Seller's Agent in 2023
David Richardson
Hawaii Life (W)
(808) 870-9916
34 in this area
95 Total Sales
11 Malukai Ln Unit 1 Kihei, HI 96753
Wailea-Makena Neighborhood
0.43
Acre
$4,098,389
Price per Acre
18,600
Sq Ft Lot
Highlights
- Beach Front
- Mountain View
- Corner Lot
About This Lot
As of January 2023This Lot is one of 14 very private beachfront lots in a 10.5 acres oceanfront community in Maluhia at Wailea and is the only private beachfront residential community in the world-famous resort of Wailea,Maui. Maluhia at Wailea features lush tropical landscaping with stone pathways, roadways, waterfalls and ponds. All 14 owners have access to their own private oceanfront beach club complete with a full time resident manager. Maluhia at Wailea is a gated community, within a short stroll to the framed beach walk & The Shops at Wailea. Seller requests buyer to submit Letter of intent and will not be using Hawaii Association of Realtor Purchase Contract.
Last Agent to Sell the Property
Coldwell Banker Island Prop(S) License #RB-17543 Listed on: 09/21/2012
Property Details
Property Type
- Land
Est. Annual Taxes
- $24,304
Lot Details
- 0.43 Acre Lot
- Beach Front
- Property fronts a private road
- Street terminates at a dead end
- Corner Lot
- Level Lot
- Cleared Lot
- Property is zoned A-1, Apartment District
Property Views
- Mountain Views
Schools
- Kamalii Elementary School
- Lokelani Intermediate
- Maui High School
Utilities
- Underground Utilities
- Private Sewer
Community Details
- Maluhia At Wailea Subdivision
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 2210080620001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2021
Closed on
Jan 6, 2023
Sold by
Conkey Harry and Conkey Brooke A
Bought by
Onni Maluhia Llc
Seller's Agent
David Richardson
Hawaii Life (W)
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$3,950,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,450,000
-36.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,877
Avg. Annual Appreciation
4.65%
Purchase Details
Listed on
Sep 21, 2012
Closed on
Apr 19, 2013
Sold by
Cre Lj 27 Other Llc
Bought by
Conkey Harry
Seller's Agent
Riette Jenkins
Coldwell Banker Island Prop(S)
Buyer's Agent
Bruce McDonald
Coldwell Banker Island Prop(S)
List Price
$2,400,000
Sold Price
$1,750,000
Premium/Discount to List
-$650,000
-27.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$1,750,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 8, 2013
Sold by
Newhouse Robert
Bought by
Crej Lj 27 Other Llc
Purchase Details
Closed on
Oct 18, 2004
Sold by
M-35 Llc
Bought by
Maluhia Apartment 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.74%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Title Guaranty & Escrow Servic | |
| Quit Claim Deed | -- | Fam | |
| Deed | $2,089,200 | Fam | |
| Warranty Deed | $2,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,750,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $3,850,000 | Commercial | |
| Previous Owner | $2,000,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2023 01/11/23 | Sold | $2,500,000 | 0.0% | $134 / Sq Ft |
| 12/16/2022 12/16/22 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $2,500,000 | -36.7% | $134 / Sq Ft |
| 07/19/2022 07/19/22 | For Sale | $3,950,000 | 0.0% | $212 / Sq Ft |
| 05/01/2022 05/01/22 | Pending | -- | -- | -- |
| 04/25/2022 04/25/22 | Price Changed | $3,950,000 | -19.0% | $212 / Sq Ft |
| 03/23/2022 03/23/22 | For Sale | $4,875,000 | 0.0% | $262 / Sq Ft |
| 03/21/2022 03/21/22 | For Sale | $4,875,000 | 0.0% | $262 / Sq Ft |
| 02/19/2022 02/19/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 01/17/2022 01/17/22 | Price Changed | $4,875,000 | -15.2% | $262 / Sq Ft |
| 10/21/2021 10/21/21 | For Sale | $5,750,000 | +228.6% | $309 / Sq Ft |
| 04/19/2013 04/19/13 | Sold | $1,750,000 | -27.1% | $94 / Sq Ft |
| 03/15/2013 03/15/13 | Pending | -- | -- | -- |
| 09/21/2012 09/21/12 | For Sale | $2,400,000 | -- | $129 / Sq Ft |
Source: Maui MLS (REALTORS® Association of Maui)
Tax History Compared to Growth
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 | $36,094 | $3,350,900 | $3,350,900 | -- |
| 2024 | $36,094 | $2,747,700 | $2,747,700 | -- |
| 2023 | $31,766 | $2,680,700 | $2,680,700 | $0 |
| 2022 | $28,589 | $2,412,600 | $2,412,600 | $0 |
| 2021 | $27,666 | $2,479,700 | $2,479,700 | $0 |
| 2020 | $26,533 | $2,479,700 | $2,479,700 | $0 |
| 2019 | $25,802 | $2,345,600 | $2,345,600 | $0 |
| 2018 | $21,368 | $2,280,500 | $2,280,500 | $0 |
| 2017 | $13,383 | $0 | $0 | $0 |
| 2016 | $1,290 | $2,150,100 | $2,150,100 | $0 |
| 2015 | $24,304 | $2,150,100 | $2,150,100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Richardson
-
Josh Jerman
Buyer's Agent in 2023
Josh Jerman
Hawaii Life (W)
(800) 677-5028
29 in this area
233 Total Sales
-
Riette Jenkins
Seller's Agent in 2013
Riette Jenkins
Coldwell Banker Island Prop(S)
(808) 870-4073
18 in this area
36 Total Sales
-
Bruce McDonald
Buyer's Agent in 2013
Bruce McDonald
Coldwell Banker Island Prop(S)
(808) 283-4189
3 in this area
16 Total Sales
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 353547
APN: 2-2-1-008-062-0001
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