NOT LISTED FOR SALE

93-2591 Lorenzo Rd Naalehu, HI 96772

Estimated Value: $592,348 - $736,000

1 Bed
1 Bath
512 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $598,765 $1,169 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,021/month

24 Days on Market

Highlights

  • Wooded Lot
  • Level Lot
  • Grass Covered Lot

About This Home

As of August 2022

Imagine opening your private gate and entering a different world free from hustle of the City. Enjoy off grid living in a quality one bedroom home surrounded by 20 acres of enchanting rain forest! The pristine land consists of native Ohia, Robusta Eucalyptus, Christmas Berry, Guava and more. It feels remote from the rest of the world yet is only a short drive to Naalehu town on the southern end of the Big Island of Hawaii. The soil is perfect for coffee growing (Miranda’s Award-Winning Coffee is nearby), vegetables and fruit trees.

An unpermitted, but quality built, home is situated close to the center of the property to enjoy the tranquility to its fullest. It has one bedroom, one bathroom, kitchen with custom epoxy countertops and pantry, and a living room. The home has a 400 square feet deck on two sides, part of which is covered to optimize your outdoor living experience in most weather conditions. The house is completely off-grid with 9 solar panels, 3 new lithium batteries, 48-volt system with a water catchment system.

Catchment water is captured with a 4000-gallon polyurethane tank, first flush mechanism, Aquasana Rhino Whole House water filtration and UV lamp purification.

The seller has developed approx. 1 mile long hiking trail through the property and has affectionately named different parts of the trail system such as "Mystic Meadow", "Hog Wallow area" and others.

The property is near the beautiful Kahuku Unit of Volcanoes National Park and is just below the Trailhead into the Kau Forest, making this property perfect for a retreat destination. The calming sounds of song birds and soothing scent of the forest brings peace and tranquility to one's soul. This property also has two tent camping areas with outdoor kitchen area which was used by Wwoofers but could easily be turned into a retreat or other income producing opportunities.

Owner carry possible w/ 30% down. Make sure to see attached video!

Last Agent to Sell the Property

Teena Genge

United Country Real Estate-Hawaii Lifestyle Properties, LLC Brokerage Phone: 8084000643 License #RB-23650 Listed on: 06/07/2022

Last Buyer's Agent

Teena Genge

United Country Real Estate-Hawaii Lifestyle Properties, LLC Brokerage Phone: 8084000643 License #RB-23650 Listed on: 06/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 2014

Lot Details

  • Property fronts a county road
  • Level Lot
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned A-20A

Home Design

  • 512 Sq Ft Home

Kitchen

  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • No Heating
  • Cistern
  • Cesspool
  • Internet Available
  • Phone Available

Community Details

  • Kiolakaa Keaa Homesteads Subdivision

Listing and Financial Details

  • Tax Lot 30-A
  • Assessor Parcel Number 3930040310000

Home Details

Home Type

Single Family

Est. Annual Taxes

$384

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Grassy, Wooded
  • Attribution Contact: 8084000643
  • Co List Office Phone: 8084000643
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KIOLAKAA - KEAA HOMESTEADS
  • Living Area: 512.0
  • Property Attached Yn: No
  • Year Built: 2014
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Satellite, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Cash, None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Electricity Available, Phone Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-20A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3930040310000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 384.0
  • Tax Lot: 30-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 26, 2022
Sold by
Frederick Kennedy Arthur
Bought by
Parashar Rajan
Seller's Agent
Teena Genge
United Country Real Estate-Hawaii Lifestyle Properties, LLC
Buyer's Agent
Teena Genge
United Country Real Estate-Hawaii Lifestyle Properties, LLC
List Price
$598,765
Sold Price
$598,765
Views
16
Current Estimated Value
$679,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,322
Avg. Annual Appreciation
4.17%
Original Mortgage
$414,135
Outstanding Balance
$397,042
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$282,045

Purchase Details

Closed on
Oct 31, 2007
Sold by
Welch John D
Bought by
Kennedy Arthur Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 18, 2005
Sold by
Mamalahoa Development Corp
Bought by
Welch John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
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
Parashar Rajan -- Title Guaranty & Escrow Servic
Parashar Rajan -- Title Guaranty & Escrow Servic
Kennedy Arthur Frederick $325,000 Fntic
Martinez Herbert $425,000 Fntic
Welch John D $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parashar Rajan $414,135
Closed Parashar Rajan $414,135
Previous Owner Kennedy Arthur Frederick $100,000
Previous Owner Martinez Herbert $215,000
Previous Owner Kennedy Arthur Frederick $255,000
Previous Owner Welch John D $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Off Market $598,765 -- --
08/03/2022 08/03/22 Sold $598,765 0.0% $1,169 / Sq Ft
06/07/2022 06/07/22 For Sale $598,765 -- $1,169 / 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 $3,932 $433,100 $231,200 $201,900
2024 $3,911 $420,500 $231,200 $189,300
2023 $3,808 $407,300 $231,200 $176,100
2022 $288 $183,600 $130,800 $52,800
2021 $385 $178,300 $130,800 $47,500
2020 $360 $173,100 $126,500 $46,600
2019 $335 $168,100 $120,400 $47,700
2018 $311 $163,200 $116,000 $47,200
2017 $304 $161,800 $116,000 $45,800
2016 $336 $168,200 $124,000 $44,200
2015 -- $193,000 $153,000 $40,000
2014 -- $107,700 $107,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 662652

Hawaii Information Service (MLS Hawaii)

APN: 3-9-3-004-031-0000