NOT LISTED FOR SALE

4141 Lei O Papa Rd Unit 31 Princeville, HI 96722

Estimated Value: $1,522,000 - $1,573,000

3 Beds
3 Baths
1,825 Sq Ft
$850/Sq Ft Est. Value

Last Sold June 05, 2014

Last sale price $655,000 $359 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $10,488/month

118 Days on Market

Highlights

  • Mountain View
  • 1 Car Attached Garage
  • Mini Split Air Conditioners
  • Wooded Lot
  • Gentle Sloping Lot

About This Home

As of June 2014

Villas of Kamalii, Princeville, is an upscale luxurious and tropically decorated, three bedroom, three bath Villa. The high vaulted ceilings, open split floor plan and large windows of this end, corner Villa provides a spacious living environment. The design affords lots of privacy with a large master bedroom suite downstairs, another master bedroom suite upstairs, plus a third bedroom at entry level that provides for 2-3 couples or a family to vacation without compromising on comfort and luxury. Both master bedrooms feature automatic air conditioners, king-sized beds, dual-vanity bathrooms, plenty of closet space, and small private lanai.

Panoramic mountain views that stretch towards the famous Na Pali coastline provide a dramatic background from both inside the unit or as you enjoy one of three outside lanais.

A short walk takes you to the Villa community swimming pool, hot tub, and barbeque area or the Makai Golf Club located across from the entrance to the Villas. Just a short drive is numerous beaches including the famous Hanalei Bay, restaurants, shopping, and lots of outdoor activities.

The Villa is fully furnished and is an active vacation rental.

Last Agent to Sell the Property

Donna Rice

Corcoran Pacific Properties Brokerage Phone: 8086512840 License #RB-17725 Listed on: 12/13/2013

Corcoran Pacific Properties

Last Buyer's Agent

JJ Leininger

Hawaii Life License #RB-20438

Hawaii Life

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Gentle Sloping Lot
  • Wooded Lot

HOA Fees

  • $624 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Mountain
  • Forest

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,825 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Mini Split Air Conditioners
  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Community Details

  • Villas Of Kamalii Community
  • Princeville Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4540060010031

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,439

Year Built

Built in 2002

Lot Details

0

HOA Fees

$624 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoLotFeatures: Wooded
  • Attribution Contact: 8086512840
  • Co List Office Phone: 8088267211
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Unit Levels: Two
  • Living Area: 1825.0
  • Property Attached Yn: Yes
  • Year Built: 2002
  • Tax Year: 2013
  • HIS_PoolYN: No
  • Unit Description: Townhouse
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Stories: 2
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Gentle Slope
  • View: Forest, Mountain(s)
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 624.27
  • Association Fee Frequency: Monthly
  • Project: VILLAS OF KAMALII

Lot Info

  • Zoning: R-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540060010031
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4439.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2013
Closed on
May 14, 2014
Sold by
Fong Kenneth N and Fong Sophia B
Bought by
Benjamin Mills Ami Chen and Benjamin Ben Naim Barukh
Seller's Agent
Donna Rice
Corcoran Pacific Properties
Buyer's Agent
JJ Leininger
Hawaii Life
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%
Current Estimated Value
$1,551,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,227
Avg. Annual Appreciation
8.55%
Original Mortgage
$491,250
Outstanding Balance
$377,882
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$1,265,118

Purchase Details

Closed on
Dec 22, 2003
Sold by
Qeb Ii Llc
Bought by
Fong Kenneth N and Fong Sophia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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
Benjamin Mills Ami Chen $655,000 Or
Fong Kenneth N -- Or
Fong Kenneth N $503,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Mills Ami Chen $491,250
Previous Owner Fong Kenneth N $512,000
Previous Owner Fong Kenneth N $483,750
Previous Owner Fong Kenneth N $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2014 06/05/14 Sold $655,000 -6.3% $359 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $699,000 -- $383 / 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 $16,940 $1,558,700 -- $1,558,700
2024 $16,940 $1,480,000 -- $1,480,000
2023 $11,742 $1,192,100 $0 $1,192,100
2022 $9,142 $929,000 $0 $0
2021 $7,957 $807,800 $0 $0
2020 $7,926 $804,700 $0 $804,700
2019 $7,485 $759,900 $0 $759,900
2018 $7,364 $747,600 $0 $747,600
2017 $6,477 $731,900 $0 $731,900
2016 $6,395 $722,600 $0 $722,600
2015 $3,103 $701,200 $0 $0
2014 $4,654 $668,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 268612

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-006-001-0031