NOT LISTED FOR SALE

Estimated Value: $1,716,000 - $2,798,000

6 Beds
4 Baths
2,202 Sq Ft
$954/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $1,279,500 $581 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $13,562/month

21 Days on Market

Highlights

  • Ocean Front
  • Corner Lot
  • Detached Garage
  • Vaulted Ceiling
  • Ground Level Unit
  • Built-In Features

About This Home

As of June 2016

REDUCED 100K for a QUICK SALE! TWO LEGAL TVR HOMES directly across from the Reef protected beach in Kapaa. This modular Vacation Rental will always provide the Owners with a place to stay and enjoy Kauai while they are on island. The entire property grossed approximately $75,000.00 in 2013 and it is configured for two to thirteen Guests. There are breathtaking scenic views of the ocean from all decks and porches, peaceful surroundings and ocean breezes. Located on “Baby Beach,” known for its protected swimming pools making it ideal for young bathers. It's also a popular windsurfing area. The sale includes all furnishings, appliances, and fixtures for both homes.

This wonderful Old Hawaiianna Style property has two homes situated on approximately 11,250 square feet of land directly across from the BEACH!

1. The Big Kahuna House was built in 1927 and is approximately 1,434 square feet and has FOUR bedrooms and THREE FULL baths. The layout is such that a two bedroom, two bath section of the home and kitchen can be"locked off" from the remainder of the Kahuna House to create "Hale Kuo", the two bed, two bath rental option. The Old Hawaiaana feeling emanates from this home with lava rock wall entry and screened in lanai. The Kitchen and baths have also been remodeled. There is a detached large two car garage for storage and Owner lock out.

2. The Love Shack House was built in 1991 and is approximately 768 square feet and has two bedrooms and one bath. The Love Shack faces the Sea and has amazing views of the Ocean. Leased through 3/31/16 for $1,800.00 a month plus utilities.

You’re not just buying a home, you’re buying a steady income stream. This property is an active vacation rental with TWO valid licenses adding considerably to the value. The sale includes a fully functioning website, including domain-specific email and an automated custom-built booking database

Last Agent to Sell the Property

Robb Wall

Reside Kauai, LLC Brokerage Phone: 8086354606 License #RB-21234 Listed on: 05/03/2016

Last Buyer's Agent

Ben Welborn

Hawaii Life License #RB-19358

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1927

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Landscaped
  • Corner Lot
  • Level Lot

Property Views

  • Ocean
  • Coastline

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Drapes & Rods
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Unassigned Parking

Location

  • Ground Level Unit

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Kapaa Town Lots Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 71
  • Assessor Parcel Number 4450020130000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Fencing: None
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Corner Lot, Landscaped, See Remarks
  • ResoSecurityFeatures: None
  • Attribution Contact: 8086354606
  • Co List Office Phone: 8088236523
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAPAA TOWN LOTS
  • Reso Interior Features: Built-in Features, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 2202.0
  • Reso Window Features: Drapes
  • Year Built: 1927
  • Tax Year: 2014
  • HIS_PoolYN: No
  • Unit Description: Ground Unit, No Unit Above or Below, Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_Easement: Electric, Water
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Flooring: Ceramic Tile
  • Total Bathrooms: 4
  • Design: Double Wall, Single Wall/Dbl Board

Exterior Features

  • Topography: Fairly Level
  • View: HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon, Other
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Detached, Other, Unassigned

Utilities

  • Cooling: Cash, HIS Air Conditioning, None, Wall/Window Unit(s)
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: O
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4450020130000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6195.0
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 12, 2016
Sold by
Elliott Edward L
Bought by
Qtr Kauai Llc
Seller's Agent
Robb Wall
Reside Kauai, LLC
Buyer's Agent
Ben Welborn
Hawaii Life
List Price
$1,299,900
Sold Price
$1,279,500
Premium/Discount to List
-$20,400
-1.57%
Total Days on Market
21
Current Estimated Value
$2,100,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,087
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 6, 2016
Sold by
Hale Natalie L
Bought by
Elliott Edawrd L
Seller's Agent
Robb Wall
Reside Kauai, LLC
Buyer's Agent
Ben Welborn
Hawaii Life
List Price
$1,299,900
Sold Price
$1,279,500
Premium/Discount to List
-$20,400
-1.57%

Purchase Details

Closed on
Dec 4, 2006
Sold by
Kauai Investment Llc
Bought by
Elliott Edward L and Hale Natalie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 2005
Sold by
Elliott Edward L and Hale Natalie L
Bought by
Kauai Investment Llc

Purchase Details

Closed on
Nov 17, 2003
Sold by
Tidwell Jeffrey L and Pangelina Michael A
Bought by
Hale Natalie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1999
Sold by
Mann Carver H
Bought by
Tidwell Jeffrey L and Pangelina Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
Qtr Kauai Llc $1,279,500 Tg
Elliott Edawrd L -- Tg
Elliott Edward L $1,000 Accommodation
Kauai Investment Llc -- --
Elliott Edward L -- --
Hale Natalie L $945,000 --
Tidwell Jeffrey L $465,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Edward L $727,000
Previous Owner Hale Natalie L $749,500
Previous Owner Tidwell Jeffrey L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $1,279,500 -1.6% $581 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $1,299,900 -- $590 / 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 $21,257 $1,830,700 $1,530,000 $300,700
2024 $21,257 $1,847,400 $1,530,000 $317,400
2023 $15,843 $1,608,400 $1,275,000 $333,400
2022 $13,111 $1,331,100 $0 $0
2021 $9,475 $961,900 $0 $0
2020 $8,384 $851,200 $612,000 $239,200
2019 $8,147 $827,100 $586,500 $240,600
2018 $8,145 $826,900 $586,500 $240,400
2017 $7,298 $824,600 $586,500 $238,100
2016 $13,804 $779,900 $537,600 $242,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 295460

Hawaii Information Service (MLS Hawaii)

APN: 4-4-5-002-013-0000