Sold for $525,000

Street View

$525,000

1234 Fraser Ave, Lanai City, HI 96763

2beds

2baths

946sqft

Single Family Residence, Residential

Built in 1935

6,250 Square Feet Lot

$466,500 Zestimate^®

$555/sqft

$3,043 Estimated rent

Home value

$466,500

$401,000 - $546,000

$3,043/mo

Zestimate^® history

Owner options

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$3,043/mo

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$3,043/mo

Rent Zestimate^®

Refinance and save

$2,285/mo

Est. payment

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$2,285/mo

Est. payment

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What's special

Shipwreck beach

Escape to the serene and enchanting island of Lana'i, where tranquility meets charm! This delightful home is situated in the heart of Lana'i City, near the grocery store, Lana'i Public School, a movie theater, a park, and a gas station. Perfectly positioned, it's only a short drive to Manele Bay, where sun-soaked beaches await you. Experience breathtaking adventures at Shipwreck Beach on the north side of the island and explore the stunning Keahiakawelo (Garden of the Gods) in the northwest. For animal lovers, the Lana'i Cat Sanctuary is just a few minutes away, offering a unique opportunity to connect with these incredible creatures. This is an REO property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Primary bedroom

Level: Ground

Interior area

Total structure area: 946
Total interior livable area: 946 sqft

Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Features

Levels: One
Stories: 1
Has view: Yes
View description: Garden
Waterfront features: None

Lot

Size: 6,250 Square Feet
Topography: Level,Gentle Slope

Details

Parcel number: 2490040150000
Special conditions: Real Estate Owned

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Foundation: Pillar/Post/Pier
Roof: Shingle

Condition

Year built: 1935

Utilities & green energy

Electric: Overhead Electricity

Community & HOA

Location

Region: Lanai City

Financial & listing details

Price per square foot: $555/sqft
Tax assessed value: $603,700
Annual tax amount: $3,544
Date on market: 12/17/2024

Price history

Date	Event	Price
2/27/2025	Sold	$525,000+25.3%$555/sqft
Source: RAM #404361 Report a problem
8/31/2006	Sold	$419,000$443/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,544 +9.5%	$603,700 +9.5%
2024	$3,235 +12%	$551,100 +11.6%
2023	$2,889 +9.7%	$493,800 +9.7%
2022	$2,633 +11%	$450,100 +3.4%
2021	$2,372 -0.3%	$435,300 -0.6%
2020	$2,379 +2.8%	$437,900 +3.1%
2019	$2,316	$424,900 +1.3%
2018	$2,316 -0.1%	$419,500
2017	$2,318 +1.3%	--
2016	$2,289	$431,800 +7.3%
2015	--	$402,500 +46.2%
2014	$767 +1178.3%	$275,400
2002	$60	--
2000	--	--