NOT LISTED FOR SALE

75-240 Malulani Dr Kailua Kona, HI 96740

Estimated Value: $1,190,040 - $1,228,000

3 Beds
2.5 Baths
1,666 Sq Ft
$725/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $785,000 $471 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,931/month

31 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Air Conditioning
  • Gated Community
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of December 2020

A prime location in Malulani Gardens, a planned, gated community with open green space and parking courts! This 3 bedroom 2.5 bath home has over 2600 sq ft under roof and is uniquely surrounded on three sides by open space and hence very private. The expansive lanai has generous ocean views and has been extended to measure 22 feet by 19 feet, and has hosted many gourmet dinners and social gatherings. The living room adjoins the dining area and kitchen giving an open concept feel with lovely ocean views from all areas. Remodeled for a Chef, the kitchen has a large food prep area, a Viking gas range with venting hood and stainless steel appliances. A walk in pantry, solid wood cabinets, great ocean views and luxury vinyl plank floors complete the kitchen! The main bedroom has ocean views and a large sitting area and wraps around to an en-suite ADA accessible bathroom. Downstairs offers a privacy and a separate feel with 2 additional bedrooms and one spacious bath, connecting to a main hall which opens to the beautifully manicured yard. The back yard offers a huge open patio and is tucked away surrounded by agricultural land, and an archaeological site (un-buildable), lending tons of privacy to the home. The property offers mature citrus trees including a Kefir lime! An over-sized 2 car garage offers a generous work space, laundry area and parking for 2 vehicles. The extended lanai creates additional covered parking! Central AC is available when desired and there is a solar hot water system. Lots of parking for visitors! You will enjoy the year round sunsets and fabulous indoor, outdoor living! Just moments from major shopping, dining, beaches and all amenities. Located in popular Holualoa School District. Make your appointment to see it today!
For a 3D Walkthrough tour go to: more photos and website go to:

Last Agent to Sell the Property

Derinda Thatcher

Coldwell Banker Island Properties - Kona Brokerage Phone: 8089603433 License #RB-16450 Listed on: 08/28/2020

Coldwell Banker Island Properties - Kona

Last Buyer's Agent

Janet Brown

Coldwell Banker Island Properties - Kona License #RS-43287

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1999

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Property is zoned RS-7.5

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 3750370380000

Community Details

Overview

  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

Year Built

Built in 1999

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Attribution Contact: 8089603433
  • Co List Office Phone: 8088757000
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Reso Interior Features: Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 1666.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1999
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Stories: 2
  • Total Bathrooms: 2
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: Private, Street Lights

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: HIS Air Conditioning
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 102.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750370380000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1630.0
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Nov 25, 2020
Sold by
Wolfgram Hull Jean
Bought by
Robinson Robert Maxwell and Robinson Emily Margaret
Seller's Agent
Derinda Thatcher
Coldwell Banker Island Properties - Kona
Buyer's Agent
Janet Brown
Coldwell Banker Island Properties - Kona
List Price
$850,000
Sold Price
$785,000
Premium/Discount to List
-$65,000
-7.65%
Current Estimated Value
$1,208,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,510
Avg. Annual Appreciation
9.66%
Original Mortgage
$395,000
Outstanding Balance
$289,346
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$931,742

Purchase Details

Closed on
Oct 15, 2012
Sold by
Malulani Gardens Development Llc
Bought by
Malulani Gardens Association Inc

Purchase Details

Closed on
Jun 9, 2012
Sold by
Hull Larry V and Wolfgram Hull Jean
Bought by
Hull Larry V and Wolfgram Hull Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1999
Sold by
Hull Larry V and Hull Jean W
Bought by
Hull Larry V and Wolfgram Hull Jean

Purchase Details

Closed on
Dec 9, 1998
Sold by
Malulani Gardens Development Llc
Bought by
Hull Larry V and Hull Jean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Malulani Gardens Development Llc
Bought by
Koutroupas Gust and Koutroupas Evelyn
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
Robinson Robert Maxwell $785,000 Fnt
Malulani Gardens Association Inc $108 Accommodation
Hull Larry V -- None Available
Hull Larry V -- --
Hull Larry V $286,900 Security Title Corporation
Koutroupas Gust $270,600 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Robert Maxwell $395,000
Previous Owner Hull Larry $10,500
Previous Owner Hull Larry V $144,000
Previous Owner Hull Larry V $180,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $785,000 -7.6% $471 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $850,000 -- $510 / 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 $4,674 $999,700 $365,600 $634,100
2024 $4,674 $970,600 $365,600 $605,000
2023 $4,873 $942,300 $365,600 $576,700
2022 $8,446 $760,900 $293,000 $467,900
2021 $1,713 $458,600 $107,700 $350,900
2020 $1,631 $445,200 $107,700 $337,500
2019 $1,551 $432,200 $107,700 $324,500
2018 $1,474 $419,600 $107,700 $311,900
2017 $1,399 $407,400 $107,700 $299,700
2016 $1,331 $395,500 $107,700 $287,800
2015 -- $384,000 $107,700 $276,300
2014 -- $372,800 $101,100 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 641378

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-037-038-0000