$554,000 - $667,000
RENTED APR 14, 2025

95-988 Wikao St Unit M202 Mililani, HI 96789

2 Beds
2 Baths
1,056 Sq Ft
8.94 Acres

Last Sold August 12, 2022

Last sale price $582,500 $552 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,347/month

Highlights

  • 389,383 Sq Ft lot
  • Vaulted Ceiling
  • Community Pool
  • Leilehua High School Rated A-
  • Lanai
  • Tennis Courts

About This Home

As of April 2025

Spacious 2-Bedroom, 2-Bathroom Condo in The Terraces at Launani Valley

Enjoy peaceful living in the serene Launani Valley, where The Terraces offers a private and tranquil setting. This condo is situated in the upper section of the development and is just minutes from Schofield Barracks, Wheeler Army Field, Wahiawa, Mililani Town, and Mililani Mauka. You'll also be centrally located to explore the North Shore's surf, Waikele shopping, Joint Base Pearl Harbor, and so much more.

Property Highlights:
- 2 Bedrooms, 2 Full Bathrooms
- 2 Parking Stalls
- Large Lanai with Panoramic Views
- Vaulted, Extra-High Ceilings for a Spacious Feel
- Window unit AC
- Luxury Vinyl Planking in Kitchen & Bathrooms
- Stainless Steel Appliances
- Washer/Dryer
- Utilities included are Water, Sewer, and Trash
- Ready for Immediate Move-In 04/01/25

Amenities:
- Pool, Playground, & Barbecue Area
- Tennis Court, Jogging Path, & Basketball Court within the Valley Association

Lease Terms:
- 1-Year Lease Required
- Rental Insurance Required
- $20 Application Fee per Adult
- No Smoking, No Pets
- $150 One-Time Tenant Setup Fee

Last Agent to Rent the Property

Hebron Ellis

Marie Hansen Properties Inc Brokerage Phone: (808) 591-1110 License #RS-84167 Listed on: 03/25/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1995

Lot Details

  • 8.94

Parking

  • 2 Parking Spaces

Home Design

  • Condo Hotel

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Vinyl Flooring

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Lanai
  • Property is in excellent condition
  • Window Unit Cooling System

Listing and Financial Details

  • Security Deposit $2,950
  • Property Available on 4/1/25
  • Tenant pays for application fee
  • 12 Month Lease Term
  • Assessor Parcel Number 1-9-5-002-030-0120

Community Details

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Launani Valley Subdivision
  • Community Barbecue Grill
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,958

Year Built

Built in 1995

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-04-01

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Year Built: 1995
  • Attribution Contact: (808) 591-1110
  • CommunityFeatures: Barbecue, Property Manager On-Site, Pool, Tennis Court(s), Trails/Paths, Condo Hotel Community
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Washer
  • MLS Status: Closed
  • Subdivision Name: LAUNANI VALLEY
  • Interior Features: Stainless Steel Appliances, Vaulted Ceiling(s)
  • Unit Levels: Two
  • Living Area: 1056.0
  • Security Deposit: 2950.0
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Furnished: Partially
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Property Condition: Excellent
  • View: None
  • View: No
  • Disclosures: No Smoking, Renters Insurance Required, See Remarks
  • Patio And Porch Features: Lanai

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Sewer Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes

Lot Info

  • Parcel Number: 1-9-5-002-030-0120
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Tenant Pays: Application Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 7, 2022
Sold by
Kawika Dash Michael Francisco and Kawika Christin
Bought by
Revocable Trust
Seller's Agent
Keahi Pelayo
NextHome KU Realty
Buyer's Agent
Keahi Pelayo
NextHome KU Realty
List Price
$588,000
Sold Price
$582,500
Premium/Discount to List
-$5,500
-0.94%
Current Estimated Value
$597,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,126
Avg. Annual Appreciation
0.84%

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 21, 2017
Sold by
Buendia Chingcuangco Leon and Chingcuangco Janeen Power
Bought by
Dash Michael Francisco Kawika and Dash Christine Ululai Chang
Seller's Agent
Tony Kawaguchi
eXp Realty
Buyer's Agent
Debra Addessi
Drop - 2024
List Price
$440,000
Sold Price
$442,500
Premium/Discount to List
$2,500
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$420,375
Interest Rate
4.03%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Castillo Paulino Jr Frank and Santisi Paulino Monika
Bought by
Buendia Chingcuangco Leon and Chingcuangco Janeen Power

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,700
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2000
Sold by
Waihuna Joint Venture
Bought by
Castillo Paulino Jr Frank and Santisi Paulino Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,720
Interest Rate
9.95%
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
Revocable Trust -- First American Title Of Hawaii
Revocable Trust -- First American Title Of Hawaii
Dash Michael Francisco Kawika $442,500 Fam
Dash Michael Francisco Kawika $442,500 Fam
Buendia Chingcuangco Leon $363,000 Pat
Castillo Paulino Jr Frank $165,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocable Trust $347,000
Previous Owner Dash Michael Francisco Kawika $420,375
Previous Owner Chingcuangco Janeen Power $311,000
Previous Owner Buendia Chingcuangco Leon $326,700
Previous Owner Paulino Frank Castillo $125,500
Previous Owner Castillo Paulino Jr Frank $132,720
Closed Castillo Paulino Jr Frank $28,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Rented $2,825 -4.2% --
03/25/2025 03/25/25 For Rent $2,950 0.0% --
08/13/2022 08/13/22 Off Market $582,500 -- --
08/12/2022 08/12/22 Sold $582,500 -0.9% $552 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $588,000 0.0% $557 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $588,000 +32.9% $557 / Sq Ft
08/25/2017 08/25/17 Sold $442,500 +0.6% $419 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $440,000 -- $417 / 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 $1,958 $559,400 $257,000 $302,400
2024 $1,958 $559,400 $229,400 $330,000
2023 $1,295 $570,000 $229,400 $340,600
2022 $1,455 $515,700 $211,100 $304,600
2021 $1,253 $458,000 $192,700 $265,300
2020 $1,193 $440,800 $216,600 $224,200
2019 $1,559 $459,900 $216,600 $243,300
2018 $1,559 $445,500 $174,400 $271,100
2017 $1,441 $411,800 $180,400 $231,400
2016 $1,362 $389,000 $45,100 $343,900
2015 $1,311 $374,700 $44,500 $330,200
2014 $887 $353,600 $43,300 $310,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202507377

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-9-5-002-030-0120