NOT LISTED FOR SALE

15-1026 Ala Heiau Rd Keaau, HI 96749

Estimated Value: $712,000

3 Beds
3 Baths
1,584 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $630,000 $398 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,321/month

7 Days on Market

Highlights

  • Ocean View
  • High Ceiling
  • Level Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Grass Covered Lot

About This Home

As of October 2021

Across the street from the ocean facing a stand of ironwood trees and the bright blue Pacific is a property with a presence that achieves your attention and provides a unique opportunity to own an operating short term vacation rental with incredible ocean views. Enjoy morning coffee or an evening glass of wine from the oversized lanai situated perfectly to feel the ocean breezes and watch the whales at play. Certified by County of Hawaii as a STVR, the home comes fully furnished with everything needed to run and maintain a successful vacation rental, including existing bookings. It has a stellar rental history with 5 star reviews and is often booked months in advance. Initial assessment and inspection has already been completed by Vacasa management for an ownership experience that's hands off and worry free.

Solar panels on house provide power to HELCO via Net Energy Metering Agreement and monthly electric charge is the minimum $26.25 per month from HELCO. New upgraded UV water filtration system, pressure tank, and water pump installed in May 2021. New large capacity washing machine installed May 2021. New vinyl garage door and opener installed August 2021.

A short walk to ocean front Hui Hanalike Park and home to some of the best weather on the planet, oceanside HPP has far more sun / less rain than higher elevations. A fully furnished and functional certified vacation rental in a location like this, with views like these, is very rare indeed- here's the chance to own one while you can.

Last Agent to Sell the Property

Evan Cole Clarke

Hawaii Life Brokerage Phone: 8083452197 License #RS-65748 Listed on: 08/10/2021

Hawaii Life

Last Buyer's Agent

Jaime Luster

eXp Realty License #RS-75855

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,971

Year Built

  • Built in 2004

Lot Details

  • Level Lot
  • Grass Covered Lot
  • Property is zoned A-1A

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Forest

Interior Spaces

  • 1,584 Sq Ft Home
  • High Ceiling
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Electric Water Heater
  • Septic Tank
  • 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 7 / 11
  • Assessor Parcel Number 3150320200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,971

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: Almost Oceanfront
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8083452197
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAWAIIAN PARADISE PARK
  • Reso Interior Features: High Ceilings
  • Living Area: 1584.0
  • Property Attached Yn: No
  • Year Built: 2004
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 624
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Topography: Level
  • View: Forest, Ocean, Ocean Horizon
  • Waterfront: No
  • Exterior Features: Lighting
  • Roads: Graded

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3150320200000

Tax Info

  • Tax Annual Amount: 4971.0
  • Tax Block: 11
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 8, 2021
Sold by
Zimmerman Michael E and Chambers Terry J
Bought by
Burr Deborah Lynn and Ganthner Kevin Charles
Seller's Agent
Evan Cole Clarke
Hawaii Life
Buyer's Agent
Jaime Luster
eXp Realty
List Price
$615,000
Sold Price
$630,000
Premium/Discount to List
$15,000
2.44%
Current Estimated Value
$712,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,000
Avg. Annual Appreciation
3.11%
Original Mortgage
$472,000
Outstanding Balance
$430,420
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$281,580

Purchase Details

Closed on
Feb 27, 2013
Sold by
Zimmerman Michael Eugene and Chambers Terry Jean
Bought by
Zimmerman Michael E and Chambers Terry J

Purchase Details

Closed on
Nov 23, 2009
Sold by
Erickson John Warren and Erickson Vicki Lynn
Bought by
Zimmerman Michael Eugene and Chambers Terry Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Daff Charles W and Manville Shannon Kathleen
Bought by
Erickson John and Erickson Vicki
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
Burr Deborah Lynn $60,000 Fam
Zimmerman Michael E -- None Available
Zimmerman Michael Eugene $350,000 Fam
Erickson John $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burr Deborah Lynn $472,000
Previous Owner Zimmerman Michael Eugene $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Off Market $630,000 -- --
10/19/2021 10/19/21 Sold $630,000 +2.4% $398 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $615,000 -- $388 / 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 $6,555 $637,800 $207,600 $430,200
2024 $6,555 $590,500 $180,900 $409,600
2023 $5,901 $531,600 $150,700 $380,900
2022 $5,624 $506,700 $125,800 $380,900
2021 $4,972 $447,900 $116,400 $331,500
2020 $4,820 $434,200 $109,200 $325,000
2019 $4,412 $397,500 $109,200 $288,300
2018 $3,572 $382,000 $104,200 $277,800
2017 $3,027 $323,700 $80,200 $243,500
2016 $3,028 $327,300 $87,200 $240,100
2015 -- $331,900 $87,200 $244,700
2014 -- $324,700 $80,900 $243,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 652860

Hawaii Information Service (MLS Hawaii)

APN: 3-1-5-032-020-0000