NOT LISTED FOR SALE

72-3008 Kakapa Place Unit C36 Kailua-Kona, HI 96740

Estimated Value: $6,578,000 - $9,582,625

5 Beds
5.5 Baths
3,370 Sq Ft
$2,502/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $4,800,000 $1,424 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $52,429/month

Highlights

  • Concierge
  • Tennis Courts
  • Gated Community
  • Ocean View
  • Pool and Spa
  • 1-minute walk to Kikaua Point Park

About This Home

As of January 2015

Kukio’s spacious 5-bedroom cottage affords the perfect setting to get together with family and friends at one of the world’s most private and sophisticated addresses. The main living areas, dining spaces and master bedroom are oriented to coastline views; built with rustic elegant materials conveying a strong sense of craftsmanship with exposed timber framing and exotic woodwork.
Sitting on 19,614 sq ft of land, this cottage harmoniously blends with the Hawaiian landscape and affords sweeping ocean, coastal and white water views; enjoy the scenery and gratifying sound of the ocean day and night.
A true masterpiece successfully incorporating the desired indoor-outdoor experience: detached guest hales, an open courtyard, outdoor showers, lush tropical gardens and infinity-edge pool and spa.
Prime location a few steps away from the ocean and the Kukio Beach Club and Spa, featuring dining pavilion, beach bar, fitness facility, concierge, ocean sports and swimming pools. Choose between playing high-ranked Tom Fazio’s 18-Hole Golf Course or the 10-Hole Course including seven par three and four par four holes. Or explore Hawaii’s ocean paddling outrigger canoes, surfing, snorkeling and sailing.
Property owners are extended the opportunity to apply for a membership to the Kukio Golf and Beach Club.

Last Agent to Sell the Property

Harold Clarke

MegaCapital Hawaii Corp Brokerage Phone: License #RB-21622 Listed on: 01/21/2015

Last Buyer's Agent

Eileen Lacerte

Better Homes and Gardens Real Estate Island Lifestyle License #RB-18226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,494

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Stone Wall
  • Landscaped
  • Level Lot
  • Property is zoned PD

HOA Fees

  • $2,824 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • 3,370 Sq Ft Home

Kitchen

  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • In Ground Pool
  • Gunite Pool
  • Pool Tile

Outdoor Features

  • Tennis Courts

Utilities

  • Underground Utilities
  • Private Water Source
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 3720190220006

Community Details

Overview

  • Kikaua Point Cottages Community
  • Kukio Subdivision

Amenities

  • Concierge
  • Clubhouse

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,494

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,824 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: Clubhouse, Concierge
  • Reso Fencing: Stone
  • Road Frontage Type: Other
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: Other
  • ResoSecurityFeatures: Gated Community, Security Guard, Security Patrol, Security System, Smoke Detector(s)
  • Attribution Contact: 2820689
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KUKIO
  • Living Area: 3370.0
  • Property Attached Yn: No
  • Year Built: 2003
  • Tax Year: 2013
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InternetAccess: Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Indoor Grill, Microwave, Range, Refrigerator, Trash Compactor, Washer, Wine Cooler
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 5

Exterior Features

  • Topography: Fairly Level
  • View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon, Other
  • Pool Features: Gunite, In Ground, Pool/Spa Combo, Tile
  • Waterfront: No
  • Exterior Features: Lightning, Tennis Court(s)
  • Roads: Other, Private, Street Lights

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Cash
  • Sewer: Other
  • Utilities: Electricity Available, Other, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 2824.18
  • Association Fee Frequency: Monthly
  • Project: KIKAUA POINT COTTAGES

Lot Info

  • Zoning: PD
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3720190220006
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 46494.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Jan 14, 2015
Sold by
Larsen Niels T and Larsen Susan E
Bought by
Barrack Kukio Partners Llc
Seller's Agent
Harold Clarke
MegaCapital Hawaii Corp
Buyer's Agent
Eileen Lacerte
Better Homes and Gardens Real Estate Island Lifestyle
List Price
$4,990,000
Sold Price
$4,800,000
Premium/Discount to List
-$190,000
-3.81%
Current Estimated Value
$7,772,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,972,158
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wb Kukio Resorts Llc
Bought by
Larsen Niels T and Larsen Susan E
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
Barrack Kukio Partners Llc $4,800,000 Title Guaranty Escrow Svcs I
Larsen Niels T $5,519,171 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrack Kukio Partners Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2015 01/21/15 Sold $4,800,000 -3.8% $1,424 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $4,990,000 -- $1,481 / 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 $84,621 $8,099,100 $1,833,600 $6,265,500
2024 $84,621 $7,232,600 $1,638,400 $5,594,200
2023 $84,621 $7,232,600 $1,638,400 $5,594,200
2022 $70,489 $6,024,700 $1,424,700 $4,600,000
2021 $64,772 $5,536,100 $1,289,600 $4,246,500
2020 $60,763 $5,193,400 $1,228,200 $3,965,200
2019 $60,763 $5,193,400 $1,228,200 $3,965,200
2018 $65,210 $5,573,500 $1,228,200 $4,345,300
2017 $55,064 $4,706,300 $1,228,200 $3,478,100
2016 $54,910 $5,060,800 $1,228,200 $3,832,600
2015 $44,995 $4,560,400 $1,228,200 $3,332,200
2014 $44,995 $4,400,600 $1,228,200 $3,172,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 280722

Hawaii Information Service (MLS Hawaii)

APN: 3-7-2-019-022-0006