NOT LISTED FOR SALE

5115 Hoona Rd Unit 1 Koloa, HI 96756

Poipu Neighborhood

Estimated Value: $1,138,000 - $2,555,000

2 Beds
1 Bath
926 Sq Ft
$1,909/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $980,000 $1,058 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $11,310/month

5 Days on Market

Highlights

  • Ocean Front
  • Interior Lot
  • Ceramic Tile Flooring
  • High Ceiling
  • Air Conditioning
  • 2-minute walk to Prince Kuhio Park

About This Home

As of August 2014

Cute, cute, Coconut Cottage across the street from the ocean in Poipu. Imagine quiet evenings on the porch with gentle breezes, sweet rhythmic sounds of the ocean, and the scent of fragrant Plumeria in the air. This 2-bedroom, 1-bath, plantation-style bungalow has air conditioning and is near an access to the crystal blue waters of Baby Beach. A perfect spot to swim, snorkel, and relax in the sun.
Features:
*Ocean view
*Wrap-around lanai
*Upgraded kitchen and bath
*New appliances
*Fully furnished with a tropical flair
*Popular vacation rental
*Ocean sports, shopping and dining are just down the street.
A charming, tropical bungalow in one of the nicest beach communities on Kauai!

Last Agent to Sell the Property

Rick Shaw

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8086390774 License #RB-13451 Listed on: 05/28/2014

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Vicki Agor

Poipu365, Inc. License #RB-14560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,630

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Landscaped
  • Interior Lot
  • Level Lot
  • Property is zoned R-4

Property Views

  • Ocean
  • Bay

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 926 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Mini Split Air Conditioners
  • Underground Utilities
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Ayers Condominium Community
  • Kula Tract Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4260060050001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,630

Year Built

Built in 1993 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Interior Lot, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8086390774
  • Co List Office Phone: 8087427561
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KULA TRACT
  • Reso Interior Features: High Ceilings
  • Unit Levels: One
  • Living Area: 926.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1993
  • Tax Year: 2013
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 345
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Stories: 1
  • Total Bathrooms: 1
  • Design: Double Wall, Remodeled, Wood Frame

Exterior Features

  • Topography: Fairly Level,Graded,Level
  • View: Bay, Ocean
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: County, Paved

Utilities

  • Cooling: HIS Air Conditioning, HIS Individual Cooling
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: AYERS CONDOMINIUM

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4260060050001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 5630.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 16, 2014
Sold by
Weeks Stanley A
Bought by
Gorman Ronan O and Li Alexandra
Seller's Agent
Rick Shaw
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Vicki Agor
Poipu365, Inc.
List Price
$975,000
Sold Price
$980,000
Premium/Discount to List
$5,000
0.51%
Current Estimated Value
$1,767,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,862
Avg. Annual Appreciation
6.04%
Original Mortgage
$550,000
Outstanding Balance
$423,176
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,436,375

Purchase Details

Closed on
Aug 18, 2003
Sold by
Weeks Stanley Allen and Hougland Cynthia Jean
Bought by
Weeks Stanley A and Stanley A Weeks Trust

Purchase Details

Closed on
May 15, 2000
Sold by
Souza Emily H
Bought by
Weeks Stanley Allen and Hougland Cynthia Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gorman Ronan O $980,000 Tg
Weeks Stanley A -- --
Weeks Stanley Allen $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Ronan O $550,000
Previous Owner Weeks Stanley A $328,000
Previous Owner Weeks Stanley Allen $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $980,000 +0.5% $1,058 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $975,000 -- $1,053 / 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 $18,556 $1,601,800 $1,344,500 $257,300
2024 $18,556 $1,617,500 $1,344,500 $273,000
2023 $16,915 $1,717,300 $1,344,500 $372,800
2022 $14,337 $1,455,500 $0 $0
2021 $11,763 $1,194,200 $0 $0
2020 $10,602 $1,076,300 $789,300 $287,000
2019 $10,772 $1,093,600 $789,300 $304,300
2018 $10,880 $1,104,600 $789,300 $315,300
2017 $9,182 $1,037,500 $852,400 $185,100
2016 $8,932 $1,009,300 $820,800 $188,500
2015 $3,665 $828,200 $0 $0
2014 $1,481 $675,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 273964

Hawaii Information Service (MLS Hawaii)

APN: 4-2-6-006-005-0001