$3,139,000 - $3,778,000
RENTED MAY 22, 2024

605 Milokai St Kailua, HI 96734

5 Beds
3 Baths
4,486 Sq Ft
$774 Price per Sq Ft

Last Sold June 27, 2022

Last sale price $3,120,000 $695 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,915/month

About This Home

As of June 2022

Rarely available oceanfront home in desirable Kailua. Spectacular entrance with dual spiral staircases extending out to soaring wood ceilings and floor to ceiling windows overlooking the gorgeous views of the ocean and coastline. This 5 bdr/3 bth home features an open layout with new carpet, new paint, split AC in every room, large open kitchen, and a huge primary suite with an upgraded bathroom and walk-in closet. Enjoy the outdoors by taking a swim in this gorgeous pool and hot tub. Sought after neighborhood convenient to the beaches, shopping centers, schools, and highway access. No pets. NO VIRTUAL SHOWINGS. MUST VIEW IN PERSON BEFORE APPLYING.

VIEWING MUST BE SCHEDULED ONLINE. To see details of all listings, schedule a viewing or apply go to: https://app.tenantturner.com/listings/pinnaclemanagementgroup (copy/paste on browser if needed).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 21, 2022
Sold by
Obadiah R Elkins Revocable Trust
Bought by
1412 Empire Llc
Seller's Agent
Stacy Paris
BHGRE Advantage Realty
Buyer's Agent
Kyle Sakoda
Coldwell Banker Realty
List Price
$3,195,000
Sold Price
$3,120,000
Premium/Discount to List
-$75,000
-2.35%
Current Estimated Value
$3,471,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,893
Avg. Annual Appreciation
3.79%
Original Mortgage
$600,000
Outstanding Balance
$577,779
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$2,894,114

Purchase Details

Closed on
Sep 25, 2020
Sold by
Elkins Obadiah Richtel and Elkins Mary Valenciano
Bought by
Elkins Obadiah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Larue Jacob Louie and Larue Inmi Song
Bought by
Valleau Neil Phillip and Valleau Vikki Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1998
Sold by
Shulman Stephen Leonard and Shulman Kim Ann
Bought by
Larue Jacob Louie and Larue Inmi Song

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 1996
Sold by
Ganzer Glen Dale and Ganzer Jean Elizabeth
Bought by
Shulman Stephen Leonard and Shulman Kim Ann

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
1412 Empire Llc -- Hawaii Escrow & Title
Elkins Obadiah R -- Fam
Elkins Obadiah Richtel $2,450,000 Fam
Elkins Obadiah R -- Fam
Valleau Neil Phillip $2,650,000 --
Larue Jacob Louie $795,000 --
Shulman Stephen Leonard $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1412 Empire Llc $600,000
Previous Owner Obadiah R Elkins Revocable Tru $2,064,800
Previous Owner Elkins Obadiah R $1,920,000
Previous Owner Elkins Obadiah Richtel $120,000
Previous Owner Valleau Neil Phillip $392,500
Previous Owner Valleau Neil Phillip $1,855,000
Previous Owner Larue Jacob Louie $700,000
Closed Valleau Neil Phillip $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Rented $9,000 0.0% --
04/18/2024 04/18/24 Price Changed $9,000 -5.3% $2 / Sq Ft
02/12/2024 02/12/24 For Rent $9,500 0.0% --
06/28/2022 06/28/22 Off Market $3,120,000 -- --
06/27/2022 06/27/22 Sold $3,120,000 -2.3% $712 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $3,195,000 -- $729 / Sq Ft

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
2024 $32,009 $3,456,900 $2,100,600 $1,356,300
2023 $33,869 $3,620,100 $2,100,600 $1,519,500
2022 $10,886 $3,210,300 $1,940,600 $1,269,700
2021 $6,838 $2,053,800 $1,540,500 $513,300
2020 $7,134 $2,178,400 $1,760,500 $417,900
2019 $16,879 $2,290,100 $1,840,600 $449,500
2018 $16,879 $2,375,400 $1,840,600 $534,800
2017 $12,888 $2,148,000 $1,720,500 $427,500
2016 $15,374 $2,562,300 $1,760,500 $801,800
2015 $14,489 $2,414,800 $1,700,500 $714,300
2014 $4,897 $1,892,900 $1,000,300 $892,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gavin Toguchi

    Pinnacle Management Group LLC

    (808) 688-6633

    18 Total Sales

    Gavin Toguchi
    Section Image

  • S

    Seller's Agent in 2022

    Stacy Paris

    BHGRE Advantage Realty

    (808) 387-8189

    5 in this area

    53 Total Sales

    Stacy Paris
    Section Image

  • K

    Buyer's Agent in 2022

    Kyle Sakoda

    Coldwell Banker Realty

    (808) 728-7198

    1 in this area

    19 Total Sales

    Kyle Sakoda
    Section Image
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Map

Hawaii Honolulu County Kailua 96734

605 Milokai St, Kailua, HI

Homes for Sale in Kailua, HI

This home is located at 605 Milokai St, Kailua, HI 96734 and is currently estimated at $3,471,893, approximately $773 per square foot. 605 Milokai St is a home located in Honolulu County with nearby schools including Aikahi Elementary School, Kailua Intermediate School, and Kalaheo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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