NOT LISTED FOR SALE

1568 Pee Rd Unit 521 Koloa, HI 96756

Estimated Value: $1,046,000 - $1,110,341

2 Beds
2 Baths
1,251 Sq Ft
$1,280/mo HOA Fee

Last Sold July 20, 2012

Last sale price $336,000 $269 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $8,125/month

45 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Carpet

About This Home

As of July 2012

Bank Owned REO Condominium in Poipu! Makanui is located in the Poipu Kai Resort. You will love this elegant corner penthouse unit is spacious enough for full time residency yet perfect for a vacation rental!
Enjoy a short walk on landscaped walkways to beaches, surf, golf and a host of resort amenities. Open beam ceilings upstairs in the main bedroom make for a light and airy suite. The unit has an inter laundry area for you located close to the front door so you can drop your beach towels and run to one of your two bathrooms.

Birds-eye view of Mahaulepu Beach.
Fantastic Black Mountain and Ha'upu Mountain vistas .
Beautiful meandering walkways thru the lush landscaping.
Lusciously inviting pool a short walk from the unit.

Last Agent to Sell the Property

Mark Tanaka

Kauai Realty, Inc. Brokerage Phone: 8086390367 License #RB-9222 Listed on: 04/21/2012

Last Buyer's Agent

Fran Aki

Pacific Image Properties License #RS-55040

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1980

Lot Details

  • 0.92

HOA Fees

  • $1,280 Monthly HOA Fees

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,251 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Ocean Views

Kitchen

  • Range with Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Property fronts a county road

Community Details

  • Makanui Community
  • Crestview At Poipu Kai Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280270010013

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,117

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,280 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086390367
  • Co List Office Phone: 8082451651
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: CRESTVIEW AT POIPU KAI
  • Unit Levels: Two
  • Living Area: 1251.0
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Tax Year: 2011
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Range, Range Hood, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • View: Ocean Horizon
  • Pool Features: In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Other
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1280.0
  • Association Fee Frequency: Monthly
  • Project: MAKANUI

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280270010013
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3116.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2019
Sold by
Williams Kenneth H and Williams Carol B
Bought by
Kolhatkar Santosh and Kolhatkar Jayashree
Current Estimated Value
$1,083,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,375
Outstanding Balance
$359,805
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$723,530

Purchase Details

Listed on
Apr 21, 2012
Closed on
Jul 16, 2012
Sold by
First Hawaiian Bank
Bought by
Williams Kenneth H and Williams Carol B
Seller's Agent
Mark Tanaka
Kauai Realty, Inc.
Buyer's Agent
Fran Aki
Pacific Image Properties
List Price
$349,000
Sold Price
$336,000
Premium/Discount to List
-$13,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Stout Robert and Stout Carol Ann
Bought by
First Hawaiian Bank

Purchase Details

Closed on
Mar 9, 2005
Sold by
Exchange Accomodators Inc
Bought by
Stout Robert and Stout Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Nelson Robert J and Nelson Olive E
Bought by
Exchange Accommodators Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.25%
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 Buyer Sale Price Title Company
Kolhatkar Santosh -- Or
Williams Kenneth H $336,000 Tg
First Hawaiian Bank $335,000 Tg
Stout Robert $590,000 Tg
Exchange Accommodators Inc $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolhatkar Santosh $408,375
Previous Owner Exchange Accommodators Inc $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $336,000 -3.7% $269 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $349,000 -- $279 / 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 $11,300 $1,021,900 -- $1,021,900
2024 $11,300 $1,000,000 -- $1,000,000
2023 $5,875 $708,200 $0 $708,200
2022 $5,875 $596,400 $0 $0
2021 $5,350 $543,100 $0 $0
2020 $5,525 $560,900 $0 $560,900
2019 $5,525 $474,600 $0 $474,600
2018 $4,520 $449,000 $0 $449,000
2017 $4,520 $510,700 $0 $510,700
2016 $3,784 $427,600 $0 $427,600
2015 $1,957 $442,300 $0 $0
2014 $3,117 $373,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Tanaka

    Kauai Realty, Inc.

    (808) 639-0367

    90 Total Sales

    Mark Tanaka
    Section Image

  • F

    Buyer's Agent in 2012

    Fran Aki

    Pacific Image Properties

    (808) 635-1881

    3 Total Sales

    Fran Aki
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 253938

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-027-001-0013

Hawaii Kauai County Koloa 96756

1568 Pee Rd Unit 521, Koloa, HI

This home is located at 1568 Pee Rd Unit 521, Koloa, HI 96756 since 21 April 2012 and is currently estimated at $1,083,335, approximately $865 per square foot. This property was built in 1980. 1568 Pee Rd Unit 521 is a home located in Kauai County with nearby schools including Koloa Elementary School, Chiefess Kamakahelei Middle School, and Kauai High School.

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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