NOT LISTED FOR SALE

1032 S Kihei Rd Unit B516 Kihei, HI 96753

Estimated Value: $1,094,000 - $1,550,000

2 Beds
2 Baths
247,856 Sq Ft
5.69 Acres

Last Sold June 06, 2022

Last sale price $1,475,000 $6 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,368/month

11 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • 5.69 Acre Lot
  • Ocean View
  • Sauna
  • 1-minute walk to Waipuilani Park

About This Home

As of June 2022

Experience exceptional Ocean and Mountain Views from this luxury Penthouse Suite! Exquisitely designed, this two bedroom, two bath abode offers Island living at its finest. Quartz counters, stainless steel appliances and a fully equipped Chef’s kitchen creates an entertainer’s delight that flows seamlessly into the living area. Faux wood flooring, split air conditioning, custom crown molding, elegant bathrooms, and modern decor enhances the desirability of this stupendous unit. Maui Sunset boasts immaculate grounds, a large heated freshwater pool, spa, sauna, and a fitness room with top of the line equipment. Close to shops, restaurants, and perfectly positioned at Waipuilani Beach, it’s no wonder this extraordinary vacation rental has received multiple spotlight features and a history of repeat guests. Call your favorite realtor today and schedule a private showing!

Last Agent to Sell the Property

Geoffrey Cook

Century 21 Island Homes License #RS-75108 Listed on: 04/01/2022

Century 21 Island Homes

Co-Listed By

Evelyn Jaramillo

Coldwell Banker Island Prop(P) License #RS-80432

Last Buyer's Agent

Lauren Peacock

Coldwell Banker Island Prop(S) License #RS-78760

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,364

Year Built

  • Built in 1975

Lot Details

  • 5.69

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Pitched Roof
  • Masonry

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Sauna
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Stair Lift
  • Outdoor Grill
  • Beach Front
  • Flood Zone Lot

Listing and Financial Details

  • Short Term Rentals Allowed

Community Details

Overview

  • High-Rise Condominium
  • Maui Sunset Community

Amenities

  • Elevator

Recreation

  • Putting Green
  • Tennis Courts

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,364

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Ada Enhanced Access: Stair Lift Or Elevator
  • Class: Condominium
  • District: Kihei
  • Other Features: Bar-B-Que, Putting Green, Security Guard, Sauna, Spa/Hot Tub, Tennis Court
  • Type: Condo
  • View: Ocean
  • Unit: B516
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1975
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Bathrooms: 2
  • Bedrooms: 2
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 927
  • Price Per Sq Ft: 1591.15
  • Floor Level: 5
  • Passenger Elevator: Two

Exterior Features

  • Construction Data: Masonry
  • Design And Structure: High-Rise 4+ Stories
  • Pool: Yes
  • Roofing: Pitch And Gravel
  • Substructure: Concrete Slab
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Waterfront Unit: Yes

Garage/Parking

  • Uncovered Number Of Cars: 2

Utilities

  • Room AC Number: 3
  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity

Condo/Co-op/Association

  • Complex Name: Maui Sunset
  • Monthly Maintenance Fee: 796.94

Schools

  • Elementary School: Kihei Elementary
  • Middle School: Lokelani Intermediate
  • High School: Maui High

Lot Info

  • Assessed Improvement Value: 601900
  • Assessed Land Value: 105000
  • County Zoning: A-2 Apartment District
  • Flood Zone: Yes
  • General Land Class: Apartment
  • Land Acres: 5.69
  • Land Sq Ft: 247856
  • State Zoning: Urban

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Taxes Per Month: 654.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 19, 2022
Sold by
Maui Sunset B516 Llc
Bought by
Khedekar-Bhandari Family Trust
Seller's Agent
Geoffrey Cook
Century 21 Island Homes
Buyer's Agent
Lauren Peacock
Coldwell Banker Island Prop(S)
List Price
$1,399,000
Sold Price
$1,475,000
Premium/Discount to List
$76,000
5.43%
Current Estimated Value
$1,319,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$155,425
Avg. Annual Appreciation
-3.23%
Original Mortgage
$937,500
Outstanding Balance
$884,329
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$435,246

Purchase Details

Closed on
Oct 24, 2018
Sold by
Bearman Asher and Kaplan Stacey
Bought by
Maui Sunset B516 Llc

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 28, 2017
Sold by
Community United Methodist Church Of Hun
Bought by
Bearman Asher and Kaplan Stacey
Seller's Agent
Wendi Ching
Kumulani Vacations&Realty
Buyer's Agent
Geoffrey Cook
Century 21 Island Homes
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$430,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2017
Sold by
Laird Cynthia Sue
Bought by
Community United Methodist Church Of Hun
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
Khedekar-Bhandari Family Trust -- Hookele Title
Khedekar-Bhandari Family Trust -- Hookele Title
Maui Sunset B516 Llc -- None Available
Bearman Asher $615,000 Tg
Community United Methodist Church Of Hun -- Fidelity Natl Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khedekar-Bhandari Family Trust $937,500
Closed Khedekar-Bhandari Family Trust $937,500
Previous Owner Bearman Asher $430,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $1,475,000 +5.4% $6 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,399,000 +127.5% $6 / Sq Ft
10/05/2017 10/05/17 Sold $615,000 -5.4% $2 / Sq Ft View Prior Sale
08/09/2017 08/09/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $650,000 -- $3 / 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 $17,364 $1,343,900 $229,400 $1,114,500
2024 $17,364 $1,360,300 $229,400 $1,130,900
2023 $12,280 $1,036,300 $229,400 $806,900
2022 $9,401 $793,300 $115,500 $677,800
2021 $7,854 $706,900 $105,000 $601,900
2020 $8,065 $727,900 $105,000 $622,900
2019 $6,694 $622,700 $95,400 $527,300
2018 $5,214 $561,800 $86,700 $475,100
2017 $5,575 $0 $0 $0
2016 $4,888 $561,200 $82,400 $478,800
2015 $3,875 $577,400 $82,400 $495,000
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Cook

    Seller's Agent in 2022

    Geoffrey Cook

    Century 21 Island Homes

    (808) 281-6666

    104 in this area

    185 Total Sales

    Geoffrey Cook
    Section Image
  • Evelyn Jaramillo

    Seller Co-Listing Agent in 2022

    Evelyn Jaramillo

    Coldwell Banker Island Prop(P)

    (808) 294-0858

    45 in this area

    82 Total Sales

    Evelyn Jaramillo
    Section Image

  • L

    Buyer's Agent in 2022

    Lauren Peacock

    Coldwell Banker Island Prop(S)

    Section Image

  • W

    Seller's Agent in 2017

    Wendi Ching

    Kumulani Vacations&Realty

    (808) 281-3905

    8 in this area

    8 Total Sales

    Wendi Ching
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 395316

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-001-002-0218

Hawaii Maui County Kihei 96753

1032 S Kihei Rd Unit B516, Kihei, HI

This home is located at 1032 S Kihei Rd Unit B516, Kihei, HI 96753 since 01 April 2022 and is currently estimated at $1,319,575, approximately $5 per square foot. This property was built in 1975. 1032 S Kihei Rd Unit B516 is a home located in Maui County with nearby schools including Kihei Elementary School, Lokelani Intermediate School, and Maui High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maui MLS (REALTORS® Association of Maui) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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