NOT LISTED FOR SALE

76-878 Hualalai Rd Kailua Kona, HI 96740

Estimated Value: $2,053,000 - $2,700,000

5 Beds
4 Baths
3,162 Sq Ft
$752/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $1,595,000 $504 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $14,233/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Garage
  • Cathedral Ceiling
  • Home Office
  • Skylights

About This Home

As of January 2021

In this unique house, Kona architect John Parazette married modern design with tropical vernacular architecture. The house is situated in one of Kona’s most desirable locations near the art village of Holualoa. The post-and-beam cedar structure takes full advantage of ocean breezes and its 1,000 ft cooler elevation. The home is sited strategically across its park-like grounds, and is hidden from the street. Oversized posts support lofty ceilings, a pattern echoed outside by rare native Hawaiian and other tropical trees. Inside, views of ocean, coastline and garden are ever present.

The 3 interconnected structures, Main House (LR/Kitchen/3BR/2BA), Cottage (LR/1BR/1BA suite) and Ohana (1BR/1BA), together with multiple lanais, total over 4,000 sq ft of indoor and covered outdoor living space. There are many cozy nooks and thoughtful built-ins.

The residence incorporates materials consistent with its tropical ethos, including solid mahogany, teak and koa cabinets; ipe hardwood floors; and fossil-inspired porcelain tile. The open kitchen is configured for cooking and entertaining, and includes an Imperial commercial range. A variety of paths, and over 500 ft of paved walkways, meander through the terraced garden. There are over 800 sq ft of covered craft and work space; two secure dry storage rooms; a wood-fired pizza/bread oven; two laundry centers; an outdoor shower; and several mosaic features (only mosaics incorporated in structures are included). There is covered parking for up to 3 vehicles, and additional parking for 3 more.

The owned photovoltaic system, 3 solar water heaters, and a car-charging station minimize fuel costs. The owners long ran a hosted vacation rental in the Ohana, no permit required, netting $30-$40,000/year.

This flexible and multi-functional residence would be perfect for those seeking space to work from home; for retirees looking for project or hosting space; or for a family, including a multi-generational one.

Last Agent to Sell the Property

Kristina Vaughn-Hazard

COMPASS Brokerage Phone: 8088951364 License #RB-23095 Listed on: 11/13/2020

Last Buyer's Agent

Susan Miedema

COMPASS License #RB-15047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1977 | Remodeled

Lot Details

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

Property Views

  • Ocean
  • Marina
  • Coastline
  • City
  • Garden

Home Design

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

Interior Spaces

  • 3,162 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Track Lighting
  • Blinds
  • Stained Glass
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8B
  • Assessor Parcel Number 3760120060000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wire, Wood
  • ResoLotFeatures: Dead End, Landscaped, Rim Lot
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8088951364
  • Co List Office Phone: 8083785447
  • Ownership: Full
  • MLS Status: S
  • Reso Interior Features: Built-in Features, Cathedral Ceilings, High Ceilings, Office, Skylights, Stained/Leaded Glass, Track Lightning, Vaulted Ceilings
  • Living Area: 3162.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1977
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 1251
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Wireless
  • HIS_Easement: Driveway, Other (remarks)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Flooring: Concrete, Hardwood, Stone
  • Stories: 1
  • Total Bathrooms: 4
  • Design: Double Wall, Remodeled, Single Wall, Single Wall/Dbl Board, Split Level, Wood Frame

Exterior Features

  • Topography: Fairly Level,Terraced
  • View: City, Garden, HIS Coastline, HIS Sunset, Marina, Ocean, Ocean Horizon
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered, Detached

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RA-.5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3760120060000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2991.98
  • Tax Lot: 8B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 13, 2021
Sold by
Parisi Frank and Parisi Robin
Bought by
Rhinelander Laurens H and Rhinelander Kimberly L
Seller's Agent
Kristina Vaughn-Hazard
COMPASS
Buyer's Agent
Susan Miedema
COMPASS
List Price
$1,595,000
Sold Price
$1,595,000
Current Estimated Value
$2,377,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,957
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,250,000
Outstanding Balance
$1,115,629
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,262,328

Purchase Details

Closed on
Jun 20, 2006
Sold by
Fox Steven F
Bought by
Parisi Frank and Parisi Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,500
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2000
Sold by
Fox Steven F
Bought by
Fox Steven F and Revocable Tr Agreement Of Steven F Fox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
8.16%

Purchase Details

Closed on
Feb 17, 2000
Sold by
Bell Shirley
Bought by
Fox Steven F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
8.16%
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
Rhinelander Laurens H $1,595,000 Fam
Parisi Frank $950,000 Tg
Fox Steven F -- --
Fox Steven F $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhinelander Laurens H $1,250,000
Previous Owner Parisi Frank $469,500
Previous Owner Fox Steven F $379,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $1,595,000 0.0% $504 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $1,595,000 -- $504 / 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 $21,139 $2,104,500 $571,700 $1,532,800
2024 $21,139 $1,904,400 $501,600 $1,402,800
2023 $20,051 $1,806,400 $501,600 $1,304,800
2022 $15,702 $1,414,600 $457,200 $957,400
2021 $3,115 $686,500 $228,100 $458,400
2020 $2,991 $666,500 $228,100 $438,400
2019 $2,873 $647,100 $228,100 $419,000
2018 $2,880 $628,300 $228,100 $400,200
2017 $2,768 $610,000 $228,100 $381,900
2016 $2,512 $568,500 $228,100 $340,400
2015 -- $551,900 $228,100 $323,800
2014 -- $535,800 $210,600 $325,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 643463

Hawaii Information Service (MLS Hawaii)

APN: 3-7-6-012-006-0000