$700,000
SOLD JUL 17, 2024

2531 S Kihei Rd Unit D-G10 Kihei, HI 96753

1 Bed
1 Bath
696 Sq Ft
7 Acres

Recently Sold

$1,006 Per Sq Ft

12% Below List Price

98 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Furnished
  • In Ground Pool
  • 6.69 Acre Lot
  • Putting Green

About This Home

As of July 2024

Welcome to your own piece of paradise in this HOTEL ZONED, fully furnished 1-bedroom, 1-bathroom ground-floor vacation rentable unit at Kihei Akahi. Situated in the tranquil D building of this coveted complex, in South Kihei, this ground-floor oasis promises serenity at every turn. With a gas range (rare!), granite countertops, and ceiling fans in both rooms, this unit offers comfort and convenience in abundance. You'll love the added perk of a washer and dryer tucked away for your convenience. Step out onto your private Lanai to enjoy stunning garden views and even catch a peak-a-boo glimpse of the ocean. From the moment you step inside, it's evident that this home has been cherished and maintained with the utmost care, making it feel like your own personal sanctuary. Located just across the street from the renowned Kamaole Beach Park II and surrounded by fantastic shops and eateries, every day promises endless adventures and relaxation. Plus, with amenities like two sparkling pools, a BBQ area, and beautifully landscaped grounds, including pickleball and tennis courts, there's something for everyone to enjoy. Don't wait another moment to experience the magic of this special property. Utilities included in monthly fee: Water, Sewer, Garbage, Basic cable, Basic Internet, Hot Water & Propane.

Last Agent to Sell the Property

Joshua Broady

Real Broker LLC License #RS-83542

Co-Listed By

Jillian Newton

Real Broker LLC License #RS-87189

Last Buyer's Agent

Joshua Broady

Real Broker LLC License #RS-83542

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,259

Year Built

  • Built in 1976

Parking

  • 1 Open Parking Space

Home Design

  • Wood Frame Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 696 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • In Ground Pool
  • Property is near an ocean
  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390200010138

Community Details

Overview

  • High-Rise Condominium
  • Kihei Akahi Community
  • Kihei Akahi Subdivision

Recreation

  • Putting Green
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,259

Year Built

Built in 1976

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1976
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector, Security Guard
  • Co List Office Mls Id: 31500
  • Co List Office Phone: 808-650-5145
  • Subdivision Name: Kihei Akahi
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, Linens, TV Cable
  • LivingArea: 696
  • Structure Type: High-Rise 4+ Stories
  • WindowFeatures: Drapes
  • Tax Year: 2023
  • Master Plan Zoning: H-1
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water, Washer
  • Total Bedrooms: 1

Exterior Features

  • Acres: 6.69
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Concrete, Wood Frame
  • Exterior Features: Barbecue, Putting Green, Tennis Court(s)

Garage/Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Heating: Solar Water Heating
  • HeatingYN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 291416
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390200010138
  • Zoning Description: Hotel District,H-2 Hotel District
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8259.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jul 10, 2024
Sold by
G Lee Ridgeway Family Trust and Nathan Laura V
Bought by
Hartman Elizabeth Meagan
Seller's Agent
Joshua Broady
Real Broker LLC
Buyer's Agent
Joshua Broady
Real Broker LLC
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Total Days on Market
98
Views
33
Current Estimated Value
$720,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,847
Avg. Annual Appreciation
3.56%
Original Mortgage
$490,000
Outstanding Balance
$474,893
Interest Rate
6.29%
Mortgage Type
Balloon
Estimated Equity
$245,954

Map

Range of Values:

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Average Value
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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
Exchange Deed -- First Hawaii Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $700,000 -6.5% $1,006 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $749,000 -6.3% $1,076 / Sq Ft
02/21/2024 02/21/24 For Sale $799,000 -- $1,148 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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
2024 $9,555 $764,400 $96,300 $668,100
2023 $8,259 $697,000 $96,300 $600,700
2022 $5,183 $437,400 $30,600 $406,800
2021 $4,578 $412,100 $27,200 $384,900
2020 $2,268 $416,100 $27,200 $388,900
2019 $2,498 $395,900 $24,900 $371,000
2018 $2,114 $335,000 $22,700 $312,300
2017 $1,992 $0 $0 $0
2016 $212 $352,600 $21,600 $331,000
2015 $1,519 $284,000 $21,600 $262,400
Source: Public Records

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401255

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-020-001-0138