NOT LISTED FOR SALE

1870 Hoone Rd Unit 802 Koloa, HI 96756

Poipu Neighborhood

Estimated Value: $1,050,000 - $1,294,166

2 Beds
2 Baths
1,255 Sq Ft
$1,095/mo HOA Fee

Last Sold July 16, 2018

Last sale price $595,000 $474 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $8,663/month

133 Days on Market

Highlights

  • Mountain View
  • Home Office
  • Ceramic Tile Flooring
  • High Ceiling
  • Detached Garage
  • Stacked Washer and Dryer

About This Home

As of July 2018

Located perfectly within the ocean side Nihi Kai Villas condominium complex, Nihi Kai 802 is the vacation rental you have been looking for. Located in building 8 of this low-density 70-unit complex, this condo is located steps from the upper parking lot making it convenient for yourself and your guests. Nihi Kai Villas offers convenience to everything you want...beaches just steps away, an oceanfront pool with amazing oceans views, 2 tennis courts, a pickleball court, barbecue area, and several fine dining restaurants as well as casual eateries just minutes away at this ultimate beach destination at Poipu Beach Park.

THe 2 BR/2 BA condo features an upgraded kitchen with granite counters and maple cabinets. Both bathrooms have been updated and the guest bath is so impressive it will knock your socks off. From the hand carved paddles, the glass sconces, the accented tile walk in shower, this room will delight you.

Master bedroom leads to a large double-sized lanai that feels private and open to beautiful gardens and foliage everywhere. Guest bedroom is optimized for vacation renting with two beds.

* Successful rental managed through Parrish Collection - revenue available on request
* Excellent flow through for the trade winds
* Four lanais .. two off the main living area and each bedroom has
a personal attached lanai, one of which is very large
* Custom flooring throughout
* Custom bamboo blinds throughout
* Magnificent kitchen with granite counters and maple cabinets
* Living room and Lounge area furnishings purchased new in 2013
* LCDs in living room and both bedrooms
* King Bed and two twin beds
* Dedicated area with washer and dryer
* Tastefully decorated with furniture and art throughout

Last Agent to Sell the Property

Ronnie Margolis

eXp Realty Brokerage Phone: 8083467095 License #RB-20918 Listed on: 01/05/2018

eXp Realty

Last Buyer's Agent

Yvonne Summerfield

RE/MAX Honolulu - Kauai License #RB-20090

RE/MAX Honolulu - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,538

Year Built

  • Built in 1978

Lot Details

  • Property fronts a county road

HOA Fees

  • $1,095 Monthly HOA Fees

Parking

  • Detached Garage

Interior Spaces

  • 1,255 Sq Ft Home
  • High Ceiling
  • Home Office
  • Mountain Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280190220050

Community Details

Overview

  • Nihi Kai Villas Community
  • Lee Kwai Beach Lots Subdivision

Recreation

  • Recreational Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,538

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,095 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8083467095
  • Co List Office Phone: 8082455758
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: LEE KWAI BEACH LOTS
  • Reso Interior Features: High Ceilings, Office
  • Living Area: 1255.0
  • Property Attached Yn: Yes
  • Year Built: 1978
  • Tax Year: 2017
  • HIS_PoolYN: No
  • 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, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 2

Exterior Features

  • View: HIS Sunset, Mountain(s)
  • Waterfront: No
  • Exterior Features: Recreation Area
  • Roads: County

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Cash
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1094.71
  • Association Fee Frequency: Monthly
  • Project: NIHI KAI VILLAS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280190220050
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5538.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jul 6, 2018
Sold by
Maksic Sasha and Maksic Kristin
Bought by
Goodrick Jason Charles and Marby Craig Anthony
Seller's Agent
Ronnie Margolis
eXp Realty
Buyer's Agent
Yvonne Summerfield
RE/MAX Honolulu - Kauai
List Price
$669,000
Sold Price
$595,000
Premium/Discount to List
-$74,000
-11.06%
Total Days on Market
133
Current Estimated Value
$1,190,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,292
Avg. Annual Appreciation
10.44%
Original Mortgage
$295,000
Outstanding Balance
$184,787
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,005,505

Purchase Details

Closed on
Aug 2, 2010
Sold by
Lathrop Donald B
Bought by
Maksic Sasha and Maksic Kristin

Purchase Details

Closed on
Oct 24, 2005
Sold by
Lathrop Donald B
Bought by
Lathrop Jacqueline P and Jacqueline P Lathrop 1995 Trust

Purchase Details

Closed on
Sep 7, 2004
Sold by
Lathrop Donald B
Bought by
Lathrop Jacqueline P and Jacqueline P Lathrop 1995 Trust

Purchase Details

Closed on
Oct 23, 2000
Sold by
Livin Farkas Ronald M
Bought by
Lathrop Donald B and Donald B Lathrop Intervivos Trust
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 Buyer Sale Price Title Company
Goodrick Jason Charles -- Or
Maksic Sasha $540,000 Or
Lathrop Jacqueline P -- --
Lathrop Jacqueline P -- --
Lathrop Donald B $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodrick Jason Charles $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2018 10/14/18 Off Market $595,000 -- --
07/16/2018 07/16/18 Sold $595,000 -11.1% $474 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $669,000 -- $533 / 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 $12,298 $1,128,900 -- $1,128,900
2024 $12,298 $1,084,900 -- $1,084,900
2023 $10,268 $1,042,400 $0 $1,042,400
2022 $6,753 $685,600 $0 $0
2021 $6,539 $663,900 $0 $0
2020 $6,231 $632,600 $0 $632,600
2019 $5,809 $589,700 $0 $589,700
2018 $5,538 $528,800 $0 $528,800
2017 $5,538 $625,800 $0 $625,800
2016 $5,540 $626,000 $0 $626,000
2015 $2,921 $660,200 $0 $0
2014 $4,197 $617,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 613061

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-019-022-0050