NOT LISTED FOR SALE

77-6479 Walua Rd Kailua Kona, HI 96740

Estimated Value: $1,106,000 - $1,228,000

3 Beds
2.5 Baths
1,586 Sq Ft
$753/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $630,000 $397 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,179/month

9 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Stone Wall
  • Vaulted Ceiling
  • Landscaped
  • Level Lot

About This Home

As of December 2017

If you've been waiting for that discreetly private, tropical home with jaw-dropping PANORAMIC ocean views - PLUS option of guest quarters for $$ income potential - this home is it! This enchanting and unique treetop estate was designed by the renowned Lucky Bennett. It was also the featured property on HGTV'S popular HAWAII LIFE, (Season 4 Episode 7). Check out The King of the Hill at this incredible price before it's gone!

More details about HALE OLU OLU, (translation - House of Grace as Blessed by Kahu Kealoha).

~Year-round sunsets!
~Amazing 180 degree views of Kailua-Kona and the Bay.
~These views from nearly every room won’t be obstructed and NO power lines in view!
~Guest quarters with ocean views, kitchenette, full bath and two separate entries is currently a successful vacation rental.
~Tree house effect provides gentle breezes and air flow.
~Kitchen has granite tile and white washed oak cabinets.
~Master bedroom suite with lanai access, granite tile, dual vanities and jetted tub for your relaxation.
~Bedroom #2 currently an office; Bedroom #3 is the Guest Quarters.
~Lanais flow and wrap the home to easily extend your living to the outdoors.
~Stately, easy care Bottle-Neck Palms line the driveway, lovely groundcover and exotically beautiful plantings, (fully irrigated).
~Be soothed at the pond water feature beside a naturally formed lava rock grotto.
~Enchanting upper yard is level and fully fenced – perfect for furry friends.
~Separate Room next to the carport is ideal for hobbies or crafts, etc.
~Oversized Carport with high ceilings and/or room to enclose.
~Multiple bonus storage areas.
~Sought after location on popular Walua Walking Trail.
~Sunset View Terrace is close to all the beaches, fun and convenience Kona has to offer.

Per Blue Prints: Living-1,586 SF, Lanai-507 SF, Garage-648 SF, Other-112 SF. Actual bedrooms and square footage may not match TMK records.

Last Agent to Sell the Property

Annie Mendoza

Corcoran Pacific Properties Brokerage Phone: 8085575831 License #RS-71220 Listed on: 10/16/2017

Corcoran Pacific Properties

Last Buyer's Agent

Ken Anderson

Hawaii Life License #RB-19420

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 1998

Lot Details

  • Stone Wall
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned RS-10

Parking

  • 2 Carport Spaces

Property Views

  • Ocean
  • Coastline
  • Bay

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,586 Sq Ft Home
  • Vaulted Ceiling

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cesspool
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Sunset View Terrace Lots Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 23
  • Assessor Parcel Number 3770110230000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,899

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wood
  • Road Frontage Type: Other
  • ResoLotFeatures: Corner Lot, Landscaped
  • Road Frontage Type: Other
  • ResoSecurityFeatures: None
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: SUNSET VIEW TERRACE LOTS
  • Carport Spaces: 2.0
  • Reso Interior Features: Vaulted Ceilings
  • Living Area: 1586.0
  • Property Attached Yn: No
  • Year Built: 1998
  • Tax Year: 2017
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Laminate
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Level,Steep Slope,Terraced
  • View: Bay, HIS Coastline, HIS Sunset, Ocean
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3770110230000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5899.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Dec 7, 2017
Sold by
Garcia Louis Roman
Bought by
Brashear Christopher Wren and Brashear Mariya
Seller's Agent
Annie Mendoza
Corcoran Pacific Properties
Buyer's Agent
Ken Anderson
Hawaii Life
List Price
$659,000
Sold Price
$630,000
Premium/Discount to List
-$29,000
-4.4%
Current Estimated Value
$1,194,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,235
Avg. Annual Appreciation
8.45%
Original Mortgage
$598,500
Outstanding Balance
$503,885
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$690,350

Purchase Details

Listed on
Sep 2, 2013
Closed on
Dec 24, 2013
Sold by
Kurtzman Sheldon M and Kurtzman Sandra L
Bought by
Garcia Louis Roman
Seller's Agent
Cindy Griffey
eXp Realty
Buyer's Agent
Annie Mendoza
Corcoran Pacific Properties
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$420,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 20, 1998
Sold by
Dechape Michael J and Dechape Brenda K
Bought by
Kurtzman Sheldon M and Kurtzman Sandra L

Purchase Details

Closed on
Oct 1, 1996
Sold by
American Properties Inc
Bought by
Dechape Michael J and Becker Brenda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brashear Christopher Wren $630,000 Or
Garcia Louis Roman $525,000 Or
Federal Home Loan Mortgage Corp -- Accommodation
Wells Fargo Bank Na $476,659 Accommodation
Kurtzman Sheldon M $273,000 --
Dechape Michael J $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brashear Christopher Wren $598,500
Previous Owner Garcia Louis Roman $420,000
Previous Owner Dechape Michael J $63,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2024 11/20/24 Off Market $630,000 -- --
12/13/2017 12/13/17 Sold $630,000 -4.4% $397 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $659,000 +25.5% $416 / Sq Ft
01/24/2014 01/24/14 Sold $525,000 -12.4% $331 / Sq Ft View Prior Sale
11/27/2013 11/27/13 Pending -- -- --
09/02/2013 09/02/13 For Sale $599,000 -- $378 / 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 $10,769 $1,000,400 $504,600 $495,800
2024 $10,769 $970,200 $504,600 $465,600
2023 $10,408 $937,700 $504,600 $433,100
2022 $8,255 $743,700 $310,600 $433,100
2021 $6,650 $626,100 $249,300 $376,800
2020 $6,733 $606,600 $237,200 $369,400
2019 $4,863 $558,100 $225,900 $332,200
2018 $4,662 $540,000 $223,100 $316,900
2017 $5,900 $531,500 $223,100 $308,400
2016 $5,183 $515,700 $201,200 $314,500
2015 -- $368,000 $109,600 $258,400
2014 -- $357,300 $109,600 $247,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 611416

Hawaii Information Service (MLS Hawaii)

APN: 3-7-7-011-023-0000