NOT LISTED FOR SALE

240 Punakea Loop Unit Lot 14 B Lahaina, HI 96761

Launiupoko Neighborhood

Estimated Value: $3,421,000 - $7,277,000

9 Acres
$638,347 Price per Acre
409,028 Sq Ft Lot

Last Sold March 19, 2012

Last sale price $985,000

Est. 509% increase in value since last sale

Current estimated payment $35,653/month

4 Days on Market

Highlights

  • Ocean View
  • 9.39 Acre Lot
  • Gentle Sloping Lot

About This Lot

As of March 2012

LOCATION, LOCATION, LOCATION. BREATHTAKING, SWEEPING PANORAMIC OCEAN and MULTI-ISLAND VIEWS from this 9.3 acre parcel (part of a 12.49 acre cpr’d parcel). Build your EXECUTIVE home here on the gentle slopes of the West Maui Mountains. PRIVACY and HUGE, WIDE OPEN SPACES. Makila Plantations is a desirable section of Launiupoko offering lots of space and tranquility. Truly an awesome property. Launiupoko has great swimming and surfing beaches, hiking and jogging trails and is just minutes from the shops and restaurants of Historic Lahaina. Two of the Sellers hold active real estate licenses in the State of Hawaii. This CPR’d (Condominium Property Regime) parcel allows for the construction of the main house.

Last Agent to Sell the Property

Steve Blackington

Maui Lifestyle Properties LLC License #RB-19597 Listed on: 01/13/2012

Co-Listed By

Jerry Tichy

Maui Lifestyle Properties LLC License #RB-19737

Last Buyer's Agent

Debbie Arakaki

Compass License #RB-20674

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,304

Year Built

  • 2005

Lot Details

  • 9.39 Acre Lot
  • Property fronts an easement
  • Gentle Sloping Lot
  • Cleared Lot

HOA Fees

  • $400 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Private Water Source

Community Details

  • Makila Plantation Phase I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2470110140002

Property Details

Property Type

Land

Est. Annual Taxes

$41,304

Year Built

2005

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • View: Ocean
  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • LotFeatures: Sewer Easement, Cleared
  • Co List Office Mls Id: 9108
  • Co List Office Phone: 808-280-5084
  • Subdivision Name: Makila Plantation Phase I
  • Special Features: None
  • Year Built (Public Record): 2005

Exterior Features

  • Acres: 9.38999
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Licensed Owner

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 409028
  • ResoLotSizeUnits: Acres
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 2470110140002
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2022
Sold by
Macdonald Brian and Macdonald Suchada
Bought by
Schuster Stuart Carl
Total Days on Market
4
Current Estimated Value
$5,994,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Macdonald Brian and Macdonald Suchada
Bought by
Macdonald Brian and Macdonald Suchada

Purchase Details

Listed on
Jan 13, 2012
Closed on
May 1, 2012
Sold by
Hay Glenn Orr and Hay Carol Ann
Bought by
Macdonald Brian and Macdonald Suchada
Seller's Agent
Steve Blackington
Maui Lifestyle Properties LLC
Buyer's Agent
Debbie Arakaki
Compass
List Price
$1,095,000
Sold Price
$985,000
Premium/Discount to List
-$110,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
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
Schuster Stuart Carl -- Hookele Title
Macdonald Brian -- None Available
Macdonald Brian $1,100,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuster Stuart Carl $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $985,000 -10.0% --
01/18/2012 01/18/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $1,095,000 -- --
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 $41,304 $3,341,500 $1,770,000 $1,571,500
2024 $41,304 $4,316,700 $2,817,000 $1,499,700
2023 $20,386 $2,817,000 $1,996,700 $820,300
2022 $16,351 $2,312,600 $1,566,800 $745,800
2021 $13,967 $2,171,500 $1,474,600 $696,900
2020 $11,029 $1,852,700 $1,474,600 $378,100
2019 $11,677 $1,965,900 $1,597,500 $368,400
2018 $10,696 $1,782,600 $1,351,800 $430,800
2017 $8,581 $0 $0 $0
2016 $11,212 $1,980,900 $1,573,700 $407,200
Source: Public Records

Agents Affiliated with this Home

  • Steve Blackington

    Seller's Agent in 2012

    Steve Blackington

    Maui Lifestyle Properties LLC

    (808) 280-5084

    Section Image
  • Jerry Tichy

    Seller Co-Listing Agent in 2012

    Jerry Tichy

    Maui Lifestyle Properties LLC

    Section Image
  • Debbie Arakaki

    Buyer's Agent in 2012

    Debbie Arakaki

    Compass

    (808) 283-7214

    26 in this area

    89 Total Sales

    Debbie Arakaki
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 350797

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-011-014-0000

Hawaii Maui County Lahaina 96761 Launiupoko

240 Punakea Loop Unit Lot 14 B, Lahaina, HI

This home is located at 240 Punakea Loop Unit Lot 14 B, Lahaina, HI 96761 since 13 January 2012 and is currently estimated at $5,994,076. This property was built in 2005. 240 Punakea Loop Unit Lot 14 B is a home located in Maui County with nearby schools including Princess Nāhiʻenaʻena Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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