NOT LISTED FOR SALE

Makahuena at Poipu 1661 Pee Rd Unit IIC103 Koloa, HI 96756

Estimated Value: $874,778 - $929,000

2 Beds
2 Baths
1,145 Sq Ft
$1,092/mo HOA Fee

Last Sold November 09, 2020

Last sale price $500,000 $437 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,202/month

148 Days on Market

Highlights

  • Pool and Spa
  • Waterfront
  • Ceramic Tile Flooring
  • Koloa Elementary School Rated A-
  • Garden View
  • Stacked Washer and Dryer

About This Home

As of November 2020

Massive price drop! At $500,000 this is your opportunity to own property in Poipu! Enjoy relaxing tropical surroundings and Kauai's island lifestyle in this attractively priced 2 bedroom/2 bathroom, first floor condo in Makahuena! This coastline condo in sunny Poipu is only a 3 minute drive or 12 minute walk from the popular Poipu Beach park. Shopping at The Shops at Kukui’ula, dining at the Hyatt’s Tidepools Restaurant or golfing at Poipu Bay Golf Course are all within a 5 minute drive from Makahuena.

The meticulously maintained condo is a single level, garden view unit with a large lanai extending from the living room to the master bedroom. The spacious 1,145 sf living area is perfect for comfortably entertaining family and guests. In addition to updated flooring in the kitchen and master bedroom, the condo features floor unit A/C in each of the bedrooms, new refrigerator, stackable washer & dryer, a high-end wine cooler, and new louvered windows in both kitchen and guest bedroom. Unit will be sold fully furnished.

In addition to a coveted quiet and cool location within the Makahuena complex, this unit offers convenient access to all the resort amenities, including the newly upgraded salt-water pool, jacuzzi, tennis courts, parking area and outdoor grilling stations. Residents at Makahuena include owners, as well as long term and short term tenants. An onsite management company is available for short term tenants, as well as offsite management companies.

During this Covid-19 season, personal "walk and talk" videos are available.

Last Agent to Sell the Property

Tim Mira

Corcoran Pacific Properties Brokerage Phone: 8086392263 License #RB-21130 Listed on: 04/08/2020

Corcoran Pacific Properties

Last Buyer's Agent

Roberta Charles

Coldwell Banker Island Properties - Kauai License #RB-14538

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,541

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • Property fronts a county road

HOA Fees

  • $1,092 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,145 Sq Ft Home
  • Garden Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Pool and Spa
  • In Ground Pool

Utilities

  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4280200030053

Community Details

Overview

  • Makahuena Community
  • Weliweli Heights Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,541

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,092 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WELIWELI HEIGHTS
  • Living Area: 1145.0
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer Stacked, Wine Cooler
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Laminate

Exterior Features

  • View: Garden
  • Pool Features: In Ground, Pool/Spa Combo
  • Waterfront: Yes
  • Exterior Features: Tennis Court(s)
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1092.0
  • Association Fee Frequency: Monthly
  • Project: MAKAHUENA

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280200030053
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2541.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Oct 28, 2020
Sold by
Larsen Darin L and Larsen Jodi S
Bought by
Maccomb Douglas Charles and Moody Macomb Carol
Seller's Agent
Tim Mira
Corcoran Pacific Properties
Buyer's Agent
Roberta Charles
Coldwell Banker Island Properties - Kauai
List Price
$585,000
Sold Price
$500,000
Premium/Discount to List
-$85,000
-14.53%
Current Estimated Value
$899,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,695
Avg. Annual Appreciation
12.16%
Original Mortgage
$375,000
Outstanding Balance
$334,295
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$565,400

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 4, 2018
Sold by
Muth Eric A and Muth Marilyn L
Bought by
Larsen Darin L and Larsen Jodi S
Seller's Agent
Evelyn Basnillo
Discover Kauai Properties, LLC
Buyer's Agent
Brenna Harrington
COMPASS
List Price
$525,000
Sold Price
$517,000
Premium/Discount to List
-$8,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.73%
Original Mortgage
$491,150
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2014
Sold by
Muth Hanns Peter and Muth Marilyn L
Bought by
Muth Hanns Peter and Muth Marilyn L

Purchase Details

Closed on
Nov 18, 2005
Sold by
Meru Capital Management Llc
Bought by
Muth Eric A and Muth Hanns Peter

Purchase Details

Closed on
Jul 17, 2003
Sold by
Carpenter Ronald L and Carpenter Beverly
Bought by
Meru Capital Management Llc

Purchase Details

Closed on
Apr 17, 2001
Sold by
Delgado Stefan Lonnie Eugene and Delgado Stefan Carmen
Bought by
Carpentier Ronald L and Carpentier Beverly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maccomb Douglas Charles $500,000 Tg
Larsen Darin L $517,000 Or
Muth Hanns Peter -- None Available
Muth Eric A $527,000 Tg
Meru Capital Management Llc $287,000 --
Carpentier Ronald L $165,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maccomb Douglas Charles $375,000
Previous Owner Larsen Darin L $491,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Off Market $500,000 -- --
10/12/2024 10/12/24 Off Market $500,000 -- --
02/07/2021 02/07/21 Off Market $500,000 -- --
11/09/2020 11/09/20 Sold $500,000 -14.5% $437 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $585,000 +13.2% $511 / Sq Ft
03/11/2019 03/11/19 Off Market $517,000 -- --
12/11/2018 12/11/18 Sold $517,000 -1.5% $452 / Sq Ft View Prior Sale
10/16/2018 10/16/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $525,000 -- $459 / 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 $4,582 $868,900 -- $868,900
2024 $4,582 $840,700 -- $840,700
2023 $3,596 $659,700 $0 $659,700
2022 $3,596 $594,300 $0 $0
2021 $3,151 $520,900 $0 $0
2020 $1,072 $511,400 $0 $511,400
2019 $2,542 $420,100 $0 $420,100
2018 $2,245 $386,500 $0 $386,500
2017 $2,245 $371,100 $0 $371,100
2016 $4,006 $331,100 $0 $331,100
2015 $1,016 $335,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 637508

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-020-003-0053