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247 Papapa Pl
Molokai Land
$2,500,000   Active
Photo of 247 Papapa Pl, Maunaloa, HI 96770
A RARE offering of a 6.5 acre beachfront home site located on 3 mile Papohaku Beach on the west side of Molokai. The property has a custom built stone wall and the boundaries are lined with Norfolk pine trees. There are 3 excellent building sites on the property, two with whitewater views. A driveway meanders through the property and there is a path to the beach. The stunning views stretch northward to Ilio Point. Electric has been pulled to the oceanfront home site. A three-tiered custom rock wall separates the home sites. There are over 100 mature trees on the property with partial irrigation. The property is on Papapa Place located at the end of a cul-de-sac street affording maximum privacy. Enjoy year round sunsets. Fishing, hiking trails, ands surfing are all nearby.
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MLS ID: 201702749
TMK: 2-5-1-007-056-0000
Region: Molokai
Neighborhood: Molokai
City: Maunaloa
Zip Code: 96770
Living Area: sq ft   ( / sq ft)
Days On Market: 166
Listing Date: 02/12/2017
Original Price: $2,500,000
Land Tenure: Fee Simple
Condition: Average

Year Built:
View: Diamond Head, Ocean
Frontage: Ocean
New Construction:
Pets: No

Utilities: Electricity, Public Water, Septic, Telephone, Underground Electricity, Water
Disclosures: None
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Financing: Cash, Conventional, Exchange
Sales Conditions: None
Total Fees:
Land: $697,300
Improvements: $0
Assessed Total: $697,300
Assessed Ratio: 358.53%
Monthly Tax: $328   (Tax Year 2016)
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Building Style:
Unit Features:
Floor Number:
# Elevators:
Flood Zone: Zone X
Management Co.:
Phone #:
Listing Courtesy: Molokai Land and Homes
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Date Field Old Value New Value
02/13/17 Status   Active
02/13/17 List Price   2500000
Date Status Price
01/03/15 Expired $3,500,000 View
01/14/16 Expired $3,000,000 View
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Loan 1 Point w/20% Down: $20,000
Lender Title Insurance: $250
Lender Fee: $595
Appraisal: $650
Escrow Fee: $2,040
Title Insurance: $2,016
Home Inspection: $0
Closing Reserve: $350
Property Tax: $443
Other Fees: $200
Total: $26,544
Rate 4.00% 4.50% 5.00%
0% Down $11,935 $12,667 $13,421
3.5% Down $11,518 $12,224 $12,951
10% Down $10,742 $11,400 $12,078
20% Down $9,548 $10,134 $10,736
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