NOT LISTED FOR SALE

197 Kainui Loop Unit 61B Kihei, HI 96753

Estimated Value: $2,698,000 - $2,957,000

3 Beds
2.5 Baths
1,095,970 Sq Ft
$3/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $2,550,000 $2 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,584/month

57 Days on Market

Highlights

  • Lap Pool
  • Mountain View
  • Furnished
  • 25.16 Acre Lot
  • Clubhouse
  • Home Gym

About This Home

As of February 2023

Prime location with its sweeping ocean and Haleakala views and elevated location on South Maui’s renowned Wailea Blue Golf Course, 3 bed and 2.5 bath, 2 car garage Kai Malu 61B is a 2-level fully furnished town home featuring upgrades fit for the most discerning buyer. Travertine floors, granite countertops, cherrywood cabinets, stunning Tommy Bahama furniture, and immaculate GE appliances that include a built-in side by side refrigerator, dishwasher, built-in convection oven and microwave. A full size Samsung stacked washer/dryer is conveniently located upstairs and both the upstairs master bedroom and downstairs living room have large flat screen smart TVs. The home flows effortlessly from its open concept downstairs out to its gorgeous extended lanai with BBQ/wet bar lanai, private spa and tropical landscaped lawn and an outdoor shower. Installed in the spring of 2022, the home also features 18 PV panels (Sun Power), 7600 watt Tesla Powerwall, and a Tesla brand electric vehicle charger. Additionally the entire house has a Kinetico soft-water system as well as a reverse osmosis water system in the kitchen. You really must see this home to fully appreciate its many meticulously thought-out features, as well as its breathtaking views from almost every window! Kai Malu’s amenities include; pavilion with a 75’ infinity pool, jetted spa, sauna, steam room, fitness center and a full kitchen with epic panoramic ocean views! All this is located just minutes from Wailea & Makena’s best beaches, golf, tennis, restaurants and shopping.

Last Agent to Sell the Property

Jolanta Frazier

Coldwell Banker Island Prop(S) License #RB-18632 Listed on: 11/15/2022

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Gail Johnson-Wheeler

Romvari Realty Ltd License #RS-76587

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 25.16

Home Design

  • Semi-Detached or Twin Home
  • Entry on the 1st floor
  • Tile Roof
  • Stucco Exterior
  • Double Stud Wall

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Home Gym
  • Mountain Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Pool

  • Lap Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2210081170000

Community Details

Overview

  • Property has a Home Owners Association
  • Kai Malu Community
  • Kai Malu Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Exercise Room, Club House, Bar-B-Que, Spa/Hot Tub
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: 61B
  • Unit Configuration: Semi-Attached (2 Units In Building)
  • Year Built: 2007
  • Cov Lanai Deck Sq Ft: 320
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile
  • Additional Rooms: Dining Area
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Security System, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Drapes, Furnished, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1796
  • Price Per Sq Ft: 1419.82
  • Floor Level: 1

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: Town House
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Pool Type: In-Ground, Lap

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2
  • Garage Parking Sq Ft: 449

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Fees: 302
  • Other Monthly Fees: Maintenance Fees, Associated Fee
  • Complex Name: Kai Malu
  • Monthly Maintenance Fee: 1381.8

Schools

  • Elementary School: Kamalii Elementary
  • High School: Maui High
  • Intermediate School: Lokelani Intermediate

Lot Info

  • County Zoning: A-2 Apartment District
  • General Land Class: Apartment
  • Land Acres: 25.16
  • Land Sq Ft: 1095970
  • State Zoning: Urban
  • Geo Address Line: 197 Kainui Loop
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210081170000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 25, 2023
Sold by
Jerome L Birch And Jean M Birch Trust
Bought by
Vg Spouse Trust
Seller's Agent
Jolanta Frazier
Coldwell Banker Island Prop(S)
Buyer's Agent
Gail Johnson-Wheeler
Romvari Realty Ltd
List Price
$2,900,000
Sold Price
$2,550,000
Premium/Discount to List
-$350,000
-12.07%
Current Estimated Value
$2,695,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,734
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Sep 5, 2019
Sold by
Birch Jerome Lee and Birch Jean Marie
Bought by
Birch Jerome Lee and Birch Jean Marie

Purchase Details

Listed on
Nov 3, 2015
Closed on
Sep 12, 2016
Sold by
Wands Charles Bernard and Wands Erin Mourey
Bought by
Birch Jerome Lee and Birch Jean Marie
Seller's Agent
Violeta Ylaite
Coldwell Banker Island Prop-Ku
Buyer's Agent
Jolanta Frazier
Coldwell Banker Island Prop(S)
List Price
$1,525,000
Sold Price
$1,400,000
Premium/Discount to List
-$125,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$900,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2012
Closed on
May 23, 2013
Sold by
Neal Christopher A
Bought by
Wands Charles Bernard and Wands Erin Mourey
Seller's Agent
David Liscio
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
Violeta Ylaite
Coldwell Banker Island Prop-Ku
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$960,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2008
Sold by
Kai Malu Wailea Llc
Bought by
Neal Christopher A and The Neal Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,282,200
Interest Rate
6.07%
Mortgage Type
Unknown
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vg Spouse Trust -- Fidelity National Title
Birch Jerome Lee -- None Available
Birch Jerome Lee -- Tg
Wands Charles Bernard -- Tg
Neal Christopher A $1,617,500 Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birch Jerome Lee $900,000
Previous Owner Wands Charles Bernard $960,000
Previous Owner Neal Christopher A $1,282,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2023 02/08/23 Sold $2,550,000 -5.6% $2 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $2,700,000 -6.9% $2 / Sq Ft
11/15/2022 11/15/22 For Sale $2,900,000 +107.1% $3 / Sq Ft
09/28/2016 09/28/16 Sold $1,400,000 -8.2% $1 / Sq Ft View Prior Sale
07/24/2016 07/24/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $1,525,000 +27.1% $1 / Sq Ft
05/30/2013 05/30/13 Sold $1,200,000 -4.0% $668 / Sq Ft View Prior Sale
04/14/2013 04/14/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $1,250,000 -- $696 / 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 $19,016 $2,976,000 $124,800 $2,851,200
2024 $19,016 $2,546,600 $124,800 $2,421,800
2023 $12,980 $1,891,300 $113,400 $1,777,900
2022 $10,819 $1,621,100 $85,100 $1,536,000
2021 $9,138 $1,567,900 $85,100 $1,482,800
2020 $8,457 $1,477,200 $90,800 $1,386,400
2019 $7,660 $1,214,000 $90,800 $1,123,200
2018 $8,138 $1,289,700 $90,800 $1,198,900
2017 $8,401 $0 $0 $0
2016 $690 $1,149,300 $90,800 $1,058,500
2015 $7,622 $1,062,700 $85,100 $977,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397373

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-117-0122