NOT LISTED FOR SALE

75-274 Malulani Dr Kailua Kona, HI 96740

Estimated Value: $989,000 - $1,081,000

2 Beds
2 Baths
1,164 Sq Ft
$892/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $921,000 $791 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,111/month

7 Days on Market

Highlights

  • Ocean View
  • Attached Garage
  • Stone Wall
  • Gated Community

About This Home

As of February 2023

You can move right in to this beautifully updated and privately located single level 2 bedroom / 2 bath home in coveted Malulani Gardens. The larger than usual lot has ocean and sunset views, front and rear covered lanais and lush tropical landscaping to enjoy outdoor island living.

Just look at these improvements made within the last 5 Years:
- Upgraded kitchen: all new Diamond cabinetry, quartz counters, subway tile backsplash, under-cabinet lighting, gas double oven, appliance garage
- Remodeled bathrooms: new cabinetry, quartz counters, tiled showers with glass block enclosure
- Coordinating "Monkeypod" Laminate flooring or Luxury Vinyl Plank flooring throughout
- New Milgard vinyl windows, dual glazed, double hung
- Bay window with window seat looks out to stunning Blue Jade vine-covered pergola
- All new lighting and fans, including lanai
- Both front entry lanai and west-facing lanai have been tiled
- Electrolux built-in vacuum system
- New in 2021: solar water heater and panels; solar attic fan
- Repainted interior and exterior; gutters installed
- Air conditioning split-system installed 2018
- Exterior retractable sun shades for great room and bedroom windows
Enjoy energy savings with the leased photo voltaic system
The yard is a Gardener's Delight: 4 raised vegetable beds, banana, olive tree, 2 garden sheds. Lush landscaping includes large lawn plus fragrant plumeria, gardenia, pikake, pua keni keni, mock orange, hibiscus, plus much more.
Malulani Gardens is a private gated community conveniently located to Kailua-Kona for shopping, dining, services and recreation. The community has three well-maintained parks, beautiful rock walls, sidewalks and streetlights.

Last Agent to Sell the Property

Cindy Whittemore

NextHome Paradise Realty Brokerage Phone: 8089891920 License #RS-61689 Listed on: 12/29/2022

NextHome Paradise Realty

Last Buyer's Agent

Pamela Ashburn

Aloha Kona Realty Inc. License #RS-55525

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 2000

Lot Details

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

HOA Fees

  • $115 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Pasture

Home Design

  • 1,164 Sq Ft Home

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Deeded Parking

Utilities

  • Private Water Source
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 3750380330000

Community Details

Overview

  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 2000

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • Road Frontage Type: HIS Pasture
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Gated Community
  • Attribution Contact: 8089891920
  • Co List Office Phone: 8087315242
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Living Area: 1164.0
  • Property Attached Yn: No
  • Year Built: 2000
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Curbs/Gutters, Paved, Private, Street Lights

Garage/Parking

  • Parking Features: Attached, Covered, Deeded

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750380330000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2565.3
  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Jan 30, 2023
Sold by
Revocable Trust
Bought by
Janiszewski Claudia M and Herbert Jeanne B
Seller's Agent
Cindy Whittemore
NextHome Paradise Realty
Buyer's Agent
Pamela Ashburn
Aloha Kona Realty Inc.
List Price
$899,000
Sold Price
$921,000
Premium/Discount to List
$22,000
2.45%
Views
23
Current Estimated Value
$1,037,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,720
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 14, 2017
Sold by
Vanhorn William M and Vanhorn Van Horn
Bought by
Jossy Carol A and Revocable Trust Of Carol A Jossy
Seller's Agent
Marty Kimball
LUVA LLC
Buyer's Agent
Cindy Whittemore
NextHome Paradise Realty
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$125,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2000
Sold by
Malulani Gardens Development Llc
Bought by
Vanhorn William M and Vanhorn Lorraine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Janiszewski Claudia M -- Title Guaranty & Escrow Servic
Jossy Carol A $525,000 Old Republic Title & Escrow
Vanhorn William M $293,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jossy Carol A $125,000
Previous Owner Vanhorn William M $164,000
Previous Owner Vanhorn William M $50,000
Previous Owner Vanhorn William M $40,000
Previous Owner Vanhorn William M $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Off Market $921,000 -- --
02/10/2023 02/10/23 Sold $921,000 +2.4% $791 / Sq Ft
12/27/2022 12/27/22 For Sale $899,000 +71.2% $772 / Sq Ft
05/22/2017 05/22/17 Off Market $525,000 -- --
02/21/2017 02/21/17 Sold $525,000 -4.4% $442 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $549,000 -- $462 / 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 $4,098 $900,000 $373,200 $526,800
2024 $4,098 $873,800 $373,200 $500,600
2023 $2,800 $665,300 $319,800 $345,500
2022 $2,565 $645,900 $300,400 $345,500
2021 $6,552 $590,300 $286,700 $303,600
2020 $2,229 $542,500 $252,000 $290,500
2019 $2,132 $526,700 $252,000 $274,700
2018 $2,038 $511,400 $249,000 $262,400
2017 $1,176 $364,000 $131,400 $232,600
2016 $1,124 $353,400 $131,400 $222,000
2015 -- $343,100 $131,400 $211,700
2014 -- $333,100 $124,600 $208,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 701254

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-038-033-0000