$2,400,000
SOLD MAR 22, 2019
3 Beds
3.5 Baths
914,760 Sq Ft
2009 Built

Recently Sold

$3 Per Sq Ft

20% Below List Price

271 Days on Market

Highlights

  • Ocean Front
  • 21 Acre Lot
  • Storage
  • In Ground Pool
  • Garden View
  • Outdoor Grill

About This Home

As of February 2023

A rare opportunity to own the most attractively priced three bedroom, three and one half bath residence with a den at The Montage Kapalua Bay, West Maui's newest luxury resort with world class amenities. Situated on the ground floor of Building 2, you can enjoy easy access to Kapalua Bay as well as the beautiful walking trails along the ocean and through Kapalua Resort. This fully furnished condominium of just under 3,000 square feet offers a spacious lanai with a garden setting. Kapalua Resort offers many amenities including two golf courses, tennis facilities, numerous restaurants and the resort shuttle. Seller is offering one year of Montage Homeowners Association fee as an incentive to the buyer.

Last Agent to Sell the Property

Mary Anne Fitch

Coldwell Banker Island Prop-KP License #RB-15747 Listed on: 06/04/2018

Coldwell Banker Island Prop-KP

Co-Listed By

Eric Littlejohn

Compass License #RB-22409

Last Buyer's Agent

Karen Olsen

Keller Williams Realty Maui-Ki License #RS-60692

Keller Williams Realty Maui-Ki

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $54,467

Year Built

  • Built in 2009

Parking

  • 2 Car Garage

Interior Spaces

  • Storage
  • Garden Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Outdoor Grill
  • Ocean Front
  • Central Air

Community Details

Overview

  • Residences On Kapalua Bay Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$54,467

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Bar-B-Que, Extra Storage, Spa/Hot Tub
  • Type: Condo
  • View: Garden View
  • Unit: 2206
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Living Area Sq Ft: 2904
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer Connected

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Residences On Kapalua Bay
  • Monthly Maintenance Fee: 4813.93

Lot Info

  • County Zoning: H-2 Hotel District
  • Land Acres: 21
  • Land Sq Ft: 914760
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes Per Month: 2615.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Dec 31, 2022
Sold by
Priestner Michael William and Priestner Patricia May
Bought by
Rasmussen David M and Rasmussen Kimberly F
Seller's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
Buyer's Agent
Evan Harlow
Coldwell Banker Island Prop-KP
List Price
$3,800,000
Sold Price
$3,650,000
Premium/Discount to List
-$150,000
-3.95%
Current Estimated Value
$4,540,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,954
Avg. Annual Appreciation
8.76%
Original Mortgage
$2,555,000
Interest Rate
5.73%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 4, 2018
Closed on
Mar 15, 2019
Sold by
Mau Kapalua Bay Ii Llc
Bought by
Priestner Michael William and Priestner Patricia May
Seller's Agent
Mary Anne Fitch
Coldwell Banker Island Prop-KP
Buyer's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
List Price
$3,000,000
Sold Price
$2,400,000
Premium/Discount to List
-$600,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Nov 26, 2014
Sold by
Real Property 42 Llc
Bought by
Hi Maui Kapalua Bay Ii Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Deed $5,200,000 Fntic
Limited Warranty Deed $1,214,600 Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,555,000 Balloon
Previous Owner $2,585,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $3,650,000 -3.9% $4 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $3,800,000 0.0% $4 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $3,800,000 0.0% $4 / Sq Ft
04/09/2022 04/09/22 Price Changed $3,800,000 +2.0% $4 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
09/21/2021 09/21/21 Price Changed $3,725,000 +2.8% $4 / Sq Ft
06/20/2021 06/20/21 Price Changed $3,625,000 +4.3% $4 / Sq Ft
06/22/2020 06/22/20 For Sale $3,475,000 +44.8% $4 / Sq Ft
03/22/2019 03/22/19 Sold $2,400,000 -9.4% $3 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
09/20/2018 09/20/18 Price Changed $2,650,000 -5.4% $3 / Sq Ft
07/12/2018 07/12/18 Price Changed $2,800,000 -6.7% $3 / Sq Ft
07/02/2018 07/02/18 Price Changed $3,000,000 +7.1% $3 / Sq Ft
07/02/2018 07/02/18 Price Changed $2,800,000 -6.7% $3 / Sq Ft
06/04/2018 06/04/18 For Sale $3,000,000 -- $3 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $54,467 $3,731,900 $808,100 $2,923,800
2024 $54,467 $3,997,800 $808,100 $3,189,700
2023 $44,274 $3,736,200 $808,100 $2,928,100
2022 $37,277 $3,145,700 $406,700 $2,739,000
2021 $34,140 $3,059,100 $369,700 $2,689,400
2020 $38,500 $3,598,600 $369,700 $3,228,900
2019 $21,246 $3,367,100 $336,100 $3,031,000
2018 $33,071 $3,563,700 $305,500 $3,258,200
2017 $31,387 $0 $0 $0
2016 $29,782 $3,419,300 $238,300 $3,181,000
2015 $12,880 $2,087,100 $238,300 $1,848,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 378741

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-028-0031