$680,000
SOLD DEC 23, 2022

The Island Surf 1993 S Kihei Rd Unit 507 Kihei, HI 96753

1 Bed
1 Bath
67,518 Sq Ft
1973 Built

Recently Sold

$10 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Above Ground Pool
  • 1.55 Acre Lot
  • Elevator
  • Property is near an ocean
  • Mountain View
  • Commercial or Retail Space

About This Home

As of January 2025

Island Surf 507 combines the sleek industrial fashion of a Soho loft with the tranquil, Zen minimalism of an Esalen retreat, yet with the heart-stirring vantage point of a Bali surf-cam. Designed with an emphasis on ease of maintenance, the subtle elegance of materials belie their inherent durability: glass-block shower wall, cast iron tub, slate; tile walls in the bath, massive, one-of-a-kind koa (Hawaiian acacia) slab table doubling as island, one-piece stainless-steel commercial kitchen sink/counter combo, rolling butcher-block table and versatile enameled industrial kitchen cabinets. The contrasting textures and finishes provide an unobtrusive background for contemplative relaxation. Concrete construction ensures quiet between floors and adjoining units while keeping the bedroom cool all summer. The unit’s excellent air flow-through makes the most of Hawaii’s dependable trade winds, ensuring year-round comfort. A floor-to-ceiling, wall-to-wall curtain of double-paned sliding glass doors and sidelights affords panoramic vistas. Unit 507 is ideally positioned to avoid harsh, direct sunlight that renders many lanais & living rooms unusable in the summertime and the generously sized lanai allows one to experience the views of our legendary Maui sunsets all year round. You always have front-row seats to enjoy the cavorting & breaching of humpback whales in season as well as the endless variations of the patterns of the surf, especially enchanting by moonlight, not to mention a birds-eye view of surfers, kayakers & stand-up paddlers from Kalama Bowls to Cove Park and down the coast to Wailea. The wafting breeze often carries hints of the perfume of night-blooming jasmine, plumeria, stephanotis and a host of other seasonal blooms. Located within strolling distance to the various venues of Kihei’s dining hot-spots including South Maui Gardens, a garden oasis right next door! Call your favorite Realtor to see this amazing pied-a-terre soon and make this Maui gem the crown jewel of YOUR real estate portfolio before it adorns another’s…

Last Agent to Sell the Property

Ron Wilson

Hawaiian Voyage Realty License #RB-16344 Listed on: 10/31/2022

Last Buyer's Agent

Emalia Fisher

Commercial Prop of Maui LLC License #RB-24336

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,476

Year Built

  • Built in 1973

Home Design

  • Commercial or Retail Space
  • Slab Foundation
  • Steel Frame
  • Pitched Roof
  • Concrete Block And Stucco Construction
  • Double Stud Wall
  • Tile

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Above Ground Pool
  • Property is near an ocean
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2390030010000

Community Details

Overview

  • High-Rise Condominium
  • Island Surf Community
  • Island Surf Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,476

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Ada Enhanced Access: 1 Level, Wide Door (min 32), Wide Hall (min 36)
  • Class: Condominium
  • District: Kihei
  • Other Features: Bar-B-Que
  • Total Exemption: 200000
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: 507
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1973
  • Year Renovated: 2010
  • Cov Lanai Deck Sq Ft: 94
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile
  • Additional Rooms: Dining Area
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Dryer, Inventory, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 602
  • Price Per Sq Ft: 1129.57
  • Floor Level: 5
  • Passenger Elevator: Two

Exterior Features

  • Construction Data: Concrete, Double Wall, Hollow Tile, Steel Frame
  • Design And Structure: High-Rise 4+ Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Pitch And Gravel
  • Substructure: Concrete Slab
  • Waterfront: Across Street From Ocean
  • Pool Type: Above Ground

Utilities

  • Sewer: Sewer County, Sewer Connected
  • Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Other Monthly Fees: Assessment, Maintenance Fees
  • Complex Name: Island Surf
  • Monthly Maintenance Fee: 437.07

Schools

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

Lot Info

  • Assessed Improvement Value: 449300
  • Assessed Land Value: 22200
  • County Zoning: B-2 Community Bus
  • Flood Zone: Yes
  • General Land Class: Commercial
  • Land Acres: 1.55
  • Land Recorded: Regular
  • Land Sq Ft: 67518
  • State Zoning: Urban
  • Geo Address Line: 1993 S Kihei Rd
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Pets Allowed: Yes
  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 45
  • Assessor Parcel Number: 2390030010000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 26, 2024
Sold by
C Nagatani Farms Family Limited Partners
Bought by
Kurani Hitesh and Modi Rakesh
Seller's Agent
Emalia Fisher
Commercial Prop of Maui LLC
Buyer's Agent
Todd Hudson
Keller Williams Realty Maui-Ki
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
7
Current Estimated Value
$670,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,492
Avg. Annual Appreciation
-1.07%
Original Mortgage
$225,000
Outstanding Balance
$223,580
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$446,928

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 19, 2022
Sold by
Stansbury Susan Joyce
Bought by
C Nagatani Farms Family Limited Partnership
Seller's Agent
Ron Wilson
Hawaiian Voyage Realty
Buyer's Agent
Emalia Fisher
Commercial Prop of Maui LLC
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Stansbury Joyce Holmes
Bought by
Stansbury Susan Joyce

Purchase Details

Closed on
Jan 29, 2010
Sold by
Rossman Linda M
Bought by
Stansbury Joyce Holmes and Stansbury Susan Joyce

Purchase Details

Closed on
Dec 12, 2007
Sold by
Holland Loretta M
Bought by
Holland Loretta M and Loretta M Holland Revocable Inter Vivos

Purchase Details

Closed on
Nov 18, 2003
Sold by
Holland Loretta Marie
Bought by
Holland Loretta Marie and Holland William T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed $675,000 Title Guaranty
Deed -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Deed $210,000 Island Title Corporation
Interfamily Deed Transfer -- Itc
Interfamily Deed Transfer -- Itc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Closed $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $675,000 -6.9% $1,121 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $725,000 +6.6% $1,204 / Sq Ft
12/23/2022 12/23/22 Sold $680,000 -2.7% $10 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $699,000 -- $10 / 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 $8,476 $673,300 $24,900 $648,400
2024 $8,476 $678,100 $24,900 $653,200
2023 $7,375 $622,400 $24,900 $597,500
2022 $543 $471,500 $22,200 $449,300
2021 $695 $488,200 $22,200 $466,000
2020 $572 $427,800 $25,800 $402,000
2019 $579 $399,800 $18,600 $381,200
2018 $475 $366,800 $19,600 $347,200
2017 $648 $0 $0 $0
2016 $391 $344,900 $17,500 $327,400
2015 $150 $308,000 $15,500 $292,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397262

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-003-001-0055