NOT LISTED FOR SALE

15-1011 Ala Heiau Rd Keaau, HI 96749

Estimated Value: $1,118,000 - $1,811,000

3 Beds
2 Baths
2,078 Sq Ft
$703/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $1,688,888 $813 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,735/month

141 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Attached Garage

About This Home

As of November 2022

Legal Vacation Rental with STVR license that has recently been renewed for another year.

Hawai'i Island. Oceanfront. Half-acre property in a residential neighborhood and a 3/2 home that comes with a transferable active Short Term Vacation Rental (STVR) permit and months' worth of bookings already secured! Unobstructed views of the sunrise over the Pacific, the cliffs of Kaloli point, and whales breaching (in season) complement the mature landscaping which includes the 38 foot lap pool, 6 person hot tub, sculpture gardens and rock wall, oceanfront in Lava Zone 3.

The oversized upstairs master bedroom suite featuring a spacious tiled shower, large walk-in closet and private oceanfront lanai can be accessed by both inside and outside staircases, creating flexible living spaces. The two downstairs bedrooms, plus an additional office/bonus room, are on the opposite side of the house for privacy; all access their own ocean and pool front lanais. A spacious laundry room and attached 2 car garage offer additional storage. Kitchen and full downstairs bathroom feature slate tile flooring and granite counters. Home is equipped with Honeywell alarm system and exterior cameras for security monitoring.

3D Tour:

Last Agent to Sell the Property

Katie Minkus

Real Broker LLC Brokerage Phone: 8084436990 License #RB-19559 Listed on: 05/02/2022

Last Buyer's Agent

Robert Chen

Robert B Chen, Sole Proprietor License #RB-22867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,718

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Property fronts a private road
  • Unpaved Streets
  • Property is zoned A-1A

Parking

  • Attached Garage

Interior Spaces

  • 2,078 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Hawaiian Paradise Park Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Legal Lot and Block 121 / 11
  • Assessor Parcel Number 3150320470000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,718

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8084436990
  • Co List Office Phone: 8087973211
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAWAIIAN PARADISE PARK
  • Unit Levels: Two
  • Living Area: 2078.0
  • Property Attached Yn: No
  • Year Built: 2004
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Multi-Story
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 166
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Electric
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Stories: 2
  • Total Bathrooms: 2

Exterior Features

  • View: Ocean
  • Waterfront: Yes
  • Roads: Paved, Private, Unpaved

Garage/Parking

  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3150320470000

Tax Info

  • Tax Annual Amount: 6718.0
  • Tax Block: 11
  • Tax Lot: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Oct 24, 2022
Sold by
Sandstone Holdings Llc
Bought by
Chang Chian Chung and Chen Kungyi
Seller's Agent
Katie Minkus
Real Broker LLC
Buyer's Agent
Robert Chen
Robert B Chen, Sole Proprietor
List Price
$1,880,000
Sold Price
$1,688,888
Premium/Discount to List
-$191,112
-10.17%
Current Estimated Value
$1,461,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$227,432
Avg. Annual Appreciation
-4.78%
Original Mortgage
$1,002,000
Outstanding Balance
$954,774
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$506,682

Purchase Details

Closed on
Aug 25, 2011
Sold by
Roden Laura
Bought by
Sandstone Holdings L L C

Purchase Details

Closed on
Apr 18, 2005
Sold by
Roden Laura
Bought by
Roden Laura and Laura Roden Living Trust

Purchase Details

Closed on
Dec 12, 2003
Sold by
Greenlaw Daniel George
Bought by
Roden Laura

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
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2000
Sold by
Dinsmore Stanley H
Bought by
Kim Keehong and Kim Seonhye Yook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 1999
Sold by
Dinsmore Stanley Hugh and Dinsmore Dale Shannon
Bought by
Dinsmore Stanley H and Stanley H Dinsmore Trust
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
Chang Chian Chung -- --
Sandstone Holdings L L C -- None Available
Roden Laura -- --
Roden Laura $500,000 --
Kim Keehong $106,000 --
Dinsmore Stanley H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Chian Chung $1,002,000
Previous Owner Roden Laura $325,000
Previous Owner Kim Keehong $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Off Market $1,688,888 -- --
02/02/2023 02/02/23 Off Market $1,688,888 -- --
11/04/2022 11/04/22 Sold $1,688,888 -10.2% $813 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,880,000 -- $905 / 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 $11,753 $1,089,400 $410,500 $678,900
2024 $11,753 $1,058,800 $402,500 $656,300
2023 $11,243 $1,012,900 $402,500 $610,400
2022 $8,062 $726,300 $261,600 $464,700
2021 $6,719 $605,300 $226,400 $378,900
2020 $6,637 $597,900 $226,400 $371,500
2019 $6,700 $1,207,200 $452,800 $754,400
2018 $5,666 $606,000 $241,500 $364,500
2017 $5,381 $575,500 $254,600 $320,900
2016 $5,287 $571,600 $254,600 $317,000
2015 -- $563,700 $241,500 $322,200
2014 -- $534,900 $211,400 $323,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 660480

Hawaii Information Service (MLS Hawaii)

APN: 3-1-5-032-047-0000