NOT LISTED FOR SALE

2391 Kipuka St Unit A & B Koloa, HI 96756

Poipu Neighborhood

Estimated Value: $1,493,000 - $2,215,000

2 Beds
2 Baths
1,104 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $725,000 $657 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $10,030/month

406 Days on Market

About This Home

As of May 2017

Charming Vacation Rental Beach Bungalow With Multiple Opportunities! This 2 Bedroom 2 Bath beach bungalow is perhaps one of the most versatile properties currently on the market and has one of the best locations on Kauai’s sunny south shore. 2391 Kipuka Street consists of two separate contiguous properties; the first being a 2 bedroom 2 bath legal vacation rental on a 5,100 square foot lot. The second, TMK 4-2-8-23-43-2, is a 4,979 square foot lot with residential zoning. Both are being sold for $748,000.
The house has been renovated, is very well maintained and is being sold furnished with built in rental income from future bookings. 2391 Kipuka Street is one of the few in this neighborhood that has a TVR clearance through the County of Kauai to be able to vacation rent.

There are many possibilities with this property that range from building your dream home or a spec house on the back lot, continuing to use this as a vacation rental or move in and occupy as your full time residence.

Showings are subject to availability, plan ahead on this one!

Last Agent to Sell the Property

Lynda Gill

Hawaii Life Brokerage Phone: 8083460056 License #RS-63088 Listed on: 01/28/2016

Hawaii Life

Last Buyer's Agent

Yvonne Summerfield

RE/MAX Honolulu - Kauai License #RB-20090

RE/MAX Honolulu - Kauai

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1968

Lot Details

  • 10,019

Parking

  • Covered Parking

Interior Spaces

  • 1,104 Sq Ft Home
  • Tile Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property fronts a county road
  • Cesspool

Community Details

  • Hale Akamai Lima Community
  • Weliweli Houselots Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280230430001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,372

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8083460056
  • Co List Office Phone: 8087426428
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WELIWELI HOUSELOTS SUBDIVISION
  • Living Area: 1104.0
  • Property Attached Yn: No
  • Year Built: 1968
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator, Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: HIS Resin Tile
  • Total Bathrooms: 2
  • Design: Single Wall

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Hale Akamai Lima

Lot Info

  • Zoning: R-1
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280230430001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4372.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2006
Sold by
Kung Ikeda Randal Hiroshi and Kung Chun Janice Yuk
Bought by
Smart Stephen Harlan and Smart Kara Wiesenbaugh
Current Estimated Value
$1,770,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1995
Sold by
Herring Michael and Herring Jean Antoinette
Bought by
Ikeda Randal Hiroshi and Ikeda Janice Yuk Kung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smart Stephen Harlan $736,000 Tg
Ikeda Randal Hiroshi $215,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santy Jeremy $400,000
Closed Santy Jeremy $550,000
Closed Smart Stephen Harlan $588,800
Previous Owner Ikeda Randal Hiroshi $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Off Market $725,000 -- --
05/12/2017 05/12/17 Sold $725,000 -12.1% $657 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/28/2016 01/28/16 For Sale $825,000 -- $747 / 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 $3,009 $1,336,200 $787,000 $549,200
2024 $3,009 $1,298,500 $717,100 $581,400
2023 $6,618 $1,174,600 $629,600 $545,000
2022 $2,478 $901,800 $0 $0
2021 $2,398 $875,500 $0 $0
2020 $5,428 $877,300 $384,800 $492,500
2019 $1,693 $279,800 $279,800 $0
2018 $1,693 $279,800 $279,800 $0
2017 $1,482 $244,900 $244,900 $0
2016 $1,482 $244,900 $244,900 $0
2015 $741 $244,900 $0 $0
2014 $829 $209,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 292196

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-023-043-0002