$550,000
SOLD APR 4, 2023

141 Hoowaiwai Loop Unit 2705 Wailuku, HI 96793

2 Beds
1.5 Baths
533,654 Sq Ft
12 Acres

Recently Sold

$1 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • 12.25 Acre Lot
  • Laundry Room
  • Family Room
  • Mountain View
  • Ceiling Fan
  • Wood Siding

About This Home

As of April 2023

Welcome to Ho'olea Terrace at Kehalani! This lovely 2 bedroom/1.5 bath unit is located on the second floor for a peaceful, private and quiet atmosphere. The unit has been meticulously cared for, with a laundry list of upgrades. The kitchen has new quartz countertops, sink, trim & stainless steel appliances. The bathrooms have new sinks & the bedrooms have new carpet. The unit has new luxury vinyl flooring in the kitchen, living room & bathroom areas, as well as all new lighting & ceiling fans. And all the windows have new vinyl cottage shutters. Two side-by-side parking spots are deeded with this unit, and monthly HOA fees cover water, sewer, trash, landscaping, quarterly exterior pest control & maintenance of a cute playground structure within the development. It doesn't stop there! This wonderful complex is conveniently located less than a mile to Wailuku town. And its close proximity to Maui Memorial Hospital, Kahului airport, shops, restaurants & schools make it an ideal location! Ho'olea Terrace is a delightful community, where people get outside, take walks after work, and enjoy the use of two large public parks across the street. Looking for close, clean and easy ... then call your favorite realtor today & come see this wonderful unit at Ho'olea Terrace!

Last Agent to Sell the Property

Kelly Bryce

Compass-W License #RS-74317 Listed on: 01/22/2023

Last Buyer's Agent

Kona MLS

West Hawaii Assoc of REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $391

Year Built

  • Built in 2014

Parking

  • 2 Car Parking Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Family Room
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Puu Kukui Elementary School
  • Iao Intermediate
  • Henry Perrine Baldwin High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2350010670000

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Hoolea Terrace At Kehalani Community
  • Hoolea Terrace At Kehalan Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$391

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailuku
  • Total Exemption: 200000
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: 2705
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2014
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Additional Rooms: Family Room, Laundry Room
  • Bathrooms: 1.5
  • Bedrooms: 2
  • Included: Blinds, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washing MacHine
  • Living Area Sq Ft: 754
  • Price Per Sq Ft: 729.44
  • Floor Level: 2

Exterior Features

  • Construction Data: Wood Frame
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab

Garage/Parking

  • Uncovered Number Of Cars: 2

Utilities

  • Sewer: Sewer Private
  • Utilities To Site: Private Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Hawaiiana
  • Other Monthly Fees: Maintenance Fees, Associated Fee
  • Complex Name: Hoolea Terrace At Kehalani
  • Monthly Maintenance Fee: 441.43

Schools

  • Elementary School: Puu Kukui Elementary
  • Middle School: Iao Intermediate
  • High School: Henry Perrine Baldwin High
  • Elementary School: Puu Kukui Elementary
  • High School: Henry Perrine Baldwin High
  • Intermediate School: Iao Intermediate

Lot Info

  • Assessed Improvement Value: 408000
  • Assessed Land Value: 21200
  • Land Acres: 12.251
  • Land Sq Ft: 533654
  • State Zoning: Rural
  • Geo Address Line: 141 Hoowaiwai Loop
  • Geo Primary City: Wailuku
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 34.66
  • Assessor Parcel Number: 2350010670000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2023
Closed on
Mar 29, 2023
Sold by
Ryan Trisha and Ryan Daniel Richard
Bought by
Matsushita Lauren Ann
Seller's Agent
Kelly Bryce
Compass-W
Buyer's Agent
Kona MLS
West Hawaii Assoc of REALTORS
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$616,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,552
Avg. Annual Appreciation
5.35%
Original Mortgage
$130,000
Outstanding Balance
$117,685
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$502,021

Purchase Details

Listed on
Nov 3, 2019
Closed on
Jan 9, 2020
Sold by
Labasan Manuel Coloma
Bought by
Higashi Trisha Yoshiko Lokelani
Seller's Agent
Celeste Mollena
Keller Williams Realty Maui-Ka
Buyer's Agent
Nicole Kovach
Keller Williams Realty Maui-L
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$363,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2013
Closed on
Sep 29, 2014
Sold by
Kehalani 217 Maui Llc
Bought by
Labasan Manuel Coloma
Seller's Agent
Barbara Kenrich
Coldwell Banker Island Prop(S)
Buyer's Agent
General Public
General Public
List Price
$262,000
Sold Price
$262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$257,254
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fidelity National Title
Warranty Deed $375,000 Or
Deed -- Tg
Deed -- Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Previous Owner $363,750 New Conventional
Previous Owner $23,850 Credit Line Revolving
Previous Owner $259,650 New Conventional
Previous Owner $257,254 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $550,000 0.0% $1 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $550,000 -4.3% $1 / Sq Ft
01/22/2023 01/22/23 For Sale $575,000 +53.3% $1 / Sq Ft
01/17/2020 01/17/20 Sold $375,000 -7.4% $1 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/22/2019 11/22/19 Price Changed $405,000 -2.4% $1 / Sq Ft
11/03/2019 11/03/19 For Sale $415,000 +58.4% $1 / Sq Ft
10/02/2014 10/02/14 Sold $262,000 0.0% $0 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
12/19/2013 12/19/13 For Sale $262,000 -- $0 / 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 $391 $570,400 $142,300 $428,100
2024 $391 $537,000 $134,400 $402,600
2023 $391 $505,700 $28,200 $477,500
2022 $416 $408,000 $21,200 $386,800
2021 $513 $412,800 $21,200 $391,600
2020 $479 $391,000 $22,600 $368,400
2019 $460 $358,700 $22,600 $336,100
2018 $460 $361,300 $22,600 $338,700
2017 $400 $0 $0 $0
2016 $3 $300,600 $22,600 $278,000
2015 $150 $260,300 $21,200 $239,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397939

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-5-001-088-0161