NOT LISTED FOR SALE

15 Maluaka Place Unit 4 Wailea, HI 96753

Estimated Value: $7,016,000

0.47 Acre
$14,897,263 Price per Acre
20,515 Sq Ft Lot

Last Sold July 31, 2015

Last sale price $10,800,000 $526 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $43,812/month

34 Days on Market

Highlights

  • Ocean View
  • Cul-De-Sac
  • Gentle Sloping Lot
  • 0.47 Acre Lot

About This Lot

As of July 2015

The custom Maluaka homesites at Makena optimize luxury coastal living. These eight unique homesites within this intimate gated subdivision, ranging from approximately 1/2 to 3/4 acres, offer breathtaking views of the island's clear waters as well as the opportunity to design a stunning custom home to share for generations. A Maluaka home provides privacy and close proximity to the future Beach Club, spa, and fitness amenities and the Makena Golf Course. Wake up every morning to the sound of the waves and end each day watching the sun dip behind the Pacific at a custom oceanfront address.

Last Agent to Sell the Property

Kaimi Judd

Discovery Makena Realty LLC License #RB-22218 Listed on: 12/23/2014

Last Buyer's Agent

Kaimi Judd

Discovery Makena Realty LLC License #RB-22218 Listed on: 12/23/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $331,454

Lot Details

  • 0.47 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Cleared Lot
  • Natural Drainage

Parking

  • Driveway

Property Views

  • Ocean Views

Utilities

  • Underground Utilities
  • Private Sewer
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 2210060370004

Property Details

Property Type

Land

Est. Annual Taxes

$331,454

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Wailea/Makena
  • Roads: Private, Paved
  • Type: Vacant Land
  • View: Ocean
  • Possible Use: Single Family
  • Restrictions: Building, Covenants
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 526.44

Utilities

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

Condo/Co-op/Association

  • Other Monthly Fees: Associated Fee

Lot Info

  • County Zoning: A-1 Apartment District
  • Cpr Land Acres: 10.9
  • Cpr Land Sq Ft: 474804
  • Easements: Drainage, Driveway
  • General Land Class: Apartment
  • Land Acres: 0.470959
  • Land Sq Ft: 20515
  • State Zoning: Urban
  • Topography: Gentle Slope
  • Improvements: Underground Utilities
  • Lot Description: Clear
  • Lot Location: Cul-De-Sac
  • Number Of Lots In Listing: One
  • Land Condo: Yes
  • Land Use: Residential

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210060370004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Jul 29, 2015
Sold by
Rcl8 Mmxi Investment Llc
Bought by
Makena Beach Llc
Seller's Agent
Kaimi Judd
Discovery Makena Realty LLC
Buyer's Agent
Kaimi Judd
Discovery Makena Realty LLC
List Price
$12,000,000
Sold Price
$10,800,000
Premium/Discount to List
-$1,200,000
-10%
Current Estimated Value
$7,016,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,784,000
Avg. Annual Appreciation
-4.12%
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
Makena Beach Llc -- Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $10,800,000 -10.0% $526 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $12,000,000 -- $585 / 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 $331,454 $28,491,200 $15,796,700 $12,694,500
2024 $331,454 $25,041,700 $12,953,300 $12,088,400
2023 $277,923 $24,025,800 $12,637,300 $11,388,500
2022 $202,091 $17,959,300 $11,373,600 $6,585,700
2021 $138,034 $17,679,900 $11,521,300 $6,158,600
2020 $121,016 $17,792,900 $11,521,300 $6,271,600
2019 $56,389 $8,936,400 $8,936,400 $0
2018 $31,263 $4,954,500 $4,954,500 $0
2017 $29,076 $0 $0 $0
2016 $2,803 $4,671,400 $4,671,400 $0
2015 $14,700 $4,671,300 $4,671,300 $0
2014 $14,700 $4,742,000 $4,742,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 363739

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-006-037-0004