NOT LISTED FOR SALE

73-1120 Alihilani Place Kailua Kona, HI 96740

Estimated Value: $760,000 - $905,000

4 Beds
2 Baths
1,632 Sq Ft
$509/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $550,000 $337 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,634/month

4 Days on Market

About This Home

As of September 2020

EXCELLENT INVESTMENT RENTAL PROPERTY!
A great opportunity to own a 2 story house with separated finished living areas in the Upstairs/Downstairs Areas of the home. Excellent investment potential. A fantastic option for a family to live in one of the spaces, while they rent out the other space. Or you could rent out both spaces to maximize income.
The upstairs area of the home has 2 bedrooms, 1 bathroom. The downstairs area of the home also has 2 bedrooms & 1 bath. Fenced in Yard for Pets!
Washer & Dryer area is in the common area of the home so the separated rentals can share the appliances.
The sellers have made considerable improvements within the last 12 months.

The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and buyers must independently verify any info they deem material or important to their purchase or any offered price there under.

Last Agent to Sell the Property

Blake Kessner

Knutson & Associates Brokerage Phone: 8089879295 License #RB-22317 Listed on: 07/22/2020

Last Buyer's Agent

Veronica Aubrey

Coldwell Banker Island Properties - Kona License #RS-80655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1979

Lot Details

  • Property fronts a county road
  • Property is zoned A-5A

Parking

  • Unassigned Parking

Interior Spaces

  • 1,632 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool

Community Details

  • Kona Highlands Subdivision

Listing and Financial Details

  • Tax Lot B-26
  • Assessor Parcel Number 3730380020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,726

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8089879295
  • Co List Office Phone: 8083291010
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA HIGHLANDS
  • Living Area: 1632.0
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Freezer, Microwave, Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Other, Unassigned

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730380020000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3726.0
  • Tax Lot: B-26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2015
Sold by
Abe Debra L
Bought by
Shearer Matthew Robert and Buraglia Jasmine Lynn
Current Estimated Value
$831,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,700
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1999
Sold by
Abe Mervyn M and Abe Debra L
Bought by
Abe Debra L

Purchase Details

Closed on
Apr 6, 1998
Sold by
Abe Mervyn M and Abe Debra L
Bought by
Abe Mervyn M and Abe Debra L

Purchase Details

Closed on
Aug 5, 1997
Sold by
Dixon Edward E and Dixon Kathleen
Bought by
Abe Mervyn M and Abe Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.57%
Mortgage Type
VA
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
Shearer Matthew Robert $410,000 Fntic
Abe Debra L -- --
Abe Mervyn M -- First Hawaii Title Corp
Abe Mervyn M $200,000 First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shearer Matthew Robert $391,000
Closed Shearer Matthew Robert $389,100
Closed Shearer Matthew Robert $392,800
Closed Shearer Matthew Robert $397,700
Previous Owner Abe Mervyn M $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $550,000 -1.6% $337 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $559,000 -- $343 / 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 $1,692 $430,500 $152,300 $278,200
2024 $1,692 $418,000 $152,300 $265,700
2023 $1,689 $405,800 $152,300 $253,500
2022 $1,692 $394,000 $152,300 $241,700
2021 $1,636 $382,500 $152,300 $230,200
2020 $1,581 $371,400 $152,300 $219,100
2019 $1,528 $360,600 $152,300 $208,300
2018 $1,477 $350,100 $152,300 $197,800
2017 $1,426 $339,900 $143,500 $196,400
2016 $1,378 $330,000 $138,200 $191,800
2015 -- $275,200 $114,600 $160,600
2014 -- $267,200 $104,400 $162,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 640873

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-038-001-0000