NOT LISTED FOR SALE

Estimated Value: $1,542,000 - $1,991,000

4 Beds
3 Baths
2,922 Sq Ft
$598/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $780,000 $267 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $9,882/month

350 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • Grass Covered Lot

About This Home

As of April 2017

A truly unique opportunity along the desirable Hoea Road in North Kohala. This 6.8 acre sustainable estate features multiple dwellings, magnificent views of Maui, an expansive pasture, and gardens abundant with tropical fruits and flowers.

Designed with a tropical inspiration, the Main Home of the property boasts a uniquely Polynesian roof line over the second story great room. With open beams, high ceilings, Ohia posts, and generous covered lanais, the main residence is great to entertain. From the second story, fabulous views of the surrounding pasture land and Maui in the distance can be enjoyed. Downstairs are three bedrooms, bathroom, laundry room, and a storage room.

Other dwellings and out-buildings on the property include a cozy guest house, a photovoltaic storage building, a care-takers cottage, and additional 2,400 sqft home awaiting your inspiration and finishing touches. This additional dwelling is about 65% complete and is ready for doors, windows, wall finishes, kitchen, etc... Instant equity when it is complete! Like the other main buildings on the estate, it was thoughtfully designed by local architect John Wallis.

In the gardens one will find a wide variety of tropical fruits such as grapefruit, orange, lemons, limes, papaya, banana, coconuts, and mango. Irrigation is made affordable with agricultural use rates.

Whether your vision would be a large family compound, additional rental units, or an amazing property with a lot of elbow room, don't miss this opportunity to invest in an incredible vision.

Last Agent to Sell the Property

Jonathan Brooke

Kohala Brokers Brokerage Phone: 8089383679 License #RB-22236 Listed on: 03/17/2016

Last Buyer's Agent

Jonathan Brooke

Kohala Brokers Brokerage Phone: 8089383679 License #RB-22236 Listed on: 03/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Wire Fence
  • Level Lot
  • Grass Covered Lot
  • Property is zoned A-5A

Parking

  • Covered Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,922 Sq Ft Home
  • Ocean Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cesspool

Listing and Financial Details

  • Tax Lot 120-
  • Assessor Parcel Number 3550070250000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,579

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Fencing: Wire
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8089383679
  • Ownership: Full
  • MLS Status: S
  • Living Area: 2922.0
  • Year Built: 2005
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: Ocean
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Covered, Other

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3550070250000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2579.0
  • Tax Lot: 120-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Ho Ea Ohana Llc
Bought by
Fcis Llc
Current Estimated Value
$1,747,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,095
Interest Rate
4.38%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 29, 2017
Sold by
Landrus Kevin Douglas
Bought by
Hoea Ohana Llc

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
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 24, 2017
Sold by
Elliott Duane and Harper Melanie
Bought by
Landrus Kevin Douglas
Seller's Agent
Jonathan Brooke
Kohala Brokers
Buyer's Agent
Jonathan Brooke
Kohala Brokers
List Price
$1,200,000
Sold Price
$780,000
Premium/Discount to List
-$420,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Bartholomy Mark
Bought by
Elliott Duane and Harper Melanie

Purchase Details

Closed on
May 7, 2002
Sold by
Surety Kohala Corp
Bought by
Bartholomy Mark
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fcis Llc $999,000 Tg
Hoea Ohana Llc $780,000 None Available
Landrus Kevin Douglas $780,000 Tg
Elliott Duane $167,560 --
Bartholomy Mark $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fcis Llc $613,095
Closed Fcis Llc $613,095
Previous Owner Hoea Ohana Llc $350,000
Previous Owner Elliott Duane $60,000
Previous Owner Elliott Duane $250,000
Previous Owner Elliott Duane $550,000
Previous Owner Elliott Duane $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Off Market $780,000 -- --
04/28/2017 04/28/17 Sold $780,000 -35.0% $267 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
03/17/2016 03/17/16 For Sale $1,200,000 -- $411 / 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 $6,824 $754,700 $3,300 $751,400
2024 $6,824 $729,800 $3,300 $726,500
2023 $6,350 $679,100 $3,300 $675,800
2022 $6,350 $679,100 $3,300 $675,800
2021 $5,498 $588,000 $3,300 $584,700
2020 $5,390 $576,500 $3,300 $573,200
2019 $5,468 $584,800 $3,300 $581,500
2018 $5,289 $565,700 $3,300 $562,400
2017 $4,975 $532,100 $3,300 $528,800
2016 $4,829 $522,000 $3,300 $518,700
2015 -- $438,900 $3,300 $435,600
2014 -- $439,700 $3,300 $436,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 294026

Hawaii Information Service (MLS Hawaii)

APN: 3-5-5-007-025-0000