NOT LISTED FOR SALE

1980 Kolo Rd Unit 6 Kilauea, HI 96754

Estimated Value: $5,735,000 - $6,361,364

3 Beds
2 Baths
2,268 Sq Ft
$2,667/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $1,760,000 $776 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $36,695/month

98 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Zoned Heating and Cooling
  • Hilly Lot
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of October 2020

“Honu Lani” is a secluded Kilauea Valley Rim Estate with distant Ocean and River Views. Permitted as a vacation rental, TVNC #4213, this property invites nature lovers to enjoy the peaceful surroundings. A real treasure, tucked away off of Kolo Road just on the outskirts of Kilauea Town, this one-acre tropical hide-away features a single level home with an open concept floor plan, vaulted ceilings, and AC throughout. Relax on the large covered lanai while sipping on a Mai Tai, watch the Tropic Birds sail through the valley, feel the soft breezes, and listen to nature’s sounds and ocean waves. Pick juicy oranges, tangerines, and grapefruit off of the mature fruit trees on hillside behind the home, or harvest papayas and apple bananas galore. At night, take a blanket up the hill and lay down in the grass to gaze at the stars. “Honu Lani” – a blissful slice of heaven on the island of Kauai.

Last Agent to Sell the Property

Ruth Marvin

Corcoran Pacific Properties Brokerage Phone: 8086524422 License #RB-17731 Listed on: 06/17/2020

Corcoran Pacific Properties

Last Buyer's Agent

Amy Marvin

Hawaii Life License #RS-40067

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,128

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Landscaped
  • Hilly Lot

Property Views

  • Ocean
  • River
  • Canyon
  • Pasture
  • Mountain
  • Forest
  • Garden

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kolo Kai Community
  • Kilauea Agricultural Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4520120010006

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,128

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8086524422
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KILAUEA AGRICULTURAL SUBDIVISION
  • Reso Interior Features: Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 2268.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1986
  • Tax Year: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 2

Exterior Features

  • Topography: Hilly
  • View: Canyon, Forest, Garden, Mountain(s), Ocean, Ocean Horizon, Pasture, River
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Cash, HIS Air Conditioning, Zoned
  • Heating: Zoned
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: KOLO KAI

Lot Info

  • Zoning: A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4520120010006
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 20127.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2015
Sold by
Howard Donivan R and Howard Clarisa F
Bought by
Norris Carlos R and Norris Gena O
Current Estimated Value
$5,787,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Outstanding Balance
$2,187,272
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$3,600,529

Purchase Details

Closed on
Nov 14, 2007
Sold by
Ashmore William S and Ashmore Angela D
Bought by
Howard Donivan R and Howard Clarisa F

Purchase Details

Closed on
Sep 24, 2001
Sold by
Bollag Benjamin
Bought by
Tomkinson Joseph R and Joseph R Tomkinson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Norris Carlos R $7,000,000 Tg
Howard Donivan R $6,500,000 Fhtc
Tomkinson Joseph R $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Carlos R $2,500,000
Open Norris Carlos R $5,600,000
Previous Owner Ashmore William S $1,500,000
Previous Owner Tomkinson Joseph R $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Off Market $1,760,000 -- --
10/28/2020 10/28/20 Sold $1,760,000 -7.1% $776 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,895,000 -- $836 / 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 $60,066 $6,970,200 $3,600,800 $3,369,400
2024 $60,066 $7,178,100 $3,600,800 $3,577,300
2023 $60,407 $6,418,600 $3,600,800 $2,817,800
2022 $59,219 $6,292,200 $0 $0
2021 $61,245 $6,507,800 $0 $0
2020 $61,974 $6,585,300 $3,503,000 $3,082,300
2019 $53,697 $6,661,500 $3,503,000 $3,158,500
2018 $49,440 $6,223,400 $3,357,500 $2,865,900
2017 $49,139 $6,959,900 $3,357,500 $3,602,400
2016 $48,084 $6,810,200 $3,653,800 $3,156,400
2015 $19,970 $5,655,100 $0 $0
2014 -- $6,010,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 639921

Hawaii Information Service (MLS Hawaii)

APN: 4-5-2-012-009-0002