$1,650,000
SOLD MAY 23, 2025

1870 Hoone Rd Unit 522 Koloa, HI 96756

Poipu Neighborhood
2 Beds
2 Baths
1,279 Sq Ft
$1,700/mo HOA Fee

Recently Sold

$1,290 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • Ocean View
  • Zoned Heating and Cooling
  • Level Lot
  • Heated In Ground Pool
  • 1-Story Property
  • Stacked Washer and Dryer

About This Home

As of May 2025

Enjoy ocean view sunsets from this preferred single-level vacation rental condominium in the Nihi Kai Villas near Poipu Beach.

Unit #522 is currently a popular vacation rental because of its close proximity to South Kauai's beaches and restaurants together with its ocean view lanai, its custom furnishings, and the split air conditioning system throughout.

Unit #522 is located on the top floor of a 3-story building and features the single-level floor plan: Living, dining and kitchen area adjacent to 2 bedroom and bath suites, with the vaulted ceilings, the expansive ocean view lanai, and the 2nd lanai with mountain views. Well-maintained by the owners, the updated kitchen features modern appliances and granite counters.

Its primary suite features a king bed, the updated en-suite with a custom walk-in shower, and private ocean view lanai. The spacious guest bedroom suite features two full-size beds, en-suite with a bath tub, and a lanai with mountain views.

Nihi Kai Villas is a desirable condominium property because of its project management and many amenities. Recent upgrades paid for by the association include a complete reroof, paint and new wastewater treatment facility. The entire heated swimming pool area received an up-dated look. The property features two tennis courts, BBQ area, and tropical landscaping.

FACTS AND FEATURES
Interior SF: 1,279 SF
Lanai SF: 228 SF
Floorplan: Single story
Views: Ocean, mountain, garden
Orientation: Southwest
Cooling: Split air conditioning system in living area and in both bedroom suites
Amenities: Heated swimming pool, tennis courts

Square footage to be verified by Buyer during due diligence

Last Agent to Sell the Property

Lori Decker

Hawaii Life Brokerage Phone: 8086358777 License #RS-76459 Listed on: 03/07/2025

Hawaii Life

Last Buyer's Agent

Robert Denniston

Coldwell Banker Island Properties - Kauai License #RS-36104

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,250

Year Built

  • Built in 1978

HOA Fees

  • $1,700 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280190220034

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

$13,250

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,700 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086358777
  • Co List Office Phone: 8006675028
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: LEE KWAI BEACH LOTS
  • Living Area: 1279.0
  • Property Attached Yn: Yes
  • Year Built: 1978
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • Unit Description: Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 228
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Induction Cooktop, Microwave, Oven, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: Mountain(s), Ocean
  • Pool Features: Heated, In Ground
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1700.09
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: NIHI KAI VILLAS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280190220034
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13250.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
May 15, 2025
Sold by
Evans-Micheau Living Trust and Evans Robert Giavis
Bought by
Michael And Elizabeth Martirano Trust and Martirano
Seller's Agent
Lori Decker
Hawaii Life
Buyer's Agent
Robert Denniston
Coldwell Banker Island Properties - Kauai
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Total Days on Market
12
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.66%
Original Mortgage
$1,237,500
Outstanding Balance
$1,237,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$471,549

Purchase Details

Closed on
Oct 23, 2020
Sold by
Jurosek Marla Ann
Bought by
Evans Robert Giavis and Micheau Terry Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2014
Closed on
Jun 24, 2015
Sold by
Mclean Gary Robert and Mclean Wilma Joy
Bought by
Evans Micheau Living Trust
Seller's Agent
Lori Decker
Hawaii Life
Buyer's Agent
James Bulloch
Coldwell Banker Island Properties - Kauai
List Price
$779,000
Sold Price
$735,000
Premium/Discount to List
-$44,000
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 28, 2013
Sold by
Seemann Robert L and Seemann Kathleen R
Bought by
Mclean Gary Robert and Mclean Wilma Joy
Seller's Agent
Rick Shaw
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Hannah Sirois
COMPASS
List Price
$690,000
Sold Price
$660,000
Premium/Discount to List
-$30,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jan 10, 2006
Sold by
Marx Richard A and Marx Barbara J
Bought by
Seemann Robert L and Seemann Kathleen R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed -- None Available
Warranty Deed -- Or
Deed $660,000 Tg
Deed $675,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,237,500 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,650,000 -5.7% $1,290 / Sq Ft
03/07/2025 03/07/25 For Sale $1,750,000 +138.1% $1,368 / Sq Ft
07/01/2015 07/01/15 Sold $735,000 -5.6% $575 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $779,000 +18.0% $609 / Sq Ft
06/14/2013 06/14/13 Sold $660,000 -4.3% $516 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $690,000 -- $539 / 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 $13,251 $1,206,800 -- $1,206,800
2024 $13,251 $1,166,000 -- $1,166,000
2023 $10,979 $1,114,600 $0 $1,114,600
2022 $7,247 $735,700 $0 $0
2021 $6,777 $688,000 $0 $0
2020 $6,736 $683,900 $0 $683,900
2019 $6,657 $675,800 $0 $675,800
2018 $5,959 $605,000 $0 $605,000
2017 $6,208 $701,500 $0 $701,500
2016 $6,166 $696,700 $0 $696,700
2015 $3,101 $700,900 $0 $0
2014 -- $639,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 718580

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-019-022-0034