NOT LISTED FOR SALE

59-403 Olomana Rd Kamuela, HI 96743

Estimated Value: $3,709,000 - $4,701,000

7 Beds
7 Baths
5,075 Sq Ft
$844/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $2,850,000 $562 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $26,171/month

95 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • Wood Flooring
  • Heated In Ground Pool
  • Recreation Room
  • High Ceiling

About This Home

As of March 2021

Enjoy incredible 180 degree ocean view spans of the entire South Kohala Coast to Haleakala Volcano on Maui. Views also include four of the five Big Island Volcano Mountains of Mauna Kea, Mauna Loa, Hualalai and Kohala. This upscale, contemporary, completely remodeled 7 bedroom 7 bath home consists of 5 bedrooms and 5 baths in the main house with a separate 2 bedroom 2 bath Ohana. There are two master suites and every bedroom has it's own private bathroom. In the main house they installed a new master shower, fresh paint, distressed bamboo flooring, wood ceilings, ceiling fans, lighting, appliances, gas stove, kitchen sink, quartz counter tops, all new faucets, new wet bar with sink, refrigerator and wine cooler. Off of the garage is a media/game room, office, or possible eighth bedroom. There is solar hot water in the main home. They installed a new salt water infinity edge pool that illuminates at night for a spectacular LED show, put in water saving landscape drip irrigation and over 250 ft. of new rock wall. In the Ohana they have granite counter tops, travertine & distressed bamboo flooring, travertine showers, DC fans, new appliances, faucets, and built in cabinets and work bench in it's own two car garage. Both homes have all LED lighting inside and out, a combination of 8 Lorex security cameras, Sunflex folding full wall doors that open up to the endless ocean views, new washer and dryers and new furniture. Interior doors are 8 ft. of solid wood. Enjoy the sounds of the whales breathing and breaching from Nov. to April. These two homes are located in the very desirable Heathers section of Kohala Ranch with year round sunshine and sunsets. It is located ten minutes from the best beaches, golf and resorts on the island. This is your perfect home office or corporate retreat away from home! Let Hawaii be your "safe place" this winter!

Square footage does not match old County records. Buyer an Buyers agent to do their own due diligence

Last Agent to Sell the Property

Donna Bowles

Better Homes and Gardens Real Estate Island Lifestyle Brokerage Phone: 8089601445 License #RB-21681 Listed on: 09/28/2020

Better Homes and Gardens Real Estate Island Lifestyle

Last Buyer's Agent

Mike Despard

Real Broker LLC License #RB-23016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,567

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • Property fronts a private road
  • Stone Wall
  • Wire Fence
  • Landscaped
  • Terraced Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned A-3A

HOA Fees

  • $272 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Concrete Block With Brick
  • Double Stud Wall

Interior Spaces

  • 5,075 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Track Lighting
  • Drapes & Rods
  • Blinds
  • Home Office
  • Recreation Room
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Gas Cooktop
  • Indoor Grill
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Heated In Ground Pool
  • Ground Level Unit

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 3590120110000

Community Details

Overview

  • Kohala Ranch Subdivision

Recreation

  • Putting Green

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,567

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$272 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: Putting Green
  • Reso Fencing: Stone, Wire
  • ResoLotFeatures: Cleared, Grassy, Landscaped
  • ResoSecurityFeatures: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Guard, Security System, Smoke Detector(s)
  • Attribution Contact: 8089601445
  • Co List Office Phone: 8088801290
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KOHALA RANCH
  • Reso Interior Features: High Ceilings, Office, Recreation Room, Track Lightning, Wet Bar
  • Unit Levels: One
  • Living Area: 5075.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Drapes
  • Year Built: 2007
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: Ground Unit, No Unit Above or Below, Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 930
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • HIS_Easement: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Gas Cooktop, HIS Microwave Hood, Indoor Grill, Oven, Refrigerator, Washer, Washer/Dryer Stacked, Wine Cooler
  • Total Bedrooms: 7
  • Full Bathrooms: 7
  • Flooring: Hardwood, Stone
  • Stories: 1
  • Total Bathrooms: 7
  • Design: Concrete, Double Wall, Remodeled

Exterior Features

  • Topography: Gentle Slope,Terraced
  • View: HIS Coastline, HIS Sunrise, HIS Sunset, Mountain(s), Ocean
  • Pool Features: Heated, In Ground, Outdoor Pool
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Covered

Utilities

  • Cooling: HIS Air Conditioning, Zoned
  • Heating: Zoned
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 272.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3590120110000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 19567.0
  • Tax Lot: 216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Mar 25, 2021
Sold by
Baker Paula Petrie and Estate Of Arthur Joseph Petrie
Bought by
Massey Ian J and Meadows Sally
Seller's Agent
Donna Bowles
Better Homes and Gardens Real Estate Island Lifestyle
Buyer's Agent
Mike Despard
Real Broker LLC
List Price
$3,300,000
Sold Price
$2,850,000
Premium/Discount to List
-$450,000
-13.64%
Current Estimated Value
$4,282,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432,960
Avg. Annual Appreciation
10.11%
Original Mortgage
$1,995,000
Outstanding Balance
$1,799,265
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,546,793

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 20, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Petrie Arthur Joseph and Feeney Richard Leo
Buyer's Agent
Carrie Nicholson
Kohanaiki Realty LLC
List Price
$1,378,000
Sold Price
$1,342,425
Premium/Discount to List
-$35,575
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.18%
Original Mortgage
$679,650
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2017
Sold by
Winborne Vaughan S
Bought by
Deutsche Bank National Trust

Purchase Details

Closed on
Oct 10, 2007
Sold by
Kleiman Gardner Darrell Alan and Kleiman Gardner Angela
Bought by
Gardner Family Llc

Purchase Details

Closed on
Mar 17, 2004
Sold by
Smallwood Dale
Bought by
Kleiman Gardner Darrell Alan and Kleiman Gardner Angela

Purchase Details

Closed on
Dec 6, 2002
Sold by
Weiser Evelyn May
Bought by
Smallwood Dale
Source: Public Records

Range of Values:

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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
Massey Ian J $2,850,000 Fam
Petrie Arthur Joseph $1,342,425 Fntic
Deutsche Bank National Trust $1,585,000 None Available
Gardner Family Llc $2,000,000 None Available
Kleiman Gardner Darrell Alan $391,000 --
Smallwood Dale $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Ian J $1,995,000
Previous Owner Petrie Arthur Joseph $679,650
Previous Owner Gardner Darrell Alan $150,000
Previous Owner Gardner Darrell Alan $1,000,000
Previous Owner Gardner Darrell A $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $2,850,000 -13.6% $562 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
09/28/2020 09/28/20 For Sale $3,300,000 +145.8% $650 / Sq Ft
04/24/2018 04/24/18 Sold $1,342,425 -2.6% $335 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $1,378,000 -- $344 / 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 $30,746 $3,513,400 $301,000 $3,212,400
2024 $30,746 $3,288,300 $301,000 $2,987,300
2023 $28,426 $3,040,200 $261,800 $2,778,400
2022 $28,420 $3,039,600 $261,200 $2,778,400
2021 $19,067 $2,039,200 $186,600 $1,852,600
2020 $19,568 $2,092,800 $288,000 $1,804,800
2019 $18,393 $1,967,200 $320,000 $1,647,200
2018 $18,836 $2,014,500 $307,700 $1,706,800
2017 $18,393 $1,967,200 $307,700 $1,659,500
2016 $17,740 $1,917,800 $287,500 $1,630,300
2015 -- $1,626,000 $287,500 $1,338,500
2014 -- $1,595,100 $256,600 $1,338,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 642870

Hawaii Information Service (MLS Hawaii)

APN: 3-5-9-012-011-0000