NOT LISTED FOR SALE

15 Olinda Rd Makawao, HI 96768

Estimated Value: $1,111,000 - $1,768,000

2 Beds
1 Bath
1,202 Sq Ft
$1,235/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,225,000 $1,019 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,599/month

84 Days on Market

Highlights

  • 0.54 Acre Lot
  • Garden View
  • Ceiling Fan
  • Wood Flooring
  • 1-Story Property
  • Family Room

About This Home

As of August 2021

Fantastic opportunity to own 4 DWELLINGS on a HALF ACRE property right in the heart of Makawao Town. Here are the exciting main facts: 0.537 Acres of land, 3 county water meters, and 4 separate dwellings configured for maximum rental opportunity. Currently, the property is setup with 8 rental units and rental income info is available upon request. Be sure to review the attached document for details on each dwelling. The property is sold AS-IS.

Last Agent to Sell the Property

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 03/24/2021

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Derek VanDorston

Berkshire Hathaway Maui Prop-L License #RS-83558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1920

Lot Details

  • 0.54

Home Design

  • Pillar, Post or Pier Foundation
  • Aluminum Roof
  • Wood Siding
  • Vinyl Siding
  • Double Stud Wall
  • Masonite

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Garden Views
  • Fire and Smoke Detector
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 0.54 Acre Lot
  • Cesspool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,778

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • District: Makawao/Olinda/Haliimaile
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Sf W/Det Ohana Or Cottage
  • View: Garden View
  • Year Built House: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Flooring: Carpet, Laminate
  • Bathrooms: 1
  • Bedrooms: 2
  • Included: Ceiling Fan(s), Range, Refrigerator, Smoke/Heat Detector
  • Living Area Sq Ft: 562
  • Master Bedroom Ground Floor: Yes
  • Ohana Additional Rooms: Family Room
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Flooring: Tile, Wood
  • Ohana Living Area Sq Ft: 640
  • Price Per Sq Ft: 1019.13
  • Total Living Sq Ft: 1202

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: 1 Story
  • Exterior Finish: Masonite Siding, Vinyl
  • Ohana Construction: Single Wall
  • Ohana Design: 1 Story
  • Ohana Exterior Finish: Wood
  • Ohana Included: Range, Refrigerator
  • Ohana Roofing: Aluminum/Steel
  • Roofing: Aluminum/Steel
  • Substructure: Post And Pier
  • Uncovered Lanai Deck SqFt House: 120

Utilities

  • Sewer: Cesspool
  • Ohana Sewer: Cesspool
  • Ohana Utilities To Site: County Water
  • Utilities To Site: County Water

Schools

  • Elementary School: Makawao Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High

Lot Info

  • County Zoning: R-3 Residential
  • Land Acres: 0.538
  • Land Sq Ft: 23435
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Aug 19, 2021
Sold by
15 Olinda Road Llc
Bought by
Maukahi Llc
Seller's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
Buyer's Agent
Derek VanDorston
Berkshire Hathaway Maui Prop-L
List Price
$1,375,000
Sold Price
$1,225,000
Premium/Discount to List
-$150,000
-10.91%
Current Estimated Value
$1,484,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,936
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Niehaus David
Bought by
15 Olinda Road Llc

Purchase Details

Closed on
May 23, 2005
Sold by
Capital Improvements Llc
Bought by
Niehaus David

Purchase Details

Closed on
Apr 23, 2004
Sold by
Friedlander Robert A
Bought by
Olinda Business Partners Llc

Purchase Details

Closed on
Sep 22, 2003
Sold by
Jimeno Geronimo Dejesus and Jimeno Lydia Labao
Bought by
Friedlander Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Nov 8, 1999
Sold by
Ylarde Graciano E and Ylarde Felicisima B
Bought by
Jimeno Geronimo Dejesus and Jimeno Lydia Labao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.82%

Purchase Details

Closed on
May 4, 1994
Sold by
Iwado Tamio Walti and Fee Thomas Arthur
Bought by
Boyd Todd William and Boyd Pamela Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.84%
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
Maukahi Llc $1,225,000 Or
Olinda Rentals Llc -- Or
15 Olinda Road Llc $461,133 None Available
Niehaus David $525,000 --
Capital Improvements Llc $1,000 --
Olinda Business Partners Llc $1,000 --
Friedlander Robert A $700,000 --
Makekau Jeffery N -- --
Jimeno Geronimo Dejesus -- Fidelity National Title Ins
Ylarde Graciano E -- Fidelity National Title Ins
Boyd Todd William $175,000 First Hawaii Title Corporati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedlander Robert A $525,000
Previous Owner Ylarde Graciano E $315,000
Previous Owner Ylarde Graciano Emmana $1,060,000
Previous Owner Boyd Todd William $140,000
Closed Kageyama Bryan Gunji --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $1,225,000 -10.9% $1,019 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $1,375,000 0.0% $1,144 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,375,000 0.0% $1,144 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,375,000 -- $1,144 / 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 $4,778 $1,828,300 $1,424,300 $404,000
2024 $4,778 $1,555,600 $1,171,900 $383,700
2023 $3,517 $1,303,300 $919,500 $383,800
2022 $1,114 $465,500 $245,900 $219,600
2021 $2,817 $516,900 $314,800 $202,100
2020 $2,826 $518,500 $314,800 $203,700
2019 $2,712 $484,200 $285,300 $198,900
2018 $2,647 $479,600 $259,000 $220,600
2017 $2,598 $0 $0 $0
2016 $2,453 $462,900 $259,000 $203,900
2015 -- $414,600 $229,500 $185,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390867

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-4-004-011-0000