NOT LISTED FOR SALE

54-258 Lokahi Rd Kapaau, HI 96755

Estimated Value: $866,000 - $2,424,000

1 Bed
1 Bath
928 Sq Ft
$1,940/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $802,500 $865 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $10,168/month

67 Days on Market

Highlights

  • Ocean View
  • Slate Flooring
  • Grass Covered Lot
  • Vaulted Ceiling
  • 1-Story Property

About This Home

As of August 2012

Country living, Big Island style! This almost-oceanfront 29-acre parcel in North Kohala offers privacy, unobstructed ocean views, and a recently completed one-bedroom island-style residence.

Move right in while you build an estate home or enjoy a simple, sustainable lifestyle near the rural towns of Hawi and Kapaau. A cleared home site in the upper pasture features sweeping views of the ocean, perched above a deep gulch that offers view plane protection.

Zoned for agriculture: the lot has two fenced livestock pastures below the house and more than 400 trees, including a bearing fruit orchard.

An artist and a craftsman fashioned every detail of the cottage, from the vaulted ceilings finished in lauhala to the bamboo trim. A red metal roof, crank open windows and rugged Ohia posts reflect Kohala's rustic charm.

Enjoy the ocean view and solitude from a central covered lanai. On one side, a serving window connects the breezeway to the spacious and well-lit kitchen styled with antique stove and cabinets.

On the other side, pocket doors open to a comfy sitting room, with bedroom and bath beyond. Lie in bed and watch the moon rise over the ocean, silhouetting the distant palms.

The house is equipped with a photovoltaic system and connected to county and ag water.

This property was granted a special use permit for a camping retreat center that has just received a 5-year extension. A qualified buyer who wanted to follow through on that vision could take over the permit.

Small home and working farm? Large estate home with guest house or farm worker dwelling? Non-profit camp? With big views and big acreage, there is room for big dreams!

Last Agent to Sell the Property

Beth Thoma Robinson R(B) BIC

Hawaii Life Brokerage Phone: 8084434588 License #RB-20544 Listed on: 05/12/2012

Last Buyer's Agent

Beth Thoma Robinson R(B) BIC

Hawaii Life Brokerage Phone: 8084434588 License #RB-20544 Listed on: 05/12/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $565

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • Property fronts an easement
  • Wire Fence
  • Unpaved Streets
  • Grass Covered Lot
  • Property is zoned A-20A

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Ocean
  • Pasture
  • Mountain

Home Design

  • Double Stud Wall

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Drapes & Rods
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Range
  • Microwave

Flooring

  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating
  • Cesspool
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 3540090120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$565

Year Built

Built in 2004

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Wire
  • Road Frontage Type: HIS Pasture
  • ResoLotFeatures: Grassy, See Remarks
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8084434588
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Reso Interior Features: High Ceilings, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 928.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 2004
  • Tax Year: 2011
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: DSL
  • HIS_Easement: Cable, Electric, Ingress/Egress, Telephone, Water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile, Slate
  • Total Bathrooms: 1
  • Design: Double Wall

Exterior Features

  • Topography: Other (remarks)
  • View: Mountain(s), Ocean, Ocean Horizon, Other
  • Waterfront: No
  • Roads: Private, Unpaved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Cash, None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Electricity Available, Other, Phone Available, Sewer Connected, Water Available
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association Fee: 62.5
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-20A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3540090120000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 565.3
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2012
Closed on
Aug 13, 2012
Sold by
Sullivan Bernard and Sullivan Jennifer
Bought by
Christensen Jonathan Colin and Christensen Catherine Malia
Seller's Agent
Beth Thoma Robinson R(B) BIC
Hawaii Life
Buyer's Agent
Beth Thoma Robinson R(B) BIC
Hawaii Life
List Price
$889,000
Sold Price
$802,500
Premium/Discount to List
-$86,500
-9.73%
Current Estimated Value
$1,800,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,136
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Aug 15, 2008
Sold by
Sullivan Bernard and Sullivan Jennifer
Bought by
Acosta Jesse D and Acosta Kellie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Christensen Jonathan Colin $802,500 None Available
Acosta Jesse D -- Title Guaranty Escrow Svcs I
Sullivan Bernard -- Title Guaranty Escrow Svcs I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Bernard $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $802,500 -9.7% $865 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $889,000 -- $958 / 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 $3,523 $642,100 $21,900 $620,200
2024 $3,523 $376,800 $24,100 $352,700
2022 $3,237 $346,200 $18,300 $327,900
2021 $2,779 $297,200 $16,000 $281,200
2020 $2,740 $293,100 $17,400 $275,700
2019 $2,632 $281,500 $16,400 $265,100
2018 $2,548 $272,500 $16,400 $256,100
2017 $2,464 $263,500 $16,400 $247,100
2016 $2,366 $255,800 $16,400 $239,400
2015 -- $215,800 $16,400 $199,400
2014 -- $213,700 $16,100 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 254500

Hawaii Information Service (MLS Hawaii)

APN: 3-5-4-009-012-0000