NOT LISTED FOR SALE

59-108 Lau Ipala Place Kamuela, HI 96743

Estimated Value: $921,000 - $1,241,000

0.52 Acre
$2,166,475 Price per Acre
22,651 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $740,000

Est. 53% increase in value since last sale

Current estimated payment $7,400/month

199 Days on Market

Highlights

  • Ocean Front
  • Cul-De-Sac
  • Level Lot

About This Lot

As of December 2020

Dramatic and Stunning Oceanfront Vistas. So close to the Ocean you can feel the ocean mist, hear the whales breathing during whale season, and watch the dolphins play. This almost oceanfront parcel is conveniently located in highly desirable Kohala Waterfront, a private, gated, oceanfront community of $2M-$5M Homes.

This lot is technically not ocean front, however, there are unobstructed oceanfront views and very close walking distance to the ocean. This parcel is shovel ready with a building permit in place, and architectural drawings that will be provided with an acceptable offer.

Incredible and ever-changing watercolor sunsets and ocean views to the Northwest looking towards Maui. Hear the whales singing and slapping their tales during the Winter, and watch pods of Spinner dolphins playing in Kai'opae Bay.

Kohala Waterfront has ocean access via public access trail to Kai'opae Bay and is a very short drive to one of the best white sandy beaches in the world, golf, paddling, tennis, and world class dining at the iconic Mauna Kea Resort. Kohala Waterfront is just 20 minutes to the artsy laid back town of Hawi to the North and all the best amenities of Waimea town to the East, including HPA and Parker schools, Queens Hospital and weekly farmers markets.

There has never been a better time to build your dream home at the ocean's front door . . .

Last Agent to Sell the Property

Karen Ferrara, MBA

COMPASS Brokerage Phone: 8088830094 License #RS-72752 Listed on: 03/28/2020

Last Buyer's Agent

Margery Mayo

Hapuna Realty License #RB-17852

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,013

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned RM-4

HOA Fees

  • $450 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Mountain

Utilities

  • Underground Utilities
  • Water Not Available
  • Private Water Source
  • Septic Tank
  • Sewer Not Available
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kohala Waterfront Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 3590160080000

Property Details

Property Type

Land

Est. Annual Taxes

$6,013

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Cleared, Cul-De-Sac
  • Attribution Contact: 8088830094
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KOHALA WATERFRONT
  • Tax Year: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, None, Wireless
  • HIS_Easement: Electric
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Paved, Private

Utilities

  • Sewer: None, Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Not Available
  • Water Source: None, Private

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RM-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3590160080000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6012.87
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
Dec 10, 2020
Sold by
Barger Jeffrey R and Barger Roberta K
Bought by
Sparrow James William and Sparrow Barbara Jean
Seller's Agent
Karen Ferrara, MBA
COMPASS
Buyer's Agent
Margery Mayo
Hapuna Realty
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Current Estimated Value
$1,134,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,763
Avg. Annual Appreciation
9.63%
Original Mortgage
$518,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2013
Closed on
Feb 3, 2014
Sold by
Yuan Angela L
Bought by
The Barger Family Trust
Seller's Agent
Stephen T. L. Hurwitz
Hawaii Life
Buyer's Agent
Stephen T. L. Hurwitz
Hawaii Life
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$400,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2002
Sold by
Declara Morrison Iii William S
Bought by
Yuan Angela L and Angela L Yuan Trust

Purchase Details

Closed on
Jan 23, 2001
Sold by
B C Exchange Corp
Bought by
Declara Morrison Iii William S and William S Morrison Iii Declaration Of Tr
Source: Public Records

Range of Values:

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Average Value
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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
Sparrow James William $740,000 Tg
The Barger Family Trust $585,000 None Available
Yuan Angela L $525,000 --
Declara Morrison Iii William S $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sparrow James William $518,000
Previous Owner The Barger Family Trust $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2021 03/14/21 Off Market $740,000 -- --
12/14/2020 12/14/20 Sold $740,000 -7.4% --
10/13/2020 10/13/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $799,000 +36.6% --
02/10/2014 02/10/14 Sold $585,000 -1.7% --
12/26/2013 12/26/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $595,000 -- --
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 $8,840 $796,400 $796,400 --
2024 $8,840 $796,400 $796,400 --
2023 $8,036 $724,000 $724,000 $0
2022 $6,703 $603,900 $603,900 $0
2021 $5,930 $534,200 $534,200 $0
2020 $5,650 $509,000 $509,000 $0
2019 $6,013 $541,700 $541,700 $0
2018 $6,681 $601,900 $601,900 $0
2017 $6,681 $601,900 $601,900 $0
2016 $6,531 $601,900 $601,900 $0
2015 -- $601,900 $601,900 $0
2014 -- $579,200 $579,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 638112

Hawaii Information Service (MLS Hawaii)

APN: 3-5-9-016-008-0000