NOT LISTED FOR SALE

72-3018 Kakapa Place Unit C31 Kailua-Kona, HI 96740

Estimated Value: $5,838,000 - $9,621,000

4 Beds
4.5 Baths
2,720 Sq Ft
$2,999/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $6,000,000 $2,206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $47,940/month

193 Days on Market

About This Home

As of January 2021

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: 06/11/2020

Last Buyer's Agent

Ben Garner

Kukio Properties License #RB-22150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,511

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Property is zoned PD

HOA Fees

  • $3,040 Monthly HOA Fees

Home Design

  • 2,720 Sq Ft Home

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Underground Utilities
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 3720190220001

Community Details

Overview

  • Kikaua Point Cottages Community
  • Kukio Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,511

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,040 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
  • Living Area: 2720.0
  • Property Attached Yn: No
  • Year Built: 2003
  • Tax Year: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Range, Range Hood, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4

Exterior Features

  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3040.0
  • Association Fee Frequency: Monthly
  • Project: KIKAUA POINT COTTAGES

Lot Info

  • Zoning: PD
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3720190220001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 57511.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Pasquesi John M and Pasquesi Meredith S
Bought by
Pasquesi Revocable Trust and Pasquesi
Current Estimated Value
$6,981,243

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jan 18, 2021
Sold by
Kukio C31 Llc
Bought by
Pasquesi John M and Pasquesi Meredith S
Seller's Agent
Jim Schneider
Kukio Properties
Buyer's Agent
Ben Garner
Kukio Properties
List Price
$6,200,000
Sold Price
$6,000,000
Premium/Discount to List
-$200,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%

Purchase Details

Listed on
Dec 3, 2014
Closed on
Apr 11, 2016
Sold by
Ehlen Jeffrey S and Ehlen Carol K
Bought by
Kukio C31 Llc
Seller's Agent
Jim Schneider
Kukio Properties
Buyer's Agent
Jim Schneider
Kukio Properties
List Price
$5,100,000
Sold Price
$4,500,000
Premium/Discount to List
-$600,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 14, 2007
Sold by
Nearco Inc
Bought by
Ehlen Jeffrey S and Ehlen Carol K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,290,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2005
Sold by
Wb Kukio Resorts Llc
Bought by
Nearco Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.99%
Mortgage Type
Stand Alone First
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
Pasquesi Revocable Trust -- None Listed On Document
Pasquesi John M $6,000,000 Tg
Kukio C31 Llc $4,500,000 None Available
Ehlen Jeffrey S $6,600,000 Tg
Nearco Inc $5,469,900 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kukio C31 Llc $2,800,000
Previous Owner Ehlen Jeffrey S $4,290,000
Previous Owner Nearco Inc $3,500,000
Closed Nearco Inc $1,751,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $6,000,000 -3.2% $2,206 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $6,200,000 +37.8% $2,279 / Sq Ft
07/20/2016 07/20/16 Off Market $4,500,000 -- --
04/21/2016 04/21/16 Sold $4,500,000 -11.8% $1,654 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
12/03/2014 12/03/14 For Sale $5,100,000 -- $1,875 / 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 $80,120 $7,668,500 $1,691,500 $5,977,000
2024 $80,120 $6,847,900 $1,511,400 $5,336,500
2023 $80,120 $6,847,900 $1,511,400 $5,336,500
2022 $66,718 $5,702,400 $1,314,300 $4,388,100
2021 $61,315 $5,240,600 $1,189,700 $4,050,900
2020 $57,511 $4,915,500 $1,133,000 $3,782,500
2019 $57,511 $4,915,500 $1,133,000 $3,782,500
2018 $61,755 $5,278,200 $1,133,000 $4,145,200
2017 $52,076 $4,450,900 $1,133,000 $3,317,900
2016 $51,962 $4,789,100 $1,133,000 $3,656,100
2015 $42,368 $4,311,700 $1,133,000 $3,178,700
2014 $42,368 $4,159,300 $1,133,000 $3,026,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 639722

Hawaii Information Service (MLS Hawaii)

APN: 3-7-2-019-022-0001