$664,900
SOLD FEB 26, 2018

10 Wailea Ekolu Place Unit 1601 Kihei, HI 96753

Wailea-Makena Neighborhood
2 Beds
2 Baths
803,682 Sq Ft
18 Acres

Recently Sold

$1 Per Sq Ft

13 Days on Market

Highlights

  • In Ground Pool
  • 18.45 Acre Lot
  • Security Guard
  • Property is near an ocean
  • Garden View

About This Home

As of September 2022

Priced to Sell! At the time of listing, this is the lowest priced 2 bedroom in Wailea that allows vacation rentals. This well-kept, spacious two bedroom unit is seamlessly expanded by the large outdoor living spaces, ideal for entertaining or enjoying the tropical, private atmosphere. Ground floor setting with no stairs results in easy access and super natural light throughout. Being sold unfurnished, it presents a tremendous opportunity for a savvy Buyer to create a private oasis as a second home or a top-producing vacation rental. Wailea Ekolu has a reputation as one of the best-kept properties in South Maui, with residents enjoying the on-site amenities and yet within easy walking distance to restaurants, shops, and activities. Call your favorite Realtor today - Wailea Ekolu 1601 is one of the strongest values in the Wailes real estate market and will not last.

Last Agent to Sell the Property

Ryan MacLaughlin

Island Sotheby's Int'l Rlty(W) License #RB-21325 Listed on: 12/06/2017

Island Sotheby's Int'l Rlty(W)

Co-Listed By

Alex Cortez

Island Sotheby's International Realty(L) License #RB-21828

Last Buyer's Agent

Nancy Holzer-Benson

Grand Pacific Resorts Hawaii License #RB-19797

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,113

Year Built

  • Built in 1979

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Property is near an ocean

Additional Features

  • Garden Views
  • Underground Utilities

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Wailea Ekolu Community
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,113

Year Built

Built in 1979

Lot Details

0

Listing Details

  • District: Wailea/Makena
  • Other Features: Security Guard
  • Type: Condo
  • View: Garden View
  • Unit: 1601
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 1071
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Across Street From Ocean
  • Pool Type: In-Ground

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Fees: 235
  • Association Manager: WCA
  • Complex Name: Wailea Ekolu
  • Monthly Maintenance Fee: 804

Lot Info

  • County Zoning: H-2 Hotel District
  • Land Acres: 18.45
  • Land Sq Ft: 803682
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes Per Month: 372.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Sep 9, 2022
Sold by
Arthur Dahl Richard and Arthur Jennifer
Bought by
Williams Joseph Hill and Goncalves Ana Carolina Cun
Seller's Agent
Wendi Anderson
Whalers Investment Group LLC
Buyer's Agent
Desiree Kawasaki Abreu
Maui Real Estate Group LLC
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Total Days on Market
13
Current Estimated Value
$1,618,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,023
Avg. Annual Appreciation
11.66%
Original Mortgage
$557,000
Outstanding Balance
$534,647
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,083,376

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 22, 2021
Sold by
Creal Kenneth Lewis
Bought by
Dahl Richard Artur and Dahl Jennifer
Seller's Agent
Mark Budaska
Coldwell Banker Island Prop-Ku
Buyer's Agent
Wendi Anderson
Whalers Investment Group LLC
List Price
$939,000
Sold Price
$899,000
Premium/Discount to List
-$40,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.09%

Purchase Details

Closed on
Apr 2, 2006
Sold by
Wanlass Christian Roy and Wells Hugh Thomas
Bought by
Wanlass Christian Roy and Wells Hugh Thomas

Purchase Details

Closed on
Jan 5, 2005
Sold by
Whetstone Keryl Louise
Bought by
Wanlass Christian Roy and Wells Hugh Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2003
Sold by
Kocivar Jane
Bought by
Whetstone Keryl Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.26%
Mortgage Type
Unknown
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
Deed -- Fidelity National Title
Deed $899,000 Fnt
Interfamily Deed Transfer -- Accommodation
Deed $587,500 --
Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $557,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $470,000 Unknown
Previous Owner $320,000 Unknown
Previous Owner $175,000 No Value Available
Closed $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $1,200,000 -14.2% $1 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $1,399,000 +55.6% $2 / Sq Ft
04/30/2021 04/30/21 Sold $899,000 -4.3% $1 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $939,000 0.0% $1 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $939,000 +41.2% $1 / Sq Ft
02/26/2018 02/26/18 Sold $664,900 0.0% $1 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $664,900 -- $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 $17,113 $2,003,400 $101,100 $1,902,300
2024 $17,113 $1,789,500 $101,100 $1,688,400
2023 $17,113 $1,444,100 $91,900 $1,352,200
2022 $10,943 $923,500 $69,000 $854,500
2021 $9,046 $814,200 $69,000 $745,200
2020 $4,716 $858,800 $73,600 $785,200
2019 $4,398 $697,000 $73,600 $623,400
2018 $4,551 $721,200 $73,600 $647,600
2017 $4,467 $0 $0 $0
2016 $360 $600,100 $77,100 $523,000
2015 $5,107 $521,800 $72,300 $449,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 376575

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-077-0133