NOT LISTED FOR SALE

75-108 Nakukui Place Kailua Kona, HI 96740

Estimated Value: $1,578,000 - $1,784,000

3 Beds
2 Baths
1,704 Sq Ft
$984/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $1,025,000 $602 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $10,056/month

16 Days on Market

Highlights

  • Ocean View
  • High Ceiling
  • Solar Water Heater
  • Solar Power System
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of January 2020

Successful Turn-Key Permitted Vacation Rental.

Welcome to Kahakai Estates, a gated residential community with spacious lots and privacy, yet within a prime location in Kona. This single level 3 bed 2 bath home is located in a lush tropical setting on over a 1/2 acre.

Feeling more like a mini private Hawaiian Resort this estate has it all! Relax and Swing in a hammock or how about a game of sand volleyball with a private sand court? Lounge on the tanning ledge of the private solar heated pool surrounded by tropical beauty. The backyard boasts a level grass yard, fruit trees, coconut palms, papaya, and mango trees with lots of outdoor space.

This high grossing rental is offered turnkey and with a hefty amount of future bookings...

Set up to be efficient and comfortable with;
Solar Power system (owned)
Solar water heater
Solar pool heating
Tile floors throughout
Central A/C
Granite countertops in the kitchen
Inventory and Exclusion lists available

Very hard to schedule due to an almost fully booked property.

Rental History is available.

Last Agent to Sell the Property

Jonathan McCumsey

Corcoran Pacific Properties Brokerage Phone: 8087474489 License #RB-21680 Listed on: 11/04/2019

Corcoran Pacific Properties

Co-Listed By

James Lear

COMPASS Brokerage Phone: 8087474489 License #RS-81880

Last Buyer's Agent

Lisa Greenwell Hummel

LUVA LLC License #RS-81301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 2003

Lot Details

  • Cul-De-Sac
  • Stone Wall
  • Landscaped
  • Level Lot
  • Property is zoned RS-10

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • High Ceiling

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater

Additional Features

  • Gunite Pool
  • Underground Utilities

Community Details

  • Kahakai Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 80
  • Assessor Parcel Number 3750400800000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,441

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cul-De-Sac, Landscaped
  • Co List Office Mls Id: 1877
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAHAKAI ESTATES SUBDIVISION
  • Reso Interior Features: High Ceilings
  • Unit Levels: One
  • Living Area: 1704.0
  • Property Attached Yn: No
  • Year Built: 2003
  • Tax Year: 2018
  • Power Production Type: Photovoltaics
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_WaterHeater: Solar
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Topography: Fairly Level
  • View: Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, Outdoor Pool
  • Waterfront: No
  • Exterior Features: Lighting
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Air Conditioning, Central Air
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750400800000

Tax Info

  • Tax Annual Amount: 7441.0
  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 31, 2019
Sold by
Milwee David Anthony and Millwee Kristen Karol
Bought by
Sandora Lara R and Sandora Matthew R
Seller's Agent
Jonathan McCumsey
Corcoran Pacific Properties
Buyer's Agent
Lisa Greenwell Hummel
LUVA LLC
List Price
$1,025,000
Sold Price
$1,025,000
Current Estimated Value
$1,676,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,651
Avg. Annual Appreciation
8.87%
Original Mortgage
$765,600
Outstanding Balance
$676,438
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,000,213

Purchase Details

Listed on
Aug 23, 2016
Closed on
Jan 18, 2017
Sold by
Olson Paul Herman and Olson Norma Dianne
Bought by
Millwee David Anthony and Millwee Kristen Karol
Seller's Agent
Steven Ellison
COMPASS
Buyer's Agent
Jonathan McCumsey
Corcoran Pacific Properties
List Price
$835,000
Sold Price
$825,000
Premium/Discount to List
-$10,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$618,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Kelly Linda M
Bought by
Olson Paul Herman and Olson Norma Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 11, 2003
Sold by
Kahakai Kona Llc
Bought by
Kelly Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.79%
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
Sandora Lara R $1,025,000 Fnt
Millwee David Anthony $825,000 Or
Olson Paul Herman $970,000 Tg
Kelly Linda M $421,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandora Lara R $765,600
Previous Owner Millwee David Anthony $618,750
Previous Owner Olson Paul Herman $430,000
Previous Owner Kelly Linda M $160,000
Closed Kelly Linda M $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Off Market $1,025,000 -- --
01/13/2020 01/13/20 Sold $1,025,000 0.0% $602 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $1,025,000 +24.2% $602 / Sq Ft
01/24/2017 01/24/17 Sold $825,000 -1.2% $484 / Sq Ft View Prior Sale
11/26/2016 11/26/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $835,000 -- $490 / 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 $11,829 $1,140,200 $468,200 $672,000
2024 $11,829 $1,065,700 $411,200 $654,500
2023 $11,323 $1,020,100 $411,200 $608,900
2022 $11,187 $1,007,800 $398,900 $608,900
2021 $9,684 $872,400 $332,400 $540,000
2020 $9,458 $852,100 $322,700 $529,400
2019 $9,102 $820,000 $322,700 $497,300
2018 $7,441 $670,400 $312,200 $358,200
2017 $2,041 $511,900 $196,800 $315,100
2016 $1,950 $497,000 $196,800 $300,200
2015 -- $482,500 $196,800 $285,700
2014 -- $468,400 $184,300 $284,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 633597

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-040-080-0000