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539 Keolu Drive Unit C Kailua HI 96734

$286,000 | Active | $1,430 Buyer's Rebate

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

Price dropped on 09-27-2024. Original price was $339,000

Listed on 03-10-2023

4 Bedrooms, 2 Full Baths, 1 Half Bath, 2 Parking Spaces

1,625 Square Feet Living * $758 Total Association Fees

Property Last Viewed: 10/04/2024 07:50 AM, Total Views Today: 2, Total Views: 1,446, Viewed History

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Comparables by Bedrooms

Short Cuts


Leasehold: Lease Rent: $784 / 2030 | Buy Fee: $1,050,000 | Lessor: David Bangert | Reneg Date: | Expires: 06-01-2030 | Step-Ups: $ $




OahuRE.com Notes About This Property

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

This property is Leasehold but you can buy the fee for $1,050,000 to make it Fee Simple. Lease rent is $784 per month until 2030.

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

This is a Foreclosure. Even though it is Active there could be offers already submitted to the bank.

The last sale on January 3, 2006, used Conventional financing, so it is not an assumable mortgage.

Listed previously on January 19, 2023 for $530,000. View Details

Listed previously on June 4, 2009 for $470,000. View Details

Listed previously on May 6, 2008 for $599,000. View Details

Listed previously on October 5, 2005 for $499,000. View Details

Listed previously on January 27, 2000 for $225,000. View Details

Listed previously on March 1, 1995 for $279,000. View Details

Fell out of escrow or Temporarily Withdrawn 4 times. View Details

Price Decreased 30 times. View Details

Expired 2 times. View Details

Not in good condition.

There are 1 buildings in the same neighborhood with similar units for sale.

There are 1 buildings in the same region with similar units for sale.

Price trends for Kukilakila.

There were 13 units sold in the last 2 years in the Kukilakila building.


539 Keolu Drive  Unit C

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Property Details

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MLS#: 202323758 * Questions?
Status: Active since 03-10-2023 See History
Price: $286,000
Monthly: $ 2,780.12 Update the default down payment and interest rate
  Monthly payment estimate for $ 286,000 price, 10% down, 6.94% interest rate, 30 year loan, $ 320 taxes, and $ 758 fees. Insurance not included.
Beds: 4   Baths: 2   Half: 1  Parking Spaces: 2
Living Sq Ft: 1,625
Land Tenure: LH - Leasehold
Total Fees: $758
Lanai Sq Ft: 0
Address: 539 Keolu Drive C Kailua HI 96734
Region: Kailua - Activity
Neighborhood: Kukilakila - Activity
Street: Keolu - Activity * Keolu Drive C Stats
Building Name: Activity in Kukilakila * Kukilakila Stats
Charts: Charts for this Building
Statistics: Live Building Stats
Showing: Showing Request

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Original: $339,000
Change: $-53,000    -15.63%
Parcel#: 1-4-2-094-041-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 574 days in Active or In Escrow Showing
Date: Listed: 03-10-2023
Date: Status Change: 10-12-2023
Recent History: Expired Listing - Listed for 364 days starting on 06-04-2009 - MLS# 2907620
Year Built: 1974 Remodeled:
View: Other
Frontage: Lake/Pond, Waterfront
Monthly Tax: $320 Year: 2023
Land: LH - Leasehold
Condition: Fair

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Description:

*LEASEHOLD w/fee available* Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This bank-owned, leasehold, two-story townhome boasts four bedrooms and two-and-a-half bathrooms. The property includes a two-car garage for convenient parking and storage and a large lanai facing Ka’elepulu Pond, perfect for enjoying stunning views and outdoor relaxation. With its spacious layout and prime waterfront location, this townhome is ideal for investors looking to flip or rent out and owner-occupants seeking a serene and stylish residence. This is a haven for outdoor recreational activities, shopping enthusiasts, and culinary adventures. A leasehold property in Hawaii means that you own the structure but lease the land it sits on for a specified period, making it an affordable way to own property in this desirable location. All buyers are responsible for confirming City, County, Zoning, Tax, Association, Leasehold, Schools, and other records to their satisfaction before bidding. This property is sold AS-IS. There are no inspection contingencies in the contract. The Seller will not turn on utilities. This is a REO auction property.

 
 
Inclusions: Ceiling Fan, Other

Amenities: BBQ, Club House, Community Association Pool, Exercise Room, Other, Pool on Property, Resident Manager, Walking/Jogging Path

Utilities: Construction: Double Wall, Slab Lot Features: Floor: Other Disclosures: None, See Remarks Land Recorded: Regular System Furnished: Unknown

Possession: At Closing Terms: Cash, Other Sale Conditions: Lender Sale Pet Friendly: Yes Occupancy: 77% Number of Parking Spaces: 2 Parking Spaces Number: n/a Floor Number: 1 Elevators: Management Company Name & Phone: Hawaiiana 808-593-9100

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $469,400
Building: $853,800  
Assessed Total: $1,323,200  
Assessed Ratio: 21.61%
Pool:
Location:
Parking: Garage, Guest

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District Locator: DOE Locator to Confirm District
Area Total: 1,942
Acres: 0.0446
Topography:
Building Style: Townhouse
Building: Kukilakila
New Const: No

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Maint. Fee: $758
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $758
Exemption: 0
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 460
Avg Sq Ft Living: $176.00
Security:
Rental Income: $0
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X * 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:
Set-Backs: Roads:
Easements:

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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: $784 / 2030 | Buy Fee: $1,050,000 | Lessor: David Bangert | Reneg Date: | Expires: 06-01-2030 | 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.

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
09-27-2024 202323758 Price Decrease $287,500 $286,000 $286,000 $0 $1,323,200 $469,400 $853,800
09-11-2024 202323758 Price Decrease $289,000 $287,500 $286,000 $0 $1,323,200 $469,400 $853,800
08-27-2024 202323758 Price Decrease $291,500 $289,000 $286,000 $0 $1,323,200 $469,400 $853,800
08-09-2024 202323758 Price Decrease $293,000 $291,500 $286,000 $0 $1,323,200 $469,400 $853,800
07-24-2024 202323758 Price Decrease $294,500 $293,000 $286,000 $0 $1,323,200 $469,400 $853,800
07-05-2024 202323758 Price Decrease $296,000 $294,500 $286,000 $0 $1,323,200 $469,400 $853,800
06-17-2024 202323758 Price Decrease $297,500 $296,000 $286,000 $0 $1,323,200 $469,400 $853,800
05-20-2024 202323758 Price Decrease $299,000 $297,500 $286,000 $0 $1,323,200 $469,400 $853,800
05-03-2024 202323758 Price Decrease $301,800 $299,000 $286,000 $0 $1,323,200 $469,400 $853,800
04-12-2024 202323758 Price Decrease $303,400 $301,800 $286,000 $0 $1,323,200 $469,400 $853,800
03-20-2024 202323758 Price Decrease $307,400 $303,400 $286,000 $0 $1,323,200 $469,400 $853,800
02-27-2024 202323758 Price Decrease $309,000 $307,400 $286,000 $0 $1,323,200 $469,400 $853,800
02-12-2024 202323758 Price Decrease $311,700 $309,000 $286,000 $0 $1,323,200 $469,400 $853,800
01-25-2024 202323758 Price Decrease $319,100 $311,700 $286,000 $0 $1,323,200 $469,400 $853,800
01-08-2024 202323758 Price Decrease $326,400 $319,100 $286,000 $0 $1,323,200 $469,400 $853,800
12-11-2023 202323758 Price Decrease $328,100 $326,400 $286,000 $0 $1,323,200 $469,400 $853,800
11-21-2023 202323758 Price Decrease $331,100 $328,100 $286,000 $0 $1,323,200 $469,400 $853,800
10-30-2023 202323758 Price Decrease $339,000 $331,100 $286,000 $0 $1,323,200 $469,400 $853,800
10-12-2023 202323758 New Listing $339,000 Active $286,000 $0 $1,323,200 $469,400 $853,800
10-03-2023 202301075 Cancelled Active Cancelled $352,800 $0 $1,143,500 $469,400 $674,100
10-03-2023 202301075 Back On Market Active Active $352,800 $0 $1,143,500 $469,400 $674,100
08-10-2023 202301075 Pending Active In Escrow Not Showing $352,800 $0 $1,143,500 $469,400 $674,100
07-31-2023 202301075 Price Decrease $356,700 $352,800 $352,800 $0 $1,143,500 $469,400 $674,100
07-13-2023 202301075 Price Decrease $359,000 $356,700 $352,800 $0 $1,143,500 $469,400 $674,100
06-15-2023 202301075 Price Decrease $369,000 $359,000 $352,800 $0 $1,143,500 $469,400 $674,100
05-30-2023 202301075 Price Decrease $391,400 $369,000 $352,800 $0 $1,143,500 $469,400 $674,100
05-05-2023 202301075 Price Decrease $417,500 $391,400 $352,800 $0 $1,143,500 $469,400 $674,100
04-20-2023 202301075 Price Decrease $459,200 $417,500 $352,800 $0 $1,143,500 $469,400 $674,100
04-04-2023 202301075 Price Decrease $489,000 $459,200 $352,800 $0 $1,143,500 $469,400 $674,100
03-13-2023 202301075 Price Decrease $527,300 $489,000 $352,800 $0 $1,143,500 $469,400 $674,100
02-21-2023 202301075 Price Decrease $530,000 $527,300 $352,800 $0 $1,143,500 $469,400 $674,100
02-10-2023 202301075 Back On Market In Escrow Showing Active $352,800 $0 $1,143,500 $469,400 $674,100
01-31-2023 202301075 Active Under Contract Active In Escrow Showing $352,800 $0 $1,143,500 $469,400 $674,100
01-23-2023 202301075 Back On Market Active Active $352,800 $0 $1,143,500 $469,400 $674,100
01-20-2023 202301075 Hold Active Active $352,800 $0 $1,143,500 $469,400 $674,100
01-20-2023 202301075 New Listing Active Active $352,800 $0 $1,143,500 $469,400 $674,100
06-03-2010 2907620 Expired Active Expired $725,000 $0 $694,500 $513,200 $181,300
06-04-2009 2907620 New Listing Active Active $725,000 $0 $694,500 $513,200 $181,300
05-05-2009 2807653 Expired Active Expired $814,000 $0 $783,300 $600,800 $182,500
08-06-2008 2807653 Price Decrease $575,000 $559,000 $814,000 $0 $783,300 $600,800 $182,500
07-24-2008 2807653 Back On Market In Escrow Showing Active $814,000 $0 $783,300 $600,800 $182,500
07-02-2008 2807653 Active Continue to Show Active In Escrow Showing $814,000 $0 $783,300 $600,800 $182,500
06-16-2008 2807653 Price Decrease $599,000 $575,000 $814,000 $0 $783,300 $600,800 $182,500
05-06-2008 2807653 New Listing $599,000 Active $814,000 $0 $783,300 $600,800 $182,500
01-05-2006 2516904 Sold $599,000 Sold $499,000 $510,000 $444,900 $350,600 $94,300
12-05-2005 2516904 Pending In Escrow Showing In Escrow Not Showing $499,000 $510,000 $444,900 $350,600 $94,300
10-16-2005 2516904 Active Continue to Show Active In Escrow Showing $499,000 $510,000 $444,900 $350,600 $94,300
10-05-2005 2516904 New Listing Active Active $499,000 $510,000 $444,900 $350,600 $94,300
04-26-2000 2000814 Sold Active Sold $225,000 $215,000 $335,400 $210,500 $124,900
04-26-2000 2000814 Price Decrease $225,000 $215,000 $225,000 $215,000 $335,400 $210,500 $124,900
03-29-2000 2000814 Pending Active In Escrow Not Showing $225,000 $215,000 $335,400 $210,500 $124,900
01-27-2000 2000814 New Listing Active Active $225,000 $215,000 $335,400 $210,500 $124,900

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Pet Friendly Building - Always confirm with Agent.

Pet Policy: A maximum of 2 household pets. All pets shall be registered with the Site/Resident Manager. Dangerous and/or aggressive animals, as reasonably determined by the Board, are prohibited.

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Tax Records and Property History in this Building

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Rate:
6.19% 6.44% 6.69% 6.94% 7.19% 7.44% 7.69% 7.94% 8.44%
0% Down
$1,750$1,796$1,844$1,891$1,939$1,988$2,037$2,087$2,187
3.5% Down
$1,689$1,734$1,779$1,825$1,872$1,918$1,966$2,014$2,110
10% Down
$1,575$1,617$1,659$1,702$1,745$1,789$1,833$1,878$1,968
20% Down
$1,400$1,437$1,475$1,513$1,552$1,590$1,630$1,669$1,750
30% Down
$1,225$1,258$1,291$1,324$1,358$1,392$1,426$1,461$1,531
40% Down
$1,050$1,078$1,106$1,135$1,164$1,193$1,222$1,252$1,312
50% Down
$875$898$922$946$970$994$1,019$1,043$1,093

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Listing courtesy of REALHome Services & Solutions


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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