NOT LISTED FOR SALE

3895 Punahele Rd Princeville, HI 96722

Estimated Value: $2,286,000 - $2,586,000

3 Beds
3 Baths
2,913 Sq Ft
$818/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,750,000 $601 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $15,675/month

Highlights

  • Waterfall on Lot
  • Cathedral Ceiling
  • Ceramic Tile Flooring
  • Mountain View
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of October 2021

3895 Punahele Road in Princeville is a super spacious residence where the owners have created a colorful living Tiki Bar that's extremely popular with their vacation rental guests.

Iki Nui's living area has 2-story vaulted ceiling featuring exposed truss architectural detail. A large separate dining area with built-in cabinets, a kitchen with a walk-in pantry and a windowseat breakfast nook. There are three bedrooms and two bathrooms on the lower level, including a principal ensuite with a big tub and private lanai. The loft space is over 1,000 sqft and features a sleeping area, office space, third bath and generous sunset lanai. The off-street garage is larger than average and has lots of open beam storage. The backyard is lush and private.

Inside & out, Iki Nui is a rare delight where the south pacific vibe resonates throughout and the owners are including a majority of the collectible furnishings so you can keep the party going. The central locale is nine lots from the Queens Bath tidal pools, the Makai Golf Course is a short stroll as is Hideaways Beach sunset overlook and the 1 Hotel Hanalei Bay, scheduled to open Summer 2022.

3895 Punahele Road is a departure from the typical and traditional residences in Princeville; which is what attracted the Sellers in the first place - they took it to the next level and tiki'd out the space creating a refreshingly festive environment where you feel right at home with an umbrella drink at pau hana taking in the sunset glow after a great day at Hanalei. Come experience Iki Nui firsthand...you'll be glad you did.

Last Agent to Sell the Property

Sean Ahearn

COMPASS Brokerage Phone: 8086526600 License #RB-21748 Listed on: 09/20/2021

COMPASS

Last Buyer's Agent

JJ Leininger

Hawaii Life License #RB-20438

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,663

Year Built

  • Built in 1979

Lot Details

  • Property fronts a private road
  • Level Lot
  • Property is zoned R-4

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Mountain Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Waterfall on Lot

Utilities

  • Underground Utilities
  • Private Water Source
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Princeville Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 56
  • Assessor Parcel Number 4540080080000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,663

Year Built

Built in 1979

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8086526600
  • Co List Office Phone: 8089131548
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Reso Interior Features: Cathedral Ceilings, High Ceilings
  • Unit Levels: Two
  • Living Area: 2913.0
  • Property Attached Yn: No
  • Year Built: 1979
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 3

Exterior Features

  • Topography: Fairly Level
  • View: HIS Sunset, HIS Waterfall, Mountain(s)
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 78.22
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540080080000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9663.0
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 9, 2021
Sold by
Meyer Richad W and Meyer Amy E
Bought by
Pequignot Sean and Pequignot Julita
Seller's Agent
Sean Ahearn
COMPASS
Buyer's Agent
JJ Leininger
Hawaii Life
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Current Estimated Value
$2,473,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,358
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Dec 18, 2013
Closed on
May 8, 2014
Sold by
Greenlee Neifert Deborah Jane Greenlee and Greenlee Germann Barbara
Bought by
Meyer Richard W and Meyer Amy E
Seller's Agent
Ruth Marvin
Corcoran Pacific Properties
Buyer's Agent
Sean Ahearn
COMPASS
List Price
$825,000
Sold Price
$795,000
Premium/Discount to List
-$30,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$596,250
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2002
Sold by
Greenlee Neifert Deborah Jane Greenlee and Greenlee Germann Barbara
Bought by
Greenlee Neifert Deborah Jane Greenlee and Greenlee Germann Barbara
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
Pequignot Sean $1,750,000 Tg
Meyer Richard W $795,000 Tg
Greenlee Neifert Deborah Jane Greenlee -- Tg
Greenlee Neifert Deborah Jane Greenlee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Richard W $596,250
Previous Owner Neifert Deborah Jane Greenlee $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $1,750,000 -7.7% $601 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,895,000 +138.4% $651 / Sq Ft
05/21/2014 05/21/14 Sold $795,000 -3.6% $273 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $825,000 -- $283 / 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 $23,242 $1,866,700 $1,143,400 $723,300
2024 $23,242 $2,016,300 $1,247,300 $769,000
2023 $17,890 $1,816,200 $935,500 $880,700
2022 $12,660 $1,285,300 $0 $0
2021 $9,664 $981,100 $0 $0
2020 $9,439 $958,300 $428,300 $530,000
2019 $9,439 $971,600 $407,900 $563,700
2018 $8,904 $861,700 $407,900 $453,800
2017 $8,904 $981,700 $387,500 $594,200
2016 $4,993 $789,600 $346,700 $442,900
2015 $5,020 $794,000 $0 $0
2014 $2,764 $787,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 653470

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-008-008-0000