4141 LEI O PAPA RD #6 PRINCEVILLE HI 96722

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Asking Price

$182,500

$104/sf

$0/ac

Smart Price

$153,666

$87/sf

$0/ac

Assessed Value

$127,750

$73/sf

$0/ac

Enjoy Affordable Fractional Ownership - Deeded fee simple ownership for Interval JUNE 15 to AUGUST 14 every year. Can be paid off free and clear for similar amount as down payment on a similar condo. Located in Princeville’s prestigious gated community of the Villas of Kamali'i, you will enjoy panoramic mountain views, heated swimming pool, spa and barbecue area, not to mention being minutes from some of the most beautiful beaches in the world. A Honda Pilot SUV is included and the garage plus dedicated outdoor parking area makes for convenient ease of use. This beautifully furnished turnkey townhouse style condo offering sits overlooking the Makai Golf Course with great views and cool trade winds. All costs for operating the condo are equally shared by the six fractional interval owners and include all utilities, internet, phone, TV, homeowners association dues, taxes, insurance, vehicle costs, and a reserve allowance for replacement of furniture, appliances, and vehicle. Cost savings from not having to rent a vehicle for 2 months compensate for a large part of each owner’s total annual costs. Each owner’s annual operating costs for 2019 is $4,962 (includes $800 reserve) billed quarterly at $1,241.

The Basics
Property Type
Condo
Beds
3
Baths
3
Living Area
1,761 sf
Lot Size
0.0 acres
Days on Market
301
Land Tenure
Fee Simple
Ownership
Fractional/Shared
Financial
Tax Assessed Value
$127,750
Year Assessed
2019
Terms Acceptable
1031 Exchange, Cash
Monthly HOA Fees
$651
Monthly Taxes
$602
Parcel #
540060010006
Tax Amount
$601
Amenities
Appliances
Convection Oven, Disposal, Dishwasher, Refrigerator, Range/Oven
Flooring
Ceramic Tile
Inclusions
Convection Oven, Disposal, Dishwasher, Refrigerator, Range/Oven
Land
Elevation
65 feet
Latitude
22.21785273
Longitude
-159.48339838
Subdivision
PRINCEVILLE
Roads
Private, Paved
Zoning
R-15 - Residential (15 units/acre)
Flood Zone
X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
CC&Rs
Covenants, Conditions & Restrictions are rules that govern residences.
Yes
Project
VILLAS OF KAMALII
Building
Property Type
Condo
Beds
3
Baths
3
Living Area
1,761 sf
Year Built
2002
Waste Water
Sewer-Connected
Water
Private
Power
Underground
Solid Waste Disposal (Trash)
Included with Maintenance Fees
Building Units
6
Parking
Vehicle Storage
Unassigned
MLS Data
MLS #
632881
Listing Agent
Steven Moody RB-14729
Brokerage
Steven D. Moody, Broker
Source
Hawaii Information Systems
Listing Date
2019-09-28
Other
Special Assessment
No
Knowledge = Power
Know your inventory before making an offer.