NOT LISTED FOR SALE

703 Kihapai Place Unit 1 Kailua, HI 96734

Estimated Value: $1,580,438 - $1,948,000

2 Beds
1 Bath
600 Sq Ft
$2,974/Sq Ft Est. Value

Highlights

  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Kailua Intermediate School Rated A-

About This Home

As of November 2021

AVAILABLE NOVEMBER 1, 2021. Two bedroom/one bath half of a duplex in Kailua Town. Close to bus, shopping, grocery stores. Includes one parking space. Washer and dryer hookups located by back staircase. Stove and refrigerator in unit. Can be rented month to month, 6 months or a year. The apartment is part of an 8 unit complex that is listed for sale, but we are taking long term tenants, and all leases/tenants will convey with a sale. Water is paid. Tenant pays electric, cable, internet and phone.
For Showings: Monta R Koch, RS Sterman Realty, Ltd 808-222-6336 montakoch@gmail.com

UNIT 707 #4 IS ALSO AVAILABLE ON NOVEMBER 15, 2021; HAS A SMALL BACK YARD AREA BY THE STREAM; $1,950. WATER PAID

Last Agent to Rent the Property

Monta Koch

Sterman Realty License #RS-50726 Listed on: 10/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 1956 | Remodeled in 2012

Lot Details

  • 6,000 Sq Ft Lot
  • No Unit Above or Below
  • Property is in average condition

Home Design

  • Duplex

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Fire and Smoke Detector
  • Oven or Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • Kailua Elementary And Middle School
  • Castle High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,233

Year Built

Built in 1956 | Remodeled in 2012

Lot Details

0

Listing Details

  • Architectural Style: Attached, Duplex, Multiple Dwellings, No Unit Above or Below
  • PropertyFrontage: Other
  • Prop. Type: Rental
  • Sq Ft RoofedLiving: 600
  • Fill Sq Ft Total: 600
  • Stories Type: One
  • Year Built: 1956
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Vinyl
  • Furnished: Partial
  • Unit Features: Cable TV, Ceiling Fan, Range/Oven, Refrigerator, Smoke Detector

Exterior Features

  • Flood Zone: Zone A
  • Property Condition: Average
  • View: None

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

  • Utilities: Hot Water, Trash

Schools

  • Elementary School: Kailua
  • Middle School: Kailua
  • High School: Castle
  • Elementary School: Kailua
  • High School: Castle
  • Middle Or Junior School: Kailua

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Walter Dilks John
Bought by
703 Kihapai Partners Llc
Current Estimated Value
$1,784,110

Purchase Details

Closed on
May 10, 2017
Sold by
Krebs Kenneth Vaughn
Bought by
Dilks John Walter and Dilks Patricia Kay

Purchase Details

Closed on
Feb 14, 2005
Sold by
Dalessio Ronald Peter
Bought by
Krebs Kenneth Vaughn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back
Source: Public Records

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
703 Kihapai Partners Llc $1,490,000 Old Republic Title
703 Kihapai Partners Llc $1,490,000 Old Republic Title
Dilks John Walter $1,800,000 Or
Dilks John Walter $1,800,000 Or
Krebs Kenneth Vaughn $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krebs Kenneth Vaughn $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Rented $1,900 0.0% --
10/25/2021 10/25/21 For Rent $1,900 +2.7% --
01/04/2021 01/04/21 Rented $1,850 0.0% --
01/04/2021 01/04/21 For Rent $1,850 0.0% --
04/10/2020 04/10/20 Rented $1,850 +10.4% --
03/11/2020 03/11/20 Under Contract -- -- --
06/28/2018 06/28/18 For Rent $1,675 -- --
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 $5,233 $1,589,300 $1,408,000 $181,300
2024 $5,233 $1,495,100 $1,312,000 $183,100
2023 $5,219 $1,491,000 $1,312,000 $179,000
2022 $4,885 $1,395,700 $1,312,000 $83,700
2021 $4,290 $1,225,600 $1,140,000 $85,600
2020 $4,098 $1,170,800 $1,080,000 $90,800
2019 $2,818 $1,110,200 $1,020,000 $90,200
2018 $2,818 $805,100 $720,000 $85,100
2017 $2,760 $788,500 $690,000 $98,500
2016 $2,690 $768,600 $672,000 $96,600
2015 $2,548 $728,000 $636,000 $92,000
2014 -- $707,300 $618,000 $89,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2021

    Monta Koch

    Sterman Realty

    (808) 637-6200

    15 Total Sales

    Monta Koch
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202126648

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-058-040-0000

Hawaii Honolulu County Kailua 96734

703 Kihapai Place Unit 1, Kailua, HI

This home is located at 703 Kihapai Place Unit 1, Kailua, HI 96734 since 25 October 2021 and is currently priced at $1,784,110. This property was built in 1956. 703 Kihapai Place Unit 1 is a home located in Honolulu County with nearby schools including Kailua Elementary School, Kailua Intermediate School, and Kalaheo High School.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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