NOT LISTED FOR SALE

75-661 Makapono Place Kailua Kona, HI 96740

Estimated Value: $2,863,950 - $4,316,000

4 Beds
4 Baths
4,016 Sq Ft
$925/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $2,400,000 $598 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $21,200/month

205 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • 2 Car Garage
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Shutters

About This Home

As of September 2019

Embrace the magic of relaxed authentic Hawaiian living. Where island elegance meets casual comfort, this unique home and property capture the essence of Hawaii’s spirit of Aloha. “Hale Ke Ola”- meaning house of life in the Hawaiian language, is set on the slopes of Mt. Hualalai at a desirable 900 ft. elevation. Among the unique features on this property is the commanding presence of an enormous historic banyan tree with pendulous aerial roots that inspire mystery and imagination. Within the gated 47-acre subdivision this 2.53-acre parcel was chosen by the developer for its unique features and location presenting miles of dramatic unobstructed ocean and coastline views and year round sunsets. Call it a “sense of arrival, as you approach a place that suggests comfort and sanctuary from daily cares. This is the first and lasting impression and, best described as a home with timeless quality. Pride of ownership and attention to detail was given in it’s earliest construction starting with placement around the natural environment.
"This property is a rare find. Much better experienced in person to completely appreciate it’s vast sought after views, elegance and unique character".
Living area approx. 4000 Sq. Ft.
4 bedrooms 4 full baths
Separate bonus room, "at present a fitness center"
Separate Guest cottage
Granite, travertine & marble kitchen & baths
Stainless steel appliances with gas cooktop
Custom solid Mango wood kitchen cabinetry
Custom redwood louvered windows & cedar pocket sliding doors
Indigenous Koa, Mango, and Monkey Pod custom woodwork
Wood burning fireplace- Solar hot water & heated pool
2-car garage plus 2 stall carport - Dog run
Gated community- No CCR's- Holualoa School District
Seller available to manage the property for part-time owners
The estate property is remarkably low maintenance for its size.
Property is conveniently accessed from both upper and lower roads.

Last Agent to Sell the Property

Gayle Ching

Premier Island Properties LLC Brokerage Phone: 8089879155 License #RS-40163 Listed on: 01/16/2019

Last Buyer's Agent

Jonathan McCumsey

Corcoran Pacific Properties License #RB-21680

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,848

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Landscaped
  • Lot Has A Rolling Slope
  • Grass Covered Lot
  • Property is zoned A-5A

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • City
  • Mountain
  • Garden

Interior Spaces

  • 4,016 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Shutters

Kitchen

  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Air Conditioning
  • Mini Split Air Conditioners
  • Underground Utilities
  • Cesspool
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Puapuaanui Waiaha 1St Subdivision
  • Gated Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 11
  • Assessor Parcel Number 3750160060000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,848

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Grassy, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Gated Community
  • Attribution Contact: 8089879155
  • Co List Office Phone: 8088858885
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUAPUAANUI - WAIAHA 1ST
  • Reso Interior Features: High Ceilings, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 4016.0
  • Property Attached Yn: No
  • Reso Window Features: Shutters
  • Year Built: 2002
  • Tax Year: 2018
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home, Single Level, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_Easement: Other (remarks)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 4
  • Flooring: Carpet, Concrete
  • Total Bathrooms: 4

Exterior Features

  • Topography: Gentle Slope,Rolling Terrain
  • View: Bay, City, Garden, HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, Heated, In Ground
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered, Detached

Utilities

  • Cooling: Cash, HIS Air Conditioning, HIS Individual Cooling
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750160060000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5848.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Sep 10, 2019
Sold by
Russell Angelese and Angelese Russell Trust
Bought by
Kalnins Edward Charles and Kalinins Bella Mcguan
Seller's Agent
Gayle Ching
Premier Island Properties LLC
Buyer's Agent
Jonathan McCumsey
Corcoran Pacific Properties
List Price
$3,200,000
Sold Price
$2,400,000
Premium/Discount to List
-$800,000
-25%
Current Estimated Value
$3,715,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,315,488
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Jun 14, 2017
Sold by
Russell Angelese and Robert Russell Trust
Bought by
Russell Angelese and Angelese Russell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2016
Sold by
Russell Angelese and Parker Randall
Bought by
Russell Angelese and Robert Russell Trust

Purchase Details

Closed on
Apr 8, 2016
Sold by
Russell Robert and Russell Angelese
Bought by
Robert Russell Trust

Purchase Details

Closed on
Sep 24, 2001
Sold by
Makapono Partners Llc
Bought by
Russell Robert and Robert Russell Trust

Purchase Details

Closed on
Apr 11, 2001
Sold by
Makapono Partners Llc
Bought by
Russell Robert and Robert Russell Trust

Purchase Details

Closed on
Nov 30, 2000
Sold by
Makapono Partners Llc
Bought by
Russell Robert and Robert Russell Trust

Purchase Details

Closed on
Oct 8, 1999
Sold by
Duarte Patrick J
Bought by
Makapono Partners Llc
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
Kalnins Edward Charles $2,400,000 Fam
Russell Angelese -- Or
Russell Angelese -- None Available
Robert Russell Trust -- None Available
Russell Robert -- None Available
Russell Robert $1,000 First Hawaii Title Corp
Werner Clarence L $1,000 First Hawaii Title Corp
Pettit Danny E $1,000 First Hawaii Title Corp
Makapono Partners Llc $1,000 First Hawaii Title Corp
Russell Robert $1,000 --
Russell Robert $1,000 --
Makapono Partners Llc $1,450,000 First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Angelese $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Off Market $2,400,000 -- --
12/16/2019 12/16/19 Off Market $2,400,000 -- --
09/17/2019 09/17/19 Sold $2,400,000 -25.0% $598 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $3,200,000 -- $797 / 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 $13,345 $2,500,600 $413,900 $2,086,700
2024 $13,345 $2,427,800 $413,900 $2,013,900
2023 $13,358 $2,357,100 $413,900 $1,943,200
2022 $13,351 $2,330,900 $354,000 $1,976,900
2021 $13,179 $2,263,000 $354,000 $1,909,000
2020 $12,788 $2,199,300 $346,500 $1,852,800
2019 $6,046 $1,103,100 $244,800 $858,300
2018 $5,849 $1,071,000 $244,800 $826,200
2017 $18,202 $1,946,700 $306,400 $1,640,300
2016 $5,470 $1,009,500 $244,800 $764,700
2015 -- $980,100 $244,800 $735,300
2014 -- $951,600 $225,500 $726,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 624940

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-016-006-0000