NOT LISTED FOR SALE

10 Kaalele Place Kula, HI 96790

Estimated Value: $1,540,000 - $1,867,000

0.27 Acre
$6,333,939 Price per Acre
11,674 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $450,000 $39 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $10,058/month

1 Day on Market

Highlights

  • Ocean View
  • Corner Lot
  • Gentle Sloping Lot

About This Lot

As of September 2021

Unobstructed panoramic coastal vistas from this near-the-top-corner lot in the most coveted subdivision in Kula. Kulamanu is a premier, safe, well-maintained, established neighborhood with beautiful jacaranda trees, friendly neighbors and visible pride of ownership in each custom designed home. Elevation is at Maui's sweet spot with a cool, temperate climate. AC/heat is optional.. Far enough away from the hustle and bustle - yet close to shopping, schools, churches and restaurants - great place to build your forever home. County water meter installed and Association dues are only $72 a month.

Last Agent to Sell the Property

Arlene Lindsey

Kulamanu Realty License #RS-55031 Listed on: 08/23/2021

Last Buyer's Agent

Arlene Lindsey

Kulamanu Realty License #RS-55031 Listed on: 08/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,163

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Gentle Sloping Lot
  • Cleared Lot

Additional Features

  • Ocean Views
  • Underground Utilities

Community Details

  • Property has a Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$9,163

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • Type: Vacant Land
  • View: Ocean
  • Possible Use: Single Family
  • Restrictions: Covenants
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 38.55

Utilities

  • Utilities To Site: County Water, Underground Electricity
  • Water To Site: County Water

Condo/Co-op/Association

  • Other Monthly Fees: Associated Fee

Lot Info

  • Land Acres: 0.267998
  • Land Sq Ft: 11674
  • Topography: Gentle Slope, Irregular
  • Lot Description: Clear
  • Lot Location: Corner
  • Number Of Lots In Listing: One
  • Land Use: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 7, 2021
Sold by
Deville Michael Belden and Deville Mui Si
Bought by
Faoro Ricki John and Faoro Kelly Louise
Seller's Agent
Arlene Lindsey
Kulamanu Realty
Buyer's Agent
Arlene Lindsey
Kulamanu Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$1,697,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,247,483
Avg. Annual Appreciation
40.34%

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jan 31, 2020
Sold by
Tom Randall Mark and Tom Yang Hee
Bought by
Deville Michael Belden and Deville Mui Si
Seller's Agent
Debra Merle
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Arlene Lindsey
Kulamanu Realty
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Jan 28, 2015
Closed on
May 7, 2015
Sold by
Rowe David M and Rowe Marilynn E
Bought by
Tom Randall Mark and Tom Yang Hee
Seller's Agent
Cynthia Warner
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Todd Hudson
Keller Williams Realty Maui-Ki
List Price
$389,000
Sold Price
$371,250
Premium/Discount to List
-$17,750
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Futch David Kelly and Futch Andrea Deane
Bought by
Quality Farms Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faoro Ricki John $450,000 Fnt
Deville Michael Belden $390,000 Fnt
Tom Randall Mark $371,250 Fntic
Quality Farms Inc $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faoro Ricki John $500,000
Closed Faoro Ricki John $225,000
Previous Owner Quality Farms Inc $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $450,000 0.0% $39 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $450,000 +15.4% $39 / Sq Ft
02/05/2020 02/05/20 Sold $390,000 -8.2% $33 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $425,000 +14.5% $36 / Sq Ft
05/19/2015 05/19/15 Sold $371,250 -4.6% $32 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $389,000 -- $33 / 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 $9,163 $1,634,900 $833,200 $801,700
2024 $9,163 $1,387,400 $624,900 $762,500
2023 $3,047 $520,800 $520,800 $0
2022 $2,011 $343,700 $343,700 $0
2021 $1,726 $316,700 $316,700 $0
2020 $2,050 $376,100 $376,100 $0
2019 $2,009 $358,700 $358,700 $0
2018 $1,964 $355,800 $355,800 $0
2017 $1,946 $0 $0 $0
2016 $1,807 $341,000 $341,000 $0
2015 -- $310,000 $310,000 $0
2014 -- $304,800 $304,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392751

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-023-098-0000