NOT LISTED FOR SALE

1565 Pe'E Rd Unit 225 Koloa, HI 96756

Koloa Area

Estimated Value: $1,431,000 - $1,483,000

2 Beds
2 Baths
1,371 Sq Ft
1979 Built

Sale Details

Date Sold: December 2, 2020

Last sale price $705,000 $514 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $10,519 / mo

401 Days on Market

About This Home

As of December 2020

This is a very successful turn-key vacation rental property, with ocean vistas. Short walks to Shipwrecks Beach, Grant Hyatt, and Poipu Beach Park The property is a very desirable rental due to location immediately adjacent to Grand Hyatt conference facilities.
This is a two-level unit in Building 2 on the second and third (top) floors (no one above). The high vaulted ceilings in the upstairs master suite provide for an open and airy floor plan. The kitchen includes new appliances and cabinets. The condo was just freshly painted.There are two separate lanais that provide a front row seat to beautiful sunrises and views to the ocean. Building 2 is very close to the newly refurbished Poipu Sands swimming pool and gas barbecue grills. Short walks to Shipwrecks Beach, Grant Hyatt, and Poipu Beach Park. Poipu Sands is part of the larger Poipu Kai Resort area. There are green belts, tennis courts and swimming pools.

Last Agent to Sell the Property

Mark Goodman

Aloha Sotheby's Intl Realty - Kaua'i Brokerage Phone: 8086515466 License #RS-74555 Listed on: 09/12/2019

Last Buyer's Agent

Yvonne Summerfield

RE/MAX Honolulu - Kauai License #RB-20090

RE/MAX Honolulu - Kauai

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 1979

HOA Fees

  • $1,306 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,371 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Underground Utilities

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280200080025

Community Details

Overview

  • Poipu Sands Community
  • Weliweli Heights Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,424

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

HOA Fees

$1,306 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WELIWELI HEIGHTS
  • Living Area: 1371.0
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1306.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: POIPU SANDS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280200080025

Tax Info

  • Tax Annual Amount: 6424.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
Mark Goodman
Aloha Sotheby's Intl Realty - Kaua'i
Buyer's Agent
Yvonne Summerfield
RE/MAX Honolulu - Kauai
List Price
$739,000
Sold Price
$705,000
Premium/Discount to List
-$34,000
-4.6%
Current Estimated Value
$1,458,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,897
Avg. Annual Appreciation
13.53%
Original Mortgage
$528,750
Outstanding Balance
$460,749
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$998,148

Purchase Details

Closed on
Oct 27, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Koloa, HI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$705,000 Or
$655,000 Tg
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $528,750
Previous Owner $249,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Off Market $705,000 -- --
03/02/2021 03/02/21 Off Market $705,000 -- --
12/02/2020 12/02/20 Sold $705,000 -4.6% $514 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $739,000 -- $539 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,522 $1,331,000 $1,331,000
2025 $14,522 $1,274,200 $1,274,200
2024 $14,065 $1,235,300 $1,235,300
2023 $9,822 $997,200 $0 $997,200
2022 $8,177 $830,200 $0 $0
2021 $6,854 $695,800 $0 $0
2020 $6,841 $694,500 $0 $694,500
2019 $6,789 $689,200 $0 $689,200
2018 $6,062 $652,200 $75,700 $576,500
2017 $6,062 $777,100 $0 $777,100
2016 $6,343 $716,700 $16,700 $700,000
2015 $3,171 $795,500 $0 $0
2014 $4,272 $666,300 $0 $0
Source: Public Records

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 632316

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-020-008-0025

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