NOT LISTED FOR SALE

68-3890 Lua Kula St Unit 2505 Waikoloa, HI 96738

Estimated Value: $406,573 - $439,000

2 Beds
2 Baths
854 Sq Ft
$560/mo HOA Fee

Last Sold December 05, 2023

Last sale price $380,000 $445 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,215/month

26 Days on Market

About This Home

As of December 2023

This 2-bedroom, 2-bathroom condo is situated in the desirable Elima Lani complex in Waikoloa Village. With 854 square feet of living space, the floor plan at Elima Lani is thoughtfully laid out. The bedrooms are positioned on opposite ends of the unit, providing privacy and a spacious lanai.

This condominium is situated on the second floor and has retained its original condition. It has the potential to shine with a touch of restorative care. The condo is being offered in its current state, and there are tenants with a lease in place until December 31, 2023. Please note that the condo is being sold without furnishings. A pre-home inspection report is available upon request for interested buyers.

The condo complex offers a range of amenities, including two community pools and two hot tubs, providing the perfect spots to unwind and relax. The complex also has a resident manager on site, ensuring that any issues or concerns can be promptly addressed. It's important to note that short-term rentals are not permitted under the HOA regulations. Furthermore, pet owners will appreciate that pets are allowed, making this an excellent choice for animal lovers.

Elima Lani enjoys a convenient location just a short distance from the Waikoloa Village Highlands Center, post office, bank, restaurants, and golf course.

Last Agent to Sell the Property

Leeana Runningbear

Hawaii Life Brokerage Phone: 8087855581 License #RS-81594 Listed on: 10/28/2023

Hawaii Life

Last Buyer's Agent

Tanya Klett

Real Broker LLC License #RS-75364

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1988

Lot Details

  • 4.4

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 854 Sq Ft Home
  • Blinds
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Private Water Source
  • Phone Available
  • Cable TV Available

Community Details

  • Elima Lani Condominiums Community
  • Waikoloa Village Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 3680030380069

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,099

Year Built

Built in 1988

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8087855581
  • Co List Office Phone: 8006675028
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAIKOLOA VILLAGE
  • Living Area: 854.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1988
  • Tax Year: 2023
  • HIS_PoolYN: No
  • Unit Description: Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 560.0
  • Association Fee Frequency: Monthly
  • Project: ELIMA LANI CONDOMINIUMS

Lot Info

  • Zoning: RM-1.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3680030380069
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4098.51
  • Tax Lot: 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Nov 24, 2023
Sold by
Golembiewski Andrea Helen
Bought by
Wentzler Peter
Seller's Agent
Leeana Runningbear
Hawaii Life
Buyer's Agent
Tanya Klett
Real Broker LLC
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
29
Current Estimated Value
$419,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,893
Avg. Annual Appreciation
7.89%
Original Mortgage
$280,000
Outstanding Balance
$276,378
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$155,996

Purchase Details

Closed on
Jun 7, 2004
Sold by
Orr Thomas Michael
Bought by
Golembiewski Guy and Golembiewski Andrea Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2002
Sold by
Steadfast Ela Llc
Bought by
Orr Thomas Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.88%
Mortgage Type
FHA
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
Wentzler Peter -- None Listed On Document
Golembiewski Guy $185,000 --
Orr Thomas Michael $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wentzler Peter $280,000
Previous Owner Golembiewski Guy $113,400
Previous Owner Golembiewski Guy $148,000
Previous Owner Orr Thomas Michael $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Off Market $380,000 -- --
12/22/2023 12/22/23 Off Market $375,000 -- --
12/05/2023 12/05/23 Sold $380,000 +1.3% $445 / Sq Ft
10/05/2023 10/05/23 For Sale $375,000 -- $439 / 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 $4,399 $393,400 $22,500 $370,900
2024 $4,399 $376,000 $22,500 $353,500
2023 $4,099 $350,300 $22,500 $327,800
2022 $3,460 $295,700 $22,500 $273,200
2021 $2,771 $236,800 $22,500 $214,300
2020 $2,540 $217,100 $22,500 $194,600
2019 $2,354 $201,200 $22,500 $178,700
2018 $2,221 $189,800 $22,500 $167,300
2017 $1,983 $169,500 $22,500 $147,000
2016 $1,676 $154,500 $22,500 $132,000
2015 $1,188 $140,800 $22,500 $118,300
2014 $1,188 $122,900 $22,500 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 704773

Hawaii Information Service (MLS Hawaii)

APN: 3-6-8-003-038-0069