NOT LISTED FOR SALE

1831 Poipu Rd Unit 420 Koloa, HI 96756

Estimated Value: $1,329,000 - $1,413,330

3 Beds
2.5 Baths
1,438 Sq Ft
$570/mo HOA Fee

Last Sold October 01, 2015

Last sale price $318,000 $221 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $8,915/month

55 Days on Market

Highlights

  • Penthouse
  • End Unit
  • Carpet
  • Mountain View
  • Level Lot

About This Home

As of October 2015

Here is a great opportunity to own just the prime vacation rental months with exceptional income potential in Regency at Poipu Kai. 5 Months: December 1 through April 30. 40% co-tenancy ownership of this tastefully upgraded and appointed three bedroom, three bath top floor unit. There is new carpet throughout. Excellent location in the project. Unique aspects of this unit are (a) beautiful wide staircase to the loft bedroom; (b) Full bathroom in the loft and (c) floor to ceiling mirrors in all rooms. Notable also is that the morning sun shines across the southern lanai into the living room and shaded from the hot afternoon sun. The owners Co-tenancy agreement document is completed and in place for use and management and is available for inspection. All furnishings are included for a TURN-KEY vacation rental operation. There are existing bookings going forward which are conveyed to the new owner. There are ceiling fans, 2 CD players and 2 TV's with cable service. There is wi-fi and cable for free computer online use. Corner unit with garden views on the front and pool views on the eastern side from the bedrooms. Poipu Beach Park is only 100 yards from the Resort. This famous beach, shown here, is suited for small children and adult swimming, snorkeling and surfing nearby. The Park includes picnic tables, shelters, restrooms, children's play equipment, and a convenience store nearby. Poipu Kai Resort has a great tennis facility with 8 courts.... 6 “Laykold” hard courts, and 2 synthetic grass courts, sand filled. There is a pro shop that sells balls, hats, shoes, and clothing. You may rent rackets and a ball machine. Golf anyone? Nearby Grand Hyatt Poipu Bay Resort Golf Course PGA 18 holes, designed by Robert Trent Jones, beautiful views along ocean.

Last Agent to Sell the Property

James Pycha

RE/MAX Kauai - Princeville Office Brokerage Phone: 8086392622 License #RB-15233 Listed on: 07/16/2015

RE/MAX Kauai - Princeville Office

Last Buyer's Agent

James Pycha

RE/MAX Kauai - Princeville Office Brokerage Phone: 8086392622 License #RB-15233 Listed on: 07/16/2015

RE/MAX Kauai - Princeville Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1991

Lot Details

  • Property fronts a county road
  • End Unit

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Penthouse
  • Garden Apartment
  • Double Stud Wall

Interior Spaces

  • 1,438 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Regency At Poipu Kai Community
  • Weliweli & Weliweli Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280270200031

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,964

Year Built

Built in 1991

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: Other
  • Road Frontage Type: Other
  • Attribution Contact: 8086392622
  • Co List Office Phone: 8088269675
  • Ownership: Fractional/Shared
  • MLS Status: S
  • Subdivision Name: WELIWELI & WELIWELI (MAKAI)
  • Unit Levels: Two
  • Living Area: 1438.0
  • Property Attached Yn: Yes
  • Year Built: 1991
  • Tax Year: 2013
  • HIS_PoolYN: No
  • Unit Description: End Unit, Even Number Unit, Garden, Multi-Story, Penthouse
  • 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, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: Mountain(s)
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 570.0
  • Association Fee Frequency: Monthly
  • Project: REGENCY AT POIPU KAI

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280270200031
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3964.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $318,000 -13.8% $221 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $369,000 -- $257 / 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 $12,669 $1,132,600 -- $1,132,600
2024 $12,669 $1,116,500 -- $1,116,500
2023 $9,645 $979,200 $0 $979,200
2022 $7,461 $757,500 $0 $0
2021 $6,808 $691,200 $0 $0
2020 $6,698 $680,000 $0 $680,000
2019 $6,226 $632,100 $0 $632,100
2018 $5,870 $595,900 $0 $595,900
2017 $5,219 $589,700 $0 $589,700
2016 $4,832 $546,000 $0 $546,000
2015 $2,420 $546,800 $0 $0
2014 $3,854 $520,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 286224

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-027-020-0031