NOT LISTED FOR SALE

68-1122 N Kaniku Dr Unit 431 Kamuela, HI 96743

Estimated Value: $2,602,147 - $3,135,000

4 Beds
3.5 Baths
2,489 Sq Ft
$1,522/mo HOA Fee

Last Sold June 21, 2022

Last sale price $2,550,000 $1,025 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $19,104/month

9 Days on Market

About This Home

As of June 2022

A great opportunity to own a preferred Mahina Plan within Ka Milo at Mauna Lani.

Ka Milo #431 is being sold fully furnished and in “move in” condition. This 4 bedroom 3.5 bath unit has 2,489 square feet of air-conditioned living space and an additional 1,000+ square feet of covered and open lanai together with a spacious two car garage.

A successful vacation rental ( STVR licensed) with solid rental history and advanced bookings in place into 2023.

The open floor plan of the spacious great room and kitchen is perfect for entertaining or relaxing with family and friends in one of the best climates on the Big Island. The great room with its grass clothed high ceilings and mahogany trim is a highly desired feature. Combine this with the 9 ft pocket doors leading to the spacious lanai which is perfect for indoor/outdoor living with ocean and expansive views of the Kohala Mountains make Ka Milo #431 a true gem.

Unit includes 28 Photovoltaic panels installed in 2019 by Regis Electric.

Ka Milo is a gated community offering a 2-acre private recreation amenity with a lagoon-style pool, lap pool, 2 spas, fitness center, outdoor gathering pavilion, and event lawn. Ka Milo is located within the world-class Mauna Lani Resort, steps away from the finest shopping, dining and golf experiences as well as the most pristine beaches on the Kohala Coast.

Ka Milo Amenity Center Features:

2 acre Private Recreational Village
Two Picturesque Swimming Pools
Heated Spas
State-of-the-Art Fitness Center
Large Gathering Pavilion with BBQ Stations
Poolside Cabanas and Seating Areas
Changing Rooms with Lockers
Pool showers

New owners will enjoy the benefits of the Mauna Lani Advantage Club with access to The Home Owner's Beach Club, Napua Restaurant, golf and tennis privileges and much more.

Last Agent to Sell the Property

Jake Chancer

Hawaii Life Brokerage Phone: 8089376958 License #RB-23814 Listed on: 04/18/2022

Hawaii Life

Last Buyer's Agent

Suzanne Kilner

Paradise in Hawaii Luxury Homes, LP License #RB-24299

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,107

Year Built

  • Built in 2015

Lot Details

  • Property fronts a private road

HOA Fees

  • $1,522 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 2,489 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Ka Milo At Mauna Lani Community
  • Mauna Lani Resort Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3680220410142

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,107

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,522 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089376958
  • Co List Office Phone: 8088825600
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: MAUNA LANI RESORT
  • Unit Levels: Two
  • Living Area: 2489.0
  • Property Attached Yn: Yes
  • Year Built: 2015
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Duplex, Multi-Story, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3

Exterior Features

  • View: Mountain(s), Ocean Horizon
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1522.27
  • Association Fee Frequency: Monthly
  • Project: Ka Milo at Mauna Lani

Lot Info

  • Zoning: RM-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3680220410142
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14107.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2022
Sold by
Hawaii Holiday Property Holdings Inc
Bought by
Lee Edwin and Lee Sarah
Current Estimated Value
$2,783,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,657,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2018
Sold by
Dagger Phillip Malcolm
Bought by
Hawaii Holiday Property Holdings Inc
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
Lee Edwin -- Title Guaranty & Escrow Servic
Lee Edwin -- Title Guaranty & Escrow Servic
Hawaii Holiday Property Holdings Inc $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Edwin $1,657,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Off Market $2,550,000 -- --
06/21/2022 06/21/22 Sold $2,550,000 +11.1% $1,025 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $2,295,000 -- $922 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $28,080 $2,351,900 $217,800 $2,134,100
2024 $28,080 $2,400,000 $222,300 $2,177,700
2023 $26,944 $2,302,900 $222,300 $2,080,600
2022 $18,563 $1,586,600 $168,400 $1,418,200
2021 $14,108 $1,205,800 $126,300 $1,079,500
2020 $12,788 $1,093,000 $59,100 $1,033,900
2019 $12,788 $1,093,000 $59,100 $1,033,900
2018 $12,778 $1,092,100 $58,200 $1,033,900
2017 $13,455 $1,150,000 $58,200 $1,091,800
2016 $15,869 $1,462,600 $57,600 $1,405,000
2015 -- $57,600 $57,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 660926

Hawaii Information Service (MLS Hawaii)

APN: 3-6-8-022-041-0142