NOT LISTED FOR SALE

5557 Weke Rd Hanalei, HI 96714

Estimated Value: $6,462,000 - $8,341,614

0.27 Acre
$28,116,807 Price per Acre
11,761 Sq Ft Lot

Last Sold December 23, 2013

Last sale price $1,700,000

Est. 347% increase in value since last sale

Current estimated payment $47,252/month

259 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • Grass Covered Lot

About This Lot

As of December 2013

This beautiful lot is located right by the world renowned Hanalei Bay, one of the worlds most beautiful beaches. Situated towards the end of the bay, where the road is private and there is no thru traffic, and far away from the public pavilions and hustle bustle of tourists. This lot offers views of the Namolokama mountains and waterfalls, the Waioli stream as it meanders thru a jungle of tropical foliage to meet the ocean, as well as the mesmerizing beauty of Hanalei Bay? This is an incredibly rare opportunity to own a Hanalei lot with incredible views and privacy. Come make this tropical paradise your home.

Last Agent to Sell the Property

Nathan Smith

Corcoran Pacific Properties Brokerage Phone: 8086519855 License #RB-20992 Listed on: 02/04/2013

Corcoran Pacific Properties

Last Buyer's Agent

Neal Norman

Hawaii Life License #RB-18048

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,664

Lot Details

  • Property fronts a private road
  • Level Lot
  • Grass Covered Lot

Property Views

  • Ocean
  • Mountain

Utilities

  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 4550050270000

Property Details

Property Type

Land

Est. Annual Taxes

$6,664

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8086519855
  • Co List Office Phone: 8088267211
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Tax Year: 2009
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level,Graded
  • View: Mountain(s), Ocean
  • Waterfront: No
  • Roads: Private

Utilities

  • Cooling: Cash
  • Sewer: None
  • Utilities: Cable Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-1
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550050270000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6664.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Dec 17, 2013
Sold by
Fankhauser Holdings Company Llc
Bought by
Waioli Barn Holdings Llc
Seller's Agent
Nathan Smith
Corcoran Pacific Properties
Buyer's Agent
Neal Norman
Hawaii Life
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Current Estimated Value
$7,591,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,891,538
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Fankhauser Kenneth Fred and Fankhauser Craig Bennet
Bought by
Fankhauser Holding Company Llc

Purchase Details

Closed on
Mar 7, 2005
Sold by
Webster Geoffrey Randolph
Bought by
Fankhauser Kenneth Fred and Fankhauser Craig Bennet
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
Waioli Barn Holdings Llc $1,700,000 Fam
Fankhauser Holding Company Llc $1,000 Accommodation
Fankhauser Kenneth Fred -- Multiple
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $1,700,000 -12.8% --
10/21/2013 10/21/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,950,000 -- --
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 $62,452 $7,393,800 $4,523,900 $2,869,900
2024 $62,452 $7,431,900 $4,390,800 $3,041,100
2023 $71,475 $7,596,100 $3,795,800 $3,800,300
2022 $57,880 $6,149,800 $0 $0
2021 $38,295 $4,066,300 $0 $0
2020 $13,474 $2,227,100 $2,003,400 $223,700
2019 $12,833 $2,121,200 $1,897,900 $223,300
2018 $0 $1,476,200 $1,476,200 $0
2017 $9,569 $1,581,600 $1,581,600 $0
2016 $8,293 $1,370,700 $1,370,700 $0
2015 $3,508 $1,159,800 $0 $0
2014 -- $866,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Smith

    Seller's Agent in 2013

    Nathan Smith

    Corcoran Pacific Properties

    (808) 651-9855

    111 Total Sales

    Nathan Smith
    Section Image

  • N

    Buyer's Agent in 2013

    Neal Norman

    Hawaii Life

    (808) 651-1777

    105 Total Sales

    Neal Norman
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 260825

Hawaii Information Service (MLS Hawaii)

APN: 4-5-5-005-027-0000

Hawaii Kauai County Hanalei 96714

5557 Weke Rd, Hanalei, HI

This home is located at 5557 Weke Rd, Hanalei, HI 96714 since 04 February 2013 and is currently estimated at $7,591,538. 5557 Weke Rd is a home located in Kauai County with nearby schools including Hanalei Elementary School, Kapa'a Middle School, and Kapa'a High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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