$792,000
SOLD FEB 1, 2021

1565 Pee Rd Unit 425 Koloa, HI 96756

Poipu Neighborhood
2 Beds
2 Baths
1,371 Sq Ft
$1,148/mo HOA Fee

Recently Sold

$578 Per Sq Ft

7% Below List Price

156 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Jogging Path
  • Ocean View
  • Cathedral Ceiling
  • Security Guard

About This Home

As of February 2024

Hear the sound of crashing waves 600' nearby (as the Minor Bird's and Doves fly) while enjoying beautiful Ocean Views from your 2nd or 3rd floor private Lanai (patio/decks totaling 354 SF). Spacious and well appointed, the 1,371 SF living area of this two bedroom, two bath Resort Condo has it all! Click on the 360 Tour (film clip icon) to see for yourself. Fully furnished as a turn key vacation rental... or MOVE IN READY to start living the dream!!! Renovations include Granite countertops (Kitchen & Baths), updated tile flooring and carpets though out, Stainless Steel appliances, Teak cabinetry, and a few colorful accent walls. Climate controlled bedrooms (by Free Standing AC) peaceful 3rd floor master suite. Total combined HOA fee currently $1148 per month includes: Homeowner's insurance for Building Fire, Flood and Hurricane, Water, Sewer, Trash, TV Cable, Security Patrol, Maintenance for Structures, Parking, Grounds, and Pool, as well as Reserve funding for future maintenance projects. Current Property Tax rate is just under 1% of assessed value for vacation rental usage. Substantially lower property tax rates are available for full time owner occupancy.

With the only Heated Pool in Poipu Kai's 70 acre Resort Community, Poipu Sands is a FAVORITE among returning visitors to the South Shore of the Garden Island of Kauai. Other amenities include additional Resort Pool with Spa, Gas/Electric BBQ Grills, Tennis Courts, extensive Greenbelt walking paths from Brennecke's Beach to Shipwrecks Beach (click on aerial video link), and 24 hour security patrol. Kalapaki Joe's Restaurant located in Poipu Kai Resort is open for breakfast, lunch and dinner (with a great Happy Hour) for dine in or take out! Brennecke's Restaurant is just down the Greenbelt path in front of Poipu Beach Park.

Rental statements available upon request.

Last Agent to Sell the Property

Brenda Crawford

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8086518234 License #RB-15612 Listed on: 07/20/2020

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Kymry Perez

RE/MAX Honolulu - Kauai License #RB-22674

RE/MAX Honolulu - Kauai

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,498

Year Built

  • Built in 1979

Lot Details

  • Beach Front
  • Property fronts a private road
  • Landscaped
  • Grass Covered Lot

HOA Fees

  • $1,148 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Split Level Home
  • Double Stud Wall

Interior Spaces

  • 1,371 Sq Ft Home
  • Cathedral Ceiling
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool

Location

  • Interior Unit

Utilities

  • Mini Split Air Conditioners
  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280200080055

Community Details

Overview

  • Poipu Sands Community
  • Weliweli Heights Subdivision

Recreation

  • Jogging Path
  • Tennis Courts

Additional Features

  • Public Restrooms
  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,498

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,148 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Walking/Jogging Path
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
  • ResoLotFeatures: Grassy, Landscaped
  • ResoSecurityFeatures: Security Patrol
  • Attribution Contact: 8086518234
  • Co List Office Phone: 8087427561
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WELIWELI HEIGHTS
  • Reso Interior Features: Cathedral Ceilings, High Ceilings, Public Restroom, Vaulted Ceilings
  • Living Area: 1371.0
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: Inside Unit, Townhouse, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 354
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, HIS Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 2
  • Design: Double Wall, Split Level

Exterior Features

  • Topography: Fairly Level
  • View: HIS Coastline, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, Heated, In Ground
  • Waterfront: No
  • Exterior Features: Tennis Court(s)
  • Roads: Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash, HIS Individual Cooling
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1147.53
  • Association Fee Frequency: Monthly
  • Project: POIPU SANDS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280200080055
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6498.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Feb 5, 2024
Sold by
Farmer Roy A and Farmer Renee E
Bought by
Farmer Family 2010 Trust and Farmer
Seller's Agent
Kymry Perez
RE/MAX Honolulu - Kauai
Buyer's Agent
Michelle Biete
Charlee & Associates, Ltd.
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Views
87
Current Estimated Value
$1,403,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,910
Avg. Annual Appreciation
11.03%

Purchase Details

Listed on
Oct 31, 2023
Closed on
Feb 3, 2024
Sold by
Ranger Sheri and Ranger George
Bought by
Farmer Roy A and Farmer Renee E
Seller's Agent
Kymry Perez
RE/MAX Honolulu - Kauai
Buyer's Agent
Michelle Biete
Charlee & Associates, Ltd.
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Views
87

Purchase Details

Listed on
Jul 20, 2020
Closed on
Jan 11, 2021
Sold by
Acquavella Michelle Clark
Bought by
Ranger Sheri
Seller's Agent
Brenda Crawford
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Kymry Perez
RE/MAX Honolulu - Kauai
List Price
$849,000
Sold Price
$792,000
Premium/Discount to List
-$57,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%

Purchase Details

Closed on
Dec 19, 2018
Sold by
Wilcox William C and Wilcox Lyn A
Bought by
Acquavella Michelle Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2003
Sold by
Wilcox William C and Wilcox Lyn A
Bought by
Wilcox William C and Wilcox Lyn A

Purchase Details

Closed on
Dec 1, 2001
Sold by
Mclaughlin Smith Donald Lee and Mclaughlin Smith Patricia
Bought by
Wilcox William C and Wilcox Lyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1999
Sold by
Edsall Richard Borchard and Edsall Marilyn Rose
Bought by
Mclaughlin Smith Donald Lee and Mclaughlin Smith Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Quit Claim Deed -- Tge
Warranty Deed -- Tge
Deed $792,000 Tg
Deed -- Tg
Interfamily Deed Transfer -- --
Deed $470,000 --
Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $577,500 Adjustable Rate Mortgage/ARM
Previous Owner $227,000 Purchase Money Mortgage
Previous Owner $206,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Off Market $792,000 -- --
09/24/2024 09/24/24 Off Market $1,200,000 -- --
04/28/2024 04/28/24 Off Market $1,200,000 -- --
04/07/2024 04/07/24 Off Market $1,200,000 -- --
02/09/2024 02/09/24 Sold $1,200,000 -7.3% $875 / Sq Ft
10/27/2023 10/27/23 For Sale $1,295,000 +63.5% $945 / Sq Ft
05/03/2021 05/03/21 Off Market $792,000 -- --
02/01/2021 02/01/21 Sold $792,000 -6.7% $578 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $849,000 -- $619 / 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 $13,836 $1,221,500 -- $1,221,500
2024 $13,836 $1,215,800 -- $1,215,800
2023 $8,953 $908,900 $0 $908,900
2022 $7,835 $795,400 $0 $0
2021 $6,513 $661,200 $0 $0
2020 $6,498 $659,700 $0 $659,700
2019 $6,383 $648,000 $0 $648,000
2018 $5,880 $606,600 $75,700 $530,900
2017 $5,880 $696,000 $0 $696,000
2016 $6,307 $712,600 $12,600 $700,000
2015 $3,153 $774,400 $0 $0
2014 $4,272 $646,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 640659

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-020-008-0055