NOT LISTED FOR SALE

Estimated Value: $1,160,000

3.62 Acres
$320,442 Price per Acre
157,687 Sq Ft Lot

Last Sold May 23, 2014

Last sale price $310,000

Est. 274% increase in value since last sale

Current estimated payment $6,645/month

160 Days on Market

Highlights

  • Ocean View
  • Gentle Sloping Lot
  • Grass Covered Lot

About This Lot

As of May 2014

MAKALEI ESTATES - Large, spacious 3.62 acre lot at a wonderful elevation. Great place to build your dream home in Hawaii!

- Ocean, coastline and sunset views up and down the Kona Coast.
- Very close to the Makalei Golf Course.
- Minutes to Kona town, beaches, airport, shopping and schools.
- Easy drive to world-class beaches, resorts, golfing and dining.
- Peaceful country setting.
- Kukui nut tree lined gated entrance to this lovely subdivision.
- Many lots planted out in coffee - perhaps you'd like to do the same!
- High-end homes built out already throughout the subdivision.
- Large lot offers lots of space and privacy between you and your neighbors.
- Christmas berry bushes line the south side of the property for more privacy.
- Pleasant temperatures year-round at this elevation of approximately 1700 ft.
- Underground utilities already brought up the flag portion of the lot.
- Near the top of the subdivision but away from busy roads.
- End of cul-de-sac location means less traffic.
- Well off of and away from Makalei Drive and the upper highway.
- Topo map and Roger Brasel designed house plans from previous owner included in the sale.
- This is the lowest priced lot in Makalei Estates. Priced to sell!

Listor is part owner.

State Land Use Agricultural district, so typical farm dwelling requirements apply. Utilities available, Buyer to verify cost, and pay to connect. Buyer to verify septic cost and pay to install.

This information herein, while deemed reliable, may contain inaccuracies and is provided without warranty or guaranty of any kind. Prospective purchasers are strongly urged to independently verify all information they deem material or important to their decision to purchase or offer price.

Last Agent to Sell the Property

Teresa Kelsch

RE/MAX Brokers Brokerage Phone: 8088966589 License #RS-60974 Listed on: 10/23/2013

RE/MAX Brokers

Last Buyer's Agent

Genevieve Firestone

Hawaii Luxury Real Estate License #RB-24328

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,419

Lot Details

  • Property fronts a private road
  • Property fronts a county road
  • Flag Lot
  • Gentle Sloping Lot
  • Grass Covered Lot
  • Property is zoned A-3A

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Ocean
  • Coastline

Utilities

  • Underground Utilities
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Makalei Estates Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 3720150190000

Property Details

Property Type

Land

Est. Annual Taxes

$2,419

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Reso Fencing: None
  • ResoLotFeatures: Flag Lot, Grassy
  • Attribution Contact: 8088966589
  • Co List Office Phone: 8083261556
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MAKALEI ESTATES
  • Tax Year: 2013
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InternetAccess: Cable
  • HIS_Easement: Driveway
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: County, Private

Utilities

  • Cooling: Cash
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 62.5
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3720150190000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2419.0
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2013
Closed on
May 9, 2014
Sold by
Kelsch Kevin M and Gragert Kelsh Teresa
Bought by
Young Michael A and Young Julie A
Seller's Agent
Teresa Kelsch
RE/MAX Brokers
Buyer's Agent
Genevieve Firestone
Hawaii Luxury Real Estate
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$1,160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,000
Avg. Annual Appreciation
16.94%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Scarr Sandra W
Bought by
Kelsch Kevin M and Gragert Kelsch Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2002
Sold by
Hahn Brad L and Hahn Carolyn E
Bought by
Scarr Sandra W and Sandra W Scarr Qualified Personal Reside

Purchase Details

Closed on
Mar 8, 2001
Sold by
Hiluhilu Development Llc
Bought by
Hahn Brad L and Hahn Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.87%
Mortgage Type
Balloon
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
Young Michael A $310,000 Title Guaranty Escrow Svcs I
Kelsch Kevin M $280,000 Title Guaranty Escrow Svcs I
Scarr Sandra W $239,000 --
Hahn Brad L $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelsch Kevin M $178,000
Previous Owner Hahn Brad L $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $310,000 -4.6% --
04/01/2014 04/01/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $325,000 -- --
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 $5,109 $1,177,900 $358,100 $819,800
2024 $5,109 $1,143,600 $358,100 $785,500
2023 $5,065 $1,108,500 $358,100 $750,400
2022 $5,020 $1,076,200 $358,100 $718,100
2021 $5,073 $1,044,900 $358,100 $686,800
2020 $4,930 $1,021,700 $347,700 $674,000
2019 $3,114 $333,100 $333,100 $0
2018 $3,114 $333,100 $333,100 $0
2017 $2,888 $308,900 $308,900 $0
2016 $2,969 $341,600 $341,600 $0
2015 -- $310,600 $310,600 $0
2014 -- $293,000 $293,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 267689

Hawaii Information Service (MLS Hawaii)

APN: 3-7-2-015-019-0000