NOT LISTED FOR SALE

1297 Lower Kula Rd Kula, HI 96790

Estimated Value: $1,241,000 - $1,358,000

2 Beds
1 Bath
500 Sq Ft
$2,592/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $610,000 $1,220 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,978/month

5 Days on Market

Highlights

  • Mountain View
  • Fenced
  • Level Lot
  • Workshop

About This Home

As of August 2015

Ideal Lower Kula address? Check! Bi-coastal ocean views? Check! Move-in ready? Check! Let your dream of living in Kula become a reality. Perfect home and property with room to grow to meet your current and future needs. This 2-bedroom, 1-bath cottage on over a ½-acre has custom granite counters, breakfast bar, and desk. New cabinets with soft-close doors and drawers. New double oven and new matching built-in microwave. Under mount sink with new powerful disposal for quick and easy clean-up. New vinyl windows added where needed. French doors off living room (great access for moving in your furniture) with no-maintenance built-in blinds. New sliders off master and living room with built-in blinds. New washer and dryer. New ceiling fans in all rooms. Fresh paint everywhere. New exterior LED motion lights. Brand new storage building with laminate floors, huge picture window, and beautiful French doors with built-in blinds to fit numerous purposes. Property with mature jacaranda trees recently cleared providing a blank canvas for a garden, an orchard, a paddock or a main house. Kula Living is within your reach. Schedule your viewing today. Priced to sell.

Last Agent to Sell the Property

Debra Merle

Island Sotheby's International Realty(M) License #RB-15387 Listed on: 08/05/2015

Island Sotheby's International Realty(M)

Co-Listed By

Cathryn Paxton-Haines

Island Sotheby's International Realty(M) License #RB-13378

Last Buyer's Agent

Michelle Del Rosario

Maui & Co Real Estate LLC License #RB-17141

Maui & Co Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.66 Acre Lot
  • Property fronts a county road
  • Fenced
  • Level Lot

Interior Spaces

  • Workshop
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cesspool
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Workshop, Remodeled, Wall/Fence
  • Roads: Paved, County
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977
  • Year Renovated: 2014

Interior Features

  • Bathrooms: 1
  • Bedrooms: 2
  • Living Area Sq Ft: 500

Exterior Features

  • Uncovered Lanai Deck SqFt House: 120

Utilities

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

Lot Info

  • Land Acres: 0.6579
  • Land Sq Ft: 28658
  • State Zoning: Rural
  • Topography: Level, Gentle Slope

Tax Info

  • Taxes Per Month: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2018
Sold by
Rico Luis A and Romero Ariadna
Bought by
Silva Joseph Marquis Kekoa
Current Estimated Value
$1,315,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$226,735
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,069,397

Purchase Details

Closed on
Sep 27, 2018
Sold by
Rowley Charlene K and Silva Joseph M K
Bought by
Rowley Charlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$226,735
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,069,397

Purchase Details

Listed on
Aug 5, 2015
Closed on
Aug 24, 2015
Sold by
Olson Brandon James and Olson Nicole Marie
Bought by
Rowley Charlene K and Silva Joseph M K
Seller's Agent
Debra Merle
Island Sotheby's International Realty(M)
Buyer's Agent
Michelle Del Rosario
Maui & Co Real Estate LLC
List Price
$580,000
Sold Price
$610,000
Premium/Discount to List
$30,000
5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$270,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 7, 2012
Closed on
May 14, 2013
Sold by
Lane Bernice Kailiponi and Henriques Bernice Kailiponi
Bought by
Lane Bernice K and Revocable Trust Of Bernice K Lane
Seller's Agent
Michelle Del Rosario
Maui & Co Real Estate LLC
Buyer's Agent
Cathryn Paxton-Haines
Island Sotheby's International Realty(M)
List Price
$495,000
Sold Price
$401,000
Premium/Discount to List
-$94,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Original Mortgage
$320,800
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2012
Closed on
Apr 18, 2013
Sold by
Lane Bernice Kailiponi
Bought by
Olson Brandon James and Olson Nicole Marie
Seller's Agent
Michelle Del Rosario
Maui & Co Real Estate LLC
Buyer's Agent
Cathryn Paxton-Haines
Island Sotheby's International Realty(M)
List Price
$495,000
Sold Price
$401,000
Premium/Discount to List
-$94,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
3.51%
Mortgage Type
New Conventional

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silva Joseph Marquis Kekoa $294,000 Tg
Rowley Charlene K $44,000 Fntic
Rowley Charlene K -- Tg
Lane Bernice K -- None Available
Olson Brandon James $401,000 Fntic
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Joseph Marquis Kekoa $260,000
Closed Rowley Charlene K $306,025
Previous Owner Rowley Charlene K $270,000
Previous Owner Olson Brandon James $320,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2015 08/28/15 Sold $610,000 +5.2% $1,220 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $580,000 +44.6% $1,160 / Sq Ft
05/01/2013 05/01/13 Sold $401,000 -19.0% $573 / Sq Ft View Prior Sale
01/15/2013 01/15/13 Pending -- -- --
05/07/2012 05/07/12 For Sale $495,000 -- $707 / 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 $1,168 $1,324,400 $1,160,000 $164,400
2024 $1,168 $948,900 $790,900 $158,000
2023 $885 $765,900 $606,400 $159,500
2022 $841 $620,400 $474,600 $145,800
2021 $940 $589,900 $449,400 $140,500
2020 $988 $593,600 $449,400 $144,200
2019 $1,086 $574,500 $433,400 $141,100
2018 $1,091 $582,800 $426,900 $155,900
2017 $1,066 $0 $0 $0
2016 $2,751 $486,100 $423,000 $63,100
Source: Public Records

Agents Affiliated with this Home

  • Debra Merle

    Seller's Agent in 2015

    Debra Merle

    Island Sotheby's International Realty(M)

    (808) 283-0049

    8 in this area

    40 Total Sales

    Debra Merle
    Section Image
  • Cathryn Paxton-Haines

    Seller Co-Listing Agent in 2015

    Cathryn Paxton-Haines

    Island Sotheby's International Realty(M)

    (808) 283-1952

    Cathryn Paxton-Haines
    Section Image
  • Michelle Del Rosario

    Buyer's Agent in 2015

    Michelle Del Rosario

    Maui & Co Real Estate LLC

    (808) 280-8898

    2 in this area

    26 Total Sales

    Michelle Del Rosario
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 365886

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-004-024-0000

Hawaii Maui County Kula 96790

1297 Lower Kula Rd, Kula, HI

Not Listed for Sale

Detached

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