NOT LISTED FOR SALE

198 Holomakani Place Kula, HI 96790

Estimated Value: $759,099

0.5 Acre
$1,518,198 Price per Acre
21,780 Sq Ft Lot

Last Sold July 15, 2022

Last sale price $698,000 $32 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,287/month

234 Days on Market

Highlights

  • Ocean View
  • Cul-De-Sac
  • Gentle Sloping Lot

About This Lot

As of July 2022

Remarkable building lot in the established subdivision of Kula Highlands with Ocean Views and beautiful rolling hills to the top of the Mountain. One of the rare lots in Upcountry Maui with a designated installed County water meter. The 21,780 sq ft, 1/2 acre lot has a driveway area prepped, no CCR's or monthly fees. The land is slightly sloped, all usable at the top of the subdivision and near the end of the cul de sac. County Zoning allows for a main house and cottage. A perfect climate for growing an edible garden and fruit trees in this rich Kula soil. Near a dozen great schools, minutes to Kula Bistro, Morihara Store, bus stop, and Kula Hardware. The Kula Community Center with tennis courts and the County Waiakoa Gymnasium for basketball and other activities are also located in this area of Kula. Build your dream home, quaint cottage, or both in this serene quiet area of Maui.

Last Agent to Sell the Property

Velva Ribble-Padgett

Maui Luxury Real Estate LLC License #RS-67384 Listed on: 08/05/2021

Last Buyer's Agent

Velva Ribble-Padgett

Maui Luxury Real Estate LLC License #RS-67384 Listed on: 08/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,751

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot

Schools

  • Kula Elementary School
  • King Kekaulike High School

Additional Features

  • Ocean Views
  • Phone Available

Community Details

  • Kula Highlands Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,751

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • Type: Vacant Land
  • View: Ocean
  • Possible Use: Single Family
  • Geo Subdivision: HI
  • Tax Year Ending: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 32.05

Utilities

  • Utilities To Site: County Water, Telephone, Overhead Electricity
  • Water To Site: County Water Meter Ins

Schools

  • Elementary School: Kula Elementary
  • High School: King Kekaulike High

Lot Info

  • Assessed Land Value: 435600
  • General Land Class: Unimproved Residential
  • Land Acres: 0.5
  • Land Sq Ft: 21780
  • State Zoning: Agricultural
  • Topography: Gentle Slope
  • Lot Location: Cul-De-Sac
  • Number Of Lots In Listing: One
  • Land Use: Residential
  • Geo Address Line: 198 Holomakani Pl
  • Geo Primary City: Kula
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 215.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Davis Melissa L and Vavra Loren Gerald
Bought by
Kula Lookout Llc
Current Estimated Value
$759,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Outstanding Balance
$266,705
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$492,394

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jul 6, 2022
Sold by
Ann N Wallner Trust
Bought by
Davis Melissa L and Vavra Loren Gerald
Seller's Agent
Velva Ribble-Padgett
Maui Luxury Real Estate LLC
Buyer's Agent
Velva Ribble-Padgett
Maui Luxury Real Estate LLC
List Price
$725,000
Sold Price
$698,000
Premium/Discount to List
-$27,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$483,750
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2017
Sold by
Wallner Ann N and Gaeth Tracy A
Bought by
Wallner Ann N and Ann N Wallner Trust

Purchase Details

Closed on
May 12, 2015
Sold by
Wallner Ann N and Gaeth Tracy A
Bought by
Wallner Ann N and Gaeth Tracy A

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kula Lookout Llc -- Fidelity National Title
Davis Melissa L -- Hookele Title
Davis Melissa L -- Hookele Title
Wallner Ann N -- Accommodation
Wallner Ann N -- Accommodation
Wallner Ann N -- Accommodation
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kula Lookout Llc $402,500
Previous Owner Davis Melissa L $483,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $698,000 -3.7% $32 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
08/05/2021 08/05/21 For Sale $725,000 -- $33 / 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 $3,751 $958,300 $958,300 --
2024 $3,751 $653,400 $653,400 --
2023 $2,875 $500,900 $500,900 $0
2022 $2,250 $392,000 $392,000 $0
2021 $2,587 $435,600 $435,600 $0
2020 $2,587 $435,600 $435,600 $0
2019 $2,458 $413,800 $413,800 $0
2018 $2,483 $413,800 $413,800 $0
2017 $2,356 $0 $0 $0
2016 $2,219 $392,000 $392,000 $0
2015 -- $348,500 $348,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Velva Ribble-Padgett

    Seller's Agent in 2022

    Velva Ribble-Padgett

    Maui Luxury Real Estate LLC

    (808) 250-3727

    1 in this area

    20 Total Sales

    Velva Ribble-Padgett
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392553

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-020-054-0000

Hawaii Maui County Kula 96790

198 Holomakani Place, Kula, HI

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