NOT LISTED FOR SALE

2230 Loke Rd Koloa, HI 96756

Estimated Value: $2,068,000 - $2,588,000

3 Beds
3 Baths
1,576 Sq Ft
$1,496/Sq Ft Est. Value

Last Sold February 11, 2013

Last sale price $855,000 $543 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $13,857/month

20 Days on Market

Highlights

  • Tennis Courts
  • Mountain View
  • Jogging Path
  • Koloa Elementary School Rated A-
  • Corner Lot
  • Cul-De-Sac

About This Home

As of February 2013

Resort Living at It's Finest! This three bedroom three bath two-story home is tucked away in a quiet cul de sac at the prestigious neighborhood of Bayview Estates at the Poipu Kai Resort. Poipu Kai amenities offer tennis, pool with jacuzzi, 24 hour security and cable. Location is everything with this corner lot - you have an interior track location and are near the Poipu Kai Green Belt which leads straight to the Grand Hyatt in one direction or Brennecke's Beach in the other direction. This home is perfect to be full time residence or live in it part time and vacation rent out the rest of the year. Property is located in the visitor destination area and short term vacation rentals are allowed.
You will first notice the lush landscaping of the 11,608 sq. ft. lot. Once inside you'll see the fine appointments this home has to offer which include:
New carpeting, air conditioners in bedrooms, kitchen remodel, downstairs bath remodel, new windows and slider doors, custom window treatments, huge Master Suite lanai, Master Suite skylight with retractable shade covering, outdoor shower and attached 3-car garage.

Last Agent to Sell the Property

Lynda Gill

Hawaii Life Brokerage Phone: 8083460056 License #RS-63088 Listed on: 11/16/2012

Hawaii Life

Last Buyer's Agent

Kelly Liberatore

Coldwell Banker Island Properties - Kauai License #RB-17674

Coldwell Banker Island Properties - Kauai

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1989

Lot Details

  • Property fronts a county road
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Property is zoned R-4

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Garden

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • ADA Compliant
  • Tennis Courts

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 21
  • Assessor Parcel Number 4280280720000

Community Details

Overview

  • Bayview Estates Community
  • Bayview At Poipu Kai Subdivision

Recreation

  • Jogging Path

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,192

Year Built

Built in 1989

Lot Details

0

HOA Fees

$369 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: Walking/Jogging Path
  • Reso Fencing: None
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Fire Sprinkler System, Security Guard, Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: BAYVIEW AT POIPU KAI
  • Reso Interior Features: ADA Accessible, Skylights
  • Unit Levels: Two
  • Living Area: 1576.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1989
  • Tax Year: 2012
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 248
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Carpet, Stone
  • Stories: 2
  • Design: Double Wall

Exterior Features

  • View: Garden, Mountain(s)
  • Waterfront: No
  • Exterior Features: Tennis Court(s)
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 369.25
  • Association Fee Frequency: Monthly
  • Project: Bayview Estates

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280280720000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3192.0
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
Feb 4, 2013
Sold by
Musselman William M
Bought by
Russell Richard L and Russell Jane M
Seller's Agent
Lynda Gill
Hawaii Life
Buyer's Agent
Kelly Liberatore
Coldwell Banker Island Properties - Kauai
List Price
$895,000
Sold Price
$855,000
Premium/Discount to List
-$40,000
-4.47%
Current Estimated Value
$2,558,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,703,330
Avg. Annual Appreciation
8.14%
Original Mortgage
$684,000
Outstanding Balance
$476,159
Interest Rate
3.32%
Mortgage Type
VA
Estimated Equity
$1,881,851

Purchase Details

Closed on
Apr 17, 2008
Sold by
Musselman William M and Musselman Larae
Bought by
Musselman William M and William M Musselman Revocable Trust

Purchase Details

Closed on
Nov 10, 1999
Sold by
Wallace Deborah S
Bought by
Musselman William M and Musselman Larae

Purchase Details

Closed on
Nov 19, 1996
Sold by
Tefs Gavin W and Tefs Felicia J
Bought by
Wallace Deborah S and Revocable Inter Vivos Tr Deborah S Walla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell Richard L $855,000 Tg
Musselman William M -- None Available
Musselman William M $475,000 --
Wallace Deborah S $292,500 First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Richard L $684,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2013 02/11/13 Sold $855,000 -4.5% $543 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $895,000 -- $568 / 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 $2,447 $1,240,800 $929,900 $310,900
2024 $2,447 $1,204,600 $888,900 $315,700
2023 $2,511 $1,169,500 $618,600 $550,900
2022 $2,853 $1,135,400 $0 $0
2021 $2,752 $1,102,400 $0 $0
2020 $2,654 $1,070,300 $646,200 $424,100
2019 $2,559 $1,039,100 $617,100 $422,000
2018 $2,467 $808,800 $575,700 $233,100
2017 $2,377 $779,400 $543,700 $235,700
2016 $2,290 $750,800 $561,700 $189,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 258660

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-028-072-0000