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703 Kihapai Place Kailua HI 96734

$2,050,000 | OahuRE Rebate $8,200 | Active

Listed on 02-26-2024

8 Bedrooms, 4 Full Baths, 0 Half Baths, 5 Parking Spaces

2,080 Square Feet Living * 6,000 Square Feet Land

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Property Last Viewed: 04/27/2024 10:39 PM, Total Views Today: 0, Total Views: 144, Viewed History

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OahuRE.com Notes About This Property

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

The last sale on February 2, 2022, used Cash financing, so it is not an assumable mortgage.

Listed previously on September 20, 2021 for $1,490,000. View Details

Listed previously on November 17, 2020 for $3,200,000. View Details

Listed previously on November 14, 2018 for $3,400,000. View Details

Listed previously on March 15, 2017 for $900,000. View Details

Fell out of escrow or Temporarily Withdrawn 2 times. View Details

Price Decreased 2 times. View Details

Withdrawn 2 times. View Details

Price trends for Coconut Grove.

There were 91 homes sold in the last 2 years in the Coconut Grove neighborhood.


703 Kihapai Place

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703 Kihapai Place

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Property Details

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MLS#: 202404361 * Questions?
Status: Active since 02-26-2024 See History
Price: $2,050,000
Rebate: $ 8,200 from OahuRE.com.
Monthly: $ 12,219.25 Update the default down payment and interest rate
  Monthly payment estimate for $ 2,050,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 436 taxes, and $ 0 fees. Insurance not included.
Beds: 8   Baths: 4   Half: 0  Parking Spaces: 5
Living Sq Ft: 2,080
Land Sq Ft: 6,000
Land Tenure: FS - Fee Simple
Address: 703 Kihapai Place Kailua HI 96734
Region: Kailua - Activity
Neighborhood: Coconut Grove - Activity * Coconut Grove Stats
Street: Kihapai - Activity * Kihapai Place Stats
Showing: Showing Request

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Original: $2,050,000
Change: $0    0.00%
Parcel#: 1-4-3-058-040-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 62 days in Active or In Escrow Showing
Date: Listed: 02-26-2024
Date: Status Change: 02-28-2024
Recent History: Last Sold on 02-02-2022 for $1,490,000 - MLS# 202124190 - Seller's Agent: Mike Dilks, Buyer's Agent: Tony Groman
Year Built: 1956 Remodeled: 1990
View: Mountain, Other
Frontage: Other, Stream/Canal
Monthly Tax: $436 Year: 2024
Land: FS - Fee Simple
Condition: Above Average, Average

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Description:

A2 zoned 6,000sq ft lot with two duplexes (4 units total) just a few blocks away from Kailua town. Each unit is a 2bed/ 1bath. 4 electric meters, one water meter. Beautiful mountain views and Maunawilli stream frontage. Average rent per unit currently is approx $2,169/month. ($8,675 total per month). Current monthly expenses: approx $400 water, $75 yard service, $179 insurance.

GE tax $390, property tax $436 per month. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Proof of funds/ pre-approval is requested prior to showing. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Please do not disturb the tenants. Also listed as Multi-Family MLS #202401479.

 
 
Inclusions: None

Amenities: None

Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee Construction: Above Ground, Single Wall Lot Features: Clear Floor: Laminate, Other Disclosures: 1031 Exchange, Call Listor, Licensed Owner, Listor Owner, Pet on Property, Property Disclosure Stmt Land Recorded: Land Court Furnished: None

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

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $1,312,000
Building: $183,100  
Assessed Total: $1,495,100  
Assessed Ratio: 137.11%
Pool: None
Location: Cul-De-Sac, Dead End
Parking: 3 Car+

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District Locator: DOE Locator to Confirm District
Area Total: 6,000
Acres: 0.1377
Topography: Level
Building Style: Duplex, Multiple Dwellings
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 0
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 0
Avg Sq Ft Living: $985.58
Avg Sq Ft Land: $341.67
Security: Key
Rental Income: $8,675
Stories: One CPR: No
Zoning: 12 - A-2 Medium Density Apartme
Flood Zone: Zone AH * 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 Roads: County Rd, 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 Town and Country Real Estate (808) 389-4004

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
02-28-2024 202404361 New Listing Active $2,050,000 $0 $1,495,100 $1,312,000 $183,100
02-02-2022 202124190 Sold In Escrow Showing Sold $1,490,000 $1,490,000 $1,225,600 $1,140,000 $85,600
12-14-2021 202124190 In Escrow Showing Active In Escrow Showing $1,490,000 $1,490,000 $1,225,600 $1,140,000 $85,600
11-09-2021 202124190 Back On Market In Escrow Showing Active $1,490,000 $1,490,000 $1,225,600 $1,140,000 $85,600
11-01-2021 202124190 In Escrow Showing Active In Escrow Showing $1,490,000 $1,490,000 $1,225,600 $1,140,000 $85,600
09-20-2021 202124190 New Listing Active Active $1,490,000 $1,490,000 $1,225,600 $1,140,000 $85,600
07-09-2021 202029400 Withdrawn Active Cancelled $3,200,000 $0 $2,341,600 $2,160,000 $181,600
11-17-2020 202029400 New Listing Active Active $3,200,000 $0 $2,341,600 $2,160,000 $181,600
04-30-2019 201829578 Withdrawn Active Cancelled $3,080,000 $0 $2,220,400 $2,040,000 $180,400
02-04-2019 201829578 Price Decrease $3,200,000 $3,080,000 $3,080,000 $0 $2,220,400 $2,040,000 $180,400
12-19-2018 201829578 Back On Market In Escrow Showing Active $3,080,000 $0 $2,220,400 $2,040,000 $180,400
11-23-2018 201829578 In Escrow Showing Active In Escrow Showing $3,080,000 $0 $2,220,400 $2,040,000 $180,400
11-15-2018 201829578 Price Decrease $3,400,000 $3,200,000 $3,080,000 $0 $2,220,400 $2,040,000 $180,400
11-15-2018 201829578 New Listing $3,400,000 Active $3,080,000 $0 $2,220,400 $2,040,000 $180,400
11-15-2018 201829578 $3,400,000 $3,400,000 $3,080,000 $0 $2,220,400 $2,040,000 $180,400
05-22-2017 201706009 Sold $3,400,000 Sold $900,000 $900,000 $768,600 $672,000 $96,600
03-21-2017 201706009 In Escrow Not Showing Active In Escrow Not Showing $900,000 $900,000 $768,600 $672,000 $96,600
03-18-2017 201706009 Active $900,000 $900,000 $900,000 $768,600 $672,000 $96,600
03-18-2017 201706009 New Listing Active Active $900,000 $900,000 $768,600 $672,000 $96,600

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Estimated Monthly Mortgage Payment

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Save $73,901.49 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
$12,094$12,423$12,756$13,093$13,433$13,777$14,124$14,475$15,185
3.5% Down
$11,671$11,988$12,309$12,634$12,963$13,294$13,630$13,968$14,654
10% Down
$10,884$11,181$11,480$11,783$12,090$12,399$12,712$13,027$13,667
20% Down
$9,675$9,938$10,205$10,474$10,746$11,021$11,299$11,580$12,148
30% Down
$8,466$8,696$8,929$9,165$9,403$9,644$9,887$10,132$10,630
40% Down
$7,256$7,454$7,653$7,856$8,060$8,266$8,474$8,685$9,111
50% Down
$6,047$6,211$6,378$6,546$6,716$6,888$7,062$7,237$7,593

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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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Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 04.28.24. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

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