NOT LISTED FOR SALE

4-1070 Kuhio Hwy Unit 1 Kapa?a, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $1,262,000 - $1,325,370

3 Beds
1.5 Baths
1,336 Sq Ft
$969/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $1,220,000 $913 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,363/month

197 Days on Market

Highlights

  • Mountain View
  • Interior Lot
  • Masonry wall
  • Wood Flooring
  • 1-Story Property

About This Home

As of April 2024

Price lowered $100,000. Opportunity for the investor or a business owner. Real estate and busyness's are location, location and location. This property was home to one of the most successful Brokerages on Kauai for many years. It is a great location in central Kapaa, Kuhio Hwy offering highway frontage and 40,000 passers-by each week. The building, built in 1938, is an updated classic plantation style structure. It is located just two blocks from the ocean. It's Hawaiian style construction is an inviting and welcoming setting for off island and local clients. This property is qualified for dual use, commercial and residential. It qualifies for 4 additional residential units, while maintaining the commercial use permit for business purposes. This is the best of all worlds. The current building has been tastefully renovated for the provision of professional office services to the public. There are numerous open desk sites and 3 private offices, with a common conference room. There is a separate storage building for files and records. This is an ideal location for investment income, a home with multiple extra rental units, or a business owner and on-site residence with additional income. Great opportunity, many possibilities.

Last Agent to Sell the Property

Donald Pixler

eXp Realty Brokerage Phone: 8086359999 License #RB-20416 Listed on: 08/14/2023

eXp Realty

Last Buyer's Agent

Kacy Chatfield

Hawaii Resort Realty LLC License #RS-57256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 1938

Lot Details

  • Property fronts a state road
  • Property fronts an easement
  • Masonry wall
  • Interior Lot
  • Level Lot
  • Property is zoned R-20

Parking

  • Unassigned Parking

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kapaa Town Lots Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 4450030270000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,266

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Masonry
  • ResoLotFeatures: Interior Lot
  • ResoSecurityFeatures: None
  • Attribution Contact: 8086359999
  • Co List Office Phone: 8665498527
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAPAA TOWN LOTS
  • Unit Levels: One
  • Living Area: 1336.0
  • Property Attached Yn: No
  • Year Built: 1938
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 186
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • HIS_Easement: Electric, Sewer, Water
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: None
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Carpet, Hardwood
  • Total Bathrooms: 1
  • Design: Single Wall

Exterior Features

  • Topography: Level
  • View: Mountain(s)
  • Waterfront: No
  • Roads: Curbs/Gutters, Paved, State, Street Lights

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4450030270000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6266.0
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Apr 8, 2024
Sold by
Macdowell Edward John and Macdowell Charleen Naomi
Bought by
Ho Angel Tuyet Nga
Seller's Agent
Donald Pixler
eXp Realty
Buyer's Agent
Kacy Chatfield
Hawaii Resort Realty LLC
List Price
$1,450,000
Sold Price
$1,220,000
Premium/Discount to List
-$230,000
-15.86%
Total Days on Market
197
Views
4
Current Estimated Value
$1,294,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,457
Avg. Annual Appreciation
5.33%
Original Mortgage
$976,000
Outstanding Balance
$965,103
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$329,354

Purchase Details

Closed on
Aug 11, 2009
Sold by
Macdowell Edward John and Macdowell Charleen Naomi
Bought by
Macdowell Charleen Naomi

Purchase Details

Closed on
Jul 22, 2002
Sold by
Macdowell Edward John
Bought by
Macdowell Edward John and Macdowell Charleen Naomi

Purchase Details

Closed on
Jul 29, 1999
Sold by
Higuchi Donald H and Togikawa Jane M
Bought by
Macdowell Edward John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.47%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Ho Angel Tuyet Nga -- Old Republic Title
Macdowell Charleen Naomi -- None Available
Macdowell Edward John -- --
Macdowell Edward John $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Angel Tuyet Nga $976,000
Previous Owner Macdowell Edward John $300,000
Previous Owner Macdowell Edward John $150,000
Previous Owner Macdowell Edward John $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Off Market $1,220,000 -- --
04/12/2024 04/12/24 Sold $1,220,000 -15.9% $913 / Sq Ft
04/07/2024 04/07/24 Off Market $1,450,000 -- --
03/01/2024 03/01/24 For Sale $1,450,000 0.0% $1,085 / Sq Ft
02/24/2024 02/24/24 Price Changed $1,450,000 -11.6% $1,085 / Sq Ft
10/30/2023 10/30/23 Price Changed $1,640,000 -5.7% $1,228 / Sq Ft
10/25/2023 10/25/23 Price Changed $1,740,000 -0.6% $1,302 / Sq Ft
08/14/2023 08/14/23 For Sale $1,750,000 -- $1,310 / 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 $13,158 $820,500 $616,300 $204,200
2024 $13,158 $1,624,500 $1,406,300 $218,200
2023 $14,987 $1,594,400 $1,406,300 $188,100
2022 $6,266 $773,600 $0 $0
2021 $6,203 $765,800 $0 $0
2020 $5,802 $716,300 $552,500 $163,800
2019 $5,651 $697,700 $531,300 $166,400
2018 $5,640 $696,300 $531,300 $165,000
2017 $5,369 $662,900 $488,800 $174,100
2016 $4,539 $560,400 $467,500 $92,900
2015 $3,992 $492,900 $0 $0
2014 -- $492,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 703786

Hawaii Information Service (MLS Hawaii)

APN: 4-4-5-003-027-0000