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2405 Kula Kolea Drive

2405 Kula Kolea Drive, Honolulu, HI 96819
Property in Kalihi Valley
Sold Dec 28, 2001
$265,000
$529,000 by Cardinal Financial Company Lp
Mortgage Due Feb 01, 2051
2405 Kula Kolea Drive has been categorized by the local assessors in Honolulu, HI as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1968. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2405 Kula Kolea Drive has 2,064 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,032 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,992 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 256 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as unsound. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing no heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2405 Kula Kolea Drive sold most recently in Dec 20, 2001 for a total of $265,000. If you work out the math, that's approximately a cost of $128.39 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,996 in taxes each year. 2405 Kula Kolea Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $948,900. If we break it down further, the land itself was valued at $747,300. Improvements to the property, however, were assessed at a total of $201,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Unsound
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Interior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,032
  • Garage Type: Garage
  • Garage Square Area: 256
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,992
  • Total Building Area: 2,064
  • Gross Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: None
  • Heated Square Feet: 2,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KULA KOLEA TR
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 5992 SF KULA KOLEA TR FP 488 SUBJ/ESMT

Ownership

  • Current Owner : FREITAS ERIC DUANE
  • Current Owner 2: FREITAS MARY GONSALEZ
  • Previous Owner : ALEGADO SILVERIO BAGASOL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hawaii Department of Education
  • Census Tract: 006302

Zoning

  • Zoning: U/05/00

Geography

  • Parcel: 1-1-3-040-003-0000
  • Lot: 3
  • Municipality: OAHU
  • Latitude: 21.35
  • Longitude: -157.862

    Address

  • Full Address: 2405 Kula Kolea Dr
  • Address - House Number: 2405
  • Address - Street Name: Kula Kolea
  • Address - Suffix Type: Dr
  • State: HI
  • City Name: Honolulu
  • Carrier Code: C014
  • 4-Digit Zip Code: 2826
  • Zip Code: 96819

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,996
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Apr 12, 2023
  • Confidence Score: 76
  • Final Value: 979,515
  • High Value: 1,154,807
  • Low Value: 804,224

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $529,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Loan Amount: $529,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $948,900
  • Market Land Value: $747,300
  • Market Improvement Value: $201,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $948,900
  • Assessed Land Value: $747,300
  • Assessed Improvements Value: $201,600

    Sales

  • Current Sale Contract Date: Dec 20, 2001
  • Current Sale Recording Date: Dec 28, 2001
  • Current Sale Transaction ID: 1090199372
  • Current Sale Price: $265,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2001-205827

    Last Sale Mortgage

  • First Mortgage Lender: DBA CHARTER FUNDING
  • First Mortgage Transaction Date: Dec 28, 2001
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2032

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Frequently Asked Questions

What neighborhood is 2405 Kula Kolea Drive located in?
The 2405 Kula Kolea Drive is a located in the neighborhood of Kalihi Valley in Kalihi Valley, Honolulu.
What is the average sales price for listings in 2405 Kula Kolea Drive?
The average sales price for units in 2405 Kula Kolea Drive is $0 currently.

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