NOT LISTED FOR SALE

2231 Pane Rd Koloa, HI 96756

Estimated Value: $2,507,000 - $4,228,000

10 Beds
6 Baths
4,937 Sq Ft
$637/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2021

Last sale price $5,500,000 $1,114 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $19,351 / mo

39 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Landscaped
  • Koloa Elementary School Rated A-
  • Wood Flooring
  • Stone Wall

About This Home

As of May 2021

Nestled in the heart of sunny Poipu and within about seventy steps from the turquoise water of the south shore lies this tropical oasis of 4 beautifully renovated homes. An idyllic compound, where fun-filled family times will be forever etched in your memory.....and when you and your extended family are not on island, that transforms into a very lucrative vacation rental operation.
The current owners have stamped their own inimitable style and feel of ‘old Hawaii’ into the renovations of the property. They have captured this feel and it is clear from past vacation guests that this relaxed and easy ambiance has been felt and appreciated by all who have visited. The property has formed the focal point and venue for weddings and family reunions. The extensive accommodations make this a very unique property on Kaua’i. Some of the great features are:
*There are Plantation style ...three 2bedroom/1bath cottages & one 4 bed/3bath main home
*Vacation rentals or family compound with vacation rental history
*Located in the VDA (Vacation Destination Area)
*Inground pool with entertainment area
*Close Walk to swimming beach
*Tastefully renovated homes
* New roofs
*Nicely laid out compound with large central lawn area
*Beautiful landscaping
*Lots of parking
*approx. 24,726 sqft lot

Last Agent to Sell the Property

Bruce Whale

COMPASS Brokerage Phone: 8086392673 License #RS-73295 Listed on: 03/13/2021

COMPASS

Last Buyer's Agent

Debra Blachowiak

Aloha Sotheby's Intl Realty - Kaua'i License #RB-12845

Aloha Sotheby's Intl Realty - Kaua'i

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,576

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Stone Wall
  • Landscaped
  • Level Lot
  • Property is zoned SP

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 4,937 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Bacle Tract Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 4
  • Assessor Parcel Number 4280180140000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,576

Year Built

Built in 1940 | Remodeled

Lot Details

0.56 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: See Remarks
  • Reso Fencing: Other, Stone
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Landscaped, See Remarks
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: See Remarks, Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: BACLE TRACT
  • Reso Interior Features: See Remarks
  • Unit Levels: One
  • Living Area: 4937.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 1940
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Flooring: Hardwood
  • Stories: 1
  • Design: Double Wall, Remodeled, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • Pool Features: Gunite, In Ground
  • Waterfront: No
  • Exterior Features: See Remarks
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Cash
  • 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

Lot Info

  • Zoning: SP
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280180140000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 14576.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 13, 2021
Sold by
Barens Jeffrey C and Barens Kristin L
Bought by
2225 Pane Rd Llc
Seller's Agent
Bruce Whale
COMPASS
Buyer's Agent
Debra Blachowiak
Aloha Sotheby's Intl Realty - Kaua'i
List Price
$5,500,000
Sold Price
$5,500,000
Current Estimated Value
$3,146,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,353,225
Avg. Annual Appreciation
-10.81%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Barens Jeffrey Charles and Barens Kristin Lucille
Bought by
Barens Jeffrey C and Barens Kristin L

Purchase Details

Listed on
Sep 9, 2014
Closed on
Mar 18, 2015
Sold by
Harrison Summer S
Bought by
Barens Jeffrey Charles and Barens Kristin Lucille
Seller's Agent
Lee Morey
Aloha Sotheby's Intl Realty - Kaua'i
Buyer's Agent
Malia Powers
COMPASS
List Price
$3,200,000
Sold Price
$2,975,000
Premium/Discount to List
-$225,000
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$900,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2004
Sold by
Stone Ian Everett
Bought by
Harrison Summer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
3.37%
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
2225 Pane Rd Llc $5,500,000 Or
Barens Jeffrey C -- None Available
Barens Jeffrey Charles $1,675,000 Or
Harrison Summer S $1,775,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barens Jeffrey Charles $900,000
Previous Owner Harrison Summer S $1,775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Off Market $5,500,000 -- --
05/25/2021 05/25/21 Sold $5,500,000 0.0% $1,114 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $5,500,000 +84.9% $1,114 / Sq Ft
03/27/2015 03/27/15 Sold $2,975,000 -7.0% $603 / Sq Ft View Prior Sale
03/22/2015 03/22/15 Pending -- -- --
09/09/2014 09/09/14 For Sale $3,200,000 -- $648 / 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 $28,852 $2,044,600 $1,591,500 $453,100
2024 $28,852 $2,493,800 $2,015,900 $477,900
2023 $24,380 $2,475,100 $1,795,100 $680,000
2022 $19,203 $1,949,500 $0 $0
2021 $14,724 $1,494,800 $0 $0
2020 $14,576 $1,479,800 $1,122,000 $357,800
2019 $14,576 $1,485,600 $1,122,000 $363,600
2018 $13,809 $1,480,600 $1,122,000 $358,600
2017 $13,809 $1,487,100 $1,122,000 $365,100
2016 $12,485 $1,361,900 $1,009,800 $352,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bruce Whale

    COMPASS

    (808) 639-2673

    1 in this area

    17 Total Sales

    Bruce Whale
    Section Image

  • D

    Buyer's Agent in 2021

    Debra Blachowiak

    Aloha Sotheby's Intl Realty - Kaua'i

    (808) 639-2437

    30 in this area

    46 Total Sales

    Debra Blachowiak
    Section Image
  • Lee Morey

    Seller's Agent in 2015

    Lee Morey

    Aloha Sotheby's Intl Realty - Kaua'i

    (808) 651-6720

    5 in this area

    20 Total Sales

    Lee Morey
    Section Image

  • M

    Buyer's Agent in 2015

    Malia Powers

    COMPASS

    (808) 651-1010

    2 in this area

    30 Total Sales

    Malia Powers
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 647274

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-018-014-0000

Hawaii Kauai County Koloa 96756

2231 Pane Rd, Koloa, HI

Not Listed for Sale

Detached

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