NOT LISTED FOR SALE

15-2694 Welea St Pahoa, HI 96778

Estimated Value: $409,000 - $489,000

3 Beds
3 Baths
1,870 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $245,000 $131 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,472/month

9 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Attached Garage
  • In Ground Pool
  • Skylights
  • Interior Lot

About This Home

As of October 2019

Multiple offer situation. Deadline for email submission of final offers is 5pm Thursday, September 12th.

Bank owned, foreclosure property near the ocean in Hawaiian Beaches Subdivision. This 2 level home with in ground pool has a large wraparound lanai with great ocean views. Ground level of the home has a bathroom and wetbar facing the pool, making for a great entertainment area. Upstairs the vaulted ceilings and large lanai help to maximize the cool ocean breeze and views. The master bedroom has an en suite bathroom, and all 3 upstairs bedrooms have sliding glass door access to the full wraparound lanai with exterior staircase down to the pool area. Electricity is connected via Hawaii Electric, private water system via Hawaiian Beaches Water Company. The property needs work and repairs, buyer responsible for performing due diligence on all matters.

Contact realtor with day and 1 hour time range for viewing appointment, 1 - 2 days notice is preferred and realtor must be present.

This property is in lava zone 2. Bank owned property sold As Is, buyer and buyers agent responsible for all due diligence. Buyers are advised to hire professionals to investigate all aspects of the property - no warranties from seller or sellers agent.

Please include As Is addendum along with proof of funds or prequal letter from lender with all offers. See attached information in addenda section or contact realtor. All information is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Kelly Moran

Hilo Brokers Ltd Brokerage Phone: 8089385757 License #RB-14603 Listed on: 09/04/2019

Last Buyer's Agent

Stefanie Schomaker

eXp Realty License #RS-66328

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1992

Lot Details

  • Property fronts a county road
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned A-1A

Parking

  • Attached Garage

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Track Lighting
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Vinyl Pool

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Phone Available

Community Details

  • Hawaiian Beaches Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 56
  • Assessor Parcel Number 3150870280000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Wood
  • ResoLotFeatures: Grassy, Interior Lot
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089385757
  • Co List Office Phone: 8089699400
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAWAIIAN BEACHES SUBDIVISION
  • Reso Interior Features: High Ceilings, Skylights, Track Lightning, Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 1870.0
  • Property Attached Yn: No
  • Year Built: 1992
  • Tax Year: 2018
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: HIS Sunrise, Ocean, Ocean Horizon
  • Pool Features: In Ground, Outdoor Pool, Vinyl
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3150870280000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1269.0
  • Tax Block: 56
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2013
Sold by
Heffernan William A
Bought by
Franklin Gregory Stuart and Franklin Patricia Ann
Current Estimated Value
$450,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,200
Outstanding Balance
$165,742
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$285,004

Purchase Details

Closed on
Feb 17, 2010
Sold by
Vandyke Felix and Vandyke Tai
Bought by
Heffernan William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Kabushikikaisha Greenpia Resort
Bought by
Vandyke Felix and Vandyke Tai

Purchase Details

Closed on
Sep 9, 2008
Sold by
Ishihara Hidetsuna
Bought by
Kabushikikaisha Greenpia Resort

Purchase Details

Closed on
Jan 8, 1997
Sold by
Tok Corp
Bought by
Ishihara Hidetsuna

Purchase Details

Closed on
Dec 20, 1996
Sold by
Karpik Leonard B and Karpik Jerrye G
Bought by
Tok Corp
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
Franklin Gregory Stuart $286,500 Fam
Heffernan William A $307,000 Fam
Vandyke Felix $80,000 Tg
Kabushikikaisha Greenpia Resort $19,000 Tg
Ishihara Hidetsuna $100,000 Security Title Corporation
Tok Corp $35,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Gregory Stuart $229,200
Previous Owner Heffernan William A $245,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $245,000 +14.0% $131 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $215,000 -- $115 / 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 $986 $348,600 $55,400 $293,200
2024 $986 $338,400 $55,400 $283,000
2023 $1,063 $328,500 $55,400 $273,100
2022 $1,077 $318,900 $55,400 $263,500
2021 $1,031 $309,600 $55,400 $254,200
2020 $997 $302,600 $53,400 $249,200
2019 $3,134 $282,300 $48,600 $233,700
2018 $3,047 $274,500 $39,100 $235,400
2017 $2,645 $238,300 $32,400 $205,900
2016 $2,339 $232,700 $30,500 $202,200
2015 -- $260,300 $87,800 $172,500
2014 -- $285,100 $82,600 $202,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 630003

Hawaii Information Service (MLS Hawaii)

APN: 3-1-5-087-025-0000