$1,000,000
SOLD NOV 15, 2024

Kihei Ali'i Kai 2387 S Kihei Rd Unit A308 Kihei, HI 96753

2 Beds
2 Baths
945 Sq Ft
3.78 Acres

Recently Sold

$1,058 Per Sq Ft

15% Below List Price

238 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Lanai
  • In Ground Pool
  • 3.78 Acre Lot
  • Furnished

About This Home

As of November 2024

Spectacular 2/2 HOTEL ZONED ocean view, vacation rental condo in Kihei Alii Kai resort, A very desireable complex located in the heart of Kihei! This complex is within direct proximity to many of the best beaches, shopping and dining options in South Maui, location is key! Nicely updated CORNER unit with granite kitchen, hardwood cabinetry, tile flooring throughout, freshly tiled new walk-in showers and TWO large separate lanai's to enjoy the ocean views or watch whales while sipping your morning coffee.  This spacious floor plan also boasts a recently added split system air conditioning with 3 zones of cooling so that you can precisely control your desired temperature in each room! Kihei Alii Kai resort is a top choice for second home owners and investors alike with excellent on site amenities such as pool, hot tub, tennis, pickleball, bbq areas. This is a must see!

Last Agent to Sell the Property

Max Blair

Coldwell Banker Island Prop(S) License #RS-78173 Listed on: 02/08/2024

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Haley Gorman

Coldwell Banker Island Prop-Ku License #RS-86173

Coldwell Banker Island Prop-Ku

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,367

Year Built

  • Built in 1979

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction
  • Tile

Interior Spaces

  • 945 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Lanai
  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390200160024

Community Details

Overview

  • High-Rise Condominium
  • Kihei Alii Kai Community
  • Kihei Alii Kai Subdivision

Pet Policy

  • No Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,367

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • View: Ocean
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • Subdivision Name: Kihei Alii Kai
  • Accessibility Features: Walk-in Shower
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, Linens, TV Cable
  • LivingArea: 945
  • Property Attached Yn: Yes
  • Roof: Asphalt/Comp Shingle
  • Structure Type: High-Rise 4+ Stories
  • WindowFeatures: Blinds, Drapes
  • Master Plan Zoning: H-2
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2

Exterior Features

  • Acres: 3.78
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Hollow Tile, Concrete
  • Exterior Features: Tennis Court(s), Barbecue
  • Foundation Details: Concrete Slab, Hollow Tile
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 164657
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390200160024
  • Zoning Description: Hotel District
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Pets Allowed: No
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Nov 8, 2024
Sold by
Cartmill Karen Doris and Cartmill John William
Bought by
Kak A308 Llc
Seller's Agent
Max Blair
Coldwell Banker Island Prop(S)
Buyer's Agent
Haley Gorman
Coldwell Banker Island Prop-Ku
List Price
$1,179,000
Sold Price
$1,000,000
Premium/Discount to List
-$179,000
-15.18%
Views
262
Current Estimated Value
$999,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$345
Avg. Annual Appreciation
-0.05%
Original Mortgage
$500,000
Outstanding Balance
$497,044
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$502,611

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 12, 2019
Sold by
Clark Gerald Carl and Clark Barbara Anne
Bought by
Cartmill Karen Doris
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Max Blair
Coldwell Banker Island Prop(S)
List Price
$595,000
Sold Price
$615,000
Premium/Discount to List
$20,000
3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Pearse Robin and Pearse Elena A
Bought by
Clark Gerald Carl and Clark Barbara Anne

Purchase Details

Closed on
Dec 15, 2004
Sold by
Durand Richard and Rieth Michael Paul
Bought by
Pearse Robin and Pearse Elena A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2002
Sold by
Atkinson John Alfred and Atkinson Doris Arlene
Bought by
Durand Richard and Rieth Michael Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
7.13%
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 -- Tg
Warranty Deed -- Tg
Deed $615,000 Tg
Deed $499,533 Or
Deed $470,000 --
Deed $225,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $500,000 New Conventional
Previous Owner $376,000 Unknown
Previous Owner $180,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $1,000,000 -13.0% $1,058 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $1,149,000 -2.5% $1,216 / Sq Ft
05/28/2024 05/28/24 For Sale $1,179,000 0.0% $1,248 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $1,179,000 -1.3% $1,248 / Sq Ft
02/08/2024 02/08/24 For Sale $1,195,000 +94.3% $1,265 / Sq Ft
06/24/2019 06/24/19 Sold $615,000 +3.4% $4 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $595,000 -- $4 / 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 $13,367 $1,024,100 $128,500 $895,600
2024 $13,367 $1,064,200 $128,500 $935,700
2023 $10,116 $853,700 $128,500 $725,200
2022 $7,492 $632,200 $40,800 $591,400
2021 $6,885 $619,700 $36,300 $583,400
2020 $6,538 $590,100 $36,300 $553,800
2019 $5,585 $519,500 $33,200 $486,300
2018 $4,365 $470,400 $33,900 $436,500
2017 $4,425 $0 $0 $0
2016 $4,285 $492,000 $32,300 $459,700
2015 $3,088 $449,900 $32,300 $417,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401132

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-020-016-0024