NOT LISTED FOR SALE

3257 Kalapaki Cir Unit B Lihue, HI 96766

Estimated Value: $1,495,000 - $5,094,000

2 Beds
2 Baths
1,470 Sq Ft
$1,807/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $1,050,000 $714 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $16,254/month

399 Days on Market

Highlights

  • Ocean View
  • <<doubleOvenToken>>
  • Ceramic Tile Flooring
  • High Ceiling
  • Air Conditioning
  • 1-Story Property

About This Home

As of July 2015

Perched above Kalapaki Bay and the sandy beach of the Kauai Marriott sits this beautifully furnished 2 bedroom, 2 bath turn-key residential condominium. Unit B of the Kahalekai Condo. Perfect as a second home or investment property with Marriott amenities. Easy to show and in "move in" condition featuring;

~Solid granite countertops in the kitchen
~Newer appliances which include both an ice maker & wine cooler
~Open floor plan with access to a tiled, covered lanai with custom sun shade
~All new ceiling fans
~Ductless airconditioning-three units
~Custom window treatments
~Tastefully furnished
~Recently painted inside and out
~Amazing ever changing views of the bay, beach and surrounding mountains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,516

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Property fronts an easement
  • Steep Slope
  • Property is zoned RR-20

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Wood Frame Construction
  • Double Stud Wall
  • Tile

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Kahalekai Community
  • Kalapaki Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4350020280002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,516

Year Built

Built in 2005

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • ResoLotFeatures: Rim Lot
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8086527034
  • Co List Office Phone: 8082456205
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KALAPAKI
  • Reso Interior Features: High Ceilings
  • Living Area: 1470.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 2005
  • Tax Year: 2013
  • HIS_PoolYN: No
  • Unit Description: Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 839
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_Easement: Electric, Sewer, Water
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Other, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile
  • Total Bathrooms: 2
  • Design: Double Wall, Hollow Tile, Wood Frame

Exterior Features

  • Topography: Steep Slope
  • View: Bay, Ocean
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Project: KAHALEKAI

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4350020280002
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jun 24, 2015
Sold by
Knox Richard J and Knox Carol L
Bought by
Avazian Douglas A and Avazian Terrie K
List Price
$1,500,000
Sold Price
$1,050,000
Premium/Discount to List
-$450,000
-30%
Current Estimated Value
$2,656,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,606,340
Avg. Annual Appreciation
9.61%
Original Mortgage
$535,000
Outstanding Balance
$425,461
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,196,038

Purchase Details

Closed on
Jan 7, 2011
Sold by
Knox Richard Jon and Knox Carol Lynn
Bought by
Knox Richard J and Knox Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2009
Sold by
Knox Richard Jon and Knox Carol Lynn
Bought by
Knox Richard J and Knox Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,000
Interest Rate
4.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 14, 2006
Sold by
Kahalekai Lllp
Bought by
Knox Richard J and Knox Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.46%
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
Avazian Douglas A $1,050,000 Tg
Knox Richard J -- Fidelity National Title Ins
Knox Richard Jon -- Fidelity National Title Ins
Knox Richard J -- Fidelity National Title Ins
Knox Richard Jon -- Chicago Title Company
Knox Richard J $1,000,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avazian Douglas A $535,000
Previous Owner Knox Richard J $500,000
Previous Owner Knox Richard Jon $659,000
Previous Owner Knox Richard Jon $713,000
Previous Owner Knox Richard J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $1,050,000 -30.0% $714 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
02/19/2014 02/19/14 For Sale $1,500,000 -- $1,020 / 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 $17,133 $1,524,200 $1,134,800 $389,400
2024 $17,133 $1,496,400 $1,083,200 $413,200
2023 $14,583 $1,480,500 $754,400 $726,100
2022 $17,121 $1,933,700 $0 $0
2021 $14,396 $1,461,500 $0 $0
2020 $14,149 $1,436,400 $1,031,600 $404,800
2019 $14,542 $1,476,300 $809,300 $667,000
2018 $12,171 $1,235,600 $620,400 $615,200
2017 $10,060 $1,136,700 $593,500 $543,200
2016 $6,176 $1,020,800 $539,500 $481,300
2015 $6,267 $1,395,400 $0 $0
2014 $6,267 $1,052,300 $0 $0
Source: Public Records

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 271044

Hawaii Information Service (MLS Hawaii)

APN: 4-3-5-002-028-0002