NOT LISTED FOR SALE

75-241 Malulani Dr Kailua Kona, HI 96740

Estimated Value: $960,000 - $1,084,000

2 Beds
2 Baths
1,164 Sq Ft
$867/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $840,000 $722 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,458/month

15 Days on Market

Highlights

  • Ocean View
  • 2 Car Attached Garage
  • 1-Story Property
  • Vaulted Ceiling
  • Ceramic Tile Flooring
  • Stone Wall

About This Home

As of August 2022

A large, welcoming front porch with brilliant ocean views greets you as you enter this well-designed Malulani Gardens single level home. The open floor plan flows seamlessly from the front door all the way past the kitchen and on to the covered lanai and private backyard. Vaulted ceilings throughout the home make the space appear much bigger than the actual square footage.

The living room offers filtered sunlight from large windows and ocean views. The inviting dining room features a large bay window with a transom window above. A breakfast bar separates this space from the updated kitchen. White wood cabinetry, soft-close drawers, smooth counter-tops and a glowing glass tile backsplash make the kitchen sparkle.

The large primary bedroom sits at the rear of the home. Sliding glass doors lead directly to the lanai. There is an alcove area that could be used as a home office or sitting area. The attached bath has a long vanity with double sinks and an oversized shower. There is also a roomy walk-in closet. The second bedroom offers garden views and sits adjacent to the second bathroom. There is an attached two-car garage that houses a laundry area. The home has central air conditioning in addition to a leased photovoltaic system for lower energy costs.

The well-manicured property has lush front, back and side lawns. The backyard backs up to open space and offers peek-a-boo ocean views from the lanai.

Malulani Gardens is a gated community centrally located in the heart of Kailua Kona, close to grocery and drug stores, restaurants & services.
Low monthly HOA dues include a $15 reserve fee and $25 utility admin fee. Water is billed by the association every other month.

Last Agent to Sell the Property

Kelly Shaw

COMPASS Brokerage Phone: 8089604636 License #RB-21516 Listed on: 06/26/2022

COMPASS

Last Buyer's Agent

Kelly Shaw

COMPASS Brokerage Phone: 8089604636 License #RB-21516 Listed on: 06/26/2022

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 2001

Lot Details

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

HOA Fees

  • $181 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Private Water Source
  • Private Sewer

Community Details

  • Malulani Gardens Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 3750380040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 2001

Lot Details

0

HOA Fees

$181 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • Attribution Contact: 8089604636
  • Co List Office Phone: 8083785447
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Reso Interior Features: High Ceilings, Vaulted Ceilings
  • Living Area: 1164.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2001
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 2

Exterior Features

  • Topography: Level
  • View: HIS Sunrise, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Paved, Private, Street Lights

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 181.36
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750380040000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1937.0
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Jul 27, 2022
Sold by
Arlene F Green Revocable Living Trust
Bought by
Zachary M Rowe Family Trust
Seller's Agent
Kelly Shaw
COMPASS
Buyer's Agent
Kelly Shaw
COMPASS
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Current Estimated Value
$1,009,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,284
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Jun 25, 2021
Sold by
Green Arlene F
Bought by
Green Arlene F and Green Arlene F

Purchase Details

Closed on
Aug 15, 2017
Sold by
Brann Donald Lewis and Brann Sari Ellen
Bought by
Green Arlene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.35%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 26, 2006
Sold by
Brann Donald L and Brann Sari E
Bought by
Brann Donald Lewis and Brann Sari Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 13, 2006
Sold by
Frias Michael Wayne and Kensinger Sharon Lee
Bought by
Brann Donald L and Brann Sari E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 3, 2001
Sold by
Malulani Gardens Development Llc
Bought by
Frias Michael Wayne and Kensinger Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,300
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zachary M Rowe Family Trust -- First American Title Of Hawaii
Zachary M Rowe Family Trust -- First American Title Of Hawaii
Green Arlene F -- None Available
Green Arlene F -- Title Guaranty Escrow Svcs I
Brann Donald Lewis -- None Available
Brann Donald L $600,000 None Available
Frias Michael Wayne $296,200 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Arlene F $787,500
Previous Owner Green Arlene F $787,500
Previous Owner Brann Donald L $480,000
Previous Owner Frias Michael Wayne $287,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Off Market $840,000 -- --
08/01/2022 08/01/22 Sold $840,000 -1.2% $722 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $850,000 -- $730 / 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 $9,335 $903,400 $386,600 $516,800
2024 $9,335 $841,000 $351,500 $489,500
2023 $8,955 $806,800 $351,500 $455,300
2022 $2,323 $607,800 $266,600 $341,200
2021 $1,937 $590,100 $266,600 $323,500
2020 $6,310 $568,500 $251,300 $317,200
2019 $5,866 $528,500 $234,900 $293,600
2018 $5,681 $511,800 $231,200 $280,600
2017 $5,541 $499,200 $226,200 $273,000
2016 $5,003 $497,800 $226,200 $271,600
2015 -- $447,400 $221,300 $226,100
2014 -- $414,600 $191,800 $222,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 662066

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-038-004-0000