NOT LISTED FOR SALE

5081 Weke Rd Hanalei, HI 96714

Estimated Value: $3,140,000 - $5,140,000

3 Beds
2 Baths
1,398 Sq Ft
$2,865/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $1,850,000 $1,323 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $24,043/month

386 Days on Market

Highlights

  • Ocean View
  • Wood Fence
  • Carpet
  • Detached Garage
  • Level Lot

About This Home

As of February 2015

SURFERS PARADISE IMMACULATE BEACH HOUSE! PRICED TO MOVE QUICKLY.

Weke Road on Hanalei Bay is a prime Kauai destination. 5081 Weke Road is one of the few homes offered for sale on this beach road, and is the most attractive on the market today. Ocean and mountain views and literally steps from the beach, here is why it is one of the best values in Hawaii.

* 2171 square feet of covered living area includes 1398 square feet in the main house and 773 square feet of exterior recreational area for barbecues gatherings or kicking back Kauai style.

*The 7511 square foot parcel is redwood fenced and secluded with a spacious front and back yard, overflowing with papaya, tangelo, orange, lemon, lime, and tangerine trees among lush tropical landscaping.

* This immaculate home has had but one owner for 38 years. Its condition reflects the love of living, and owning a piece paradise.

* Solar powered hot water heater

* A screened breezeway connects the main living area to stunning ocean views and sunsets from the master bedroom/bath en suite, which boasts a dressing room area that leads to a Jacuzzi tub, shower and bath.

*A spacious open beamed plantation style living room reinforces the good life on Hanalei Bay.

*A large downstairs bedroom is surrounded by tropicals along with scents of orange and lemon trees just outside its many windows.

* A third bedroom provides further space for family and guests.

* Living the Life on Hanalei Bay is second to none, and owning a piece of property on Weke Road allows you to do just that.

The owners are motivated sellers, and the home is priced competitvely for Hanalei Bay

Last Agent to Sell the Property

Carol Andrews

Hawaii Life Brokerage Phone: 8086526104 License #RB-17594 Listed on: 01/02/2014

Hawaii Life

Last Buyer's Agent

Carol Andrews

Hawaii Life Brokerage Phone: 8086526104 License #RB-17594 Listed on: 01/02/2014

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1976

Lot Details

  • Property fronts a county road
  • Wood Fence
  • Level Lot
  • Property is zoned R-4

Parking

  • Detached Garage

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 1,398 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Range<<rangeHoodToken>>
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Tax Lot A-4
  • Assessor Parcel Number 4550100290000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Wood
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8086526104
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Unit Levels: Two
  • Living Area: 1398.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1976
  • Tax Year: 2013
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Satellite, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Single Wall

Exterior Features

  • Topography: Level
  • View: HIS Sunset, Mountain(s), Ocean
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550100290000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3984.0
  • Tax Lot: A-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Feb 11, 2015
Sold by
Melamed Andrew S and Melamed Christine M
Bought by
Shardell Jeffrey A
Seller's Agent
Carol Andrews
Hawaii Life
Buyer's Agent
Carol Andrews
Hawaii Life
List Price
$2,295,000
Sold Price
$1,850,000
Premium/Discount to List
-$445,000
-19.39%
Current Estimated Value
$4,005,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,155,490
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Melamed Andrew Stephen and Melamed Christine Marie
Bought by
Melamed Andrew S and Melamed Christine M

Purchase Details

Closed on
Sep 3, 1996
Sold by
Melamed Andrew Stephen
Bought by
Melamed Andrew Stephen and Revocable Trust Of Andrew S Melamed
Source: Public Records

Range of Values:

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Average Value
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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
Shardell Jeffrey A $1,850,000 Or
Melamed Andrew S -- None Available
Melamed Andrew Stephen -- None Available
Melamed Andrew Stephen -- None Available
Melamed Andrew Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shardell Jeffrey A $625,500
Previous Owner Melamed Andrew S $500,000
Previous Owner Melamed Andrew Stephen $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $1,850,000 -19.4% $1,323 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/02/2014 01/02/14 For Sale $2,295,000 -- $1,642 / 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 $23,056 $3,307,700 $2,976,900 $330,800
2024 $23,056 $3,235,700 $2,889,300 $346,400
2023 $32,904 $3,487,700 $2,813,300 $674,400
2022 $25,415 $2,691,000 $0 $0
2021 $22,071 $2,335,200 $0 $0
2020 $21,815 $2,308,000 $1,781,800 $526,200
2019 $17,295 $2,133,600 $1,688,000 $445,600
2018 $11,438 $1,870,700 $1,594,200 $276,500
2017 $10,109 $1,651,000 $1,406,700 $244,300
2016 $10,626 $1,736,500 $1,219,100 $517,400
2015 -- $1,707,400 $0 $0
2014 -- $1,921,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 269558

Hawaii Information Service (MLS Hawaii)

APN: 4-5-5-010-029-0000