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881 Aalapapa Drive Kailua HI 96734

$3,400,000 | OahuRE Rebate $20,400 | Active

Listed on 01-05-2024

2 Bedrooms, 2 Full Baths, 0 Half Baths, 6 Parking Spaces

1,132 Square Feet Living * 14,000 Square Feet Land

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Property Last Viewed: 04/26/2024 06:59 PM, Total Views Today: 0, Total Views: 283, Viewed History

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OahuRE.com Notes About This Property

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

Listed previously on January 10, 2023 for $3,900,000. View Details

Price Decreased 1 time. View Details

Expired 1 time. View Details

Price trends for Lanikai.

There were 39 homes sold in the last 2 years in the Lanikai neighborhood.


881 Aalapapa Drive

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Property Details

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MLS#: 202400345 * Questions?
Status: Active since 01-05-2024 See History
Price: $3,400,000
Rebate: $ 20,400 from OahuRE.com.
Monthly: $ 20,159.95 Update the default down payment and interest rate
  Monthly payment estimate for $ 3,400,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 617 taxes, and $ 0 fees. Insurance not included.
Beds: 2   Baths: 2   Half: 0  Parking Spaces: 6
Living Sq Ft: 1,132
Land Sq Ft: 14,000
Land Tenure: FS - Fee Simple
Address: 881 Aalapapa Drive Kailua HI 96734
Region: Kailua - Activity
Neighborhood: Lanikai - Activity * Lanikai Stats
Street: Aalapapa - Activity * Aalapapa Drive Stats
Showing: Showing Request

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Original: $3,400,000
Change: $0    0.00%
Parcel#: 1-4-3-008-078-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 114 days in Active or In Escrow Showing
Date: Listed: 01-05-2024
Date: Status Change: 01-05-2024
Recent History: Expired Listing - Listed for 357 days starting on 01-10-2023 - MLS# 202300581
Year Built: 1936 Remodeled:
View: Garden, Ocean
Frontage:
Monthly Tax: $617 Year: 2023
Land: FS - Fee Simple
Condition: Average

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Description:

Rarely available extra large 14,000 sqft lot with Ocean view from the future second floor. Roomy Two bedroom Two bath Shabby Chic cottage waiting for your personal touch. Located on the hill top, just one block to the beach, 200 yards from Mid Pacific Country club and golf course, and two blocks from Lanikai park. This deep rectangular lot provides great privacy and an ocean view from any future second-floor construction. If you are looking to build your ocean view dream home in Lanikai, this is the lot for you. Just a short walk to 2.5 mile long Kailua Beach, Buzz’s Steak House, and Kalapawai Market. The cottage is located at an elevation of 60ft and out of the tsunami and Fema flood zone. There are two mango trees, a star fruit tree, and an avocado tree. The lot has a modest slope upwards and gains approximately 20 feet in elevation from Aalapapa Drive to the back of the lot. Lanikai is a dreamy place to live where neighbors walk the loop with their pets and say hello to each other. Come live the dream!

 
 
Inclusions: Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer

Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck

Utilities: Cable, Internet, Overhead Electricity, Public Water, Telephone, Water Construction: Single Wall, Wood Frame Lot Features: Clear Floor: Hardwood, Vinyl Disclosures: 1031 Exchange, Property Disclosure Stmt Land Recorded: Land Court Furnished:

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $2,166,000
Building: $150,000  
Assessed Total: $2,316,000  
Assessed Ratio: 146.80%
Pool: None
Location: Inside
Parking: 3 Car+, Boat, Driveway

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District Locator: DOE Locator to Confirm District
Area Total: 14,000
Acres: 0.3214
Topography: Gentle Slope, 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: 100000
Other: 148
Lanai Sq Ft: 216
Garage Sq Ft: 0
Avg Sq Ft Living: $3,003.53
Avg Sq Ft Land: $242.86
Security: Key
Rental Income: $0
Stories: One CPR: No
Zoning: 03 - R10 - 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: Asphalt Shingle, Other
Set-Backs: C and C Roads: Paved Rd
Easements: None

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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
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 Hawaii Homes International (808) 295-0704

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
01-05-2024 202400345 New Listing Active $3,400,000 $0 $2,316,000 $2,166,000 $150,000
01-03-2024 202300581 Expired Active Expired $3,400,000 $0 $2,202,500 $2,166,000 $36,500
05-04-2023 202300581 Price Decrease $3,900,000 $3,400,000 $3,400,000 $0 $2,202,500 $2,166,000 $36,500
01-10-2023 202300581 New Listing $3,900,000 Active $3,400,000 $0 $2,202,500 $2,166,000 $36,500

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Save $75,129.14 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$20,058$20,604$21,156$21,714$22,279$22,849$23,425$24,007$25,185
3.5% Down
$19,356$19,883$20,416$20,954$21,499$22,049$22,605$23,166$24,304
10% Down
$18,052$18,543$19,040$19,543$20,051$20,564$21,083$21,606$22,667
20% Down
$16,046$16,483$16,925$17,372$17,823$18,279$18,740$19,205$20,148
30% Down
$14,041$14,423$14,809$15,200$15,595$15,994$16,398$16,805$17,630
40% Down
$12,035$12,362$12,694$13,029$13,367$13,709$14,055$14,404$15,111
50% Down
$10,029$10,302$10,578$10,857$11,139$11,425$11,713$12,003$12,593

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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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