NOT LISTED FOR SALE

75-302 Malulani Dr Unit 3 Kailua Kona, HI 96740

Estimated Value: $1,093,000 - $1,317,000

3 Beds
2.5 Baths
1,666 Sq Ft
$722/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $590,000 $354 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,914/month

27 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Interior Lot
  • Gated Community
  • Skylights
  • Air Conditioning

About This Home

As of June 2016

PANORAMIC OCEAN VIEWS FROM NEARLY EVERY ROOM of this largest floor plan, 3BR/2.5bath home in much sought after Malulani Gardens. This light, bright and airy home is located near the top of this gated subdivision. Some of the many exceptional amenities include travertine floors throughout, stainless steel appliances, vaulted ceilings, 7 custom ceiling fans, central air conditioning and large lanais & patios from which to enjoy the prevailing breezes and tropical outdoor living. Many of the rooms have been recently painted and the cool travertine stone floors create an upscale resort environment. This home shouldn't be missed! Located just above Kailua town at a comfortable 500' elevation close to shopping, restaurants & entertainment.

Home Owners' Association fees are $94.74/mo, sewer fees are $27.67/mo, reserve assessment $10/mo, Utility administration fee $25/mo for administering the water bills and sewer bills. The water bill is paid through the HOA.

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

Last Agent to Sell the Property

C. J. Kimberly

C.J. Kimberly REALTORS Brokerage Phone: 8089376000 License #RB-8544 Listed on: 05/04/2016

Last Buyer's Agent

Chiaki Yamada

KW Big Island License #RB-23465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Stone Wall
  • Wire Fence
  • Landscaped
  • Interior Lot
  • Level Lot
  • Natural Drainage
  • Property is zoned RS-7.5

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Bay

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Stone Flooring

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

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

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 3750390100000

Community Details

Overview

  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,266

Year Built

Built in 2003

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wire
  • ResoLotFeatures: Interior Lot, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Attribution Contact: 8089376000
  • Co List Office Phone: 8083297000
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Reso Interior Features: Skylights, Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 1666.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2003
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 420
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Wireless
  • HIS_Easement: Drainage
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Stone
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Level
  • View: Bay, HIS Coastline, HIS Sunset, Ocean
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: Curbs/Gutters, Paved, Private, Street Lights

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 94.74
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750390100000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5266.2
  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 21, 2016
Sold by
Smith Scott Sherman and Smith Karen Leanne
Bought by
Sekine Reiko and Sekine Revocable Trust
Seller's Agent
C. J. Kimberly
C.J. Kimberly REALTORS
Buyer's Agent
Chiaki Yamada
KW Big Island
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Current Estimated Value
$1,202,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,145
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Jan 16, 2005
Sold by
Stark Susan L and Stark C E
Bought by
Smith Scott Sherman and Smith Karen Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2003
Sold by
Stark Edward C and Stark Susan L
Bought by
Stark Susan L and Stark C E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Malulani Gardens Development Llc
Bought by
Stark Edward C and Stark Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.54%
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
Sekine Reiko $590,000 None Available
Smith Scott Sherman $629,000 --
Stark Susan L -- --
Stark Edward C $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Scott Sherman $424,758
Previous Owner Smith Scott Sherman $500,000
Previous Owner Stark Edward C $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $590,000 -0.8% $354 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $595,000 -- $357 / 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 $3,224 $753,800 $253,400 $500,400
2024 $3,224 $731,800 $253,400 $478,400
2023 $3,201 $710,500 $253,400 $457,100
2022 $3,258 $689,800 $253,400 $436,400
2021 $3,135 $669,700 $253,400 $416,300
2020 $3,015 $650,200 $242,100 $408,100
2019 $2,899 $631,300 $233,500 $397,800
2018 $2,785 $612,900 $232,400 $380,500
2017 $2,690 $597,400 $227,400 $370,000
2016 $5,944 $591,400 $227,400 $364,000
2015 -- $524,000 $222,200 $301,800
2014 -- $494,400 $192,600 $301,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 295362

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-039-010-0000