NOT LISTED FOR SALE

84-1129 Telephone Exchange Rd Captain Cook, HI 96704

Estimated Value: $658,139 - $906,000

3 Beds
2.5 Baths
1,288 Sq Ft
$599/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $235,000 $182 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $4,366/month

191 Days on Market

Highlights

  • Ocean View
  • Gentle Sloping Lot
  • Carpet

About This Home

As of January 2018

Lehualani Farm is a 10.8 acre KSBE Leasehold farm located just 1 mile up a country road in lovely Honaunau, in the heart of South Kona. This unique farm is primarily in exotic flowers. Dramatic stands of mature varieties of Heliconia, Ginger, Calathea and Curcuma dominate the landscape. Spectacular South Kona Coastline views from the Kealakekua pali to Pu’uhonua O’Honaunau, City of Refuge are visible from much of the property due to the gentle sloping topography. There are many fruit trees including 30 Sharwil Avocados (and Beshore, Green Gold and Yamagata are being planted), Orange, Tangerine, Tangelo, Lemon, Soursop, Mountain Apple, Starfruit, Jaboticaba, Fig and others are being planted; Lime, Meyer Lemon and Abiu.
The main home is lovely with Cedar siding and real wood floors. This 2 BR/1BA upstairs, has a huge lanai to enjoy the stunning views and ocean breeze. The downstairs is a huge carport/ workspace - very practical and used for cleaning and processing the flowers and fruit. There is also a separate studio apt, which has been used as an office space. The studio shares a bathroom and outdoor shower with the workspace for farm workers. The private coffee shack at the top of the property is accessed by a separate driveway, another mile up the country road from the main home’s driveway.
The flower business is not active now. However, at one time, this farm shipped gift boxes to the mainland. There is great business potential and opportunity to fill a need to provide cut flowers and arrangements to retail at Farmer’s Markets and wholesale to florists, grocery stores, hotels and restaurants.
The current Lease expires January 31, 2018.
Annual Lease Rent is $5832

Last Agent to Sell the Property

Tanya Sunshine

Hawaii Life Brokerage Phone: 8088967879 License #RB-21558 Listed on: 04/10/2017

Last Buyer's Agent

Reciprocal Agent - Oahu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Gentle Sloping Lot
  • Property is zoned A-5A

Property Views

  • Ocean
  • Coastline
  • Mountain

Interior Spaces

  • 1,288 Sq Ft Home
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cistern
  • Cesspool

Community Details

  • Honaunau Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3840050360000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,443

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HONAUNAU SUBDIVISION
  • Living Area: 1288.0
  • Property Attached Yn: No
  • Year Built: 1986
  • Tax Year: 2016
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Paved, Private

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Cistern, Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3840050360000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2443.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Off Market $235,000 -- --
01/12/2018 01/12/18 Sold $235,000 -13.0% $182 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $270,000 -- $210 / 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 $3,919 $449,800 $82,100 $367,700
2024 $3,919 $419,100 $79,100 $340,000
2023 $3,650 $390,400 $77,100 $313,300
2022 $3,649 $390,300 $77,000 $313,300
2021 $3,188 $341,000 $75,300 $265,700
2020 $3,063 $327,600 $74,000 $253,600
2019 $3,019 $322,900 $74,000 $248,900
2018 $2,579 $275,800 $42,200 $233,600
2017 $2,523 $269,800 $42,200 $227,600
2016 $2,444 $264,200 $42,300 $221,900
2015 -- $228,900 $42,300 $186,600
2014 -- $219,800 $30,700 $189,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 605470

Hawaii Information Service (MLS Hawaii)

APN: 3-8-4-005-036-0000