NOT LISTED FOR SALE

5609 Honua Rd Unit 2 Kapaa, HI 96746

Estimated Value: $1,034,000 - $1,139,000

3 Beds
2 Baths
1,284 Sq Ft
$863/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $935,000 $728 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,377/month

9 Days on Market

About This Home

As of March 2022

There's No Place Like Home.
This home features a well laid out living space overlooking a picturesque valley. Distinctive design and the perfect
location to enjoy a relaxed easy lifestyle – you can have it all. Add the finishing touches to make this your own. Centrally located in Kapaa, beaches, parks, restaurants and shopping
are just minutes away.

Last Agent to Sell the Property

Carol Lopez

NextHome Pacific RE Brokerage Phone: 8086355704 License #RB-21460 Listed on: 01/10/2022

Last Buyer's Agent

Kacy Chatfield

Hawaii Resort Realty LLC License #RS-57256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,731

Year Built

  • Built in 2017

Lot Details

  • Property fronts a county road
  • Property is zoned R-4

Home Design

  • 1,284 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Gas Cooktop
  • Septic Tank

Community Details

  • Rainbow Valley Community
  • Kapaa Homesteads 4Th Series Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4460090100002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,731

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • Attribution Contact: 8086355704
  • Co List Office Phone: 8086355704
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAPAA HOMESTEADS 4TH SERIES
  • Living Area: 1284.0
  • Property Attached Yn: No
  • Year Built: 2017
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Cooktop, Range, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: RAINBOW VALLEY

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4460090100002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1731.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
Mar 4, 2015
Sold by
Dye John F
Bought by
Frakes Joshua Heath and Frakes Kathryn Autumn
Seller's Agent
Jimmy Johnson
RE/MAX Kauai - Princeville Office
List Price
$225,000
Sold Price
$150,000
Premium/Discount to List
-$75,000
-33.33%
Current Estimated Value
$1,108,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,085
Avg. Annual Appreciation
20.81%
Original Mortgage
$112,500
Outstanding Balance
$85,812
Interest Rate
3.57%
Mortgage Type
Unknown
Estimated Equity
$1,022,273

Purchase Details

Closed on
Jun 14, 2004
Sold by
Brooks Kevin K
Bought by
Foy Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
6.9%
Mortgage Type
Unknown
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
Frakes Joshua Heath $150,000 Or
Foy Linda $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frakes Joshua Heath $112,500
Previous Owner Foy Linda $526,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2022 03/29/22 Sold $935,000 +4.5% $728 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $895,000 +496.7% $697 / Sq Ft
03/11/2015 03/11/15 Sold $150,000 -33.3% -- View Prior Sale
12/19/2014 12/19/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $225,000 -43.8% --
06/28/2012 06/28/12 Sold $400,000 -38.3% $164 / Sq Ft View Prior Sale
10/05/2011 10/05/11 Pending -- -- --
04/09/2010 04/09/10 For Sale $648,000 -- $266 / 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 $5,742 $990,000 $650,700 $339,300
2024 $5,742 $1,014,000 $650,700 $363,300
2023 $5,513 $971,900 $550,600 $421,300
2022 $1,791 $676,500 $0 $0
2021 $1,731 $656,800 $0 $0
2020 $1,768 $668,800 $325,300 $343,500
2019 $1,595 $683,100 $289,900 $393,200
2018 $1,514 $544,300 $275,300 $269,000
2017 $1,514 $250,300 $250,300 $0
2016 $1,514 $250,300 $250,300 $0
2015 $757 $250,300 $0 $0
2014 $495 $250,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657411

Hawaii Information Service (MLS Hawaii)

APN: 4-4-6-009-010-0002