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  • $1,200,000

    232A Kihapai St, Kailua, HI 96734

    6beds
    2,896sqft
    Single Family Residence
    Built in 1950
    -- sqft lot
    $1,177,500 Zestimate®
    $414/sqft
    $7,897 Estimated rent

    Home value

    $1,177,500

    $1.08M - $1.28M

    $7,897/mo

    Zestimate® history
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    $6,729/mo

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    What's special

    Incredible opportunity to own a spacious 2-story home in Kailua! Call your contractor and get ready to customize your future home. Priced well below tax assessed value, this home is awaiting a makeover to bring it back to life. Completely rebuilt in 1991 integrated with rental spaces. Main floor: 3 bedrooms/2 bathrooms with a partially covered lanai; 1st flr interior needs a complete renovation. 2nd floor: 3 bedrooms/2 bathrooms, separate entrances on each side, dedicated laundry area and open floor plan which can easily be converted to partition a studio to increase rental possibilities. In 2019, both bathrooms were completely renovated. Currently tenant occupied til Jan 10, 2025. Some simple landscaping can transform the level yard where a mature avocado tree sits. The carport boasts large storage closets easily accommodating 2 covered parking + 3 more in the driveway and a boat. Perfect for multi-generational families or a single family seeking built-in rental capability. Ride your bicycle or take a stroll down the road to Kailua town. Kalama Beach park is a short 4 min drive, with Kailua and Lanikai Beaches just a few minutes down the coastline.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dee K Asuncion 808-840-7232,

    The LFG Group, Inc.

    Bought with:

    Jody W Libed, RS-73766

    Coldwell Banker Realty

    Source: HiCentral MLS,MLS#: 202428293MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Bedroom on Main Level, Full Bath on Main Level
    • Flooring: Laminate, Vinyl
    Interior area
    • Total structure area: 3,296
    • Total interior livable area: 2,896 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Boat, Carport, Driveway, Three or more Spaces, On Street
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Fencing: Fenced,Wall
    • Has view: Yes
    • View description: None
    • Frontage type: Other
    Lot
    • Features: Interior Lot, Other, Level
    • Topography: Level
    Details
    • Parcel number: 1430600770000
    • Zoning description: 05 - R-5 Residential District

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Detached
    • Property subtype: Single Family Residence
    Materials
    • Double Wall, Wood Frame
    • Foundation: Slab
    Condition
    • Average Condition,Updated/Remodeled
    • New construction: No
    • Year built: 1950
    • Major remodel year: 1991

    Utilities & green energy

    • Water: Public
    • Utilities for property: Above Ground Utilities, Electricity Available, Other, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Deck/Porch, Patio, Storage Facilities
    • Security: Key Card Entry
    • Subdivision: Coconut Grove
    HOA
    • Services included: None
    Location
    • Region: Kailua

    Financial & listing details

    • Price per square foot: $414/sqft
    • Tax assessed value: $1,402,000
    • Annual tax amount: $4,347
    • Date on market: 12/18/2024
    • Inclusions: Blinds, Ceiling Fan, Range Hood, Range/Oven, Refrigerator, Solar Heater

    Price history

    DateEventPrice
    1/23/2025Sold$1,200,000-11.1%$414/sqft
    Source: HiCentral MLS #202428293 Report a problem
    12/20/2024Contingent$1,350,000$466/sqft
    Source: HiCentral MLS #202428293 Report a problem
    12/20/2024Listed for sale$1,350,000$466/sqft
    Source: HiCentral MLS #202428293 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,458 +117.6%$1,478,800 +5.5%
    2024$4,347 -14.4%$1,402,000 -11.9%
    2023$5,079 +14.1%$1,591,100 +12.7%
    2022$4,450 +42.9%$1,411,400 +37%
    2021$3,115 -0.5%$1,029,900 -0.4%
    2020$3,129 -9.1%$1,034,100 -2.8%
    2019$3,444 +5.2%$1,064,000 +4.8%
    2018$3,275 +16.5%$1,015,700 +7.1%
    2017$2,812 +7.5%$948,300 +6.3%
    2016$2,615 +20.8%$892,100 +16.9%
    2015$2,164 -3%$763,400 -3.1%
    2014$2,231 $788,100
    Find assessor info on the county website

    Neighborhood: 96734

    Nearby schools

    GreatSchools rating
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    $1,177,500
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    +$23,550
    With Zillow Showcase(estimated)
    $1,201,050