$1,400,000
SOLD AUG 22, 2013
15 Acres
$92,348 Price per Acre
660,370 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

22% Below List Price

167 Days on Market

About This Lot

As of February 2016

This is an unbelievable opportunity to create the estate or ranch you have always dreamed of. Bordered to the south by a stream this property is situated in the prime lower area of Launiopoko with unobsructable views of the islands and Lahaina town, yet is high enough to not be affected by the bypass. This 15 acre parcel has been cleared, graded and fenced and thousands of feet of irrigation pipe have been installed. The owner has lovingly created what will be a landmark property studded with palms and maturing Monkeypod and mango trees. It has not been CPR'd so substantial upside is possible by dividing the land if desired. In an area where 5 acre parcels are priced at over a million dollars, this is a steal!

Last Agent to Sell the Property

Buz Moffett

Moffett Properties LLC License #RB-15857 Listed on: 11/16/2012

Co-Listed By

Van Fischer

Keller Williams Realty Maui-L License #RS-74651

Last Buyer's Agent

Dean Otto

Keller Williams Realty Maui-L License #RB-16575

Keller Williams Realty Maui-L

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,513

Lot Details

  • 15.16 Acre Lot
  • Property fronts a county road

Schools

  • Princess Nahienaena Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Additional Features

  • Mountain Views
  • Private Water Source

Community Details

  • Makila Plantation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2470110090000

Property Details

Property Type

Land

Est. Annual Taxes

$1,513

Lot Details

0

Listing Details

  • View: Mountain/Ocean
  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 8568
  • Co List Office Phone: 808-669-0454
  • Subdivision Name: Makila Plantation
  • Tax Year: 2012
  • Special Features: None

Exterior Features

  • Acres: 15.160009
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Water Source: Private

Schools

  • Elementary School: Princess Nahienaena Elementary
  • High School: Lahainaluna High
  • Middle Or Junior School: Lahaina Intermediate

Lot Info

  • Topography: Level,Gentle Slope
  • Lot Size Sq Ft: 660370
  • ResoLotSizeUnits: Acres
  • Parcel #: 2470110090000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1513.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2016
Sold by
Angel Therapy Limited Liability Company
Bought by
Hibiscus Rainbow Gardens Inc
Current Estimated Value
$1,658,634

Purchase Details

Closed on
Nov 16, 2015
Sold by
Surfing Palms Llc
Bought by
Angel Therapy Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 26, 2013
Closed on
Jan 27, 2015
Sold by
Surfing Palms Llc
Bought by
Curtis Sarah
Seller's Agent
Gregory Brown
KW Big Island
Buyer's Agent
Ken Harris
Harris Hawaii Realty Group LLC
List Price
$3,795,000
Sold Price
$3,500,000
Premium/Discount to List
-$295,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.30%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Surfing Palms Llc
Bought by
Surf Cottage Llc

Purchase Details

Closed on
Dec 12, 2013
Sold by
Brown Gregory E
Bought by
Surfing Palms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,500
Interest Rate
4.27%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 16, 2012
Closed on
Aug 19, 2013
Sold by
Gronemeyer Michael J
Bought by
Brown Gregory E
Seller's Agent
Buz Moffett
Moffett Properties LLC
Buyer's Agent
Dean Otto
Keller Williams Realty Maui-L
List Price
$1,795,000
Sold Price
$1,400,000
Premium/Discount to List
-$395,000
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$400,000
Interest Rate
4.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2011
Sold by
Gronemeyer Michael J
Bought by
Gronemeyer Michael J and Mjg Living Trust
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 Type Sale Price Title Company
Deed $300,000 Fidelity Natl Title & Escrow
Deed $250,000 Fidelity Natl Title & Escrow
Deed $3,500,000 Fidelity Natl Title & Escrow
Deed $1,750,000 Fidelity National Title & Es
Deed $1,000 Accommodation
Warranty Deed $1,400,000 Tg
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Seller Take Back
Previous Owner $1,420,500 Construction
Previous Owner $400,000 Seller Take Back
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $3,650,000 -8.6% $993 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $3,995,000 +14.1% $1,087 / Sq Ft
01/31/2015 01/31/15 Sold $3,500,000 -7.8% $952 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
11/26/2013 11/26/13 For Sale $3,795,000 +171.1% $1,033 / Sq Ft
08/22/2013 08/22/13 Sold $1,400,000 -22.0% $4 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $1,795,000 -- $5 / 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 -- $1,500 $1,500 --
2024 -- $1,500 $1,500 --
2023 -- $1,500 $1,500 --
2022 $0 $1,500 $1,500 $0
2021 $0 $1,500 $1,500 $0
2020 $0 $1,500 $1,500 $0
2018 $0 $1,500 $1,500 $0
2016 -- $1,500 $1,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 354174

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-011-009-0000