NOT LISTED FOR SALE

4141 Lei O Papa Rd Unit 35 Princeville, HI 96722

Estimated Value: $1,356,000 - $2,059,000

3 Beds
3 Baths
1,815 Sq Ft
$803/mo HOA Fee

Last Sold October 29, 2021

Last sale price $1,150,000 $634 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,879/month

1 Day on Market

About This Home

As of October 2021

New to market, this is the LOWEST PRICED 3 bedroom VACATION RENTAL on the NORTH SHORE! This Villa is a modern 3 Bedroom 3 bath, and with one of the best locations in this private and gated community , it wont last long. Features include: Preferred Mokihana Layout with over 1800sq ft of living space, attached garage, 2 beautiful master suites with walk in closets, vaulted ceilings, air conditioning, beautiful and modern "wood look" ceramic tile throughout the upstairs living area, all stainless steel appliances, newer interior paint, and all new screens in every room. Villas Of Kamali'i is a gated community located in the heart of Princeville and has a heated salt water pool, a spa, and barbeque area for your enjoyment. Pool hours even go to 11pm! The Villas also has one of the lowest Home Owners Association fees on the north shore. Live here full time in your modern oasis, or stay for a few months or weeks. Take advantage of the excellent earnings with higher than ever demand and vacation rental income. July 2021 brought in over $12,000 in vacation rental income!

Last Agent to Sell the Property

Clayton Hurd

eXp Realty Brokerage Phone: 8086340695 License #RB-22679 Listed on: 08/17/2021

eXp Realty

Last Buyer's Agent

Lisa Larkin

Better Homes and Gardens Real Estate, Rainbow Island Properties License #RS-59606

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,542

Year Built

  • Built in 2002

Lot Details

  • 7.84

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,815 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property fronts a county road
  • Underground Utilities

Community Details

  • Villas Of Kamalii Community
  • Princeville Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4540060010035

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,542

Year Built

Built in 2002

Lot Details

0

HOA Fees

$803 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086340695
  • Co List Office Phone: 8665498527
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Living Area: 1815.0
  • Property Attached Yn: Yes
  • Year Built: 2002
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Ceramic Tile
  • Total Bathrooms: 3

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 802.61
  • Association Fee Frequency: Monthly
  • Project: VILLAS OF KAMALII

Lot Info

  • Zoning: R-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540060010035
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 25, 2021
Sold by
Morrison Ryan
Bought by
M & D Adams Properties Llc
Seller's Agent
Clayton Hurd
eXp Realty
Buyer's Agent
Lisa Larkin
Better Homes and Gardens Real Estate, Rainbow Island Properties
List Price
$1,099,000
Sold Price
$1,150,000
Premium/Discount to List
$51,000
4.64%
Current Estimated Value
$1,604,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,041
Avg. Annual Appreciation
10.83%
Original Mortgage
$810,000
Outstanding Balance
$746,612
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$960,447

Purchase Details

Closed on
May 15, 2019
Sold by
Bristow Jennifer
Bought by
Morrison Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Sabesan Caren Jill
Bought by
Genoa Scott Roy

Purchase Details

Closed on
May 19, 2008
Sold by
Wells Fargo Bank Na
Bought by
Genoa Scott Roy and Sabesan Caren Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2007
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 8, 2005
Sold by
Tom Michael D and Tom Marlene
Bought by
Magill Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
M & D Adams Properties Llc $1,150,000 Tg
Morrison Ryan -- Tg
Genoa Scott Roy $50,000 None Available
Genoa Scott Roy $665,000 Fam
Wells Fargo Bank Na $137,400 None Available
Magill Deborah E $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & D Adams Properties Llc $810,000
Previous Owner Morrison Ryan $575,000
Previous Owner Morrison Ryan $575,200
Previous Owner Genoa Scott Roy $590,000
Previous Owner Magill Deborah E $175,000
Previous Owner Magill Deborah E $62,000
Previous Owner Magill Deborah E $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Off Market $1,150,000 -- --
10/29/2021 10/29/21 Sold $1,150,000 +4.6% $634 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $1,099,000 +75.0% $606 / Sq Ft
08/10/2017 08/10/17 Off Market $628,000 -- --
05/11/2017 05/11/17 Sold $628,000 -10.2% $349 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
05/04/2016 05/04/16 For Sale $699,000 -- $388 / 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 $16,237 $1,498,200 -- $1,498,200
2024 $16,237 $1,420,200 -- $1,420,200
2023 $5,279 $1,171,300 $0 $1,171,300
2022 $5,279 $872,600 $0 $0
2021 $4,542 $750,800 $0 $0
2020 $4,605 $761,100 $0 $761,100
2019 $4,605 $711,200 $0 $711,200
2018 $6,407 $538,400 $0 $538,400
2017 $6,407 $724,000 $0 $724,000
2016 $6,184 $698,700 $0 $698,700
2015 $2,996 $677,100 $0 $0
2014 $4,560 $644,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 653343

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-006-001-0035