NOT LISTED FOR SALE

15-815 Paradise Ala Kai Dr Keaau, HI 96749

Estimated Value: $1,212,000 - $1,431,000

3 Beds
3.5 Baths
2,366 Sq Ft
$550/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $759,000 $321 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,136/month

207 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Built-In Features
  • Waterfront
  • Attached Garage
  • Property is Fully Fenced

About This Home

As of September 2020

Both the main house and the guest cottage are highly successful vacation rentals. Owner has the approved special Short Term Vacation Rental Permit from the County of Hawaii in hand so that this property can continue to be used as a vacation rental as permit is transferred to new owner! These permits are a valuable commodity as no new vacation rentals are allowed in the County, only existing properties that have applied for & met special use permit requirements. So come and relax and enjoy beautiful unobstructed Pacific Ocean views from one of the few ocean front homes currently available in Hawaiian Paradise Park. Situated on almost half an acre, this property gives owners many options with 2 bedrooms and 2 bathrooms in the approximately 1700 sq.ft. main house and separate private guest cottage with one full bath and half bath and kitchenette. Owners can live in one and rent the other or perhaps choose to continue the successful short-term vacation rental program this property boasts. The main house features quality finishes throughout, including lovely tiled flooring in main living area, solid Brazilian Cherry flooring on stairs and in upper level, custom lime stone tiled bathrooms, slab granite counter tops including bathroom vanities, solid wood interior doors and much more. With access to the two large tiled lanais on both levels, one can take in the expansive views while relaxing with warm ocean breezes and the sound of the waves from every room of the house. The guest cottage is also very well appointed with fine finishes throughout and two tiled lanais as well. Both homes are completed with their own private attached garages and full washer and dryer. Quality construction includes a fully owned Photo Voltaic system and water well. This wonderful property is offered with some furnishings, linens and kitchenware per inventory list.

Last Agent to Sell the Property

Lisa Heaviside

Hawaii Life Brokerage Phone: 8089873791 License #RS-62736 Listed on: 12/20/2019

Hawaii Life

Last Buyer's Agent

Byron Matthews

The Hawaii Land Realty Corp License #RB-21186

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 2014

Lot Details

  • Waterfront
  • Property fronts a private road
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned A-1A

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Stacked Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank
  • Internet Available
  • 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 467 / 10
  • Assessor Parcel Number 3150590550000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,950

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Full
  • Attribution Contact: 8089873791
  • Co List Office Phone: 8086574292
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAWAIIAN PARADISE PARK
  • Reso Interior Features: Built-in Features
  • Unit Levels: Two
  • Living Area: 2366.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2014
  • Tax Year: 2019
  • HIS_PoolYN: No
  • Unit Description: Multi-Story
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL, Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 3

Exterior Features

  • Topography: Fairly Level
  • View: HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon
  • Waterfront: Yes
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: None
  • Heating: None
  • 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: 3150590550000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2950.0
  • Tax Block: 10
  • Tax Lot: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Aug 24, 2020
Sold by
Lavasseur Anne Rene
Bought by
Thomas Ryan M and Taylor Janice A
Seller's Agent
Lisa Heaviside
Hawaii Life
Buyer's Agent
Byron Matthews
The Hawaii Land Realty Corp
List Price
$850,000
Sold Price
$759,000
Premium/Discount to List
-$91,000
-10.71%
Current Estimated Value
$1,301,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,706
Avg. Annual Appreciation
11.42%
Original Mortgage
$645,150
Outstanding Balance
$573,827
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$727,879

Purchase Details

Closed on
Mar 16, 1999
Sold by
Montera Castle Larry Neil and Montera Castle Erlinda
Bought by
Lavasseur Anne Rene

Purchase Details

Closed on
Nov 18, 1998
Sold by
Frantzman Ira and Frantzman Perry
Bought by
Montera Castle Larry Neil and Montera Castle Erlinda
Source: Public Records

Range of Values:

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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
Thomas Ryan M $759,000 Fam
Lavasseur Anne Rene $69,000 --
Montera Castle Larry Neil $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Ryan M $645,150
Previous Owner Lavasseur Anne Rene $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Off Market $759,000 -- --
11/30/2020 11/30/20 Off Market $759,000 -- --
09/01/2020 09/01/20 Sold $759,000 -10.7% $321 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $850,000 -- $359 / 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 $12,519 $1,185,200 $393,000 $792,200
2024 $12,519 $1,127,800 $385,000 $742,800
2023 $11,843 $1,066,900 $376,000 $690,900
2022 $10,382 $935,300 $244,400 $690,900
2021 $8,640 $778,400 $211,500 $566,900
2020 $8,309 $748,600 $211,500 $537,100
2019 $2,950 $639,700 $211,500 $428,200
2018 $2,871 $626,800 $225,600 $401,200
2017 $2,758 $608,500 $237,800 $370,700
2016 $1,860 $462,500 $237,800 $224,700
2015 -- $450,700 $225,600 $225,100
2014 -- $197,400 $197,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 635131

Hawaii Information Service (MLS Hawaii)

APN: 3-1-5-059-055-0000