NOT LISTED FOR SALE

173 Inia Place Kula, HI 96790

Estimated Value: $1,586,000 - $1,987,000

5 Beds
2 Baths
2,200 Sq Ft
$810/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2014

Last sale price $940,000 $427 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $9,707 / mo

7 Days on Market

Highlights

  • Ocean View
  • Workshop
  • Gentle Sloping Lot
  • 2 Acre Lot
  • Fenced
  • Carpet

About This Home

As of June 2014

One of the best Investment Properties Up Country has to offer! This 2 acre property yields approximately $6,000 in rental income per month! This 2 acre property with Amazing Ocean Views boasts a beautiful 5 bedroom home with 2 baths, a Detached 1 bedroom Ohana with separate driveway, a studio, and a 2 bedroom farmhouse with a separate entrance completely out of sight of the rest of the property. Enjoy enormous mature monkey pod trees along with 2 large greenhouses currently not in use. This could be one of the best opportunities for a large family Estate or Compound or just keep it as is and hold the property as an investment.

Last Agent to Sell the Property

Ryan MacLaughlin

Island Sotheby's International Realty(W) License #RB-21325 Listed on: 05/13/2014

Island Sotheby's International Realty(W)

Last Buyer's Agent

General Public

General Public

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Fenced
  • Gentle Sloping Lot

Home Design

  • Split Level Home
  • Pillar, Post or Pier Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Ocean Views
  • Range
  • Washer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 2230031420000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

2 Acres

Listing Details

  • View: Ocean
  • Year Built: 1988
  • Property Sub Type: SF w/Det Ohana or Cottage
  • Prop. Type: Residential
  • LotFeatures: Electricity Easement, Water Easement, Telephone Easement
  • Road Surface Type: Graded
  • Fireplace: No
  • Interior Features: Workshop
  • Unit Levels: Two, Multi/Split
  • LivingArea: 2200
  • Roof: Asphalt/Comp Shingle
  • LandTenure: Fee Simple
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Range, Refrigerator, Washer, Washing Machine
  • Total Bedrooms: 5

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 2
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Licensed Owner
  • Home Warranty: No
  • Construction Type: Wood, Single Wall
  • Foundation Details: Pillar/Post/Pier, Post and Pier

Utilities

  • Sewer: Cesspool
  • HeatingYN: No
  • Water Source: Public

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres
  • Parcel #: 2230031420000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Jun 12, 2014
Sold by
Inia Farms Llc
Bought by
Laule A Farm Llc
Seller's Agent
Ryan MacLaughlin
Island Sotheby's International Realty(W)
Buyer's Agent
General Public
General Public
List Price
$1,194,000
Sold Price
$940,000
Premium/Discount to List
-$254,000
-21.27%
Current Estimated Value
$1,781,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$841,413
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
May 19, 2012
Closed on
Aug 9, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Inia Farms Llc
Seller's Agent
Marty Smith
Kohala Resort Realty LLC
Buyer's Agent
Robin Kean
Kean Properties LLC
List Price
$543,000
Sold Price
$478,200
Premium/Discount to List
-$64,800
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.27%

Purchase Details

Closed on
Jun 11, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 21, 2007
Sold by
Hess William C and Hess Patricia A
Bought by
Wisemark Cerro Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,250
Interest Rate
6.75%
Mortgage Type
New Conventional

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
Jul 26, 1999
Sold by
Barchet William D and Hether Christine A
Bought by
Hess William C and Hess Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
7.64%
Source: Public Records
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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
Laule A Farm Llc $940,000 Or
Inia Farms Llc $478,200 Fam
Deutsche Bank National Trust Company $774,000 None Available
Wisemark Cerro Jenny $1,299,000 Fntic
Makekau Jeffery N -- --
Hess William C $489,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wisemark Cerro Jenny $974,250
Previous Owner Hess William C $391,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2014 06/20/14 Sold $940,000 -21.3% $427 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $1,194,000 +149.7% $543 / Sq Ft
08/28/2012 08/28/12 Sold $478,200 -11.9% $213 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
05/19/2012 05/19/12 For Sale $543,000 -- $242 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $2,379 $1,644,000 $1,080,000 $564,000
2024 $2,379 $1,589,400 $1,050,000 $539,400
2023 $2,467 $1,583,400 $1,050,000 $533,400
2022 $1,771 $1,085,500 $600,000 $485,500
2021 $5,311 $957,200 $520,000 $437,200
2020 $5,370 $967,000 $520,000 $447,000
2019 $5,490 $924,300 $490,000 $434,300
2018 $6,085 $1,014,100 $480,000 $534,100
2017 $5,896 $0 $0 $0
2016 $5,596 $988,700 $500,000 $488,700
2015 $3,174 $842,400 $400,000 $442,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 360577

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-003-142-0000

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