NOT LISTED FOR SALE

22 Apali Way Kula, HI 96790

Estimated Value: $3,306,000 - $4,895,000

5 Acres
$796,035 Price per Acre
217,800 Sq Ft Lot

Last Sold December 29, 2020

Last sale price $650,000 $3 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $21,626/month

328 Days on Market

Highlights

  • 5 Acre Lot
  • Mountain View
  • Level Lot

About This Lot

As of December 2020

BEAUTIFUL UNOBSTRUCTED BI-COASTAL OUTER ISLAND AND NORTH SHORE VIEWS. Here's your chance to live your Maui dream on this READY TO BUILD 5 acre lot in the exclusive gated community of KULA MEADOWS. With only 16 lots and exquisitely built homes in this idyllic agriculturally zoned subdivision, you're provided the utmost of privacy with endless views. At an approximate elevation of 1100 fee you'll enjoy moderate temperatures year round and the trade winds are light due to it's natural location. This lot has been extensively prepared with two 2500 gallon septic tanks, a 26x54 leech field built with commercial infiltrators (sturdy enough to drive over), 70 plus truckloads of fill dirt provided by Pete Sullivan Construction,private water (two wells designated for the subdivision), underground electricity, and packed elevated pads for house and cottage all ready to build on. 140K in lot improvements overall. Expert plans for build drawn by renowned architect George Rixy are available. The home's renderings feature wall of glass positioned to take full advantage of the spectacular bi-coastal and Haleakala views. All this and just 9 minutes to nearby Shopping in Kahului and the airport. A mere 15 minutes to Paia and Sprecklesville and close to Upcountry schools. Enjoy peaceful sunrises, beautiful sunsets that only Maui can give, and awe inspiring stargazing all from your own property n Kula Meadows. Owner financing a possibility. Sunset viewings available upon request.

Last Agent to Sell the Property

Tara Mathews

Hawaii Life (W) License #RS-77099 Listed on: 12/17/2019

Hawaii Life (W)

Co-Listed By

Mark Kasbergen

Hawaii Life (W) License #RS-42258

Last Buyer's Agent

Alex Iskenderian

Berkshire Hathaway Maui Prop-L License #RB-23602

Berkshire Hathaway Maui Prop-L

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,091

Lot Details

  • 5 Acre Lot
  • Level Lot

HOA Fees

  • $285 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Kula Elementary School
  • Samuel E Kalama Intermediate
  • King Kekaulike High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2230680110000

Property Details

Property Type

Land

Est. Annual Taxes

$6,091

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • Roads: Paved
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 2.98

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: Private Water, Telephone, Underground Electricity, Tv Cable
  • Water To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Quarterly
  • Association Fees: 855

Schools

  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Intermediate School: Samuel E Kalama Intermediate

Lot Info

  • Land Acres: 5
  • Land Sq Ft: 217800
  • State Zoning: Agricultural
  • Topography: Level, Gentle Slope
  • Number Of Lots In Listing: One

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2230680110000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Dec 23, 2020
Sold by
Arnold Lorge Polly Allyn
Bought by
Josephs Edward Benson and Zettl Lynnette Audrey
Seller's Agent
Tara Mathews
Hawaii Life (W)
Buyer's Agent
Alex Iskenderian
Berkshire Hathaway Maui Prop-L
List Price
$698,000
Sold Price
$650,000
Premium/Discount to List
-$48,000
-6.88%
Current Estimated Value
$3,980,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,330,173
Avg. Annual Appreciation
45.52%
Original Mortgage
$500,000
Outstanding Balance
$445,943
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$3,534,230

Purchase Details

Closed on
Nov 16, 2010
Sold by
Hunt Richard C
Bought by
Arnold Lorge Polly Allyn

Purchase Details

Closed on
Oct 19, 2005
Sold by
Altman Dwayne W and Altman Sharon J
Bought by
Hunt Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
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
Josephs Edward Benson $650,000 Fntic
Arnold Lorge Polly Allyn $550,000 Fntic
Hunt Richard C $979,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josephs Edward Benson $500,000
Previous Owner Hunt Richard C $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $650,000 -6.9% $3 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $698,000 -- $3 / 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 $6,091 $3,411,600 $440,600 $2,971,000
2024 $6,091 $1,061,100 $1,061,100 --
2023 $5,025 $875,400 $875,400 $0
2022 $3,319 $578,300 $578,300 $0
2021 $3,200 $538,700 $538,700 $0
2020 $3,200 $538,700 $538,700 $0
2019 $3,062 $515,500 $515,500 $0
2018 $3,557 $592,800 $592,800 $0
2017 $3,563 $0 $0 $0
2016 $3,501 $618,600 $618,600 $0
2015 $1,510 $592,800 $592,800 $0
2014 $1,510 $515,500 $515,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385405

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-068-011-0000