NOT LISTED FOR SALE

106 Kaanapali Shores Place Unit 108 Lahaina, HI 96761

Estimated Value: $782,000 - $930,000

1 Bed
1 Bath
74,923 Sq Ft
1.72 Acres

Last Sold January 17, 2019

Last sale price $525,000 $7 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,424/month

292 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Storage
  • Ocean View
  • Clubhouse
  • Outdoor Grill

About This Home

As of January 2019

This oceanfront ground floor corner unit boasts unobstructed views from north of Molokai to south of Lanai - year-round, spectacular sunsets and the sounds and views of the crystal clear, tropical Hawaiian waters just outside the enclosed lanai. The lanai creates a comfortable lounging and whale watching area, with windows that can be opened to enjoy the ocean breezes. A sliding door from the lanai gives access to the ocean sun deck. The bedroom accommodates a king size bed with ample closet space. The kitchen features lovely upgrades including custom cabinets and granite counter tops. The bathroom has a wonderful walk-in shower. The unit was freshly painted with new carpet installed in October 2017, and comes with approximately 80 cubic feet of storage for owners' year-round personal use. Maintenance fees include electricity, which includes the cost of central air, and also cover water, sewer, garbage, cable, high speed internet, exterior maintenance of the grounds, and exterior insurance. The resort boasts a lovely key-accessed communal pool and spa, with gas BBQs, club house, and sun deck. A short walk takes you to restaurants, beaches, supermarket, farmers market, and shopping. A short drive brings you to Kaanapali & Kapalua championship golf courses or to historic Lahaina town, with its world-renowned restaurants, shopping, and art galleries. Showings will be upon availability, as it is heavily booked. 2017 and 2018 income figures listed under documents. The sellers have owned this gem since 1977, and the family has loved every moment. The sellers vacation rent through VRBO - this is a terrific turn-key opportunity. The association will be lowering the Maintenance Fees from $1,350.00 to $1,156.00 starting January 2019. Great property in which the entire building has undergone a complete renovation.

Last Agent to Sell the Property

Elizabeth Quayle

Coldwell Banker Island Prop-KP License #RB-17818 Listed on: 03/01/2018

Coldwell Banker Island Prop-KP

Last Buyer's Agent

John Kevan

Maui Paradise Properties LLC License #RB-22307

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,413

Year Built

  • Built in 1970

Lot Details

  • 1.72

Interior Spaces

  • Storage
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Private Water Source
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Community Details

Overview

  • Maui Kai Community

Amenities

  • Clubhouse
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,413

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kaanapali
  • Other Features: Club House, Bar-B-Que, Extra Storage, Community Laundry, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 108
  • Year Built: 1970
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 574
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer Connected
  • Utilities To Site: Private Water, Overhead Electricity, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Maui Kai
  • Monthly Maintenance Fee: 1156

Lot Info

  • Land Acres: 1.72
  • Land Sq Ft: 74923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jan 12, 2019
Sold by
The Risinger Sixth Family Limited Partne
Bought by
Bbk Hawaii Llc
Seller's Agent
Elizabeth Quayle
Coldwell Banker Island Prop-KP
Buyer's Agent
John Kevan
Maui Paradise Properties LLC
List Price
$595,000,000
Sold Price
$525,000
Premium/Discount to List
-$594,475,000
-99.91%
Current Estimated Value
$842,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,746
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
May 22, 1998
Sold by
Risinger Paul Neal and Risinger Shirley Louise
Bought by
The Risinger Sixth Family Ltd Prtnrshp
Source: Public Records

Range of Values:

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Average Value
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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
Bbk Hawaii Llc $525,000 Fidelity National Title & Es
The Risinger Sixth Family Ltd Prtnrshp $150,000 --
Risinger Paul Neal $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $525,000 -2.6% $7 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
08/15/2018 08/15/18 Price Changed $539,000 -5.3% $7 / Sq Ft
05/06/2018 05/06/18 Price Changed $569,000 -4.4% $8 / Sq Ft
03/02/2018 03/02/18 Price Changed $595,000 -99.9% $8 / Sq Ft
03/01/2018 03/01/18 For Sale $595,000,000 -- $7,941 / 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 $10,413 $843,300 $320,800 $522,500
2024 $10,413 $833,000 $320,800 $512,200
2023 $9,077 $766,000 $320,800 $445,200
2022 $6,781 $572,200 $161,500 $410,700
2021 $6,270 $564,400 $146,800 $417,600
2020 $5,769 $520,700 $146,800 $373,900
2019 $5,876 $546,600 $133,400 $413,200
2018 $5,149 $554,800 $121,300 $433,500
2017 $5,098 $0 $0 $0
2016 $4,698 $539,400 $115,200 $424,200
2015 $4,375 $388,500 $115,200 $273,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 377675

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-100-0008