NOT LISTED FOR SALE

151 Kula I'O Rd Unit Lot 4 Kula, HI 96790

Estimated Value: $2,332,546

16 Acres
$149,858 Price per Acre
678,011 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $1,650,000 $2 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,522/month

1,636 Days on Market

Highlights

  • 15.57 Acre Lot
  • Mountain View
  • Gentle Sloping Lot

About This Lot

As of May 2021

Kula 'I'O, the Essence of Kula, that rarest of properties in the ideal elevation of Upcountry Maui offering breathtaking, panoramic ocean views stretching from Makena to Paia, across the outer islands and the West Maui Mountains. This 236 acre gated community is comprised of 35 exceptional, individual, ocean view lots ranging in size from 2.5 to 25 acres, with home sites planned to fit harmoniously into the magnificent terrain. This ideal elevation of 2,000 to 2,400 feet is considered by many to be perfect for human activities and living as it provides the optimal temperature, humidity and atmospheric pressure. Kula 'I'O offers a temperate climate of warm breezy days, cool evenings, and is conveniently located near area hardware store, gas station, community center, post office, fire station, excellent restaurants, and many of Maui's most revered schools. It is within minutes of the picturesque town of Makawao and a community hospital is 8 minutes down the road. Kahului Airport, Wailuku Town, and excellent beaches are less than minutes away. Kula 'I'O residents will enjoy walking, jogging, and biking the private beautifully landscaped subdivision roadways which will be maintained by the Homeowner's Association. Kula 'I'O will promote active agriculture in a thoughtfully designed plan to maintain open space and the rural character of the community. A state-of-the-art private well system will provide pristine water and each lot will have a potable & Ag water meter. CPR is allowed.

Last Agent to Sell the Property

Robbie Dein

Maui Real Estate Advisors LLC License #RB-18398 Listed on: 10/17/2016

Co-Listed By

Ken Hayo

Maui Real Estate Advisors LLC License #RB-15529

Last Buyer's Agent

John Guard IV

Hawaii Life (MA) License #RB-18262

Hawaii Life (MA)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,006

Lot Details

  • 15.57 Acre Lot
  • Property fronts a private road
  • Gentle Sloping Lot

Property Views

  • Mountain Views

Schools

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

Utilities

  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2230021370000

Property Details

Property Type

Land

Est. Annual Taxes

$9,006

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • New Developer Offering: Yes
  • Roads: Private, Paved
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 2.43

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: County Water, Private Water, Tv Cable, Underground Electricity
  • Water To Site: Private Water

Condo/Co-op/Association

  • Other Monthly Fees: Associated Fee

Schools

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

Lot Info

  • County Zoning: Agricultural
  • Land Acres: 15.565
  • Land Sq Ft: 678011
  • Topography: Gentle Slope
  • Improvements: Street Lights, Underground Utilities
  • Number Of Lots In Listing: One
  • Setbacks: Czo

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2230021370000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
May 3, 2021
Sold by
Kula Io Green Llc
Bought by
Luczo Stephen J and Stephen J Luczo Revocable Trus
Seller's Agent
Robbie Dein
Maui Real Estate Advisors LLC
Buyer's Agent
John Guard IV
Hawaii Life (MA)
List Price
$1,687,950
Sold Price
$1,650,000
Premium/Discount to List
-$37,950
-2.25%
Current Estimated Value
$2,332,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,546
Avg. Annual Appreciation
8.38%
Source: Public Records

Range of Values:

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Average Value
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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
Luczo Stephen J -- Tg
Luczo Stephen J $1,650,000 Tg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,650,000 -2.2% $2 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $1,687,950 0.0% $2 / Sq Ft
04/07/2021 04/07/21 For Sale $1,687,950 +10.0% $2 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $1,534,500 +10.0% $2 / Sq Ft
03/01/2018 03/01/18 Price Changed $1,395,000 +7.5% $2 / Sq Ft
10/17/2016 10/17/16 For Sale $1,297,350 -- $2 / 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 $9,006 $2,413,800 $2,413,800 --
2024 $9,006 $1,569,000 $1,569,000 --
2023 $8,844 $1,540,800 $1,540,800 $0
2022 $8,314 $1,448,400 $1,448,400 $0
2021 $8,125 $1,367,800 $1,367,800 $0
2020 $8,364 $1,408,000 $1,408,000 $0
2019 $8,245 $1,388,100 $1,388,100 $0
2018 $7,654 $1,275,700 $1,275,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 371200

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-002-137-0000