NOT LISTED FOR SALE

1870 Hoone Rd Unit 521 Koloa, HI 96756

Estimated Value: $1,345,000 - $1,564,000

2 Beds
2 Baths
1,279 Sq Ft
1978 Built

Sale Details

Date Sold: September 28, 2022

Last sale price $1,245,000 $973 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,222 / mo

106 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Ceramic Tile Flooring
  • Koloa Elementary School Rated A-
  • High Ceiling
  • Zoned Heating and Cooling

About This Home

As of September 2022

Enjoy blue ocean horizon and whitewater views from this Penthouse style single level top floor unit within close walking distance to Brenneckes, and the Poipu Beach Park. Fully furnished, air-conditioned, buffed out interior, solid granite kitchen counters, stainless steel appliances, washer/dryer, wireless high-speed internet. With binoculars in the comfort of your private balcony, you can watch the surfers ride the waves at Waiohai. High ceilings, open floorplan and plenty of room to stretch out and enjoy your Hawaiian vacation home. The Nihi Kai Resort was completely retrofitted in 2020/21 with new roofs (w/ added insulation), railings, stair treads, pickets, and paint. Heated oceanfront swimming pool, tennis courts, outdoor barbecues. This unit is approximately 500' to the ocean. Interior 1,279 sf + lanai 228 sf = 1,507 sf of private living space.

Last Agent to Sell the Property

Bill Thesken

RE/MAX Honolulu - Kauai Brokerage Phone: 8086350414 License #RB-17632 Listed on: 05/16/2022

RE/MAX Honolulu - Kauai

Last Buyer's Agent

Tom Summers

Summers Realty License #RS-36563

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,279

Year Built

  • Built in 1978

HOA Fees

  • $1,431 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • 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 4280190220033

Community Details

Overview

  • Nihi Kai Villas Community
  • Lee Kwai Beach Lots Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,279

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

HOA Fees

$1,431 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: LEE KWAI BEACH LOTS
  • Reso Interior Features: High Ceilings
  • Living Area: 1279.0
  • Property Attached Yn: Yes
  • Year Built: 1978
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • Unit Description: Inside Unit, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 228
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Electric
  • 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

Exterior Features

  • Topography: Fairly Level
  • View: Ocean, Ocean Horizon, Sunset
  • Pool Features: Gunite, In Ground
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1431.35
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: NIHI KAI VILLAS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280190220033

Tax Info

  • Tax Annual Amount: 7279.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 23, 2022
Sold by
Jane Ohayre and Jane Ruby
Bought by
Lokelani Makai Property Llc
Seller's Agent
Bill Thesken
RE/MAX Honolulu - Kauai
Buyer's Agent
Tom Summers
Summers Realty
List Price
$1,349,000
Sold Price
$1,245,000
Premium/Discount to List
-$104,000
-7.71%
Current Estimated Value
$1,436,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,127
Avg. Annual Appreciation
4.09%

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jul 9, 2018
Sold by
Semple Scott and Holbrook Ambler Holly
Bought by
Jane O Hayre Brian and Hayre Ruby Jane O
Seller's Agent
Yvonne Summerfield
RE/MAX Honolulu - Kauai
Buyer's Agent
Bill Thesken
RE/MAX Honolulu - Kauai
List Price
$710,000
Sold Price
$620,000
Premium/Discount to List
-$90,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$434,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2008
Sold by
Crays Donald Reed
Bought by
Semple Scott and Holbrook Ambler Holly

Purchase Details

Closed on
Jul 14, 2006
Sold by
Dunn Arthur G and Mcgauley Dunn Terri L
Bought by
Crays Donald Reed and Donald R Crays Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1998
Sold by
Lanpher Dorse Avery
Bought by
Dunn Arthur G and Mcgauley Dunn Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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
Lokelani Makai Property Llc -- Old Republic Title
Jane O Hayre Brian -- Or
Semple Scott $895,000 Tg
Crays Donald Reed $850,000 Fntic
Dunn Arthur G $245,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jane O Hayre Brian $434,000
Previous Owner Crays Donald Reed $650,000
Previous Owner Dunn Arthur G $145,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Off Market $1,245,000 -- --
12/27/2022 12/27/22 Off Market $1,245,000 -- --
09/28/2022 09/28/22 Sold $1,245,000 -7.7% $973 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,349,000 +117.6% $1,055 / Sq Ft
10/23/2018 10/23/18 Off Market $620,000 -- --
07/25/2018 07/25/18 Sold $620,000 -12.7% $485 / Sq Ft View Prior Sale
05/24/2018 05/24/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $710,000 -- $555 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $14,128 $1,296,300 -- $1,296,300
2024 $14,128 $1,240,700 -- $1,240,700
2023 $11,519 $1,169,400 $0 $1,169,400
2022 $7,746 $786,400 $0 $0
2021 $7,279 $739,000 $0 $0
2020 $7,214 $732,400 $0 $732,400
2019 $7,214 $675,800 $0 $675,800
2018 $6,208 $605,000 $0 $605,000
2017 $6,208 $701,500 $0 $701,500
2016 $6,166 $696,700 $0 $696,700
2015 $3,412 $700,900 $0 $0
2014 $4,471 $639,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Thesken

    Seller's Agent in 2022

    Bill Thesken

    RE/MAX Honolulu - Kauai

    43 in this area

    47 Total Sales

    Bill Thesken
    Section Image
  • Tom Summers

    Buyer's Agent in 2022

    Tom Summers

    Summers Realty

    (808) 639-2533

    4 in this area

    28 Total Sales

    Tom Summers
    Section Image
  • Yvonne Summerfield

    Seller's Agent in 2018

    Yvonne Summerfield

    RE/MAX Honolulu - Kauai

    (808) 346-7251

    64 in this area

    147 Total Sales

    Yvonne Summerfield
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 661844

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-019-022-0033

Hawaii Kauai County Koloa 96756

1870 Hoone Rd Unit 521, Koloa, HI

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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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