NOT LISTED FOR SALE

75-693 Paai Place Kailua Kona, HI 96740

Estimated Value: $2,873,138 - $3,668,000

4 Beds
4 Baths
3,277 Sq Ft
$942/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $1,650,000 $504 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $18,938/month

17 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Cul-De-Sac
  • In Ground Pool
  • Gazebo
  • Skylights

About This Home

As of August 2020

Welcome to “Hale 'O Ka Mokupuni” (House of the Island). Vintage Hawaii meets modern flair with all the bells and whistles for fine tropical living. Stunning Kailua Bay and ocean views with a large beautiful pool. Available furnished with pre-paid lease photovoltaic. Surrounded by beautiful rock walls for those seeking the utmost privacy.

Enter your paradise of awe-inspiring Kailua Bay and blue ocean views in all directions! A delightful estate residence in a cul-de-sac location and stunningly gated, for your own private Hawaii resort feel!
This sprawling island estate of 4 bedrooms and 4 bathrooms, can be used as a primary residence, a vacation home, and/or as a multi-family estate with 3 individual living areas if you prefer. Endless ways to use this tropical paradise for your own individual tastes.

Discover your own fitness center, equipped with the latest state of the art exercise equipment ready for your use, before plunging into the big beautiful black bottom pool with a basalt edge. The outdoor pool cabana and newer flagstone decking is pure enjoyment while serving your friends and family beverages or perhaps some pupu’s! Fruit trees? Oh yes! An assortment of wonder citrus and avocado to pick at your leisure!

At an ideal elevation of approx. 800’ this wonderful estate has tropical gardens in every direction while enjoying the amazing views! Extensively remodeled in 2015, 2016 and again in 2020 with more improvements, including complete house painting, enclosure of the downstairs living area and fitness center, new flooring for all the downstairs locations, improvements to the cabana off the pool and updated landscape throughout.

Last Agent to Sell the Property

Kathy Christiansen

Premier Island Properties LLC Brokerage Phone: 8088969000 License #RB-19101 Listed on: 06/29/2020

Last Buyer's Agent

Carrie Nicholson

Kohanaiki Realty LLC License #RB-19302

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1983

Lot Details

  • Property fronts a county road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Stone Wall
  • Wood Fence
  • Landscaped
  • Terraced Lot
  • Property is zoned RA-.5A

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

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

Home Design

  • Double Stud Wall

Interior Spaces

  • 3,277 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Track Lighting
  • Shutters
  • Blinds
  • Stained Glass

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Gazebo

Utilities

  • Zoned Heating and Cooling
  • Cesspool
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kona Orchard Community
  • Kona Orchard Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7-C
  • Assessor Parcel Number 3750250300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,032

Year Built

Built in 1983

Lot Details

0

HOA Fees

$10 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wood
  • ResoLotFeatures: Cul-De-Sac, Dead End, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Fire Sprinkler System, Secured Garage/Parking, See Remarks, Smoke Detector(s)
  • Attribution Contact: 8088969000
  • Co List Office Phone: 8088858885
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA ORCHARD SUBDIVISION
  • Reso Interior Features: Built-in Features, High Ceilings, Skylights, Stained/Leaded Glass, Track Lightning, Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 3277.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Shutters
  • Year Built: 1983
  • Tax Year: 2019
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: DSL
  • HIS_Easement: Water
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Flooring: Ceramic Tile, Concrete
  • Stories: 2
  • Total Bathrooms: 4
  • Design: Double Wall

Exterior Features

  • Topography: Terraced
  • View: Bay, City, Garden, HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, HIS Plaster, In Ground, Outdoor Pool
  • Waterfront: No
  • Home Warranty: Yes
  • Exterior Features: Lightning
  • Other Structures: Gazebo
  • Roads: County, Paved, Street Lights

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered

Utilities

  • Cooling: HIS Air Conditioning, Zoned
  • Heating: Zoned
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 10.0
  • Association Fee Frequency: Monthly
  • Project: Kona Orchard

Lot Info

  • Zoning: RA-.5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750250300000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3031.96
  • Tax Lot: 7-C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Brindle Daniel P and Brindle Chien Shun
Bought by
Ballenita Hale Llc
Current Estimated Value
$3,088,535

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 26, 2020
Sold by
Greenwell Andrew and Salvesen Paal
Bought by
Brindle Daniel P and Brindle Chien Shun
Seller's Agent
Kathy Christiansen
Premier Island Properties LLC
Buyer's Agent
Carrie Nicholson
Kohanaiki Realty LLC
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$1,200,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2018
Closed on
Jul 26, 2019
Sold by
Falcone John Jeffrey and Hixson Ronald Fletcher
Bought by
Greenwell Andrew and Salvesen Paal
Buyer's Agent
Kathy Christiansen
Premier Island Properties LLC
List Price
$1,395,000
Sold Price
$1,225,000
Premium/Discount to List
-$170,000
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.09%
Original Mortgage
$980,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jun 9, 2014
Sold by
Watkins Kenneth M and Watkins Darina Ann
Bought by
Falcone John Jeffrey and Hixson Ronald Fletcher
Buyer's Agent
Roxanne Baker
Kona Coast Realty Corporation
List Price
$875,000
Sold Price
$862,500
Premium/Discount to List
-$12,500
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$462,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2011
Closed on
May 13, 2012
Sold by
Williams Donald Arthur
Bought by
Watkins Kenneth M and Watkins Darina Ann
Seller's Agent
Kathy Christiansen
Premier Island Properties LLC
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Salas David E
Bought by
Williams Donald Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2002
Sold by
Peckham Larry D and Peckham Peggy S
Bought by
Salas David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
8.88%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Peckham Larry D and Peckham Peggy S
Bought by
Peckham Larry D and Peckham Peggy S

Purchase Details

Closed on
Nov 25, 1996
Sold by
Wong George K F and Wong Frances G
Bought by
Peckham Larry D and Peckham Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
7.91%
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
Ballenita Hale Llc -- Title Guaranty Escrow Servic
Brindle Daniel P $1,650,000 Or
Greenwell Andrew $1,225,000 Old Republic Title & Escrow
Falcone John Jeffrey $862,500 Or
Watkins Kenneth M $680,000 Fam
Williams Donald Arthur $1,015,000 Fntic
Salas David E $710,000 --
Peckham Larry D -- --
Peckham Larry D $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brindle Daniel P $1,200,000
Previous Owner Greenwell Andrew $980,000
Previous Owner Greenwell Andrew $980,000
Previous Owner Falcone John Jeffrey $462,500
Previous Owner Williams Donald Arthur $550,400
Previous Owner Williams Donald Arthur $683,000
Previous Owner Salas David E $650,000
Previous Owner Salas David E $205,000
Previous Owner Salas David E $639,000
Previous Owner Peckham Larry D $282,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Off Market $1,650,000 -- --
08/28/2020 08/28/20 Sold $1,650,000 -2.7% $504 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $1,695,000 +38.4% $517 / Sq Ft
10/31/2019 10/31/19 Off Market $1,225,000 -- --
08/02/2019 08/02/19 Sold $1,225,000 -12.2% $374 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
07/30/2018 07/30/18 For Sale $1,395,000 +61.7% $426 / Sq Ft
06/20/2014 06/20/14 Sold $862,500 -1.4% $306 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $875,000 +28.7% $311 / Sq Ft
05/17/2012 05/17/12 Sold $680,000 -2.7% $242 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $699,000 -- $248 / 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 $26,759 $2,551,700 $390,400 $2,161,300
2024 $26,759 $2,335,200 $328,300 $2,006,900
2023 $19,040 $1,715,300 $294,600 $1,420,700
2022 $24,137 $2,142,400 $276,000 $1,866,400
2021 $9,889 $1,727,900 $223,000 $1,504,900
2020 $12,368 $1,114,200 $216,300 $897,900
2019 $3,032 $613,000 $181,900 $431,100
2018 $2,922 $595,100 $181,900 $413,200
2017 $2,815 $577,800 $181,900 $395,900
2016 $2,712 $561,000 $181,900 $379,100
2015 -- $544,700 $181,900 $362,800
2014 -- $526,800 $162,900 $363,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 640105

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-025-030-0000