NOT LISTED FOR SALE

75-311 Malulani Dr Unit 2 Kailua Kona, HI 96740

Estimated Value: $1,029,217 - $1,103,000

2 Beds
2 Baths
1,329 Sq Ft
$804/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $545,000 $410 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,199/month

28 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Shutters
  • Gated Community
  • Skylights
  • 2 Car Attached Garage

About This Home

As of August 2016

Located at the top of subdivision with beautiful ocean views! Meticulously cared for and upgraded by original owner. Currently the only two bedroom/two bath model available in award winning MALULANI GARDENS, a private, gated community.

* Covered, tiled front Lanai welcomes you with spectacular ocean views. Watch the start of Ironman and Cruise ship visits to the Bay.
* Central A/C keeps you cool on warm days plus there are ceiling fans in every room, including bathrooms and master closet.
* High functioning kitchen with large pantry space and granite surfaces and has direct access and pass-through to the lanai.
* Dining area has high vaulted ceilings with wonderful evening lighting from upper gable window.
* Enjoy the Hawaiian lifestyle from the private, back lanai with kitchen pass-through window, new composite decking and beautiful ocean views.
* The recently finished contemporary interior painting sets a warm and relaxing mood in every room. Most rooms boast white plantation shutters.
* Photo Voltaic electric system has 17+ years remaining on the lease plus solar water, These energy efficiency items will save $$ for years to come.
* Finished garage has a utility sink, built in cabinets, an attic for additional storage with pull down steps,
* Dual glazed windows and the home interior, exterior and ceiling are fully insulated.
* Fully landscaped with automatic sprinkler system includes an abundance of colorful tropical plantings including a ready-for-harvest mango and delicious apple bananas.

Last Buyer's Agent

Christina Menig

Hawaii Coast Realty, LLC License #RS-75631

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 2003

Lot Details

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

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Shutters
  • Drapes & Rods
  • Fire and Smoke Detector

Kitchen

  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 3750390260000

Community Details

Overview

  • Malulani Gardens Community
  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,312

Year Built

Built in 2003

Lot Details

0

HOA Fees

$157 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Landscaped, Rim Lot
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Attribution Contact: 8089368134
  • Co List Office Phone: 8083295255
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Reso Interior Features: Skylights, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 1329.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes, Shutters
  • Year Built: 2003
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • HIS_Easement: Cable, Electric, Ingress/Egress, Sewer, Telephone, Water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Other, Range, Refrigerator, Washer, Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Stories: 1
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • 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: 157.41
  • Association Fee Frequency: Monthly
  • Project: Malulani Gardens

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750390260000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1312.0
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 23, 2016
Sold by
Dixson Harley M and Dixson Deborah D
Bought by
Hodges Walter David and Hodges Carmelita Libao
Buyer's Agent
Christina Menig
Hawaii Coast Realty, LLC
List Price
$549,500
Sold Price
$545,000
Premium/Discount to List
-$4,500
-0.82%
Current Estimated Value
$1,068,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,304
Avg. Annual Appreciation
7.87%
Original Mortgage
$436,000
Outstanding Balance
$352,232
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$724,890

Purchase Details

Closed on
Nov 13, 2014
Sold by
Dixson Harley Marvin and Dixson Deborah Dee
Bought by
Harley M Dixson Trust

Purchase Details

Closed on
Aug 27, 2008
Sold by
Dixson Harley Marvin and Dixson Deborah Dee
Bought by
Dixson Harley M and Dixson Deborah D

Purchase Details

Closed on
Apr 3, 2003
Sold by
Malulani Gardens Development Llc
Bought by
Dixson Harley Marvin and Dixson Deborah Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hodges Walter David $545,000 Fntic
Harley M Dixson Trust -- None Available
Dixson Harley Marvin -- None Available
Dixson Harley M -- None Available
Dixson Harley Marvin $390,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodges Walter David $436,000
Previous Owner Dixson Harley M $270,000
Previous Owner Dixson Harley M $282,000
Previous Owner Dixson Harley Marvin $307,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $545,000 -0.8% $410 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $549,500 -- $413 / 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 $2,657 $671,100 $243,100 $428,000
2024 $2,657 $651,600 $243,100 $408,500
2023 $2,722 $632,600 $243,100 $389,500
2022 $2,793 $614,200 $243,100 $371,100
2021 $2,683 $596,300 $243,100 $353,200
2020 $2,576 $578,900 $237,400 $341,500
2019 $2,472 $562,000 $237,400 $324,600
2018 $2,371 $545,600 $235,200 $310,400
2017 $2,290 $532,300 $230,200 $302,100
2016 $1,375 $403,600 $144,500 $259,100
2015 -- $391,800 $144,500 $247,300
2014 -- $380,400 $134,500 $245,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 296492

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-039-026-0000