$790,000
SOLD APR 3, 2017

1 Ritz Carlton Dr Unit 1411 Lahaina, HI 96761

Kapalua Neighborhood
1 Bed
1 Bath
1,219,680 Sq Ft
1992 Built

Recently Sold

$1 Per Sq Ft

5% Below List Price

77 Days on Market

Highlights

  • Beach Front
  • 28 Acre Lot
  • Home Gym
  • In Ground Pool
  • Mountain View
  • Central Air

About This Home

As of April 2020

Welcome to the luxurious Ritz Hotel, renovated one bedroom Residential Suite 1411, located on the north side of the Hotel looking towards Honolua Bay and the spectacular West Maui mountains. All of the 107 Residential Suites were renovated, and completed in September 2016. The kitchens in the Residential Suites benefited greatly by the improvements! New appliances include Wolf cooktop, convection/microwave oven, Subzero refrigerator/freezer/wine refrigerator, and Bosch dishwasher. Suite 1411 is currently rented in the on site Ritz Carlton Hotel rental program. The amenities available to owners and guests of the Ritz Carlton Hotel are renowned! The Ritz Spa features treatment rooms with private garden showers, volcanic stone grottos, steam rooms, saunas and movement studio with spectacular ocean views. The Jean-Michel Cousteau Ambassadors of the Environment program offers a variety of outdoor activities with trained naturalists. The Hotel offers concierge service, a wonderful fitness center, shopping, extensive meeting spaces and restaurants to suit everyone. Kapalua Resort is home to 12 residential communities of condos and single family homes, two championship golf courses, The Montage Residences on Kapalua Bay, Spa Montage, miles of hiking and walking paths, Kapalua Golf Academy, Kapalua Tennis Garden, several award winning restaurants, 3 white sand beaches, and simply amazing views of the ocean and West Maui mountains everywhere you look! Kapalua Resort is truly an oasis of outstanding natural beauty, luxury resort services and Hawaiian aloha spirit.

Last Agent to Sell the Property

Sunny Vermaas

Compass-W License #RB-16935 Listed on: 12/17/2016

Last Buyer's Agent

Jennifer Edwards

Coldwell Banker Island Prop(S) License #RB-23247

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,848

Year Built

  • Built in 1992

Interior Spaces

  • Home Gym
  • Mountain Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Beach Front

Community Details

Overview

  • The Ritz Carlton Residences Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,848

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Tennis Court, Exercise Room
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: 1411
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1992
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 870
  • Floor Level: 4

Exterior Features

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

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: Private Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: The Ritz Carlton Residences
  • Monthly Maintenance Fee: 2011

Lot Info

  • County Zoning: H-M Hotel District
  • Land Acres: 28
  • Land Sq Ft: 1219680
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Brand Michael
Bought by
Mb Kapalua Holdings Llc
Current Estimated Value
$1,235,684

Purchase Details

Closed on
Jan 17, 2020
Sold by
Gd Kapalua Holdings Llc
Bought by
Brand Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2016
Closed on
Mar 24, 2017
Sold by
Lee Sun Won and Yoo Hyun Sook
Bought by
Gd Kapalua Holdings Llc
Seller's Agent
Sunny Vermaas
Compass-W
Buyer's Agent
Jennifer Edwards
Coldwell Banker Island Prop(S)
List Price
$835,000
Sold Price
$790,000
Premium/Discount to List
-$45,000
-5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Apr 29, 2008
Sold by
W2005 Kapalua/Gengate Hotel Realty Llc
Bought by
Lee Sun Won and Yoo Hyun Sook
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
Deed $1,000 Accommodation
Deed $735,000 Tg
Deed $790,000 Tg
Limited Warranty Deed $1,200,000 First American Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $514,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $735,000 -17.9% $8 / Sq Ft
03/09/2020 03/09/20 For Sale $895,000 0.0% $10 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/25/2019 12/25/19 For Sale $895,000 +13.3% $10 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
04/03/2017 04/03/17 Sold $790,000 -5.4% $1 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
12/17/2016 12/17/16 For Sale $835,000 -- $1 / 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 $12,848 $1,010,700 $98,200 $912,500
2024 $12,848 $1,025,800 $98,200 $927,600
2023 $12,081 $1,019,500 $98,200 $921,300
2022 $9,319 $786,400 $31,200 $755,200
2021 $8,940 $804,700 $39,500 $765,200
2020 $10,702 $965,900 $39,500 $926,400
2019 $9,889 $919,900 $36,200 $883,700
2018 $9,376 $1,010,300 $32,900 $977,400
2017 $8,582 $0 $0 $0
2016 $5,767 $662,100 $31,400 $630,700
2015 $5,171 $717,500 $31,400 $686,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 372237

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-021-0034