NOT LISTED FOR SALE

72-140 Kaelewaa Place Kailua-Kona, HI 96740

Estimated Value: $9,080,000 - $13,765,535

4 Beds
4.5 Baths
4,550 Sq Ft
$2,453/Sq Ft Est. Value

Last Sold June 20, 2013

Last sale price $5,600,000 $1,231 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $69,210/month

4 Days on Market

Highlights

  • In Ground Pool
  • Detached Garage
  • 1-Story Property

About This Home

As of June 2013

Completed in May 2013.
Stroll through the tropically landscaped courtyard and past the calming water feature to enter this newly constructed gem. Pocket doors and windows open to spectacular views of blue skies, green grass and dark lava. The great room features vaulted ceilings with exposed beams and open access to a kitchen that any chef will surely love. Open breezeways lead you to each of the separate bedrooms that will leave you feeling like you've come home to your own spa.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club; an oceanfront private club with world class amenities including Tom Fazio designed 18-hole Championship Golf Course and 10-hole short course, two clubhouses with private dining, sports complex, ocean pursuits center, and a comprehensive indoor and outdoor spa. Gatehouse entry with 24-hour manned security.

Last Agent to Sell the Property

Jim Schneider

Kukio Properties Brokerage Phone: 8083455766 License #RB-20149 Listed on: 05/12/2013

Last Buyer's Agent

Jim Schneider

Kukio Properties Brokerage Phone: 8083455766 License #RB-20149 Listed on: 05/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,293

Year Built

  • Built in 2009

Lot Details

  • Property fronts a private road
  • Property is zoned RM-6

Parking

  • Detached Garage

Home Design

  • Double Stud Wall

Interior Spaces

  • 4,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool

Utilities

  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Community Details

  • Kukio Community
  • Kukio Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / P3N9
  • Assessor Parcel Number 3720270090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,293

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: None
  • Attribution Contact: 8083455766
  • Co List Office Phone: 8083254040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KUKIO
  • Unit Levels: One
  • Living Area: 4550.0
  • Property Attached Yn: No
  • Year Built: 2009
  • Tax Year: 2012
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Design: Double Wall

Exterior Features

  • Topography: Graded
  • Pool Features: In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Covered, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Kukio

Lot Info

  • Zoning: RM-6
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3720270090000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24293.0
  • Tax Block: P3N9
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2019
Sold by
Price Sndra and Otellini Family Trust
Bought by
Price Sandra and Otellini Family Marital Trust
Current Estimated Value
$11,162,178

Purchase Details

Listed on
May 12, 2013
Closed on
Jun 12, 2013
Sold by
Honu House Llc
Bought by
Otellini Paul S and Price Sandra
Seller's Agent
Jim Schneider
Kukio Properties
Buyer's Agent
Jim Schneider
Kukio Properties
List Price
$6,250,000
Sold Price
$5,600,000
Premium/Discount to List
-$650,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Tdm Beach Villas Llc
Bought by
Honu House Llc
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
Price Sandra -- None Available
Otellini Paul S $5,600,000 Title Guaranty Escrow Svcs I
Honu House Llc $1,984,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honu House Llc $3,472,000
Previous Owner Tdm Beach Villas Llc $4,989,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2013 06/20/13 Sold $5,600,000 -10.4% $1,231 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $6,250,000 -- $1,374 / 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 $100,677 $8,731,200 $2,658,900 $6,072,300
2024 $100,677 $7,770,400 $2,061,400 $5,709,000
2023 $92,021 $7,133,900 $1,824,500 $5,309,400
2022 $92,021 $7,133,900 $1,824,500 $5,309,400
2021 $81,447 $6,356,400 $1,754,400 $4,602,000
2020 $77,022 $6,031,000 $1,519,200 $4,511,800
2019 $67,395 $6,071,600 $1,925,000 $4,146,600
2018 $78,890 $7,107,200 $1,925,000 $5,182,200
2017 $74,613 $6,721,900 $1,734,200 $4,987,700
2016 $62,346 $6,536,200 $1,734,200 $4,802,000
2015 -- $5,002,100 $1,734,200 $3,267,900
2014 -- $4,153,500 $1,298,800 $2,854,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 262389

Hawaii Information Service (MLS Hawaii)

APN: 3-7-2-027-009-0000