NOT LISTED FOR SALE

3263 Kalapaki Cir Unit B Lihue, HI 96766

Estimated Value: $1,366,000 - $1,556,000

2 Beds
2 Baths
1,098 Sq Ft
$150/mo HOA Fee

Last Sold March 11, 2022

Last sale price $1,250,000 $1,138 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,662/month

8 Days on Market

About This Home

As of March 2022

This unique property is one of two units overlooking Kalapaki Bay. Each unit is on a separate floor, with a separate entrance, guaranteeing total privacy. It has 2 bedrooms,(both with ocean view) 2 full baths, kitchen, laundry, family area and a separate lanai. It is currently an active vacation rental, in the Visitor Destination Area (VDA) and zoned for legal vacation rentals. It has been recently remodeled. The private, gated road leads to the property, where free parking is available right in front of it. An elevator on the street (Kalapaki Circle) brings you to the beach below. Hokuala golf course (open to the public) is across the street, Royal Sonesta Kauai Resort and restaurants adjoin. The airport and Lihue Town are less than a 10 min. drive. This is truly a Destination Resort Property.

Last Agent to Sell the Property

Susanne Blum-Gnepf

Kauai Oceanfront Property LLC Brokerage Phone: 8086350716 License #RB-21694 Listed on: 01/08/2022

Last Buyer's Agent

Darian Peralta

Hawaii Life License #RS-66853

Hawaii Life

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,889

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Property fronts an easement

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,098 Sq Ft Home
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Cooktop
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Cottage 12 Condominium Community
  • Kalapaki Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 15
  • Assessor Parcel Number 4350020270002

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,889

Year Built

Built in 1994

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086350716
  • Co List Office Phone: 8086350716
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KALAPAKI
  • Living Area: 1098.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1994
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: DSL
  • HIS_Easement: Electric, Ingress/Egress, Sewer, Water
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Project: COTTAGE 12 CONDOMINIUM

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4350020270002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12889.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Feb 18, 2022
Sold by
Leland Nickles Andrew and Lynn Cheryl
Bought by
Patricia G Calarco Trust
Seller's Agent
Susanne Blum-Gnepf
Kauai Oceanfront Property LLC
Buyer's Agent
Darian Peralta
Hawaii Life
List Price
$1,175,000
Sold Price
$1,250,000
Premium/Discount to List
$75,000
6.38%
Current Estimated Value
$1,485,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,911
Avg. Annual Appreciation
5.30%
Original Mortgage
$750,000
Outstanding Balance
$616,108
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$869,803

Purchase Details

Closed on
Jul 24, 2018
Sold by
Handy Alan K
Bought by
Nickles Andrew Leland and Nickles Cheryl Lynn
Source: Public Records

Range of Values:

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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
Patricia G Calarco Trust $1,250,000 Title Guaranty & Escrow Servic
Patricia G Calarco Trust -- Title Guaranty & Escrow Servic
Patricia G Calarco Trust -- Title Guaranty & Escrow Servic
Patricia G Calarco Trust $1,250,000 Title Guaranty & Escrow Servic
Nickles Andrew Leland $1,700,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patricia G Calarco Trust $750,000
Closed Patricia G Calarco Trust $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,250,000 +6.4% $1,138 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $1,175,000 -- $1,070 / 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 $15,667 $1,403,200 $1,118,300 $284,900
2024 $15,667 $1,371,700 $1,067,500 $304,200
2023 $13,613 $1,382,000 $743,400 $638,600
2022 $17,384 $1,764,900 $0 $0
2021 $12,890 $1,308,600 $0 $0
2020 $16,427 $1,667,700 $1,016,600 $651,100
2019 $16,427 $1,294,600 $781,200 $513,400
2018 $8,999 $1,022,500 $598,900 $423,600
2017 $8,999 $1,016,800 $572,900 $443,900
2016 $5,628 $930,200 $520,800 $409,400
2015 $2,992 $989,100 $0 $0
2014 -- $932,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657263

Hawaii Information Service (MLS Hawaii)

APN: 4-3-5-002-027-0002