NOT LISTED FOR SALE

701 Pahumele Way Kailua, HI 96734

Estimated Value: $1,856,000 - $2,024,000

4 Beds
2 Baths
2,263 Sq Ft
$855/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $1,700,000 $751 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,596/month

55 Days on Market

Highlights

  • Lake Front
  • Parking available for a boat
  • Heated In Ground Pool
  • Enchanted Lake Elementary School Rated 9+
  • Property is near a marina
  • Garden View

About This Home

As of December 2019

WOW~$100k PRICE REDUCTION! Stunning Enchanted Lake, Mt Olomana, Koolau & sunset views w/new custom "Smart" saltwater pool/spa combo that's so beautiful it'll take your breath away! One of a kind gorgeous Lakefront private gated home on quiet cul-de-sac! Move-in ready single level upscale home has beautifully remodeled kitchen & bathrooms w/granite counters, custom cabinets, travertine stone floors, 30 owned PV panels, double-walled, fireplace, tropical landscaping & lots of parking. So perfect for entertaining you'll want to invite everyone over or adventure out on kayaks from your backyard & paddle to Buzzs/Kailua Beach. Located near shops, eateries, world-famous beaches & all Kailua has to offer. Be warned you'll never want to leave this amazing oasis! You'll Need to See it to Believe It

Last Agent to Sell the Property

Shari Grounds

Berkshire Hathaway HmSvc HI RE License #RS-52966 Listed on: 09/11/2019

Berkshire Hathaway HmSvc HI RE

Last Buyer's Agent

Eva Hinderleider

Wise Realty License #RB-21572

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Lake Front
  • Home fronts a canal
  • Fenced
  • Landscaped
  • Level Lot
  • Property is in excellent condition
  • Zoning described as 05 - R-5 Residential District

HOA Fees

  • $26 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,263 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Laminate Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway
  • Parking available for a boat

Pool

  • Heated In Ground Pool
  • Pool Tile

Schools

  • Enchanted Lake Elementary School
  • Kailua Middle School
  • Kailua High School

Additional Features

  • Property is near a marina
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1-4-2-076-028-0000

Community Details

Overview

  • Association fees include common areas
  • Enchanted Lake Resident Association
  • Enchanted Lake Subdivision

Amenities

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

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 1968

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Architectural Style: Detached
  • Inclusions: Ceiling Fan,Dishwasher,Disposal,Dryer,Fireplace,Lawn Sprinkler,Photovoltaic - Owned,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1968
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Canal, Lakefront, Marina, Waterfront
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • MLS Status: Closed
  • Subdivision Name: ENCHANTED LAKE
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 2263.0
  • New Construction: No
  • Roof: Asphalt, Other, Shingle
  • RoomType: Entry/Foyer
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall
  • Lot Features: Cleared, Cul-De-Sac, Level
  • Pool Features: Heated, In Ground, Pool/Spa Combo, Tile
  • Property Condition: Excellent, Good Condition, Updated/Remodeled
  • Topography: Level
  • View: Canal, Garden, Mountain(s), Sunset
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Familial Relation, Seller Disclosure
  • Exterior Features: Landscaping
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Boat, Driveway, Garage, Three or more Spaces, On Street
  • Total Parking Spaces: 6.0
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Other, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 26.0

Association/Amenities

  • General Property Information:Association Name: Enchanted Lake Resident Association

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Enchanted Lake
  • High School: Kailua
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-2-076-028-0000
  • Zoning Description: 05 - R-5 Residential District

Tax Info

  • Tax Annual Amount: 3528.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 2, 2019
Sold by
Coffman Scott C and Harmony H Coffman Living Trust
Bought by
Mcdonnell John Thomas and Mcdonnell Lilian Estela
Seller's Agent
Shari Grounds
Berkshire Hathaway HmSvc HI RE
Buyer's Agent
Eva Hinderleider
Wise Realty
List Price
$1,798,888
Sold Price
$1,700,000
Premium/Discount to List
-$98,888
-5.5%
Current Estimated Value
$1,935,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,371
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,190,000
Outstanding Balance
$1,044,363
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$891,008

Purchase Details

Closed on
May 6, 2011
Sold by
Coffman O Galen and Coffman Harmony Hormel
Bought by
Coffman Ollis Galen and Coffman Harmony H

Purchase Details

Closed on
Feb 21, 2006
Sold by
Carlos Frank and Lopes Maureen
Bought by
Coffman O Galen and Coffman Harmony Hormel

Purchase Details

Closed on
Jul 6, 2000
Sold by
Carlos Eleanor Margaret
Bought by
Carlos Frank and Lopes Maureen
Source: Public Records

Range of Values:

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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
Mcdonnell John Thomas $1,700,000 Fidelity National Title & Es
Mcdonnell John Thomas $1,700,000 Fidelity National Title & Es
Coffman Ollis Galen -- Accommodation
Coffman O Galen $1,200,000 Fhtc
Carlos Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonnell John Thomas $1,190,000
Closed Mcdonnell John Thomas $1,190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $1,700,000 -5.5% $751 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $1,798,888 -- $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 $5,036 $1,562,200 $1,311,500 $250,700
2024 $5,036 $1,598,900 $1,311,500 $287,400
2023 $4,952 $1,654,800 $1,311,500 $343,300
2022 $4,711 $1,486,000 $1,152,500 $333,500
2021 $7,886 $1,322,500 $850,500 $472,000
2020 $3,374 $1,103,900 $818,700 $285,200
2019 $3,529 $1,124,600 $874,300 $250,300
2018 $3,529 $1,128,300 $826,600 $301,700
2017 $3,105 $1,007,100 $786,900 $220,200
2016 $3,016 $981,800 $747,100 $234,700
2015 $2,363 $795,100 $656,000 $139,100
2014 $2,243 $826,500 $596,300 $230,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201925626

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-2-076-028-0000