NOT LISTED FOR SALE

5-7130 Kuhio Hwy Unit M3 Hanalei, HI 96714

Estimated Value: $489,000 - $760,000

2 Beds
2 Baths
850 Sq Ft
$1,250/mo HOA Fee

Last Sold November 17, 2017

Last sale price $400,000 $471 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,169/month

66 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Laundry Facilities
  • Waterfront
  • End Unit
  • Carpet

About This Home

As of November 2017

If you dream about living at the beach in the Old Hawaii style, there are few options on Kauai. Kauai has been discovered and is being gentrified. Built in 1969, Hanalei Colony Resort has its original 53 low rise condos sited to enjoy ocean, garden, stream and/or mountain views on four Kanaha Beach acres. Recently updated, the pool is spiffy, the hot tub and BBQs enjoyable and the community laundry appreciated. Its private wastewater treatment system is new. Unit M-3 is the 2nd home of a Mainland professional couple who use it exclusively for family and friends and to personally "unwind" and "re-energize". It has no rental history though the resort itself is an appreciated destination for discriminating travelers. Vacation & long term rentals are permitted for this unit. The sellers chose this top floor, back of the property corner unit for its privacy, tradewinds and jungle beauty, then upgraded the flooring with bamboo and tile and refurnished the 2-bedroom, 2-bath condo with new island furniture. Listed as "unfurnished", it also can be sold "turnkey/fully furnished" if the new owner wants it immediately available as a vacation rental investment. The room-sized lanai has breaks in the jungle for a slight view of the ocean & a peek of the looming pali. An auwai flows below the lanai.
Away from any urban hubbub, Hanalei Colony Resort is 4 miles from Hanalei Town's music, restaurants, shopping & water activities. Golf, tennis, equestrian & zipline activities are on the other side of the Hanalei Bridge. It is minutes from the Na Pali trail head, sunsets at Ke'e Beach, snorkeling at Makua/Tunnels, windsurfing & fishing. You are seconds from shelling, beach-combing, whale watching, Mah Jongg with neighbors, a spa treatment, a great cup of coffee and a splurge at an award-winning restaurant. Sunsets are spectacular!
There is no other place on Kauai like the Far North Shore and Hanalei Colony Resort is its only condo complex. This dream can come true.

Last Agent to Sell the Property

SW Bunyan

Aloha Sotheby's Intl Realty - Kaua'i Brokerage Phone: 8086348122 License #RS-57881 Listed on: 08/14/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,487

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Property fronts a county road
  • End Unit

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Garden Apartment
  • Double Stud Wall

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Garden Views

Kitchen

  • Convection Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Upper Level
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4580110270052

Community Details

Overview

  • Hanalei Colony Resort Community
  • Wainiha Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,487

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: Sandy Beach
  • ResoLaundryFeatures: Common Area
  • Attribution Contact: 8086348122
  • Co List Office Phone: 8088267272
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAINIHA
  • Unit Levels: Two
  • Living Area: 850.0
  • Property Attached Yn: Yes
  • Reso Window Features: Window Coverings
  • Year Built: 1969
  • Tax Year: 2015
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit, Garden, High Floor Unit, Single Level, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Other, Range Hood, Refrigerator, Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • View: Garden
  • Pool Features: In Ground, Outdoor Pool
  • Waterfront: Yes
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Sewer: Waste Treatment System
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1250.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: HANALEI COLONY RESORT

Lot Info

  • Zoning: RR
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4580110270052

Tax Info

  • Tax Annual Amount: 3487.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
Ekstrom Richard L
Bought by
Ekstrom Richard L and Richard L Ekstrom Living Trust
Current Estimated Value
$649,474

Purchase Details

Listed on
Aug 14, 2017
Closed on
Nov 1, 2017
Sold by
Simpson Neil Scott and Simpson Gina Lynn
Bought by
Ekstrom Richard L and Richard L Ekstrom Living Trust
Seller's Agent
SW Bunyan
Aloha Sotheby's Intl Realty - Kaua'i
List Price
$405,000
Sold Price
$400,000
Premium/Discount to List
-$5,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Nov 18, 2009
Sold by
Sv Trio Hawaii 9 Llc
Bought by
Simpson Md Neil Scott and Simpson Gina Lynn

Purchase Details

Closed on
Mar 27, 2007
Sold by
Phillips Karen
Bought by
Sv Trio Hawaii 9 Llc

Purchase Details

Closed on
Aug 11, 2006
Sold by
Butterworth Kent David and Butterworth Barbara Kristina
Bought by
Phillips Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,250
Interest Rate
6.56%
Mortgage Type
Unknown
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
Ekstrom Richard L -- Tg
Ekstrom Richard L $400,000 Tg
Simpson Md Neil Scott $365,000 Tg
Sv Trio Hawaii 9 Llc $1,000 None Available
Phillips Karen $447,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Karen $335,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2024 11/29/24 Off Market $400,000 -- --
11/17/2017 11/17/17 Sold $400,000 -1.2% $471 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $405,000 -- $476 / 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 $5,673 $531,100 -- $531,100
2024 $5,673 $502,000 -- $502,000
2023 $4,584 $465,400 $0 $465,400
2022 $4,061 $412,300 $0 $0
2021 $3,801 $385,900 $0 $0
2020 $3,315 $336,500 $0 $336,500
2019 $1,989 $328,700 $0 $328,700
2018 $3,710 $376,600 $0 $376,600
2017 $3,241 $366,200 $0 $366,200
2016 $3,379 $381,800 $0 $381,800
2015 $1,744 $394,100 $0 $0
2014 $2,535 $435,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 609397

Hawaii Information Service (MLS Hawaii)

APN: 4-5-8-011-027-0052