NOT LISTED FOR SALE

73-1388 Iliili Place Kailua Kona, HI 96740

Estimated Value: $1,400,150 - $1,672,000

3 Beds
3 Baths
2,318 Sq Ft
$641/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $850,000 $367 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,147/month

9 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Ceramic Tile Flooring
  • Cathedral Ceiling
  • 4 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2017

With over 3,700 sf under roof, this well-built custom home features two separate structures:
1] Main house has 3 bedrooms, 2 baths and a huge lanai with wonderful ocean views
2] Separate, spacious, detached studio with full bath and wet bar

This home shows like a model and is well-appointed. Some of the stunning features include:
* Sweeping ocean views
* Bamboo and travertine flooring
* 18 foot pocket doors
* Huge covered lanai with gorgeous wood decking
* Stately Ohia posts
* Solid wood doors
* Vaulted cedar wood ceiling
* Solid granite counters
* Amazing resort-style outdoor shower off the master bath
* Fish pond
* Imu pit
* Solar hot water for lower electric usage
* Propane gas stove and gas dryer
* Comfortable elevation of approx. 1,300' for cooling trade wind breezes
* Fenced back yard, perfect for pets
* Well-manicured lot with edible landscaping

Located in Hualalai Terrace, this is one of only 15 properties in this subdivision of oversized lots. Located in North Kona, this property is a short distance to the new Palamanui college campus, the Kona International Airport, Costco, Honokohau Harbor and more conveniences.

Last Agent to Sell the Property

Julie Ching

Keller Williams Realty Maui Brokerage Phone: 8089874129 License #RB-20485 Listed on: 03/27/2017

Keller Williams Realty Maui

Last Buyer's Agent

Julie Ching

Keller Williams Realty Maui Brokerage Phone: 8089874129 License #RB-20485 Listed on: 03/27/2017

Keller Williams Realty Maui

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,676

Year Built

  • Built in 2004

Lot Details

  • Stone Wall
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Gentle Sloping Lot
  • Property is zoned RS-20

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 2,318 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceramic Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Hualalai Terrace Subdivision

Listing and Financial Details

  • Tax Lot 1-N
  • Assessor Parcel Number 3730290540000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,676

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wood
  • ResoLotFeatures: Corner Lot, Landscaped
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8089874129
  • Co List Office Phone: 8083311300
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HUALALAI TERRACE SUBDIVISION
  • Reso Interior Features: Cathedral Ceilings
  • Unit Levels: One
  • Living Area: 2318.0
  • Property Attached Yn: No
  • Year Built: 2004
  • Tax Year: 2016
  • HIS_PoolYN: No
  • Unit Description: Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Ceramic Tile, Other
  • Total Bathrooms: 3
  • Design: Board and Batten

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Sunset, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 41.67
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730290540000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3676.0
  • Tax Lot: 1-N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jul 20, 2017
Sold by
Cunliffe Steel Philip John Christopher and Revocable Trust Agreement Of P
Bought by
Okimoto Alexander Morgan and Okimoto Loretta Lucia
Seller's Agent
Julie Ching
Keller Williams Realty Maui
Buyer's Agent
Julie Ching
Keller Williams Realty Maui
List Price
$874,800
Sold Price
$850,000
Premium/Discount to List
-$24,800
-2.83%
Current Estimated Value
$1,486,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,038
Avg. Annual Appreciation
7.16%
Original Mortgage
$724,800
Outstanding Balance
$605,422
Interest Rate
3.91%
Mortgage Type
VA
Estimated Equity
$880,616

Purchase Details

Listed on
Mar 2, 2015
Closed on
Jun 19, 2015
Sold by
Cadenasso Silvio Joseph and Cadenasso Judith Kathryn
Bought by
Cunliffe Steel Philip John Christopher and Revocable Trust Agreement Of Philip John
Seller's Agent
Phyllis Sellens
Phyllis Sellens & Company
Buyer's Agent
Julie Ching
Keller Williams Realty Maui
List Price
$729,000
Sold Price
$710,000
Premium/Discount to List
-$19,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Mar 30, 2009
Sold by
Cadenasso Silvio J and Cadenasso Judith K
Bought by
Cadenasso Silvio Joseph and Cadenasso Judith Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2009
Sold by
Foster William A and Foster Kathryn E
Bought by
Cadenasso Silvio J and Cadenasso Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2005
Sold by
Gesling Scott Kelly and Gesling Gina Louise Kaleimoku
Bought by
Foster William A and Foster Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2003
Sold by
Dungate Michael C
Bought by
Foster William A and Foster Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 28, 2003
Sold by
Dungate Michael C and Dungate Margaret E
Bought by
Dungate Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 26, 2002
Sold by
Dungate Peter C and Dungate Angelica L
Bought by
Dungate Michael C and Dungate Margaret 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
Okimoto Alexander Morgan $850,000 Fnt
Cunliffe Steel Philip John Christopher -- None Available
Cadenasso Silvio Joseph -- None Available
Cadenasso Silvio J $689,000 None Available
Foster William A $350,000 Fidelity National Title & Es
Foster William A $150,000 --
Dungate Michael C -- --
Dungate Michael C $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okimoto Alexander Morgan $724,800
Previous Owner Cadenasso Silvio J $272,000
Previous Owner Foster William A $650,000
Previous Owner Foster William A $41,250
Previous Owner Foster William A $297,500
Previous Owner Foster William A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $850,000 -2.8% $367 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $874,800 +23.2% $377 / Sq Ft
06/26/2015 06/26/15 Sold $710,000 -2.6% $306 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $729,000 -- $314 / 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 $100 $1,197,700 $372,300 $825,400
2024 $100 $1,151,300 $372,200 $779,100
2023 $100 $1,072,300 $347,800 $724,500
2022 $100 $1,002,800 $278,300 $724,500
2021 $100 $900,000 $265,000 $635,000
2020 $100 $860,700 $238,200 $622,500
2019 $100 $840,000 $230,500 $609,500
2018 $200 $815,600 $230,500 $585,100
2017 $3,732 $786,900 $216,900 $570,000
2016 $3,676 $777,800 $216,900 $560,900
2015 -- $653,200 $183,800 $469,400
2014 -- $618,100 $148,500 $469,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 603582

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-029-054-0000