NOT LISTED FOR SALE

59-112 Umaumalei Place Kamuela, HI 96743

Estimated Value: $2,895,000 - $4,795,000

0.65 Acre
$5,410,169 Price per Acre
28,314 Sq Ft Lot

Last Sold June 09, 2014

Last sale price $1,122,500

Est. 213% increase in value since last sale

Current estimated payment $20,372/month

311 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Gentle Sloping Lot

About This Lot

As of June 2014

SELLER'S FINANCING AVAILABLE.
This is the most elevated oceanfront lot at Kohala Waterfront and affords the clearest Unobstructed view up and down the coast ; perfect location for your private residence or quiet sanctuary.
Access nearby to champion golf courses, restaurants, shopping, hotel amenities and spa.

Last Agent to Sell the Property

Harold Clarke

MegaCapital Hawaii Corp Brokerage Phone: License #RB-21622 Listed on: 06/25/2013

Last Buyer's Agent

James Allison

Hawaii Life License #RS-44468

Hawaii Life

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,055

Lot Details

  • Waterfront
  • Property fronts a private road
  • Gentle Sloping Lot
  • Property is zoned RM-4

Property Views

  • Ocean
  • Coastline

Utilities

  • Underground Utilities

Community Details

  • Kohala Waterfront Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 3590160270000

Property Details

Property Type

Land

Est. Annual Taxes

$10,055

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • ResoLotFeatures: See Remarks
  • Attribution Contact: 2820689
  • Co List Office Phone: 8083292601
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KOHALA WATERFRONT
  • Tax Year: 2012
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Waterfront: Yes
  • Roads: Paved, Private

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RM-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3590160270000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10055.0
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
May 27, 2014
Sold by
Romero John P and Romero Georgia N
Bought by
Friedman Robert Frank and Friedman Sharon Lavon
Seller's Agent
Harold Clarke
MegaCapital Hawaii Corp
Buyer's Agent
James Allison
Hawaii Life
List Price
$1,395,000
Sold Price
$1,122,500
Premium/Discount to List
-$272,500
-19.53%
Current Estimated Value
$3,516,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,394,110
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Feb 9, 2005
Sold by
Dinoto Thomas D
Bought by
Romero John P and Romero Georgia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 14, 2000
Sold by
Kohala Waterfront Joint Venture
Bought by
Dinoto Thomas D and Thomas Di Noto Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
9%
Mortgage Type
Commercial
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
Friedman Robert Frank $1,122,500 Title Guaranty Escrow Svcs I
Romero John P $1,526,400 --
Dinoto Thomas D $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero John P $400,000
Previous Owner Dinoto Thomas D $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2014 06/09/14 Sold $1,122,500 -19.5% --
05/02/2014 05/02/14 Pending -- -- --
06/25/2013 06/25/13 For Sale $1,395,000 -- --
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 $14,528 $2,731,300 $1,017,000 $1,714,300
2024 $13,779 $2,651,700 $1,017,000 $1,634,700
2023 $14,542 $2,574,500 $1,017,000 $1,557,500
2022 $14,265 $2,499,500 $922,000 $1,577,500
2021 $13,017 $2,426,700 $922,000 $1,504,700
2020 $13,382 $2,356,000 $880,800 $1,475,200
2019 $13,450 $2,367,000 $937,500 $1,429,500
2018 $14,040 $2,462,900 $1,041,700 $1,421,200
2017 $11,563 $1,041,700 $1,041,700 $0
2016 $11,302 $1,041,700 $1,041,700 $0
2015 -- $1,041,700 $1,041,700 $0
2014 -- $1,002,400 $1,002,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 264757

Hawaii Information Service (MLS Hawaii)

APN: 3-5-9-016-027-0000