NOT LISTED FOR SALE

68-1778 Paakea St Waikoloa, HI 96738

Estimated Value: $962,000 - $1,370,000

2 Beds
2.5 Baths
1,728 Sq Ft
$629/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $751,000 $435 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,635/month

4 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Air Conditioning
  • In Ground Pool
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of January 2020

Looking for your Big Island forever dream home with a pool, ocean and mountain view? Or for an alternative to a Resort condo as a second home/vacation rental? This Waikoloa Village home may be the perfect solution. Not only is it tastefully furnished for a turnkey sale, it is one of only approximately 8-Waikoloa Village homes permitted as a Short-Term Vacation Rental under the new Hawaii County requirements.
Contemporary kitchen offers a granite clad island, an induction cooktop and stainless-steel appliances. Stacking full-sized front-loading washer and dryer is conveniently tucked at the interior end. Engineered Bamboo floors, wood trimmed windows and doors, recessed plus tray lighting add to the ambiance of this Island Style design. Quality craftsmanship is displayed throughout the finishes and the furnishings.

Junior and Master suite floors are covered in beautiful Travertine tile. Both open to the pool area and the ocean view. Updated baths include walk-in showers, organized closets, tile, granite topped double sink vanities. One of the on-demand water heaters is for these bathrooms, the second supplies the kitchen with endless immediately hot water.

Expansive pool deck is surrounded by a lava rock wall. The elevated location insures private moments around the pool. There is a convenient half bath off the pool deck. You'll find you won't want to leave! Imagine hosting sunset soiree's with family and friends, you can bet your home will leave quite an impression.
To top off the many accolades this home has, it also has 22-panel fully owned photovoltaic solar system that keeps utility costs low. Fujitsu quiet air conditioning within the bedrooms will keep you cool on hot days you don't find yourself in the pool at a very low cost thanks to the solar power. There is even a level gravel filled driveway located on the west side of the property that can accommodate a boat. Low maintenance landscaping keeps you out the yard and in the pool!

Last Agent to Sell the Property

Karen Bail

Corcoran Pacific Properties Brokerage Phone: 8089364640 License #RB-16072 Listed on: 10/28/2019

Corcoran Pacific Properties

Last Buyer's Agent

Forrest Arnold

eXp Realty License #RB-19948

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1990

Lot Details

  • Cul-De-Sac
  • Stone Wall
  • Corner Lot
  • Level Lot
  • Property is zoned RS-10

Parking

  • Covered Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Air Conditioning
  • Underground Utilities
  • Private Water Source
  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Waikoloa Village Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 253
  • Assessor Parcel Number 3680110350000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Corner Lot, Cul-De-Sac
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089364640
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIKOLOA VILLAGE
  • Unit Levels: One
  • Living Area: 1728.0
  • Property Attached Yn: No
  • Year Built: 1990
  • Tax Year: 2019
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Topography: Level,Terraced
  • View: Bay, HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, In Ground
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: HIS Air Conditioning
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3680110350000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1351.16
  • Tax Lot: 253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Dec 4, 2019
Sold by
Bell Rodrick Grant and Bell Pamela
Bought by
Jones John and Jones Deborah
Seller's Agent
Karen Bail
Corcoran Pacific Properties
Buyer's Agent
Forrest Arnold
eXp Realty
List Price
$749,000
Sold Price
$751,000
Premium/Discount to List
$2,000
0.27%
Current Estimated Value
$1,087,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,480
Avg. Annual Appreciation
6.77%
Original Mortgage
$224,000
Interest Rate
3.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2011
Sold by
Adams Ralph William and Clark Karen Ann
Bought by
Bell Rodrick Grant and Bell Pamela

Purchase Details

Closed on
Oct 18, 2005
Sold by
Aloha Seven Development Corp
Bought by
Adams Ralph William and Clark Karen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Malasek Vojtech A and Malasek Mikiko A
Bought by
Aloha Seven Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 1998
Sold by
Kinpou Seni Corp
Bought by
Malasek Vojtech and Malasek Mikiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Jones John $751,000 Fnt
Bell Rodrick Grant $325,000 Or
Adams Ralph William $650,000 --
Aloha Seven Development Corp $470,000 --
Malasek Vojtech $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones John $528,500
Closed Jones John $150,900
Closed Jones John $224,000
Closed Jones John $448,200
Previous Owner Adams Ralph William $520,000
Previous Owner Aloha Seven Development Corp $465,000
Previous Owner Malasek Vojtech $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Off Market $751,000 -- --
04/14/2020 04/14/20 Off Market $751,000 -- --
01/15/2020 01/15/20 Sold $751,000 +0.3% $435 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $749,000 -- $433 / 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 $9,056 $866,100 $291,400 $574,700
2024 $9,056 $815,900 $271,200 $544,700
2023 $8,241 $742,400 $235,800 $506,600
2022 $3,100 $624,100 $154,900 $469,200
2021 $2,988 $605,900 $154,900 $451,000
2020 $6,628 $597,100 $154,900 $442,200
2019 $1,351 $399,600 $79,700 $319,900
2018 $1,294 $388,000 $79,700 $308,300
2017 $1,362 $376,700 $76,600 $300,100
2016 $1,307 $365,700 $70,200 $295,500
2015 -- $355,000 $70,200 $284,800
2014 -- $344,700 $64,100 $280,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 622302

Hawaii Information Service (MLS Hawaii)

APN: 3-6-8-011-035-0000