NOT LISTED FOR SALE

250 Loko Maikai Place Kula, HI 96790

Estimated Value: $1,869,334 - $2,039,000

2 Beds
2 Baths
1,000 Sq Ft
$1,954/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $1,700,000 $1,700 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,570/month

81 Days on Market

Highlights

  • 2.13 Acre Lot
  • Lanai
  • Home Security System
  • Mountain View
  • Workshop
  • Solar Water Heater

About This Home

As of August 2022

Very Clear and beautiful bi-coastal views of Ha'aleakala & West Maui Mountains. This 7 lot subdivision, Kulaiki, located upper side of Kula Hwy and Omaopio Rd, the subdivision allows a 2 lot CPR and only this parcel comes with 2 legal accesses, one from Loko Maikai Pl. and the other from Kula Hwy. This custom-home is solid built with 10' block exterior walls on a firm foundation. The home has an open floor plan with a connecting breezeway and the garage has an office set-up. The approximate 2675 sq.ft under the roof; 1000 sq.ft. living area, 580 sq.ft. covered lanai, 390 sq.ft. entry and breezeway plus the 660 sq.ft. garage. You will find a vaulted ceiling in the living room and kitchen, along with granite counter tops inside, and outside for many futures. 2 walk-in-closets, 2 walk in showers and one soaking tub. This 2nd farm dwelling on over 1/2 acres that is professionally retained with CMU walls and landscaped, a sprinkler system and in harmony with fruit trees, tropical and upcountry plants A concrete formed long Vegetable bed is very useful. Property is agricultural zoned that will allow you to build a main house with a detached or attached garage and a 1000 sq.ft. barn per the county code. Property is fully fenced. Electrical condor are Prepared for front rolling gate track, sauna and Jacuzzi even for swimming pool, security system. Very close to many schools and About 15-minute drive to airport, beaches in Paia, and shops in Kahului. Very bright sunny side for farming also crisp chili climate during the winter season. Elevation 2150. The listing agent is the owner.

Last Agent to Sell the Property

Michelle Akana

Hawaii Life (W) License #RS-66571 Listed on: 04/09/2022

Hawaii Life (W)

Last Buyer's Agent

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 2019

Lot Details

  • 2.13 Acre Lot
  • Property fronts a county road
  • Fenced
  • Sprinkler System
  • Natural Drainage
  • Zoning described as Agricultural

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction
  • Double Stud Wall
  • Masonry
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Workshop
  • Storage
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Low Kitchen Cabinetry
  • Accessible Doors

Schools

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

Utilities

  • Central Air
  • No Heating
  • Underground Utilities
  • Septic Tank
  • TV Antenna

Additional Features

  • Solar Water Heater
  • Lanai

Community Details

  • Kulaiki Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2230700050000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,652

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • View: Mountain/Ocean
  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • LotFeatures: Drainage Easement
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • OtherEquipment: TV Antenna
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Subdivision Name: Kulaiki
  • Accessibility Features: Accessible Doors, Walk-in Shower, Kitchen Cabinets
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Storage, Workshop
  • Unit Levels: One
  • LivingArea: 1000
  • Roof: Asphalt/Comp Shingle
  • WindowFeatures: Blinds, Drapes
  • Tax Year: 2022
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone/Concrete, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water, Washer
  • Total Bedrooms: 2
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 2.1257
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Listor Owned
  • Home Warranty: No
  • Construction Type: Hollow Tile, Stucco, Concrete, Double Wall, Masonry, Wood Frame
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Heating: Solar Water Heating
  • Sewer: Septic Tank
  • Cooling: Central Air
  • HeatingYN: No
  • Utilities: Sewer Connected
  • Water Source: Public, County Water Meter Ins

Schools

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

Lot Info

  • Topography: Gentle Slope,Level
  • Lot Size Sq Ft: 92595
  • ResoLotSizeUnits: Acres
  • Parcel #: 2230700050000
  • Zoning Description: Agricultural

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4652.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Aug 2, 2022
Sold by
Chun Mi Kim Akana Revocable Living Trust
Bought by
Kathleen A Rose Living Trust
Seller's Agent
Michelle Akana
Hawaii Life (W)
Buyer's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
List Price
$2,200,000
Sold Price
$1,700,000
Premium/Discount to List
-$500,000
-22.73%
Current Estimated Value
$1,954,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,167
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Apr 10, 2020
Sold by
Akana Chunmi Kim
Bought by
Akana Chun Mi Kim and Chun Mi Kim Akana Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2019
Sold by
T J Gomes Trucking Co Inc
Bought by
Akana Chumi Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Kathleen A Rose Living Trust -- Old Republic Title
Kathleen A Rose Living Trust -- Old Republic Title
Akana Chun Mi Kim -- Or
Akana Chumi Kim $490,000 Fidelity National Title & Es
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akana Chun Mi Kim $633,000
Previous Owner Akana Chumi Kim $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $1,700,000 0.0% $1,700 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $1,700,000 +0.1% $1,700 / Sq Ft
06/09/2022 06/09/22 Price Changed $1,699,000 -2.9% $1,699 / Sq Ft
05/27/2022 05/27/22 Price Changed $1,750,000 -5.4% $1,750 / Sq Ft
05/20/2022 05/20/22 Price Changed $1,850,000 -2.6% $1,850 / Sq Ft
05/13/2022 05/13/22 Price Changed $1,899,000 +0.2% $1,899 / Sq Ft
05/09/2022 05/09/22 Price Changed $1,895,000 -5.0% $1,895 / Sq Ft
04/29/2022 04/29/22 Price Changed $1,995,000 -3.9% $1,995 / Sq Ft
04/21/2022 04/21/22 Price Changed $2,075,000 -3.5% $2,075 / Sq Ft
04/14/2022 04/14/22 Price Changed $2,150,000 -2.3% $2,150 / Sq Ft
04/09/2022 04/09/22 For Sale $2,200,000 -- $2,200 / 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 $4,093 $1,599,100 $1,058,500 $540,600
2024 $4,093 $1,418,600 $907,300 $511,300
2023 $2,890 $1,163,200 $705,700 $457,500
2022 $1,476 $937,900 $524,200 $413,700
2021 $4,652 $848,300 $483,900 $364,400
2020 $2,747 $504,100 $504,100 $0
2019 $3,671 $618,000 $509,100 $108,900
2018 $3,231 $538,500 $484,400 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 395411

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-070-005-0000