NOT LISTED FOR SALE

4050 Oyama Rd Lawai, HI 96765

Estimated Value: $816,000 - $1,301,632

6 Beds
2.5 Baths
1,872 Sq Ft
$625/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $1,200,000 $641 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,847/month

269 Days on Market

Highlights

  • Tile Flooring
  • 1-Story Property
  • Level Lot

About This Home

As of August 2023

2 homes and a studio. The front house is vacant. The back house and studio are tenant occupied. Property is 24,824 square feet and zoned R-4. If you do the math, the numbers say that the property should be subdivideable. But as you know it takes more than just numbers to subdivide on Kauai. Check with your consultant to see if this project is feasible for you. If subdividable then each lot should qualify for an ADU for a total of 4 residences. The property is mostly if not all level. There are mature vibrant fruit trees. There are 2 separate driveways for the 2 houses.
48 hours needed to show for back house. Easy to see front house.

Last Agent to Sell the Property

Julie Black

Kauai Dreams Realty Brokerage Phone: 8086526174 License #RB-14203 Listed on: 09/19/2022

Last Buyer's Agent

Mike Liberatore

Coldwell Banker Island Properties - Kauai License #RS-71307

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1958

Lot Details

  • Property fronts a county road
  • Level Lot

Parking

  • Unassigned Parking

Home Design

  • Duplex

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Lawai Homesteads Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 4250040480000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,031

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub-Type: Duplex
  • Attribution Contact: 8086526174
  • Co List Office Phone: 8088227774
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: LAWAI HOMESTEADS
  • Unit Levels: One
  • Living Area: 1872.0
  • Year Built: 1958
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: HIS Resin Tile
  • Total Bathrooms: 2

Exterior Features

  • Topography: Level
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4250040480000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6031.0
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Aug 5, 2023
Sold by
Lawai Morse Llc
Bought by
Ekahi Lark Llc
Seller's Agent
Julie Black
Kauai Dreams Realty
Buyer's Agent
Mike Liberatore
Coldwell Banker Island Properties - Kauai
List Price
$1,600,000
Sold Price
$1,200,000
Premium/Discount to List
-$400,000
-25%
Current Estimated Value
$1,169,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,842
Original Mortgage
$960,000
Outstanding Balance
$942,032
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Morse Nadine and Vandehei Barbara
Bought by
Lawai Morse Llc
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
Ekahi Lark Llc -- Tge
Lawai Morse Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekahi Lark Llc $960,000
Previous Owner Iida Clayton Y $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2023 11/12/23 Off Market $1,200,000 -- --
08/14/2023 08/14/23 Sold $1,200,000 -25.0% $641 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
09/19/2022 09/19/22 For Sale $1,600,000 -- $855 / 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 $6,306 $1,055,300 $714,000 $341,300
2024 $6,306 $1,077,800 $714,000 $363,800
2023 $5,888 $1,001,100 $580,100 $421,000
2022 $6,032 $925,600 $0 $0
2021 $5,138 $777,900 $0 $0
2020 $4,832 $727,300 $329,000 $398,300
2019 $4,353 $648,100 $274,200 $373,900
2018 $3,660 $533,500 $260,500 $273,000
2017 $3,594 $522,700 $260,500 $262,200
2016 $3,625 $527,800 $274,200 $253,600
2015 -- $492,300 $0 $0
2014 -- $492,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 664997

Hawaii Information Service (MLS Hawaii)

APN: 4-2-5-004-048-0000