NOT LISTED FOR SALE

196 Muliwai Dr Wailuku, HI 96793

Estimated Value: $652,000 - $756,108

2 Beds
1 Bath
597 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $735,000 $1,231 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,159/month

58 Days on Market

Highlights

  • Mountain View
  • Storage Room
  • Ceiling Fan
  • Eat-In Kitchen
  • 1-Story Property
  • 4-minute walk to Iao Valley State Monument

About This Home

As of July 2023

Tranquil home in the heart of Wailuku Town! Easy access to all that Wailuku has to offer: Medical Facilities, County and State Offices, Wailuku Town Artsy Shops, Historic Iao Theater, Main St., Food Trucks, Parks, Gyms, Restaurants, and Bars. Wailuku Town is currently in the process of revamping its downtown district, adding paved sidewalks, street lamps, a multi-level parking structure, and a transformation into the heart of Maui. This home is just off of the same street where all the new town renovations are taking place. From this home, you will enjoy beautiful views of Iao Valley, light Hawaiian breezes flowing through, a privately fenced in lot with paved concrete driveway, and tropical fruit trees around the property including Calamansi Lime, Mountain Apple, Lychee, and Apple Banana. Recently updated appliances include a range with oven, washer and dryer, and NEW Daikin mini split AC system. The benefits of this 2 bedroom, 1 bath, 597 sq. ft. home includes a private storage room, which can easily be made into an office space, laundry room, or even a bunk room. This home comes with large vaulted ceilings and also has its own private carport. The possibilities are endless for this home with existing R-1 zoning. This home was recently renovated and passed County inspections for all Construction, Plumbing, and Electrical punch list items. Schedule your showing today! (All furnishings are virtually staged in MLS photos) This is a Residential CPR property. The current 6-month lease for $2,916.67/mo. expires at the end of May 2023. Do Not Approach Property without the Listing Agent.

Last Agent to Sell the Property

Michelle Bosque

REMAX Hawaii Maui License #RB-21140 Listed on: 03/30/2023

REMAX Hawaii Maui

Co-Listed By

Leslie-Ann Yokouchi

Compass-W License #RB-14590

Last Buyer's Agent

Brent Matsui

Compass-W License #RS-77393

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1994

Lot Details

  • 10,598 Sq Ft Lot
  • Property fronts a county road
  • Fenced
  • Level Lot

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 597 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Family Room
  • Storage Room
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Wailuku Elementary School
  • Iao Intermediate
  • Henry Perrine Baldwin High School

Utilities

  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,970

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailuku
  • Other Features: Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved, County
  • Type: Single Family
  • View: Mountain
  • Year Built House: 1994
  • Geo Subdivision: HI
  • Year Remodeled Updated: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1994
  • Year Renovated: 2020

Interior Features

  • Flooring: Vinyl
  • Additional Rooms: Eat-In Kitchen/Nook, Family Room, Storage Room
  • Bathrooms: 1
  • Bedrooms: 2
  • Included: Blinds, Ceiling Fan(s), Disposal, Dryer, Drapes, Microwave, Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 597
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 1231.16
  • Total Living Sq Ft: 597

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • Design And Structure: 1 Story
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 1
  • Carport Parking Sq Ft House: 259

Utilities

  • Room AC Number House: 1
  • Sewer: Sewer County, Sewer Connected
  • Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Residential Condo: Yes

Schools

  • Elementary School: Wailuku Elementary
  • Middle School: Iao Intermediate
  • High School: Henry Perrine Baldwin High
  • Elementary School: Wailuku Elementary
  • High School: Henry Perrine Baldwin High
  • Intermediate School: Iao Intermediate

Lot Info

  • County Zoning: R-1 Residential
  • Cpr Land Acres: 0.122
  • Cpr Land Sq Ft: 5314
  • General Land Class: Improved Residential
  • Land Acres: 0.2433
  • Land Sq Ft: 10598
  • State Zoning: Urban
  • Topography: Level
  • Geo Address Line: 196 Muliwai Dr
  • Geo Match Code: 3
  • Geo Primary City: Wailuku
  • Geo Quality: 1
  • Geo Zoom Level: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Jul 6, 2023
Sold by
Ryan And Sarah Williams Family Trust
Bought by
Edgar R Somera Revocable Living Trust and Fay V Somera Revocable Living Trust
Seller's Agent
Michelle Bosque
REMAX Hawaii Maui
Buyer's Agent
Brent Matsui
Compass-W
List Price
$869,000
Sold Price
$735,000
Premium/Discount to List
-$134,000
-15.42%
Current Estimated Value
$708,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,973
Avg. Annual Appreciation
0.09%
Original Mortgage
$588,000
Outstanding Balance
$574,590
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$161,875
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
Edgar R Somera Revocable Living Trust -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edgar R Somera Revocable Living Trust $588,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $735,000 -4.4% $1,231 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/22/2023 04/22/23 Price Changed $769,000 -11.5% $1,288 / Sq Ft
03/30/2023 03/30/23 For Sale $869,000 -- $1,456 / 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 $3,970 $686,600 $575,200 $111,400
2024 $3,970 $676,400 $570,000 $106,400
2023 $3,674 $628,100 $522,900 $105,200
2022 $785 $461,600 $366,000 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398487

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-4-016-012-0001