NOT LISTED FOR SALE

114 Alae Rd Kula, HI 96790

Estimated Value: $1,641,000 - $1,951,000

3 Beds
2 Baths
2,002 Sq Ft
$875/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $940,000 $470 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,474/month

79 Days on Market

Highlights

  • Ocean View
  • 1 Car Garage
  • Level Lot
  • Storage
  • Fenced

About This Home

As of November 2018

LIVE within this picturesque country setting... big bi-coastal ocean views and an inspiring Haleakala view to start and end your day. This, just shy, of 1 acre offers the semblance of acreage without the added upkeep of a larger parcel. A spacious updated kitchen, wood floors throughout, open beamed ceilings, expansive interior lanai/sunroom and special gardens are some of the highlights of this country home. The renovated kitchen, with ocean view, includes a large center island surrounded by cherry cabinetry, solid surface counter tops, high-end GE Monogram appliances (including gas range with griddle) and other fine details. The grand living room includes a fireplace and abundant space space for living and dining within an open feel. The voluminous sunroom is filled with light and sunshine as you enjoy your garden and ocean views, a functional additional living area. The garage structure features an additional 320 sq ft for home office, artist studio or other, with plumbing. All elements of the exterior have just been freshly painted. This property is eligible to add a 700 sq ft cottage. A gateway to country living with privacy, fencing and gated located on a charming Kula road. Enjoy your life within this living/poignant painting. Listing agent is an Agent for LLC owner, not a Principal.

Last Agent to Sell the Property

Becky Hanna

Island Sotheby's Int'l Rlty(M) License #RB-21160 Listed on: 07/09/2018

Island Sotheby's Int'l Rlty(M)

Last Buyer's Agent

Jeannie Wenger

Bello Realty Inc License #RB-21016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1964

Lot Details

  • 0.81 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Garage

Interior Spaces

  • Storage
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,107

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Storage, Lawn Sprinkler, Wall/Fence
  • Roads: Paved
  • Type: Single Family
  • View: Ocean
  • Year Built House: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964
  • Year Renovated: 2016

Interior Features

  • Bathrooms: 2
  • Bedrooms: 3
  • Living Area Sq Ft: 2002

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 1

Utilities

  • Sewer: Cesspool
  • Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable

Lot Info

  • Land Acres: 0.8135
  • Land Sq Ft: 35436
  • State Zoning: Rural
  • Topography: Level, Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Nov 13, 2018
Sold by
Attitude Indicator Llc
Bought by
Walling West Brian and Brian Walling West Revocable Living Trus
Seller's Agent
Becky Hanna
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Jeannie Wenger
Bello Realty Inc
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%
Current Estimated Value
$1,752,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,129
Avg. Annual Appreciation
9.43%
Original Mortgage
$600,000
Outstanding Balance
$528,646
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$1,223,483

Purchase Details

Listed on
Jul 2, 2015
Closed on
Jan 8, 2016
Sold by
Strack Michael Jospeh and Strack Theresa Ann Bronson
Bought by
Attitude Indicator Llc
Seller's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
Buyer's Agent
Becky Hanna
Island Sotheby's Int'l Rlty(M)
List Price
$939,000
Sold Price
$820,000
Premium/Discount to List
-$119,000
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 5, 2013
Sold by
Covey Jerry R
Bought by
Strack Michael Joseph and Bronson Theresa Ann
Seller's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
Buyer's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
List Price
$730,000
Sold Price
$730,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$330,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2010
Sold by
Richards Andrew F
Bought by
Covey Jerry R and The Jerry R Covey Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Richards Andrew F
Bought by
Richards Andrew F and Christina M Richards Trust

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
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
Walling West Brian $940,000 Fidelity National Title & Es
Attitude Indicator Llc $820,000 Fntic
Strack Michael Joseph $730,000 Or
Covey Jerry R $555,000 Or
Richards Andrew F -- None Available
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walling West Brian $600,000
Previous Owner Strack Michael Joseph $330,000
Previous Owner Covey Jerry R $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2018 11/21/18 Sold $940,000 -0.9% $470 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $949,000 -4.6% $474 / Sq Ft
07/09/2018 07/09/18 For Sale $995,000 +21.3% $497 / Sq Ft
01/15/2016 01/15/16 Sold $820,000 -12.7% $410 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $939,000 +28.6% $469 / Sq Ft
08/08/2013 08/08/13 Sold $730,000 0.0% $461 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $730,000 -- $461 / 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 $2,107 $1,901,400 $1,325,400 $576,000
2024 $2,107 $1,453,400 $903,700 $549,700
2023 $7,797 $1,243,400 $692,800 $550,600
2022 $6,190 $1,042,500 $542,200 $500,300
2021 $5,116 $924,900 $462,900 $462,000
2020 $5,171 $934,000 $462,900 $471,100
2019 $5,192 $874,100 $452,700 $421,400
2018 $5,243 $873,900 $439,800 $434,100
2017 $5,199 $0 $0 $0
2016 $2,016 $946,500 $453,500 $493,000
2015 $793 $848,300 $403,100 $445,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 379164

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-009-053-0000