NOT LISTED FOR SALE

14-5015 Walea Rd Pahoa, HI 96778

Estimated Value: $208,000 - $327,000

2 Beds
2 Baths
1,056 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $302,000 $286 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,668/month

112 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Level Lot
  • Vaulted Ceiling
  • Landscaped
  • Grass Covered Lot

About This Home

As of May 2017

Beautifully maintained, successful vacation rental home located in the coastal community of Kapoho Vacationland. The home, tucked into an 8,000 sqft tropical lot, is just a few minutes walking distance away from the Wai'opae tide pools which many believe has some of the best snorkeling in Hawaii.

This 2 bedroom, 2 bathroom, 1056 sqft house is an immersion in ultimate island comfort and grand old Hawaiian style. Built on wooden piers to allow ultimate airflow throughout, you enter the home through one of the two sets of French doors off the 352 sqft cover lanai. The lanai faces East towards the Pacific Ocean so it catches the daily trade wind breezes and morning light. Once inside you will note the open floor plan great for family gatherings or personal peaceful time.

The living area, with its vaulted pine wood ceilings, is large enough for plenty of seating and has direct access to the lanai. The dining area easily fits a table with six seats and has two large picture windows with views out to the yard. The kitchen has plenty of room to move, bar seating, ceramic tile counter tops, beautiful wooden cupboards and a west facing window allowing for cross breezes. Down the hall is first the guest bathroom and bedroom and at the end is the roomy master suite. The master bathroom has a classic claw foot tub while the shower is located outside on the deck.

Below the home is plenty of room for covered parking or a workshop/studio. Tropical, easy to maintain landscaping surrounds the home.

This super peaceful beach house would make a great private residence or keep it as a rental. The home is located a short distance to black sand beaches and azure blue seas teeming with sea turtles and dolphins. Enjoy thermal hot ponds, surfing, snorkeling, biking and hiking all within a short distance. Pahoa Town with its excellent restaurants and quaint shops is located close by. Why not live and work in Paradise!

Home can be sold turn-key.

Last Agent to Sell the Property

Cathy Fedak

Hilo Bay Realty LLC Brokerage Phone: 8089363982 License #RB-24192 Listed on: 11/21/2016

Last Buyer's Agent

Howard Meguro

Coldwell Banker Island Properties - Hilo License #RB-22392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned RS-10

Parking

  • 2 Carport Spaces

Property Views

  • Ocean
  • Forest
  • Garden

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,056 Sq Ft Home
  • Vaulted Ceiling
  • Track Lighting
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Private Water Source
  • Septic Tank
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 101
  • Assessor Parcel Number 3140670340000

Community Details

Overview

  • Kapoho Vacationland Subdivision

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Cleared, Grassy, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAPOHO VACATIONLAND
  • Carport Spaces: 2.0
  • Reso Interior Features: High Ceilings, Track Lightning, Vaulted Ceilings
  • Living Area: 1056.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2002
  • Tax Year: 2016
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 352
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: DSL, Wireless
  • HIS_Easement: Other (remarks)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: Forest, Garden, HIS Sunrise, Ocean, Other
  • Waterfront: No
  • Exterior Features: Lightning, Recreation Area
  • Roads: County, Paved, Private

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3140670340000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1994.0
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Newell Daniel M and Newell Jennifer R
Bought by
County Of Hawaii
Current Estimated Value
$266,667

Purchase Details

Listed on
Nov 21, 2016
Closed on
Apr 26, 2017
Sold by
Shaw David William and Kramer Nancy Jean
Bought by
Newell Daniel M and Hultz Jennifer R
Seller's Agent
Cathy Fedak
Hilo Bay Realty LLC
Buyer's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
List Price
$309,000
Sold Price
$302,000
Premium/Discount to List
-$7,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.43%
Original Mortgage
$241,600
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Emmert Patrick L and Brun Cecile M
Bought by
Shaw David William and Kramer Nancy Jean

Purchase Details

Closed on
Apr 19, 2005
Sold by
Corbet Roberta Ellen
Bought by
Emmert Patrick L and Brun Cecile M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 2001
Sold by
Imel Margo L
Bought by
Zaszczurynski Walter and Smockhoffmann Sharon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
County Of Hawaii -- Title Guaranty & Escrow Servic
Newell Daniel M $302,000 Fam
Shaw David William $350,000 Tg
Emmert Patrick L $342,000 --
Corbet Roberta Ellen -- First American Title Company
Zaszczurynski Walter $26,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newell Daniel M $241,600
Previous Owner Emmert Patrick L $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $302,000 -2.3% $286 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $309,000 -- $293 / 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 -- $100 $100 --
2024 -- $100 $100 --
2023 -- $100 $100 --
2022 -- $100 $100 $0
2021 $0 $100 $100 $0
2020 $0 $100 $100 $0
2019 $0 $100 $100 $0
2018 $907 $234,300 $65,500 $168,800
2017 $2,321 $209,100 $72,000 $137,100
2016 $1,995 $198,500 $65,100 $133,400
2015 -- $176,400 $62,000 $114,400
2014 -- $206,600 $72,900 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 600174

Hawaii Information Service (MLS Hawaii)

APN: 3-1-4-067-034-0000