NOT LISTED FOR SALE

12-7032 Kaehukai St Pahoa, HI 96778

Estimated Value: $559,463 - $820,000

3 Beds
3 Baths
2,136 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $420,000 $197 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,427/month

84 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Stone Wall
  • Wood Flooring

About This Home

As of March 2017

Affordable income property! STUNNING OCEAN VIEWS 3 popular vacation rentals earning a steady income yearly! Located only 200 feet from the oceans edge, earned more this year than previous years, not one but two unique buildings. Not two but 3 rental units that are high end. Live in one and rent the others, so many options! The caretaker is available to stay on if you decide to utilize that service as well!

The first dwelling is a stunning 3 story modern town home that has a studio apartment on the bottom section and a two story luxurious apartment above it with separate entries. The top of the second story building has a teak hatch that turns into a ladder where you can climb up to the rooftop. The rooftop views are breathtaking from this location. Stargaze and whale watch! There is also a cable tower so you get free high speed internet from the company for the life of the property as long as the tower stays up there. This home also has mail service with it's own private mailbox. Only a few homes in Seaview has this service!
The second dwelling is a triangular shaped unit. It's a two story dwelling that can sleep up to 12 people. It's got windows galore. An outdoor bathroom has been recently added over a year ago to this unit. This is a D. Bona Designed property- a well known local architect that designed a few very unique homes. You will recognize the unique character traits of this architect within these dwellings. River rock used extensively in the home along with Teak. High end fixtures and materials used throughout the two units. The triangular home was a garage prior to the owner converting it into a modern 2 story loft rental. This is still considered a garage but being used for a high end vacation rental. Permits still say it's a garage.

Ocean spirit also has many fruit trees guests get to enjoy including 8 varieties of bananas, organic papaya, yellow dragon fruit, mandarin oranges, pmello, tangerine, taro, squash, pineappl

Last Agent to Sell the Property

Jaime Luster

eXp Realty Brokerage Phone: 8087691675 License #RS-75855 Listed on: 10/22/2016

eXp Realty

Last Buyer's Agent

Evan Cole Clarke

Hawaii Life License #RS-65748

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 2003

Lot Details

  • Stone Wall
  • Corner Lot
  • Property is zoned A-3A

Interior Spaces

  • 2,136 Sq Ft Home
  • Multi-Level Property
  • Blinds
  • Wood Flooring
  • Ocean Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cistern
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kalapana Sea View Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 61
  • Assessor Parcel Number 3120340350000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,432

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Corner Lot
  • Attribution Contact: 8087691675
  • Co List Office Phone: 8088866600
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KALAPANA SEA VIEW ESTATES
  • Living Area: 2136.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Window Coverings
  • Year Built: 2003
  • Tax Year: 2016
  • HIS_PoolYN: No
  • Unit Description: Bedroom on 1st Level, Duplex, Multi-Dwelling, Multi-Story
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Satellite, Wireless
  • HIS_Easement: Electric, Telephone
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Hardwood
  • Total Bathrooms: 3

Exterior Features

  • View: HIS Sunrise, HIS Sunset, Ocean, Ocean Horizon, Other
  • Waterfront: No
  • Roads: Paved

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3120340350000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3432.0
  • Tax Lot: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2016
Closed on
Feb 22, 2017
Sold by
Hobson Christopher Duane
Bought by
Iledan Sheryl Rose and Thibodeau Derek
Seller's Agent
Jaime Luster
eXp Realty
Buyer's Agent
Evan Cole Clarke
Hawaii Life
List Price
$535,000
Sold Price
$420,000
Premium/Discount to List
-$115,000
-21.5%
Current Estimated Value
$713,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,866
Avg. Annual Appreciation
6.37%
Original Mortgage
$315,000
Outstanding Balance
$260,221
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$453,645

Purchase Details

Listed on
Sep 5, 2015
Closed on
Jan 8, 2016
Sold by
Shipp Randall Jay
Bought by
Hobson Christopher Duane
Seller's Agent
Jaime Luster
eXp Realty
Buyer's Agent
Jaime Luster
eXp Realty
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.92%
Original Mortgage
$325,000
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 2015
Sold by
Shipp Randall Jay and Persinger Mark Cordus
Bought by
Shipp Randall Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 14, 2012
Closed on
Apr 19, 2013
Sold by
Marie Elaine
Bought by
Shipp Randall Jay and Persinger Hallie Jane
Seller's Agent
Joy Dillon
Mary Begier Realty
Buyer's Agent
Joy Dillon
Mary Begier Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
May 28, 2004
Sold by
Hilton Justin Robert
Bought by
Marie Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bals Michael Phillip and Bals Hildur Adina
Bought by
Hilton Properties Ltd
Source: Public Records

Range of Values:

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Average Value
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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
Iledan Sheryl Rose $420,000 Tg
Hobson Christopher Duane $450,000 Tg
Shipp Randall Jay -- None Available
Shipp Randall Jay $375,000 Fam
Marie Elaine $370,000 First American Title Co Inc
Hilton Justin Robert $7,200 --
Hilton Properties Ltd $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iledan Sheryl Rose $315,000
Previous Owner Hobson Christopher Duane $325,000
Previous Owner Marie Elaine $144,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2017 03/02/17 Sold $420,000 -21.5% $197 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
10/22/2016 10/22/16 For Sale $535,000 +18.9% $250 / Sq Ft
01/14/2016 01/14/16 Sold $450,000 -9.1% $211 / Sq Ft View Prior Sale
12/02/2015 12/02/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $495,000 +32.0% $232 / Sq Ft
04/30/2013 04/30/13 Sold $375,000 -6.0% $116 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $399,000 -- $124 / Sq Ft
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
2025 $7,699 $737,600 $58,700 $678,900
2024 $7,699 $693,600 $50,100 $643,500
2022 $7,258 $653,900 $55,400 $598,500
2021 $5,760 $518,900 $35,800 $483,100
2020 $5,654 $509,400 $35,800 $473,600
2019 $5,072 $456,900 $38,400 $418,500
2018 $0 $456,900 $38,400 $418,500
2017 $3,433 $430,400 $23,800 $406,600
2016 $3,433 $371,100 $32,700 $338,400
2015 -- $288,600 $27,800 $260,800
2014 -- $334,300 $25,800 $308,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 600765

Hawaii Information Service (MLS Hawaii)

APN: 3-1-2-034-035-0000