NOT LISTED FOR SALE

75-246 Malulani Dr Kailua Kona, HI 96740

Estimated Value: $986,935 - $1,117,000

3 Beds
2 Baths
1,410 Sq Ft
$752/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $510,000 $362 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,960/month

42 Days on Market

Highlights

  • Gated Community
  • Air Conditioning
  • 1-Story Property
  • Vaulted Ceiling
  • Ceramic Tile Flooring
  • Landscaped

About This Home

As of January 2019

Malulani Gardens is a well maintained gated community located just south of Henry Street, minutes from downtown Kona, Kailua Pier, and stores like Lowe's, Walmart and Safeway. The home front faces west and the rear is backed by Hualalai. This combination affords day and nighttime breezes flowing through the home.
This house features A/C, solar hot water and ten owned (not leased) photovoltaic panels which lower the electricity bill. Laminate wood and tile floors are throughout the home. Light, bright, airy...enjoy the essence of the Hawaiian lifestyle, from your lanai/patio. The Property boasts orange, lime and kumquat trees. All new (October 2018) stainless steel appliances with extended three year warranty. Water is public. Drip irrigation system.

The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and Buyers must independently verify any info they deem material or important to their purchase.

Last Agent to Sell the Property

Don Helow

Hawaii Coast Realty, LLC License #RB-20123 Listed on: 10/06/2018

Last Buyer's Agent

Jaelyn Rockman

eXp Realty License #RB-20783

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1999

Lot Details

  • Property fronts a private road
  • Property fronts an easement
  • Stone Wall
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-7.5

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Underground Utilities
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 375037039

Community Details

Overview

  • Malulani Gardens Community
  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,572

Year Built

Built in 1999

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cleared, Landscaped
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Co List Office Phone: 8089297063
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Reso Interior Features: High Ceilings, Vaulted Ceilings
  • Living Area: 1410.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1999
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • HIS_Easement: Cable, Electric, Sewer, Telephone, Water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: Private, Street Lights

Garage/Parking

  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 94.75
  • Association Fee Frequency: Monthly
  • Project: Malulani Gardens

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 375037039
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2018
Closed on
Jan 21, 2019
Sold by
Duruz Barbara E
Bought by
Paulsen Harold Neil and Paulsen Cecilia A
Seller's Agent
Don Helow
Hawaii Coast Realty, LLC
Buyer's Agent
Jaelyn Rockman
eXp Realty
List Price
$639,000
Sold Price
$510,000
Premium/Discount to List
-$129,000
-20.19%
Current Estimated Value
$1,060,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,734
Avg. Annual Appreciation
10.74%
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Duruz Barbara E
Bought by
Duruz Barbara E and Barbara E Duruz Trust

Purchase Details

Closed on
Mar 3, 2016
Sold by
Brandt Kenneth Carlton and Brandt Joan Elizabeth
Bought by
Duruz Barbara E

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
3.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 2016
Sold by
Brandt Kenneth Carlton and Brandt Joan Elizabeth
Bought by
Brandt Kenneth Carlton and Brandt Joan Elizabeth

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
3.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 2012
Sold by
Brandt Kenneth Carlton
Bought by
Brandt Kenneth Carlton and Brandt Joan Elizabeth

Purchase Details

Closed on
Jun 13, 2008
Sold by
Mcelrea Mcelrea Eileen Eileen
Bought by
Brandt Kenneth Carlton

Purchase Details

Closed on
Jun 17, 2005
Sold by
Byrd Shirley E
Bought by
Mcelrea Eileen E and Charles E & Eileen Mcelrea Revocable Liv

Purchase Details

Closed on
Mar 22, 2005
Sold by
Byrd Shirley E
Bought by
Byrd Shirley E and Byrd Lurtz Susie Alice

Purchase Details

Closed on
Feb 4, 2005
Sold by
Byrd Shirley E
Bought by
Byrd Shirley E and Shirley E Byrd Trust

Purchase Details

Closed on
Dec 10, 2004
Sold by
Lurtz Susie
Bought by
Byrd Shirley E

Purchase Details

Closed on
Apr 14, 2003
Sold by
Sevick John M
Bought by
Byrd Shirley E and Lurtz Susie

Purchase Details

Closed on
Dec 9, 1999
Sold by
Malulani Gardens Development Llc
Bought by
Sevick John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Paulsen Harold Neil $510,000 Fam
Duruz Barbara E -- None Available
Duruz Barbara E -- Tg
Brandt Kenneth Carlton -- Accommodation
Brandt Kenneth Carlton -- None Available
Brandt Kenneth Carlton $560,000 Tg
Mcelrea Eileen E $625,000 Fhtc
Byrd Shirley E -- --
Byrd Shirley E -- --
Byrd Shirley E -- --
Byrd Shirley E $365,000 --
Sevick John M $287,500 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulsen Harold Neil $400,000
Closed Paulsen Harold Neil $300,000
Closed Paulsen Harold Neil $300,000
Previous Owner Duruz Barbara E $855,000
Previous Owner Duruz Barbara E $175,000
Previous Owner Mcelrea Eileen $195,000
Previous Owner Sevick John M $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Off Market $510,000 -- --
01/25/2019 01/25/19 Sold $510,000 -20.2% $362 / Sq Ft
11/17/2018 11/17/18 Pending -- -- --
10/06/2018 10/06/18 For Sale $639,000 -- $453 / 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 $2,572 $677,000 $267,300 $409,700
2024 $2,572 $657,300 $267,300 $390,000
2023 $2,633 $638,200 $267,300 $370,900
2022 $2,704 $619,600 $267,300 $352,300
2021 $2,593 $601,600 $267,300 $334,300
2020 $2,485 $584,100 $256,400 $327,700
2019 $2,228 $542,200 $238,000 $304,200
2018 $2,130 $526,400 $236,000 $290,400
2017 $2,052 $513,600 $231,000 $282,600
2016 $1,307 $390,600 $142,100 $248,500
2015 -- $379,200 $142,100 $237,100
2014 -- $368,200 $134,800 $233,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 620700

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-037-039-0000