimated Value: $3,177,000 - $4,086,000

3 Beds
2 Baths
1,538 Sq Ft
4.54 Acres

Last Sold January 24, 2023

Last sale price $3,575,000 $2,324 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $22,283/month

18 Days on Market

Highlights

  • Beach Front
  • Heated Pool
  • Whirlpool Bathtub
  • Ocean View
  • Wood Flooring
  • Furnished

About This Home

As of January 2023

Ocean Villas 103 at Turtle Bay Resort is one of the nicest and most beautiful ocean view 3 Bedroom 2 Bath legal vacation rentals on the North Shore of Oahu. OV103 is steps away from a beautiful sandy beach & swimming pool. With its high occupancy & high cap rate, this property has excellent cashflow potential. Located on the ground floor in the the most desirable ocean view building in the gated Ocean Villas, 103 is 20 yards of grassy lawn away from the sandy beach to the left & 50 yards to the pool and BBQs to the right. This Villa has spectacular ocean views and includes a serene lanai where you can see the sandy beach and ocean. Turn-key! All luxury appliances, furnishings, artwork, kitchenware, linens, & future bookings included. Situated seconds away to a playful swimming beach & cove, The Ocean Villas at Turtle Bay is gated and includes direct access to the heated pool, jacuzzi, and BBQ's. Within the resort is a 5 Star hotel, world class golf, fine dining, surf, helicopter tours. Easy to view on short notice. Welcome home to paradise!

Last Agent to Sell the Property

Paul Javier

HomeSmart Island Homes License #RB-20364 Listed on: 12/18/2022

HomeSmart Island Homes

Last Buyer's Agent

Michael Shower

Compass License #RS-66069

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,504

Year Built

  • Built in 2005

Lot Details

  • Beach Front
  • Fenced
  • Property is in excellent condition

Property Views

  • Ocean
  • Coastline
  • Garden

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Steel Frame
  • Masonry

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Storage

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Guest Parking
  • Assigned Parking
  • Secure Parking

Outdoor Features

  • Heated Pool
  • Patio
  • Outdoor Grill

Schools

  • Kahuku Elementary And Middle School
  • Kahuku High School

Utilities

  • Central Air
  • Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Ground Level Unit

Community Details

Overview

  • Association fees include maintenance, sewer
  • Low-Rise Condominium
  • Ocean Villas At Turtle Bay Condos

Additional Features

  • Community Storage Space
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,504

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Architectural Style: Condotel, Low-Rise 6 or Less Stories
  • Building Name: Ocean Villas at Turtle Bay
  • Inclusions: AC Central, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Washer, Water Heater
  • PropertyFrontage: Ocean, Sandy Beach, Waterfront
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 1538
  • Fill Sq Ft Total: 1698
  • Stories Type: One
  • Year Built: 2005
  • Attribution Contact: (808) 729-7643
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Amenities: BBQ, Heated Pool, Patio/Deck, Pool on Property, Security Guard, Storage, Wall/Fence, Whirlpool
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood
  • Entry Floor: 1
  • Furnished: Full
  • Unit Features: ADA Accessible, ADA Compliant, Bedroom on 1st Level, Central AC, Full Bath on 1st Floor, Ground Floor Unit, Odd# Unit, Single Level, Storage

Exterior Features

  • Construction Type: Concrete, Double Wall, Masonry/Stucco, Steel Frame
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: Coastline, Garden, Ocean

Garage/Parking

  • Parking Features: Assigned, Guest, Open - 1, Secured Entry
  • Total Parking Spaces: 1

Association/Amenities

  • AssociationFee2Includes: Association, Maintenance, Sewer

Schools

  • Elementary School: Kahuku
  • Middle School: Kahuku
  • High School: Kahuku
  • Elementary School: Kahuku
  • High School: Kahuku
  • Middle Or Junior School: Kahuku

Multi Family

  • Maintenance Expense: 1691.16

Tax Info

  • Tax Annual Amount: 30504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Jan 17, 2023
Sold by
Aloha J5 Llc
Bought by
Mosier Chris Lynn
Seller's Agent
Paul Javier
HomeSmart Island Homes
Buyer's Agent
Michael Shower
Compass
List Price
$3,995,000
Sold Price
$3,575,000
Premium/Discount to List
-$420,000
-10.51%
Current Estimated Value
$3,661,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,552
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Aug 22, 2016
Sold by
Jpo Inc
Bought by
Aloha J5 Llc

Purchase Details

Closed on
Jun 12, 2014
Sold by
Johnson Edward
Bought by
Jpo Inc

Purchase Details

Closed on
Feb 3, 2012
Sold by
Andersen James Brandt
Bought by
Johnson Edward

Purchase Details

Closed on
Aug 19, 2005
Sold by
Ocean Villas Development Llc
Bought by
Andersen James Brandt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,552,500
Interest Rate
5.12%
Mortgage Type
Unknown
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
Mosier Chris Lynn -- Title Guaranty & Escrow Servic
Aloha J5 Llc -- None Available
Jpo Inc $1,239,600 None Available
Jpo Inc $1,239,600 None Available
Johnson Edward $940,000 Fam
Johnson Edward $940,000 Fam
Andersen James Brandt $1,725,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aloha J5 Llc $750,000
Previous Owner Aloha J5 Llc $757,500
Previous Owner Andersen James Brandt $1,552,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Off Market $3,575,000 -- --
01/24/2023 01/24/23 Sold $3,575,000 -10.5% $2,324 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/18/2022 12/18/22 For Sale $3,995,000 -- $2,598 / 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 $33,285 $3,553,400 $538,500 $3,014,900
2024 $33,285 $3,068,300 $491,100 $2,577,200
2023 $41,906 $3,014,800 $491,100 $2,523,700
2022 $30,505 $2,194,600 $447,100 $1,747,500
2021 $30,346 $2,183,200 $447,100 $1,736,100
2020 $28,945 $2,082,400 $511,400 $1,571,000
2019 $29,543 $2,125,400 $508,000 $1,617,400
2018 $25,599 $1,984,400 $491,100 $1,493,300
2017 $23,055 $1,787,200 $440,300 $1,346,900
2016 $21,908 $1,698,300 $362,400 $1,335,900
2015 $7,341 $1,287,900 $348,900 $939,000
2014 $14,915 $977,200 $348,900 $628,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202225922

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-5-7-001-013-0003