$837,500
SOLD DEC 31, 2020

1 Ritz Carlton Dr Unit 1601 Lahaina, HI 96761

Kapalua Neighborhood
1 Bed
1 Bath
2,352,240 Sq Ft
1992 Built

Recently Sold

$0 Per Sq Ft

9% Below List Price

359 Days on Market

Highlights

  • Beach Front
  • Sauna
  • Mountain View
  • In Ground Pool
  • 54 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 Oceanfront Ritz Carlton in Kapalua. Gorgeous Ocean & Mountain views. This is a great place to unwind and relax on one of the two spacious covered lanais while sipping champagne and watching the whales in the distance. Along with the unit, what you are buying into, really, is a lifestyle. Owners enjoy all of the resort amenities as well as certain exclusive privileges including personalized concierge/host, preferred golf, tennis & dinner reservation times, open use of the world class spa and exercise facilities, various discounts and much more! Unit had an approx. 100k remodel including furniture, new kitchen appliances including Wolf cooktop, convection/microwave oven, Subzero refrigerator/freezer/wine refrigerator, and Bosch dishwasher in 2016! This is a wonderful opportunity for a Buyer to own a beautiful unit at the Oceanfront Ritz Carlton Residences in world renowned Kapalua Resort.

Last Agent to Sell the Property

Robbie Dein

Maui Real Estate Advisors LLC License #RB-18398 Listed on: 12/20/2019

Co-Listed By

Ken Hayo

Maui Real Estate Advisors LLC License #RB-15529

Last Buyer's Agent

Nam Le Viet

Coldwell Banker Island Prop-KP License #RS-61810

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,351

Year Built

  • Built in 1992

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Sauna
  • Home Gym
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420040210063

Community Details

Overview

  • High-Rise Condominium
  • The Ritz Carlton Residences Community

Amenities

  • Elevator

Security

  • Security Guard
  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,351

Year Built

Built in 1992

Lot Details

0

Listing Details

  • District: Kapalua
  • Other Features: Tennis Court, Exercise Room, Sauna, Bar-B-Que, Security Guard, Spa/Hot Tub
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: 1601
  • Year Built: 1992
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone/Concrete, Wood
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Drapes, Furnished, Inventory, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable
  • Living Area Sq Ft: 878
  • Price Per Sq Ft: 953.87
  • Floor Level: 6
  • Passenger Elevator: Three Or More

Exterior Features

  • Design And Structure: High-Rise 4+ Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Waterfront Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees
  • Complex Name: The Ritz Carlton Residences
  • Monthly Maintenance Fee: 1905.71

Schools

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

Lot Info

  • Land Acres: 54
  • Land Sq Ft: 2352240

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2420040210063

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
359
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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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
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: 385458

Maui MLS (REALTORS® Association of Maui)

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