Seller's Agent in 2024
Alex Iskenderian
Berkshire Hathaway Maui Prop-L
(808) 344-0865
164 Total Sales
161 Welau Way Lahaina, HI 96761
0.27
Acre
$2,310,392
Price per Acre
11,878
Sq Ft Lot
About This Lot
As of December 2024161 Welau Way is located at the end of the quiet Welau cul-de-sac within the exclusive double gated subdivision of The Summit at Ka’anapali. This Pacific Ocean and West Maui Mountain view lot is ready to be built on. The level ground topography makes this parcel shovel ready. The home site allows for a large residence up to two stories including ample landscaping, and full-size pool and spa. The parcel is approximately a 1/4 acre in size. The Summit is a relaxing and carefree golf-cart friendly neighborhood a short ride from the world famous Ka’anapali Beach and Resort. This neighborhood is great for both full time residents and vacation home owners. Ka’anapali is where the world comes to play. The neighboring lot is also available for purchase. This is a rare opportunity to own two side by side lots in the Summit.
Last Agent to Sell the Property
Berkshire Hathaway Maui Prop-L License #RB-23602 Listed on: 04/22/2024
Last Buyer's Agent
Honolulu MLS
Honolulu Board of REALTORS
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,385
HOA Fees
- $354 Monthly HOA Fees
Schools
- King Kamehameha Iii Elementary School
- Lahaina Intermediate
- Lahainaluna High School
Additional Features
- 0.27 Acre Lot
- Mountain Views
- Private Water Source
Community Details
- Ke Alii Subdivision
Listing and Financial Details
- Assessor Parcel Number 2440170290000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Nov 14, 2024
Sold by
Petrovic Sean and Petrovic Vesna Christine
Bought by
Baylin Li Andy and Ping Lin Ping
Seller's Agent
Alex Iskenderian
Berkshire Hathaway Maui Prop-L
Buyer's Agent
Honolulu MLS
Honolulu Board of REALTORS
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,282
Avg. Annual Appreciation
7.19%
Purchase Details
Closed on
Jan 29, 2010
Sold by
American Savings Bank Fsb
Bought by
Petrovic Sean and Petrovic Vesna Christine
Purchase Details
Closed on
Feb 11, 2009
Sold by
Dang Marvin S C
Bought by
American Savings Bank Fsb
Purchase Details
Closed on
Aug 9, 2006
Sold by
No Ka Oi Construction Inc
Bought by
Jones Vincent Colm and Jones Amy Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
6.76%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fnt | |
| Warranty Deed | -- | Fnt | |
| Limited Warranty Deed | $350,000 | Tg | |
| Commissioners Deed | $506,850 | None Available | |
| Warranty Deed | $725,000 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $543,750 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $630,000 | -9.9% | -- |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $699,000 | -- | -- |
Source: Maui MLS (REALTORS® Association of Maui)
Tax History Compared to Growth
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 | $4,385 | $747,100 | $747,100 | -- |
| 2024 | $4,385 | $747,100 | $747,100 | -- |
| 2023 | $3,600 | $615,300 | $615,300 | $0 |
| 2022 | $2,520 | $430,700 | $430,700 | $0 |
| 2021 | $2,251 | $413,100 | $413,100 | $0 |
| 2020 | $1,643 | $301,500 | $301,500 | $0 |
| 2019 | $2,155 | $384,800 | $384,800 | $0 |
| 2018 | $1,770 | $320,700 | $320,700 | $0 |
| 2017 | $2,665 | $0 | $0 | $0 |
| 2016 | $2,550 | $481,100 | $481,100 | $0 |
| 2015 | -- | $506,700 | $506,700 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Iskenderian
-
Alex de Sousa Pinto
Seller Co-Listing Agent in 2024
Alex de Sousa Pinto
Berkshire Hathaway HI Isl Prop
(808) 205-8127
34 Total Sales
-
H
Buyer's Agent in 2024
Honolulu MLS
Honolulu Board of REALTORS
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 401934
APN: 2-4-4-017-029-0000
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