NOT LISTED FOR SALE

Estimated Value: $1,673,000 - $2,308,000

0.27 Acre
$7,192,170 Price per Acre
11,761 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $332,500

Est. 484% increase in value since last sale

Current estimated payment $11,281/month

552 Days on Market

About This Lot

As of March 2017

FANTASTIC OPPORTUNITY AT THIS COMPELLING NEW PRICE! Don't miss this Panoramic Ocean View Rim lot in Kalaheo's premier residential community: Kakela Makai. Located along the rim of the bottom 'tier' of the neighborhood, you have a "Front Row Seat" to enjoy the gorgeous views overlooking Kauai Coffee Plantation Fields to Poipu and the beautiful blue Pacific Ocean beyond! This spacious corner rim lot has over 12,000 sqft of land to design your own custom ocean view estate!

Kakela Makai's CC&R's ensure it will remain one of the islands upscale neighborhoods for years to come AND an Additional Dwelling Unit is allowed! This allows you to have a separate guest quarters complete with its own kitchen - a rare opportunity in a residential subdivision on Kauai.

Ownership in Kakela Makai Subdivision also includes the use of the many wonderful amenities. Community center with large pool, club house, hot tub, exercise equipment and more. And you are only minutes to some of the islands best beaches, fine dining, shopping and golf! This is Kauai living at its best!

Directions from Lihue : Travel west on Highway 50, past Highway 530 intersection and turn left at next light (Papalina Rd) travel to Kukuiolono Golf Course turn right on Puu Rd. and next left is Kakela Makai Dr. Follow Kakela Makai Dr to the very last street Kaena. The lot is on the corner of Kaena and Kakela Makai.

Last Listed By

Danette Andrews

Aloha Sotheby's International - Kauai Brokerage Phone: 8086357019 License #RS-60907 Listed on: 07/29/2015

Aloha Sotheby's International - Kauai

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,275

Year Built

  • 2019

Lot Details

  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R-4

HOA Fees

  • $67 Monthly HOA Fees

Utilities

  • Underground Utilities

Community Details

  • Kakela Makai Oceanview Subdivision Iii

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 4230240180000

Property Details

Property Type

Land

Est. Annual Taxes

$1,275

Year Built

2019

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • ResoLotFeatures: Cleared, Corner Lot
  • Attribution Contact: 8086357019
  • Co List Office Phone: 8088267211
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAKELA MAKAI OCEANVIEW SUBDIVISION III
  • Tax Year: 2014
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Exterior Features

  • Topography: Graded,Level
  • Waterfront: No
  • Roads: Paved

Utilities

  • Cooling: Cash
  • Sewer: Other
  • Utilities: Electricity Available, Other, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 67.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4230240180000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1275.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Mar 7, 2017
Sold by
Schorr Michael F and Schorr Woonteng
Bought by
Anderson Kevin Charles and Anderson Barbara Lynn
Seller's Agent
Danette Andrews
Aloha Sotheby's International - Kauai
List Price
$435,000
Sold Price
$332,500
Premium/Discount to List
-$102,500
-23.56%
Total Days on Market
552
Current Estimated Value
$1,941,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,609,386
Avg. Annual Appreciation
25.63%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Kakela Makai Partners I
Bought by
Schorr Michael F and Schorr Woonteng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2004
Sold by
Kakela Makai Partners I
Bought by
Leonetti John R and Leonetti Kim C

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Kevin Charles $332,500 Or
Schorr Michael F $500,000 Tg
Leonetti John R $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Kevin Charles $550,000
Closed Anderson Kevin Charles $550,000
Closed Anderson Kevin Charles $675,000
Previous Owner Schorr Michael F $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Off Market $332,500 -- --
03/31/2017 03/31/17 Sold $332,500 -23.6% --
01/31/2017 01/31/17 Pending -- -- --
07/29/2015 07/29/15 For Sale $435,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,376 $1,227,500 $530,300 $697,200
2023 $5,499 $1,191,800 $485,300 $706,500
2022 $5,323 $1,157,100 $0 $0
2021 $5,153 $1,123,400 $0 $0
2020 $7,105 $1,126,800 $371,200 $755,600
2019 $1,965 $324,800 $324,800 $0
2018 $1,787 $295,300 $295,300 $0
2017 $1,787 $295,300 $295,300 $0
2016 $1,787 $295,300 $295,300 $0
2015 $893 $295,300 $0 $0
2014 -- $210,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 285692

Hawaii Information Service (MLS Hawaii)

APN: 4-2-3-024-018-0000