59-575-1 Ke Iki Road Haleiwa HI 96712 sold on 02-28-2020
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59-575-1 Ke Iki Road Haleiwa HI 96712

$8,895,000 | OahuRE Rebate $44,475 | VA Loan 1% Rebate $7,260 | Sold

Price dropped on 10-10-2019. Original price was $11,800,000

Listed on 06-26-2019 * 247 Days until Sold

Sold for $7,950,000 on 02-28-2020

19 Bedrooms, 14 Full Baths, 1 Half Bath, 13 Parking Spaces

9,657 Square Feet Living * 60,460 Square Feet Land

Sell for a $3,500 Flat Fee or 2% with full service.

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Property Last Viewed: 07/02/2020 08:36 AM, Total Views Today: 0, Total Views: 660, Viewed History

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OahuRE.com Notes About This Property

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Price Decreased 1 time. View Details

Price trends for Sunset Area.

There were 23 homes sold in the last 2 years in the Sunset Area neighborhood.


59-575-1 Ke Iki Road

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Property Details

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MLS#: 201918292 * Questions?
Status: Sold
Price: $8,895,000
Rebate: $ 44,475 from OahuRE.com. * VA Loan 1% Rebate 44,475
Monthly: $ 32,776.56 Update the default down payment and interest rate
  Monthly payment estimate for $ 8,895,000 price, 20% down, 3.375% interest rate, 30 year loan, $ 1,317 taxes, and $ 0 fees. Insurance not included.
Beds: 19      Baths: 14      Half: 1      Parking Spaces: 13
Living Sq Ft: 9,657
Land Sq Ft: 60,460
Land Tenure: FS - Fee Simple
Address: 59-575-1 Ke Iki Road Haleiwa HI 96712
Region: North Shore - Activity
Neighborhood: Sunset Area - Activity * Sunset Area Stats
Street: Ke Iki - Activity * Ke Iki Road Stats
Showing: No Obligation Showing Request

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Original: $11,800,000
Change: $-2,905,000    -24.62%
Parcel#: 1-5-9-003-012-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 150 days in Active or In Escrow Showing
Date: Listed: 06-26-2019
Date: In Escrow - Showing: 11-20-2019
Date: In Escrow Not Showing: 11-20-2019
Date: Status Change: 02-28-2020
Year Built: 1947 Remodeled: 2018
View: Garden, Mountain, Ocean, Sunset
Frontage: Ocean, Sandy Beach
Monthly Tax: $1,317 Year: 2019
Land: FS - Fee Simple
Condition: Average

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Description:

PARADISE FOUND. Ke Iki Beach Bungalows is an idyllic, rare property w/ nearly an acre & a half of prime land & 207 linear feet of wide, pristine beach frontage. Consisting of six buildings, comprised of a mix of studio, one, two and three bedroom units; the property is zoned R-5 for residential use & yet retains coveted transient vacation licenses. Sitting high above the shoreline & right in the heart of the North Shore’s “seven-mile miracle” of surfing, well known to surfers & surf enthusiasts world-wide.

So, whether you are looking to own a charming beachfront bungalow for guests or to build an estate for your family - Ke Iki Beach Bungalows, with its unique combination of beauty, privacy and accessibility on the coveted North Shore of Oahu, awaits you.

 
 
Inclusions: AC Split, Blinds, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Fireplace, Lawn Sprinkler, Microwave, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer

Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Patio/Deck, Wall/Fence, Workshop

Utilities: Cable, Internet, Overhead Electricity, Public Water, Septic, Telephone Construction: Above Ground, Brick, Double Wall, Single Wall, Slab, Wood Frame Lot Features: Clear Floor: Ceramic Tile, Laminate, Marble/Granite, Vinyl, W/W Car Disclosures: Property Disclosure Stmt Land Recorded: Regular System Furnished:

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price: $7,950,000 Loan Type: Conventional
Concession:
Closed: 02-28-2020
Sold Ratio: 89%
Days Sold: 247
Land: $8,124,800
Building: $588,700  
Assessed Total: $8,713,500  
Assessed Ratio: 102.08%
Pool: None
Location: Inside
Parking: 3 Car+, Carport, Driveway

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Elementary: Sunset Beach * Grade: D * School Website
Middle: Kahuku * Grade: D+ * School Website
High: Kahuku * Grade: D+ * School Website
School Ranking: Honolulu Magazine Rankings
District Locator: DOE Locator to Confirm District
Area Total: 60,460
Acres: 1.3880
Topography: Level
Building Style: 1 Bedroom Cottage, 2 Bedroom Cottage, Detach Single Family, Multiple Dwellings
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: $0.00
Other: 0
Lanai Sq Ft: 0
Garage Sq Ft: 328
Avg Sq Ft Living: $921.09
Avg Sq Ft Land: $147.12
Security: Gated Community
Rental Income: $0
Stories: One, Two CPR: No
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X
Roofing: Asphalt Shingle, Other
Set-Backs: C and C, Special Roads: County Rd, Paved Rd
Easements: Electric, Telephone

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Links:
Google Maps     Supermarkets     Schools     Private Schools     Hospitals     Restaurants     Gyms     Shopping     Attractions     Beaches     Churches     Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
   
Commuting:
Waikiki     Downtown     Ala Moana     Airport     Kapolei     Hawaii Kai     Kailua Town     Windward Mall     Waikele     North Shore
Barbers Point     Camp Smith     Fort Shafter     Hickam     Lualualei     K-Bay Marine     Pearl Harbor     Schofield     Trippler     Wheeler     VA Mortgage Info
   
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
   
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Coldwell Banker Pacific Prop.

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
02-28-2020 201918292 Sold Sold $8,895,000 $7,950,000 $8,713,500 $8,124,800 $588,700
02-21-2020 201918292 In Escrow Not Showing In Escrow Showing In Escrow Not Showing $8,895,000 $7,950,000 $8,713,500 $8,124,800 $588,700
11-23-2019 201918292 In Escrow Showing Active In Escrow Showing $8,895,000 $7,950,000 $8,713,500 $8,124,800 $588,700
10-10-2019 201918292 Price Decrease $11,800,000 $8,895,000 $8,895,000 $7,950,000 $8,713,500 $8,124,800 $588,700
06-26-2019 201918292 New Listing $11,800,000 Active $8,895,000 $7,950,000 $8,713,500 $8,124,800 $588,700

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Estimated Monthly Mortgage Payment

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Rate:
2.63% 2.88% 3.13% 3.38% 3.63% 3.88% 4.13% 4.38% 4.88%
0% Down
$35,727$36,905$38,104$39,324$40,566$41,828$43,110$44,411$47,073
3.5% Down
$34,476$35,613$36,770$37,948$39,146$40,364$41,601$42,857$45,426
10% Down
$32,154$33,214$34,294$35,392$36,509$37,645$38,799$39,970$42,366
20% Down
$28,581$29,524$30,483$31,460$32,453$33,462$34,488$35,529$37,658
30% Down
$25,009$25,833$26,673$27,527$28,396$29,279$30,177$31,088$32,951
40% Down
$21,436$22,143$22,862$23,595$24,339$25,097$25,866$26,647$28,244
50% Down
$17,863$18,452$19,052$19,662$20,283$20,914$21,555$22,206$23,537

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