NOT LISTED FOR SALE

75-5494 Kona Bay Dr Kailua Kona, HI 96740

Estimated Value: $2,965,000 - $4,493,000

3 Beds
3.5 Baths
3,125 Sq Ft
$1,176/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $2,830,000 $906 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $23,114/month

4 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Wood Flooring
  • Gated Community
  • Vaulted Ceiling
  • Home Office

About This Home

As of September 2013

An oceanfront estate that showcases the very essence of our Hawaiian lifestyle! Set within the prestigious gated community of Kona Bay Estates, this gracious home designed by Robert Nespor features spacious living areas, both inside and out, lofty ceilings & high quality finishes.

Enter the home through double doors behind a decorative entry gate. Brazilian slate floors, & mahogany doors & windows are featured throughout the main floor. Tall glass doors open on three sides of the living & dining areas. Louvered doors can be closed for privacy. The koa media center in the living area beautifully conceals entertainment equipment.

A large covered lanai offers comfortable outdoor living for lounging or dining & enjoying the gentle ocean breezes. The ocean is steps away & there is a small white sand beach nearby.

The spacious kitchen boasts copious koa cabinetry. A center island with smooth cook-top, 2 ovens, one conventional and one convection, counter tops in granite tile & a huge amount of work space are perfect for the serious chef. A wet bar & bar refrigerator with icemaker are adjacent to the dining area.

The master suite is large & offers access to the oceanfront lanai. The attractive bath features dual vanities in granite tile, koa cabinetry & a large walk-in shower. A powder room is also located on the lower level.

A gorgeous koa staircase leads to the two upstairs guest bedrooms, each with its own bath, & an office or den with double doors currently used as a 4th bedroom. All flooring on the upper level is of koa.

The three-car garage includes a workshop area & extra storage. The home is currently in vacation rental & is to be offered turnkey furnished, exclusive of some art & decorative rugs.

Last Buyer's Agent

Kurt Carlson

LUVA LLC License #RB-21704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,461

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Stone Wall
  • Landscaped
  • Property is zoned RS-15

HOA Fees

  • $851 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Double Stud Wall

Interior Spaces

  • 3,125 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Shutters
  • Blinds
  • Home Office
  • Ocean Views
  • Fire Sprinkler System

Kitchen

  • Double Convection Oven
  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Underground Utilities
  • Septic Tank
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 9,55
  • Assessor Parcel Number 3750050230000

Community Details

Overview

  • Kona Bay Estates Subdivision

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,461

Year Built

Built in 1996

Lot Details

0

HOA Fees

$851 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cul-De-Sac, Landscaped
  • ResoSecurityFeatures: Fire Sprinkler System, Gated Community, Security Guard, Security Patrol
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA BAY ESTATES
  • Reso Interior Features: Office, Skylights, Vaulted Ceilings
  • Living Area: 3125.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Shutters
  • Year Built: 1996
  • Tax Year: 2013
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • View: Ocean
  • Waterfront: Yes
  • Exterior Features: Lightning
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached

Utilities

  • Cooling: Cash, HIS Air Conditioning
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 851.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750050230000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15461.0
  • Tax Lot: 9,55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Priest Alan Kent and Brown Janice Annette
Bought by
Priest Alan K and Brown Janice A
Current Estimated Value
$3,673,651

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 26, 2013
Sold by
Priest Alan Kent and Brown Janice Annette
Bought by
Priest Alan K and Alan K Priest Trust
Buyer's Agent
Kurt Carlson
LUVA LLC
List Price
$2,500,000
Sold Price
$2,830,000
Premium/Discount to List
$330,000
13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 20, 2013
Sold by
Hess Martin and Estrada Cindy
Bought by
Priest Alan Kent and Brown Janice Annette
Buyer's Agent
Kurt Carlson
LUVA LLC
List Price
$2,500,000
Sold Price
$2,830,000
Premium/Discount to List
$330,000
13.2%

Purchase Details

Closed on
Feb 8, 2005
Sold by
Kelce Robert D
Bought by
Hess Martin and Estrada Cindy

Purchase Details

Closed on
Aug 1, 2003
Sold by
Robison Kelce Robert David and Robison Kelce Diane
Bought by
Kelce Robert D and Robert D Kelce Living Trust

Purchase Details

Closed on
Oct 10, 1997
Sold by
State Of Hawaii
Bought by
Robison Kelce Robert David and Robison Kelce Diane
Source: Public Records

Range of Values:

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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
Priest Alan K -- None Available
Priest Alan Kent -- None Available
Priest Alan K -- Fntic
Priest Alan Kent $2,830,000 Fntic
Hess Martin $3,150,000 Tg
Kelce Robert D -- --
Robison Kelce Robert David -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2013 09/05/13 Sold $2,830,000 +13.2% $906 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $2,500,000 -- $800 / 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 $36,404 $3,476,400 $1,531,400 $1,945,000
2024 $36,404 $3,044,400 $1,196,600 $1,847,800
2023 $34,645 $2,915,100 $1,196,600 $1,718,500
2022 $33,420 $2,825,000 $1,106,500 $1,718,500
2021 $29,705 $2,551,800 $1,075,600 $1,476,200
2020 $28,886 $2,491,600 $1,044,300 $1,447,300
2019 $26,414 $2,379,600 $1,044,300 $1,335,300
2018 $25,296 $2,278,900 $1,004,300 $1,274,600
2017 $24,918 $2,244,900 $1,004,300 $1,240,600
2016 $22,232 $2,212,100 $948,500 $1,263,600
2015 -- $2,534,000 $954,900 $1,579,100
2014 -- $3,004,800 $922,300 $2,082,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 264673

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-005-023-0000