NOT LISTED FOR SALE

1041 Lower Kimo Dr Kula, HI 96790

Estimated Value: $1,388,000 - $1,995,000

3 Beds
2 Baths
2,350 Sq Ft
$749/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,849,000 $787 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,296/month

35 Days on Market

Highlights

  • Mountain View
  • Fireplace
  • Gentle Sloping Lot
  • Wood Flooring
  • 1-Story Property
  • Wood Siding

About This Home

As of June 2023

First time on the market (in 47 years, but who is counting?). This home & cottage, located in the “golden zone” of Kula has expansive views, ample decking to take in the views and abundant natural light inside. Evenings are graced with sunsets then; the Haleakala downslopes bring the crisp and cool air - great for sleeping! Mornings are filled with the sounds of birdsong and the sunrise at your back. The home mixes some of its nostalgic 1972 charm; original, refurbished oak flooring with updated modern convenience like the Jotul fireplace and Caesar stone counters with glass tile backsplash. Custom cabinetry, and stone are featured in the primary bathroom with an egress window to the outdoor bathtub where you can soak and catch the stars from the dark of night. The cottage features its own deck, bay windows in the bedroom, hardwood flooring and a wood-burning stove. Listing agent is related to Seller.

Last Agent to Sell the Property

Mino McLean

Island Sotheby's Int'l Rlty(M) License #RB-21623 Listed on: 04/05/2023

Island Sotheby's Int'l Rlty(M)

Co-Listed By

Sam Utley

Island Sotheby's Int'l Rlty(M) License #RB-23179

Last Buyer's Agent

Kaimana Leong

Coldwell Banker Island Prop(P) License #RS-84731

Coldwell Banker Island Prop(P)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,498

Year Built

  • Built in 1972

Lot Details

  • 0.67 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Gentle Sloping Lot

Parking

  • 2 Carport Spaces

Home Design

  • Split Level Home
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 2,350 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Kula Elementary School
  • Samuel E Kalama Intermediate
  • King Kekaulike High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Underground Utilities
  • Cesspool
  • Septic Tank
  • Phone Available
  • Cable TV Available
  • TV Antenna

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,498

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved, County
  • Total Exemption: 200000
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1972
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Year Remodeled Updated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1972
  • Year Renovated: 2014

Interior Features

  • Flooring: Stone/Concrete, Wood, Tile
  • Bathrooms: 2
  • Bedrooms: 3
  • Included: Blinds, Dryer, Drapes, Fireplace, Range, Refrigerator, Tv Antenna, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1678
  • Master Bedroom Ground Floor: Yes
  • Ohana Bedrooms: 1
  • Ohana Bathrooms: 1
  • Ohana Flooring: Wood, Tile
  • Ohana Living Area Sq Ft: 672
  • Price Per Sq Ft: 786.81
  • Total Living Sq Ft: 2350

Exterior Features

  • Construction Data: Wood Frame
  • Design And Structure: 1 Story, Split Level
  • Exterior Finish: Wood
  • Ohana Construction: Double Wall, Wood Frame
  • Ohana Covered Lanai Deck Sq Ft: 240
  • Ohana Design: 1 Story
  • Ohana Exterior Finish: Wood
  • Ohana Included: Fireplace, Dishwasher, Dryer, Microwave, Range, Refrigerator, Tv Antenna, Tv Cable, Washing MacHine
  • Ohana Roofing: Asphalt/Comp Shingle
  • Ohana Sub Structures: Post And Pier
  • Ohana Uncovered Lanai Deck Sq Ft: 240
  • Ohana Year Built: 2008
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Post And Pier
  • Uncovered Lanai Deck SqFt House: 1085

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2
  • Carport Parking Sq Ft House: 400
  • Ohana Carport: Yes
  • Ohana Carport Number Of Cars: 1
  • Ohana Carport Parking Sq Ft: 240

Utilities

  • Heating: Gas
  • Sewer: Cesspool
  • Ohana Heating: Wood
  • Ohana Sewer: Septic Tank
  • Ohana Utilities To Site: County Water, County Water Meter Ins, Underground Electric, Telephone, Tv Cable
  • Utilities To Site: County Water, County Water Meter Ins, Underground Electricity, Telephone, Tv Cable

Schools

  • Elementary School: Kula Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High
  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Intermediate School: Samuel E Kalama Intermediate

Lot Info

  • Assessed Improvement Value: 462500
  • Assessed Land Value: 478800
  • Easements: Electricity
  • General Land Class: Improved Residential
  • Land Acres: 0.6711
  • Land Sq Ft: 29233
  • State Zoning: Rural
  • Topography: Gentle Slope
  • Geo Address Line: 1041 Lower Kimo Dr
  • Geo Primary City: Kula
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 123.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 15, 2023
Sold by
James Elliot Mclean Revocable Living Tru
Bought by
Blake Gary Boman and Blake Lynette Holland
Seller's Agent
Mino McLean
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Kaimana Leong
Coldwell Banker Island Prop(P)
List Price
$1,849,000
Sold Price
$1,849,000
Current Estimated Value
$1,759,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,284
Avg. Annual Appreciation
-0.63%
Original Mortgage
$1,201,850
Outstanding Balance
$1,172,254
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$651,797

Purchase Details

Closed on
Sep 15, 2021
Sold by
Bates William Edwin and Bates Vibeke Ronne
Bought by
Bates William E and Bates Revocable Livi William E

Purchase Details

Closed on
Sep 26, 2012
Sold by
Mclean James Elliot
Bought by
Mclean James Elliott and James Elliot Mclean Revocable Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Apr 16, 1998
Sold by
Mclean James Elliot and Mclean Cynthia Sellers
Bought by
Mclean James Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Blake Gary Boman -- Fnt
Bates William E -- None Available
Mclean James Elliott -- Accommodation
Makekau Jeffery N -- --
Mclean James Elliot -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Gary Boman $1,201,850
Previous Owner James Elliot Mclean Revocable $150,000
Previous Owner Mclean James Elliot $245,000
Previous Owner Mclean James Elliot $335,000
Previous Owner Mclean James Elliot $300,000
Previous Owner Mclean James Elliot $50,000
Previous Owner Mclean James Elliot $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $1,849,000 +3.0% $787 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $1,795,000 -2.9% $764 / Sq Ft
04/05/2023 04/05/23 For Sale $1,849,000 -- $787 / 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 $8,498 $1,704,500 $1,170,400 $534,100
2024 $8,498 $1,309,200 $798,000 $511,200
2023 $1,568 $1,125,400 $611,800 $513,600
2022 $1,483 $941,300 $478,800 $462,500
2021 $1,439 $797,100 $450,500 $346,600
2020 $1,519 $805,000 $450,500 $354,500
2019 $1,673 $777,000 $435,100 $341,900
2018 $1,811 $835,400 $428,000 $407,400
2017 $1,750 $0 $0 $0
2016 $1,622 $800,700 $425,600 $375,100
2015 -- $718,000 $378,300 $339,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398552

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-014-048-0000