$985,000
SOLD MAR 5, 2015

5119 Hoona Rd Unit 2 Koloa, HI 96756

Poipu Neighborhood
2 Beds
1 Bath
926 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$1,064 Per Sq Ft

2% Below List Price

166 Days on Market

Highlights

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

About This Home

As of August 2020

Turtle Cove Cottage by the sea! This is the island hide-away that everyone dreams of…in the heart of Poipu right next to the ocean. Relax on the lanai and enjoy the ocean view, songs of the birds and the fragrance of tropical flowers.
This extremely popular vacation rental (TVR permitted) has just been beautifully renovated and is in top condition.
It is ideally located just one house off of the ocean next to "Baby Beach", and it's just a short stroll to some of the best snorkeling and surfing beaches in Poipu, oceanfront dining at the Beach House Restaurant, Kukui’ula Market and the new Shops at Kukui’ula (upscale shopping and dining). It doesn’t get better than this!

View the photos of this 2-bedroom cottage that is too cute for words!

Last Agent to Sell the Property

Rick Shaw

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8086390774 License #RB-13451 Listed on: 08/29/2014

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Rick Shaw

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8086390774 License #RB-13451 Listed on: 08/29/2014

Coldwell Banker Island Properties - Kauai

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Landscaped
  • Interior Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned R-8

Home Design

  • Double Stud Wall

Interior Spaces

  • 926 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Drapes & Rods
  • Blinds
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • ADA Compliant
  • Lanai

Community Details

  • Ayers Condominium Community
  • Kula Tract Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4260060050002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

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: Grassy, Interior Lot, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None, Smoke Detector(s)
  • Attribution Contact: 8086390774
  • Co List Office Phone: 8087427561
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KULA TRACT
  • Reso Interior Features: ADA Accessible, Enclosed Lanai, High Ceilings
  • Unit Levels: One
  • Living Area: 926.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1993
  • Tax Year: 2012
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Topography: Level
  • View: Ocean
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Cash, HIS Air Conditioning
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: AYERS CONDOMINIUM

Lot Info

  • Zoning: R-8
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4260060050002
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Jul 20, 2020
Sold by
Burroughs Beverly H
Bought by
Gorman Ronan O and Gorman Alexandra O
Seller's Agent
Vicki Agor
Poipu365, Inc.
Buyer's Agent
Vicki Agor
Poipu365, Inc.
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,814,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,464
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Jan 27, 2018
Sold by
Burroughs Beverly Hossler
Bought by
Burroughs Beverly H and Beverly H Burroughs Separate Property Tr

Purchase Details

Listed on
Aug 29, 2014
Closed on
Feb 27, 2015
Sold by
Souza Alan J and Souza Morgan
Bought by
Burroughs Beverly H and Beverly H Burroughs Separate Property Tr
Seller's Agent
Rick Shaw
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Rick Shaw
Coldwell Banker Island Properties - Kauai
List Price
$1,000,000
Sold Price
$985,000
Premium/Discount to List
-$15,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Aug 8, 2003
Sold by
Souza Alan J and Souza Morgan L
Bought by
Souza Alan J and Souza Morgan

Purchase Details

Closed on
May 31, 2001
Sold by
Rapozo Virginia A
Bought by
Souza Alan J and Souza Morgan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Warranty Deed $1,400,000 Tg
Interfamily Deed Transfer -- Fidelity Natl Title & Escrow
Interfamily Deed Transfer -- Fidelity Natl Title & Escrow
Warranty Deed $985,000 Or
Interfamily Deed Transfer -- --
Exchange Deed $478,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $999,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $392,000 New Conventional
Previous Owner $344,000 New Conventional
Previous Owner $355,000 Unknown
Previous Owner $382,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $1,400,000 0.0% $1,512 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $1,400,000 +42.1% $1,512 / Sq Ft
03/05/2015 03/05/15 Sold $985,000 -1.5% $1,064 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $1,000,000 -- $1,080 / 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 $18,322 $1,584,000 $1,370,500 $213,500
2024 $18,322 $1,597,600 $1,370,500 $227,100
2023 $16,782 $1,703,800 $1,370,500 $333,300
2022 $14,370 $1,458,900 $0 $0
2021 $11,764 $1,194,300 $0 $0
2020 $10,600 $1,076,100 $825,300 $250,800
2019 $10,600 $1,075,100 $825,300 $249,800
2018 $9,119 $1,064,500 $825,300 $239,200
2017 $9,119 $1,030,400 $891,400 $139,000
2016 $8,962 $1,012,700 $858,400 $154,300
2015 $3,647 $824,200 $0 $0
2014 $2,104 $701,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 276440

Hawaii Information Service (MLS Hawaii)

APN: 4-2-6-006-005-0002