NOT LISTED FOR SALE

1226 Mokulua Dr Kailua, HI 96734

Estimated Value: $6,231,000 - $9,267,357

4 Beds
3 Baths
2,697 Sq Ft
$2,992/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $8,400,000 $3,115 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $51,085/month

48 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Kailua Intermediate School Rated A-
  • 18,073 Sq Ft lot
  • Main Floor Bedroom

About This Home

As of August 2021

Step Back in Time – Authentic Lanikai 1930’s Beachhouse lovingly restored and reinvented in 2019 by interior design firm, TK Design. All new electrical and plumbing, new kitchen, new bathrooms, new salt-water pool by DeBiasi Pacific. 105 linear feet of ocean frontage framing the Mokulua Islands. Legal seawall. A perfect candidate for historic registry classification. Perfection! Look for video icon under MLS Photo.

Last Listed By

Anne Oliver

Coldwell Banker Realty License #RB-17132 Listed on: 06/14/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,227

Year Built

  • Built in 1939 | Remodeled in 2019

Lot Details

  • 0.41 Acre Lot
  • Ocean Front
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in excellent condition

Property Views

  • Ocean
  • Coastline
  • Mountain
  • Garden

Home Design

  • Slab Foundation

Interior Spaces

  • 2,697 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Chandelier
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • Pool Tile

Outdoor Features

  • Patio

Schools

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

Utilities

  • Underground Utilities
  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,227

Year Built

Built in 1939 | Remodeled in 2019

Lot Details

0

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Dryer, Lawn Sprinkler, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Stories Type: Two
  • Year Built: 1939
  • Year Renovated: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Hardwood

Exterior Features

  • Construction Type: Double Wall, Single Wall, Slab
  • Easements: Other
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: In Ground, Tile
  • Property Condition: Excellent
  • Topography: Level
  • View: Coastline, Garden, Mountain, Ocean, Sunrise

Garage/Parking

  • Parking Features: 3 Car+, Driveway
  • Total Parking Spaces: 7

Utilities

  • Utilities: Cable, Connected, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity

Schools

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

Tax Info

  • Tax Annual Amount: 60226.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 26, 2021
Sold by
Krueger C David C and Krueger Terri Holst
Bought by
Hale Mokulua Llc
Seller's Agent
Anne Oliver
Coldwell Banker Realty
Buyer's Agent
Tracy Allen
Coldwell Banker Realty
List Price
$8,400,000
Sold Price
$8,400,000
Total Days on Market
48
Current Estimated Value
$8,070,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$329,881
Avg. Annual Appreciation
-1.26%
Original Mortgage
$5,000,000
Outstanding Balance
$4,621,397
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$3,399,142

Purchase Details

Closed on
Dec 19, 2016
Sold by
King Paul Benjamin
Bought by
Krueger Revocable Trust and Krueger C David

Purchase Details

Closed on
Dec 9, 2014
Sold by
King John Thomas and King Yvonne Geraldine
Bought by
King Paul Benjamin

Purchase Details

Closed on
Sep 29, 2014
Sold by
Duncan James Hugh and Duncan Barbara Jean
Bought by
King John Thomas and Kig Yvonne Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,225,000
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2013
Sold by
Duncan James Hugh and Duncan Barbara Jeann
Bought by
Duncan James Hugh and Duncan Barbara Jeann

Purchase Details

Closed on
Aug 23, 2006
Sold by
Lewis David Reed and Lewis Janna Lyn
Bought by
Duncan James Hugh and Duncan Barbara Jeann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2005
Sold by
1226 Mokulua Llc
Bought by
Lewis David Reed and Lewis Janna Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1999
Sold by
Demello Hilda
Bought by
Mokulua Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
7.51%

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
Hale Mokulua Llc $8,400,000 Tg
Krueger Revocable Trust $7,300,000 Tg
Krueger Revocable Trust $7,300,000 Tg
King Paul Benjamin -- Tg
King Paul Benjamin -- Tg
King John Thomas $6,800,000 Tg
King John Thomas $6,800,000 Tg
Duncan James Hugh -- None Available
Duncan James Hugh -- None Available
Duncan James Hugh $6,200,000 Itc
Lewis David Reed $5,500,000 Tg
Mokulua Llc $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Mokulua Llc $5,000,000
Previous Owner King John Thomas $4,225,000
Previous Owner King John Thomas $4,225,000
Previous Owner Duncan James Hugh $2,556,500
Previous Owner Duncan James Hugh $2,000,000
Previous Owner Lewis David Reed $3,300,000
Previous Owner Mokulua Llc $1,275,000
Closed Lewis David Reed $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $8,400,000 0.0% $3,115 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $8,400,000 -- $3,115 / 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
2024 $72,500 $7,008,800 $6,461,200 $547,600
2023 $75,364 $7,260,000 $6,461,200 $798,800
2022 $60,756 $6,357,700 $5,618,500 $739,200
2021 $54,227 $5,735,900 $5,225,200 $510,700
2020 $59,925 $6,278,600 $5,730,800 $547,800
2019 $55,131 $6,434,000 $5,899,400 $534,600
2018 $55,131 $6,625,700 $6,039,800 $585,900
2017 $20,920 $6,057,000 $5,607,100 $449,900
2016 $20,436 $5,918,800 $5,391,400 $527,400
2015 $47,807 $7,967,900 $6,469,700 $1,498,200
2014 -- $5,725,300 $4,528,800 $1,196,500
Source: Public Records

Agents Affiliated with this Home

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HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-005-056-0000