NOT LISTED FOR SALE

92-8869 Macadamia Dr Ocean View, HI 96704

Estimated Value: $348,314 - $422,000

1 Bed
1.5 Baths
624 Sq Ft
$617/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $299,900 $481 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,077/month

27 Days on Market

About This Home

As of August 2021

Successful registered STVR (vacation rental) located in South Kona! Come see and make it yours before it's gone!

It's a hidden gem located in the gated community of Kula Kai View Estates. This is a multi-faceted, fabulous, and unbelievably beautiful cedar and redwood home with awesome ocean and mountain views. Situated on a 3 acre parcel that is located on a dead end street with no through traffic and as many possibilities as you can imagine.

It has a large wrap around lanai for added outdoor living space which houses a BBQ, sitting area, and a washer and dryer. There are two 6,000 gallons fiberglass catchment tanks and a storage container for all your storage needs. Turn key perfect and ready for you to continue using as a vacation rental, or second home, or your personal residence in paradise. So many opportunities and potential as a new owner of this unique and wonderful property.

Approximately 1 hour drive from Kailua-Kona and close to Hawaii Volcano National Park Kahuku unit, Kula Kai Caverns, South Point, Punaluu Bake Shop, Punaluu Black Sand Beach, Papakolea Beach(green sand beach), and much more.

Kula Kai View Estates is located across of Hawaiian Ocean View Estates which is a growing community with gas stations, post office, grocery stores, Ace Hardware, L&L BBQ, Kai Loki Bar & Grill, auto parts store, pizza, sandwich, coffee shops to mention a few.

Last Agent to Sell the Property

Lizanne Caravalho

Premier Island Properties LLC Brokerage Phone: 8088953777 License #RS-67659 Listed on: 05/28/2021

Last Buyer's Agent

Lizanne Caravalho

Premier Island Properties LLC Brokerage Phone: 8088953777 License #RS-67659 Listed on: 05/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Property is zoned A-3A

Parking

  • Covered Parking

Interior Spaces

  • 624 Sq Ft Home
  • Carpet
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Underground Utilities
  • Cesspool

Community Details

  • Kula Kai View Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 46
  • Assessor Parcel Number 3921840460000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KULA KAI VIEW ESTATES
  • Living Area: 624.0
  • Property Attached Yn: No
  • Year Built: 1998
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Cooktop, Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Carpet

Exterior Features

  • Topography: Graded
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Catchment

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3921840460000

Tax Info

  • Tax Annual Amount: 1412.0
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 21, 2021
Sold by
Biedenkapp Lisa Louise
Bought by
Wilson Elton Thomas
Seller's Agent
Lizanne Caravalho
Premier Island Properties LLC
Buyer's Agent
Lizanne Caravalho
Premier Island Properties LLC
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$385,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,257
Avg. Annual Appreciation
6.18%
Original Mortgage
$239,920
Outstanding Balance
$217,833
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,324

Purchase Details

Closed on
Jan 10, 2006
Sold by
Karakash Starina Leilani
Bought by
Nadeau Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 1994
Sold by
Patton Patrick M and Patton Jane E
Bought by
Karakash David A and Karakash Lisa G
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
Wilson Elton Thomas $299,900 Fam
Nadeau Lisa $270,000 Tg
Karakash David A $38,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Elton Thomas $239,920
Previous Owner Nadeau Lisa $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Off Market $299,900 -- --
11/26/2021 11/26/21 Off Market $299,900 -- --
08/27/2021 08/27/21 Sold $299,900 0.0% $481 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $299,900 -- $481 / 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 $732 $222,900 $45,900 $177,000
2024 $732 $216,400 $45,900 $170,500
2023 $726 $210,100 $45,900 $164,200
2022 $758 $204,100 $39,900 $164,200
2021 $1,434 $153,400 $34,800 $118,600
2020 $1,413 $151,100 $34,800 $116,300
2019 $1,280 $136,900 $29,700 $107,200
2018 $1,208 $129,200 $27,800 $101,400
2017 $1,183 $126,500 $27,800 $98,700
2016 $1,135 $122,700 $27,800 $94,900
2015 -- $117,300 $30,000 $87,300
2014 -- $115,600 $30,000 $85,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 649900

Hawaii Information Service (MLS Hawaii)

APN: 3-9-2-184-046-0000