NOT LISTED FOR SALE

106 Kaanapali Shores Place Unit 203 Lahaina, HI 96761

Estimated Value: $639,877 - $721,000

-- Bed
1 Bath
74,923 Sq Ft
1.72 Acres

Last Sold February 18, 2021

Last sale price $458,000 $6 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,388/month

318 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • Heated In Ground Pool
  • Party Room
  • Storage

About This Home

As of February 2021

BACK ON THE MARKET and Priced to Sell !!!! Investment Property or your own private Piece of Paradise, you can't beat the location! The studio condo is fully furnished, stocked, and ready to go. Real oceanfront, located on North Kaanapali Beach just a few steps from the ocean. This beautiful 2nd floor Ocean front Studio offers spectacular sunsets, whale watching and island views of Lanai and Molokai. The Studio condo is modern & upscale in design that allows the living space to look and feel much larger than 420 sq. ft. plus extra 104 sq. ft. covered lanai. Completely remodeled in 2007, Condo unit recently has been updated and refreshed! Porcelain Tile flooring thru out, wood cabinets, granite counter tops, S/S appliances include d/w, fridge / ice maker, full size microwave, ceramic counter top stove. Lanai sliders doors & screens replaced in 2007 and include custom Roller Shade window coverings. Complete updated bathroom, walk-in shower all tiled, clean and fresh. Central A / C, separately controlled in each condo unit. Secure Wi-Fi, 40" smart TV, I-Home stereo system with smart "Bluetooth" connection, and In Room Safe. Monthly HOA fees include electricity, water, cable/internet, trash, and sewage, and common area maintenance. Every 2nd floor has a laundry room with coin operated washer and dryers. Separate owners storage locker assigned to each unit. The Pool Cabana area has recently been updated, with a large remodeled kitchen and a meeting /game room. Heated pool, Jacuzzi, lounging chairs, gas BBQ's, ping pong table, darts, and a lending library of books for reading. Just a short walk to shops, grocery stores, restaurants, Outdoor Farmer's Market, and cafes. Take a short stroll along the Beach Walk to Dukes Oceanfront Café. A short driving distance from 3 world class golf courses. Lahaina town is a quick 8 - 10 minute drive. This unit is currently in an active vacation rental program with returning guests every year. Buyer to honor bookings to be transfer in escrow. The condo is being sold completely Turnkey and "as is condition" ready for a quick and simple closing. "Easy to Show." Please contact the agent for your viewing. Seller is open to all reasonable OFFERS. Don't delay! THIS IS THE ONE . . .

Last Agent to Sell the Property

Bonnie Chadwick

Maui Paradise Properties LLC License #RS-62953 Listed on: 01/29/2020

Last Buyer's Agent

Howard Dinits

Dinits Realty License #RB-20780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,086

Year Built

  • Built in 1970

Lot Details

  • 1.72

Interior Spaces

  • 1 Bathroom
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Ocean Front
  • Flood Zone Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2440011000011

Community Details

Overview

  • High-Rise Condominium
  • Maui Kai Community

Amenities

  • Party Room
  • Laundry Facilities
  • Elevator

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,086

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kaanapali
  • Other Features: Bar-B-Que, Party Room, Extra Storage, Community Laundry, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 203
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1970
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile
  • Bathrooms: 1
  • Included: Blinds, Ceiling Fan(s), Dishwasher, Disposal, Furnished, Inventory, Kitchen Ware, Linens, Microwave, Refrigerator, Smoke/Heat Detector, Tv Cable
  • Living Area Sq Ft: 420
  • Price Per Sq Ft: 1090.48
  • Floor Level: 2
  • Passenger Elevator: Two

Exterior Features

  • Design And Structure: High-Rise 4+ Stories
  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: Heated, In-Ground
  • Waterfront Unit: Yes

Utilities

  • Central Air Conditioning: Y
  • Room AC Number: 1
  • Sewer: Sewer County
  • Utilities To Site: County Water, Alternative Electricity, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Maui Kai
  • Monthly Maintenance Fee: 931

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High

Lot Info

  • Flood Zone: Yes
  • General Land Class: Improved Residential, Apartment, Hotel And Resort
  • Land Acres: 1.72
  • Land Sq Ft: 74923

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 380
  • Assessor Parcel Number: 2440011000011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Feb 10, 2021
Sold by
Dunnion Thomas James and Dunnion Ellen Burns
Bought by
Rangapuram Sreedhar Reddy
Seller's Agent
Bonnie Chadwick
Maui Paradise Properties LLC
Buyer's Agent
Howard Dinits
Dinits Realty
List Price
$475,000
Sold Price
$458,000
Premium/Discount to List
-$17,000
-3.58%
Current Estimated Value
$686,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,969
Avg. Annual Appreciation
9.32%
Original Mortgage
$297,700
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2006
Sold by
Relyea Jacqueline Ann
Bought by
Dunnion Thomas James and Dunnion Ellen Burns

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 2003
Sold by
Relyea Marvin
Bought by
Relyea Marvin and Relyea Jacqueline Ann
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
Rangapuram Sreedhar Reddy $458,000 Fnt
Rangapuram Sreedhar Reddy $458,000 Fnt
Dunnion Thomas James $550,000 Tg
Relyea Jacqueline Ann -- Tg
Relyea Marvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangapuram Sreedhar Reddy $393,000
Closed Rangapuram Sreedhar Reddy $393,000
Closed Rangapuram Sreedhar Reddy $271,800
Closed Rangapuran Sreedhar Reddy $200,000
Closed Rangapuram Sreedhar Reddy $297,700
Closed Rangapuram Sreedhar Reddy $297,700
Previous Owner Dunnion Thomas James $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $458,000 -2.6% $6 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $470,000 -1.1% $6 / Sq Ft
07/18/2020 07/18/20 For Sale $475,000 0.0% $6 / Sq Ft
07/18/2020 07/18/20 Price Changed $475,000 +1.1% $6 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $470,000 -- $6 / 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 $8,086 $668,700 $248,200 $420,500
2024 $8,086 $646,900 $248,200 $398,700
2023 $6,804 $574,200 $248,200 $326,000
2022 $5,158 $435,300 $124,900 $310,400
2021 $5,119 $460,800 $113,500 $347,300
2020 $4,759 $429,500 $113,500 $316,000
2019 $4,560 $424,200 $103,200 $321,000
2018 $4,242 $457,100 $93,800 $363,300
2017 $3,775 $0 $0 $0
2016 $3,652 $419,300 $89,100 $330,200
2015 $1,912 $308,600 $89,100 $219,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385884

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-100-0011