NOT LISTED FOR SALE

2481 Kaanapali Pkwy Unit 1273 Lahaina, HI 96761

Ka'anapali Neighborhood

Estimated Value: $2,962,000 - $4,362,000

2 Beds
2 Baths
290,545 Sq Ft
7 Acres

Last Sold May 15, 2017

Last sale price $625,000 $2 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $23,450/month

112 Days on Market

Highlights

  • Beach Front
  • 6.67 Acre Lot
  • Home Gym
  • In Ground Pool
  • Mountain View
  • Elevator

About This Home

As of May 2017

Own 3 months of this beachfront luxury penthouse condo located in the center of the world famous sandy Ka'anapali Beach. Quarter share ownership in this spacious 2 bedroom 2 bathroom 1,444 Sq ft fully remodeled and fully furnished home is available. Offering a second home without the expense of all year expenses. The resort amenities include an oceanfront pool & hot tub, sauna, massage therapy spa, an exercise room, beauty salon, tennis courts, underground parking, a business center and newly rebuilt entrance. The property has an excellent vacation rental history available on request.

Last Agent to Sell the Property

Robert Myers

Coldwell Banker Island Prop-KP License #RS-58532 Listed on: 12/22/2016

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Robert Cartwright

Robert J Cartwright, Inc. License #RB-13462

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,348

Year Built

  • Built in 1974

Lot Details

  • 7

Home Design

  • Pitched Roof

Interior Spaces

  • Dining Area
  • Home Gym
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool
  • Spa

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Listing and Financial Details

  • Short Term Rentals Allowed

Community Details

Overview

  • High-Rise Condominium
  • Whaler Community

Recreation

  • Tennis Courts

Additional Features

  • Elevator
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,348

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Fraction-Partial-Interval
  • District: Kaanapali
  • Other Features: Tennis Court, Excercise Room, Bar-B-Que, Security Guard, Spa/Hot Tub
  • Type: Partial Interest
  • View: Mountain/Ocean
  • Unit: 1273
  • Year Built: 1974
  • Year Renovated: 2014
  • Geo Subdivision: HI
  • Residential Condominium: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Additional Rooms: Dining Area
  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 1444
  • Price Per Sq Ft: 432.83
  • Floor Level: 12
  • Passenger Elevator: Three or More

Exterior Features

  • Construction Data: Single Wall
  • Design And Structure: High-Rise 4+ Stories
  • Pool: Yes
  • Roofing: Pitch and Gravel
  • Waterfront: BeachFront
  • Pool Type: In-Ground, Spa/Hot Tub

Utilities

  • Central Air Conditioning: y
  • Utilities To Site: Private Water, Underground Electricity, Telephone, TV Cable
  • Water To Site: Private Water

Condo/Co-op/Association

  • Association Manager: Destination Maui
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Whaler

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High
  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Intermediate School: Lahaina Intermediate

Lot Info

  • County Zoning: H-2 Hotel District
  • General Land Class: Hotel and Resort
  • Land Acres: 6.67
  • Land Sq Ft: 290545
  • State Zoning: Urban
  • Geo Address Line: 2481 Kaanapali Pkwy
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Secondary City: Maui Co.
  • Geo Zoom Level: 16

Rental Info

  • Short Term Rental Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2014
Closed on
Apr 30, 2015
Sold by
Pietsch James Charles
Bought by
Pietsch James C and Blue Horseshoe Trust
Seller's Agent
Graham Strathdee
RE/MAX Resort Realty
Buyer's Agent
Graham Strathdee
RE/MAX Resort Realty
List Price
$495,000
Sold Price
$625,000
Premium/Discount to List
$130,000
26.26%
Current Estimated Value
$3,697,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,072,548
Avg. Annual Appreciation
18.58%
Original Mortgage
$475,000
Outstanding Balance
$369,731
Interest Rate
3.73%
Mortgage Type
Seller Take Back
Estimated Equity
$3,232,390

Purchase Details

Listed on
Oct 24, 2014
Closed on
Apr 21, 2015
Sold by
Pietsch James Charles
Bought by
Margetic Stephen Joseph and Margetic Michele Mills
Seller's Agent
Graham Strathdee
RE/MAX Resort Realty
Buyer's Agent
Graham Strathdee
RE/MAX Resort Realty
List Price
$495,000
Sold Price
$625,000
Premium/Discount to List
$130,000
26.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$369,731
Interest Rate
3.73%
Mortgage Type
Seller Take Back
Estimated Equity
$3,232,390

Purchase Details

Closed on
Oct 22, 2014
Sold by
Security F S E One Hundred & Ninety One
Bought by
Pietsch James Charles

Purchase Details

Listed on
May 8, 2014
Closed on
Apr 25, 2014
Sold by
Raspal Properties
Bought by
Security F S E One Hundred & Ninety One
Seller's Agent
John Skenderian
Berkshire Hathaway Maui Prop-L
Buyer's Agent
Don McEntire
McEntire Realty
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Listed on
Jan 18, 2012
Closed on
Apr 16, 2012
Sold by
Foley Scott
Bought by
Rjgd-1273 Maui Partnership
Seller's Agent
Leslee Skenderian
Berkshire Hathaway Maui Prop-L
Buyer's Agent
John Skenderian
Berkshire Hathaway Maui Prop-L
List Price
$1,495,000
Sold Price
$1,150,000
Premium/Discount to List
-$345,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%

Purchase Details

Closed on
Mar 3, 2009
Sold by
Foley Sherry J
Bought by
Foley Sherry J and Shelter Trust

Purchase Details

Closed on
Jan 15, 2001
Sold by
Cameron William Douglas and Cameron Peggy Joan
Bought by
Foley Gerald L and Foley Sherry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7%
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
Pietsch James C -- Accommodation
Margetic Stephen Joseph $625,000 Fntic
Pietsch James Charles $1,500 Fidelity Natl Title & Escrow
Security F S E One Hundred & Ninety One $1,800,000 Fidelity National Title & Es
Raspaul Properties -- Fidelity National Title & Es
Rjgd-1273 Maui Partnership $1,150,000 Fntic
Foley Sherry J -- Accommodation
Foley Gerald L $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margetic Stephen Joseph $475,000
Previous Owner Foley Gerald L $700,000
Closed Security F S E One Hundred & Ninety One $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $625,000 -2.3% $2 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $640,000 +2.4% $2 / Sq Ft
04/29/2015 04/29/15 Sold $625,000 +26.3% $2 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $495,000 -72.5% $2 / Sq Ft
05/08/2014 05/08/14 Sold $1,800,000 0.0% $1,247 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $1,800,000 +56.5% $1,247 / Sq Ft
04/23/2012 04/23/12 Sold $1,150,000 -23.1% $796 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $1,495,000 -- $1,035 / 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 $36,348 $2,872,800 $279,800 $2,593,000
2024 $36,348 $2,766,500 $279,800 $2,486,700
2023 $24,362 $2,488,700 $279,800 $2,208,900
2022 $24,362 $2,055,900 $140,800 $1,915,100
2021 $22,196 $1,991,300 $128,000 $1,863,300
2020 $26,535 $2,394,900 $128,000 $2,266,900
2019 $23,589 $2,194,300 $116,400 $2,077,900
2018 $17,632 $1,900,000 $100,500 $1,799,500
2017 $17,803 $0 $0 $0
2016 $15,640 $1,795,600 $100,500 $1,695,100
2015 $4,754 $1,511,400 $100,500 $1,410,900
2014 $4,754 $1,043,700 $91,300 $952,400
Source: Public Records

Agents Affiliated with this Home

  • Robert Myers

    Seller's Agent in 2017

    Robert Myers

    Coldwell Banker Island Prop-KP

    (808) 214-4778

    54 in this area

    75 Total Sales

    Section Image

  • R

    Buyer's Agent in 2017

    Robert Cartwright

    Robert J Cartwright, Inc.

    (808) 661-8777

    75 in this area

    90 Total Sales

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  • G

    Seller's Agent in 2015

    Graham Strathdee

    RE/MAX Resort Realty

  • John Skenderian

    Seller's Agent in 2014

    John Skenderian

    Berkshire Hathaway Maui Prop-L

    (808) 280-6000

    2 in this area

    28 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2014

    Leslee Skenderian

    Berkshire Hathaway Maui Prop-L

    (808) 280-2688

    3 in this area

    12 Total Sales

    Section Image
  • Don McEntire

    Buyer's Agent in 2014

    Don McEntire

    McEntire Realty

    (808) 268-3517

    20 Total Sales

    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 372275

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-008-002-0359

Hawaii Maui County Lahaina 96761 Ka'anapali

2481 Kaanapali Pkwy Unit 1273, Lahaina, HI

This home is located at 2481 Kaanapali Pkwy Unit 1273, Lahaina, HI 96761 since 22 December 2016 and is currently estimated at $3,562,098, approximately $12 per square foot. This property was built in 1974. 2481 Kaanapali Pkwy Unit 1273 is a home located in Maui County with nearby schools including King Kamehameha III 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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