NOT LISTED FOR SALE

5380 Honoiki Rd Unit L28 Princeville, HI 96722

Estimated Value: $1,529,000 - $1,744,000

2 Beds
2 Baths
1,324 Sq Ft
$3,531/mo HOA Fee

Last Sold April 19, 2021

Last sale price $893,000 $674 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $13,632/month

300 Days on Market

About This Home

As of April 2021

THE WOW FACTOR HBR 6203/04

Straight on Bali Views from this second level two bedroom two bath 1324 square foot condo. The interior of the condominium is gorgeous with many upgrades. Upscale furniture. This is an active vacation rental and turnkey. Either continue to vacation rent, or make it your permanent home. This is a highly sought offer condominium by guests, who return to this unit year after year.

Three separate lanai's to watch amazing sunsets, whales and surfers from. There are two separate entrances, giving you flexibility and privacy with a locked door separation. Split system air conditioning.

Hanalei Bay Resort offers over 20 acres of amazing landscaping, tennis courts, swimming pools and hot tub. Path down to one of the best beaches on Kauai. HBR has a shuttle service down to the beach or at check in to help you with your luggage. Happy Talk Lounge for lunch and dinner with great food, service and views.

The HOA fees cover many amenities other associations do not provide. Some of the extras that are included are electric, television, internet and even phone.

Video Available upon request.

The information herein is provided without warranty or guaranty of any kind. Buyers shall independently verify all information related to the purchase pursuant to the Purchase Contract.

Last Agent to Sell the Property

Steve Latham

Aloha Sotheby's International - Kauai Brokerage Phone: 8083468775 License #RB-21374 Listed on: 04/20/2020

Aloha Sotheby's International - Kauai

Last Buyer's Agent

Steve Latham

Aloha Sotheby's International - Kauai Brokerage Phone: 8083468775 License #RB-21374 Listed on: 04/20/2020

Aloha Sotheby's International - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,312

Year Built

  • Built in 1975

Lot Details

  • 19

HOA Fees

  • $3,531 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,324 Sq Ft Home
  • Carpet

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Underground Utilities
  • Private Water Source

Community Details

  • Hanalei Bay Resort Community
  • Princeville Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4540110030040

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,312

Year Built

Built in 1975

Lot Details

0

HOA Fees

$3,531 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8083468775
  • Co List Office Phone: 8088267211
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Living Area: 1324.0
  • Property Attached Yn: Yes
  • Year Built: 1975
  • Tax Year: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, HIS Microwave Hood, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 3531.34
  • Association Fee Frequency: Monthly
  • Project: HANALEI BAY RESORT

Lot Info

  • Zoning: RR-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540110030040
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8312.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Apr 9, 2021
Sold by
Boswell Randy Paul and Zimmerman Thomas Roy
Bought by
Briskey Joseph Irving and Briskey Stephanie Wilde
Seller's Agent
Steve Latham
Aloha Sotheby's International - Kauai
Buyer's Agent
Steve Latham
Aloha Sotheby's International - Kauai
List Price
$1,095,000
Sold Price
$893,000
Premium/Discount to List
-$202,000
-18.45%
Current Estimated Value
$1,632,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,352
Avg. Annual Appreciation
15.52%
Original Mortgage
$585,000
Outstanding Balance
$534,686
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,097,666

Purchase Details

Closed on
Aug 19, 2005
Sold by
Boswell Randy Paul and Boswell Judy Kay
Bought by
Boswell Randy Paul and Zimmerman Thomas Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 9, 1999
Sold by
Zimmerman Thomas Roy and Zimmerman Sandra Lou
Bought by
Zimmerman Thomas Roy and Zimmerman Sandra Lou
Source: Public Records

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Range of Values:

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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
Briskey Joseph Irving $893,000 Tg
Boswell Randy Paul -- Accommodation
Zimmerman Thomas Roy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briskey Joseph Irving $585,000
Previous Owner Boswell Randy Paul $500,000
Previous Owner Boswell Randy Paul $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2021 07/18/21 Off Market $893,000 -- --
04/19/2021 04/19/21 Sold $893,000 -18.4% $674 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
04/20/2020 04/20/20 For Sale $1,095,000 -- $827 / 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 $17,254 $1,460,700 $191,700 $1,269,000
2024 $17,254 $1,506,700 $191,700 $1,315,000
2023 $10,237 $1,375,000 $191,700 $1,183,300
2022 $10,237 $1,039,300 $0 $0
2021 $8,781 $891,500 $0 $0
2020 $9,117 $925,600 $0 $925,600
2019 $9,117 $843,900 $0 $843,900
2018 $7,472 $870,700 $0 $870,700
2017 $7,472 $909,500 $0 $909,500
2016 $13,955 $788,400 $0 $788,400
2015 $4,880 $766,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 638446

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-011-003-0040