NOT LISTED FOR SALE

Estimated Value: $6,533,000 - $9,189,000

5 Beds
8 Baths
9,123 Sq Ft
$884/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $6,800,000 $745 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $50,618/month

75 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 23,579 Sq Ft lot
  • Aina Haina Elementary School Rated A-
  • Gated Community
  • 1-minute walk to Kawaikui Beach Park

About This Home

As of March 2017

Located in East Honolulu, secluded private estate sits up on the gated community of Hawaii Loa Ridge. A unique, oversized flag rim lot, not visible from street view, w/spectacular views of Diamond Head & Pacific Ocean.Spacious, corporate retreat features the same modern amenities as your favorite resort or spa. Well designed & extensively renovated w/quality materials & fine craftsmanship throughout. Includes all furnishings. Exotic landscape & exterior furnishings throughout, well-maintained. Ideal vacation property for private or corporate buyer looking to own this luxurious, island oasis!

Last Agent to Sell the Property

Stacie Whitfield

Drop - 2023 License #RB-19260 Listed on: 11/18/2016

Last Buyer's Agent

Frances Sagun

Royal Realty LLC License #RB-22645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,452

Year Built

  • Built in 1998

Lot Details

  • 0.54 Acre Lot
  • Property fronts a private road
  • Fenced
  • Landscaped
  • Flag Lot
  • Property is in excellent condition
  • Zoning described as 04 - R-7.5 Residential District

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • City
  • Garden

Home Design

  • Tile Roof

Interior Spaces

  • 9,123 Sq Ft Home
  • Multi-Level Property
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Schools

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

Additional Features

  • In Ground Pool
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-3-7-019-051-0000

Community Details

Amenities

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

Recreation

  • Tennis Courts

Additional Features

  • Hawaii Loa Ridge Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,452

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Architectural Style: Detached
  • Inclusions: AC Split,Auto Garage Door Opener,Blinds,Cable TV,Dishwasher,Disposal,Drapes,Dryer,Gas Grill,Lawn Sprinkler,Microwave,Range Hood,Range/Oven,Refrigerator,Security System,Smoke Detector
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1998
  • CommunityFeatures: Deck/Porch, Other, Patio, Sauna, Storage Facilities, Tennis Court(s), Gated
  • Fencing: Fenced, Wall
  • Road Frontage Type: Private Road
  • SecurityFeatures: Gated Community
  • MLS Status: Closed
  • Subdivision Name: HAWAII LOA RIDGE
  • Unit Levels: Multi/Split
  • Living Area: 9123.0
  • New Construction: No
  • Roof: Tile
  • RoomType: Entry/Foyer, Guest Quarters
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Marble
  • Furnished: Furnished
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Construction Type: Double Wall, Masonry, Stucco
  • Lot Features: Flag Lot, Interior Lot
  • Pool Features: In Ground, Pool/Spa Combo
  • Property Condition: Excellent
  • Topography: Sloping
  • View: Coastline, City, Garden, Mountain(s), Ocean, Other, Sunset
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Garage, Three or more Spaces
  • Total Parking Spaces: 3.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Other, Phone Available, Underground Utilities, Water Available

Schools

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

Lot Info

  • Parcel Number: 1-3-7-019-051-0000
  • Zoning Description: 04 - R-7.5 Residential District

Tax Info

  • Tax Annual Amount: 15452.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Feb 23, 2017
Sold by
Lerch Michael Lee
Bought by
Schultz & Coggs Limited
Seller's Agent
Stacie Whitfield
Drop - 2023
Buyer's Agent
Frances Sagun
Royal Realty LLC
List Price
$7,250,000
Sold Price
$6,800,000
Premium/Discount to List
-$450,000
-6.21%
Current Estimated Value
$8,061,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,261,968
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Tiger Inn Enterprises Ltd
Bought by
Lerch Michael Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 21, 2004
Sold by
Joseph Michael Ryan and Joseph Helen Golda
Bought by
Tiger Inn Enterprises Ltd
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
Schultz & Coggs Limited $6,800,000 Tg
Schultz & Coggs Limited $6,800,000 Tg
Lerch Michael Lee $3,350,000 Tg
Tiger Inn Enterprises Ltd $3,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lerch Michael Lee $2,345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $6,800,000 -6.2% $745 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $7,250,000 -- $795 / 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 $92,486 $8,896,100 $2,967,400 $5,928,700
2024 $92,486 $8,761,900 $2,843,800 $5,918,100
2023 $82,783 $7,910,800 $2,843,800 $5,067,000
2022 $70,499 $7,285,600 $2,843,800 $4,441,800
2021 $68,523 $7,097,400 $3,016,200 $4,081,200
2020 $69,279 $7,169,400 $3,016,200 $4,153,200
2019 $69,848 $7,223,600 $3,016,200 $4,207,400
2018 $58,518 $7,002,000 $2,874,900 $4,127,100
2017 $15,923 $4,629,500 $2,027,800 $2,601,700
2016 $15,453 $4,495,000 $1,911,500 $2,583,500
2015 $13,857 $4,039,200 $1,396,200 $2,643,000
2014 $11,623 $3,458,500 $1,329,700 $2,128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201628023

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-3-7-019-051-0000