NOT LISTED FOR SALE

15-2685 Welea St Pahoa, HI 96778

Estimated Value: $636,467 - $847,000

2 Beds
2 Baths
1,958 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $505,000 $258 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,749/month

About This Home

As of June 2017

Dreaming of a gorgeous oceanfront home with matching views at a great price?! Your dream has come true with this beauty!
Whale watching, spectacular sunrises, and the great expanse of the Pacific all await you at this luxury home on over 9,000 square feet of fee simple land!

Close to shopping, restaurants, and loads of local places to snorkel, swim, walk & hike at, this custom-built home features architecturally-stunning details & spaciousness!
First, two happy honu on a gorgeous hand-carved front door welcome you home! Step inside, you'll find extensive craftsman’s beauty coupled with mesmerizing views of paradise to enjoy every day! The vaulted 18 foot-high ceiling in the great room, 9 foot-high interior walls, windows galore, extra-wide doorways and an open floor plan all add to the spaciousness and provide an ease-filled flow of luxuriousness! The Master & guest baths’ beautifully tiled walk-in showers, cork-plank floors throughout, and the imported Philippine Mahogany trim all add to the extra-special charm of this spacious custom home!
There is even room to add on a 3rd bedroom or office off the master, and the nook OR the formal dining area can actually be considered as possible areas to enlarge your back lanai into!
An over-sized 2 car garage (at over 1,000 square feet) has plenty of space for both storage and a workshop/hobby or exercise area!
Exterior stucco helps to reduce home maintenance~
Not far from Kahakai Park, great for nature walks, and also nearby local tide-pools, a black sand beach & the famous warm ponds, this property is A MUST SEE!
Don’t miss out on the opportunity of a Lifetime!! Your dreams CAN come true here!~

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jun 1, 2017
Sold by
Skifstrom Donald Neal
Bought by
Klingman Joseph and Klingman Cindy
List Price
$520,000
Sold Price
$505,000
Premium/Discount to List
-$15,000
-2.88%
Current Estimated Value
$755,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,867
Avg. Annual Appreciation
4.96%
Original Mortgage
$423,000
Outstanding Balance
$351,365
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Estimated Equity
$404,502

Purchase Details

Closed on
Feb 16, 2016
Sold by
Edwards Diana Lanell
Bought by
Skifstrom Donald Neal

Purchase Details

Closed on
Aug 18, 2015
Sold by
Edwards Diana Lenell and Edwards Diana Lanell
Bought by
Edwards Diana Lenell and Diana Lenell Edwards Revocable Living Tr

Purchase Details

Closed on
Dec 7, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Edwards Diana Lanell and Skifstrom Donald Neal

Purchase Details

Closed on
Apr 27, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 16, 2002
Sold by
Edwards Thomas Jackson and Edwards Claire Edmonde
Bought by
Ramsey Rex Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Klingman Joseph $505,000 Fam
Skifstrom Donald Neal $120,000 None Available
Edwards Diana Lenell -- None Available
Edwards Diana Lanell $243,000 Fam
Hsbc Bank Usa National Association $396,000 None Available
Ramsey Rex Andrew $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klingman Joseph $423,000
Previous Owner Ramsey Rex Andrew $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2017 09/04/17 Off Market $505,000 -- --
06/06/2017 06/06/17 Sold $505,000 -2.9% $258 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
04/05/2016 04/05/16 For Sale $520,000 -- $266 / Sq Ft

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 $8,893 $825,800 $213,500 $612,300
2024 $8,893 $801,200 $213,500 $587,700
2023 $8,227 $741,200 $194,500 $546,700
2022 $7,669 $690,900 $144,200 $546,700
2021 $6,549 $590,000 $138,500 $451,500
2020 $6,187 $557,400 $114,800 $442,600
2019 $6,101 $549,600 $114,800 $434,800
2018 $5,780 $520,700 $104,400 $416,300
2017 $1,531 $428,900 $104,400 $324,500
2016 $1,502 $424,200 $104,400 $319,800
2015 -- $415,500 $138,700 $276,800
2014 -- $527,000 $163,400 $363,600
Source: Public Records

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