NOT LISTED FOR SALE

76-866 N Manu O Ku Place Kailua Kona, HI 96740

Estimated Value: $2,338,000 - $2,872,000

4 Beds
3 Baths
2,840 Sq Ft
$928/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $1,410,000 $496 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $14,640/month

33 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Home Office
  • Heated Pool and Spa
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

As of March 2019

This stunning custom built 4-Bedroom residence, perched on 1/2 acre at the top of the prestigious Iolani, beautifully appointed and built of qualify construction, has amazing views of the Pacific Ocean all the way into Kailua Bay, and is just minutes to Kailua-Kona! The home was strategically placed on the lot to not only capture the expansive views, but also allow for Hawaii’s trade winds to flow freely through all sides of the home for perfect climate control! With over 2800 sq. ft. of living area, plus 703 sq. ft. of lanais, this home is set up wonderfully to incorporate the indoor /outdoor living that Hawaii so enjoys! Impressive Fleetwood pocket doors open the great room and dining area to the amazing outdoor living space, which includes a perfectly positioned, (on ocean side of the home), infinity-edge swimming pool with waterfall feature that spills from the gas heated spa into the pool. There is also a fully tiled outdoor BBQ island which makes entertaining and outdoor dining a regular occurrence!
The gourmet kitchen is a Chef's delight and a wonderful focal point of this elegant home. Special features include:
*Solid granite countertops
*Dewills soft-close cherry cabinets
*Top quality Bosch appliances
*Miele gas range with pot filler and stainless/glass range hood
*and a Built-in Bosch Coffee machine
The beautifully appointed master suite encompasses the entire upstairs and has its own peaceful lanai where you will enjoy sipping your morning coffee, reading or watching for whales along the Kona coast. The master bathroom has beautiful custom fixtures, which include Toto washlet toilet, Duravit Jacuzzi tub and Toto shower. In addition to the 4-Bedrooms there is a large office and a media room, which has a Panasonic LCD projector, retractable movie screen, acoustic tiling and sound proofing system. The large detached 3-car garage has ample space for a home workshop, and the yard is brimming with a variety of tropical fruit trees.

Last Agent to Sell the Property

Susan Miedema

COMPASS Brokerage Phone: 8089902100 License #RB-15047 Listed on: 12/26/2018

Last Buyer's Agent

Steven Ellison

COMPASS License #RB-23832

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,768

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Stone Wall
  • Landscaped
  • Level Lot
  • Property is zoned RA-.5A

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Detached Garage

Property Views

  • Ocean
  • Coastline
  • City

Home Design

  • Split Level Home
  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 2,840 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Drapes & Rods
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Indoor Grill
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Cesspool
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Iolani Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 3760121300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,768

Year Built

Built in 2007

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: IOLANI
  • Reso Interior Features: Central Vacuum, Office, Overhead Door, Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 2840.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 2007
  • Tax Year: 2018
  • HIS_PoolYN: Yes
  • Unit Description: Multi-Story, Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 703
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Other, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Flooring: Carpet, Ceramic Tile, Hardwood, Stone
  • Design: Double Wall, Split Level, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: City, HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Pool Features: Gunite, Heated, In Ground, Pool/Spa Combo
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Detached

Utilities

  • Cooling: Cash, None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RA-.5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3760121300000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5768.0
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Monello Joseph D and Monello Marvin Wendy
Bought by
Monello Joseph D and Joseph D Monello Jr Revocable
Current Estimated Value
$2,636,232

Purchase Details

Listed on
Dec 26, 2018
Closed on
Mar 14, 2019
Sold by
Hoffman John Christopher and Ho Yuh Guan
Bought by
Monello Joseph D and Joseph D Monello Jr Revocable Trust
Seller's Agent
Susan Miedema
COMPASS
Buyer's Agent
Steven Ellison
COMPASS
List Price
$1,485,000
Sold Price
$1,410,000
Premium/Discount to List
-$75,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Apr 18, 2006
Sold by
Matsuda Masao and Matsuda Hideko
Bought by
Hoffman John Christopher and Hoffman Cindy Yu Guan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 5, 2004
Sold by
Maryl Group Inc
Bought by
Matsuda Masao and Matsuda Hideko
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
Monello Joseph D -- None Available
Monello Joseph D $1,410,000 Title Guaranty Escrow Servic
Hoffman John Christopher $570,000 Title Guaranty Escrow Svcs I
Matsuda Masao $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman John Christopher $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Off Market $1,410,000 -- --
03/22/2019 03/22/19 Sold $1,410,000 -5.1% $496 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $1,485,000 -- $523 / 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 $7,778 $1,562,800 $356,700 $1,206,100
2024 $7,778 $1,517,300 $356,700 $1,160,600
2023 $7,768 $1,473,100 $356,700 $1,116,400
2022 $7,689 $1,430,200 $356,700 $1,073,500
2021 $7,432 $1,388,500 $356,700 $1,031,800
2020 $7,184 $1,348,100 $336,500 $1,011,600
2019 $12,138 $2,187,000 $653,400 $1,533,600
2018 $5,768 $1,057,900 $320,600 $737,300
2017 $11,352 $1,022,700 $305,300 $717,400
2016 $9,532 $1,010,800 $305,300 $705,500
2015 -- $786,300 $197,500 $588,800
2014 -- $763,400 $183,200 $580,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 623460

Hawaii Information Service (MLS Hawaii)

APN: 3-7-6-012-130-0000