NOT LISTED FOR SALE

73-1412 Ili Place Kailua-Kona, HI 96740

Estimated Value: $1,482,134 - $1,822,000

5 Beds
3 Baths
3,136 Sq Ft
$515/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $1,330,000 $424 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,450/month

96 Days on Market

Highlights

  • Ocean View
  • Ground Level Unit
  • Gazebo
  • High Ceiling
  • Home Office
  • Cul-De-Sac

About This Home

As of June 2023

List price is $97,000 below appraisal dated 3/15/23. To preview this outstanding opportunity, enjoy the attached property video and 3-D floor plan.

Stunning ocean views from this gorgeous 2-story, 5-bedroom home featuring a resort-style ambiance and casual sophistication. Just 11 minutes from the airport, the location is outstanding in convenience yet at a 1650 feet elevation nestled at the top of Ili Ili Place, you’ll feel worlds away in the beauty of North Kona. Much pride and thoughtfulness went into this property, elevating this immaculate home to a luxurious lifestyle.

The 20,001 sq. ft. lot is spectacular. Enjoy multiple relaxation and entertaining spaces, a lighted outdoor gazebo shaded by fruit trees, a sun deck, a spacious outdoor carpet of grass great for pets and/or kids to play, 43 solar panels, and a well-thought-out landscaping design and sprinkler system.

The most unique feature that sets this home apart is its flexible layout. For someone looking to enjoy a large home with up to 6 bedrooms for their exclusive use. The interior size of this home is impressive at 3,136 sq. ft. Repurpose the uniqueness of the interior layout & use the property as a multi-family home or generate rental incoming by living in one unit & renting out the other.

The top floor features 3 bedrooms, 2 baths & a massive 1310 sq. ft. lanai taking in breathtaking ocean views and spectacular sunsets. The open floor plan is designed for an indoor-outdoor lifestyle, all while keeping the dramatic ocean view as the focal point. The primary bedroom includes an ocean view relaxation lounge and 2 of the 3 bedrooms look out to the magnificent coastline views.

The 1st level features 2 oversized bedrooms, 1 bath, and an ocean view from an additional living room, kitchenette & 1st floor-covered lanai. Also on the 1st level is a “bonus” room featuring its own interior entry door. This room can be can be used as a 6th bedroom, home office or gym.

Last Agent to Sell the Property

Stacey Martin

Berkshire Hathaway Home Services Hawaii Realty Brokerage Phone: 8086730396 License #RS-83755 Listed on: 01/20/2023

Berkshire Hathaway Home Services Hawaii Realty

Last Buyer's Agent

Doug Powell

Hawaii Estates LLC License #RB-23507

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,254

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Stone Wall
  • Landscaped
  • Level Lot
  • Grass Covered Lot
  • Property is zoned RS-20

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Carport Spaces

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Double Stud Wall

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Blinds
  • Home Office

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Air Conditioning
  • Underground Utilities
  • Septic Tank
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Gazebo
  • Ground Level Unit

Community Details

  • Hualalai Terrace Subdivision

Listing and Financial Details

  • Tax Lot 1-G-
  • Assessor Parcel Number 3730290560000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,254

Year Built

Built in 2006

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cul-De-Sac, Grassy, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s)
  • Attribution Contact: 8086730396
  • Co List Office Phone: 8087923910
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HUALALAI TERRACE SUBDIVISION
  • Carport Spaces: 3.0
  • Reso Interior Features: High Ceilings, Office, Wet Bar
  • Unit Levels: Two
  • Living Area: 3136.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2006
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Ground Unit, Multi-Story, Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 1310
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Satellite, Wireless
  • HIS_Easement: Electric, Water
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Stories: 2
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Level
  • View: HIS Coastline, HIS Sunset, Mountain(s), Ocean
  • Waterfront: No
  • Exterior Features: Lightning
  • Other Structures: Gazebo
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Cash, HIS Air Conditioning
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 45.83
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730290560000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11254.0
  • Tax Lot: 1-G-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Jun 9, 2023
Sold by
Sutton Michael Lee
Bought by
Tocci James Edward
Seller's Agent
Stacey Martin
Berkshire Hathaway Home Services Hawaii Realty
Buyer's Agent
Doug Powell
Hawaii Estates LLC
List Price
$1,348,000
Sold Price
$1,330,000
Premium/Discount to List
-$18,000
-1.34%
Current Estimated Value
$1,615,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,534
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Jan 20, 2023
Closed on
May 11, 2023
Sold by
Alcos Annette Richelle
Bought by
Sutton Michael Lee
Seller's Agent
Stacey Martin
Berkshire Hathaway Home Services Hawaii Realty
Buyer's Agent
Doug Powell
Hawaii Estates LLC
List Price
$1,348,000
Sold Price
$1,330,000
Premium/Discount to List
-$18,000
-1.34%

Purchase Details

Listed on
Sep 7, 2016
Closed on
Dec 12, 2016
Sold by
Vonnordheim Scott A
Bought by
Alcos Annette Richelle
Seller's Agent
Jana Kaholoaa
Kina'ole Realty
Buyer's Agent
Lorraine Kohn
Paradise Found Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%

Purchase Details

Closed on
Jul 9, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Alcos Annette Richelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 15, 2005
Sold by
Pierson Jack
Bought by
Vonnordheim Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 23, 2005
Sold by
Araya Maria D
Bought by
Pierson Jack and Jack Pierson Revocable Trust
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
Tocci James Edward -- Fidelity National Title
Sutton Michael Lee -- Fidelity National Title
Alcos Annette Richelle $5,000 Fidelity Natl Title & Escrow
Sutton Michael Lee $550,000 Fntic
Alcos Annette Richelle $370,000 Fntic
Deutsche Bank National Trust Company $364,000 None Available
Deutsche Bank National Trust Company $364,000 None Available
Vonnordheim Scott A $325,000 Fntic
Pierson Jack $325,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alcos Annette Richelle $296,000
Previous Owner Vonnordheim Scott A $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $1,330,000 -1.3% $424 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $1,348,000 +145.1% $430 / Sq Ft
12/19/2016 12/19/16 Sold $550,000 -8.2% $228 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $599,000 -- $249 / 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 $7,428 $1,497,000 $399,400 $1,097,600
2024 $7,428 $1,453,400 $399,400 $1,054,000
2023 $14,838 $1,336,800 $373,200 $963,600
2022 $11,254 $1,013,900 $298,600 $715,300
2021 $9,922 $893,900 $284,400 $609,500
2020 $9,443 $850,700 $255,600 $595,100
2019 $9,156 $824,900 $247,000 $577,900
2018 $8,892 $801,100 $247,000 $554,100
2017 $8,508 $766,500 $227,800 $538,700
2016 $3,087 $622,000 $151,600 $470,400
2015 -- $504,200 $151,600 $352,600
2014 -- $489,500 $139,200 $350,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667760

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-029-056-0000