NOT LISTED FOR SALE

2 Coconut Grove Ln Unit 2 Lahaina, HI 96761

Kapalua Neighborhood

Estimated Value: $4,469,000 - $5,916,000

3 Beds
3.5 Baths
484,823 Sq Ft
11 Acres

Last Sold November 30, 2021

Last sale price $3,700,000 $8 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $30,500/month

9 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Furnished
  • Ocean View
  • 11.13 Acre Lot
  • Party Room

About This Home

As of November 2021

Enjoy Panoramic views from this spectacular residence which includes three large bedrooms, three and half baths. Coconut Grove is located on World Famous Kapalua Bay. Amenities include pool, fitness center, party room with kitchen, outdoor grill, outdoor shower. Unit has been upgraded with elevator, sound system, custom draperies and designer furnishings indoors and out. Unit is being sold completely furnished.

Last Agent to Sell the Property

Ben Willis

Island Sotheby's International Realty(L) License #RS-59357 Listed on: 09/20/2021

Island Sotheby's International Realty(L)

Last Buyer's Agent

Joanne Foxxe

Keller Williams Realty Maui-L License #RS-63115

Keller Williams Realty Maui-L

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,213

Year Built

  • Built in 2001

Lot Details

  • 11

Home Design

  • Slab Foundation
  • Concrete Block And Stucco Construction
  • Tile

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Family Room
  • Home Gym
  • Carpet
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Community Details

Overview

  • Low-Rise Condominium
  • Coconut Grove Community

Amenities

  • Party Room
  • Elevator

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,213

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Exercise Room, Bar-B-Que, Security Guard, Party Room, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: A-2
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Additional Rooms: Family Room, Laundry Room
  • Bathrooms: 3.5
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Drapes, Furnished, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2638
  • Price Per Sq Ft: 1402.58
  • Floor Level: 2
  • Passenger Elevator: One

Exterior Features

  • Construction Data: Concrete, Hollow Tile
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Substructure: Concrete Slab
  • Waterfront: Beachfront
  • Pool Type: Heated, In-Ground

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Association Manager: Bruce Wright
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Coconut Grove
  • Monthly Maintenance Fee: 2999.73

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High

Lot Info

  • Assessed Improvement Value: 2830800
  • Assessed Land Value: 1119100
  • County Zoning: A-1 Apartment District
  • General Land Class: Apartment
  • Land Acres: 11.13
  • Land Recorded: Regular
  • Land Sq Ft: 484823

Tax Info

  • Taxes Per Month: 2349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 12, 2021
Sold by
Pashley Richard D and Pashley Margaret W
Bought by
Pib Oil Llc
Seller's Agent
Ben Willis
Island Sotheby's International Realty(L)
Buyer's Agent
Joanne Foxxe
Keller Williams Realty Maui-L
List Price
$3,700,000
Sold Price
$3,700,000
Current Estimated Value
$5,095,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,395,602
Avg. Annual Appreciation
9.03%
Original Mortgage
$800,000
Outstanding Balance
$739,751
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$4,355,851

Purchase Details

Closed on
Dec 15, 2007
Sold by
Pashley Richard and Pashley Margaret
Bought by
Pashley Richard D and Pashley Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,975,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2007
Sold by
Ferry Michael David and Ferry Mary Catherine
Bought by
Ferry Michael David

Purchase Details

Closed on
Mar 29, 2004
Sold by
Natelson Robert P and Natelson Beverly L
Bought by
Ferry Michael David and Ferry Mary Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2001
Sold by
Kapalua Coconut Grove Llc
Bought by
Natelson Robert P and Natelson Beverly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%
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
Pib Oil Llc $3,700,000 Fnt
Pashley Richard D -- Tg
Pashley Richard $3,475,000 Tg
Ferry Michael David -- Accommodation
Ferry Michael David $2,677,500 --
Natelson Robert P $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pib Oil Llc $800,000
Previous Owner Pashley Richard D $1,070,200
Previous Owner Pashley Richard D $1,084,000
Previous Owner Pashley Richard D $1,100,000
Previous Owner Pashley Richard $1,975,000
Previous Owner Ferry Michael David $1,740,000
Previous Owner Natelson Robert P $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $3,700,000 0.0% $8 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $3,700,000 -- $8 / 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 $31,213 $4,010,100 $2,445,900 $1,564,200
2024 $31,213 $3,595,900 $2,445,900 $1,150,000
2023 $30,184 $4,449,500 $2,445,900 $2,003,600
2022 $30,184 $4,041,800 $1,231,000 $2,810,800
2021 $28,194 $3,949,900 $1,119,100 $2,830,800
2020 $26,595 $4,108,700 $1,119,100 $2,989,600
2019 $25,159 $3,987,200 $1,017,300 $2,969,900
2018 $20,665 $3,275,000 $1,870,400 $1,404,600
2017 $20,698 $0 $0 $0
2016 $197 $3,275,000 $1,870,400 $1,404,600
2015 $18,408 $3,958,900 $1,726,500 $2,232,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 393048

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-006-001-0002