NOT LISTED FOR SALE

75-256 Malulani Dr Kailua Kona, HI 96740

Estimated Value: $1,007,000 - $1,097,000

2 Beds
2 Baths
1,343 Sq Ft
$781/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $750,000 $558 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,122/month

6 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • Cul-De-Sac
  • Pool and Spa
  • Wood Flooring
  • Attached Garage

About This Home

As of September 2021

Located in the pleasant & gated community of Malulani Gardens within walking distance to the heart of Kailua-Kona, this home offers functionality and convenience!

Enter through the front lanai and into the home you’ll immediately notice the vaulted ceilings throughout and beautiful hardwood floors. The kitchen offers lots of cabinet space, good size pantry, stainless steel appliances, upgraded solid granite countertops with a bar area for additional seating. The dining area features large windows for natural lighting & a window seat. The home features two spacious bedrooms nicely spread out for privacy and two full bathrooms. Owners-suite has additional space for a home office or sitting area, a large walk-in closet & the private bath offers tiled shower and dual sinks. Plus direct access to the backyard lanai.

The backyard is completely fenced & one can enjoy the beautiful low maintenance landscaping, covered patio, built-in jacuzzi, and views of a large open parcel which currently adds some extra added privacy. Also, peek-a-boo ocean views.

Home offers 22 photovoltaic panels, solar hot water system to reduce your energy bills. Central air conditioning is an added bonus when living in the heart of Kailua-Kona.

Malulani Gardens is a planned community of very well-kept homes, large sidewalks, and pet-friendly which allows for two domestic animals up to 100lbs.

Once you enter through the gates of this community you immediately forget how close you are to town and all of the daily conveniences. One can get used to living within walking distance to big box stores including Lowe’s, Walmart, Safeway, restaurants, banks, Starbucks, Planet Fitness and so much more. Welcome home!

Last Agent to Sell the Property

Heidi K. Perreira

Lava Rock Realty, LLC License #RS-66980 Listed on: 08/10/2021

Last Buyer's Agent

Andrea Aana

Redfin Corporation License #RS-68553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 2002

Lot Details

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

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 1,343 Sq Ft Home
  • Blinds

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Above Ground Pool

Utilities

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

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 375038025

Community Details

Overview

  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,659

Year Built

Built in 2002

Lot Details

0

HOA Fees

$101 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cul-De-Sac
  • ResoSecurityFeatures: Gated Community
  • Co List Office Phone: 8088872500
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Living Area: 1343.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 2002
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Topography: Fairly Level
  • View: Mountain(s), Ocean Horizon
  • Pool Features: Above Ground, Pool/Spa Combo
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 101.36
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 375038025
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 21, 2021
Sold by
Cummins Christopher and Dempsey Living Trust
Bought by
Peh Rosemary Y and Peh Paul C
Seller's Agent
Heidi K. Perreira
Lava Rock Realty, LLC
Buyer's Agent
Andrea Aana
Redfin Corporation
List Price
$696,000
Sold Price
$750,000
Premium/Discount to List
$54,000
7.76%
Current Estimated Value
$1,049,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,159
Avg. Annual Appreciation
8.99%
Original Mortgage
$450,000
Outstanding Balance
$348,106
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$701,053

Purchase Details

Listed on
Mar 9, 2015
Closed on
Aug 27, 2015
Sold by
Dempsey Robert L and Dempsey Chung Cha
Bought by
Dempsey Living Trust
Seller's Agent
Savannah Scott
Real Broker LLC
Buyer's Agent
Peggy Yuan
Lava Rock Realty, LLC
List Price
$522,500
Sold Price
$511,250
Premium/Discount to List
-$11,250
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$409,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jul 6, 2015
Sold by
Thayer John P and Thayer Joan H
Bought by
Dempsey Robert L and Dempsey Chung Cha
Seller's Agent
Savannah Scott
Real Broker LLC
Buyer's Agent
Peggy Yuan
Lava Rock Realty, LLC
List Price
$522,500
Sold Price
$511,250
Premium/Discount to List
-$11,250
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Mar 5, 2014
Sold by
Thayer John P
Bought by
Thayer John P and Thayer Joan H
Seller's Agent
Joyce Murphy
Kona Homes
Buyer's Agent
Savannah Scott
Real Broker LLC
List Price
$469,000
Sold Price
$444,000
Premium/Discount to List
-$25,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$266,400
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jan 13, 2014
Sold by
Stanley Brian Henry
Bought by
Thayer John P
Seller's Agent
Joyce Murphy
Kona Homes
Buyer's Agent
Savannah Scott
Real Broker LLC
List Price
$469,000
Sold Price
$444,000
Premium/Discount to List
-$25,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2011
Closed on
May 24, 2012
Sold by
Anderson Robert Ellis and Anderson Esther
Bought by
Stanley Brian Henry
Seller's Agent
Joyce Murphy
Kona Homes
Buyer's Agent
D. Kimiko White
Rainbow Properties
List Price
$429,900
Sold Price
$385,000
Premium/Discount to List
-$44,900
-10.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$250,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Malulani Gardens Development Llc
Bought by
Anderson Robert Ellis and Anderson Esther
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
Peh Rosemary Y $750,000 Or
Dempsey Living Trust -- None Available
Dempsey Robert L $511,250 None Available
Thayer John P -- None Available
Thayer John P $444,000 None Available
Stanley Brian Henry -- None Available
Anderson Robert Ellis $316,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peh Rosemary Y $450,000
Previous Owner Dempsey Robert L $409,000
Previous Owner Thayer John P $266,400
Previous Owner Stanley Brian Henry $250,000
Previous Owner Anderson Robert Ellis $181,000
Previous Owner Anderson Esther $174,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $750,000 +7.8% $558 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $696,000 +36.1% $518 / Sq Ft
07/10/2015 07/10/15 Sold $511,250 -2.2% $381 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $522,500 +17.7% $389 / Sq Ft
01/18/2014 01/18/14 Sold $444,000 -5.3% $331 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $469,000 +21.8% $349 / Sq Ft
05/31/2012 05/31/12 Sold $385,000 -10.4% $287 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $429,900 -- $320 / 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 $3,659 $788,000 $305,600 $482,400
2024 $3,659 $765,000 $305,600 $459,400
2023 $3,645 $742,700 $305,600 $437,100
2022 $3,697 $721,100 $284,000 $437,100
2021 $2,221 $591,200 $242,500 $348,700
2020 $2,116 $574,000 $237,200 $336,800
2019 $2,013 $557,300 $237,200 $320,100
2018 $1,913 $541,100 $235,100 $306,000
2017 $1,831 $527,800 $230,100 $297,700
2016 $1,822 $526,200 $230,100 $296,100
2015 -- $468,100 $224,100 $244,000
2014 -- $437,000 $194,200 $242,800
Source: Public Records

Agents Affiliated with this Home

  • Heidi K. Perreira

    Seller's Agent in 2021

    Heidi K. Perreira

    Lava Rock Realty, LLC

    (808) 987-8299

    4 in this area

    49 Total Sales

    Heidi K. Perreira
    Section Image

  • A

    Buyer's Agent in 2021

    Andrea Aana

    Redfin Corporation

    Andrea Aana
    Section Image
  • Savannah Scott

    Seller's Agent in 2015

    Savannah Scott

    Real Broker LLC

    (808) 798-4454

    11 in this area

    17 Total Sales

    Savannah Scott
    Section Image
  • Peggy Yuan

    Buyer's Agent in 2015

    Peggy Yuan

    Lava Rock Realty, LLC

    (808) 895-8863

    32 Total Sales

    Peggy Yuan
    Section Image
  • Joyce Murphy

    Seller's Agent in 2014

    Joyce Murphy

    Kona Homes

    (808) 443-4302

    13 in this area

    21 Total Sales

    Joyce Murphy
    Section Image
  • D. Kimiko White

    Buyer's Agent in 2012

    D. Kimiko White

    Rainbow Properties

    (808) 938-5727

    1 in this area

    16 Total Sales

    D. Kimiko White
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 651798

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-038-025-0000

Hawaii Hawaii County Kailua Kona 96740

75-256 Malulani Dr, Kailua Kona, HI

This home is located at 75-256 Malulani Dr, Kailua Kona, HI 96740 since 10 August 2021 and is currently estimated at $1,049,159, approximately $781 per square foot. This property was built in 2002. 75-256 Malulani Dr is a home located in Hawaii County with nearby schools including Holualoa 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.

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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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