NOT LISTED FOR SALE

5451 Ka Haku Rd Unit 1 Princeville, HI 96722

Estimated Value: $1,297,000 - $1,765,000

2 Beds
2.5 Baths
1,244 Sq Ft
$735/mo HOA Fee

Last Sold May 05, 2021

Last sale price $993,000 $798 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,137/month

96 Days on Market

About This Home

As of May 2021

Location, location, location. Hanalei Bay Villas is one of the finest condo projects on Kauai. Unit 1 has been completely remodeled and had an amazing rental occupancy prior to Covid.
Desirable free-standing, 2-story villa. Relax outdoors and take in spectacular views. Located in a pristine setting with some of the finest views in Princeville, including Hanalei mountain and waterfall views surrounded by lush tropical landscaping.
Ipe Decks, Granite countertops, Custom Cabinets, and everything in between.
Newer roof installed end of May 2016.
Unit 1 is located directly across from beautiful Hideaways Beach, where you can swim with turtles and enjoy some of the best snorkeling on the island. It is located next do the world acclaimed Princeville Resort, where you can enjoy sunsets cocktails or dine overlooking Hanalei Bay and legendary Bali Hai. Play golf at top rated Makai Golf Course.

Last Buyer's Agent

James Pycha

RE/MAX Kauai - Princeville Office License #RB-15233

RE/MAX Kauai - Princeville Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1974

Lot Details

  • Property fronts a private road
  • No Unit Above or Below

HOA Fees

  • $735 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Mountain Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Private Water Source
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Hanalei Bay Villas Community
  • Princeville Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4540120030001

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,883

Year Built

Built in 1974

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoSecurityFeatures: None
  • Attribution Contact: 8086519463
  • Co List Office Phone: 8082455758
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Unit Levels: Two
  • Living Area: 1244.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1974
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: No Unit Above or Below
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • View: Mountain(s)
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 735.0
  • Association Fee Frequency: Monthly
  • Project: HANALEI BAY VILLAS

Lot Info

  • Zoning: RR-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540120030001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3883.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Apr 30, 2021
Sold by
Eltz August and Eltz Lori
Bought by
Petry Paul Damian and Paul Damian Petry Sr Trust
Buyer's Agent
James Pycha
RE/MAX Kauai - Princeville Office
List Price
$1,058,888
Sold Price
$993,000
Premium/Discount to List
-$65,888
-6.22%
Current Estimated Value
$1,621,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,228
Avg. Annual Appreciation
11.99%
Original Mortgage
$744,750
Outstanding Balance
$680,639
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$940,589

Purchase Details

Listed on
Jun 10, 2016
Closed on
Sep 23, 2016
Sold by
Schreier Russell D
Bought by
Eltz August and Eltz Lori
Seller's Agent
Robert Thompson
Reside Kauai, LLC
List Price
$620,000
Sold Price
$550,000
Premium/Discount to List
-$70,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Us Bank National Association
Bought by
Us Bank National Association

Purchase Details

Closed on
May 31, 2005
Sold by
Walker Larry E
Bought by
Walker Clinton M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1999
Sold by
Powell Michael A and Powell Valerie A
Bought by
Walker Larry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,375
Interest Rate
7.01%
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
Petry Paul Damian $993,000 Or
Eltz August $550,000 Or
Us Bank National Association $612,464 None Available
Walker Clinton M $700,000 --
Walker Larry E $233,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petry Paul Damian $744,750
Previous Owner Walker Clinton M $560,000
Previous Owner Walker Larry E $210,375
Closed Walker Clinton M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Off Market $993,000 -- --
05/05/2021 05/05/21 Sold $993,000 -6.2% $798 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $1,058,888 +92.5% $851 / Sq Ft
09/29/2016 09/29/16 Sold $550,000 -11.3% $442 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $620,000 -- $498 / 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 $7,033 $1,153,200 -- $1,153,200
2024 $7,033 $1,268,400 -- $1,268,400
2023 $9,403 $1,125,500 $0 $1,125,500
2022 $9,403 $942,400 $0 $0
2021 $4,963 $800,500 $0 $0
2020 $4,565 $734,700 $0 $734,700
2019 $4,445 $681,700 $0 $681,700
2018 $4,311 $632,000 $0 $632,000
2017 $4,311 $692,800 $0 $692,800
2016 $3,847 $616,000 $0 $616,000
2015 $1,942 $622,000 $0 $0
2014 $3,744 $601,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 644774

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-012-003-0001