NOT LISTED FOR SALE

7310 Alealea Rd Hanalei, HI 96714

Estimated Value: $3,547,000

0.45 Acre
$7,882,222 Price per Acre
19,602 Sq Ft Lot

Last Sold February 20, 2014

Last sale price $1,600,000

Est. 122% increase in value since last sale

Current estimated payment $19,583/month

36 Days on Market

Highlights

  • Beach Front
  • High Speed Internet
  • Grass Covered Lot
  • Ocean View
  • Level Lot

About This Lot

As of February 2014

This information is unavailable

Last Agent to Sell the Property

Michael Schmidt

Bali Hai Realty, Inc. Brokerage Phone: 8086526000 License #RB-15755 Listed on: 12/17/2013

Last Buyer's Agent

Michael Schmidt

Bali Hai Realty, Inc. Brokerage Phone: 8086526000 License #RB-15755 Listed on: 12/17/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,191

Lot Details

  • Beach Front
  • Property fronts a county road
  • Level Lot
  • Flag Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned R-4

Parking

  • Driveway

Property Views

  • Ocean
  • Mountain

Utilities

  • Underground Utilities
  • Septic Tank
  • Sewer Not Available
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Wainiha Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 4580090510000

Property Details

Property Type

Land

Est. Annual Taxes

$7,191

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Road Frontage Type: HIS Sandy Beach
  • ResoLotFeatures: Cleared, Flag Lot, Grassy
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAINIHA
  • Tax Year: 2013
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InternetAccess: Cable, DSL, None, Satellite, T1 and Higher
  • HIS_Easement: Driveway
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level
  • View: Mountain(s), Ocean, Ocean Horizon
  • Waterfront: Yes
  • Roads: County

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4580090510000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7191.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Burse David Thomas and Burse Karen Marie
Bought by
Burse Family Revocable Trust and Burse
Current Estimated Value
$3,547,000

Purchase Details

Listed on
Dec 17, 2013
Closed on
Feb 18, 2014
Sold by
Dobbin Craig C
Bought by
Burse David Thomas and Burse Karen Marie
Seller's Agent
Michael Schmidt
Bali Hai Realty, Inc.
Buyer's Agent
Michael Schmidt
Bali Hai Realty, Inc.
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Galloway Jeffrey S
Bought by
Dobbin Craig G

Purchase Details

Closed on
Apr 8, 2004
Sold by
Brescia Joseph A and Brescia Jodie Anne
Bought by
Galloway Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,457,500
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2004
Sold by
Raymond Llc
Bought by
Brescia Joseph A and Brescia Jodie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,457,500
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 25, 2000
Sold by
Stallone Sylvester
Bought by
Raymond Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.25%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burse Family Revocable Trust -- None Listed On Document
Burse David Thomas $1,600,000 Or
Dobbin Craig G $1,900,000 Fhtc
Galloway Jeffrey S $1,650,000 --
Brescia Joseph A $10,000 --
Raymond Llc $675,000 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galloway Jeffrey S $1,457,500
Previous Owner Raymond Llc $500,000
Closed Galloway Jeffrey S $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $1,600,000 -10.9% --
01/22/2014 01/22/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $1,795,000 -- --
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 $11,330 $2,001,100 $2,001,100 --
2024 $11,330 $2,001,100 $2,001,100 --
2023 $10,906 $2,001,100 $2,001,100 $0
2022 $12,107 $2,001,100 $0 $0
2021 $10,594 $1,751,000 $0 $0
2020 $10,594 $1,751,000 $1,751,000 $0
2019 $7,945 $1,313,200 $1,313,200 $0
2018 $9,837 $1,625,900 $1,625,900 $0
2017 $9,837 $1,625,900 $1,625,900 $0
2016 $9,837 $1,625,900 $1,625,900 $0
2015 $4,540 $1,500,800 $0 $0
2014 -- $1,250,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 269184

Hawaii Information Service (MLS Hawaii)

APN: 4-5-8-009-051-0000