$479,000
SOLD JUN 1, 2012

69-1000 Kolea Kai Cir Unit 16J Waikoloa, HI 96738

2 Beds
2 Baths
1,270 Sq Ft
$1,312/mo HOA Fee

Recently Sold

$377 Per Sq Ft

40% Below List Price

638 Days on Market

Highlights

  • Penthouse
  • Outdoor Kitchen
  • Concrete Block With Brick
  • Gated Community
  • Community Kitchen
  • Air Conditioning

About This Home

As of December 2014

Desirable Kolea, at a short sale price.
Turnkey designer furnished if you wish, 3rd floor penthouse 2-bedroom villa at Kolea, the only beachfront condominium community on the Kohala Coast. Great vacation rental history! Owners will enjoy sliding back those pocket doors for real Hawaiian style indoor-outdoor living, enjoying peaceful Hualalai mountain views and even a peek of the ocean. A teak "summer kitchen" on the lanai with built in BBQ complements the kitchen with its African mahogany cabinets, granite countertops and top-of-the-line appliances. Other luxury finishes include crown moldings to set off those high ceilings, and travertine in the two beautifully appointed baths. The community's Beach Club has an infinity pool, work out room and catering kitchen. From there, a private path leads directly to the white sands of Anaehoomalu Bay "A Bay" for swimming, snorkeling, sunning or even surfing! The local canoe club paddles out each morning and the big sails of kitesurfers can often be seen flying overhead.Kolea is walking distance from the Kings Shops and Queens Marketplace and both the Hilton and Marriot hotels, meaning there are dozens of restaurants and shops at your doorstep. Tee off on either the Kings Course or Waikoloa Beach Course from the nearby clubhouse. Enjoy the true conveniences of resort living from your Kolea condo!
As a short sale, furniture is not included but may be purchased separately.

Last Agent to Sell the Property

Beth Thoma Robinson R(B) BIC

Hawaii Life Brokerage Phone: 8084434588 License #RB-20544 Listed on: 04/26/2010

Last Buyer's Agent

Beth Thoma Robinson R(B) BIC

Hawaii Life Brokerage Phone: 8084434588 License #RB-20544 Listed on: 04/26/2010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,897

Year Built

  • Built in 2003

HOA Fees

  • $1,312 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • 1,270 Sq Ft Home
  • Penthouse
  • Concrete Block With Brick

Kitchen

  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

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

Additional Features

  • Stacked Washer and Dryer
  • Outdoor Kitchen
  • Property fronts a private road
  • Interior Unit

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3690110190123

Community Details

Overview

  • Kolea Condo Villas Community
  • Kolea Subdivision

Amenities

  • Community Kitchen

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,897

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,312 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Community Kitchen
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Attribution Contact: 8084434588
  • Co List Office Phone: 8006675028
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KOLEA SUBDIVISION
  • Reso Interior Features: Elevator
  • Living Area: 1270.0
  • Property Attached Yn: Yes
  • Year Built: 2003
  • Tax Year: 2010
  • HIS_PoolYN: No
  • Unit Description: Inside Unit, Penthouse
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 152
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Stone
  • Total Bathrooms: 2
  • Design: Concrete

Exterior Features

  • Waterfront: No
  • Exterior Features: Outdoor Kitchen
  • Roads: Private

Garage/Parking

  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1311.67
  • Association Fee Frequency: Monthly
  • Project: Kolea Condo Villas

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3690110190123
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6897.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2016
Sold by
Martensen Kane Dagmar P and Kane Christopher B
Bought by
Martensen Kane Dagmar Petra and Kane Christopher Benedict
Current Estimated Value
$1,608,433

Purchase Details

Listed on
Oct 7, 2014
Closed on
Dec 12, 2014
Sold by
Ross Douglas S and Ross Laura M
Bought by
Martensen Kane Dagmar P
Seller's Agent
Harold Clarke
MegaCapital Hawaii Corp
Buyer's Agent
Erik Jacobson
COMPASS
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$540,000
Outstanding Balance
$419,595
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,105,072

Purchase Details

Closed on
Dec 15, 2011
Sold by
Aguilera Ronald and Aguilera Lori E
Bought by
Aguilera Ronald and Aguilera Lori E

Purchase Details

Closed on
Feb 23, 2007
Sold by
Centex Homes
Bought by
Aguilera Ronald and Aguilera Lori E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $675,000 Title Guaranty Escrow Svcs I
Deed $309,000 None Available
Condominium Deed $920,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Previous Owner $736,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $675,000 -3.4% $531 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $699,000 +45.9% $550 / Sq Ft
06/01/2012 06/01/12 Sold $479,000 -40.0% $377 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
04/26/2010 04/26/10 For Sale $798,000 -- $628 / 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 $15,059 $1,364,300 $206,500 $1,157,800
2024 $15,059 $1,287,100 $194,800 $1,092,300
2023 $15,059 $1,287,100 $194,800 $1,092,300
2022 $10,472 $895,000 $134,400 $760,600
2021 $8,561 $731,700 $134,400 $597,300
2020 $8,818 $753,700 $134,400 $619,300
2019 $8,818 $753,700 $134,400 $619,300
2018 $8,818 $753,700 $134,400 $619,300
2017 $8,562 $731,800 $134,400 $597,400
2016 $7,057 $650,400 $134,400 $516,000
2015 $7,225 $620,700 $134,400 $486,300
2014 $7,225 $568,200 $134,600 $433,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 233827

Hawaii Information Service (MLS Hawaii)

APN: 3-6-9-011-019-0123