NOT LISTED FOR SALE

Estimated Value: $7,416,450 - $8,894,000

4 Beds
4 Baths
4,316 Sq Ft
$1,842/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $1,700,000 $394 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $46,262/month

420 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Stone Flooring
  • 6.09 Acre Lot
  • Storage
  • 1-Story Property

About This Home

As of February 2014

Magnificent estate property at the prestigious gated community of Honolua Ridge. Some work still needs to be done, but this is an incredible value for a prime location. Property to be sold "AS-IS". Calendar Days 1-8: PAS will only entertain offers from buyers purchasing as their primary residence. We want REOs to have exposure to the market and potential buyers. The date of the Listing Modification is counted as Day 1. During this 8 calendar day time period, PAS will not entertain offers from the following buyer types: Municipalities Non-profits Investors Second Homes Parent(s) buying a home for their child/children, etc Calendar Days 9+: We will entertain offers from all buyers once any offers received during days 1-8 have been full vetted.

Last Agent to Sell the Property

Ken Smith

Coldwell Banker Island Prop(S) License #RS-49856 Listed on: 11/14/2012

Coldwell Banker Island Prop(S)

Co-Listed By

Jeremy Smith

Coldwell Banker Island Prop(S) License #RS-68438

Last Buyer's Agent

Buz Moffett

Moffett Properties LLC License #RB-15857

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 6.09

HOA Fees

  • $1,566 Monthly HOA Fees

Parking

  • 5 Car Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Double Stud Wall
  • Stucco

Interior Spaces

  • 4,316 Sq Ft Home
  • 1-Story Property
  • Storage
  • Stone Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air
  • No Heating
  • Underground Utilities
  • Private Water Source

Additional Features

  • In Ground Pool
  • 6.09 Acre Lot

Community Details

  • Honolua Ridge Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 2420090100000

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,566 per month

Parking

5

Listing Details

  • View: Mountain/Ocean
  • Year Built: 2008
  • Property Sub Type: SF w/Det Ohana or Cottage
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • Road Surface Type: Paved
  • Co List Office Mls Id: 8746
  • Co List Office Phone: 808-874-8668
  • SpecialListingConditions: Real Estate Owned
  • Subdivision Name: Honolua Ridge
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Interior Features: Storage
  • Unit Levels: One
  • LivingArea: 4316
  • Roof: Monier Tile/Tile
  • Tax Year: 2012
  • Financial Info Electric: Underground
  • Special Features: 5120

Interior Features

  • Flooring: Stone/Concrete
  • Total Bedrooms: 4
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Acres: 6.09
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco, Double Wall, Wood Frame
  • Foundation Details: Concrete Slab

Garage/Parking

  • Covered Parking Spaces: 7
  • Garage Spaces: 5
  • Parking Features: Carport, Garage

Utilities

  • Cooling: Central Air, Ohana Central Air
  • HeatingYN: No
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 1566
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 265280
  • ResoLotSizeUnits: Acres
  • Parcel #: 2420090100000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 27578.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2015
Sold by
Aloha Llc
Bought by
Oerther Gary L and Gary L Oerther Trust
Current Estimated Value
$7,125,635

Purchase Details

Listed on
Nov 14, 2012
Closed on
Feb 12, 2014
Sold by
May Rodger Douglas
Bought by
Aloha Llc
Seller's Agent
Ken Smith
Coldwell Banker Island Prop(S)
Buyer's Agent
Buz Moffett
Moffett Properties LLC
List Price
$2,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$1,150,000
-40.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$2,612,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 14, 2012
Closed on
Feb 10, 2014
Sold by
Wells Fargo Bank National Association
Bought by
May Rodger Douglas
Seller's Agent
Ken Smith
Coldwell Banker Island Prop(S)
Buyer's Agent
Buz Moffett
Moffett Properties LLC
List Price
$2,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$1,150,000
-40.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,612,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2012
Sold by
Field Dane S
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Sep 25, 2006
Sold by
Honolua Ridge Llc
Bought by
Watson Valentina Stewart and Little Angels Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
6.53%
Mortgage Type
Seller Take Back
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
Oerther Gary L $4,600,000 Tg
Aloha Llc $1,000 Accommodation
May Rodger Douglas $1,700,000 Fidelity National Title & Es
Wells Fargo Bank National Association $2,827,216 None Available
Watson Valentina Stewart $1,450,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aloha Llc $1,360,000
Previous Owner Aloha Llc $2,612,000
Previous Owner Aloha Llc $2,612,000
Previous Owner Totten Donald $600,000
Previous Owner Totten Donald $1,800,000
Previous Owner Totten Donald $750,000
Previous Owner Watson Valentina Stewart $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $1,700,000 -40.4% $394 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
11/14/2012 11/14/12 For Sale $2,850,000 -- $660 / 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 $68,188 $6,517,000 $1,337,200 $5,179,800
2024 $68,188 $6,237,000 $1,285,900 $4,951,100
2023 $53,195 $6,047,600 $1,082,600 $4,965,000
2022 $46,789 $5,535,100 $1,016,400 $4,518,700
2021 $30,746 $4,268,900 $990,700 $3,278,200
2020 $25,208 $3,907,700 $990,700 $2,917,000
2019 $18,102 $3,047,500 $1,080,500 $1,967,000
2018 $25,654 $4,275,600 $1,080,500 $3,195,100
2017 $25,969 $0 $0 $0
2016 $23,020 $4,067,100 $1,054,900 $3,012,200
2015 $24,106 $4,177,800 $826,600 $3,351,200
2014 $24,106 $3,897,400 $826,600 $3,070,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 354123

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-009-010-0000