NOT LISTED FOR SALE

45-315 Spencer Rd Honokaa, HI 96727

Estimated Value: $943,000 - $1,083,000

3 Beds
2 Baths
1,542 Sq Ft
$663/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $615,000 $399 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,409/month

102 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Corner Lot
  • Pool and Spa
  • Lanai
  • Gazebo

About This Home

As of March 2016

PRICE REDUCED TO $649,900. Beautiful plantation home located on a private secluded road with only 4 homes situated on one plus acre parcels in the historic town of Honoka'a. Views of ocean, pasture land and mature landscaping. This serene property features multiple lanai's including screened in lanai with views of ocean and landscaped areas. Rear yard has walkways leading to screened in gazebo, pond, spa as well as paths to various peaceful garden settings. Many mature fruit trees including, Mango, Lychee, Banana, Lemon, Avocado, Macadamia Nut, and Coconut Palms. The mature landscape features beautiful palms, cycads, bromeliads, and orchids throughout the gardens. Property is adjacent to a seasonal waterfall and ponds with soothing sounds of the rushing waters. Interior of home has original fir wood floors throughout with the exception of the two bathrooms that have tile flooring. Living room features built-in shelves and cabinets and free standing cast iron Jotul stove which flows into kitchen and dining area. Dining area has built in cabinet and shelves. Off the kitchen is the screened in lanai perfect for outdoor entertaining. There is a open deck off the screened in lanai with BBQ. The main bedroom, second bedroom and main bathroom have a door to separate from living area for privacy. Bedroom three has direct access to secondary bathroom. Spacious kitchen with plenty of storage and counter space including large chopping block. Previous listing data indicates that some improvements had been completed prior to 2005 which included bathrooms and kitchen. The lower basement level was improved without permit. The current owners indicated that a roof replacement had been completed subsequent to 04/21/2005 purchase.

Last Buyer's Agent

Dan Ishikawa

Hawaii Life License #RB-22585

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1939

Lot Details

  • Property fronts a private road
  • Property fronts an easement
  • Street terminates at a dead end
  • Landscaped
  • Corner Lot
  • Terraced Lot
  • Property is zoned A-1A

Property Views

  • Ocean
  • Pasture

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Drapes & Rods
  • Wood Flooring
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pool and Spa
  • Lanai
  • Gazebo

Utilities

  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Paalaea Lauka Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3450020530000

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • Road Frontage Type: HIS Pasture
  • ResoLotFeatures: Corner Lot, Dead End, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None, Smoke Detector(s)
  • Attribution Contact: 8056109317
  • Co List Office Phone: 8089871012
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PAALAEA - LAUKA
  • Reso Interior Features: Built-in Features, Enclosed Lanai
  • Living Area: 1542.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 1939
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • HIS_Easement: Ingress/Egress
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 3
  • Fireplace Features: Other, Wood Burning
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Flooring: Hardwood
  • Stories: 1
  • Total Bathrooms: 2
  • Design: Single Wall

Exterior Features

  • Topography: Terraced
  • View: HIS Sunrise, Ocean, Pasture
  • Pool Features: Pool/Spa Combo
  • Waterfront: No
  • Exterior Features: Lightning
  • Other Structures: Gazebo
  • Roads: Private

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Cesspool
  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3450020530000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 692.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Mar 14, 2016
Sold by
Vuono Judy and Warren Anne
Bought by
Smith Neil R
Buyer's Agent
Dan Ishikawa
Hawaii Life
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%
Current Estimated Value
$1,022,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,667
Avg. Annual Appreciation
5.49%
Original Mortgage
$922,500
Outstanding Balance
$735,806
Interest Rate
3.72%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$286,861

Purchase Details

Closed on
Apr 13, 2005
Sold by
Fredericks Robert and Murari Gianfranco
Bought by
Vuono Judy and Warren Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2000
Sold by
Fredericks Robert
Bought by
Fredericks Robert and Murari Gianfranco

Purchase Details

Closed on
Nov 4, 1997
Sold by
Hamakua Sugar Company Inc
Bought by
Fredericks Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Neil R -- Fam
Vuono Judy $730,000 --
Fredericks Robert $1,000 --
Fredericks Robert $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Neil R $922,500
Previous Owner Vuono Judy $335,000
Previous Owner Vuono Judy $260,000
Previous Owner Fredericks Robert $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2016 06/18/16 Off Market $615,000 -- --
03/18/2016 03/18/16 Sold $615,000 -12.0% $399 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $699,000 -- $453 / 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 $100 $588,300 $217,600 $370,700
2024 $100 $555,700 $198,100 $357,600
2023 $100 $530,700 $198,100 $332,600
2022 $100 $512,700 $180,100 $332,600
2021 $100 $458,300 $193,300 $265,000
2020 $100 $427,100 $167,300 $259,800
2019 $3,839 $410,600 $159,400 $251,200
2018 $2,143 $229,200 $132,800 $96,400
2017 $2,050 $219,200 $126,500 $92,700
2016 $483 $198,300 $126,500 $71,800
2015 -- $240,800 $181,500 $59,300
2014 -- $239,800 $181,500 $58,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 288714

Hawaii Information Service (MLS Hawaii)

APN: 3-4-5-002-053-0000