$3,120,000
SOLD JUN 27, 2022

605 Milokai St Kailua, HI 96734

5 Beds
3 Baths
4,380 Sq Ft
10,030 Sq Ft Lot

Recently Sold

$712 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wine Refrigerator
  • Aikahi Elementary School Rated A-
  • Marble Flooring
  • Ceiling Fan

About This Home

As of June 2022

Absolutely breathtaking views greet everyone who steps inside this architecturally distinctive oceanfront home in Kaimalino. You’ll fall in love with the soaring wood ceilings, the spectacular entrance with dual spiral staircases and the layout of this 5 bedroom/3 bath house. The house boasts all new windows and doors, vinyl flooring on the first floor, new roof, split AC’s, an upgraded bathroom with custom designed vanity and a huge master suite with stunning ocean views. A gorgeous pool and hot tub await you on the front side of the home, while floor-to-ceiling windows on the back side capture the panoramic views of the mesmerizing pacific blue ocean waters, whales and the world famous Mokulua Islands. A few upgrades will make this a true waterfront oasis in Kaimalino, which features 10,000+ square foot lots and is one of Kailua’s most sought-after neighborhoods.

Last Agent to Sell the Property

Stacy Paris

REMAX Hawaii License #RS-79768 Listed on: 04/29/2022

REMAX Hawaii

Last Buyer's Agent

Kyle Sakoda

Coldwell Banker Realty License #RS-63657

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,838

Year Built

  • Built in 1981 | Remodeled in 2022

Lot Details

  • 10,030 Sq Ft Lot
  • Ocean Front
  • Level Lot
  • Cleared Lot
  • Property is in excellent condition

Property Views

  • Ocean
  • Coastline

Home Design

  • Masonry

Interior Spaces

  • 4,380 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Pool Tile

Schools

  • Aikahi Elementary School
  • Kailua Middle School
  • Kalaheo High School

Utilities

  • Mini Split Air Conditioners
  • Water Heater
  • Cesspool
  • Internet Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,838

Year Built

Built in 1981 | Remodeled in 2022

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Split, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater, Wine Refrigerator
  • PropertyFrontage: Ocean
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 4380
  • Fill Sq Ft Total: 4486
  • Stories Type: Two
  • Year Built: 1981
  • Year Renovated: 2022
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Marble/Granite, Vinyl, W/W Carpet
  • Furnished: None

Exterior Features

  • Construction Type: Double Wall, Masonry/Stucco
  • Easements: None
  • Flood Zone: Zone AE
  • Lot Features: Clear
  • Pool Features: In Ground, Spa/HotTub, Tile
  • Property Condition: Above Average, Excellent
  • Topography: Level, Other
  • View: Coastline, Ocean, Sunrise

Garage/Parking

  • Parking Features: 3 Car+, Garage
  • Total Parking Spaces: 4
  • Sq Ft GarageCarport: 342

Utilities

  • Utilities: Cable, Cesspool, Internet, Overhead Electricity

Schools

  • Elementary School: Aikahi
  • Middle School: Kailua
  • High School: Kalaheo
  • Elementary School: Aikahi
  • High School: Kalaheo
  • Middle Or Junior School: Kailua

Tax Info

  • Tax Annual Amount: 6837.96

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
REMAX Hawaii
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
$3,695,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,939
Avg. Annual Appreciation
5.60%
Original Mortgage
$600,000
Outstanding Balance
$577,049
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$3,118,890

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Hawaii Escrow & Title
Interfamily Deed Transfer -- Fam
Warranty Deed $2,450,000 Fam
Interfamily Deed Transfer -- Fam
Warranty Deed $2,650,000 --
Warranty Deed $795,000 --
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $2,064,800 New Conventional
Previous Owner $1,920,000 New Conventional
Previous Owner $120,000 Stand Alone Second
Previous Owner $392,500 Credit Line Revolving
Previous Owner $1,855,000 Purchase Money Mortgage
Previous Owner $700,000 Seller Take Back
Closed $132,500 No Value Available
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
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 $32,009 $3,798,100 $2,403,600 $1,394,500
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

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202205912

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-4-039-009-0000