NOT LISTED FOR SALE

3849 Omao Rd Koloa, HI 96756

Estimated Value: $1,466,000 - $2,240,000

5 Beds
4 Baths
1,872 Sq Ft
$930/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $1,258,750 $672 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,779/month

123 Days on Market

Highlights

  • Pasture Views
  • Attached Garage
  • Gentle Sloping Lot
  • Koloa Elementary School Rated A-
  • 1-Story Property
  • Stacked Washer and Dryer

About This Home

As of January 2022

THIS LISTING JUST SAW A PRICE ADJUSTMENT TO $1.395M.

Two separate single-family residences located in lush and cool Omao on a 27,000 square foot lot on the south shore of Kauai.

The property is an exceptional opportunity for the Buyer who seeks multiple structures for family, friends or rental income. Consider the options of owning a 3 bedroom + 2 bath home with 2 car covered carport, lanai and spacious yard as well as an adjacent 2 bedroom + 2 bath home with 1 car covered carport, expansive lanai and spacious yard area. Each home is private unto itself.

Keep the property as-is or consider dividing into 2 via a CPR.

Property Facts Home #1
Built in 1993
3 bedrooms + 2 baths
Valley Views and gracious yard area + shade house
1,152 square feet
Lanai
2 car carport
Storage
Air conditioned
Composition roof

Property Facts Home #2
New construction rehab completed 2021
2 bedrooms + 2 baths
Expansive Lanai
Garden views
720 square foot interiors
1 car carport
Solar hot water
Metal roof
Original Koloa Camp home restored per permits to like-new
Construction per plan and building permits
Certificate of Occupancy and Notice of Completion on file
Individual wastewater system specific to this home

Consult County regarding dividing into a CPR and adding an Additional Rental Unit.
Property is within the Opportunity Zone.

SHOWINGS ARE BY APPOINTMENT ONLY

Last Agent to Sell the Property

Hannah Sirois

COMPASS Brokerage Phone: 8086392367 License #RB-15263 Listed on: 07/08/2021

COMPASS

Last Buyer's Agent

Cassady Kruse

COMPASS License #RS-77715

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 1993

Lot Details

  • Property fronts a county road
  • Gentle Sloping Lot
  • Property is zoned R-2

Property Views

  • Pasture
  • Garden

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Laminate Flooring
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Attached Garage
  • 3 Carport Spaces

Utilities

  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Omao Homesteads Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 4270040500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,378

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: See Remarks
  • Road Frontage Type: HIS Road/Street
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: OMAO HOMESTEADS
  • Carport Spaces: 3.0
  • Unit Levels: One
  • Living Area: 1872.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1993
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Wireless
  • HIS_Easement: Other (remarks)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Flooring: Laminate

Exterior Features

  • Topography: Gentle Slope
  • View: Garden, Pasture
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-2
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4270040500000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4378.0
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jan 20, 2022
Sold by
Carolan Terence J and Carolan Joanna
Bought by
Wai Wai Properties Llc
Seller's Agent
Hannah Sirois
COMPASS
Buyer's Agent
Cassady Kruse
COMPASS
List Price
$1,475,000
Sold Price
$1,258,750
Premium/Discount to List
-$216,250
-14.66%
Current Estimated Value
$1,740,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,572
Avg. Annual Appreciation
8.68%
Original Mortgage
$881,125
Outstanding Balance
$813,229
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$927,093

Purchase Details

Listed on
Oct 19, 2018
Closed on
Jul 2, 2019
Sold by
Begonia Reuben J and Begonia Stella M
Bought by
Carolan Terence J and Carolan Joanna
Seller's Agent
Yvonne Summerfield
RE/MAX Honolulu - Kauai
List Price
$785,000
Sold Price
$665,000
Premium/Discount to List
-$120,000
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.18%

Purchase Details

Listed on
Oct 19, 2018
Closed on
Jun 28, 2019
Sold by
Mcbryde Sugar Company Llc
Bought by
Begonia Reuben J and Begonia Stella A
Seller's Agent
Yvonne Summerfield
RE/MAX Honolulu - Kauai
List Price
$785,000
Sold Price
$665,000
Premium/Discount to List
-$120,000
-15.29%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Begonia Fely A
Bought by
Begonia Fely A and Begonia Reuben J

Purchase Details

Closed on
Dec 19, 1993
Sold by
Begonia Juan Buenacillia and Begonia Fely A
Bought by
Begonia Juan B and Begonia Fely A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wai Wai Properties Llc $1,258,750 Title Guaranty & Escrow Servic
Wai Wai Properties Llc $1,258,750 Title Guaranty & Escrow Servic
Carolan Terence J -- Tg
Begonia Reuben J -- Tg
Begonia Fely A -- --
Begonia Juan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wai Wai Properties Llc $881,125
Closed Wai Wai Properties Llc $881,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2022 01/27/22 Sold $1,258,750 -14.7% $672 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,475,000 +121.8% $788 / Sq Ft
10/03/2019 10/03/19 Off Market $665,000 -- --
07/05/2019 07/05/19 Sold $665,000 -15.3% $577 / Sq Ft View Prior Sale
04/24/2019 04/24/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $785,000 -- $681 / 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 $7,503 $1,352,000 $829,300 $522,700
2024 $7,503 $1,329,500 $772,100 $557,400
2023 $6,711 $1,187,300 $629,100 $558,200
2022 $6,747 $1,075,600 $0 $0
2021 $4,668 $751,700 $0 $0
2020 $4,379 $703,900 $429,000 $274,900
2019 $4,259 $681,200 $429,000 $252,200
2018 $1,432 $465,100 $416,000 $49,100
2017 $1,432 $445,800 $428,500 $17,300
2016 $1,374 $427,000 $400,400 $26,600
2015 $703 $637,300 $0 $0
2014 $508 $593,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 651143

Hawaii Information Service (MLS Hawaii)

APN: 4-2-7-004-050-0000