NOT LISTED FOR SALE

73-4512 Kohanaiki Rd Kailua Kona, HI 96740

Estimated Value: $990,000 - $1,713,000

4 Beds
3 Baths
2,004 Sq Ft
$622/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $990,000 $494 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,482/month

10 Days on Market

Highlights

  • Ocean View
  • Attached Garage
  • Carpet

About This Home

As of April 2022

Aloha and welcome to Hale Aka’ulu, house of the “red sunset.” Located in a lush and private sanctuary in the area known as Kohanaiki this wonderful home has been updated throughout and beckons you to come for a visit and stay for a lifetime. Situated at the perfect elevation, the gentle trade winds will provide a comforting breeze as you sit on the large, enclosed lanai that offers spectacular ocean and sunset views. Upon entering the home, you will see the entertainer’s kitchen that was thoroughly remodeled with a large center island that will be perfect for entertaining family and friends year around. New stainless-steel appliances, sinks and a gas burning stove were recently added.
The large living area is open and inviting and will accommodate oversized furniture in a variety of configurations with plenty of room to spare. With an abundance of windows, the home is light, bright airy. All the bedrooms are amply sized, the bathrooms were recently remodeled, the home has new flooring, paint, light fixture and so much more. The attention to detail on this home is unrivaled and has been meticulously maintained. On the lower level of the home, there are two private entrances to a separate and expansive guest quarter with its own kitchenette and bathroom. You could easily transform this great room area into a one- or two-bedroom unit if desired and still have room for a nicely sized living area. There are large picture windows along the width of the area that will enable you to enjoy great ocean views as well. The oversized two car garage will accommodate your vehicles and storage needs as well. Situated 10 minutes from Costco and 15 minutes from downtown you are just a quick drive to shopping, dining, the beaches and more, yet it feels like you are living in the remote upcountry. In short, Hale Aka’ula is a great home at a great price, and it will be perfect as your primary residence, vacation get-away or investment property.

Last Agent to Sell the Property

Darin Thomas

Hawaii Real Estate and Investments LLC Brokerage Phone: 8089371555 License #RB-19806 Listed on: 03/03/2022

Last Buyer's Agent

Sue Brown

Sue Brown Realty and Associates License #RB-20413

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road
  • Property is zoned A-3A

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline
  • Mountain

Interior Spaces

  • 2,004 Sq Ft Home
  • Carpet

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Septic Tank
  • Private Sewer

Community Details

  • Kohanaiki Homesteads Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3730070130000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,721

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8089371555
  • Co List Office Phone: 8089371555
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KOHANAIKI HOMESTEADS
  • Living Area: 2004.0
  • Property Attached Yn: No
  • Year Built: 2001
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Flooring: Carpet
  • Total Bathrooms: 3

Exterior Features

  • View: HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Cash
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730070130000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2721.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 5, 2022
Sold by
Ha Orth Christopher Donald Hoover and Ha Darr
Bought by
Oxford Chad and Oxford Jenne
Seller's Agent
Darin Thomas
Hawaii Real Estate and Investments LLC
Buyer's Agent
Sue Brown
Sue Brown Realty and Associates
List Price
$895,000
Sold Price
$990,000
Premium/Discount to List
$95,000
10.61%
Current Estimated Value
$1,246,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,363
Avg. Annual Appreciation
7.47%
Original Mortgage
$740,000
Outstanding Balance
$704,148
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$562,645

Purchase Details

Listed on
Oct 22, 2018
Closed on
Apr 19, 2019
Sold by
Pote William Joseph and Callaghan Theresa Lee
Bought by
Haworth Christopher Donald Hoover and Maxwell Darrell Charles
Seller's Agent
Janet Brown
Coldwell Banker Island Properties - Kona
Buyer's Agent
Darin Thomas
Hawaii Real Estate and Investments LLC
List Price
$650,000
Sold Price
$570,000
Premium/Discount to List
-$80,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
Original Mortgage
$330,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Pote William Joseph
Bought by
Pote William Joseph and Callaghan Theresa Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,098
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2004
Sold by
Pote William Joseph and Harriman Katherine A
Bought by
Pote William Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 2003
Sold by
Pote William Joseph
Bought by
Pote William Joseph and Harriman Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2001
Sold by
Pierson Jack
Bought by
Pote William Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Chong Daniel K Y F
Bought by
Pierson Jack
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
Oxford Chad $990,000 Old Republic Title
Oxford Chad $990,000 Old Republic Title
Haworth Christopher Donald Hoover -- Old Republic Title & Escrow
Pote William Joseph -- Accommodation
Pote William Joseph -- --
Pote William Joseph -- --
Pote William Joseph $238,100 Island Title Corp
Pierson Jack $58,000 Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oxford Chad $740,000
Previous Owner Haworth Christopher Donald Hoover $330,000
Previous Owner Pote William Joseph $333,098
Previous Owner Pote William Joseph $85,000
Previous Owner Pote William Joseph $65,000
Previous Owner Pote William Joseph $312,000
Previous Owner Pote William Joseph $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $990,000 +10.6% $494 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $895,000 +57.0% $447 / Sq Ft
07/30/2019 07/30/19 Off Market $570,000 -- --
04/30/2019 04/30/19 Sold $570,000 -12.3% $284 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $650,000 -- $324 / 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 $10,098 $1,002,100 $226,200 $775,900
2024 $10,098 $909,700 $188,600 $721,100
2023 $9,347 $842,100 $171,400 $670,700
2022 $2,825 $579,400 $125,600 $453,800
2021 $2,721 $562,500 $125,600 $436,900
2020 $2,646 $550,200 $121,900 $428,300
2019 $1,376 $379,700 $97,500 $282,200
2018 $1,322 $368,600 $97,500 $271,100
2017 $1,269 $357,900 $97,500 $260,400
2016 $1,218 $347,500 $97,500 $250,000
2015 -- $337,400 $97,500 $239,900
2014 -- $327,600 $92,400 $235,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 659445

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-007-013-0000