75-215 Malulani Dr Kailua Kona, HI 96740
2
Beds
2
Baths
1,312
Sq Ft
5,663
Sq Ft Lot
Highlights
- Ocean View
- Vaulted Ceiling
- Skylights
- Gated Community
- Corner Lot
- 2 Car Attached Garage
About This Home
As of September 2022CURRENTLY THE ONLY HOME AVAILABLE IN MALULANI GARDENS! And at a reduced price!
Malulani Gardens is Kona's most conveniently located gated community.
This ranch style home offers all the charm and tranquility you can ask for.
* Enjoy the ocean view from the rear lanai just off kitchen. Perfect for sunset dining or anytime relaxation.
* Vaulted ceiling with gable window at dining area and skylight in kitchen offer pleasant natural lighting.
* Impeccable landscaping enhances privacy and adds to the charm of this home.
* Large master suite opens onto rear lanai.
* Interior Laundry.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,916
Year Built
- Built in 1999
Lot Details
- Property fronts a private road
- Property fronts an easement
- Stone Wall
- Landscaped
- Corner Lot
- Level Lot
- Property is zoned RS-7.5
HOA Fees
- $95 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Coastline
- Bay
- Mountain
Home Design
- Wood Frame Construction
- Double Stud Wall
Interior Spaces
- 1,312 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- Blinds
- Fire and Smoke Detector
Kitchen
- Range with Range Hood
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Underground Utilities
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 3750370120000
Community Details
Overview
- Malulani Gardens I Community
- Malulani Gardens Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2022
Closed on
Sep 16, 2022
Sold by
Raymond Kessler Kurt and Lynn Kathryn
Bought by
Rakosi Arpad Csaba and Rakosi Carmen Ann
Seller's Agent
Savannah Scott
Real Broker LLC
Buyer's Agent
Lizanne Caravalho
Premier Island Properties LLC
List Price
$980,000
Sold Price
$930,000
Premium/Discount to List
-$50,000
-5.1%
Views
70
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
$155,666
Avg. Annual Appreciation
5.46%
Original Mortgage
$951,390
Outstanding Balance
$913,502
Interest Rate
5.55%
Mortgage Type
VA
Estimated Equity
$172,164
Purchase Details
Listed on
Apr 17, 2020
Closed on
Jul 17, 2020
Sold by
Bennett Christopher Luke
Bought by
Kessler Kurt Raymond and Kessler Kathryn Lynn
Seller's Agent
Kelly Akao
Coldwell Banker Island Properties - Kona
Buyer's Agent
Savannah Scott
Real Broker LLC
List Price
$525,000
Sold Price
$620,000
Premium/Discount to List
$95,000
18.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.44%
Original Mortgage
$930,000
Interest Rate
2.97%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Listed on
Sep 1, 2017
Closed on
Oct 10, 2017
Sold by
Okimoto Alexander M and Okimoto Loretta L
Bought by
Bennett Christopher Luke
Seller's Agent
Julie Ching
Keller Williams Realty Maui
List Price
$585,000
Sold Price
$585,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$526,500
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2014
Sold by
Okimoto Alexander M and Okimoto Loretta L
Bought by
Okimoto Alexander M and Okimoto Loretta L
Purchase Details
Listed on
Jan 29, 2013
Closed on
Jun 21, 2013
Sold by
Hess Rebekah
Bought by
Okimoto Alexander M and Okimoto Loretta L
Buyer's Agent
Jan Nores
Hawaii Life
List Price
$429,000
Sold Price
$389,000
Premium/Discount to List
-$40,000
-9.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$311,200
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2008
Sold by
Hess Rebekah Ann and Hess Rebekah
Bought by
Hess Rebekah and Hess Trust
Purchase Details
Closed on
Sep 16, 1999
Sold by
Malulani Gardens Development Llc
Bought by
Hess Rebekah Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 1997
Sold by
Brian R Cook Development Inc
Bought by
Malulani Gardens Development Llc
Similar Home in Kailua Kona, HI
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $620,000 | Fidelity National Title & Es | |
| Warranty Deed | $585,000 | Fam | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $389,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $255,900 | Security Title Corporation | |
| Warranty Deed | $9,443,200 | Security Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $951,390 | VA | |
| Previous Owner | $1,342,500 | Credit Line Revolving | |
| Previous Owner | $930,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $526,500 | New Conventional | |
| Previous Owner | $311,200 | New Conventional | |
| Previous Owner | $175,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Off Market | $620,000 | -- | -- |
| 12/27/2022 12/27/22 | Off Market | $930,000 | -- | -- |
| 09/28/2022 09/28/22 | Sold | $930,000 | -5.1% | $709 / Sq Ft |
| 07/22/2022 07/22/22 | For Sale | $980,000 | +58.1% | $747 / Sq Ft |
| 07/24/2020 07/24/20 | Sold | $620,000 | +18.1% | $473 / Sq Ft |
| 05/06/2020 05/06/20 | Pending | -- | -- | -- |
| 04/17/2020 04/17/20 | For Sale | $525,000 | -10.3% | $400 / Sq Ft |
| 10/13/2017 10/13/17 | Sold | $585,000 | 0.0% | $446 / Sq Ft |
| 09/14/2017 09/14/17 | Pending | -- | -- | -- |
| 09/01/2017 09/01/17 | For Sale | $585,000 | +50.4% | $446 / Sq Ft |
| 06/28/2013 06/28/13 | Sold | $389,000 | -9.3% | $296 / Sq Ft |
| 05/10/2013 05/10/13 | Pending | -- | -- | -- |
| 01/29/2013 01/29/13 | For Sale | $429,000 | -- | $327 / 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 | $4,407 | $953,400 | $358,700 | $594,700 |
| 2024 | $4,407 | $925,600 | $358,700 | $566,900 |
| 2023 | $4,604 | $898,600 | $358,700 | $539,900 |
| 2022 | $3,445 | $720,100 | $286,400 | $433,700 |
| 2021 | $7,161 | $645,100 | $273,300 | $371,800 |
| 2020 | $5,952 | $536,200 | $257,600 | $278,600 |
| 2019 | $5,539 | $499,000 | $240,800 | $258,200 |
| 2018 | $5,367 | $483,500 | $237,100 | $246,400 |
| 2017 | $200 | $471,900 | $232,100 | $239,800 |
| 2016 | $100 | $473,700 | $232,100 | $241,600 |
| 2015 | -- | $426,800 | $225,500 | $201,300 |
| 2014 | -- | $393,500 | $195,400 | $198,100 |
Source: Public Records
Agents Affiliated with this Home
-
Savannah Scott
Seller's Agent in 2022
Savannah Scott
Real Broker LLC
(808) 798-4454
11 in this area
17 Total Sales
-
Lizanne Caravalho
L
Buyer's Agent in 2022
Lizanne Caravalho
Premier Island Properties LLC
(808) 895-3777
8 in this area
26 Total Sales
-
Kelly Akao
Seller's Agent in 2020
Kelly Akao
Coldwell Banker Island Properties - Kona
(808) 938-1118
28 in this area
42 Total Sales
-
Julie Ching
J
Seller's Agent in 2017
Julie Ching
Keller Williams Realty Maui
(808) 987-4129
28 in this area
53 Total Sales
-
Jan Nores
J
Buyer's Agent in 2013
Jan Nores
Hawaii Life
(808) 895-5445
3 in this area
43 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 260571
APN: 3-7-5-037-012-0000
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.
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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