NOT LISTED FOR SALE

2347 Niumalu Rd Lihue, HI 96766

Estimated Value: $1,787,000 - $2,201,000

5 Beds
5.5 Baths
4,344 Sq Ft
$458/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $1,300,000 $299 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $12,618/month

111 Days on Market

Highlights

  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Level Lot
  • Wood Flooring
  • Concrete Block With Brick

About This Home

As of April 2021

Tired of the Covid? This is the island to be on. Bring your whole family to this amazingly designed home in Paradise. Home is built of stone and steel and mostly all the walls are approximately 8 inches thick. Wall blocks are filled with steel & cement and the support walls are steel I-beams. Just a short 3 minute walk to the water, the Canoe Club, Yacht Club and to see the Cruise ships. This is not your typical home. Close to all the shopping in Lihue. This entire home can be rented out with a current rental history of $6650 per month. Both units have separate utility meters, electric, water & gas. Awesome set-up to live there and have your mortgage paid for.

2nd Floor is high end finishing's. It sports 2 bedrooms, 2 1/2 baths. Walking upstairs is the most unique Teak spiral staircase that flows into the open concept living space with stunning Teak floors. Over spacious kitchen with so much storage and granite counters. There is also a dumb-waiter so no carrying stuff up the stairs. Dining room/living room is open to kitchen. Then flows to a huge outside private lanai. The Master bedroom and bath are to die for. Etched glass shower doors thru-out the house have either Dolphins, Turtles, Mermaids & more. Amazing closets in both bedrooms. Under this part of the home has a oversized 3-car garage.

1st floor of this home has 3 bedrooms and 3 huge baths with the etched glass shower doors also. Open concept here also. The 3rd bedroom can be locked off from the rest of this area for a Private in-law suite. It does have a private entrance. 2 lanais come with the 1st floor living.

Last Agent to Sell the Property

Linda Subach

Kauai Pacific Real Estate, LLC Brokerage Phone: 8084824627 License #RB-21887 Listed on: 10/23/2020

Last Buyer's Agent

Philip Booye

Corcoran Pacific Properties License #RS-83722

Corcoran Pacific Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Block With Brick
  • Steel Frame
  • Double Stud Wall

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Niumalu Subdivision

Listing and Financial Details

  • Tax Lot C-1
  • Assessor Parcel Number 4320020140000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Reso Fencing: Other
  • Attribution Contact: 8084824627
  • Co List Office Phone: 8088236523
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: NIUMALU
  • Reso Interior Features: Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 4344.0
  • Year Built: 2007
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Multi-Dwelling
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Total Bathrooms: 5
  • Design: Concrete, Double Wall, Other (remarks), Steel Frame

Exterior Features

  • Topography: Level
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Other

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Underground Utilities
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: O
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4320020140000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5590.0
  • Tax Lot: C-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Apr 10, 2021
Sold by
Raymond Bruce A and Bruce A Raymond Trust
Bought by
Harrington Gary A and Harrington Valerie
Seller's Agent
Linda Subach
Kauai Pacific Real Estate, LLC
Buyer's Agent
Philip Booye
Corcoran Pacific Properties
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,990,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,032
Avg. Annual Appreciation
10.26%
Original Mortgage
$1,040,000
Outstanding Balance
$943,053
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,046,979

Purchase Details

Closed on
Apr 3, 2019
Sold by
Raymond Bruce A and Raymond Dianna S
Bought by
Raymond Bruce A and Bruce A Raymond Trust

Purchase Details

Closed on
Mar 1, 2006
Sold by
Raymond Bruce A and Raymond Dianna S
Bought by
Raymond Bruce A and Bruce A Raymond Trust

Purchase Details

Closed on
Oct 24, 2003
Sold by
Wing Eric Anthony and Wing Leslie Ellen
Bought by
Raymond Bruce A and Raymond Dianna S

Purchase Details

Closed on
Dec 19, 2002
Sold by
Nii Michael Noboru
Bought by
Wing Eric Anthony and Wing Leslie Ellen
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
Harrington Gary A $1,300,000 Tg
Raymond Bruce A -- Accommodation
Raymond Bruce A -- Accommodation
Raymond Bruce A -- None Available
Raymond Bruce A $253,000 --
Wing Eric Anthony $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrington Gary A $1,040,000
Previous Owner Raymond Bruce A $250,000
Previous Owner Raymond Bruce A $754,000
Previous Owner Raymond Bruce A $200,000
Previous Owner Raymond Bruce A $647,000
Previous Owner Raymond Bruce A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Off Market $1,300,000 -- --
04/15/2021 04/15/21 Sold $1,300,000 -3.7% $299 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
10/23/2020 10/23/20 For Sale $1,350,000 -- $311 / 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 $21,285 $1,736,900 $490,800 $1,246,100
2024 $21,285 $1,829,400 $490,800 $1,338,600
2023 $13,045 $1,597,300 $423,900 $1,173,400
2022 $13,045 $1,362,200 $0 $0
2021 $5,400 $1,221,700 $0 $0
2020 $5,590 $1,259,500 $349,200 $910,300
2019 $5,350 $1,222,800 $305,700 $917,100
2018 $5,152 $987,200 $290,700 $696,500
2017 $5,152 $972,600 $312,300 $660,300
2016 $5,176 $977,500 $312,300 $665,200
2015 $2,125 $1,007,400 $0 $0
2014 -- $1,012,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 643243

Hawaii Information Service (MLS Hawaii)

APN: 4-3-2-002-014-0000