NOT LISTED FOR SALE

14-5032 Kumukahi Rd Pahoa, HI 96778

Estimated Value: $391,000 - $985,000

10 Beds
6 Baths
4,928 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $489,950 $99 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,787/month

115 Days on Market

Highlights

  • Ocean View
  • Ceramic Tile Flooring
  • Level Lot
  • Gated Community

About This Home

As of May 2017

UNBELIEVABLE VALUE FOR THIS 4 UNIT PROPERTY!

Gated Kapoho Beach Lots community with ocean views within walking distance of the Champagne Pond where the hot water bubbles up from the volcanic magma to meet the cool ocean tide, creating a soothing salt-water swimming pool. Ocean views from 2 of the 4 units; wave sounds and fresh trade wind air to all four units. The property consists of two 2-story homes connected by a covered deck and lower level lanai. The homes are currently used as four units consisting of (2) 3BD/1BA downstairs homes and (2) 2BD/ 2BA bath homes upstairs, for a total of 10 bedrooms and 6 bathrooms, 4 with shower/tub, 2 with shower. Each unit has a clothes washer hookup. Front and rear lanais upstairs provide an additional 1260 sq. ft. of covered outdoor living space. There are two exterior staircases and two interior staircases for extended families wishing to connect 2 units that can accommodate 10 or more. The homes also feature large, open floor plans, lots of window space, large kitchens with lots of storage, circular driveway with plenty of parking, lawn and garden space, tall coconut palms, apple bananas, mango trees, pineapple, chili. Quiet location, ocean view, outdoor shower, walk-in closets, county water, solar hot water heaters, privacy. Kapoho Beach Lots is a special community known the world over for its beauty, tranquility and comforting waters. These homes are lucky enough to be built on this the precious natural environment. Safely snorkel and swim any day with the turtles and 1000s of tropical fish. Seller is a California licensed real estate broker. Hard money loan available with strong down payment.

Last Buyer's Agent

Rick Barbati

New eRealty License #RB-15968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1985

Lot Details

  • Level Lot

HOA Fees

  • $875 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • Duplex

Interior Spaces

  • 4,928 Sq Ft Home
  • 2-Story Property
  • Washer

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • No Heating
  • Private Water Source
  • Cesspool
  • Phone Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 3140250130000

Community Details

Overview

  • 4 Units
  • Kapoho Beach Lots Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,650

Year Built

Built in 1985

Lot Details

0

HOA Fees

$875 per month

Listing Details

  • Prop. Type: Residential Income
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Gated Community
  • Attribution Contact: 8082099502
  • Co List Office Phone: 8082099502
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAPOHO BEACH LOTS
  • Unit Levels: Two
  • Living Area: 4928.0
  • Reso Window Features: Window Coverings
  • Year Built: 1985
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Duplex
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Stories: 2
  • Total Bathrooms: 6

Exterior Features

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

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Cash, None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Electricity Available, Phone Available
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 875.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3140250130000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2650.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
May 22, 2017
Sold by
Beckwith John
Bought by
Setbacken Jeremy M
Buyer's Agent
Rick Barbati
New eRealty
List Price
$549,000
Sold Price
$489,950
Premium/Discount to List
-$59,050
-10.76%
Current Estimated Value
$734,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,217
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
May 27, 2015
Sold by
Gleason Michael E
Bought by
Beckwith John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,608
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2015
Sold by
Gleason Michael Edwin and Neill Patricia E O
Bought by
Gleason Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,608
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 1997
Sold by
Frohlich Dorothy A and Kelly William F
Bought by
Gleason Michael E and Oneill Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
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
Setbacken Jeremy M $489,950 Tg
Beckwith John $492,200 Tg
Gleason Michael E -- Tg
Gleason Michael E $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckwith John $336,000
Previous Owner Beckwith John $108,608
Previous Owner Gleason Michael E $375,000
Previous Owner Gleason Michael E $150,000
Previous Owner Gleason Michael E $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $489,950 -10.8% $99 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $549,000 -- $111 / 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 $0 $100 $100 --
2024 $0 $100 $100 --
2022 $0 $100 $100 $0
2021 $0 $100 $100 $0
2020 $0 $100 $100 $0
2019 $0 $100 $100 $0
2018 $6,298 $567,400 $166,300 $401,100
2017 $2,296 $493,400 $151,000 $342,400
2016 $4,876 $485,200 $151,000 $334,200
2015 -- $389,600 $136,300 $253,300
2014 -- $474,600 $174,500 $300,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 602896

Hawaii Information Service (MLS Hawaii)

APN: 3-1-4-025-013-0000