$9,950,000
SOLD JAN 14, 2022

5486 Weke Rd Hanalei, HI 96714

2 Beds
1.5 Baths
980 Sq Ft
0.32 Acres

Recently Sold

$10,153 Per Sq Ft

Highlights

  • Ocean Front
  • Landscaped
  • 2-minute walk to Hanelei Beach
  • 1-Story Property

About This Home

As of January 2022

sold before post

Last Agent to Sell the Property

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 03/03/2022

Last Buyer's Agent

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 03/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,546

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Landscaped

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Cable TV Available

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 21
  • Assessor Parcel Number 4550040040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,546

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Landscaped
  • Attribution Contact: 8086511777
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Unit Levels: One
  • Living Area: 980.0
  • Property Attached Yn: Yes
  • Year Built: 1975
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Graded
  • View: Mountain(s), Ocean
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: O
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550040040000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 66546.0
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Jan 10, 2022
Sold by
He K3 Llc
Bought by
5486 Weke Road Llc
Seller's Agent
Neal Norman
Hawaii Life
Buyer's Agent
Neal Norman
Hawaii Life
List Price
$9,950,000
Sold Price
$9,950,000
Current Estimated Value
$6,479,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,470,678
Avg. Annual Appreciation
-11.50%

Purchase Details

Listed on
Feb 6, 2018
Closed on
Jan 29, 2018
Sold by
Tri State Pacific Llc
Bought by
He K3 Llc
Seller's Agent
Neal Norman
Hawaii Life
Buyer's Agent
Neal Norman
Hawaii Life
List Price
$8,000,000
Sold Price
$7,550,000
Premium/Discount to List
-$450,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jun 21, 2016
Sold by
2671 Kauapea Road Llc
Bought by
Tri State Pacific Llc

Purchase Details

Closed on
Feb 14, 2014
Sold by
J Beach Llc
Bought by
2671 Kaupea Road Llc

Purchase Details

Closed on
Dec 24, 2012
Sold by
Tri State Pacific Llc
Bought by
Tri State Pacific Llc and J Beach Llc

Purchase Details

Closed on
Dec 29, 2009
Sold by
Tri State Associates
Bought by
Tri State Pacific Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2009
Sold by
Ayeroff Jeffrey and Longbine Marty
Bought by
Tri State Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 12, 2001
Sold by
Noble Housing Llc
Bought by
Ayeroff Jeffrey and Longbine Marty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 13, 2000
Sold by
Noble House Associates Llc
Bought by
Noble Housing Llc

Purchase Details

Closed on
Jul 6, 2000
Sold by
Anderson David C
Bought by
Noble House Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 27, 1998
Sold by
Malmstrom Anderson David C and Malmstrom Anderson Bodil
Bought by
Anderson David C and Revocable Trust Of David C Anderson
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 Type Sale Price Title Company
Warranty Deed -- Tg
Warranty Deed $7,550,000 Or
Special Warranty Deed $1,000 Accommodation
Warranty Deed $2,228,000 Or
Quit Claim Deed $1,000 Accommodation
Quit Claim Deed $1,000 Accommodation
Warranty Deed $3,650,000 Or
Exchange Deed $2,300,000 --
Quit Claim Deed $1,000 --
Warranty Deed $1,300,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,467,500 New Conventional
Previous Owner $1,850,000 Credit Line Revolving
Previous Owner $1,850,000 Credit Line Revolving
Previous Owner $413,000 Stand Alone First
Previous Owner $900,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Off Market $9,950,000 -- --
03/03/2022 03/03/22 For Sale $9,950,000 0.0% $10,153 / Sq Ft
01/14/2022 01/14/22 Sold $9,950,000 +31.8% $10,153 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
02/07/2018 02/07/18 Sold $7,550,000 -5.6% $7,704 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $8,000,000 -- $8,163 / 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 $127,105 $10,534,700 $10,344,400 $190,300
2024 $127,105 $10,547,500 $10,344,400 $203,100
2023 $100,687 $10,222,000 $8,275,500 $1,946,500
2022 $91,290 $9,268,000 $0 $0
2021 $66,546 $6,755,900 $0 $0
2020 $84,700 $8,599,000 $6,620,400 $1,978,600
2019 $84,700 $8,616,600 $6,344,600 $2,272,000
2018 $45,593 $5,466,800 $4,448,100 $1,018,700
2017 $45,593 $5,151,700 $4,448,100 $703,600
2016 $88,601 $5,005,700 $4,448,100 $557,600
2015 -- $3,546,800 $0 $0
2014 -- $3,247,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 648740

Hawaii Information Service (MLS Hawaii)

APN: 4-5-5-004-004-0000