$1,490,000
SOLD JUN 17, 2024

1 Ritz Carlton Dr Unit 1601 Lahaina, HI 96761

Kapalua Neighborhood
1 Bed
1 Bath
872 Sq Ft
$1,033/mo HOA Fee

Recently Sold

$1,709 Per Sq Ft

12% Below List Price

406 Days on Market

Highlights

  • Beach Front
  • Sauna
  • Mountain View
  • In Ground Pool
  • 28.35 Acre Lot
  • Wood Flooring

About This Home

As of June 2024

Beautiful, Quiet & Spacious are a few of the words that come to mind for this 'Gem of a Unit' at the Beachfront Ritz-Carlton Maui, Kapalua. Gorgeous Ocean & Mountain views. This is a great place to unwind and relax on one of the two spacious covered lanais enjoying the view and watching the whales in season. Owners enjoy all of the resort amenities including a world class spa and exercise facility as well as certain exclusive privileges including personalized concierge, and various discounts and much more. Unit was completely upgraded in 2016 with new appliances and furniture package. This is a wonderful opportunity for a Buyer to own a beautiful Beachfront Ritz-Carlton Residence in world renowned Kapalua Resort.

Last Agent to Sell the Property

Nam Le Viet

Coldwell Banker Island Prop-KP License #RS-61810 Listed on: 03/22/2023

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Nam Le Viet

Coldwell Banker Island Prop-KP License #RS-61810 Listed on: 03/22/2023

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,958

Year Built

  • Built in 1992

HOA Fees

  • $1,033 Monthly HOA Fees

Home Design

  • Tile Roof
  • Masonry
  • Stucco

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Chandelier
  • Drapes & Rods
  • Sauna
  • Home Gym
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Pool

  • In Ground Pool
  • Spa

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • No Heating
  • Underground Utilities
  • Private Water Source
  • Cable TV Available

Additional Features

  • Lanai
  • Beach Front

Listing and Financial Details

  • Assessor Parcel Number 2420040210063

Community Details

Overview

  • The Ritz Carlton Residences Community
  • Kapalua Central Resort Subdivision

Security

  • Security Guard

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,958

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,033 per month

Listing Details

  • View: Mountain/Ocean
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Security Guard
  • Subdivision Name: KAPALUA CENTRAL RESORT
  • Accessibility Features: 1 Level
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Chandelier/Swag Lamp, Furnished, Kitchen Ware, Linens, TV Cable, Exercise Room, Sauna
  • LivingArea: 872
  • Property Attached Yn: Yes
  • Roof: Monier Tile/Tile
  • WindowFeatures: Drapes
  • Tax Year: 2023
  • Master Plan Zoning: H-M
  • Financial Info Electric: Underground
  • Special Features: None
  • Year Renovated: 2016

Interior Features

  • Flooring: Stone/Concrete, Wood
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 1

Exterior Features

  • Acres: 28.35
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Stucco, Masonry
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Sewer Connected, Phone Connected, Cable Connected
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 1033
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Middle Or Junior School: Lahaina Intermediate

Lot Info

  • Lot Size Sq Ft: 1234926
  • ResoLotSizeUnits: Acres
  • Parcel #: 2420040210063
  • Zoning Description: Hotel District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 12957.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 6, 2024
Sold by
Maui Holdings Trust and Rose Neil
Bought by
Lahaina Rabbi Gunee Hana Limited Liability Co
Seller's Agent
Nam Le Viet
Coldwell Banker Island Prop-KP
Buyer's Agent
Nam Le Viet
Coldwell Banker Island Prop-KP
List Price
$1,685,000
Sold Price
$1,490,000
Premium/Discount to List
-$195,000
-11.57%
Total Days on Market
406
Views
23
Current Estimated Value
$1,474,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,244
Avg. Annual Appreciation
-1.04%
Original Mortgage
$1,221,000
Outstanding Balance
$1,210,137
Interest Rate
7.22%
Mortgage Type
Seller Take Back
Estimated Equity
$264,619

Purchase Details

Listed on
Dec 20, 2019
Closed on
Dec 28, 2020
Sold by
Kh & Bk Llc
Bought by
Rose Neil and Maui Holdings Trust
Seller's Agent
Robbie Dein
Maui Real Estate Advisors LLC
Buyer's Agent
Nam Le Viet
Coldwell Banker Island Prop-KP
List Price
$918,000
Sold Price
$837,500
Premium/Discount to List
-$80,500
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.12%

Purchase Details

Closed on
Feb 22, 2008
Sold by
W2005 Kapalua/Gengate Hotel Realty Llc
Bought by
Kh & Bk Llc
Source: Public Records

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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
Grant Deed -- Fnt
Warranty Deed $837,500 Fnt
Limited Warranty Deed $1,235,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,221,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $1,490,000 -9.7% $1,709 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $1,650,000 -2.1% $1,892 / Sq Ft
03/21/2023 03/21/23 For Sale $1,685,000 +101.2% $1,932 / Sq Ft
12/31/2020 12/31/20 Sold $837,500 -6.7% $0 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $898,000 -2.2% $0 / Sq Ft
12/20/2019 12/20/19 For Sale $918,000 -- $0 / 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 $13,351 $1,126,500 $98,400 $1,028,100
2024 $13,351 $1,063,000 $98,400 $964,600
2023 $13,068 $1,102,800 $98,400 $1,004,400
2022 $9,523 $803,600 $31,300 $772,300
2021 $9,389 $844,900 $39,600 $805,300
2020 $11,518 $1,039,500 $39,600 $999,900
2019 $10,643 $990,000 $36,300 $953,700
2018 $10,041 $1,082,000 $33,000 $1,049,000
2017 $9,234 $0 $0 $0
2016 $5,781 $663,700 $31,400 $632,300
2015 $5,221 $725,900 $31,400 $694,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398419

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-021-0063