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53-121 Kamehameha Highway Hauula HI 96717

$100,000 | OahuRE Rebate $600 | Sold

Listed on 07-12-2021 * 45 Days until Sold

Sold for $150,000 on 08-26-2021

6 Bedrooms, 1 Full Bath, 3 Half Baths, 10 Parking Spaces

2,731 Square Feet Living * 32,800 Square Feet Land

Sell for a $3,500 Flat Fee or 2% With Full Service.

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Property Last Viewed: 09/28/2023 09:05 AM, Total Views Today: 0, Total Views: 880, Viewed History

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Short Cuts

Update the default down payment and interest rate.


Leasehold: Lease Rent: $3,000 / 2025 | Buy Fee: $0 | Lessor: Bishop Estate/Kam School | Reneg Date: 00-00-0000 | Expires: 03-31-2025 | Step-Ups: $ $




OahuRE.com Notes About This Property

View all new listings in the Punaluu neighborhood since this property was listed.

This property is Leasehold and you cannot buy the fee to make it Fee Simple. Lease rent is $3,000 per month until 2025.

Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.

The last sale on August 26, 2021, used Cash financing, so it is not an assumable mortgage.

Price trends for Punaluu.

There were 62 homes sold in the last 2 years in the Punaluu neighborhood.


53-121 Kamehameha Highway

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Property Details

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MLS#: 202118531 * Questions?
Status: Sold for $150,000 on 08-26-2021. Financing: Cash. See History
Price: $100,000
Rebate: $ 600 from OahuRE.com.
Monthly: $ 928.79 Update the default down payment and interest rate
  Monthly payment estimate for $ 100,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 354 taxes, and $ 0 fees. Insurance not included.
Beds: 6   Baths: 1   Half: 3  Parking Spaces: 10
Living Sq Ft: 2,731
Land Sq Ft: 32,800
Land Tenure: LH - Leasehold
Address: 53-121 Kamehameha Highway Hauula HI 96717
Region: Kaneohe - Activity
Neighborhood: Punaluu - Activity * Punaluu Stats
Street: Kamehameha - Activity * Kamehameha Highway Stats
Showing: Showing Request

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Original: $100,000
Change: $0    0.00%
Parcel#: 1-5-3-001-018-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 10 days in Active or In Escrow Showing
Date: Listed: 07-12-2021
Date: In Escrow Not Showing: 07-22-2021
Date: Status Change: 08-27-2021
Year Built: 1991 Remodeled: 2005
View: Garden, Mountain, Ocean, Sunrise
Frontage: Ocean, Sandy Beach, Waterfront
Monthly Tax: $354 Year: 2021
Land: LH - Leasehold
Condition: Average

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Description:

Is the ocean calling you? A unique opportunity to live on a 32,800 sf leasehold beachfront property with a charming main 4 bedroom home & adjacent 2 bedroom cottage until March 31, 2025 when the Bishop Estate lease expires. While built in 1991, it feels like "Old Hawaii", the beach is right at your doorstep; kayak, swim, relax and walk the beach. Wake up to glorious sunrises and be lulled to sleep with the sounds of waves...a cherished life-style to be sure! This home has a "shower room and 3 half baths; the cottage has 1 full bath.

Huge yard for volleyball, soccer, entertaining, etc., hot tub with ocean view, enclosed garage/workshop and more. Perfect for remote workers; live, work and play on this dream property for the next 3+ years. Offers will be reviewed on July 21, 2021. Tax records differ.

 
 
Inclusions: AC Window Unit, Auto Garage Door Opener, Blinds, Book Shelves, Cable TV, Ceiling Fan, Convection Oven, Dishwasher, Disposal, Dryer, Home Warranty, Other, Range/Oven, Refrigerator, Washer

Amenities: Patio/Deck

Utilities: Cable, Cesspool, Internet, Public Water, Septic, Telephone, Water Construction: Double Wall, Slab, Wood Frame Lot Features: Clear Floor: Ceramic Tile, Laminate, W/W Carpet Disclosures: Property Disclosure Stmt, See Remarks Land Recorded: Regular System Furnished: Partial

Possession: At Closing Terms: Cash Sale Conditions: None

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Sold Price: $150,000 Loan Type: Cash
Concession:
Closed: 08-26-2021
Sold Ratio: 150%
Days Sold: 45
Land: $908,700
Building: $444,200  
Assessed Total: $1,352,900  
Assessed Ratio: 7.39%
Pool: None
Location: Inside
Parking: Garage

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District Locator: DOE Locator to Confirm District
Area Total: 32,800
Acres: 0.7530
Topography: Level
Building Style: 2 Bedroom Cottage, Detach Single Family
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 140000
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 576
Avg Sq Ft Living: $36.62
Avg Sq Ft Land: $3.05
Security: Key
Rental Income: $0
Stories: Two CPR: No
Zoning: 05 - R-5 Residential District
Flood Zone: Zone VE * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing: Composition
Set-Backs: C and C, Of Record Roads: County Rd, Paved Rd
Easements: Electric

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Links:
Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
Commuting:
Waikiki * Downtown * Ala Moana * Airport * Kapolei * Hawaii Kai * Kailua Town * Windward Mall * Waikele * North Shore
Barbers Point * Camp Smith * Fort Shafter * Hickam * Lualualei * K-Bay Marine * Pearl Harbor * Schofield * Tripler * Wheeler * VA Mortgage Info
Leasehold: Lease Rent: $3,000 / 2025 | Buy Fee: $0 | Lessor: Bishop Estate/Kam School | Reneg Date: 00-00-0000 | Expires: 03-31-2025 | Step-Ups: $ $ Please learn more about Leasehold
Closing Cost Calculators:
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Coldwell Banker Realty (808) 261-3314

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
08-27-2021 202118531 Sold Sold $100,000 $150,000 $1,352,900 $908,700 $444,200
07-22-2021 202118531 In Escrow Not Showing Active In Escrow Not Showing $100,000 $150,000 $1,352,900 $908,700 $444,200
07-12-2021 202118531 New Listing Active Active $100,000 $150,000 $1,352,900 $908,700 $444,200

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Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$590$606$622$639$655$672$689$706$741
3.5% Down
$569$585$600$616$632$649$665$681$715
10% Down
$531$545$560$575$590$605$620$635$667
20% Down
$472$485$498$511$524$538$551$565$593
30% Down
$413$424$436$447$459$470$482$494$519
40% Down
$354$364$373$383$393$403$413$424$444
50% Down
$295$303$311$319$328$336$344$353$370

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Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

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Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 10.03.23. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

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