S
Seller's Agent in 2024
Shantell Otare
eXp Realty
(808) 936-1162
1 in this area
13 Total Sales
74-5096 Kumakani St Kailua Kona, HI 96740
Estimated Value: $819,135 - $889,000
4
Beds
3
Baths
1,704
Sq Ft
$507/Sq Ft
Est. Value
Highlights
- Ocean View
- Stone Wall
- Grass Covered Lot
- 1-Story Property
- Level Lot
- Carpet
About This Home
As of August 2024Welcome to this charming & profitable 4 Bedroom, 3 Bathroom home that doubles as a versatile 3-Unit property...offering both functionality and potential for investment.
Situated on a spacious 7811 sq. ft lot, you'll find a large leveled side yard which flows into a slightly sloped backyard. Share in the bounties of nature and find space to start your own garden alongside mature fruit trees including: Kahaluu Avocado, Lychee (currently in bloom) as well as Mango, a variety of Citrus, fruit trees, creating a tranquil oasis for residents and guest alike.
Ample storage in the carport closet as well as under the house which could serve as a space to convert into a potential 4th rental unit in the future, adding equitable value and addition cash flow. Laundry facilities including washer and dryer are included, and are accessible to all tenants on a pre-determined wash schedule for each unit.
UNIT A features 2 Bedrooms and 1 Bathroom, providing ample space for comfortable living. UNITS B & C are cozy Studios with 1 Bathroom each, providing ideal accommodations for individuals or couples. The recent addition of a new deck fronting Unit C adds to the property's appeal. Parking is made easy with 5 off-street parking stalls available for tenants to share, along with 2 additional on-street stalls conveniently located in front of the property.
With existing leases in place held by stellar tenants, walk into a stable and immediate income stream already done for you. Leases are currently set to expire as follows:
Unit A (March 2025)
Unit B (August 2024)
Unit C (May 2024)
The desirable neighborhood of Kealakehe enjoy's the convenience of nearby amenities, including schools, shopping centers, restaurants, and parks...all 5 minutes away or less. Enjoy the cool elevation, amazing Kona Sunsets, ocean views and quiet locale.
Don't miss out on owning a versatile property with live-in potential while still providing a solid income.
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 8089361162 License #RS-85282 Listed on: 05/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,587
Year Built
- Built in 1978
Lot Details
- Property fronts a county road
- Stone Wall
- Level Lot
- Grass Covered Lot
- Property is zoned RS-7.5
Parking
- 2 Carport Spaces
Property Views
- Ocean
- Coastline
Interior Spaces
- 1,704 Sq Ft Home
- 1-Story Property
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Cesspool
- Private Sewer
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Kona Macadamia Acres Subdivision
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 3740140500000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2024
Closed on
Aug 5, 2024
Sold by
Kapena T Otare And Shantell K Otare Trus and Otare Kapena T
Bought by
Pham Bich Thuy Thi
Seller's Agent
Shantell Otare
eXp Realty
Buyer's Agent
Jonathan McCumsey
Corcoran Pacific Properties
List Price
$899,900
Sold Price
$875,000
Premium/Discount to List
-$24,900
-2.77%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,716
Avg. Annual Appreciation
-1.17%
Original Mortgage
$688,000
Outstanding Balance
$681,438
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$182,846
Purchase Details
Closed on
Mar 7, 2016
Sold by
Otare Kapena Taimana and Otare Shantell Kuuipo
Bought by
Kapena T Otare & Shantell K Otare Trust
Purchase Details
Closed on
Aug 22, 2011
Sold by
Mokuaina Properties Llc
Bought by
Otare Kapena Taimana and Otare Shantell Kuuipo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,974
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2011
Sold by
Beneficial Financial I Inc
Bought by
Mokuaina Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.45%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Apr 25, 1996
Sold by
Peterson Greg M and Peterson Julita
Bought by
Russell Jerry T and Russell Blossom P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.84%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pham Bich Thuy Thi | -- | Tge | |
| Kapena T Otare & Shantell K Otare Trust | -- | None Available | |
| Otare Kapena Taimana | $275,000 | Tg | |
| Mokuaina Properties Llc | $130,000 | Tg | |
| Russell Jerry T | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pham Bich Thuy Thi | $688,000 | |
| Previous Owner | Otare Kapeta T | $390,000 | |
| Previous Owner | Otare Kapena Taimana | $375,000 | |
| Previous Owner | Otare Kapena Taimana | $282,974 | |
| Previous Owner | Mokuaina Properties Llc | $126,000 | |
| Previous Owner | Russell Jerry T | $336,924 | |
| Previous Owner | Russell Jerry T | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2024 09/14/24 | Off Market | $875,000 | -- | -- |
| 08/08/2024 08/08/24 | Sold | $875,000 | -2.8% | $513 / Sq Ft |
| 05/30/2024 05/30/24 | Off Market | $899,900 | -- | -- |
| 05/28/2024 05/28/24 | Off Market | $899,900 | -- | -- |
| 05/28/2024 05/28/24 | For Sale | $899,900 | 0.0% | $528 / Sq Ft |
| 05/20/2024 05/20/24 | For Sale | $899,900 | -- | $528 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $7,237 | $702,600 | $289,700 | $412,900 |
| 2024 | $7,237 | $652,000 | $289,500 | $362,500 |
| 2023 | $6,587 | $593,400 | $256,200 | $337,200 |
| 2022 | $2,277 | $490,300 | $182,500 | $307,800 |
| 2021 | $2,189 | $476,000 | $182,500 | $293,500 |
| 2020 | $2,104 | $462,100 | $181,500 | $280,600 |
| 2019 | $4,494 | $404,900 | $146,600 | $258,300 |
| 2018 | $3,625 | $326,600 | $127,400 | $199,200 |
| 2017 | $3,571 | $321,700 | $127,400 | $194,300 |
| 2016 | $3,182 | $316,600 | $127,400 | $189,200 |
| 2015 | -- | $275,000 | $115,700 | $159,300 |
| 2014 | -- | $254,800 | $113,400 | $141,400 |
Source: Public Records
Agents Affiliated with this Home
-
Shantell Otare
-
Jonathan McCumsey
J
Buyer's Agent in 2024
Jonathan McCumsey
Corcoran Pacific Properties
(808) 747-4489
39 in this area
61 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 710599
APN: 3-7-4-014-050-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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