NOT LISTED FOR SALE

40 Kaiholu Place Unit 28 Kailua, HI 96734

Estimated Value: $2,687,000 - $4,495,000

4 Beds
3 Baths
1,595 Sq Ft
$2,407/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $3,875,000 $2,429 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $22,268/month

41 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Patio
  • Kainalu Elementary School Rated A-
  • Wood Flooring
  • 1-Story Property

About This Home

As of September 2023

Step back in time and embrace kama’aina beach living in Tutu’s Hale, a cherished mid-century 4/3 Beachside Kailua home, situated just two homes away from the confection-sugar sand of Kailua Beach. This lovingly maintained gem is intelligently situated to maximize the exceptionally sized parcel. The floorplan perfectly connects the gracious indoor areas to the spacious lanai and vast garden, featuring a refreshing tiled pool in an idyllic setting for hosting lively parties and fun-filled games like volleyball, bocce ball, and croquet on the wide lawn. Follow the gentle curve of Beachside Kailua's most beautiful private lane to this home, which allows you to live the uncomplicated life of O'ahu's yesteryear. Don’t miss this opportunity to create your own cherished memories in Tutu’s timeless treasure.

Last Agent to Sell the Property

John Schamber

Carvill Sotheby's Intl. Realty License #RB-16349 Listed on: 08/01/2023

Carvill Sotheby's Intl. Realty

Last Buyer's Agent

Eric Olson

Carvill Sotheby's Intl. Realty License #RB-22855

Carvill Sotheby's Intl. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,484

Year Built

  • Built in 1952

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Mountain
  • Garden

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway

Pool

  • In Ground Pool
  • Pool Tile

Outdoor Features

  • Patio

Schools

  • Kainalu Elementary School
  • Kailua Middle School
  • Kalaheo High School

Utilities

  • Mini Split Air Conditioners
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kaiholu Place Comm. Assn. Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,484

Year Built

Built in 1952

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Architectural Style: Detach Single Family
  • Inclusions: AC Split, Blinds, Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Dryer, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer
  • PropertyFrontage: Other
  • Property Sub Type: Single Family
  • Prop. Type: Single Family
  • Sq Ft RoofedLiving: 1595
  • Fill Sq Ft Total: 1914
  • Stories Type: One
  • Year Built: 1952
  • Attribution Contact: (808) 263-5900
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: Entry, Landscaped, Other, Patio/Deck, Wall/Fence
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Hardwood
  • Furnished: None

Exterior Features

  • Construction Type: Single Wall, Slab, Wood Frame
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Pool Features: In Ground, Tile, Pool on Property
  • Property Condition: Above Average
  • Topography: Level
  • View: Garden, Mountain, Sunset

Garage/Parking

  • Parking Features: 3 Car+, Carport, Driveway
  • Total Parking Spaces: 2
  • Sq Ft GarageCarport: 396

Utilities

  • Utilities: Cable, Connected, Internet, Overhead Electricity, Public Water, Telephone, Water

Association/Amenities

  • AssociationCommunityName: Kaiholu Place Comm. Assn.
  • AssociationFee2Includes: Association

Condo/Co-op/Association

  • Association Fee: 21

Schools

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

Tax Info

  • Tax Annual Amount: 8484.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 11, 2023
Sold by
Sharon J Schamber Trust
Bought by
Robert James Obermeyer Trust and Nani L Daniels Trust
Seller's Agent
John Schamber
Carvill Sotheby's Intl. Realty
Buyer's Agent
Eric Olson
Carvill Sotheby's Intl. Realty
List Price
$3,799,000
Sold Price
$3,875,000
Premium/Discount to List
$76,000
2%
Current Estimated Value
$3,839,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,825
Avg. Annual Appreciation
1.40%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Dean T Schamber Trust
Bought by
Sharon J Schamber Trust

Purchase Details

Closed on
Dec 8, 1998
Sold by
Schamber Dean Thomas and Schamber Sharon Jean
Bought by
Schamber Dean T and Schamber Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.78%
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
Robert James Obermeyer Trust -- Ortc
Sharon J Schamber Trust -- None Listed On Document
Schamber Dean T -- --
Schamber Dean Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schamber Sharon J $419,000
Previous Owner Schamber Dean T $500,000
Previous Owner Schamber Dean Thomas $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Off Market $3,875,000 -- --
09/18/2023 09/18/23 Sold $3,875,000 +2.0% $2,429 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $3,799,000 -- $2,382 / 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 $21,500 $3,634,000 $2,507,600 $1,126,400
2024 $21,500 $2,535,100 $2,398,600 $136,500
2023 $8,132 $2,563,400 $2,398,600 $164,800
2022 $7,332 $2,234,800 $2,071,500 $163,300
2021 $5,458 $1,699,400 $1,570,000 $129,400
2020 $5,633 $1,749,300 $1,635,400 $113,900
2019 $6,280 $1,914,200 $1,809,900 $104,300
2018 $6,294 $1,918,400 $1,809,900 $108,500
2017 $6,334 $1,929,600 $1,744,400 $185,200
2016 $5,562 $1,709,200 $1,554,200 $155,000
2015 $5,656 $1,736,100 $1,429,800 $306,300
2014 $4,892 $1,523,100 $1,139,700 $383,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202317515

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-020-026-0000