NOT LISTED FOR SALE

Kona Sea Villas 75-6060 Kuakini Hwy Unit L23 Kailua Kona, HI 96740

Estimated Value: $728,000 - $785,000

2 Beds
2 Baths
1,182 Sq Ft
$662/mo HOA Fee

Last Sold August 30, 2013

Last sale price $350,000 $296 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,373/month

1 Day on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Carpet
  • Gated Community
  • Home Office
  • Stacked Washer and Dryer

About This Home

As of August 2013

Expansive ocean, coastline and sunset views! Centrally located for easy access to all Kailua Town has to offer: shopping, dining, movie theaters and water sports!

Newly upgraded throughout and very gently used, this spacious 2-bedroom, 2-bath condo PLUS loft and 1-car garage shows like a model! Upgrades include stainless steel appliances, new carpeting (and pad) and sound-absorbing Armstrong vinyl wood plank flooring in the kitchen and both baths. In addition, all window coverings, ceiling fans and bathroom light fixtures have been replaced, as well as the kitchen faucet!

Kona Sea Villas is a gated, low density complex. All buildings were recently painted and the parking lot has been resurfaced. The pool and spa are scheduled for re-plastering in the Fall, all with no special assessments or raises in monthly HOA dues!

Small dog or cat allowed with Board approval.

Last Agent to Sell the Property

Kathy Jensen

COMPASS Brokerage Phone: 8089902600 License #RB-18899 Listed on: 07/18/2013

Last Buyer's Agent

Kathy Jensen

COMPASS Brokerage Phone: 8089902600 License #RB-18899 Listed on: 07/18/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 2004

Lot Details

  • 60.06

HOA Fees

  • $662 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Mountain

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • Home Office
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Property fronts a private road
  • Interior Unit

Listing and Financial Details

  • Assessor Parcel Number 3750190010072

Community Details

Overview

  • 73 Units
  • Kona Sea Villas Community
  • Kahului 1St & 2Nd Subdivision

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,016

Year Built

Built in 2004

Lot Details

0

HOA Fees

$662 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KAHULUI 1ST & 2ND
  • Reso Interior Features: High Ceilings, Mezzanine Office, Vaulted Ceilings
  • Unit Levels: Two
  • Living Area: 1182.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 2004
  • Tax Year: 2012
  • HIS_PoolYN: No
  • Unit Description: Inside Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, HIS Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Vinyl

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 662.0
  • Association Fee Frequency: Monthly
  • Project: Kona Sea Villas

Lot Info

  • Zoning: RM-7
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750190010072
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 73

Tax Info

  • Tax Annual Amount: 2016.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Aug 23, 2013
Sold by
Bauchman Gary David and Bauchmann Mary Ellen
Bought by
Abu Assal Nabil L and Owen Carol Jean
Seller's Agent
Kathy Jensen
COMPASS
Buyer's Agent
Kathy Jensen
COMPASS
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$763,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,936
Avg. Annual Appreciation
6.62%
Original Mortgage
$262,500
Outstanding Balance
$194,743
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$569,193

Purchase Details

Closed on
Mar 8, 2010
Sold by
Hanson Jay Roger
Bought by
Bauchman Gary David and Bauchman Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2003
Sold by
Sunstone Kona Llc
Bought by
Hanson Jay Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,600
Interest Rate
5.37%
Mortgage Type
Commercial
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
Abu Assal Nabil L $350,000 Title Guaranty Escrow Svcs I
Bauchman Gary David $266,000 None Available
Hanson Jay Roger $295,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abu Assal Nabil L $262,500
Previous Owner Bauchman Gary David $199,500
Previous Owner Hanson Jay Roger $236,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $350,000 -2.5% $296 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $359,000 -- $304 / Sq Ft
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 $8,312 $770,000 $107,500 $662,500
2024 $8,312 $710,400 $107,500 $602,900
2023 $7,404 $632,800 $107,500 $525,300
2022 $6,845 $585,000 $107,500 $477,500
2021 $5,967 $510,000 $107,500 $402,500
2020 $5,417 $463,000 $107,500 $355,500
2019 $4,875 $416,700 $107,500 $309,200
2018 $4,276 $365,500 $107,500 $258,000
2017 $4,646 $397,300 $107,500 $289,800
2016 $3,958 $364,800 $107,500 $257,300
2015 $2,874 $321,000 $107,500 $213,500
2014 $2,874 $290,000 $107,500 $182,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 265202

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-019-001-0072