NOT LISTED FOR SALE

124 Ikena Kai Place Unit A-1-A-2-I Kula, HI 96790

Estimated Value: $4,006,314 - $5,504,000

5 Acres
$891,581 Price per Acre
218,236 Sq Ft Lot

Last Sold January 24, 2014

Last sale price $549,000

Est. 714% increase in value since last sale

Current estimated payment $26,411/month

119 Days on Market

Highlights

  • 5.01 Acre Lot
  • Mountain View
  • Gentle Sloping Lot

About This Lot

As of January 2014

OMAOPIO RIDGE PHASE II offering peaceful seclusion with fabulous ocean and mountain views. Kula's finest gated neighborhood. State-of-the-art private water system with provisions for photo-voltaic operation. SELLER WILL CARRY UP TO 70% SHORT TERM FIRST MORTAGE @ PRIME RATE / FLEXIBLE PAYOFF SCHEDULE.

Last Agent to Sell the Property

Philip Christopher

Phil Christopher Realty License #RB-14910 Listed on: 09/06/2013

Last Buyer's Agent

Linda Briske

Island Sotheby's Int'l Rlty(M) License #RB-21147

Island Sotheby's Int'l Rlty(M)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,492

Lot Details

  • 5.01 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Gentle Sloping Lot
  • Natural Drainage

HOA Fees

  • $365 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Kula Elementary School
  • Samuel E Kalama Intermediate
  • King Kekaulike High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Cable TV Available

Community Details

  • Omaopio Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2230032380000

Property Details

Property Type

Land

Est. Annual Taxes

$20,492

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • View: Mountain/Ocean
  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • LotFeatures: Electricity Easement, Telephone Easement, Drainage Easement
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Omaopio Ridge
  • Financial Info Electric: Underground
  • Special Features: None

Exterior Features

  • Acres: 5.010009
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disc Statement

Utilities

  • Utilities: Phone Connected, Cable Connected
  • Water Source: Private, Private Water

Condo/Co-op/Association

  • Association Fee: 365
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Middle Or Junior School: Samuel E Kalama Intermediate

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 218236
  • ResoLotSizeUnits: Acres
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 2230032380000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Lahahana Trust
Bought by
Freedom Management Inc
Current Estimated Value
$4,466,829

Purchase Details

Closed on
Aug 2, 2022
Sold by
Jeffrey Lee Hayden Revocable Trust
Bought by
Lahahana Trust

Purchase Details

Closed on
Sep 30, 2020
Sold by
Mcmenemy Michael C and Mcmenemy Deborah J
Bought by
Hayden Jeffrey Lee and The Jeffrey Lee Hayden Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,864,000
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2017
Sold by
Mcmenemy Michael and Mcmenemy Debbie
Bought by
Mcmenemy Michael C and Mcmenemy Deborah J

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jan 13, 2014
Sold by
Esty Edward T and Esty Mary Lee
Bought by
Mcmenemy Michael and Mcmenemy Debbie
Seller's Agent
Philip Christopher
Phil Christopher Realty
Buyer's Agent
Linda Briske
Island Sotheby's Int'l Rlty(M)
List Price
$650,000
Sold Price
$549,000
Premium/Discount to List
-$101,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.47%
Original Mortgage
$349,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Freedom Management Inc -- Tge
Lahahana Trust -- Fidelity National Title
Lahahana Trust -- Fidelity National Title
Hayden Jeffrey Lee $2,330,000 Fnt
Mcmenemy Michael C -- None Available
Mcmenemy Michael $549,000 Fidelity National Title & Es
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayden Jeffrey Lee $1,864,000
Previous Owner Mcmenemy Michael $954,225
Previous Owner Mcmenemy Michael $94,000
Previous Owner Mcmenemy Michael $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $549,000 -15.5% --
01/04/2014 01/04/14 Pending -- -- --
09/06/2013 09/06/13 For Sale $650,000 -- --
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 $20,492 $2,887,600 $781,400 $2,106,200
2024 $20,492 $2,720,200 $710,500 $2,009,700
2023 $18,819 $2,621,100 $586,300 $2,034,800
2022 $15,321 $2,183,900 $335,600 $1,848,300
2021 $12,761 $2,020,700 $321,800 $1,698,900
2020 $3,774 $1,689,700 $321,800 $1,367,900
2019 $4,174 $1,639,300 $308,000 $1,331,300
2018 $3,759 $1,519,100 $354,000 $1,165,100
2017 $3,171 $0 $0 $0
2016 $2,828 $1,247,400 $256,900 $990,500
2015 -- $621,200 $621,200 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Philip Christopher

    Phil Christopher Realty

  • L

    Buyer's Agent in 2014

    Linda Briske

    Island Sotheby's Int'l Rlty(M)

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 357526

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-003-238-0000

Hawaii Maui County Kula 96790

124 Ikena Kai Place Unit A-1-A-2-I, Kula, HI

This home is located at 124 Ikena Kai Place Unit A-1-A-2-I, Kula, HI 96790 since 06 September 2013 and is currently estimated at $4,466,829. 124 Ikena Kai Place Unit A-1-A-2-I is a home located in Maui County with nearby schools including Kula Elementary School, Samuel Enoka Kalama Intermediate School, and King Kekaulike High School.

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