$3,100,000
SOLD MAY 1, 2024

69-1000 Kolea Kai Cir Unit 7E Waikoloa, HI 96738

3 Beds
3.5 Baths
2,147 Sq Ft
$3,002/mo HOA Fee

Recently Sold

$1,444 Per Sq Ft

13% Below List Price

Highlights

  • Ocean View
  • Outdoor Kitchen
  • Attached Garage
  • Gated Community
  • High Ceiling
  • Built-In Features

About This Home

As of May 2024

Kolea is the gem of the Waikoloa Beach Resort, and Kolea Villa 7E is a rare find within this spectacular development on the Big Island of Hawaii. It is the first time on the market for this front-row property, which has been very well-maintained by its original owners and has never been used as a vacation rental.
At 2,147 square feet of magnificent living space, the 3 bedroom, 3 1/2 bath Kolea 7E boasts all of the features that make Kolea condominiums so desirable. There are stone floors throughout the unit along with upscale carpeting in the master and second suites, a private lanai off of the master, African Mahogany cabinets and trim, Subzero & Viking stainless steel kitchen appliances, and a semi-private elevator which opens directly into the unit. The living and dining areas have been refurnished in the last year. For the ultimate in indoor/outdoor living, the 9’ retractable pocket doors in the main living space open up to the expansive lanai, with its outdoor kitchen and spectacular views of Anaeho’omalu Bay and the Hualalai volcano. Kolea 7E has a custom surround sound system in the living and lanai areas, allowing you to set your sunsets to the soundtrack of your choice.
The Kolea Beach Club is within close proximity to Kolea 7E, and is a treasure in its own right. Featuring an infinity pool, hot tub, and keiki (kid’s) pool with its own little beach and waterfall, Kolea Beach Club is directly linked to the sandy shores of the A-Bay, making Kolea the only beachfront property within the Waikoloa Beach Resort. The Beach Club also has a workout facility and two luxury guest hales. The guest hales are a unique feature of Kolea, and can be reserved for family and friends for special occasions.
The Waikoloa Beach Resort is the heart of the Kohala Coast, and features two upscale shopping centers, award-winning golf courses and a multitude of water sport opportunities.
The home of your Hawaiian dreams is waiting for you, right here at Kolea Villa 7E!

Last Agent to Sell the Property

Chad Weigle

Hawaii Luxury Listings Brokerage Phone: 8087562038 License #RB-22889 Listed on: 03/20/2024

Last Buyer's Agent

Chad Weigle

Hawaii Luxury Listings Brokerage Phone: 8087562038 License #RB-22889 Listed on: 03/20/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,314

Year Built

  • Built in 2003

HOA Fees

  • $3,002 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Home Design

  • Steel Frame

Interior Spaces

  • 2,147 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Blinds

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • Attached Garage
  • Unassigned Parking

Utilities

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

Additional Features

  • Outdoor Kitchen
  • Property fronts a private road

Listing and Financial Details

  • Assessor Parcel Number 3690110190041

Community Details

Overview

  • Kolea Condo Villas Community
  • Kolea Subdivision

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,314

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,002 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Attribution Contact: 8087562038
  • Co List Office Phone: 8087562038
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KOLEA SUBDIVISION
  • Reso Interior Features: Built-in Features, Elevator, High Ceilings
  • Living Area: 2147.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 2003
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Oven, Refrigerator, Wine Cooler
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Carpet, Stone
  • Total Bathrooms: 3
  • Design: Steel Frame

Exterior Features

  • View: Bay, HIS Coastline, HIS Sunset, Mountain(s), Ocean
  • Waterfront: No
  • Exterior Features: Outdoor Kitchen
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached, Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3001.85
  • Association Fee Frequency: Monthly
  • Project: Kolea Condo Villas

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3690110190041
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8314.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 1, 2024
Sold by
Hoseley Ralph C and Hoseley Sonya
Bought by
Tactical Vision Llc
Seller's Agent
Chad Weigle
Hawaii Luxury Listings
Buyer's Agent
Chad Weigle
Hawaii Luxury Listings
List Price
$3,550,000
Sold Price
$3,100,000
Premium/Discount to List
-$450,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$2,170,000
Outstanding Balance
$2,142,085
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,276,394

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 23, 2024
Sold by
Johnny And Debra Mcelree Family Trust and Mcelree Debra J
Bought by
Ralph C Hoseley Iii And Sonya L Hoseley Livin and Hoseley
Seller's Agent
Chad Weigle
Hawaii Luxury Listings
Buyer's Agent
Chad Weigle
Hawaii Luxury Listings
List Price
$3,550,000
Sold Price
$3,100,000
Premium/Discount to List
-$450,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Outstanding Balance
$2,142,085
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,276,394

Purchase Details

Closed on
Jan 31, 2005
Sold by
Centex Homes
Bought by
Mcelree Johnny M and Mcelree Debra J

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
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed -- None Listed On Document
Deed -- Tg
Condominium Deed $2,170,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,170,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $3,500,000 +12.9% $1,630 / Sq Ft
09/17/2024 09/17/24 Off Market $3,100,000 -- --
09/14/2024 09/14/24 Off Market $3,100,000 -- --
05/01/2024 05/01/24 Sold $3,100,000 -12.7% $1,444 / Sq Ft
03/20/2024 03/20/24 For Sale $3,550,000 -- $1,653 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
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 $8,230 $3,071,100 $374,000 $2,697,100
2024 $8,230 $1,588,200 $243,400 $1,344,800
2022 $8,223 $1,497,000 $243,400 $1,253,600
2021 $7,954 $1,453,400 $243,400 $1,210,000
2020 $7,694 $1,411,100 $243,400 $1,167,700
2019 $7,442 $1,370,000 $243,400 $1,126,600
2018 $7,196 $1,330,100 $243,400 $1,086,700
2017 $6,958 $1,291,400 $243,400 $1,048,000
2016 $6,727 $1,253,800 $243,400 $1,010,400
2015 $5,337 $1,217,300 $243,400 $973,900
2014 $5,337 $1,181,800 $243,800 $938,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708787

Hawaii Information Service (MLS Hawaii)

APN: 3-6-9-011-019-0041