NOT LISTED FOR SALE

963 Aalapapa Dr Unit 1 Kailua, HI 96734

Estimated Value: $2,878,679 - $3,515,000

5 Beds
5 Baths
3,969 Sq Ft
$815/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $2,325,000 $586 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $18,032/month

105 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Card or Code Access
  • Kailua Intermediate School Rated A-
  • Building Patio
  • 2-minute walk to Lanikai Park

About This Home

As of September 2018

OFFERING CREDIT of $100,000 (100K ) to Buyers for UPGRADES. This OCEAN VIEW home currently set up as 3 rentals: Main home 3/2 upstairs and a separate entry 2/2 that can be opened to a single family home of 5 beds and 4 baths. This property has a studio apartment over a 3 car detached garage, plus another 1 car garage. Calculate the price per square foot for comparisons. This is a lovely property with NO grass and LOW maintenance care inside and out with chosen materials. Professionally landscaped, freshly painted and in great shape. Just two blocks to Lanikai Beach.

Last Agent to Sell the Property

Alesia Barnes

Compass License #RB-22312 Listed on: 05/09/2018

Compass

Co-Listed By

Aaron Businger

Compass License #RS-77688

Last Buyer's Agent

Ruthie Kaminskas

Compass License #RS-78191

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Landscaped
  • Zoning described as 03 - R10 - Residential District

Property Views

  • Ocean
  • Coastline
  • Garden

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,969 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 5 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 1-4-3-007-071-0001

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Additional Features

  • Lanikai Subdivision
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,839

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Architectural Style: Cottage, Detached, Studio
  • Co List Office Mls Id: ELIT
  • Inclusions: AC Split,Auto Garage Door Opener,Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Lawn Sprinkler,Microwave,Photovoltaic - Owned,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1986
  • CommunityFeatures: Deck/Porch, Patio
  • Fencing: Fenced, Wall
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • Co List Office Phone: (808) 589-2040
  • MLS Status: Closed
  • Subdivision Name: LANIKAI
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Two
  • Living Area: 3969.0
  • New Construction: No
  • Roof: Composition
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Wood Frame
  • Lot Features: Other
  • Pool Features: Pool/Spa Combo
  • Property Condition: Good Condition
  • Topography: Sloping
  • View: Coastline, Garden, Mountain(s), Ocean, Sunrise
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exterior Features: Landscaping

Garage/Parking

  • Parking Features: Driveway, Garage, Three or more Spaces
  • Total Parking Spaces: 5.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel Number: 1-4-3-007-071-0001
  • Zoning Description: 03 - R10 - Residential District

Tax Info

  • Tax Annual Amount: 5838.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Sep 17, 2018
Sold by
Reish Robert C and Reish Kathleen A
Bought by
Lefforge Kevin Trent and Lefforge Kristi Nohealani
Seller's Agent
Alesia Barnes
Compass
Buyer's Agent
Ruthie Kaminskas
Compass
List Price
$2,550,000
Sold Price
$2,325,000
Premium/Discount to List
-$225,000
-8.82%
Total Days on Market
105
Current Estimated Value
$3,235,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$910,920
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Reish Robert C
Bought by
Reish Robert C and Reish Kathleen A

Purchase Details

Closed on
Nov 15, 2012
Sold by
Reish Robert C and Reish Susan N
Bought by
Reish Robert C

Purchase Details

Closed on
Dec 11, 2006
Sold by
Mcguire Donald Gray and Mcguire Kathleen Marie
Bought by
Reish Robert C and Reish Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Cronberg Steven William and Cronberg Kathleen Panger
Bought by
Mcguire Donald Gray and Mcguire Kathleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2000
Sold by
Silverman Ralfe and Silverman Selma
Bought by
Cronberg Steven William and Cronberg Kathleen Panger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
8.37%

Purchase Details

Closed on
Sep 8, 1997
Sold by
Slaughter Gloria
Bought by
Slaughter Gloria and Gloria Slaughter Trust
Source: Public Records

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Range of Values:

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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
Lefforge Kevin Trent $2,325,000 Fam
Reish Robert C -- None Available
Reish Robert C -- None Available
Reish Robert C -- None Available
Reish Robert C -- None Available
Reish Robert C $2,100,000 None Available
Mcguire Donald Gray $1,600,000 --
Cronberg Steven William $735,000 --
Slaughter Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefforge Kevin Trent $500,000
Closed Lefforge Kevin Trent $500,000
Open Lefforge Kevin Trent $1,275,000
Closed Lefforge Kevin Trent $1,350,000
Previous Owner Reish Robert C $2,000,000
Previous Owner Reish Robert C $1,000,000
Previous Owner Mcguire Donald Gray $1,280,000
Previous Owner Cronberg Steven William $551,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $2,325,000 -8.8% $586 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $2,550,000 -- $642 / 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 $10,307 $3,537,800 $1,950,900 $1,586,900
2024 $10,307 $3,064,800 $1,950,900 $1,113,900
2023 $10,358 $3,159,400 $1,950,900 $1,208,500
2022 $9,898 $2,928,100 $1,759,200 $1,168,900
2021 $8,182 $2,437,700 $1,507,900 $929,800
2020 $7,005 $2,101,500 $1,457,700 $643,800
2019 $6,139 $1,933,700 $1,350,700 $583,000
2018 $6,139 $1,874,000 $1,314,200 $559,800
2017 $5,839 $1,788,400 $1,177,300 $611,100
2016 $10,096 $1,682,700 $1,122,500 $560,200
2015 $9,440 $1,573,300 $1,022,200 $551,100
2014 $5,527 $1,667,300 $1,107,000 $560,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201812450

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-007-071-0001