NOT LISTED FOR SALE

3924 Namakeha Loop Princeville, HI 96722

Estimated Value: $1,688,000 - $2,613,000

3 Beds
2 Baths
1,576 Sq Ft
$1,389/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $858,000 $544 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $13,333/month

57 Days on Market

Highlights

  • Ocean View
  • Waterfall on Lot
  • 1-Story Property
  • On Golf Course
  • Vaulted Ceiling
  • Level Lot

About This Home

As of June 2013

Melia Kai (translates roughly to tranquil ocean view in Hawaiian) is a single level 3BD/2BA home (and a current very booked vacation rental) with a sweeping view of the blue Pacific Ocean and cascading waterfalls of Mt. Namolokama. Located directly on the Princeville Makai golf course, this gem offers the owner or a visitor a wonderful opportunity to do just about everything - but is also a terrific place to do absolutely nothing!

Location, location, location! The tropical dream elements always combine views of the ocean, vast grass expanses of the golf course, mountain, waterfall, and sunsets views, and a special winter treat, Laysen Albatross mating dances and nesting areas. Melia Kai offers the best of these views, plus the luxurious amenities of the Princeville resort and the exotic remoteness of Kauai's north shore. Whether you enjoy these views from the spacious and very comfortable living area or on one of two decks totaling 760 sqft you know this home was built to enjoy, relax, and take in the beauty of island living.

Last Agent to Sell the Property

Donna Rice

Corcoran Pacific Properties Brokerage Phone: 8086512840 License #RB-17725 Listed on: 02/11/2013

Corcoran Pacific Properties

Last Buyer's Agent

Donna Rice

Corcoran Pacific Properties Brokerage Phone: 8086512840 License #RB-17725 Listed on: 02/11/2013

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1972

Lot Details

  • Property fronts a private road
  • On Golf Course
  • Level Lot
  • Grass Covered Lot
  • Property is zoned R-4

HOA Fees

  • $57 Monthly HOA Fees

Property Views

  • Ocean
  • Golf Course
  • Mountain

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Waterfall on Lot

Utilities

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

Community Details

  • Princeville Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 9
  • Assessor Parcel Number 4540070090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,911

Year Built

Built in 1972

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: Golf Course
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8086512840
  • Co List Office Phone: 8088267211
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Reso Interior Features: Vaulted Ceilings
  • Living Area: 1576.0
  • Property Attached Yn: No
  • Year Built: 1972
  • Tax Year: 2012
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall, Wood Frame

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 56.96
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540070090000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3911.0
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jun 13, 2013
Sold by
Kai Melia
Bought by
Feitelberg Peter H and Feitelberg Margaret C
Seller's Agent
Donna Rice
Corcoran Pacific Properties
Buyer's Agent
Donna Rice
Corcoran Pacific Properties
List Price
$922,000
Sold Price
$858,000
Premium/Discount to List
-$64,000
-6.94%
Current Estimated Value
$2,189,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,331,154
Avg. Annual Appreciation
7.89%
Original Mortgage
$557,700
Outstanding Balance
$371,615
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,817,539

Purchase Details

Closed on
Sep 12, 2005
Sold by
Kai Melia
Bought by
Mcclure John M and Mcclure Kathleen

Purchase Details

Closed on
Sep 9, 2005
Sold by
Mcclure John M and Mcclure Kathleen
Bought by
Kai Melia

Purchase Details

Closed on
Dec 28, 1999
Sold by
Calhoun Michael F and Mcclure John M
Bought by
Calhoun Michael F and Mcclure John M
Source: Public Records

Range of Values:

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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
Feitelberg Peter H $858,000 Or
Mcclure John M $10,000 Title Guaranty Of Hawaii Inc
Kai Melia $10,000 Tg
Calhoun Michael F -- --
Kai Melia $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feitelberg Peter H $557,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2013 06/19/13 Sold $858,000 -6.9% $544 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $922,000 -- $585 / 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 $21,545 $2,044,600 $1,604,300 $440,300
2024 $21,545 $1,871,900 $1,403,700 $468,200
2023 $16,279 $1,413,200 $1,102,900 $310,300
2022 $16,279 $1,652,700 $0 $0
2021 $12,918 $1,311,500 $0 $0
2020 $12,765 $1,295,900 $1,002,700 $293,200
2019 $11,543 $1,171,900 $842,200 $329,700
2018 $10,873 $1,103,900 $603,200 $500,700
2017 $9,556 $1,079,800 $563,000 $516,800
2016 $7,888 $891,300 $563,000 $328,300
2015 $3,949 $892,400 $0 $0
2014 -- $908,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 260828

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-007-009-0000