1133 Punakea Loop Lahaina, HI 96761
Launiupoko NeighborhoodEstimated Value: $3,218,000 - $5,231,000
2
Beds
2
Baths
1,002
Sq Ft
$4,046/Sq Ft
Est. Value
Highlights
- Ocean View
- 5.11 Acre Lot
- Laundry Room
- In Ground Pool
- Furnished
- 1-Story Property
About This Home
As of September 20211133 Punakea Loop is a five-acre estate situated on the corner of South Lauhoe Place and North Punakea Loop, at the foot of the West Maui Mountains. A 1,000 sq. ft. cottage, with a two-car garage, is located at the south side of the property and offers beautiful ocean views. The cottage includes a dedicated driveway. In addition to the cottage, a 1000 sq.ft. barn has been converted to a two-bedroom ranch-hand accommodation. The ocean-facing north side of the property has been prepared for the construction of a large main residence. The vantage point is ideal to take in 180-degree, awe-inspiring views of the Pacific Ocean and the outer islands of Moloka'i, Lana'i, and Kaho'olawe. This affords the new owners the ability to build their Maui dream home. Utilities and septic have already been installed, facilitating a new construction. The ocean-facing north side of the property has been prepared for the construction of a large main residence. The vantage point is ideal to take in 180-degree, awe-inspiring views of the Pacific Ocean and the outer islands of Moloka’i, Lana’i, and Kaho’olawe. This affords the new owners the ability to build their Maui dream home. Utilities and septic have already been installed, facilitating a new construction. There are two bedrooms in the cottage along with a combined living room and kitchen area; one bedroom has an en-suite bathroom. Sliding glass doors open onto a covered lanai, allowing for indoor-outdoor living, and offering a protected space for outdoor dining, day or night, rain or shine. Outside the cottage, the covered lanai leads to a Polynesian-themed lagoon-style swimming pool with a hot tub and a dramatic waterfall feature. Mature trees add to the lush, tropical landscaping. This Estate property is located in one of the most desirable neighborhoods in West Maui. Within minutes you can surf and snorkel at renowned Maui beaches, shop in Lahaina Town, or tee off at a world-class golf course. Call us for details and to set up a tour of this spectacular estate property.
Last Agent to Sell the Property
Welcome Hawaii Properties License #RS-55098 Listed on: 01/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,853
Year Built
- Built in 2007
Lot Details
- 5.11 Acre Lot
- Sprinkler System
Home Design
- Wood Frame Construction
- Stucco Exterior
Interior Spaces
- 1,002 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Drapes & Rods
- Blinds
- Dining Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Automatic Garage Door Opener
Pool
- In Ground Pool
- Spa
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2470120110000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2021
Closed on
Sep 21, 2021
Sold by
Verhagen Patrick Lowell and Verhagen Patrick Lowell
Bought by
Zaluda Jeffrey A and Donald R Harris Exempt Family
Seller's Agent
Tyler Coons
Welcome Hawaii Properties
Buyer's Agent
Courtney Brown
Island Sotheby's International Realty(L)
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Total Days on Market
237
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
$654,230
Avg. Annual Appreciation
5.97%
Purchase Details
Closed on
Sep 24, 2007
Sold by
Verhagen Patrick Lowell
Bought by
Verhagen Patrick Lowell and Patrick Lowell Verhagen Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Interest Rate
8.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 6, 2006
Sold by
Phillips Terry Lyle and Fitzner Lisa Elaine
Bought by
Verhagen Patrick Lowell and Patrick Lowell Verhagen Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.44%
Mortgage Type
Seller Take Back
Similar Homes in Lahaina, HI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zaluda Jeffrey A | $3,400,000 | Fnt | |
| Verhagen Patrick Lowell | -- | Accommodation | |
| Verhagen Patrick Lowell | -- | First American Title Co | |
| Verhagen Patrick Lowell | $1,200,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donald R Harris Exempt Family | $2,720,000 | |
| Previous Owner | Verhagen Patrick Lowell | $420,000 | |
| Previous Owner | Verhagen Patrick Lowell | $1,730,000 | |
| Previous Owner | Verhagen Patrick Lowell | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $3,400,000 | -2.9% | $3,393 / Sq Ft |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 08/27/2021 08/27/21 | For Sale | $3,500,000 | 0.0% | $3,493 / Sq Ft |
| 08/18/2021 08/18/21 | Pending | -- | -- | -- |
| 08/01/2021 08/01/21 | Price Changed | $3,500,000 | +7.9% | $3,493 / Sq Ft |
| 06/27/2021 06/27/21 | Price Changed | $3,245,000 | -1.5% | $3,239 / Sq Ft |
| 01/02/2021 01/02/21 | For Sale | $3,295,000 | -- | $3,288 / 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 | $19,853 | $2,539,900 | $1,669,800 | $870,100 |
| 2024 | $19,853 | $2,645,100 | $1,811,400 | $833,700 |
| 2023 | $17,713 | $2,482,900 | $1,644,500 | $838,400 |
| 2022 | $12,652 | $1,850,200 | $1,087,000 | $763,200 |
| 2021 | $10,537 | $1,742,800 | $1,023,100 | $719,700 |
| 2020 | $8,571 | $1,496,000 | $1,023,100 | $472,900 |
| 2019 | $9,351 | $1,574,300 | $1,108,400 | $465,900 |
| 2018 | $8,848 | $1,474,600 | $937,900 | $536,700 |
| 2017 | $7,786 | $0 | $0 | $0 |
| 2016 | $6,983 | $1,233,800 | $715,500 | $518,300 |
| 2015 | $2,203 | $1,332,700 | $787,000 | $545,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Coons
Seller's Agent in 2021
Tyler Coons
Welcome Hawaii Properties
(808) 280-2480
18 in this area
99 Total Sales
-
Courtney Brown
Buyer's Agent in 2021
Courtney Brown
Island Sotheby's International Realty(L)
(808) 250-0210
1 in this area
95 Total Sales
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 389810
APN: 2-4-7-012-011-0000
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