NOT LISTED FOR SALE

257 Luawai St Unit Lot 14 Apt. A Lahaina, HI 96761

Estimated Value: $3,335,000 - $5,075,000

3 Beds
3.5 Baths
3,352 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $2,800,000 $835 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $23,366/month

23 Days on Market

Highlights

  • Ocean View
  • 3 Acre Lot
  • 3 Car Garage
  • Heated In Ground Pool
  • Central Air

About This Home

As of December 2019

One of the best values on the Westside! This well-built custom 3 bedroom home of 3352 sf and lanai's of 1450 is very thoughtfully laid out. The one-level living of living, expansive kitchen, and main master bedroom suite opens up to the outside entertaining area and pool with large 16' pocketing doors. There is a door that can separate the guests living area of 2 large bedrooms, living and a kitchenette area that keeps everyone with their sense of privacy on this 3-acre parcel with incredible Ocean and Island views. A photovoltaic system is included for the house. The materials sourced for the home include beautiful granite slabs, tumbled travertine floors, stacked travertine wall designs, dual station walk-in master shower, outdoor shower, two sets of washers and dryers, pool and spillover spa, separate 3 car garage with electric car charger, two-car lift ability, AC, and so many more details. This front row lot allows for HUGE ocean views that include the entire south shore of Maui, Molokini, Kahoolawe and the tip of Lanai. A large citrus orchard is laid out below the house. Easy to show. Come take a look, you won't be disappointed.

Last Agent to Sell the Property

Debbie Arakaki

Compass License #RB-20674 Listed on: 10/31/2019

Compass

Co-Listed By

Sunny Vermaas

Compass-W License #RB-16935

Last Buyer's Agent

Steven Fuller

Coldwell Banker Island Prop-KP License #RB-20645

Coldwell Banker Island Prop-KP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,812

Year Built

  • Built in 2014

Lot Details

  • 3 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Garage

Property Views

  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,812

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • District: Olowalu
  • Other Features: Lawn Sprinkler, Spa/Hot Tub
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Living Area Sq Ft: 3352

Exterior Features

  • Covered Lanai Deck Sq Ft House: 1450
  • Pool: Yes
  • Pool Type: In-Ground, Heated

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Sewer: Septic Tank
  • Utilities To Site: Private Water, Underground Electricity

Condo/Co-op/Association

  • Residential Condo: Yes

Lot Info

  • County Zoning: Agricultural
  • Cpr Land Acres: 0.3
  • Cpr Land Sq Ft: 13068
  • Land Acres: 3
  • Land Sq Ft: 130680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 12, 2019
Sold by
Steigmeyer Mark A
Bought by
Gregory Joel Martin
Seller's Agent
Debbie Arakaki
Compass
Buyer's Agent
Steven Fuller
Coldwell Banker Island Prop-KP
List Price
$2,900,000
Sold Price
$2,800,000
Premium/Discount to List
-$100,000
-3.45%
Current Estimated Value
$3,981,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,181,619
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Apr 26, 2018
Sold by
Steigmeyer Michelle R
Bought by
Steigmeyer Mark A

Purchase Details

Closed on
Apr 17, 2012
Sold by
Arakaki Gary and Arakaki Debra
Bought by
Steigmeyer Mark A and Steigmeyer Michelle R
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
Gregory Joel Martin $2,800,000 Fnt
Steigmeyer Mark A -- None Available
Steigmeyer Mark A $575,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $2,800,000 -3.4% $835 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $2,900,000 -- $865 / 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 $27,812 $3,336,200 $1,297,000 $2,039,200
2024 $27,812 $3,353,000 $1,407,000 $1,946,000
2023 $23,673 $3,227,900 $1,277,400 $1,950,500
2022 $20,193 $2,792,900 $1,002,300 $1,790,600
2021 $17,575 $2,622,500 $943,300 $1,679,200
2020 $14,072 $2,293,700 $579,400 $1,714,300
2019 $6,199 $2,337,700 $588,100 $1,749,600
2018 $4,885 $1,913,900 $579,400 $1,334,500
2017 $4,173 $0 $0 $0
2016 $1,161 $1,934,200 $777,700 $1,156,500
2015 $4,136 $1,674,200 $607,600 $1,066,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 384787

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-003-097-0001