NOT LISTED FOR SALE

14-5025 Walea Rd Pahoa, HI 96778

Estimated Value: $212,000 - $308,000

4 Beds
4 Baths
2,464 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $385,000 $156 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,559/month

175 Days on Market

Highlights

  • Ocean View
  • Attached Garage
  • Level Lot
  • Vaulted Ceiling
  • Ceramic Tile Flooring
  • Stacked Washer and Dryer

About This Home

As of October 2017

Located in the sunny Kapoho sunbelt of the east side of the Big Island, Hale Pilialoha, the Friendship House has been lovingly remodeled into 2 units that are both successful vacation rentals.

The main unit is a multi-story beautiful and charming 3 bedroom, 3 bath that has been decorated around the original cedar walls with a custom kitchen and updated appliances, 3 large and airy front and rear lanais, granite counters, and carpeted and tiled floors.

The huge master bedroom upstairs opens up to its own private ocean view lanai and has its own private master bath. Upstairs is also another full bath with a stackable washer/dryer.

Downstairs are the 2 other spacious bedrooms that open up to the rear lanai.

Also downstairs with its own private entrance is the cute as a button Hale Pilialoha Studio with full kitchen and private bath. Live in one and rent the other or keep them both in the successful vacation rental pool.

This incredible home can be purchased turnkey with all furnishings.

The best part is swimming and snorkeling is only a 5 minute walk away at the Wai Opae Tidal Pools Marine Preserve. And just a short 5 minute drive away is the Ahalanui Warm Spring Park where you can swim in a geothermally heated pond right at the ocean’s edge.

Beautiful and remodeled Kapoho homes like this with a separate rentable studio unit are almost a thing of the past. Don’t miss this opportunity to own this very special piece of paradise.

Last Buyer's Agent

Christi Mallicoat

ReLife Realty, LLC License #RB-18523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1980

Lot Details

  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-10

Parking

  • Attached Garage

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • No Heating
  • Private Water Source
  • Septic Tank
  • Internet Available
  • Phone Available

Community Details

  • Kapoho Vacationland Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 93
  • Assessor Parcel Number 3140670380000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • ResoLotFeatures: Cleared
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAPOHO VACATIONLAND
  • Reso Interior Features: Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 2464.0
  • Reso Window Features: Blinds
  • Year Built: 1980
  • Tax Year: 2016
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: Ocean
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3140670380000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2009.0
  • Tax Lot: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Nickels Sherry Lynn
Bought by
County Of Hawaii
Current Estimated Value
$249,329

Purchase Details

Listed on
Mar 9, 2017
Closed on
Oct 12, 2017
Sold by
Diers Brad G and Diers Cindy L
Bought by
Nickels Sherry Lynn
Buyer's Agent
Christi Mallicoat
ReLife Realty, LLC
List Price
$429,000
Sold Price
$385,000
Premium/Discount to List
-$44,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.17%
Original Mortgage
$288,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Sold by
Flanders Kirk and Flanders Linda Shea
Bought by
Diers Brad G and Diers Cindy L

Purchase Details

Closed on
Nov 24, 2003
Sold by
Harms Ardythe
Bought by
Flanders Kirk and Flanders Linda Shea

Purchase Details

Closed on
May 27, 2003
Sold by
Harms Ardythe
Bought by
Flanders Kirk and Flanders Linda Shea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nickels Sherry Lynn $385,000 Fam
Diers Brad G $160,000 --
Flanders Kirk $80,000 Title Guaranty Escrow
Harms Ardythe -- Title Guaranty Escrow
Flanders Kirk $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nickels Sherry Lynn $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $385,000 -10.3% $156 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $429,000 -- $174 / 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 --
2022 -- $100 $100 $0
2021 $0 $100 $100 $0
2020 $0 $100 $100 $0
2019 $0 $100 $100 $0
2018 $4,231 $381,200 $65,500 $315,700
2017 $2,483 $223,700 $72,000 $151,700
2016 $2,009 $199,900 $65,100 $134,800
2015 -- $199,300 $62,000 $137,300
2014 -- $213,200 $72,900 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 604893

Hawaii Information Service (MLS Hawaii)

APN: 3-1-4-067-038-0000