NOT LISTED FOR SALE

7142 Kamehameha V Hwy Unit A202 Kaunakakai, HI 96748

Estimated Value: $213,000 - $313,000

1 Bed
1 Bath
604 Sq Ft
$605/mo HOA Fee

Last Sold March 10, 2021

Last sale price $215,000 $356 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,258/month

Highlights

  • Ocean Front
  • Community Pool
  • Security Guard
  • Main Floor Bedroom
  • Tennis Courts
  • Card or Code Access

About This Home

As of March 2021

It doesn't get any better than ocean front on the lush tropical east end of Molokai. Four island and rugged mountain views. this unit is a legal vacation rental, and it's turnkey, complete with furnishings, linens, and kitchen wares. The condo has been completely remodeled with new tile floors, cabinets, granite countertops, and appliances. Wavecrest has beautiful tropical grounds with a swimming pool with a cabana, BBQ's, and tennis courts. Whether you relax and read a book or want to enjoy all kinds of water sports Molokai is the Hawaii of old, quiet, rural, with no traffic jams or stoplights. The best beaches of Molokai are just down the road, as well as a small neighborhood store and local style lunch counter.

Last Agent to Sell the Property

Les Howard

Drop - 2023 License #RS-77162 Listed on: 03/10/2021

Drop - 2023

Last Buyer's Agent

Les Howard

Drop - 2023 License #RS-77162 Listed on: 03/10/2021

Drop - 2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Home fronts a canal
  • Property is in excellent condition

HOA Fees

  • $605 Monthly HOA Fees

Property Views

  • Ocean
  • Garden

Home Design

  • Wood Frame Construction

Interior Spaces

  • 604 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Guest Parking
  • Open Parking

Schools

  • Kilohana Elementary School
  • Molokai Middle School
  • Molokai High School

Listing and Financial Details

  • Assessor Parcel Number 2-5-6-004-055-0018

Community Details

Overview

  • Association fees include gas, hot water, sewer, water
  • Wcaoao Association
  • Wavecrest Condos
  • Molokai East Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Guard
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,800

Year Built

Built in 1975

Lot Details

0

HOA Fees

$605 per month

Listing Details

  • Building Name: Wavecrest
  • Inclusions: Ceiling Fan,Dishwasher,Disposal,Drapes,Kitchenware,Linens,Microwave,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1975
  • CommunityFeatures: Barbecue, Community Pool, Tennis Court(s)
  • Road Frontage Type: Canal, Oceanfront
  • SecurityFeatures: Key Card Entry, Security Guard
  • MLS Status: Closed
  • Subdivision Name: Molokai East
  • Entry Level: 2
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level
  • Unit Levels: Three Or More, One
  • Living Area: 604.0
  • New Construction: No
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Double Wall, Wood Frame
  • Property Condition: Excellent
  • View: Garden, Mountain(s), Ocean, Sunrise
  • View: Yes

Garage/Parking

  • Parking Features: Guest, One Space
  • Total Parking Spaces: 1.0
  • Open Parking: Yes

Condo/Co-op/Association

  • Association Fee: 605.0
  • Phone: 558-8101

Association/Amenities

  • General Property Information:Association Name: WCAOAO

Fee Information

  • Association Fee Includes: Gas, Hot Water, None, Sewer, Water

Schools

  • Elementary School: Kilohana
  • High School: Molokai
  • Middle Or Junior School: Molokai

Lot Info

  • Parcel Number: 2-5-6-004-055-0018
  • Zoning Description: 20 - Resort

Multi Family

  • Maintenance Expense: 605.0

Tax Info

  • Tax Annual Amount: 1800.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 3, 2021
Sold by
Moana Lani Properties Ltd
Bought by
Schmitz Anthony J and Schmitz Susan Lynne
Seller's Agent
Les Howard
Drop - 2023
Buyer's Agent
Les Howard
Drop - 2023
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$251,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,511
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Jul 6, 2017
Closed on
Oct 30, 2017
Sold by
Martinage Michael Francis
Bought by
Moana Lani Properties Ltd
Seller's Agent
Suzanne O'Connell
Drop - 2021
Buyer's Agent
Les Howard
Drop - 2023
List Price
$189,500
Sold Price
$166,500
Premium/Discount to List
-$23,000
-12.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Ferrier Kent A and Ferrier Jill E J
Bought by
Martinage Michael Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2000
Sold by
Kanter Bernie and Kanter Francine
Bought by
Ferrier Kent Alan and Ferrier Jill Eleanor Jean
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
Schmitz Anthony J $215,000 Or
Moana Lani Properties Ltd -- Tg
Martinage Michael Francis $286,000 --
Ferrier Kent Alan $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinage Michael Francis $212,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $215,000 0.0% $356 / Sq Ft
03/10/2021 03/10/21 For Sale $215,000 +29.1% $356 / Sq Ft
11/03/2017 11/03/17 Sold $166,500 -12.1% $276 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $189,500 -- $314 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $3,316 $257,200 $12,500 $244,700
2024 $3,316 $265,300 $11,500 $253,800
2023 $2,996 $252,800 $11,500 $241,300
2022 $2,387 $201,400 $9,600 $191,800
2021 $2,269 $204,200 $9,600 $194,600
2020 $1,801 $162,500 $9,600 $152,900
2019 $1,957 $182,000 $13,500 $168,500
2018 $1,220 $131,500 $11,500 $120,000
2017 $1,232 $0 $0 $0
2016 $933 $107,100 $11,500 $95,600
2015 $1,967 $160,000 $17,800 $142,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Les Howard

    Drop - 2023

    Section Image

  • S

    Seller's Agent in 2017

    Suzanne O'Connell

    Drop - 2021

See All Agents

Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202105200

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 2-5-6-004-055-0018

Hawaii Maui County Kaunakakai 96748

7142 Kamehameha V Hwy Unit A202, Kaunakakai, HI

This home is located at 7142 Kamehameha V Hwy Unit A202, Kaunakakai, HI 96748 since 10 March 2021 and is currently estimated at $251,511, approximately $416 per square foot. This property was built in 1975. 7142 Kamehameha V Hwy Unit A202 is a home located in Maui County with nearby schools including Kilohana Elementary School, Molokai Middle School, and Molokai High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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