$1,495,000
SOLD NOV 29, 2024

2575 S Kihei Rd Unit B101 Kihei, HI 96753

2 Beds
2 Baths
890 Sq Ft
9 Acres

Recently Sold

$1,680 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Lanai
  • In Ground Pool
  • 8.6 Acre Lot
  • Furnished

About This Home

As of November 2024

Location, Location, Location! As the adage goes, if you have been waiting for the perfect location only steps to the beach within the highly desirable HOTEL ZONED Maui Banyan resort, this RARE offering is sure to impress! This FRONT ROW condo has been completely renovated top to bottom with no expenses spared and three separate zones of AC added, this truly unique lock-off unit can be rented/enjoyed as two completely separate units as a one bedroom and studio or rented/used as a large two bed, two bath unit for maximum flexibility or to maximize potential rental revenue. This spectacular condo has excellent rental history with repeat guests and top reviews and is ideal for second home use and investment. Excellent ocean views and one of the closest units to the beach in the entire complex. The creative custom finishes, lavish lighting and plumbing fixtures to its fresh, contemporary design, this unit exemplifies quintessential Maui coastal living. This is an absolute MUST see! Schedule your private showing today!

Last Agent to Sell the Property

Max Blair

Coldwell Banker Island Prop(S) License #RS-78173

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Rachel Phillips

Carol Ball & Assocs License #RB-18465

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,042

Year Built

  • Built in 1991

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Minimal Steps

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Lanai
  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390040050009

Community Details

Overview

  • Low-Rise Condominium
  • Maui Banyan Community
  • Maui Banyan Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,042

Year Built

Built in 1991

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector
  • Subdivision Name: Maui Banyan
  • Accessibility Features: 1 Level, Minimal Steps, Walk-in Shower
  • Carport Spaces: 1
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Furnished, Inventory, TV Cable
  • LivingArea: 890
  • Structure Type: Low-Rise 1-3 Stories
  • WindowFeatures: Blinds
  • Master Plan Zoning: H-2
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2

Exterior Features

  • Acres: 8.6
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco, Concrete
  • Exterior Features: Barbecue, Tennis Court(s)
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Sewer Connected, Phone Connected, Cable Connected
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 374616
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390040050009
  • Zoning Description: Hotel District
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Nov 22, 2024
Sold by
Perfect Stay Llc
Bought by
Gable Brian and Tam Donna
Seller's Agent
Max Blair
Coldwell Banker Island Prop(S)
Buyer's Agent
Rachel Phillips
Carol Ball & Assocs
List Price
$1,549,000
Sold Price
$1,495,000
Premium/Discount to List
-$54,000
-3.49%
Total Days on Market
31
Views
10
Current Estimated Value
$1,466,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,134
Avg. Annual Appreciation
-3.96%
Original Mortgage
$885,000
Outstanding Balance
$883,545
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$583,321

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 4, 2022
Sold by
Hugh Macdonald Daniel and Hugh Carolina
Bought by
Perfect Stay Llc
Seller's Agent
Robert Vafaie
Compass
Buyer's Agent
Paul Gallagher
Maui Property LLC
List Price
$899,000
Sold Price
$955,000
Premium/Discount to List
$56,000
6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.28%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Langdon Reed W and Langdon Su Chin
Bought by
Macdonald Daniel Hugh and Macdonald Carolina

Purchase Details

Closed on
Mar 13, 2008
Sold by
Maui Retreat Llc
Bought by
Langdon Reed W and Langdon Su Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,100
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2005
Sold by
Ig Properties Llc
Bought by
Maui Retreat Llc

Map

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 Type Sale Price Title Company
Deed -- Tg
Deed -- Tg
Deed $955,000 Old Republic Title
Deed $955,000 Old Republic Title
Deed $359,000 Or
Deed $489,000 Tg
Deed $445,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $885,000 New Conventional
Closed $885,000 New Conventional
Previous Owner $440,100 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2024 11/29/24 Sold $1,495,000 -3.5% $1,680 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $1,549,000 +62.2% $1,740 / Sq Ft
03/31/2022 03/31/22 Sold $955,000 +6.2% $3 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $899,000 -- $2 / 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 $7,614 $642,500 $41,000 $601,500
2021 $7,390 $665,200 $36,500 $628,700
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 $3,073 $483,500 $29,000 $454,500
Source: Public Records

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 403467

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-004-005-0009