$500,000
SOLD MAY 20, 2025

725 Kihapai Place Unit C2 Kailua, HI 96734

2 Beds
1 Bath
520 Sq Ft
0.28 Acres

Recently Sold

$962 Per Sq Ft

3% Below List Price

110 Days on Market

Highlights

  • Home fronts a canal
  • Wood Flooring
  • End Unit
  • Kailua Intermediate School Rated A-
  • Main Floor Bedroom
  • Views

About This Home

As of May 2025

Back on market with no fault to sellers. Military buyer's PCS orders were cancelled at the last minute! Make this great opportunity to own a 2 bedroom home in Kailua yours!!! Perfect starter home or investment property with low $300 per month HOA fees & your own front door parking space! Very cute and very stylish first floor condo is pet friendly (*confirm policy w/HOA) with split A/C! Chic modern materials, including upscale engineered hardwood flooring, large extended quartz countertops, subway tiles backsplash, stainless steel deep farmer's sink & oven/range, updated electrical panel & wiring and full size combo washer/dryer. There are also no neighbors behind as it backs to a nature preserve and scenic views of our amazing Ko'olau mountains. Top it off, you're in Kailua Town, and walking distance to Kailua's casual boutique shopping and dining venues, and only a 1/2 mile walk to Wholefoods & Target. Make this dream opportunity yours!

Last Agent to Sell the Property

Chris Shomo

eXp Realty Brokerage Phone: (808) 725-2794 License #RS-77669 Listed on: 01/30/2025

eXp Realty

Last Buyer's Agent

Tani Wade

Locations LLC License #RB-24053

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1955

Lot Details

  • Home fronts a canal
  • End Unit
  • Fenced
  • Property is in excellent condition

Home Design

  • Wood Frame Construction

Interior Spaces

  • 520 Sq Ft Home
  • 2-Story Property
  • Property Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Open Parking
  • Assigned Parking

Schools

  • Kailua Elementary And Middle School
  • Kalaheo High School

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-058-044-0010

Community Details

Overview

  • Association fees include sewer, water
  • 725 Kihapai Pl Condos
  • Coconut Grove Subdivision
  • Property is near a preserve or public land

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,500

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Architectural Style: Low Rise
  • Building Name: 725 Kihapai Pl
  • Inclusions: AC Split,Cable TV,Ceiling Fan,Disposal,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1955
  • Attribution Contact: (808) 725-2794
  • Fencing: Fenced, Wall
  • Road Frontage Type: Canal, Preservation
  • SecurityFeatures: Key Card Entry
  • Pets Allowed: Call
  • MLS Status: Closed
  • Subdivision Name: COCONUT GROVE
  • Entry Level: 1
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two, One
  • Living Area: 520.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Construction Type: Masonry, Single Wall, Stucco, Wood Frame
  • Property Condition: Average Condition, Excellent, Good Condition
  • View: Canal, Mountain(s)
  • View: Yes
  • Common Walls: End Unit

Garage/Parking

  • Parking Features: Assigned, One Space
  • Total Parking Spaces: 1.0
  • Open Parking: Yes

Fee Information

  • Association Fee Includes: None, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-4-3-058-044-0010
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 300.0

Tax Info

  • Tax Annual Amount: 1500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
May 15, 2025
Sold by
Ulm Nicholas Russell and Alexander Jennifer Hokulani
Bought by
Loustaunau Jillian Paige
Seller's Agent
Chris Shomo
eXp Realty
Buyer's Agent
Tani Wade
Locations LLC
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.23%
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$95,837

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 4, 2020
Sold by
Sylva Kelly E and Kelly E Sylva Living Trust
Bought by
Ulm Nicholas Russell and Alexander Jennifer Hokulani
Seller's Agent
Carlyle Handley
Coldwell Banker Realty
Buyer's Agent
Chris Shomo
eXp Realty
List Price
$375,000
Sold Price
$390,000
Premium/Discount to List
$15,000
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
5.44%
Original Mortgage
$312,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2012
Sold by
Sylva Kelly Elizabeth
Bought by
Sylva Kelly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3.62%

Purchase Details

Closed on
May 5, 2011
Sold by
Sylva Kelly Elizabeth
Bought by
Sylva Kelly E

Purchase Details

Closed on
Apr 28, 2011
Sold by
Sylva Kelly Elizabeth and Sylva Kawailani Daniel
Bought by
Sylva Kelly Elizabeth

Purchase Details

Closed on
Jan 28, 2005
Sold by
Villamor Virgilio Natividad and Villamor Clarissa Sales
Bought by
Sylva Kelly Elizabeth and Sylva Kawailani Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Title Guaranty
Deed $390,000 Tg
Warranty Deed -- None Available
Warranty Deed -- Het
Warranty Deed -- None Available
Warranty Deed -- Het
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $312,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $149,600 No Value Available
Previous Owner $142,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $500,000 0.0% $962 / Sq Ft
04/02/2025 04/02/25 Price Changed $500,000 -2.9% $962 / Sq Ft
01/30/2025 01/30/25 For Sale $515,000 +32.1% $990 / Sq Ft
09/11/2020 09/11/20 Sold $390,000 +4.0% $750 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $375,000 -- $721 / Sq Ft
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 $1,509 $453,000 $212,100 $240,900
2024 $1,509 $431,000 $197,600 $233,400
2023 $1,366 $390,400 $197,600 $192,800
2022 $1,225 $350,100 $197,600 $152,500
2021 $1,222 $349,200 $183,200 $166,000
2020 $1,194 $341,200 $173,500 $167,700
2019 $1,001 $333,200 $171,500 $161,700
2018 $1,001 $286,000 $121,100 $164,900
2017 $1,039 $296,900 $116,000 $180,900
2016 $802 $229,200 $113,000 $116,200
2015 $802 $229,200 $106,900 $122,300
2014 $635 $233,200 $103,900 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202502783

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-058-044-0010