NOT LISTED FOR SALE

257 W Lanai St Kahului, HI 96732

Estimated Value: $1,423,401 - $1,541,000

5 Beds
3 Baths
2,143 Sq Ft
$692/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $1,225,000 $572 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,228/month

17 Days on Market

Highlights

  • Mountain View
  • Ceiling Fan
  • Level Lot
  • 1-Story Property
  • Fenced
  • 2-minute walk to Kahului Basketball Court

About This Home

As of October 2022

MUST SEE! Multi Family or Investment Special! Well maintained House + Detached Cottage located in the heart of Kahului. Home has lots of options – live in AND generate income at the same time! Home features 3 separate units, main house has 3 bed, 2 bath, enclosed garage has 2 bed, 1 bath, and detached cottage has 3 bed, 1 bath. Single level, large lot, with ample parking. Perfect starter home or investment property with huge rental income potential. Conveniently located and close to shopping center, hospital, restaurants, and schools. Being sold in "AS IS" condition. Improvements may not match county records. Buyer and Buyer's agent to do their own due diligence.

Last Agent to Sell the Property

Freddie Cantorna

Fine Island Properties LLC License #RS-75596 Listed on: 08/03/2022

Co-Listed By

Gloria Ezera

Fine Island Properties LLC License #RB-23464

Last Buyer's Agent

Caleb Palmer

Hawaii Life (W) License #RB-19653

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Property fronts a county road
  • Fenced
  • Level Lot

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Roof
  • Wood Siding
  • Tile

Interior Spaces

  • 2,143 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Kahului Elementary School
  • Iao Intermediate
  • Henry Perrine Baldwin High School

Utilities

  • Cable TV Available

Community Details

  • Third Increment Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,942

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kahului
  • Other Features: Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: County, Paved
  • Total Exemption: 200000
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain
  • Year Built House: 1953
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Year Remodeled Updated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953
  • Year Renovated: 2017

Interior Features

  • Flooring: Vinyl
  • Bathrooms: 3
  • Bedrooms: 5
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Microwave, Range, Refrigerator, Smoke/Heat Detector, Washing MacHine
  • Living Area Sq Ft: 1443
  • Master Bedroom Ground Floor: Yes
  • Ohana Bedrooms: 3
  • Ohana Bathrooms: 1
  • Ohana Flooring: Vinyl
  • Ohana Living Area Sq Ft: 700
  • Price Per Sq Ft: 571.63
  • Total Living Sq Ft: 2143

Exterior Features

  • Construction Data: Hollow Tile, Single Wall
  • Design And Structure: 1 Story
  • Exterior Finish: Hollow Tile, Wood
  • Ohana Construction: Hollow Tile, Single Wall
  • Ohana Design: 1 Story
  • Ohana Exterior Finish: Hollow Tile, Wood
  • Ohana Included: Ceiling Fan, Microwave, Range, Refrigerator, Washing MacHine
  • Ohana Roofing: Asphalt/Comp Shingle
  • Ohana Sub Structures: Concrete Slab
  • Ohana Year Built: 1978
  • Ohana Year Remodeled: 2017
  • Roofing: Aluminum/Steel
  • Substructure: Concrete Slab

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2
  • Carport Parking Sq Ft House: 420

Utilities

  • Room AC Number House: 2
  • Sewer: Sewer County
  • Ohana Sewer: Sewer County
  • Ohana Utilities To Site: County Water, Overhead Electricity, Tv Cable
  • Utilities To Site: County Water, Overhead Electricity, Tv Cable

Schools

  • Elementary School: Kahului Elementary
  • Middle School: Iao Intermediate
  • High School: Henry Perrine Baldwin High
  • Elementary School: Kahului Elementary
  • High School: Henry Perrine Baldwin High
  • Intermediate School: Iao Intermediate

Lot Info

  • Assessed Improvement Value: 246400
  • Assessed Land Value: 496500
  • County Zoning: R-3 Residential
  • Land Acres: 0.2526
  • Land Recorded: Regular
  • Land Sq Ft: 11003
  • State Zoning: Urban
  • Topography: Level
  • Geo Address Line: 257 W Lanai St
  • Geo Primary City: Kahului
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 90.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Madrid Puen Roy La and Ferrer Mirian
Bought by
Roy & Mirian Puen Revocable Living Trust and Puen
Current Estimated Value
$1,458,022

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 5, 2022
Sold by
Siapno John Lester and Siapno Wendy Bustillo
Bought by
Puen Roy La Madrid and Puen Mirian Ferrer
Seller's Agent
Freddie Cantorna
Fine Island Properties LLC
Buyer's Agent
Caleb Palmer
Hawaii Life (W)
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jan 31, 2022
Sold by
Lester Siapno John and Bustillo Wendy
Bought by
Siapno John Lester and Siapno Wendy Bustillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 29, 2018
Sold by
Drake Timothy David and Drake Mary Jo
Bought by
Siapno Joh Lester and Siapno Wendy Bustillo
Seller's Agent
Maile J. Masada
Coldwell Banker Island Prop(Ka)
Buyer's Agent
Geoffrey Cook
Century 21 Island Homes
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$679,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Hiranaga Russell K
Bought by
Drake Timothy David and Drake Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Hiranaga Russell
Bought by
Hiranaga Russell K and Russell K Hiranaga Revocable Living Trus

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Jun 9, 2000
Sold by
Hiranaga Ralph T and Hiranaga Kimie
Bought by
Hiranaga Russell
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
Roy & Mirian Puen Revocable Living Trust -- None Listed On Document
Puen Roy La Madrid -- Fidelity National Title
Siapno John Lester -- First American Title Of Hawaii
Siapno John Lester -- First American Title Of Hawaii
Siapno Joh Lester $700,000 Fnt
Drake Timothy David $450,000 Fntic
Hiranaga Russell K -- None Available
Makekau Jeffery N -- --
Hiranaga Russell -- --
Hiranaga Ralph T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siapno John Lester $864,000
Previous Owner Siapno John Lester $718,512
Previous Owner Siapno John Lester $695,260
Previous Owner Siapno Joh Lester $679,000
Previous Owner Drake Timothy David $455,000
Previous Owner Drake Timothy David $427,500
Previous Owner Hiranaga Russell $75,000
Previous Owner Hiranaga Russell $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $1,225,000 -5.7% $572 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $1,299,000 0.0% $606 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,299,000 +85.6% $606 / Sq Ft
07/12/2018 07/12/18 Sold $700,000 +0.1% $485 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $699,000 -- $484 / 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 $2,942 $1,276,900 $781,800 $495,100
2024 $2,942 $1,180,500 $707,800 $472,700
2023 $1,924 $841,300 $570,500 $270,800
2022 $1,086 $742,900 $496,500 $246,400
2021 $1,080 $648,200 $443,700 $204,500
2020 $1,299 $717,400 $507,100 $210,300
2019 $1,143 $594,000 $390,900 $203,100
2018 $1,104 $587,200 $338,100 $249,100
2017 $1,034 $0 $0 $0
2016 $879 $525,400 $295,800 $229,600
2015 $524 $462,700 $253,600 $209,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 396623

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-8-022-047-0000