2
Beds
2
Baths
890
Sq Ft
9
Acres
Highlights
- In Ground Pool
- 8.6 Acre Lot
- No Heating
- Property is near an ocean
- Garden View
About This Home
As of October 2024Turn-key, successful 2 bedroom lockoff unit in highly sought after Maui Banyan. Tastefully and beautifully remodeled in 2017, this unit comes fully furnished with upgraded furnishings and accessories. Strong rental history with many repeat guests and good reviews. Rented as 2B, 1B or studio with AirBnB ratings of 4.87, 4.9 and 4.69 respectively. Maui Banyan is highly sought after for its location across from Kamaole Beach Park II with lifeguards on duty, and nearby to many restaurants, cafes, shops and conveniences. There are 2 pools with hot tubs, BBQ grills, tennis courts and parking garage. Onsite front desk in this Hotel Classified complex (not subject to recent controversial legislature). Quiet and private location in complex, with nearby BBQs and grassy area with an ocean view. Assigned parking space in parking lot adjacent to unit. Perfect for a permanant home, second home and / or vacation rental. New split system AC in Living Room, Primary and 2nd Bedroom is quiet and efficient. New hot water heater and internal re-pipe done Dec 2021. Call to see this lovely unit today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,042
Year Built
- Built in 1991
Parking
- 1 Open Parking Space
Interior Spaces
- 890 Sq Ft Home
- Garden Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- In Ground Pool
- Property is near an ocean
Schools
- Kamalii Elementary School
- Lokelani Intermediate
- Maui High School
Utilities
- No Heating
Listing and Financial Details
- Assessor Parcel Number 2390040050003
Community Details
Overview
- Maui Banyan Community
- Maui Banyan Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
Sep 20, 2024
Sold by
Maui Banyon Llc
Bought by
La Perouse Llc
Seller's Agent
Trisha Cruz
Maui Kama'aina Real Estate Inc
Buyer's Agent
Leslie Smith
Hawaii Life (W)
List Price
$1,395,000
Sold Price
$1,375,000
Premium/Discount to List
-$20,000
-1.43%
Total Days on Market
4
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,802
Avg. Annual Appreciation
-1.06%
Original Mortgage
$725,000
Outstanding Balance
$720,898
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$645,300
Purchase Details
Listed on
Apr 9, 2020
Closed on
Jun 5, 2020
Sold by
South Maui Sun Llc
Bought by
Maui Banyon Llc
Seller's Agent
Mino McLean
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Trisha Cruz
Maui Kama'aina Real Estate Inc
List Price
$699,000
Sold Price
$699,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Original Mortgage
$524,250
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2016
Closed on
Sep 21, 2016
Sold by
Mirin Mehdy and Parto Mina
Bought by
South Maui Sun Llc
Seller's Agent
Jean Keating
Coldwell Banker Island Prop-Ku
Buyer's Agent
General Public
General Public
List Price
$499,950
Sold Price
$480,000
Premium/Discount to List
-$19,950
-3.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$336,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2004
Sold by
Honolulu Warehouse Co Ltd
Bought by
Miyasaki Ryan Matthew and Miyasaki Christine Rimi
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fntic | |
| Deed | $699,000 | Fnt | |
| Deed | -- | Or | |
| Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,000 | New Conventional | |
| Previous Owner | $524,250 | New Conventional | |
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $1,375,000 | -1.4% | $1,545 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 08/12/2024 08/12/24 | For Sale | $1,395,000 | +99.6% | $1,567 / Sq Ft |
| 06/12/2020 06/12/20 | Sold | $699,000 | 0.0% | $2 / Sq Ft |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- |
| 04/09/2020 04/09/20 | For Sale | $699,000 | +45.6% | $2 / Sq Ft |
| 10/04/2016 10/04/16 | Sold | $480,000 | -4.0% | $1 / Sq Ft |
| 07/31/2016 07/31/16 | Pending | -- | -- | -- |
| 05/03/2016 05/03/16 | For Sale | $499,950 | -- | $1 / 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 | $15,042 | $1,188,300 | $129,200 | $1,059,100 |
| 2023 | $11,093 | $936,100 | $129,200 | $806,900 |
| 2022 | $8,299 | $700,300 | $41,000 | $659,300 |
| 2021 | $8,131 | $731,900 | $36,500 | $695,400 |
| 2020 | $6,878 | $620,800 | $36,500 | $584,300 |
| 2019 | $6,166 | $573,600 | $33,400 | $540,200 |
| 2018 | $4,679 | $504,200 | $30,400 | $473,800 |
| 2017 | $4,779 | $0 | $0 | $0 |
| 2016 | $4,766 | $547,200 | $29,000 | $518,200 |
| 2015 | $3,353 | $483,500 | $29,000 | $454,500 |
Source: Public Records
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 403171
APN: 2-3-9-004-005-0003
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