$3,200,000
SOLD AUG 15, 2013

766 Mokulua Dr Kailua, HI 96734

3 Beds
2 Baths
1,484 Sq Ft
0.33 Acres

Recently Sold

$2,156 Per Sq Ft

9% Below List Price

312 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Bathroom on Main Level
  • Kailua Intermediate School Rated A-
  • Building Patio
  • Landscaped

About This Home

As of July 2019

Wide Lanikai oceanfront at a great price: 100 feet of linear frontage, the renowned blue/green ocean views sweeping from Kailua Bay to Flat Island to the Mokuluas and beyond. The 1920s era home, with high ceilings and wood floors, has been delightfully restored and refurbished offering a retreat to the Hawaii of long ago. A tremendous opportunity to acquire oceanfront. Now is the time to buy.

Last Agent to Sell the Property

Margy Grosswendt

Margy Grosswendt RE Agency LLC License #RB-11673 Listed on: 09/07/2012

Last Buyer's Agent

Joshua Martin

Coldwell Banker Realty License #RS-73897

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,812

Year Built

  • Built in 1926

Lot Details

  • 0.33 Acre Lot
  • Ocean Front
  • Property fronts a county road
  • Fenced
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Zoning described as 03 - R10 - Residential District

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Coastline

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Kaohao Elementary School
  • Kailua Middle School
  • Kalaheo High School

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-008-041-0000

Community Details

Overview

  • Lanikai Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,812

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Detached
  • Inclusions: Cable TV,Disposal,Dryer,Range/Oven,Refrigerator,Security System,Smoke Detector,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1926
  • CommunityFeatures: Deck/Porch, Patio, Storage Facilities
  • Fencing: Fenced, Wall
  • Road Frontage Type: Oceanfront
  • Road Frontage Type: County Road
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 1484.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Single Wall, Wood Frame
  • Lot Features: Cleared, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Good Condition
  • Topography: Level
  • View: Coastline, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exterior Features: Sprinkler/Irrigation, Landscaping

Garage/Parking

  • Parking Features: Driveway, Garage, Two Car Garage, Two Spaces, On Street
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Utilities: Other

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Kaohao
  • High School: Kalaheo
  • Middle Or Junior School: Kailua

Lot Info

  • Parcel Number: 1-4-3-008-041-0000
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 10812.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Pearson George Albert and Pearson Marcela
Bought by
Pc House Trust and Olson

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jun 27, 2019
Sold by
Sousa Walter J and Sousa Karin R
Bought by
Pearson George Albert and Pearson Marcela
Seller's Agent
Daniel Pacheco
Island Heritage Realty, Inc.
Buyer's Agent
Alesia Barnes
Compass
List Price
$15,000,000
Sold Price
$14,800,000
Premium/Discount to List
-$200,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.63%
Original Mortgage
$10,045,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 30, 2015
Closed on
Mar 24, 2016
Sold by
Taylor Brett Martin and Taylor Wendy Maree
Bought by
Sousa Walter J and Sousa Karin R
Seller's Agent
Joshua Martin
Coldwell Banker Realty
Buyer's Agent
Daniel Pacheco
Island Heritage Realty, Inc.
List Price
$4,288,000
Sold Price
$3,900,000
Premium/Discount to List
-$388,000
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.74%

Purchase Details

Listed on
Sep 7, 2012
Closed on
Aug 7, 2013
Sold by
Wo Ronald C and Wo Kathleen Sullivan
Bought by
Taylor Brett Martin and Taylor Wendy Maree
Seller's Agent
Margy Grosswendt
Margy Grosswendt RE Agency LLC
Buyer's Agent
Joshua Martin
Coldwell Banker Realty
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$2,080,000
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2000
Sold by
Wolter Henry Bertram
Bought by
Wo Ronald C and Wo Kathleen Sullivan
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Fam
Warranty Deed -- Fam
Warranty Deed -- Fam
Warranty Deed $3,900,000 Fam
Warranty Deed $3,900,000 Fam
Warranty Deed $3,200,000 Tg
Warranty Deed $3,200,000 Tg
Warranty Deed $1,600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000,000 New Conventional
Previous Owner $10,045,000 Commercial
Previous Owner $2,080,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $15,985,000 +8.0% $2,060 / Sq Ft
07/08/2019 07/08/19 Sold $14,800,000 -1.3% $1,989 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
11/12/2018 11/12/18 For Sale $15,000,000 +284.6% $2,016 / Sq Ft
04/08/2016 04/08/16 Sold $3,900,000 -9.0% $2,628 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $4,288,000 +34.0% $2,889 / Sq Ft
08/15/2013 08/15/13 Sold $3,200,000 -8.6% $2,156 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
09/07/2012 09/07/12 For Sale $3,500,000 -- $2,358 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $92,007 $8,562,000 $5,070,900 $3,491,100
2024 $92,007 $8,719,900 $5,070,900 $3,649,000
2023 $87,687 $8,341,000 $5,070,900 $3,270,100
2022 $77,468 $7,949,300 $4,409,500 $3,539,800
2021 $65,009 $6,762,800 $4,100,800 $2,662,000
2020 $72,774 $7,502,300 $4,497,700 $3,004,600
2019 $38,229 $6,216,800 $4,629,900 $1,586,900
2018 $38,229 $4,747,700 $4,740,200 $7,500
2017 $27,690 $4,615,000 $4,585,800 $29,200
2016 $24,303 $4,050,500 $4,037,000 $13,500
2015 $25,421 $4,236,900 $4,037,000 $199,900
2014 -- $3,217,500 $2,825,900 $391,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 1210559

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-008-041-0000