NOT LISTED FOR SALE

73-1401 Kakau Place Kailua Kona, HI 96740

Estimated Value: $1,690,000 - $2,228,000

4 Beds
3.5 Baths
2,651 Sq Ft
$745/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $1,050,000 $396 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $11,035/month

147 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Cul-De-Sac
  • Heated Pool and Spa
  • Detached Garage
  • Property is Fully Fenced

About This Home

As of October 2014

LUXURY AND TROPICAL LIVING AT ITS BEST! This 2,651 sq. ft. 4 bedroom, 3.5 bath residence, designed by renowned architect Lucky Bennett, is a tropical-style multi-structure design, with soaring open-beamed ceilings & ocean views! Enter the grounds via an electric gate and travel up the manicured driveway to the circular front drive area, then step across the tropical koi ponds and enter through double wooden doors to find yourself on the expansive flagstone lanai overlooking the ocean & the infinity black-bottom pool with adjacent in-ground spa. On the right is a covered outdoor dining area and expansive Koa wood & black granite wet bar. From the lanai there are several entrances into the main house, all through tall wood and glass sliding doors. The main house includes a beautiful living room with hardwood flooring & black granite hearth and fireplace. The living room offers a view of the koi pond on one side and the pool and ocean on the opposite side. The gourmet kitchen is equipped with a professional size pantry and Koa wood cabinets. The glass sliding windows offer views and convenient food passage onto the lanai bar for entertaining. The luxurious master suite includes walk-in closet, his/her vanity areas with Koa cabinets. Custom black granite soaking tub offers privacy and view of garden area. Office or exercise area off the master suite is both charming and private. The separate guest bungalow overlooks the pool area is complete with full bath and own washer/dryer. Separate 4- car garage w/spacious 2 room suite. Separate potting area w/half bath. The photo voltaic has a transferable lease. Immaculately maintained grounds are fully gated and offer privacy. Furnishings may be negotiated outside of escrow. THIS IS A MUST SEE!!

Last Agent to Sell the Property

Joy Johnson

Kona Pacific Realty Brokerage Phone: 8089601705 License #RS-66878 Listed on: 03/11/2014

Last Buyer's Agent

Brodie Callender

KW Big Island License #RS-60293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,266

Year Built

  • Built in 1986

Lot Details

  • Property fronts a county road
  • Cul-De-Sac
  • Property is Fully Fenced
  • Gentle Sloping Lot
  • Property is zoned A-1A

Parking

  • Detached Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • 2,651 Sq Ft Home
  • Double Stud Wall

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool

Utilities

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

Community Details

  • Kona Heavens Community
  • Kona Heavens Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 3730470540000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,266

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Full
  • ResoLotFeatures: Cul-De-Sac
  • Attribution Contact: 8089601705
  • Co List Office Phone: 8083295255
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA HEAVENS
  • Living Area: 2651.0
  • Property Attached Yn: No
  • Year Built: 1986
  • Tax Year: 2013
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Carpet, Ceramic Tile, Hardwood, Stone
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Pool Features: Gunite, Heated, In Ground, Pool/Spa Combo
  • Waterfront: No
  • Roads: County, Paved, Street Lights

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Kona Heavens

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730470540000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4266.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Sep 25, 2014
Sold by
Williams Henry D and Williams Jarmila
Bought by
Levin Andrew C and Levin Nicolette M
Seller's Agent
Joy Johnson
Kona Pacific Realty
Buyer's Agent
Brodie Callender
KW Big Island
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$1,974,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$924,574
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Feb 23, 2010
Sold by
Arellano George Francis
Bought by
Williams Henry D and Williams Jarmila

Purchase Details

Closed on
Jul 19, 2006
Sold by
Laros Russell K and Laros Abigail S
Bought by
Arellano George Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Laros Russell Keller and Laros Abigail Stone
Bought by
Laros Russell K and Laros Abigail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
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
Levin Andrew C $1,050,000 None Available
Williams Henry D $960,000 Tg
Arellano George Francis $1,395,000 Tg
Laros Russell K -- First American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arellano George Francis $100,000
Previous Owner Laros Russell K $150,000
Previous Owner Laros Russell Keller $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $1,050,000 -12.5% $396 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $1,200,000 -- $453 / 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 $6,177 $1,285,600 $252,000 $1,033,600
2024 $6,177 $1,248,200 $252,000 $996,200
2023 $6,161 $1,211,800 $252,000 $959,800
2022 $6,128 $1,176,500 $252,000 $924,500
2021 $5,918 $1,142,200 $252,000 $890,200
2020 $5,713 $1,108,900 $252,000 $856,900
2019 $5,514 $1,076,600 $252,000 $824,600
2018 $5,321 $1,045,200 $252,000 $793,200
2017 $9,431 $1,008,700 $242,300 $766,400
2016 $9,256 $1,000,700 $235,200 $765,500
2015 -- $875,500 $235,200 $640,300
2014 -- $875,600 $235,200 $640,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 271677

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-047-054-0000