$845,000
SOLD OCT 9, 2015

1 Ritz Carlton Dr Unit 1502 Lahaina, HI 96761

Kapalua Neighborhood
1 Bed
1 Bath
1,221,205 Sq Ft
28 Acres

Recently Sold

$1 Per Sq Ft

9% Below List Price

65 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • 28.04 Acre Lot
  • Ocean View
  • Sauna
  • Party Room

About This Home

As of October 2015

Here is your Opportunity to Own this Fully Furnished and Completely Remodeled, FULL Kitchen unit at the World Renowned Ritz Carlton Residences in Kapalua Maui. While other units have yet to start the kitchen remodel, you will be Enjoying Ocean Views, Sunsets year round and all the Luxuries that come with this Five Diamond Resort. Perfectly situated with Ocean views, you are just steps away from a Magnificent Pool, Hot tub, Beach, Spa, Gym and Dining. Start Living your Dream Today!!

Last Agent to Sell the Property

Gerrianne Sakamoto

Equity One Real Estate Inc (M) License #RS-41194 Listed on: 05/27/2015

Co-Listed By

Shaun Pederson

Island Sotheby's International Realty(L) License #RS-75662

Last Buyer's Agent

Baldave Singh

Coldwell Banker Island Prop-KP License #RB-16580

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,109

Year Built

  • Built in 1992

Interior Spaces

  • Sauna
  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

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

Additional Features

  • Heated In Ground Pool
  • Beach Front

Community Details

Recreation

  • Tennis Courts

Additional Features

  • The Ritz Hotel Suites Community
  • Party Room
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,109

Year Built

Built in 1992

Lot Details

0

Listing Details

  • District: Kapalua
  • Other Features: Tennis Court, Exercise Room, Sauna, Security Guard, Party Room
  • Type: Condo
  • View: Ocean
  • Unit: 1502
  • 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: 872
  • Floor Level: 5

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: The Ritz Hotel Suites
  • Monthly Maintenance Fee: 2078.18

Lot Info

  • County Zoning: H-1 Hotel District
  • Land Acres: 28.035
  • Land Sq Ft: 1221205
  • State Zoning: Urban

Tax Info

  • Taxes Per Month: 397.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Sep 28, 2015
Sold by
Adams Derrick Kalani
Bought by
Huffman Alison M and Douglas J Huffman Credit Shelter Trust
Seller's Agent
Gerrianne Sakamoto
Equity One Real Estate Inc (M)
Buyer's Agent
Baldave Singh
Coldwell Banker Island Prop-KP
List Price
$925,000
Sold Price
$845,000
Premium/Discount to List
-$80,000
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$536,250
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2009
Sold by
W2005 Kapalua/Gengate Hotel Realty Llc
Bought by
Adams Derrick Kalani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.99%
Mortgage Type
Unknown
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 $845,000 Tg
Warranty Deed $950,000 First American Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $491,801 New Conventional
Closed $491,801 Future Advance Clause Open End Mortgage
Closed $536,250 Adjustable Rate Mortgage/ARM
Previous Owner $665,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 For Sale $1,495,000 +76.9% $1,714 / Sq Ft
10/09/2015 10/09/15 Sold $845,000 -8.6% $1 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $925,000 -- $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 $13,109 $1,068,800 $98,400 $970,400
2024 $13,109 $1,045,100 $98,400 $946,700
2023 $12,587 $1,062,200 $98,400 $963,800
2022 $9,421 $795,000 $31,300 $763,700
2021 $9,195 $827,500 $39,600 $787,900
2020 $15,705 $1,417,400 $39,600 $1,377,800
2019 $14,511 $1,349,900 $36,300 $1,313,600
2018 $10,544 $1,136,200 $33,000 $1,103,200
2017 $10,497 $0 $0 $0
2016 $5,781 $663,700 $31,400 $632,300
2015 $5,198 $721,800 $31,400 $690,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 365137

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-021-0046