NOT LISTED FOR SALE

72-3002 Kakapa Place Unit C39 Kailua-Kona, HI 96740

Estimated Value: $5,859,000 - $9,399,173

4 Beds
4.5 Baths
2,874 Sq Ft
$2,767/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $5,300,000 $1,844 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $53,051/month

30 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • 1-Story Property
  • Outdoor Pool
  • Detached Garage
  • 1-minute walk to Kikaua Point Park

About This Home

As of May 2014

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: 03/10/2014

Last Buyer's Agent

Ben Garner

Kukio Properties License #RB-22150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,179

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Property is zoned PD

HOA Fees

  • $2,616 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 2,874 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3720190220009

Community Details

Overview

  • Kikaua Point Cottages Community
  • Kukio Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,179

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,616 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoSecurityFeatures: Gated Community
  • Attribution Contact: 8083455766
  • Co List Office Phone: 8083254040
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KUKIO
  • Unit Levels: One
  • Living Area: 2874.0
  • Property Attached Yn: No
  • Year Built: 2003
  • Tax Year: 2013
  • HIS_PoolYN: Yes
  • Unit Description: Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InternetAccess: DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4

Exterior Features

  • View: HIS Coastline, Ocean
  • Pool Features: 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: 2616.0
  • Association Fee Frequency: Monthly
  • Project: KIKAUA POINT COTTAGES

Lot Info

  • Zoning: PD
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3720190220009
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 45179.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Kanoff Mary Ellen
Bought by
Kanoff Chris Milan and Kanoff Mary Ellen
Current Estimated Value
$7,951,058

Purchase Details

Listed on
Mar 10, 2014
Closed on
May 16, 2014
Sold by
Ricks Mary L
Bought by
Chris & Mary Ellen Kanoff Trust
Seller's Agent
Jim Schneider
Kukio Properties
Buyer's Agent
Ben Garner
Kukio Properties
List Price
$5,650,000
Sold Price
$5,300,000
Premium/Discount to List
-$350,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$3,445,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2010
Sold by
Mcmorrow William J
Bought by
Ricks Mary L and Mary L Ricks Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Wb Kukio Resort Llc
Bought by
Mcmorrow William J and William J Mcmorrow Revocable Trust
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
Kanoff Chris Milan -- None Available
Kanoff Chris Milan -- None Available
Kanoff Chris Milan -- None Available
Chris & Mary Ellen Kanoff Trust $5,300,000 Title Guaranty Escrow Svcs I
Ricks Mary L $5,300,000 Tg
Mcmorrow William J $5,334,857 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanoff Chris Milan $2,925,000
Closed Kanoff Chris Milan $3,335,000
Closed Chris & Mary Ellen Kanoff Trust $3,445,000
Previous Owner Ricks Mary L $3,000,000
Previous Owner Ricks Mary L $3,000,000
Previous Owner Ricks Mary L $3,000,000
Previous Owner Ricks Mary L $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $5,300,000 -6.2% $1,844 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $5,650,000 -- $1,966 / 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 $82,822 $7,927,000 $1,629,000 $6,298,000
2024 $82,822 $7,078,800 $1,455,600 $5,623,200
2023 $82,822 $7,078,800 $1,455,600 $5,623,200
2022 $68,909 $5,889,700 $1,265,800 $4,623,900
2021 $63,347 $5,414,300 $1,145,800 $4,268,500
2020 $56,400 $5,076,900 $1,091,200 $3,985,700
2019 $59,400 $5,076,900 $1,091,200 $3,985,700
2018 $63,870 $5,459,000 $1,091,200 $4,367,800
2017 $53,671 $4,587,300 $1,091,200 $3,496,100
2016 $53,639 $4,943,700 $1,091,200 $3,852,500
2015 $43,174 $4,440,600 $1,091,200 $3,349,400
2014 $43,174 $4,280,100 $1,091,200 $3,188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 271640

Hawaii Information Service (MLS Hawaii)

APN: 3-7-2-019-022-0009