NOT LISTED FOR SALE

5097 Weke Rd Hanalei, HI 96714

Estimated Value: $5,116,996 - $6,351,000

5 Beds
3 Baths
2,128 Sq Ft
$2,687/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $3,312,500 $1,557 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $35,519/month

8 Days on Market

About This Home

As of June 2019

Located directly across from Hanalei Bay, this 5 bedroom Permitted Vacation Rental enjoys ocean views and easy access to a life-guarded beach park. This successful and popular vacation rental has not changed ownership in over 30 years and is ready for a new owner to enjoy decades of vacation rental history along with the ultimate Hanalei location.

This home is warm and comfortable, fully furnished, and has a multi-level layout that provides ample space for larger groups. Recent improvements include landscape architecture, deck expansion and an upgraded septic system.

Set beneath lush green mountains with cascading waterfalls, Hanalei town is just a short walk or bike ride away from your backdoor. And outside of the front door sits Hanalei Bay which has been consistently referenced as one of the most beautiful places in the world to live. With its small town charm and raw rich beauty that surrounds you at every stop, it is easy to understand why.

Last Agent to Sell the Property

Amy Frazier

Hawaii Life Brokerage Phone: 8086399011 License #RB-23453 Listed on: 04/22/2019

Last Buyer's Agent

Michael Schmidt

Bali Hai Realty, Inc. License #RB-15755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,519

Year Built

  • Built in 1976

Lot Details

  • Property fronts a county road
  • Property is zoned R-4

Parking

  • Covered Parking

Interior Spaces

  • 2,128 Sq Ft Home
  • Carpet

Kitchen

  • Indoor Grill
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Underground Utilities
  • Septic Tank

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot A-6
  • Assessor Parcel Number 4550100310000

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,519

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8086399011
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Living Area: 2128.0
  • Property Attached Yn: No
  • Year Built: 1976
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Indoor Grill, Microwave, Range Hood, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Flooring: Carpet
  • Total Bathrooms: 3

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550100310000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 21519.0
  • Tax Lot: A-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 24, 2019
Sold by
Moran Terrance J and Moran Daniel T
Bought by
Larson Eric and Mccullough Natalie
Seller's Agent
Amy Frazier
Hawaii Life
Buyer's Agent
Michael Schmidt
Bali Hai Realty, Inc.
List Price
$3,595,000
Sold Price
$3,312,500
Premium/Discount to List
-$282,500
-7.86%
Current Estimated Value
$5,718,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,406,499
Avg. Annual Appreciation
9.43%
Original Mortgage
$2,570,000
Outstanding Balance
$2,244,887
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,474,112

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 21, 2019
Sold by
Moran Hawaii Llc
Bought by
Moran Terrance J and Moran Daniel T
Seller's Agent
Amy Frazier
Hawaii Life
Buyer's Agent
Michael Schmidt
Bali Hai Realty, Inc.
List Price
$3,595,000
Sold Price
$3,312,500
Premium/Discount to List
-$282,500
-7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Outstanding Balance
$2,244,887
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,474,112

Purchase Details

Closed on
May 22, 2006
Sold by
Moran Edwin Terrance
Bought by
Moran Hawaii Llc

Purchase Details

Closed on
Dec 29, 2000
Sold by
Moran Edwin Terrence
Bought by
Moran Callen Jennifer M and Moran Callen Sophie

Purchase Details

Closed on
Mar 17, 1999
Sold by
Moran Elizabeth L
Bought by
Moran Edwin Terrance and Moran Family Trust
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
Larson Eric $3,312,500 Tg
Moran Terrance J $10,000 Tg
Moran Hawaii Llc $1,300,000 None Available
Moran Callen Jennifer M -- --
Bernardy Stephanie A -- --
Moran Mark C -- --
Moran Terrence J -- --
Herrera Lisa M -- --
Moran Daniel T -- --
Moran Matthew P -- --
Moran Terrence J -- --
Moran Edwin Terrance -- First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Eric $2,570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $3,312,500 -7.9% $1,557 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $3,595,000 -- $1,689 / 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 $47,204 $4,056,300 $3,388,400 $667,900
2024 $47,204 $3,998,300 $3,288,700 $709,600
2023 $36,128 $4,915,600 $3,219,900 $1,695,700
2022 $36,128 $3,667,800 $0 $0
2021 $27,767 $2,819,000 $0 $0
2020 $27,751 $2,817,400 $2,039,300 $778,100
2019 $25,616 $2,600,600 $1,931,900 $668,700
2018 $17,206 $2,184,700 $1,824,600 $360,100
2017 $17,206 $1,944,200 $1,609,900 $334,300
2016 $17,355 $1,961,000 $1,395,300 $565,700
2015 -- $1,786,100 $0 $0
2014 -- $1,858,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 627240

Hawaii Information Service (MLS Hawaii)

APN: 4-5-5-010-031-0000