NOT LISTED FOR SALE

Makahuena at Poipu 1661 Pee Rd Unit III103 Koloa, HI 96756

Estimated Value: $1,193,319 - $1,495,000

2 Beds
2 Baths
1,215 Sq Ft
$1,193/mo HOA Fee

Last Sold November 25, 2020

Last sale price $945,000 $778 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,675/month

Highlights

  • Ocean Front
  • Ground Level Unit
  • Carpet
  • Koloa Elementary School Rated A-

About This Home

As of November 2020

Beautiful and inviting Makahuena ground floor unit with breathtaking oceanfront views. The ideal unit perfectly situated to capture cooling trade winds and east facing for stunning views of south shore sunrises, enjoy the coastline from your lanai. Renovated and well-kept as a very successful vacation rental, making this the perfect opportunity to make the most of your investment and indulge in your home away from home.

Upgraded lighting fixtures, and high quality accent decor create for an upscale feel throughout.
Living Room is furnished with flat screen TV.
Guest Bedroom has 1 queen bed, Master Bedroom has 1 King bed. Cable and internet included in HOA.

This is a rare find and truly a must-see!
Unit is actively being rented as vacation rental, showings will be done when unit is vacant.

Last Agent to Sell the Property

Kristen Cummings Smith

Destination Kauai LLC Brokerage Phone: 8083467509 License #RS-81812 Listed on: 11/05/2020

Last Buyer's Agent

Reba Roy

Corcoran Pacific Properties License #RB-23783

Corcoran Pacific Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,618

Year Built

  • Built in 1979

Lot Details

  • 4.61

HOA Fees

  • $1,193 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,215 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Ocean Front
  • Ground Level Unit

Community Details

  • Makahuena Community
  • Weliweli Heights Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280200030073

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,618

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,193 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WELIWELI HEIGHTS
  • Living Area: 1215.0
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Ground Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: Ocean
  • Waterfront: Yes
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1192.54
  • Association Fee Frequency: Monthly
  • Project: MAKAHUENA

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280200030073
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9618.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Nov 17, 2020
Sold by
Lobete Donald and Lobete Veronica Jean
Bought by
Fuchs Donald Lawrence and Fuchs Seemona Rosenthal
Seller's Agent
Kristen Cummings Smith
Destination Kauai LLC
Buyer's Agent
Reba Roy
Corcoran Pacific Properties
List Price
$995,000
Sold Price
$945,000
Premium/Discount to List
-$50,000
-5.03%
Current Estimated Value
$1,359,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,330
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Aug 19, 2019
Sold by
Lobete Donald and Lobete Veronica
Bought by
Lobete Donald and Lobete Veronica

Purchase Details

Closed on
Dec 19, 2014
Sold by
Fischer Gerald Duane and Fischer Karane Lee
Bought by
Lobete Donald and Lobete Veronica Jean

Purchase Details

Closed on
Oct 17, 2003
Sold by
Fischer Gerald Duane and Fischer Karanelee
Bought by
Fischer Gerald Duane and Fischer Karane Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Coastal Development Company Llc
Bought by
Fischer Gerald Duane and Fischer Karane Lee

Purchase Details

Closed on
Apr 19, 2000
Sold by
Fischer Gerald Duane and Fischer Karane Lee
Bought by
Coastal Development Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fuchs Donald Lawrence $945,000 Tg
Lobete Donald -- None Available
Lobete Donald $620,000 Tg
Fischer Gerald Duane -- --
Fischer Gerald Duane $1,000 --
Coastal Development Company Llc $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fischer Gerald Duane $179,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $945,000 -5.0% $778 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $995,000 -- $819 / 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 $16,066 $1,299,200 -- $1,299,200
2024 $16,066 $1,405,600 -- $1,405,600
2023 $13,476 $1,368,100 $0 $1,368,100
2022 $10,608 $1,077,000 $0 $0
2021 $9,626 $977,300 $0 $0
2020 $9,619 $976,500 $0 $976,500
2019 $8,483 $861,200 $0 $861,200
2018 $7,222 $781,100 $0 $781,100
2017 $7,222 $816,000 $0 $816,000
2016 $6,314 $713,400 $0 $713,400
2015 $3,231 $730,100 $0 $0
2014 $4,340 $662,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 643635

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-020-003-0073