NOT LISTED FOR SALE

75-197 Alakai St Kailua Kona, HI 96740

Estimated Value: $1,183,000 - $1,649,000

6 Beds
8 Baths
5,120 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $505,000 $99 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $8,780/month

20 Days on Market

Highlights

  • Stone Wall
  • Level Lot
  • Carpet

About This Home

As of March 2015

Two 2Story seperate buildings with 3 bedrooms on each floor. Fixer with a cash flow future. Needs complex rehab. See Public Records.

Last Agent to Sell the Property

Charles Corbe

Kou Hale Realty LLC Brokerage Phone: 8088957011 License #RB-16820 Listed on: 02/17/2015

Last Buyer's Agent

Alex Duarte

Kou Hale Realty LLC License #RB-16821

Kou Hale Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,898

Year Built

  • Built in 1999

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Level Lot

Parking

  • Unassigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 5,120 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Lono Kona Subdivision

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 3750221060000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,898

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Reso Fencing: Stone
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None
  • Attribution Contact: 8088957011
  • Co List Office Phone: 8083261556
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: LONO - KONA SUBDIVISION
  • Unit Levels: Two
  • Living Area: 5120.0
  • Year Built: 1999
  • Tax Year: 2014
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-No Charge
  • HIS_InternetAccess: Cable
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 6
  • Design: Double Wall

Exterior Features

  • Topography: Level
  • Waterfront: No
  • Roads: County, Paved, Street Lights

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RD-3.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750221060000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6898.0
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
Macres Steven A and Macres Jeri Lynn
Bought by
Alakai Properties Llc
Current Estimated Value
$1,430,065

Purchase Details

Listed on
Feb 17, 2015
Closed on
May 18, 2015
Sold by
Macres Steven A and Macres Jeri Lynn
Bought by
Steven A Macres & Jeri Lynn Macres Trust
Seller's Agent
Charles Corbe
Kou Hale Realty LLC
Buyer's Agent
Alex Duarte
Kou Hale Realty LLC
List Price
$467,500
Sold Price
$505,000
Premium/Discount to List
$37,500
8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Listed on
Feb 17, 2015
Closed on
Mar 16, 2015
Sold by
U S Bank National Association
Bought by
Macres Steven A and Macres Jeri Lynn
Seller's Agent
Charles Corbe
Kou Hale Realty LLC
Buyer's Agent
Alex Duarte
Kou Hale Realty LLC
List Price
$467,500
Sold Price
$505,000
Premium/Discount to List
$37,500
8.02%

Purchase Details

Closed on
Apr 5, 2011
Sold by
U S Bank National Association
Bought by
U S Bank National Association

Purchase Details

Closed on
May 21, 2010
Sold by
Tolentino Higuchi Daniel Minoru and Tolentino Urban Higuchi Danicita
Bought by
Urban Daniel L

Purchase Details

Closed on
Nov 21, 2006
Sold by
Tolentino Urban Daniel L and Tolentino Urban Higuchi Danicita
Bought by
Tolentino Higuchi Daniel Minoru and Tolentino Urban Higuchi Danicita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2006
Sold by
Wakayama Gregory D and Urban Daniel L
Bought by
Tolentino Urban Daniel L and Tolentino Urban Higuchi Danicita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2005
Sold by
Urban Tante T and Urban Araceli L
Bought by
Ala Kai Llc

Purchase Details

Closed on
Oct 11, 2005
Sold by
Ala Kai Llc
Bought by
Urban Tante T and Urban Araceli L

Purchase Details

Closed on
Jun 22, 2005
Sold by
Castillo Urban Tante Tolentino and Castillo Urban Araceli
Bought by
Ala Kai Llc

Purchase Details

Closed on
Jul 11, 1998
Sold by
Hulce Robin and Hulce Shelley R
Bought by
Urban Tante Tolentino

Purchase Details

Closed on
Apr 12, 1996
Sold by
Burgess Amelia Louise
Bought by
Hulce Robin and Hulce Shelley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alakai Properties Llc -- None Available
Steven A Macres & Jeri Lynn Macres Trust -- None Available
Macres Steven A $505,000 Fidelity Natl Title & Escrow
U S Bank National Association $700,370 None Available
Urban Daniel L -- None Available
Tolentino Higuchi Daniel Minoru -- Accommodation
Tolentino Urban Daniel L $1,000 Accommodation
Wakayama Gregory D $900,000 None Available
Ala Kai Llc $1,000 --
Urban Tante T $1,000 Accommodation
Ala Kai Llc $530,333 --
Urban Tante Tolentino $69,000 --
Hulce Robin $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wakayama Gregory D $720,000
Previous Owner Hulce Robin $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $505,000 +8.0% $99 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $467,500 -- $91 / 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 $14,639 $1,403,600 $342,900 $1,060,700
2024 $14,639 $1,318,800 $300,600 $1,018,200
2023 $13,848 $1,247,600 $300,600 $947,000
2022 $12,743 $1,148,000 $201,000 $947,000
2021 $10,770 $970,300 $191,600 $778,700
2020 $10,538 $949,400 $186,000 $763,400
2019 $10,271 $925,300 $177,200 $748,100
2018 $9,796 $882,500 $170,700 $711,800
2017 $9,499 $855,800 $167,300 $688,500
2016 $8,176 $813,500 $147,300 $666,200
2015 -- $696,600 $147,300 $549,300
2014 -- $686,400 $137,000 $549,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Charles Corbe

    Kou Hale Realty LLC

    (808) 326-1556

    12 in this area

    22 Total Sales

    Charles Corbe
    Section Image
  • Alex Duarte

    Buyer's Agent in 2015

    Alex Duarte

    Kou Hale Realty LLC

    (808) 936-1658

    36 in this area

    51 Total Sales

    Alex Duarte
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 281651

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-022-106-0000

Hawaii Hawaii County Kailua Kona 96740

75-197 Alakai St, Kailua Kona, HI

This home is located at 75-197 Alakai St, Kailua Kona, HI 96740 since 17 February 2015 and is currently estimated at $1,430,065, approximately $279 per square foot. This property was built in 1999. 75-197 Alakai St is a home located in Hawaii County with nearby schools including Kahakai Elementary School, Kealakehe Intermediate School, and Kealakehe High School.

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.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

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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