$489,000
SOLD FEB 19, 2015

5-7130 Kuhio Hwy Unit K2 Hanalei, HI 96714

Wainiha Neighborhood
2 Beds
2 Baths
850 Sq Ft
$1,045/mo HOA Fee

Recently Sold

$575 Per Sq Ft

1% Below List Price

50 Days on Market

Highlights

  • Beach Front
  • Pool and Spa
  • Level Lot
  • Ocean View
  • Home fronts a stream
  • Carpet

About This Home

As of December 2020

This ground floor oceanview 2 bedroom, 1.75 bath unit is located at the remote section of the only beachfront condominium project of the north shore of Kauai. Separated from the resort by a walking bridge over a seasonal stream, unit K-2 enjoys unique seclusion next to the ocean. Here, multiple ocean views and sounds of surf surround your senses just steps away from the white sand beach, pool, and BBQ area. Hanalei Colony Resort offers an incredible oceanfront experience on the gorgeous north shore of Kauai at a fraction of the cost of home ownership. Come see why the owners love the only resort condominiums that will ever be outside of Princeville Resort. This property is sold furnished, turn-key, and priced below County assessed value for a quick sale.

Last Agent to Sell the Property

Michael Schmidt

Bali Hai Realty, Inc. Brokerage Phone: 8086526000 License #RB-15755 Listed on: 09/10/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1969

Lot Details

  • Home fronts a stream
  • Beach Front
  • Property fronts a state road

HOA Fees

  • $1,045 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Double Stud Wall

Interior Spaces

  • 850 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Pool and Spa
  • In Ground Pool

Utilities

  • Underground Utilities
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Hanalei Colony Resort Community
  • Wainiha Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4580110270043

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,945

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,045 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach, Stream/Canal
  • Attribution Contact: 8086526000
  • Co List Office Phone: 8088267244
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAINIHA
  • Living Area: 850.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2014
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: None, Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: In Ground, Pool/Spa Combo
  • Waterfront: Yes
  • Roads: Paved, State

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Cash
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1045.0
  • Association Fee Frequency: Monthly
  • Project: HANALEI COLONY RESORT

Lot Info

  • Zoning: RR
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4580110270043
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3945.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Dec 23, 2020
Sold by
Gilbert Michele A Hollyfield
Bought by
Riggs Carol
Seller's Agent
Michael Schmidt
Bali Hai Realty, Inc.
Buyer's Agent
Billy Eckert
COMPASS
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Current Estimated Value
$723,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,803
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Mar 18, 2020
Sold by
Wheeler Bryan Alton
Bought by
Gilbert Michele A Hollyfield

Purchase Details

Listed on
Sep 10, 2014
Closed on
Jan 6, 2015
Sold by
Fisher Kamalii Llc
Bought by
Wheeler Bryan Alton and Gilbert Michelle A Hllyfield
Seller's Agent
Michael Schmidt
Bali Hai Realty, Inc.
List Price
$495,000
Sold Price
$489,000
Premium/Discount to List
-$6,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$342,300
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2006
Sold by
Thompson William and Thompson Nancy Helen
Bought by
Fisher Kamalii Llc

Purchase Details

Closed on
Sep 16, 2002
Sold by
Marotta Alfred Edmond
Bought by
Thompson William and Thompson Nancy Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.16%
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 Type Sale Price Title Company
Deed $465,000 Tg
Interfamily Deed Transfer -- Tg
Deed $489,000 Tg
Deed $640,000 None Available
Deed $285,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,300 New Conventional
Previous Owner $228,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Off Market $465,000 -- --
12/30/2020 12/30/20 Sold $465,000 -6.1% $547 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $495,000 +1.2% $582 / Sq Ft
02/19/2015 02/19/15 Sold $489,000 -1.2% $575 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $495,000 -- $582 / 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 $7,582 $627,900 -- $627,900
2024 $7,582 $671,000 -- $671,000
2023 $5,519 $560,300 $0 $560,300
2022 $4,757 $482,900 $0 $0
2021 $4,484 $455,200 $0 $0
2020 $3,671 $372,700 $0 $372,700
2019 $3,671 $388,600 $0 $388,600
2018 $3,836 $393,800 $0 $393,800
2017 $3,836 $433,500 $0 $433,500
2016 $3,513 $397,000 $0 $397,000
2015 $1,810 $409,100 $0 $0
2014 $3,080 $445,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 276875

Hawaii Information Service (MLS Hawaii)

APN: 4-5-8-011-027-0043