NOT LISTED FOR SALE

75-5442 Kona Bay Dr Kailua-Kona, HI 96740

Estimated Value: $1,704,000 - $4,608,000

4 Beds
3.5 Baths
2,687 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $1,740,000 $648 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $21,852/month

37 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • High Ceiling
  • In Ground Pool
  • Waterfront
  • Security Guard

About This Home

As of February 2018

Kona Bay Estates is an exclusive and private beachfront community located in Kailua-Kona. This luxury oceanfront home boasts four comfortable bedroom suites and an open floor plan that captures the warmth of the sun and soothing tropical breezes. Enjoy watching humpback whales, sunning green sea turtles, and stunning sunsets from the gracious lanai and the revitalizing fresh water pool. Just a short walk from the home, and within Kona Bay Estates, is a perfect place for the entire family to sunbathe, snorkel and explore tide pools teeming with sea life called Keiki Beach. Old Kona Town and Alii Drive are minutes away by foot, or bike, where you can find great shopping and sumptuous dining options. Kailua Kona is known for Kona Coffee, premiere big game fishing, world class diving and the home of the Iron Man Triathlon and Hawaii International Billfish Tournament. There is a reason why generations of Hawaiian royalty loved and lived on Kona Bay –come and experience it for yourself!

Last Agent to Sell the Property

J. Douglas Beaton

Hawaii Pacific Brokers, LLC Brokerage Phone: 8089363168 License #RS-62187 Listed on: 11/27/2017

Co-Listed By

Scott Craven

Hawaii Pacific Brokers, LLC Brokerage Phone: 8089363168 License #RS-68186

Last Buyer's Agent

J. Douglas Beaton

Hawaii Pacific Brokers, LLC Brokerage Phone: 8089363168 License #RS-62187 Listed on: 11/27/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,552

Year Built

  • Built in 1992

Lot Details

  • Waterfront
  • Property fronts a private road
  • Stone Wall
  • Wood Fence
  • Property is zoned RS-15

HOA Fees

  • $1,012 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,687 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Drapes & Rods
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • In Ground Pool

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 42
  • Assessor Parcel Number 3750050420000

Community Details

Overview

  • Kona Bay Estates Subdivision

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,552

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,012 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wood
  • ResoSecurityFeatures: Fire Sprinkler System, Gated Community, Security Guard, Security Patrol, Security System
  • Co List Office Mls Id: 1267
  • Co List Office Phone: 8006675028
  • Attribution Contact: 8089363168
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA BAY ESTATES
  • Reso Interior Features: High Ceilings, Vaulted Ceiling(s)
  • Unit Levels: Two
  • Living Area: 2687.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 1992
  • Tax Year: 2014
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: DSL
  • HIS_WaterHeater: Solar
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Carpet, Slate
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • View: Ocean, Sunset
  • Pool Features: In Ground
  • Waterfront: Yes
  • Roads: Private

Garage/Parking

  • Parking Features: Covered

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1012.33
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750050420000

Tax Info

  • Tax Annual Amount: 12552.0
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Feb 15, 2018
Sold by
Klaue Family Partnership Lp
Bought by
Kona Holdings Llc
Seller's Agent
J. Douglas Beaton
Hawaii Pacific Brokers, LLC
Buyer's Agent
J. Douglas Beaton
Hawaii Pacific Brokers, LLC
List Price
$1,895,000
Sold Price
$1,740,000
Premium/Discount to List
-$155,000
-8.18%
Current Estimated Value
$3,355,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,615,470
Avg. Annual Appreciation
9.06%
Original Mortgage
$1,392,000
Outstanding Balance
$1,184,307
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$2,171,163

Purchase Details

Closed on
Jan 8, 2015
Sold by
C 1031 Properties Inc
Bought by
Klaue Family Partnership Lp

Purchase Details

Closed on
Mar 24, 2006
Sold by
Schickli K Dillon
Bought by
C 1031 Properties Llc

Purchase Details

Closed on
Jul 29, 2003
Sold by
Furness Timothy Lee and Furness Michelle Carole
Bought by
Schickli K Dillon

Purchase Details

Closed on
May 1, 2000
Sold by
Elliott Linda May
Bought by
Furness Timothy Lee and Furness Michelle Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.5%

Purchase Details

Closed on
Feb 22, 1999
Sold by
Elliott Wright Linda
Bought by
Elliott Linda May and Linda May Elliott Trust

Purchase Details

Closed on
Dec 1, 1998
Sold by
Wright Harry O and Elliott Wright Linda
Bought by
Elliot Wright Linda

Purchase Details

Closed on
Mar 31, 1998
Sold by
Wright Harry Oliver and Elliott Wright Linda
Bought by
Wright Harry O and Elliott Wright Linda

Purchase Details

Closed on
Oct 10, 1997
Sold by
State Of Hawaii
Bought by
Wright Harry Oliver and Elliott Wright Linda
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
Kona Holdings Llc $1,740,000 None Available
Klaue Family Partnership Lp -- None Available
C 1031 Properties Llc $2,825,000 First American Title Co Inc
Schickli K Dillon $1,400,000 --
Furness Timothy Lee $1,250,000 --
Elliott Linda May -- --
Elliot Wright Linda -- --
Wright Harry O -- --
Wright Harry Oliver -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kona Holdings Llc $1,392,000
Previous Owner Furness Timothy Lee $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Off Market $1,740,000 -- --
02/22/2018 02/22/18 Sold $1,740,000 -8.2% $648 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $1,895,000 -- $705 / 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 $37,444 $3,507,900 $1,264,300 $2,243,600
2024 $37,444 $3,120,900 $988,100 $2,132,800
2023 $32,227 $2,737,300 $988,100 $1,749,200
2022 $34,241 $2,885,400 $901,900 $1,983,500
2021 $30,721 $2,626,500 $876,800 $1,749,700
2020 $29,906 $2,566,600 $851,200 $1,715,400
2019 $27,791 $2,503,700 $851,200 $1,652,500
2018 $26,135 $2,354,500 $811,200 $1,543,300
2017 $25,674 $2,313,000 $811,200 $1,501,800
2016 $21,107 $2,222,300 $743,900 $1,478,400
2015 -- $2,001,200 $751,000 $1,250,200
2014 -- $1,249,000 $725,400 $523,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 612628

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-005-042-0000