NOT LISTED FOR SALE

18 Kahana Ridge Place Lahaina, HI 96761

Estimated Value: $1,715,000 - $1,987,000

3 Beds
2.5 Baths
2,010 Sq Ft
$922/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $885,000 $440 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $10,892/month

82 Days on Market

Highlights

  • Ocean View
  • 2 Car Garage
  • Level Lot
  • Central Air

About This Home

As of October 2016

Stunning ocean views and views of Lanai and Molokai from this meticulously maintained two story home in the very desirable Kahana Ridge neighborhood. 18 Kahana Ridge Place is located on the very top street on a cul-de-sac, by far the best location in the neighborhood. This creates a separation from the main thoroughfares and provides a quiet and peaceful environment.This light filled home has been well cared for and is clean and move-in ready with fresh interior and exterior paint, new carpet, crown molding, and a newly painted garage floor. The home features central air conditioning, a covered lanai, and a two car garage. The living room, dining room, kitchen, guest half bath, and master bedroom are on the second level. The kitchen has custom cherry cabinetry, beautiful granite counter tops, and new stainless steel appliances. The spacious master bedroom with access to the covered lanai offers a walk in closet and has an ocean view. The spacious downstairs features 9' ceilings with its own living room and two bedrooms and access to the perfectly landscaped back yard. Kahana Ridge has a pet friendly community park and is close to Kahana Gateway Center & Napili Plaza. World class golf and resorts are just minutes away in nearby Kapalua. An amazing property, and the best deal in the neighborhood, this is a must-see! Buyer shall participate in Seller's IRS 1031 Exchange at no cost or liability to Buyer.

Last Agent to Sell the Property

Jeff Walter

Coldwell Banker Island Prop(S) License #RS-77172 Listed on: 06/18/2016

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Jeff Walter

Coldwell Banker Island Prop(S) License #RS-77172 Listed on: 06/18/2016

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 2003

Lot Details

  • 6,447 Sq Ft Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,687

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Residential
  • District: Napili/Kahana/Honokowai
  • Roads: Paved, Private
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2003
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2003
  • Year Renovated: 2016

Interior Features

  • Bathrooms: 2.5
  • Bedrooms: 3
  • Living Area Sq Ft: 2010

Exterior Features

  • Covered Lanai Deck Sq Ft House: 370

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Sewer: Sewer County, Sewer Connected
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 150

Lot Info

  • County Zoning: R-1 Residential
  • Land Acres: 0.148
  • Land Sq Ft: 6447
  • State Zoning: Urban
  • Topography: Level

Tax Info

  • Taxes Per Month: 286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2016
Closed on
Oct 13, 2016
Sold by
Hornung Edison L and Hornung Diana J
Bought by
Khadar Mohammad M and Khadar Elina A
Seller's Agent
Jeff Walter
Coldwell Banker Island Prop(S)
Buyer's Agent
Jeff Walter
Coldwell Banker Island Prop(S)
List Price
$949,000
Sold Price
$885,000
Premium/Discount to List
-$64,000
-6.74%
Current Estimated Value
$1,852,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$967,858
Avg. Annual Appreciation
8.69%
Original Mortgage
$692,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Hornung Edison L and Hornung Diana J
Bought by
Hornung Edison L and Hornung Diana J

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
Mar 28, 2001
Sold by
Maui Usa Inc
Bought by
Hornung Edison L and Hornung Diana J
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
Khadar Mohammad M $885,000 Or
Hornung Edison L -- None Available
Makekau Jeffery N -- --
Hornung Edison L $163,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khadar Mohammad M $400,000
Closed Khadar Mohammad M $152,000
Closed Khadar Mohammad M $692,000
Previous Owner Hornung Edison L $500,000
Previous Owner Hornung Edison L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $885,000 -6.7% $440 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $949,000 -- $472 / 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 $8,687 $1,509,500 $992,000 $517,500
2024 $8,687 $1,331,400 $837,900 $493,500
2023 $6,361 $1,063,900 $569,700 $494,200
2022 $5,644 $964,800 $516,100 $448,700
2021 $4,931 $894,300 $502,700 $391,600
2020 $4,977 $901,900 $502,700 $399,200
2019 $4,949 $883,800 $496,000 $387,800
2018 $4,972 $900,800 $482,600 $418,200
2017 $4,419 $0 $0 $0
2016 $3,746 $706,700 $321,700 $385,000
2015 -- $636,000 $288,200 $347,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 369971

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-021-029-0000