NOT LISTED FOR SALE

69-1564 Puako Beach Dr Kamuela, HI 96743

Estimated Value: $3,727,000

1.63 Acres
$2,286,503 Price per Acre
71,003 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $3,500,000

Est. 6% increase in value since last sale

Current estimated payment $23,517/month

208 Days on Market

About This Lot

As of May 2019

Offering 3 oceanfront parcels, TMK#s 3-6-9-2-25, 3-6-9-2-4 & 3-6-9-2-24, totaling approximately 1.64 acres in bulk at a discounted price.
Owning 3 parcels with over 250 feet of oceanfront frontage will allow the buyer to build the most amazing family compound or offer a staggered development opportunity.

There are no restrictive design guidelines and these lots are ideal for a creative visionary buyer. Puako is a very special community where you can still enjoy a feel of old Hawaii.

3 parcels are also offered individually at $995,000, $1,895,000 and $1,895,000.

Vacation rental is allowed in the resort hotel zoning.

Last Agent to Sell the Property

Tomoko Matsumoto

Hapuna Realty Brokerage Phone: 8085578689 License #RB-20042 Listed on: 09/14/2018

Last Buyer's Agent

Linda West

Coldwell Banker Island Properties - Kamuela License #RB-15853

Property Details

Property Type

  • Land

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Property is zoned V-1.25

Property Views

  • Ocean Views

Utilities

  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Puako Beach Lots Subdivision

Listing and Financial Details

  • Tax Lot 1-A
  • Assessor Parcel Number 3690020040000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Cleared
  • Attribution Contact: 8085578689
  • Co List Office Phone: 8086574292
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUAKO BEACH LOTS
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InternetAccess: Cable, DSL, Satellite, Wireless
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Level
  • View: Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: County, Paved

Utilities

  • Cooling: Cash
  • Sewer: Other
  • Utilities: Cable Available, Electricity Available, Other, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3690020040000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 54717.0
  • Tax Lot: 1-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
May 2, 2019
Sold by
Morgan Howard W and Howard William Morgan Iii Trus
Bought by
Hoveida Bahman and The Orchid Trust
Seller's Agent
Tomoko Matsumoto
Hapuna Realty
Buyer's Agent
Linda West
Coldwell Banker Island Properties - Kamuela
List Price
$4,495,000
Sold Price
$3,500,000
Premium/Discount to List
-$995,000
-22.14%
Current Estimated Value
$3,727,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,000
Avg. Annual Appreciation
1.00%

Purchase Details

Closed on
Nov 27, 2017
Sold by
Pai Pai Partners Llc
Bought by
Qual Morgan Iii Howard W and Howard William Morgan Iii Qualified Subc

Purchase Details

Closed on
Dec 9, 2013
Sold by
American Bank
Bought by
Pai Pai Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
4.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2010
Sold by
John Larry J and John Sandra L
Bought by
American Bank

Purchase Details

Closed on
May 12, 2010
Sold by
Chun Richard B D and Chun Rick Cheney
Bought by
American Bank

Purchase Details

Closed on
Jun 10, 2008
Sold by
Cheney D Rick and Cheney Deanne
Bought by
Cheney D Rick and Cheney Deanne L

Purchase Details

Closed on
Apr 12, 2005
Sold by
Mickelsen Paul Lee and Mickelsen Patricia Ann
Bought by
John Larry J and John Sandra
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
Hoveida Bahman $3,500,000 Or
Qual Morgan Iii Howard W -- None Available
Pai Pai Partners Llc $4,250,000 Title Guaranty
American Bank $1,442,361 Fntic
American Bank $2,884,723 Fidelity National
Cheney D Rick -- None Available
John Larry J $3,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pai Pai Partners Llc $3,400,000
Previous Owner John Larry J $4,700,000
Previous Owner John Larry J $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Off Market $3,500,000 -- --
08/08/2019 08/08/19 Off Market $3,500,000 -- --
05/10/2019 05/10/19 Sold $3,500,000 -22.1% --
04/10/2019 04/10/19 Pending -- -- --
09/14/2018 09/14/18 For Sale $4,495,000 -- --
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 $38,525 $3,520,100 $3,520,100 --
2024 $38,525 $3,200,400 $3,200,400 --
2023 $38,525 $3,200,400 $3,200,400 $0
2022 $28,480 $2,461,800 $2,461,800 $0
2021 $28,089 $2,433,000 $2,433,000 $0
2020 $25,090 $2,212,500 $2,212,500 $0
2019 $24,450 $2,202,700 $2,202,700 $0
2018 $20,497 $1,774,600 $1,774,600 $0
2017 $24,753 $2,143,100 $2,143,100 $0
2016 $23,253 $2,143,100 $2,143,100 $0
2015 -- $2,143,100 $2,143,100 $0
2014 -- $1,863,600 $1,863,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 621148

Hawaii Information Service (MLS Hawaii)

APN: 3-6-9-002-004-0000