NOT LISTED FOR SALE

3257 Kalapaki Cir Unit A Lihue, HI 96766

Estimated Value: $3,435,000 - $4,137,000

4 Beds
3.5 Baths
3,174 Sq Ft
$300/mo HOA Fee

Last Sold February 11, 2022

Last sale price $3,025,000 $953 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $24,130/month

260 Days on Market

Highlights

  • Ocean View
  • Attached Garage
  • Stone Wall
  • High Ceiling
  • Ceramic Tile Flooring

About This Home

As of February 2022

Perched upon a cascading seaside cliff, opulence is expressed on all levels within this stunning, oceanfront penthouse, with breathtaking vistas and opportunities to view them from almost every room.

The custom-carved hardwood doors open to a magnificent floor plan, including a gourmet kitchen, lavish living areas, four luxurious bedrooms and bathrooms. Awe-inspiring, open-sky lanais offer views of Kalapaki Bay, Nawiliwili Harbor, the Haupu Mountain Range and the distant horizon filling this space with beauty inside and out.

~Tile floors throughout
~Open floor plan featuring ocean views from living area and the master suite
~Granite slab countertops in kitchen & baths
~Brazilian Cherry cabinets in the kitchen
~Sub-zero refrigerator, Viking gas range, dual ovens, wine cooler, ice maker, bar sink & trash compactor
~Three master suites upstairs, 4th bedroom downstairs with adjacent full bath
~Large laundry area upstairs with lots of storage & laundry sink
~Spacious master suite w/ ocean view walk-in shower & separate soaking tub
~Extra large walk in closet with built-ins
~Air conditioning in living room and all bedrooms
~Large lanai for ocean view dining & lounging
~Two-car garage
~Furnishings are included in the sale

Because this home is in the VDA (visitor destination area) you have the option of renting it out short term or making this your full time residence. Currently a successful vacation rental.

Experience deluxe island living in this unique and exclusive location.

Last Agent to Sell the Property

Joshua Rudinoff

Meridian Pacific License #RS-58295 Listed on: 04/20/2021

Last Buyer's Agent

James Karlovsky

COMPASS License #RB-21662

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,855

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Stone Wall

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Interior Spaces

  • 3,174 Sq Ft Home
  • High Ceiling
  • Ceramic Tile Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Kalapaki Cliffside Community
  • Kalapaki Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 435002028

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,855

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Stone
  • Co List Office Phone: 8774652824
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KALAPAKI
  • Reso Interior Features: High Ceilings
  • Living Area: 3174.0
  • Property Attached Yn: Yes
  • Year Built: 2005
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Other, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile
  • Total Bathrooms: 3

Exterior Features

  • View: Bay, HIS Coastline, Mountain(s), Ocean
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Project: KALAPAKI CLIFFSIDE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 435002028
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Feb 7, 2022
Sold by
Roanoke Ranch Acquisition Llc
Bought by
Elco Investments 77 Llc
Seller's Agent
Joshua Rudinoff
Meridian Pacific
Buyer's Agent
James Karlovsky
COMPASS
List Price
$3,400,000
Sold Price
$3,025,000
Premium/Discount to List
-$375,000
-11.03%
Total Days on Market
260
Current Estimated Value
$3,819,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,013
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Oct 20, 2017
Closed on
Feb 26, 2018
Sold by
Jordan Christopher Alan and Kubota Elaine Yuri
Bought by
Roanoke Ranch Acquisition Llc
Buyer's Agent
Clayton Hurd
eXp Realty
List Price
$2,650,000
Sold Price
$2,400,000
Premium/Discount to List
-$250,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Kahalekai Lllp
Bought by
Jordan Christopher Alan and Kubota Elaine Yuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
6.43%
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
Elco Investments 77 Llc $3,025,000 Title Guaranty & Escrow Servic
Elco Investments 77 Llc $3,025,000 Title Guaranty & Escrow Servic
Roanoke Ranch Acquisition Llc $2,400,000 Or
Jordan Christopher Alan $2,000,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Christopher Alan $1,134,000
Previous Owner Jordan Christopher Alan $1,255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Off Market $3,025,000 -- --
02/11/2022 02/11/22 Sold $3,025,000 -11.0% $953 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
04/20/2021 04/20/21 For Sale $3,400,000 +41.7% $1,071 / Sq Ft
06/01/2018 06/01/18 Off Market $2,400,000 -- --
03/02/2018 03/02/18 Sold $2,400,000 -9.4% $756 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $2,650,000 -- $835 / 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 $32,855 $2,804,500 $1,418,400 $1,386,100
2024 $32,855 $2,822,100 $1,353,900 $1,468,200
2023 $28,722 $2,915,900 $1,160,500 $1,755,400
2022 $27,370 $2,778,700 $0 $0
2021 $21,797 $2,318,800 $0 $0
2020 $21,046 $2,238,900 $1,031,600 $1,207,300
2019 $16,783 $2,084,900 $809,200 $1,275,700
2018 $3,637 $1,233,500 $555,400 $678,100
2017 $3,637 $1,192,300 $519,400 $672,900
2016 $3,515 $1,152,400 $539,500 $612,900
2015 $1,923 $961,700 $0 $0
2014 $3,961 $1,483,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 649364

Hawaii Information Service (MLS Hawaii)

APN: 4-3-5-002-028-0001