NOT LISTED FOR SALE

1870 Hoone Rd Unit 507 Koloa, HI 96756

Poipu Neighborhood

Estimated Value: $1,036,636 - $1,211,000

2 Beds
2 Baths
1,221 Sq Ft
$1,429/mo HOA Fee

Last Sold May 06, 2022

Last sale price $1,025,000 $839 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,692/month

102 Days on Market

Highlights

  • In Ground Pool
  • Detached Garage
  • Zoned Heating and Cooling
  • Garden View
  • Ceramic Tile Flooring
  • Stacked Washer and Dryer

About This Home

As of May 2022

Fully Furnished Successful Vacation Rental in the upgraded Nihi Kai complex in Poipu Beach - Walking distance to Brenneckes Beach and Poipu Beach Park

Nihi Kai Villas unit 507 is conveniently located in the middle of the complex with parking, BBQ and Tennis courts nearby

Nihi Kai Villas is a well maintained complex consisting of only 8 buildings and 70 units within 5.98 acres of mature tropical foliage.
Oceanview heated pool and spa area is located just across the road to world famous Poipu beaches.

Island style furnishings ready for you to move in with the following:
Designer Kitchen with spacious granite counter top island and plenty of cabinetry
Updated Bathroom with walk in shower
2 bedrooms and 2 bathrooms with spacious living area
2 covered lanai spaces
Split System A/C

Enjoy Nihi Kai's amenities which include Tennis Courts, Swimming Pool and BBQ Pavillon

Last Listed By

Yvonne Summerfield

RE/MAX Honolulu - Kauai Brokerage Phone: 8083467251 License #RB-20090 Listed on: 12/23/2021

RE/MAX Honolulu - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1978

Lot Details

  • 6

HOA Fees

  • $1,429 Monthly HOA Fees

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,221 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Garden Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Detached Garage
  • Unassigned Parking

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Property fronts a county road
  • Interior Unit

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280190220027

Community Details

Overview

  • Nihi Kai Villas Community
  • Lee Kwai Beach Lots Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,508

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,429 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoSecurityFeatures: None, Smoke Detector(s)
  • Attribution Contact: 8083467251
  • Co List Office Phone: 8087421777
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: LEE KWAI BEACH LOTS
  • Unit Levels: Two
  • Living Area: 1221.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1978
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • Unit Description: Inside Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 286
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_Easement: Other (remarks)
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: Garden
  • Pool Features: Gunite, In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Detached, Unassigned

Utilities

  • Cooling: Cash, HIS Air Conditioning, Zoned
  • Heating: Zoned
  • Sewer: Other
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1428.57
  • Association Fee Frequency: Monthly
  • Project: NIHI KAI VILLAS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280190220027
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5508.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Vacasolution Inc
Bought by
Haynes Melanie Ann and Zimmerman John David
Total Days on Market
102
Current Estimated Value
$1,146,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$841,500
Outstanding Balance
$834,252
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$323,363

Purchase Details

Listed on
Dec 23, 2021
Closed on
Apr 29, 2022
Sold by
Goodno Family Trust
Bought by
Vacasolution Inc
Seller's Agent
Yvonne Summerfield
RE/MAX Honolulu - Kauai
Buyer's Agent
Jordan McMurdie
eXp Realty
List Price
$940,000
Sold Price
$1,025,000
Premium/Discount to List
$85,000
9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jan 6, 2015
Sold by
Zentner Bruce A and Reyes Maureen S
Bought by
Goodno Family Trust
Seller's Agent
Hannah Sirois
COMPASS
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Aug 1, 2001
Sold by
Wharton Revy L
Bought by
Muschany Robert S and Muschany Cathie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2000
Sold by
Mccammant Bryan K and Mccammant Glynnis M
Bought by
Wharton Revy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1994
Sold by
Lincoff Milton Harry and Lincoff Miriam Gertrude
Bought by
Lincoff Milton H and Lincoff Miriam G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.53%
Mortgage Type
Purchase Money Mortgage

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
Haynes Melanie Ann -- Old Republic Title
Vacasolution Inc -- Title Guaranty & Escrow Servic
Vacasolution Inc -- Title Guaranty & Escrow Servic
Goodno Family Trust $560,000 Tg
Muschany Robert S $300,000 --
Wharton Revy L $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Melanie Ann $841,500
Previous Owner Muschany Robert S $70,000
Previous Owner Wharton Revy L $138,750
Previous Owner Lincoff Milton H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Off Market $1,025,000 -- --
05/06/2022 05/06/22 Sold $1,025,000 +9.0% $839 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
12/23/2021 12/23/21 For Sale $940,000 +67.9% $770 / Sq Ft
01/21/2015 01/21/15 Sold $560,000 -2.6% $459 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/12/2014 11/12/14 For Sale $575,000 -- $471 / 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
2024 $10,507 $929,800 -- $929,800
2023 $8,877 $901,200 $0 $901,200
2022 $5,806 $589,400 $0 $0
2021 $5,508 $559,200 $0 $0
2020 $5,235 $531,500 $0 $531,500
2019 $4,879 $495,300 $0 $495,300
2018 $5,018 $446,600 $0 $446,600
2017 $5,018 $567,000 $0 $567,000
2016 $4,968 $561,400 $0 $561,400
2015 $2,673 $604,000 $0 $0
2014 $3,387 $569,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Summerfield

    Seller's Agent in 2022

    Yvonne Summerfield

    RE/MAX Honolulu - Kauai

    (808) 346-7251

    59 in this area

    158 Total Sales

    Yvonne Summerfield
    Section Image
  • Jordan McMurdie

    Buyer's Agent in 2022

    Jordan McMurdie

    eXp Realty

    (808) 822-3777

    8 in this area

    29 Total Sales

    Jordan McMurdie
    Section Image
  • Hannah Sirois

    Seller's Agent in 2015

    Hannah Sirois

    COMPASS

    (808) 639-2367

    65 in this area

    93 Total Sales

    Hannah Sirois
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657244

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-019-022-0027

Hawaii Kauai County Koloa 96756 Poipu

1870 Hoone Rd Unit 507, Koloa, HI

Homes for Sale in Koloa, HI

This home is located at 1870 Hoone Rd Unit 507, Koloa, HI 96756 since 23 December 2021 and is currently estimated at $1,146,659, approximately $939 per square foot. This property was built in 1978. 1870 Hoone Rd Unit 507 is a home located in Kauai County with nearby schools including Koloa Elementary School, Chiefess Kamakahelei Middle School, and Kauai High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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.