NOT LISTED FOR SALE

106 Kaanapali Shores Place Unit 206 Lahaina, HI 96761

Estimated Value: $650,083 - $865,000

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

Last Sold May 08, 2018

Last sale price $470,000 $6 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,515/month

18 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Central Air
  • Ocean View

About This Home

As of May 2018

There is simply no building closer to the ocean in North Kaanapali Beach, than the Maui Kai. Of the 81 units, 80 of them are direct ocean fronting. The Resident Manager's apartment is located above the pool. Attention to details in this beautifully upgraded unit lends to a wonderful vacation experience. This is one of the Grandfathered units which have extended the lanais, and encompassed more living space, while still allowing for a delicious fresh air and water exposure with the open sliding glass windows. The sellers have also installed a Murphy Bed which allows for more living space during the day, as the bed can get tucked away. It is high quality, and very comfortable. Beautiful cabinetry and granite Counters are featured in the kitchen. New carpets and paint throughout October 2017. The sellers of this property have owned in the Maui Kai since the 1970's. They own this unit, as well as unit 108. They Self-Manage it, and have a good occupancy record. Income figures are attached under the document section of this Listing. VRBO bookings may be assumed by the buyer upon the conclusion of escrow. Showings only when available. We will do our best to accommodate showings between check-ins. The additional monies being paid monthly are in place to pay off the spalling, painting, and exterior work which was completed in the building. That assessment amount of $174.00 is currently included in the maintenance fees quoted. They will be paid in full by November 30th, 2018. The Maintenance fees will then drop by that amount. The Maintenance fees include your electricity, which includes the central air. It also includes water, sewer, rubbish, exterior landscaping, and maintenance, cable, as well as exterior insurance, and the reserve. There is an additional storage locker for the unit on site, as well as washers and dryers every other floor. The Maui Kai holds a distinction of long-time investors who have owned on site for much longer than the average 7 year period. It was one of the first buildings erected along this stretch of coast. The point on which it sits allows for wonderful Bi-Island views of Lanai, and Molokai. You get to enjoy year-round sunsets, free whale shows, and fabulous restaurants and world famous golf. You're 2 minutes from the Royal Kaanapali, and Kai Golf Courses, and 7 minutes from the world class Kapalua Bay Course, and the PGA tournament of Champions most sought after Kapalua Plantation Golf Courses. Bring your bathing suit, snorkels, surf boards, boogie boards, and your imagination.............this place makes you just say THANK YOU FOR BEING HERE!

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

  • $7,066

Year Built

  • Built in 1970

Lot Details

  • 1.72

Additional Features

  • Ocean Views
  • 1 Bathroom
  • In Ground Pool
  • Beach Front
  • Central Air

Community Details

  • Maui Kai Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,066

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kaanapali
  • Type: Condo
  • View: Ocean
  • Special Assessment: Yes
  • Unit: 206
  • Year Built: 1970
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Living Area Sq Ft: 420
  • Floor Level: 2

Exterior Features

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

Utilities

  • Central Air Conditioning: y

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Maui Kai
  • Monthly Maintenance Fee: 1049

Lot Info

  • Land Acres: 1.72
  • Land Sq Ft: 74923

Tax Info

  • Taxes Per Month: 315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 3, 2018
Sold by
The Risinger Sixth Family Lp
Bought by
Jk And Mb Wirth Family Llc
Seller's Agent
Elizabeth Quayle
Coldwell Banker Island Prop-KP
Buyer's Agent
John Kevan
Maui Paradise Properties LLC
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Current Estimated Value
$726,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,271
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Black Donald J
Bought by
The Risinger Sixth Family Ltd Prtnrshp

Purchase Details

Closed on
Nov 17, 1993
Sold by
Black James Smith
Bought by
Black James S and Revocable Trust Of James S Black
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
Jk And Mb Wirth Family Llc $470,000 Fidelity National Title & Es
The Risinger Sixth Family Ltd Prtnrshp $110,000 --
Black James S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $470,000 -3.1% $6 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $485,000 -- $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 $7,066 $668,700 $248,200 $420,500
2024 $7,066 $671,400 $248,200 $423,200
2023 $7,066 $596,300 $248,200 $348,100
2022 $5,284 $445,900 $124,900 $321,000
2021 $5,177 $466,000 $113,500 $352,500
2020 $4,816 $434,700 $113,500 $321,200
2019 $4,615 $429,300 $103,200 $326,100
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 $3,128 $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: 377665

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-100-0014